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Newspaper
Linton Daily Citizen
Location
Linton, Indiana, United States of America
Date
Jun 30, 1959
Page
6
The government reports that sales by food chain stores rose over ten years, outpacing other retail food stores with a 72 percent gain. In 1957 the four largest chains A and P Safeway Kroger and American Stores accounted for nearly 20 percent of all retail food sales, a position they held consistently.
The FTC released an interim report covering a 10 year period on economic concentration in the food industry. The study began last October after complaints about power concentration, collusive price actions, and competitive methods. Two House committees are examining the rise of food chain power.
UPI reports Agriculture Department economists calculating weekly feed costs for a 16-year-old boy at about 11.50 dollars, versus 4.50 dollars for a three-year-old, and 8.50 dollars for a 75-year-old man. Food costs run about 33 percent higher for a 16-year-old boy than for a girl of the same age.
Kiwanis Club meets at Glen burn Community Frouse at 6 30 p m. Quapaw Council No 80 Poca hontas meets at Red Men’s hall at 7 30 p m. Loyal Order of Moose No 1434 meets at Moose home at 7 30 p m. Craft club at Masonic Temple 7 00 p m. Fagles Lodge at 7 00 p m. Elks Lodge at 7 30 p m. Unity Lodge No 637 1L0 C F meets at hall 7 30 p m. Rotary club at Klus meeter’s at 12 00 noon. E U B Church Choir practice Junior 3 30 p m Senior 8 00 p m.
Hollywood star Vera Miles says she will shave her hair for the film The Five Women alongside Gina Lollobrigida, playing Yugoslavian women allied with German officers. Filming in Rome and Yugoslavia begins soon, with wigs worn during most of the 13 week shoot.
The speaker argues beauty is skin deep reminding readers that performance matters more than appearance. They cite Jimmy Durante as an example of inner beauty, and claim the public remembers talent long after looks fade.
Joe Louis boxed in 27 of 101 recognized heavyweight championship bouts since 1882. He won 26 and lost only to Ezzard Charles in a 1950 comeback bid.
U S shoppers boosted purchases 6 to 10 percent from a year earlier in the first week, aided by Father’s Day timing. Treasury plans to issue two short term bonds totaling five billion dollars. F W Dodge shows May building contracts eased from April but up 4 percent year over year. May shipments of steel forgings fell 5 percent from April yet rose 63 percent from May 1958.
Day tax anticipation bills will be auctioned on July 1 with two billion dollars of one year bills set for auction on July 8.
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