THAN ANY OTHER PAPER! House Costs Drop; Inflation Just 4.4% M 2 WASHINGTON (Upl) - a — Consumer Price Index-] Prices

I .■ i [ Spin verdict for courthouse... page 13 Partly cloudy, Manchester,' Conn. The Manchester Herald Brings You cold Wednesday Tues., Nov. 24, 1981 — See page 2 25 Cents MORE MANCHESTER NEWS I * THAN ANY OTHER PAPER! House costs drop; inflation just 4.4% m 2 WASHINGTON (UPl) - A — Consumer Price Index-] prices. Used car prices shot up 3.1 Still Only 20o Per Copy! dramatic drop in housing prices -r Gauge meaeuring chartgea in retail percent, the fifth straight month of described by one economist , as of pricee - eeaeonaliy adjuated 280r substantial increases. 1930s magnitude —helped hold infla Goods costing Decreases in the prices of fuel oil Home Delivered tion in October to just 4.4 percent at $100 in 1967 . and electricity were partially offset an annual rate, the government now cost by an increase in the cost of natural $279.90_____ reported today. 270 gas. vt. The Labor Department said its New car prices showed up in the Consumer Price Index rose 0.4 per index for the first time and dropped 4 cent overall for the month after 0.3 percent, a result of introductory seasonal adjustment — just one- rebate promotions necessary third of September's monthly in 260 because of generally sagging sales. crease and the smallest rise in over Public transportation showed a a year. The projected annual rate half percent increase, the depart for September was 14.8 percent. ment said. The average price of a house fell 250 Index UP 0 4K> in A moderate increase in clothing 0.7 percent ip October, the depart October rising at an prices was another factor helping ment said — a sharp turnaround annual rate of 4.4% keep the total index in the low from a long’ history of steady in range, going up only 0,2 percent for creases. Home financing costs also 240 a iu im i the month. went down 0.1 percent. ON D JFMAMJJASO More typical of past perforrnance Housing costs overall, which had 1980 1981 were strong increases in medical risen by more than 1 percent a care, up 1.0 percent and an 0.8 per Herald photos by Cody month for the past five months, The annual rate of consumer infla cent rise in entertainment costs. A showed no change for October. tion was over 10 percent from July catch-all category bunching “We have a deflation in prices of through September after being together. everything else also rose Manchester Director Peter P. DlRosa Jr. or the 1st District congressional seat, while homes of a magnitude we have not 0.8 percent. .state Rep. Walter H. Joyner, R-Manchester, below the double-digit level from (left) seconds the nomination of former Hart seen since the 1930s,” said Michael January through June with only one ■ Cigarette prices were up 1.7 per \L ford Mayor Ann Uccello at Monday’s con seconds state Rep. J. Peter Fusscas, R- Sumichrast, chief economist for the exception, February. ^ cent for the month and a sharp 1.5 vention to nominate a Republican candidate Marlbprough. housing industry’s major trade Food prices also moderated, percent increase in bank service group, the National Association of rising only 0.2 percent for the charges sent the index for personal Home Builders. month, the lowest rate of increase expenses up. “If 1 wanted to sell my house I ob since June. The deceleration was The Consumer Price Index for Oc viously couldn’t get as much as a due largely to a sharp decline in tober rose to 279.9, which means it year ago,” Sumichrast said, adding prices for fresh fruits and cost $279.90 to buy the government’s N Howe ready to face that for potential homebuyers with sample "market,basket" of goods vegetables, and smaller increases enough cash to negotiate, the next for meats, poultry, fish and eggs, and services which cost $100 in 1%7. year could provide .the best deal the Labor Department said. An experimental consumer price they’ll ever find. , Transportation costs went up 1.2 measure based on rent costs instead I would like to subscribe to the Manchester Herald. High interest rates, he said, have percent for the month, helped up by of home ownership costs went up 0.7 Uccello in primary helped generate the surplus which an identical increase in gasoline percent for the month to 253.9. has driven down prices. N a m e ___ The Labor Department’s annual projection of the Consumer Price By Paul Hendrie Republicans have held the seat for Address .. just two years since 1949. Index figure, at 4,4 percent, was the 0 and Richard Cody lowest since July 1980, a period Tel....... .............................. Apt. Fusscas blames Mrs. Kennelly, the daughter of the Prime rate down Herald Reporters late state,and national Democratic when mortgage interest rate shifts produced a 1 percent annual