Broad Market Rebounds As Dow Rises 27 Points
The Dow Jones Industrial Average climbed 27.57 to 6,611.05 as investors sought safety in blue chips. Volume on the NYSE reached 507.06 million shares while decliners edged advancers 7 to 6. Major gains included Gillette 3 percent and Procter & Gamble 2 percent.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
New York Stock Exchange
Iowa
Gillette
Procter & Gamble
International Paper
MCI Communications
Firstar
Norwest
AEGON
W.R. Grace
Colahcas
Ve Industrial
Transport
CocaColas
E Finance
Merck
American Stock Exchange
SPDR
Viacomb
TWA
Cisco
Amex
Biotech
Standard & Poor’s Finance
Indust
Transpt
Wilshire Associates
Associated Press
Grassley and Harkin Back EU Meat Import Ban Move
Iowa senators Grassley and Harkin supported Clinton administration steps to block most European meat imports after the EU failed to certify U S plants by the April 1 deadline. Officials said initial effects could hit poultry dairy and egg product trade with an estimated 50 million in poultry 6 million in eggs and 30 million in dairy immediately affected.
MENTIONED IN THIS ARTICLE
United States
U.S
Clinton
Grassley
Harkin
USDA
Farmers offer CAP 26 million acres to enroll
Washington AP reports the Agriculture Department said farmers submitted about 301 650 offers totaling near 26 million acres for the 10 year Conservation Reserve Program. About 8 million acres seek first time enrollment with 18 million under expiring contracts.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Dan Glickman
Glickman
U.S
Texas
North Dakota
Montana
Iowa
Linn County and Johnson County Builders See February Shifts
Linn County contracts rose to 6 million in February up 34 percent from a year earlier, led by residential growth of 18 percent to 4 million and nonresidential up 83 percent. Johnson County contracts fell to 5.5 million, down 29 percent, with residential up 3 percent and nonresidential down 55 percent. National construction spending rose 2.3 percent in February, led by public and residential gains.
MENTIONED IN THIS ARTICLE
Montgomery Ward Holding Corp
Securities and Exchange Commission
Ward’s
Ward
Westdale Mall
Johnson County
Senator vows new push to ban ATM extra charges
Senate Banking Committee chair Alfonso D Amato says he will reintroduce legislation to ban surcharges for using out of network ATMs. A consumer group reports ATM fees rose and usage of charges doubled to 45 percent in six months with bigger banks charging more than smaller banks. Connecticut and Iowa already outlaw the fees and a broad set of states consider bans or moratoriums.
MENTIONED IN THIS ARTICLE
Washington
Senate Banking Committee
U.S
Sen
Alfonso D’amato
R-N.y
D'Amato
Correctly reporting dividends to avoid IRS inquiries
Taxpayers should report dividend income by the payer name as shown on Form 1099. If shares are held in street name, list the brokerage as the payer rather than the stock name to prevent IRS discrepancies and computer cross checks.
MENTIONED IN THIS ARTICLE
IRS
Gary Klott
Knight-Ridder News Service
Soybean stocks revised tightens outlook for harvest
The Agriculture Department corrected its quarterly stocks showing Mississippi overcounting by 2 percent. As of March 1, U S soybeans in storage stood at 1.056 billion bushels the lowest for that date since 1994. The revision signals possible shortages by September 1, with corn futures rising alongside soybeans as farmers plan large spring plantings.
MENTIONED IN THIS ARTICLE
Associated Press
Agriculture Department
Mississippi
USDA
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Penske
Penske Motorsports Inc
North Carolina Motor Speedway Inc
NCMS
Rockingham
N.C
Carrie DeWitt
North Carolina
PMI
Treasury
Treasury Department
Department
Yellowstone National Park
Linn County Building Contracts Up
George & Ford
Linn County
Los
McGraw-Hill
Maryland
Massachusetts
Missouri
New Jersey
New York
Oregon
Pennsylvania
Plus
Cirrus
NCAA
42Nd Street
14Th Avenue SW
First Avenue
AT Mercy
Mercy Education Department
Mercy Medical Center
Cadar Rapidi
Mercy Education
Cedar Rapids
Tenth Street
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