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Newspaper
Snyder Daily News
Location
Snyder, Texas, United States of America
Date
Jun 05, 1978
Page
2
Los Angeles faces a costly bid for the 1984 Games with IOC control and rising expenses. Montreal's 1976 games overran budgets, costing $1.5 billion and leaving a $1 billion deficit. Delegates are urged to secure a prudent, contractually bound budget and avoid lavish promises.
An Economics Department McGraw-Hill report predicts about 14 percent of 1981 sales will come from new or substantially changed products. Firms plan $34.5 billion in outlays, with 33 percent for new product development, pushing total new product market to around $269.6 billion by year end. Unexpected innovations are seen as profitable for some market players.
A broad townscape of local notes appears with business openings closures and social items. Anita Clinkenbeard sells Made O'Day dress shop to Jan Mayfield of Snyder effective Tuesday. New Snyder Athletic Center staff David Zaijeck joins. Local merchants announce sales openings and openings at Cogdell Center with Chamber of Commerce help. The Big Spring State Hospital hosts an alcoholism seminar on June 9 with Dr. Jon Weinberg as consultant. Lightning remains a leading cause of death in the United States.
A nostalgic riff argues for standard family car conveniences in economy models. It imagines built in trip data like miles to go and arrival time as a relief for long drives, contrasting pricey cars with practical family wagons and praising quiet back seats and swiveling bucket chairs for parenting on the road.
A cynic argues that what seems unbiased to some reads as propaganda to others. The piece touches on prudence for a rainy day and hints at public rhetoric about raising a can. It notes pollution from careless disposal of cigar packs and the smoke from utility generators.
The fragment imagines dramatic lines about Sheol and a future where cars, especially family wagons, feature panels with answers like Are we lost and a constant warning button. It satirizes technology, control, and parental authority, ending with a copyright notice from Field Enterprises, Inc.
Washington reports that Herman Wouk warned before a Senate subcommittee that publishing risks concentration by a few conglomerates. Duffey echoed fears of reduced independence as majors own publishers, movie studios, and media ventures, with potential anti trust action and political pressure looming.
John Cunniff discusses how a 6.1 percent jobless rate in May signals a shift toward wage and price restraint. He notes inflation pressures may prevent substantial unemployment gains, with some economists arguing a 6 percent rate equals 4 percent a decade ago. The piece weighs a swollen workforce and higher unemployment benefits as factors muting the measured jobless rate.
Permian Basin oilfields reported 282 rotary rigs in operation last week, up six from the prior week but down four from the same week in 1977. Eddy County New Mexico led with 33 rigs, Pecos County led the Texas side with 24, and Lea County matched that total.
James J. Corbett worked as a bank teller before rising to win the heavyweight boxing title. His early career contrasts with his later fame as a celebrated champion and popular sports figure.
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