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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
May 07, 1976
Page
13
Analysis compares 1975 and current market behavior noting Dow trends, blue chip emphasis, and higher winter volume. Investors weigh upcoming labor talks, inflation risk, drought impacts, and international monetary tensions while earnings growth lifts confidence for the near term.
The text explains that SSI cannot be paid for any full month a recipient is outside the United States. Payments may resume after 30 consecutive days back in the U.S. It also notes school attendance reporting for those 18 and older receiving monthly SSI, tax refunds not counted as income, and that a home valued under $25,000 (or $35,000 in Alaska/Hawaii) is considered reasonable value and not a resource.
Mrs Sawyer laments consumer apathy and urges better money management through understanding income and community services. She notes how low income families overlook available aid and stresses careful spending as costs rise and fixed expenses strain budgets.
R W Beck and Associates named two associates to become partners and three senior staff to associates including Daniel J Sack in Columbus Nebraska. Walter Schumacher of Platte Center elected agency vice president. Genelle s Beauty Salon opened in Schuyler by Genelle Foast and family. Pizza Hut reported fiscal 1976 sales of 244.8 million with net income 10.3 million. Three Columbus residents to be honored with CPM awards by Nebraska Association of Purchasing Management. Brunk's Animal Health named Kent Feeds dealer in Columbus region. Conklin leadership prep graduates Ron Schilling and spouse named distributors in Minneapolis. Prudential Insurance reports Nebraska 1975 highs in life sales 173 million and policy payments 18 million with investments 273 million.
The Duncan Village Board of Trustees approved a Distribution Lease Agreement with Loup Power District granting the district authority to operate and maintain the community's electric distribution. The agreement allocates 10 percent of adjusted revenues from all Loup served communities under the Retail Service Agreement, about 7400 dollars to Duncan in the first year.
Detroit based Douglas and Lomason reports a 60 percent jump in first quarter 1976 sales over 1975, with a swing from a 9 cent loss to profit per share. Strong demand for automotive parts to NA vehicle makers drives the gain, while non automotive operations remain solid. The rubber strike could affect future results, but officials expect no impact if settled soon and foresee higher sales and earnings into spring and summer.
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