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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Nissan
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