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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 06, 1968
Page
4
The Index reached a new high this week after a prior dip as most components rose. Auto production jumped 36 percent while steel output edged up 0.2 percent and paperboard climbed 1.8 percent amid holiday demand. Oil refinery runs rose 0.9 percent and electric power output fell 0.6 percent. Transport sectors weakened with mixed carload changes and intercity trucking down 52 percent due to severe weather and holiday schedules.
Jamestown North Carolina, a 1338 resident town with no police, has earned over 15 million dollars in six years from its Alcoholic Beverage Control store. The six clerk shop near High Point drew 2.3 million in the last fiscal year, funding a new town hall, fire truck, sewer system, and street work while keeping property taxes at 63 cents per $100.
Edward Hamilton, former Savings and Loan teller, launches the Hamilton Insurance Agency at 21 South Main Street after six years in banking and two years selling life insurance. He and his wife raise four children and he is a 1957 New London High School graduate. Rotterdam plans a second pipeline to move 36 million tons of crude oil annually to the Rhine industrial area, using a 36 inch diameter line from storage tanks.
UPI reports from New York that ten years after sandwiches were rare in Japan, 59 percent of the nation’s wheat now comes from the United States. Bunge Corp notes a rising bread habit as ham on white gains popularity alongside sukiyaki.
A 79-year-old former Florida auditor deducted auto and per diem expenses for travel to Rhode Island and New York tracks. The IRS denied these as not being Florida tax home. The Tax Court allowed all disputed deductions, citing his age and the temporary nature of each race meet employment.
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