“linseed 01,

The old Id slogan Was "Buy now!

“on fpay later’, Today, ils ‘Buy *
NOW + save “later”

van reality,
*. this is nol a slogan. "Nor ia it a”
. fact. B But it could be a very goad
L.

» being fe
costs. of the manufacturers,

‘Aceofding t to the fourth
edition of the: Canadian -Con-.
sumer’ Credit : Factbook,’, the
price of consumer durable
‘goods has: so far been the least:
affected: by: the “Inflation we
have been experiencing. -Bet-
ween 1987 “and 1973, “duredle
goods’ prices have advanced by
only -8.3\ per cent. Compare :

that ‘with “the -semi-durable « :

goods’ price increase af 16.8 per
cent, the; non-durable : goods'
price change of 33.4 ‘percent, ;
and even bigger price change of °
39,2 per: cent. ‘for consumer

services.

Bul those. data Sh are:
deser|ptive : of what happened.
up. to 197, :

“there. is. a “strong, “bvidence
that cost-conscious. Canadians
ought:(o buy consumer durable:
-goads nowrather, than in ayear
- or lwo. The Price hikein raw
materlals that is already in the”

“ gost pipeline has now: not “yal

‘been passed on lo consumers,
Butt: is coming - slowly, but.
Surely. re

_ “the Fastbook ts published by Ly
the ‘Canadian Consumer Loan
‘Association and the Federated
* Council: of Sales: Finance
. Companies. :

the . due? to future. “price
changes. in‘ consumer durable
- goods” is contained ‘within ‘the -

price index of 30 basic industrial -

raw’, materials.“ Contained -
-withia the: index. ‘ate. such.
malerials. as’ are; traded» on

| world markets and about which

“Canadians ‘manufacturers can

.. doclittle. about. The 30: basic
“os industrial commodities ‘in the

“index contain. such items .as
raw’ rubber, beef

hides, © iron - ore, . unbleached

pulp, stee] bars, sheets, and :

= Funeral
Home
Pane 635-2448

. Terrace, B.C.
> Serving Kitimat

|LAWN ,
bar

barg ain
for years And Now} —_

with exclusive .

quarter. of-1974 the price Index

of. these “basic. materials has

increased ‘by. 08.3 -per . cent.
These price hikes are just now
‘ed .into: the production

and, together with other cost
increases: for wages.” and
borrowed *- : eapital,:

: The: general wholesale price
index has - already - begun to
show the effects of earlier rises
in the industrial rdw-materials

iprice index.’ Since: :1967, . the
general. wholesale: price. index’

has increased 64,8. per cent to

‘1967, and it- ‘appears clear that

“the Fecent rises, in the warld

“prices * of: basic’ .commotiilies ~

. have not yet seeped through in
(Heir entirety into the prices of”

~ the durable goods people buy...
*. Raw ‘materlal.prieés

started “ to rise. in*1972. ‘That
year. prices. rose by. 42 per cent.

‘But the real increase. came in-

1973 when prices rose by 29 per

cent. But the Increase for:the’

first three manths of 1974 was 4

per cent.”

By ‘way. of contrast. the

“wholesale price index rose by

Jess than 3 per cent in 1972-
During 1873, it. began ta catch

-up.with a-21.per cent increase

and so far in 1974 there has been

‘serep, and of course. ‘crude ail!
Between 1967 and the’ firat

will

ultimately . have ‘to be passed .°
* along -in the form of increases
‘in’ wholesale’ . prices and
“ sonumer prices.

the end: of the fourth quarter,
a 1974; oe ‘
Stn’ contrast, the: consumer .
: prize: index for all-items:has-- :
advanced only 38 per cent since

“a 'lb per ent iprice rise,
Changes © in:

far behind wilh a $ per cent 2972,
and 8 per cent price increase in

1973 and a 6 per cent price in-

crease to the:end of the fourth
quarter of, this year.

Unless:
remarkable ‘happens the con-

sumer price index Has a lot of

catching up to..do.!

if this- analysis holds. true,
durable goods will. be more
expensive in.the future.’ Even if
the prices of raw materiala stay
at thelr current levels, forward

‘looking Canadians will buy their °
. durable goods now. at today’s

prices. -

CANADIAN PRICE INDEXES
yeorly, evtreges te find quarter 174

consumer
wholesale

industrial
materials

The price of raw materials in this

country has shy=racketed. Forword

+lecking Canadions will buy dur-
able goods now: rather then: ina
year or two, * _ -

New and Used
Vehicles —
. Give Stu A Call
At Reum' Motors |
Days - 635-4941
Nights - 635-4293

Terrace Equipment Sales’

. Votre! Centre, Recreatif Estival
Your Summer Recreational Centre .

a | Mid-Summer

‘Sale At.

- “finger-tip starting

> “and new

‘satety
features:

6 DISCOUNT

the .consumer -
- price index ‘have been lagging

something .

For Top Quality:

SUNSHINE COACH. NO. 18 8 put o on the road by Tent 47, the
Variety Club of Western Canada, was presented to the Lazelle Pre-
School Committee in Terrace, B. 'C. It is the second such coach for

the Lazelle group, which keeps the vehicles busy lransporting
youngsters to and from places 0 of rehabilita tion. Here Chuck Finch,

right, Variety Club's Sunshine Coach Chairman, presents keys to

Sam Travers, Terrace,
Committee. Variety Club raises the bulk of its funds for this kind of
work through its annual B.C. TV Telethon. (Jack Lindsay Photo), ;

1984 comet é cyl. auto (re)

_ SUNDAY. SEPTEMBER Ast_

THE HERALD, Wednesday, August 28, 1974, PAGE

Chairman of the Lazelle Pre-School

|e aces 40}:

until 5 pm. & took over our stock

of Toiloo Trailor & Mobile home
_ accessories & parts.

ma

Copper Mountai

635- 4373

Open Monday to Sat. 9 am, to 8 pam.

~ Drop in to ‘the store from 11 am.

Enterprises” Ltd.

1049 Hwy. 16 Eest Terrace, B.C.

a Ford V8 =

Automatic, trans

- Volkswagon -
“Bucket Seats

Volks Wage.
rear end».

4

-Opon Sunday 12 Noon to § pat