Stocks drift after early rise on rate boost
UPI reports a quiet afternoon with the Dow off 4.96 to 1000.62 as declines outpaced advances 861 to 565 on 1,802 NYSE issues. Trading remained active with 26.11 million shares changing hands, American Airlines leading activity and IBM rallying amid antitrust negotiations.
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New York
UPI
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Fluor Corp
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Supreme Court
Omitted Excerpt Describes Stock Listings and Ratios
The readable portion notes listings and price ratios, referencing debt and earnings in a stock context. It mentions a designated designation traded in a 10 share preriad and a price per share derived from a 12 month ato last sale.
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Igre
Iowa loses skilled workers to South and West during recession
Iowa officials report migration of graduates and skilled blue-collar workers to better times elsewhere as unemployment strains persist. University figures show doubling of college graduates leaving in some fields, while state reprise credits shortages and job creation lag.
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DES Moines
Iowa
Ron Kraft
Iowa Development Commission
Indus
Kraft
Livestock and Grain Prices Report From Des Moines Market
Des Moines market notes show hogs steady to 50 cents lower with active trade and mixed fat cattle gains. Wheat and corn futures move on Cedar Rapids processing bids while livestock receipts and pork, beef values shift across Monday markets in Des Moines and Joliet.
Iowa farm eggs prices steady as market shows uneven demand
Des Moines reports from the Federal State Market News Service say prices unchanged with uneven demand. Some graders active while others wait for market developments. Undertone remains weak and dealer inventories are down from last week. Prices paid to producers for loose eggs are listed by grade and size in cents per dozen. Grade A large 49-57c, mostly 54-55c. Grade A medium 42-47c, mostly 45c. Grade A small 18-25c, mostly 18-20c.
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Des Moines
Federal
Hawkeye Bancorp posts higher first quarter earnings
Hawkeye Bancorp of Des Moines reports quarter ended March 31 with income before securities transactions up 24 percent to 2.93 million and per share earnings 68 cents. Net income rises 23 percent to 2.92 million. return on assets 1.09 percent and return on equity 16.3 percent. Eastern Iowa subsidiaries named. Also cites acquisition plans of Jackson State Bank.
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Archer Daniels Midland Co
Livestock Trade Report From Webster City And Des Moines
UPI field notes show hogs active with steady to higher bids in Webster City markets. No 3 200-250 lb hogs at 40.25 to 40.50 with a few at 40.75, heavier classes 36.00 to 38.00, sows 50 to 75 cents higher. Cattle offerings scarce. Des Moines reports a barely steady undertone with light demand and limited trading as most slaughter schedules are filled. farm prices at producer loading range 7.5 to 8 cents per pound.
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Cedar Rapids hog and sheep market report Monday prices
The Cedar Rapids hog market was steady with 210-240 lb butchers at 38.00 to 39.00 dollars and packers over 550 lb up to 550. Sows 34.00 to 34.50 with discounts on light weight hogs. Sheep market steady for wool and shorn with wool at 52.00 and shorn 56.00. buying hours 7 a.m. to 10 a.m. Monday through Friday.
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