Northwest Arkansas Times from Fayetteville, Arkansas on May 10, 1974 · Page 11
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 11

Fayetteville, Arkansas
Issue Date:
Friday, May 10, 1974
Page 11
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Norrhwwl Arkamw TIMB, Friday, May 10, 1974 'AYBTTIVILU. AMAMM II And Interest Rates Forecasters Look For Decline In Inflation By JOHN CUNN1FF NEW YORK (AP) _ The standard or consensus forecast made up of the views of private and government forecasters, seems to favor a decline in the rate of inflation and interest rates later this year. In the recent past those hopes remained unfulfilled, so forecasters are under greater pressure now to state their case in specifics rather than generalities. Here are some of the specifics that support their view: --Much of (he huge increase m oil has now worked its way through the production process » the point of sale. H is unlike- y that any future increases will be of the same magnitude. --Commodity price increases although they continue, aren' of the same magnitude as the' were during the past year. --The world's harvests show signs of being more abundan :han in the pasl year or so, in cheating some lessening of prea sure on food prices. --Removal of price controls while it might cause some im mediate p r i c e increases, wil tend to make some product more available and thus caus a levelling of prices over a pc iod of months. --There are indications that age and benefit settlements in najor labor contracts are like- y to be only moderate, a reac ion to an anticipated rise ir he unemployment rate. --Inflation and shrinking buy- ng power is likely to convince nany consumers that spending or big ticket items should be postponed. But there's still another side of the forecasts. A lot of hope still lies at the root of those assumptions, nourishing an op imism that isn't shared by all. Critics of the consensus point out that: --Harvests tend to be unpre dictable. While the United States can look forward to record wheat harvest, for ex ample, can the same be said a all the world's wheat and rice producers? Moreover, the increased de mands for foods relied a long term situation--the rise In th world's population, couplec with a desire for more nutr tional balance throughout th world. --Nobody can say for sure what effect the removal price controls will have. Some ounced are in reas. steel and or example, f the Increases already an very basic automobiles r __. which affec ices of other goods and serv ices. --Despite high interest rates Dusiness continues to lay plan or massive spending on plar and equipment. While thi might make them more produc ive, more efficient over th ong term, it could add to in lation and interest rates thi year. --Some economists doubt tha wage demands will remai moderate, especially since th suying power of wage earner is declining. They are, in fac surprised at labor's stance. TERMITES? CALL ADMIRAL PEST CONTROL Roaches, Ants, Spicterj, etc COMMERCIAL a RESIDENTIAL,. 442-7298 j^.i^^v^am^r^s^^^^so FRIDAY NIGHT AND SATURDAY SPECIALS! REGISTER IN OUR CREDIT DEPARTMENT SATURDAY FOR A $10.00 GIFT CERTIFICATE TO BE GIVEN AWAY EACH HOUR ON THE HOUR! YOU DO NOT HAVE TO BE PRESENT TO WIN! Save! Big Selection of Odds 'n Ends 50% polyester, 50% cotton. Assorted checks, florals, solids. Colors blue, pink, greens, mulli. light irregulars. Famous Maker Sheets Cases I Better Bath and Hand Towels ·*· *»^"-»^^ w»^* -- · _,. ,, rl'.Lil.. ; .l__ -J«.i:««ll.i .