Convenience stores rise with Texas origin and growth
The piece traces the Texan roots of the convenience store concept from the Southland Ice Company, via Uncle Johnny Green, to the birth of Tote’m and later 7-Eleven. It notes fast food, gasoline expansion, Florida as a leading market, and industry stats on markup, profits, and shopper profiles while predicting greater convenience as supermarkets shrink in size.
MENTIONED IN THIS ARTICLE
United States
7-Eleven
Texas
Johnny Green
Southland Ice Company
Johnny
Southland
Elliot Deutsch
Food Spot
Convenience Store News
C-stores
Traugott
Progressive Grocer
Truckers divided on possible strike and relief needs
Independent trucking leaders debate a nationwide strike as the July end looms to press for federal loans and policy changes. At a Hebron truck stop drivers express reluctance due to prior losses, while others push for action and loan relief. The July 12 Chicago meeting will weigh strike merit and relief needs.
MENTIONED IN THIS ARTICLE
Chicago
Hebron
Ohio
Dave Pierce
Walton
Hill
Washington
Transportation
William T. Coleman
Sohio Raises Gasoline Prices Ninth Major Oil Company
Sohio became the ninth major U S oil company to lift wholesale gasoline prices by 3 cents a gallon effective midnight yesterday. The hike applies in Ohio and Sohio subsidiaries in adjacent states and in BP Oil Corp marketing areas, with pump prices rising to 60.9 cents for regular and 64.9 cents for premium at many company stations.
MENTIONED IN THIS ARTICLE
Cleveland
Standard Oil Co
Ohio
Boron
BP Oil Corp
SOHIO
NYC Bank Raises Prime Rate to 7 Percent
First National City Bank raised its prime lending rate to 7 percent today, the first major bank to hike the key rate in six months. The move affects loans to the most creditworthy business borrowers and takes effect Monday. The prime rate guides but does not directly set consumer or mortgage rates, though trends often align with Fed tightening.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
Federal Reserve
Grain prices mixed across Ohio regions
Northeast Ohio reports No 2 wheat at 2.54, soybeans at 4.44 with sharp gains, No 2 shelled corn 2.49, and No 2 oats at .31. Northwest and Central Ohio show varied values with corn at 2.54 to 2.61, soybeans near 4.90, and oats around 1.52 to 1.48, with several items sharply higher.
MENTIONED IN THIS ARTICLE
Northeast
Ohio
Northwest Ohio
Central
Local Grain Prices at Lorain County Farm Bureau Market
The closing market figures show Wheat at 2.44 dollars per bushel Shelled Corn 2.50 per bushel Oats 1.29 per bushel and Soybeans 4.80 per bushel reported by the Lorain County Farm Bureau Cooperative Association.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association, Inc
Area truckers oppose nationwide shutdown call
Independent truckers in Elyria say they do not support a proposed nationwide shutdown on July 27. Leaders warn workers are already scarce with layoffs and low trips, and a new stoppage could worsen inventories and harm the industry.
MENTIONED IN THIS ARTICLE
Robert Weitzel
Elyria-based
Tri-County
Council of Independent Truckers
Marriages Down Divorces Up Births Steady Report Says
The Census Bureau notes fewer marriages, higher divorces, and a birth rate near historic lows. Fewer households, more women remaining single, and growing female independence mark a shifting American social pattern. Officials warn the long term impact on companionship remains unclear.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Paul C. Glick
Death by own action rate high for children of stars
Los Angeles AP reports three cases where children of Hollywood figures died by personal crisis. Daniel Dailey, 11, shot himself at St. John's Hospital in Santa Monica. Jon Peck, 30, Gregory Peck's son, died of a gunshot in Santa Barbara. Jenny Arness, 24, James Arness's daughter, overdosed in Malibu. Experts cite burdens of fame and stress, with coroners listing apparent personal crisis.
MENTIONED IN THIS ARTICLE
Los Angeles
Hollywood
Dan Dailey
Daniel J. Dailey
St. John’s Hospital
Santa Monica
Jon Peck
Gregory Peck
Santa Barbara
Jenny Lee Arness
James Arness
Ond
Alibu
Peck
Arness
Dailey
Wall Street opens lower as Citi bank raises prime rate
Opening Wall Street in New York sees a weaker market after Citi bank lifts its prime rate on business loans from 6 to 7 percent next week with further hikes likely. Dow at muted decline. NYSE shows more losers than gainers. Ohio and Chicago briefs follow with farm poultry and egg price notes.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
New York Stock Exchange
Citibank
Also Mentioned on This Page
John Dorschner
Knight Newspapers
Florida
Harry N. Traugott
The
Les Salsgiver
Lodi
Millard Holden
McAllen
Tex
Independent Produce Haulers of America
Holden
William J. Hill
National Independent Truckers Unity Committee
D.M. Flurry
Beaumont
Florence
NYC Bank
Lata
Alice Luddington
Weitzel
Charles Piazza
Vermilion Chapter
Piazza
Pat McGuire
Vermilion Group
McGuire
Glick
UPI
Geneva
Henry Kissinger
Andrei Gromyko
Ford
Leonid Brezhnev
the Chronicle-Telegram
East Avenue
Elyria
Lorain County
Michael Beyer
Diane Linkletter
Art Linkletter
Edwin Shneidman
Ucla Medical School
Norman Farberow
Suicide Prevention Bureau
University of Southern California Medical School
E. Broad ST
Bill Rades
Wallstreet
Columbus
Midwest
Scott Paper
Sears Roebuck
Shell Oil
Allegheny
Allied Chemical Ith
Singer Co
ISM
Alcoa
Bs Sperry Rand
Am Airlines
Bo Standard Brands
Sterling Drugs
Amel & Tal
StudeWorth
Texaco
Armco Steel
Ashland
UN Carbide
Atlantic Rich
U.S. Steel
Babcock Wilcox
Westinghouse el 1B
Bendix
Weyerhaeuser
Bethlehem Steel
Woolworth
Zella
Curtiss Wright
CPC International Inc
Dow Chem Dart
Gress Ind
Emerson
Fruehaut
DuPont
Goodrich
Easkd
Industries
Eaton
Kewanee Oil
Exxon Os
Koehring
Firestone
Ay Goodrich
Union Pacific Corp
Goodyear
Victor
Man Woolworth
F.W
Inger Rand
Johns-Manville
Kaiser Alum
Nat'l
Cho Edison
Putnam Funds
Grih
Owen Corning Penn Central Bie
Mun Penney
J.C. SY Ya PaP&l
PepsiCo
Pfizer C
Phillip Morris
Phillips Petroleum
Procter & Gamble
Pullman Inc
Ralston P CA
Reich Chem
Republic Steel S24
Fine
Ind
Kotzin Co
Kotzin
Amax Inc
BMA Corp
Cleo-Chitfs Bodin Apparel
BIS Consumers Power
Denver Riest
PBS Pinel Ind
Furrs
Aluminum
Lehoran-Johnson-Yeunt
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