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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 03, 1981
Page
18
Millard Bolyard, general manager of the 1-70 Truck City, describes a new traffic monitoring and security system that tracks when trucks are at the gas island, being filled, and serviced. Installed loops and an intercom cut losses from theft, costing about $5,000 to build and saving about $10,000 yearly when gas was 57 cents.
Millard Bolyard general manager of I-78 Truck City Frederick has patented a traffic monitoring system for fueling islands. The setup records usage per island with intercoms alarms and lights and a main counter bank. He and partner Yost own the patents and seek a national manufacturer to market the idea amid marketing hurdles.
New York reports the Dow Jones average dropped 6.47 to 959.19 on a moderate trading day before Independence Day weekend. Banks Chase Manhattan and First National raised prime lending from 20 to 20 1/2 percent, while bond prices rose. Trading volume was 45.10 million shares. S&P indices fell, NASDAQ down 1.83, reflecting broad market weakness and higher rates.
Washington AP report says leaders of the air traffic controllers union urged members to overwhelmingly reject a tentative contract that averted a nationwide strike. Ratification ballots will be mailed but voting completes by month end. no timetable for new talks is set. If rejected, bargaining would return to the Reagan administration amid a $40 million offer.
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