Show r 9 8A Standard-Examin- Wednesaay June 4 1980 er CARTER URGES RESTRAINT US Feels Recession fitogrytSSit United Press International Two prominent economists predict the unemployment rate will ssssSS ''y ' ' ' ' tyv 'f r A £ :&v ' reach 85 percent before the economy begins to recover from the recession slowly next year and the inflation rate will drop to only about 9 percent Meanwhile President Carter urged food processing firms Tuesday to continue their price re-to straints and asked the industry use extreme caution and moderation in passing along price increases to consumers later this ¥ ' ' A" ' s 'j r yi'' ys'Zry ""'S - s s v" V ffi & & "0k- ' z? XH' -X1 x- f A" - 35 iniii 4? 1 r" : ' -I '- - Au ' '' V Zh Sr ViV - 1v'v V(VXX'" year The US House approved and sent to the Senate legislation allowing businesses to give discounts of more than 5 percent on items purchased with cash Kathryn M Eickhoff vice president of the economic analysis firm and of Townsend-Greenspa- n CRUSTY VETERAN klansman Howard Hileman congratulates California Ku Klux Klan leader Tom Metzger on his victory in the Democratic Primary election in the nation’s most populus congressional district UPI Telephoto Lawrence Chimerine chief economist at the forecasting firm of Chase Econometrics Tuesday told the National Economist Club in Washington they believe a serious recession is shaping up But they said the sharp drops in economic figures in recent weeks do not indicate a downturn as sethe worst decline vere as 1974-7- 5 since the Great Depression Both predicted the inflation-adjuste- d gross national product will decline by 35 to 4 percent from the peak to the trough of the recession compared to a drop of 6 percent in 'White Racist' Wins n California Primary — SAN DIEGO (UPI) Tom Metzger man California’s top in the Ku Klux Klan captured a Democratic nomination to run for Congress and it a vic proclaimed the white tory for man working being out minor- American Jewish Asian-America- n media coverage made an unusual percent of and 1 10 6 percent percent black Metzger who spent only about $5000 on the campaign but re- pledge resigning “within 90 days of my being appointed to office if I can’t abolish all affirmative action ceived widespread laws” 1974-7- 5 M Chimerine expects unemploy- ment to reach 85 percent compared to 9 percent last time But Ms Eickhoff said recovery from the recession starting next year is likely to be “labored” and Chimerine expects it to be “extremely slow” Among the reasons for this slow recovery according to Chimerine: Purchasing power will recover slowly as wages and inflation rise at nearly the same rates “The prudent thing to plan for is a very modest recovery for at least the next couple of years” Chimerine said Thurs Only!!! 12 to 6 Everything GOES!!! BUNKBEDS TWIN SETS 8995 $75-- $l FULL SETS 159 Mattress & QUEEN SETS $Tj 59 CAPTAIN BEDS ©995 Both economists said rising wages and labor costs will make it hard to reduce inflation below the 9 !5-$1- Board 3995 Bunky $6995 to 10 percent range for some time Both also expect that — despite administration denials — rising unemployment will bring enactment of a tax cut in the next few months Carter told a group of food industry officials at the White House: “We are faced in the last portion of the year with the liklihood of an increase in prices in farming My hope is that in the last half of this year you will exercise extreme caution and moderation in keeping down the price to the consumers” On Capitol Hill the House passed a bill allowing discounts for cash purchases now limited to a maximum of 5 percent The bill now goes to the Senate crowded by ity immigrants “This is a skirmish we fought today The war has yet to be won” said Metzger a self-proclaim- ed “white racist” upon capturing the nomination Tuesday night in the nation’s most populous congressional district in a close race Unofficial but complete returns showed Metzger won over his nearest rival by a mere 318 votes “I’m celebrating by planning my attack on the incumbent’’ Metzger said during a victory celeblow-ke- y Yarn Cam wfittfla Bfonsne StscimirnlLy Pirndhiactts ration attended bye five security guards “We have an incumbent who has recently voted to bring 320000 more refugees into the United States I feel A Home Protection Sends signal activates alarm who is sending this many people into the working man’s neighborhood has lost touch with the people” Metzger a television repairman from Fallbrook Calif will battery included Model SA78RF Dual ionization chamber test button LED audible alarm 9V battery included ' 3662-005- Window mount Signal activates alarm 9V battery included 3662-995- When you’re away on business or vacation provide total protection for your home and family with the First Alert Family Protection System Whether it’s fire smoke or home invasion the First Alert System with optional accessoiies will allow you to rest easy wherever you are and know that your loved ones base unit and property are safe This (BA5000) allows wireless monitoring of items A thru F Base unit includes one door window intrusion devise Angeles south to the Mexican border and east to Arizona The 43rd is about 16 multi-chann- Mexican- - Demise of Car Industry Predicted — 3662-004- 2 C Home Protection Remote Signal Transmitter Model BAS 103 First Alert Family Protection System Model BA5000 g DETROIT (UPI) Imports could capture up to 60 percent of the US car market in the 67 Smoke Alarm from Orange County near Los percent 4 D Home Protection Remote Siren Model BA5200 Sounds loud alarm 3662-007- 8 E Home Protection Remote Signal Transmitter Model BA5100 el Doorwindow mount Signal activatesA alarm battery included 3662-006- 0 5 F Window Contacts Model BA5300 3662-994- $47 7 i next few years and domestic auto manufacturing may disappear within 15 years a Harvard University professor says Business professor William J Abernathy said the Tuesday automakAmerican ers could follow in the footsteps of the television and textile indus- Sunbeam “Centurion” Fire Smoke Detector First Alert Smoke First Alert Ionization Escape Ught Dual ionization Model SA76RC Model 45-3- 1 cheap labor battery included Dual ionization chamber test button Detects invisible smoke Ionization chamber Test button Low battery signal to fectly reasonable indus- 3662-002- 4036-011- Mail-I- n Detector Model SA120 tries which moved over- manufacturing seas in search of “It expect the auto over try to disappear 5 the next years” American car mar- ket In April imports accounted for 27 percent of domestic car sales and analysts said the rate would likely have been higher except for shortages of some imported cars Rebate 3662-003- 7 $2496 -- 9 800 a©88 Final 10-1- ports could capture up to 60 percent of the Smoke Detector LED electronic horn 9V would be per- Abernathy told the Detroit Free Press In the next few years he added im- 9V 6 B Home Protection in- extend-in- d JyL cludes portions of San Diego and Riverside County and all of Im- perial County 3662-008- $-0- face Republican Rep Clair Burgener in the November election for the seat in the sprawling 43rd District with 1 million residents Burgener was unchallenged in the GOP primary in his bid for fifth term and is heavily favored to defeat Metzger in the general election district Hand-Hel- Emergency Transmitter Model BA5102 that an incumbent The LsiHelles ffiroDinni Mail-I- n $1497 Rebate Final Cost 7 -- 500 Intermatic Cordless Timer 24-Ho- ur Multi-operatio- 1875 watts n 37540119 $®34 ?97 $®)97 The best things happen at Sale prices good through June 9 1980 We reserve the right to limit quantities sold at these special prices OGDEN 4119 Riverdale (801)621-070- Rd 0 in Riverside Center MURRAY 6000 S State St PROVO 1400 N State St (801)266-424- (801) 2 373-090- 0 DIAL TELELABELLE Phone your favorite showroom & have your order waiting for you SHOWROOM HOURS: Weekdays: 10—9 Saturday: 10—6 Sunday: 11—5 Provo showroom not open Sunday catalog showrooms wm 9V |