Stocks rise as market indices strengthen on gains abroad
The Dow climbs 119.57 to 7873.12 while NYSE volume slips to 639.02 million shares. Eastern Iowa stocks show 31 gains and nine declines with notable moves from Heartland Express up 2 percent to 28, International Paper to 45 9/16, GE to 75 9/16, P G to 80, Wal Mart to 4 1/2, and HON up 1/2 to 59 1/2. Brenton Banks and AEGON dip.
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Wilshire Associates
Iday Oirce Associates Press
Rockwell earnings drop in first quarter
Rockwell International Corp reports a 50 percent drop in first quarter profits to 89 million dollars for the quarter ended December 31, as acquisition costs and chip weakness weigh on results. Revenue rose 7 percent to 1.98 billion dollars.
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Rockwell International Corp
Rockwell
Pork Producers raise dues to fund legal battles in Des Moines
In Des Moines delegates of the Dew Pork Producers Association raised member dues from 10 to 25 dollars and couples from 15 to 35 to cover a 40 thousand dollar budget shortfall. A voluntary donation proposal failed twice. The group also backed exclusive statewide livestock regulation while defending earthen lagoons and manure basins for hog storage. The Iowa Park Congress opens today with events through Thursday.
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Des Moines
Marlene Lucas
ES Moines
Dew Pork Producers Association
Iowa hog producers push lean pork in pork and beans
The Iowa Pork Producers Association urged manufacturers to use lean pork only in pork and beans or drop the word pork. Gary Helmrichs of Manchester said current meat is fatty and misrepresents the industry, while Leon Sheets of Ionia argued fat aids taste. the group backed Helmrichs' resolution despite opposition.
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Iowa
Iowa Pork Producers Association
Manchester
Gary Helmrichs
Pork Producers Annual Meeting
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National Pork Producers Council
State Department of Agriculture
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Leon Sheets
Ionia
Kay Carpenter
Hunt-Wesson Inc
Fullerton
Calif
van Camp
Alliance Foods Inc
Coldwater
Mich
Minnesota
Faribault Foods Inc
Vintage toy buy in Cedar Rapids draws collectors
International Private Collectors of Springfield Illinois offers free pre 1970 toy appraisals today and tomorrow in the Venezia Room at the Sheraton Four Points Hotel Cedar Rapids. They plan to buy 2000 to 3000 items with mint mint in box items fetching high prices and 1940 to 1960 toys in demand.
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Rival theater groups plan world’s largest cinema chain
Rival owners announce a $3 billion merger uniting Regal Cinemas with Act III Cinemas and United Artists Theatre Group to form the biggest U.S. chain with over 5,300 screens across 727 theaters in 35 states, surpassing Carmike Cinemas.
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Hicks, Muse, Tate & Furst Inc
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