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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Jul 28, 1958
Page
11
The article explains Social Security three way protection covering disability at age 50, old age at retirement, and survivors benefits. It details disability freeze rules, eligibility ages, benefit ranges from 30 to 108.50 dollars, and the link to state vocational rehabilitation for return to work.
Findlay based Ohio Oil Company reports net income of 15.087 million dollars for the first half of 1958, 1.15 dollars per share, down from 22.233 million and 1.69 per share a year earlier. President J. C. Donnell II cites lower crude production and weaker refined product prices as main causes. He notes demand eased after the Suez surge but expects improving demand and reduced inventories to lift results in the second half.
Sixty three mills across southern states run with a payroll of about 71,239 workers and annual payroll income near 351.36 million dollars.
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