rate of WEST HARTFORD — Colleen right for defeat Chairman John Bailey, pledged to NEW YORK (UPI) - Chase only 0.4 percent, down from the 1.2. Howe stopped just short Monday work hard to win the speciai elec increase widely regarded as, a — See page 18 statistical aberration. Manhattan, the nation’s third percent reported in September. Send To... Manchester Herald night of confirtiiing that she will tion. largest bank, lowered its prime len A few banks already had lowered challenge Ann Uccello in a Dec. IS ‘rn be out early, I’ll be out ofteA, . Senior Commerce Department economist Theodore Torda called ding rate to blue-ribbon corporate their"prime rate to 16 percent in the 1 Herald Square primary for the Repubiican 1st I’ll seek Christmas shoppers,’’ she borrowers to 15“4 percent from I6V2 past two weeks as loan demand at Hartford’s Bulkeley High School, said. “To me, the most important the October figure deceptively low, V District congressional nomination, Manchester, CT 06040 saying it was not indicative of the percent, putting the key charge at slowed, other short-term’ rates but while surrounded by cheers and where Democrats nominated thing is to let people know there is its lowest level in a year. declined and the recession congratulations from her ranks on Secretary of State Barbara B. an election.” underlying rate of inflation, as measured by the increase in unit deepened. Prior to Tuesday, the obtaining enough votes to primary, Kennelly to run in the Jan. 12 special While Miss Uccello won the first- Citibank, second largest bank in- prime rate ranged from 16 to I6V2 she left no doubt about her inten election. ballot Republican endorsement, as labor costs. „ the country, lowered its prime rate “That underlying inflation rate, percent. j tions. The seat was vacated Se'pt. 8 when she had predicted, she fell short of a half point to i6 percent. The Chase reduction put the prime “I am going to do whatever it Rep. William R. Cotter, a the more than 70 delegates she we think, is still in the range of 8 to 9 percent, so that this latest reading The actions by the two large finan at its lowest level since it hit 15'/i takes to win,” the Glastonbury Democrat, died of cancer. claimed to have on Her side before cial instjjutions coincided with the percent on Nov. 6, 1980, when rates woman said. "I will primary if Mrs. Kennelly won by, acclama the convention. on the Consumer Price Index is probably an aberration on the low Labor Department's report that Oc were on their way up to near-record necessary.” tion of the 249 delegates at the Other contenders for the nomina tober consumer prices increased levels. Former Hartford Mayor Ann carefully orchestrated convention. tion, besides Mrs. Howe, were state side,” he said. Uccello took 65 delegate votes at She was nominated by Manchester Rep. J. Peter Fusscas, R-55th Monday’s Republican convention — Democratic Town Chairman District, state NAACP president including 11 of Manchester’s 13 Theodore R. Cummings, who won and 1978 nominee Ben Andrews 1976 votes —■ to leave West Hartford’s loud applause when he said Mrs. nominee Lucien DiFazio. Color hod no role in hiring, Conard High School with a narrow Kennelly’s election would “slow the Manchester’s delegation was one first-ballot nomination. It required rush toward what has been of the keys to Miss Uccello’s con 63 votes to win. described as the most ignoble and vention endorsement. Of the 13 But Mrs. Howe’s surprisingly meanest Republican administration Manchester delegates, 11 voted for new senior center head soys strong Showing gave her 29 votes, of the 20th Century.” Miss Uccello. four more than needed to force a Cummings invoked the tradition Miss Uccello also swept the 25 primary. of Democratic 1st District con West Hartford delegates. By Scot French creativity. ”1 like to be creative. ’Things were more clear-cut over gressmen, pointing out that the One of the Manchester delegates, I’m a planner. ! also like to be Marion Taggart, voted for Fusscas Herald Reporter resourceful ” while another, state Sen. Carl A. Jeanette Cave seems taken aback She concedes, however, that as Zinsser, voted for Mrs. Howe. one of only three minorities out of Zinsser was one of the first area by all the attention being lavished upon her by the media. more than 400 town employees, a politicians to back Mrs. Howe. greater degree of attention will be Peter P. DiRosa Jr., minority . The new director of the Manchester’s Senior Citizen Center given to her work. leader on the Manchester Board of Tm sure there will be pressures Directors, gave the seconding believes that while the town has expressed desire to hire more ' in a shorter period of time than if a 2 speech for Miss Uccello.

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