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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Mar 18, 1977
Page
11
Babson's Reports analyzes 1976 gains in trucking tonnage and profits and forecasts a bright 1977. Load factors and rate relief support earnings. ICC actions and oil embargo relief aid profitability. Recommends holding leading trucking stocks, especially Overnite Transportation, with a free Babson report available.
Ray Sokol a meter serviceman with Cornhusker Public Power District retires after 23 years. He began in 1939 and joined Cornhusker in 1954, known for the extendo stick and driving a meter service truck nearly 750,000 miles accident free. Fred Matthes retires after nearly 16 years on the ground crew joining in 1961, with duties from weed control to tree trimming. Both plan travel and family ties noted.
Ted Niedbalski of Columbus appointed personnel manager at Middle State Manufacturing Company by President William Fritz. A longtime local, he previously ran Ski Lounge with brother Floyd for 13 years and has five children including Susan in Wyoming and students Steve Sharon Cindy and Joe.
Spencer Foods Inc of Spencer Iowa posted a first quarter loss of 663000 dollars or 68 cents a share on 152194000 dollars in sales for the period ended Jan 29 1977. The Leather and Processed Meats divisions absorbed 80 percent of the loss while Beef Division margins remained exceptionally low due to cattle market glut. The firm plans to discontinue dividend payments on common stock and will review the policy again in March next year with no impact on preferred stockholders.
Mildred Gengenbach longtime Columbus Community Hospital nurse and administrator received a retirement tea on Tuesday. She started in 1952 as a registered nurse and has held multiple roles including director of nursing services and director of patient services. Clarence Cory presented a 25 year service gift on behalf of the board and staff. The couple will move to Lincoln as Walt Gengenbach takes a lay assistant role at St Andrew's Church.
Nebraska building permit data show 2385 new housing units authorized in Q4 1976, up 43 percent from Q4 1975, with year total around 10,000. single family homes dominate, Lincoln and Omaha both add units, mobile home shipments rise, and mortgage lending surges 31 percent for 1976.
University of Michigan educator Arthur F. Coxford notes a shift from science and engineering aims sparked by Sputnik to practical consumer math topics. Pupils study installment buying interest rates taxation and discounts reflecting curricular change.
Clarence Wilken of Columbus, a Prudential Insurance special agent, earns his seventh President's Club honor for 1976 sales and service, and will attend a four day educational session at the Princess Hotel in Southampton Bermuda with other top representatives.
Leonard Kush dragline operator marked 10 years with Loop Power District on March 13. He joined as maintenance man on March 13 1967 and became assistant dragline operator January 16 1971. Promoted to dragline operator in Columbus September 16 1976. Kush and wife Connie live in Genoa with children John Rick and Linda. He enjoys hunting fishing bowling archery and farming.
The 1907 Indian Head Double Eagle gold coin, the world’s sole specimen, is insured for a million. Designed by Augustus Saint-Gaudens for Theodore Roosevelt and never minted, it later sold for 3444 in 1954 after miscataloging. It now resides mostly in a bank vault.
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