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Newspaper
Whitewright Sun
Location
Whitewright, Texas, United States of America
Date
Jan 26, 1961
Page
3
Social notes list numerous visits and weekend gatherings in towns including Denison Sherman Bells Sherman Wolfe City Dallas and Plano. Frequent travel by Mrs and Mrs to see relatives parents and friends. some moved homes or hosted guests.
The National Association of Food Chains and Harvard Business School report fifth annual margins in the food chain industry. In 1959 net profits averaged about 1.4 percent of sales, or 14 cents on a $10 bag, with 1958 similar at 1.38 percent. Profits remain small while expenses like payroll advertising and real estate rise. mass distribution relies on high volume for adequate total profit.
In New York State 40 eighth graders pool small change to buy a share of stock and receive a dime dividend. They buy jelly beans with the profit, illustrating early lessons in capitalism. The Exchange magazine notes more children invest, signaling future financial literacy and a stronger America.
In Austin Rep W T Oliver proposes a bill to cap annexation at 10 percent yearly and grant cities extra jurisdiction within a perimeter to curb slum growth. Sen Grady Hazelwood urges reforms to auto insurance rules including using post 1960 driver records and removing minor violations from rate penalties.
A New York barber convention featured three barbers offering a $4.50 haircut demonstration. A Pennsylvania barber was named Barber of the Year, operating by appointment with piped music and chairside extensions. He tests hair strength at home and bans loud talking and magazines in the shop.
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