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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Sep 23, 1987

Page

19

Dow Hits Record One Day Gain as Market Surges

The Dow Jones industrial average jumped 75.03 points to 2568.05, the largest one day gain on record. Volume on the NYSE reached 209.51 million shares with 1,052 issues up, 551 down, 401 unchanged as analysts attributed the rally to a strong bond market and expectations of better August inflation data.

Associated Press and Gazette New York Stock Exchange Dow Cedar Rapids Fred Fisher Berthel, Fisher & Fleischman Fisher General Suns New York Dennis Jarrett Kidder, Peabody & Co Charles Jensen MKI Securities Corp Jensen Treasury Newmont Mining Newmont Marion Labs

Understanding the Fair Debt Collection Practices Act

The Fair Debt Collection Practices Act enacted in 1978 protects consumers in credit transactions by limiting abusive debt collection. It applies to collectors and creditors who use a name other than their own, or collect for others, but excludes banks and some lenders. It bans harassment, specifies written notice within five days, and outlines remedies including actual damages, up to $1000, court costs and lawyers fees.

Consumer Handbook Board of Governors of the Federal Reserve System Washington, D.C

Largest Dow gains list from several dates and values

The article lists major daily Dow Jones point gains with percent changes across multiple dates. Entries include dates in 1986 to 1987, with gains ranging from around 4 to 66 points and percentage changes from roughly 1.5 percent to over 29 percent, detailing closing levels.

Dow New York Dow Jones Apel Percen Pfam Psqum

C R area men head Iowa truckers bankers

Cedar Rapids residents took top posts in two state groups this week Jonn M Smith of CRST International was elected chairman of the Iowa Motor Truck Association at Cedar Rapids and Clair J Lensing of Farmers State Bank in Marion became president of the Iowa Bankers Association at Des Moines Aimed at highway safety and economic renewal both leaders spoke on future plans and the industry in state affairs The new board includes Daniel Doyle Wellman Savings Bank and Holmes Foster Banks of Town Merchants National of Cedar Rapids

Cedar Rapids Jonn M. Smith Crst International Iowa Motor Truck Association Clair J. Lensing Farmers State Bank Marion Iowa Bankers ‘Association Des Moines Smith IMTA IBA Daniel Doyle Well ‘Man Savings Bank Holmes Foster Banks of Town Merchants National of

Hubbard Milling Sells to New Jersey IPC in 95.3 Million Deal

Hubbard Milling Co of Mankato Minnesota will be sold to International Proteins Corp of Fairfield New Jersey for 95.3 million cash with closing targeted for Nov 30 pending agreement, stockholder approval and financing. IPC gains a Cedar Rapids Iowa feed mill and Hubbard remains autonomous with headquarters in Mankato led by Richard Confer.

Assoc.attw -Rv S and Gazette Hubbard Milling Co Mankato Cedar Rapids Hubbard IPC Richard P. Confer David A. Clark

Nissan plans price hikes on 1988 models

Nissan Motor Corp U S A will raise prices on its 1988 models by an average 1.6 percent or 178 dollars amid competition from Toyota which boosted prices 14 percent last week. Sentra up 100 to 6499, 200SX XE up 250 to 11899, Maxima GXE up 150 to 16949, 200SX SE cut 280 to 14949, Pulsar NX to 12199 with five speed option.

Nissan

Also Mentioned on This Page

Federal Reserve Board Alan Greenspan Amana Colonies Golf Course Inc Raytheon Grace Rockwell Inerex Upjohn TBM General Electric National Semiconductor Exxon Philips Petroleum Chevron Standard & Poor S&p American Stock Exchange Susan Bondy North America Syndicate C.R Iowa Bankers Safety Council The Interstate Carriers’ Conference American Trucking Association Vensing John M Hubbard Milling New Jersey Il Cago Midlands Council Bluffs Towa First Chicago Corp Keokuk Mine Co Exton FDIC FSLIC SCI Securities Corporation of Iowa Second Avenue Iowa City Sipc Paul Atherton Skogman Ralston Insurance Cedar Rapid
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