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Show i i Washington sss it 1 and SMALL jfpigrf I BUSINESS Mm Facts Based on Fantasies It is interesting that the U.S. The Consumer Price Index Department of Labor is now on which increases in these recognizing some of its data is payments is based currently subject to wholesale error. only reflects data from 55 per cent of the population all lo-And lo-And so, it is rushing to recti- cated in urban areas, and thus fy this error in one area. In reflects the higher prices that fact, it is rushing so much that prevail in these areas. by July 1, 1977, it is planned to have a more accurate meas- Thus, as far as an index of urement of the Consumer Price the nation as a whole, the fig- Index ures are quite erroneous, and result by the same token in er-By er-By that time, some three roneous wage levels. years hence, it expects to be able to set up the Consumer But the most Interesting as- Price Index, ' or CPI, on the pect of this situation is that experience of 80 per cent of for the next three years these the people instead of the pres- increases will be granted on ent 55 per cent. figures that the Labor De. partment has already acknowl-Furthermore, acknowl-Furthermore, while the pres- edged are not representative ent 55 per cent Is taken from of the country as a whole, the urban areas, the new index will include some rural non- Thus, it appears quite likely farm consumers. that for the next three years inflation will be further fan-The fan-The significance of this deci- ned by wage and pension in- sion can be largely overlooked creases based on false infor- unless it is understood that the mation. CPI figures are now used in computing automatic raises for While it is ridiculous that it more than 5 million workers lias taken until now for the covered under union contracts Labor Department to acknowl- calling for wage increases as edge the error of its data, it is the CPI goes up, as well as even more ridiculous that it payments to 29 million Social will take over three years to Security recipients, 2 million correct the fallacies,' especially retired military and Federal as during these years millions service employees and 600,000 will receive more money based postal workers. on erroneous data. National Federation of Independent Businesr CHECK OUR V jfJrhu BHn MWiitM8& FIBERGLASS BELTED P- FORTY-TWO.mWHITEW ALL'S ifmmA 6 plies V" J excellent ride Mii SW 1 1 Q 95 Sue I Sut Ret Price I Silt Price' I F.C.T1 Se ju jtjPriceJ Sale Price" F E T 8 II ' I F78 15 1.1' 99 33 88 uY 2 fj tJf Q i E7814 34 85 31.90 224 G8 15 39 51 35 88 2 63 F7814 J6 44 33.88 2 41 H78 15 4108 36.88 ? 82 G78 14 3? 37 35.88 2 55 J78 15 42 63 38 30 2 99 f''8 '' H'814 40 35 37 88 27 1 1 178-15 45 01 1 3V 88 J jjjj pins 2 ?2 li'dri.ii f vi'.p Ta. nar-h A., I I ; KM SS' RADIAL i i RiVvv-v3 i i&P ZiM lt A radial for small and foreign cars I li Im ' fM R -Longmton, I I SiSii i! Quick response and positive 5"') ';'; 1 MRi4! V control tread dosign I ! I Ofe Radial tire traction and resistance I wmWJ Mfor I '4mm as low as U j ! 101 951 ' Is"' 1 s"8 8el Prl" Salt Price f.lT j Sue Sue Ret PnceTSale Price IFET1 JX. j) JL fl ' 155RI3 "34.45" si 60" '(,bU 37.8fl ITsT M I I 165R 13 36 14 1 78 155R 15 - 36 90 jgj 155R 3 I umm 36 90 LliiI M 37.50 lilzJ ,-, , 1 I ' All. r " " V ! M ' TUNE-UP SPECIAL 1 SHOCK -- . I ABSORBERS, I Specifically engineered to Jrjf V I' """""'.'.'" 'l y ' Vmmar)i 1 exceed original equipment r Qs? ' 't" !?..-'Jl) jl TiTjjrm' ' I manufacturer's specifications rJf jfiiy ' 'S"i",fT25?l-r 41 I Mirror finish piston and Jjf SS I Welded steel construction jp I Two phase valvmg for A 'l ' MilRa9e makpr '-'ne P hv our trained steady holding power AyW I chan.cs I and damping J(7JV'V I I Includes new phj'r,. points, labor, PCV valve. I Cn ' condenser, rotor, adust timing, adust j 0y SL I ! carburetor, cbw.k gpnwator. and voltage 1 1 II S'W' I I '""Z 35.00 I iU" Wpy ! I SPECIAL 00 88 j THIS WEEK 0. included 1C-' C j e j I Alt) O j f-ir 8 rylinfior cars -rrnTtTlT--n-rTr n TTi rwrrrrrrrr TTn (4) CHECK YOUR CHARGE IT S7d PARTICIPATING WliZT Trh i American DEALER i SAil IMS JULY i 1974 T Tn " "'.".".". J J 1 ';' Amoco Oil Company 1 . jrf SAVE up to '20 ! ; j on a pair of j . 'USin 00tS i JOLLEY'S Cedar City, Utah j INVITES YOl'R BID ON THE FOLLOWING : LAND FOR SALE 0.50 Acre, more or less, zones R-3, located on the south side of 400 North Street where it dead-ends on the east side of 1-15, Cedar City, Iron County, Utah. Minimum Acceptable Bid: $4,400.00 The State Road Commission makes no representation as to title or boundary lines. Title is passed by the State through Quit Claim Deed. Parcels are sold subject to State restrictions controlling outdoor advertising and open storage. The deed of conveyance will be recorded by the State. For further information or inspection, call District Five office. Cedar City, 586-4491 or Property Management, Utah State Department of Highways, Salt Lake City, 328-5091. Bid forms will be available at both offices. Bids will be received until 10:30a.m. June 19, 1974. A cashier's or certified check in the amount of 10 percert must be furnished as a deposit with all bids. J. DOUGLAS CHRISTI ANSEN PURCHASING AGENT |