Northwest Arkansas Times from Fayetteville, Arkansas on May 31, 1974 · Page 36
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 36

Fayetteville, Arkansas
Issue Date:
Friday, May 31, 1974
Page 36
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Page 36 article text (OCR)

tasiu Tradon Now On The Mattel NEW ORLEANS, La. (AP) -A spokesman for an importing 'irm said here Thursday that about 400 Russian made tractors have been brought in for sale in the United States, but he knows nothing about a rumored attempt to get American farmland to demonstrate the vehicles., Satra Bellarus, Inc., is im porting the farm machines. The spokesman said the vehicles would pose no threat to the American economy since tractors are in short supply here. Capt. Henry Joffery, assist- ant commissioner for the Port of New Orleans, said during a speech at Tulsa, Ok la.; last week that. he had heard that the Russian* were trying to buy American farm acreage, possi- Ay in Arkansas, as a demonstration site.. He said Thursday that he was merely usinf the rumor to illustrate how -foreign trade can boost, the economy of inland area*. Since that time, Jeftcry said he has had several telephone calls, including some from Arkansans. wanting to sell land for the demonstration. The spokesman for Satra Bel- larus said they also have heard the rumor, but know nothing further about it. Whirlpool Moves Production To Slate BENTON HARBOR, Mich. (AP) P -- A spokesman 'or Whirlpool Corp. said Thursday that the firm will shirt a line of icemakers and t»-ctibic-foot refrigerators from its' Evansvule, Ind., plant, where a strike has halted production, to a Fort Smith. Ark., plant. The spokesman said Whirlpool also will move a line ot air conditioning units to a plant at Marion. Ohio. Company officials estimated that 2,600 jobs have been moved from the Evansville plant since the workers' strike began Feb. 18. Nerthwe* ArkamM TIMfS, FrUoy, May 31, 1*74 O Hi PAYITTtVILLC. JUtKAMSAS NEWS WHILE IT IS NEWS IN THE TIMES New Law Building Going Up Completion date Cor the addi- rector of facilities, planning date H.UO.OW. The three-sto- tions to the law school build - IDC at the University of Arkansas is Jan. 21, 1975, according to Minor Wallace, di- and construction. Construc- costs to date have been $1,- 494,m with projects costs In ry addition was designed by Nelson, Laser and Chcyne of Fort Smith. South Hit Hardest By Inflation In MB WASHINGTON (AP) -- In rt unexpected shift of tradi- ional p a t t e r n s . South- trrters felt inflation more than Americans in any .other region / the country last year. A study by the Bureau of Lawr Statistics shows that con- timer prices increased even nore in the South than in the wpiilous Northeast, which tra- iitionally experiences t h e harpest rate of inflation. In the South, the Consumer Price Index rose 9.ii per cent in 973. compared with 9 per'cent n the Northeast, 8.6 per cent in he North Central region and .9 per cent in the West. Tor the country as a svholn, jrices rose 8.8 per cent in 1973, ·he worst year since 19-17. Stewart Announces He's For Rainwater DANVILLE, Ark. (AP) late Sen. W. E. "Gene" Rain- rater of Greenwood received he support of David Stewart of Danville Thursday in the emocratic runoff for 3rd Dis- 'rict congressman. Rainwater edged past Slew- irt by about 1,000 votes Tues- lay to get In the runoff with Hll Clinton of Fayetteville who lolled 44 per cent of the vote. The winner will face in- Jtrmbent Republican John Paul iammerschmidt in the Novem wr general election. Although it still costs more to ive in the Northeast than in any other area of the country, ast year was the first time since 1967. when the bureau began keeping regional statistics, .hat prices rose fasler in the South. Grocery, clothing, transportation and health and recreation costs all increased at a sharper rate. This reversal in price trends also showed up in urban areas. For the first time, prices increased at a faster rate in the smaller urban areas than in Uie larger ones, according to , the study. The study was prepared by economists Richard Bahr and Frank Placet and was reported in the Labor Department's Monthly Labor Review. It gave no explanation for the change in price trends. In an interview, Bahr said the results came as a surprise. He suggested that a number of factors could have been responsible, such as · the government's price control program, changes in consumer tastes and regional growth rates. Food prices across the country last year increased at a rate about four times as fast as in 1972, rising 21.3 per cent in the South, 21 per cent in the North Central region, 19.3 per cent in the Northeast ind 18.4 per cent in the West. The government's transportation index for the South rose 1.7 ptrccntage points fas- than the index for I Northeast, reversing the trend since 1967, when the rise in the transportation index in I Northeast exceeded the crease in the South by an average of 1.7 per, cent. WOOD'S TROPICAL FISH 2424 N. College Pho"« 442-9693 Established in Fayetteville 10 Yean SPECIALIZING IN FRESH WATER SALT WATER FISH TERRARIUMS AND FAYETTEVILLE TELEPHONE ANSWERING SERVICE e Commercial · Residential 24-Hour j Service "For Over Seven Years here in '? Fayetreville" "We wont to serve You, too!" For Complete Details 442-9827 YIELDS % If your goal is income.. .now is the time to took at 8% government- guaranteed bonds. How much surplus savings do you have locked up? II it's yielding the usual rates... you might increase your income from that money by 40%, 50% or more! If that sounds good to you... read our new booklet "8 Reasons Why Government-Guaranteed Bonds Make Sense Today." For your tree copy, just call A. G. Edwards or mail the coupon. It might yield a lot more than just interesting tacts about bonds. A.G. Edwards ADDKCSS- env STATE TELEPHONE- Northwest Arkansas P!*a FayettCTiJJe, Art TOM If You Drive Around From Store to Store Looking For Bargains lit YOURSELF THIS! When You Can Shop At One Major Department Store and be ... · Sure of Satisfaction · Service Lowest Prices · Quality and Selection HOW CAN YOU LOSE! There's no way! Thaf s why thousands of Fayetteville and Springdale Area Home Owners make . . . WoolwortK Th«ir one and only weakly One-Trip and one-stop Family Needs Center*. All through 74 watch our ads, watch our windows, watch our shelves. . . . FOR THE BEST BUYS FOR THE ENTIRE FAMILY IN FAYETTEVILLE AND AREA. 2 STORES TO SERVE YOU. * *

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