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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Apr 02, 1976
Page
9
The article warns late filers face higher error risk and missed deductions, noting many forget the $30 personal exemption credit and urging careful itemizing, double checking math, and using last year as a guide only where appropriate. It explains the $120 potential savings for a couple with two dependents and stresses verifying all entries before mailing to the IRS.
The soft drink industry faces a decades long bottler consolidation with 5 to 10 percent of firms exiting or merging in 1975. Legal wins for exclusive franchises bolster near term optimism. Profit margins recovered in 1975 as volume dipped but efficiency and reviving economy hint at higher sales and earnings ahead.
The University of Nebraska's indicators show total economic activity in Nebraska rose slightly last November from the prior month but remained below November 1974 levels. Physical volume was within a half point of November 1973, with agriculture prices up about ten percent from a year earlier and manufacturing up for the third consecutive month.
Wallace E Brunken passes N A P M certification in purchasing management after meeting academic and professional standards. He joined Dale Purchasing Department in 1953 as a buyer at the Columbus firm and qualifies by earning a minimum 70 points. Women buyers shift attitudes boost real estate sales to single women.
New York officials warn of a revised 1.7 billion deficit for the coming year, with cuts and aid uncertain. Mayor Beame, the emergency board and financier Felix Rohatyn push backloading as unions gain leverage from pension funds, while Washington aid remains uncertain.
Opal Mejstrik takes Made O Day store in Schuyler from Mary Kolm effective April 5. Charlene Sedlacek replaces Mejstrik at Farm Bureau after five years. Keith Feilmeier heads new Omaha National Bank branch on 42nd Street. he is a VP and son of Hugo Feilmeier. Spencer Foods declares eight cent quarterly dividend payable April 30. NHCA officers attend state convention in Omaha with Lyal McCaig guest artist and training sessions.
ABILENE Kan Duckwall Stores Inc reports over 100 million in sales for the year ended Jan 31 1976 and a record net income of 2 045 231 or 2 00 per share up 25 from 1 635 837 or 1 60. Net sales rose 17 to 107 618 453 from 92 179 672 with fourth quarter sales of 36 555 767 vs 29 751 490. President Royal G Sanborn cites conservative gross margin and year end inventory adjustments. The company operates discount stores variety chains and fabric shops across Kansas Colorado New Mexico Nebraska Texas and Iowa with an Alco Store in Columbus.
The Petersen Co. of DeWitt was named Nebraska’s Business of the Year. Chris Petersen, president, will receive the award from Gov. J James Exon at a luncheon later this month. the firm manufactures wrenches and serves as a national SBA advisory committee member.
Illinois investigates Franch MOTA Fuel after tests say the mixture resembles gasoline with little water. The 64 year old claims a secret process turns water into fuel and envisions 12 plants producing a billion gallons weekly by 1976.
Amoco Oil introduces Bicentennial free road maps featuring regional and city designs by Tempo Designs. Each map adds historical narratives and 200 location milestone notes, with city maps covering Atlanta Baltimore Boston Detroit Kansas City Miami Milwaukee Minneapolis York and Philadelphia. Amoco plans to hand out over 20 million maps in 1976.
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