«*liir»JI Twins Fulls Coses 2/3.00 2/5.00 2 pr. 3.00 UNENS-Second Floor Good selection. Slightly irregular, drastically reduced! Fancies and solids. Blue, pink, yellow, orange. Some 100% cotton terry. Others cotton and polyester velour. Bath Size Hand Towel 25x40 16x27 1.00 2 for 1.00 If Perfect 3.19 If Perfect 1.98 LINENS--Second Floor Long Dresses and T /2 Off Regular Price Orig. $20 to $78 Misses Dresses '/3 and '/a Off Original Price Sleeveless long sleeve 1 . Solids, prints. Some with matching sweaters. Variety of styles, fabrics. 9"'° 51 99 READY-TO-WEAR-First Floor Famous Maker Men's Suits Orig. $125.00 Sleeveless, short sleeve. Long styles, some with jackets. Many styles, colors, fabrics. Orig. $14 to $88 to REAOY-TO-WEAR-First Floor Available in Solid and Plaids. 100% Pure Wool. Broken Sizes. Latest Styles. Wide lapels, Deep-Center Vent. MEN'S DEPT.-First Floor 69 97 Ladies' Summer Shells Special Buy White and pastels. Sleeveless and short sleeve styles. Perfect for slacks or pant suits. LADIES' SPORTWEAR-First Floor 97 Men's Sport Coats Orig. $60.00 and $65.00 Solids, plaids, and stripes. 100% polyester. Wide lapel, twin vent and center vent, models. Broken sizes. MEN'S DEPT.-First Floor 46 37 Famous Brand Sportswear Now T /3 Off Original Price Orig. $10--$45 Perfect gift for Mother's Day. --^ ^ _ Colors: Poppy, blue, white. M* ^ j Sizes: 8-20 (not all sizes in · · H LADIES' SPORTWEAR--First Floor all styles) Polyester Pant Suits Values to $25.00 Ideal Mother's Day Gifts. Short sleeve and long sleeve styles. 2 piece and 3- piece suits. Washable polyester. 13 99 45-Piece Set Melamine Dinnerware Orig. $19.99 10 LADIES' SPORTWEAR-first Floor Select Group of Wall Mirrors Orig. $40.00 Decorative yet practical. 5 styles to to choose from. Gold, simulated wood finish. GIFTS--Second Floor 99 the ml/ coordinates for juniors . . . Cotton and polyester coordinates for all of summer 1 * action past- times. The "Red Eye" knows how to pleas* this critical age group. White, pink, red, green in sizes Small, Medium, Large. 5 to 13. A. Fry Front Pull Up Short ............................. $* B. Rib Halter Top with Elastic Lac* Trim ................ $* C. Solid Pant with Elastic Waist .................... . . .$16 D. Embroidered T-Shirt .................................. $11 Junior Sportswear -- DILLARD'S -- Second Floor Open Monday Thru Saturday Nights Until 9 Melcor Electronic Calculator Model 380 Orig. $79.95 AC/DC Operation. Features Floating decimal, Memory, Percentage. STATIONERY-First Roor 00 Dishwasher Safe. 4 patterns to choose from. Complete Service for 8. HOUSEWARES^Second Floor Decorative Modern Wall Plaque Orig. $5.59 For that professional touch to your De^ cor. Ready to hang -- no framing necessary. 22'/ 2 x28'/S. STATIONERY--First Floor 00 Book and Hobby Magnifying Glass Orig. $2.50 to $10.00 For fast easy reading. Perfect for Dad's Reading or Hobby. Some with built-in lighting. STATIONERY-First Floor Price Plymouth Harley Lamps Orig. $15.99 to $18.99 Style No. 5422 Modern Wood and Metal Construction. Style No. 2755 Antique Brass Finish. Each with 3-way light socket. GIFTS-Second Floor 12 99 Ladies' Casual Shoes Orig. $13.00 Crepe Soles -- Rrowsabout. Soft Patents. Red, Navy, Black, Brown. SHOES-Firtt Floor 7 90 Magnalite 10-Piece Cookware Set Orig. $59.95 Heavy cast aluminum. For regular or gourmet cooking. Aluminum finish and phenolic handles. 39 00 HOUSEWARES-Second Floor Men's Golf Shoes Orig. $25.00 Wipe Clean Finish. C * D Widths. White, black/whit*, and red/white/blue. SHOfS-First Floor 17 90 GREAT BUYS FOR MOM, THE FAMILY AND HOME! SHOP TONIGHT TIL 9 P.M.! SUPER SAVINGS

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