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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Jul 16, 1954
Page
8
The Wall Street Journal notes intensifying retail competition across New York Chicago and Detroit. Merchants advertise bargains offer prizes and premiums and push attractive service to lure customers as they strive to outdo rivals, boosting living standards through aggressive mass distribution.
Newsweek notes rising public participation in stocks with 42 days of 2,000,000 shares traded so far this year versus 23 in all of 1953. Middle income savers increasingly invest in securities, aided by an installment plan from as low as 40 dollars per month. President Eisenhower backs policies to boost saving and investment for America’s prosperity.
A two inch note from Sacramento notes Central Valley Project power delivery to Sacramento Municipal Utility District begins July 1. The piece argues tax exempt federal power projects shift tax costs to others, noting PG&E paid 97 million in taxes in 1953 while Central Valley’s $4 million business would have paid about 400 thousand. It urges ending tax exemption for government operated industries to level competition.
Greensboro Battened by a flood of weekend visitors and picnics at Riverview Beach. Residents hosted relatives from Lewes Paoli Baltimore and Wilmington and attended anniversaries and church gatherings. The community noted hospital stays a funeral guest list and three Nashold brothers enlisting in military service.
The Thornton Family expresses gratitude to neighbors business people pall-bearers ministers relatives the Volunteer Fire Co of Greensboro and all friends of Mary del and Greensboro who helped during the loss of husband and father Wallace Thornton Your kindnesses will never be forgotten.
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