Stocks Mixed as Investors Await Fed Rate Decision
Blue chip stocks rose while a broad rally paused as markets awaited the Federal Reserve's stance on rate cuts. Dow closed up 80.07 to 8108.84 with advancers leading decliners 4 to 3 on 816.24 million shares. Eastern Iowa movers included AEGON 83 13, Gillette 40, P and G 73, U S Cellular 29. Kodak fell 1 to 79, Quaker down 1 to 59.
MENTIONED IN THIS ARTICLE
Federal Reserve
Dow Jones
New York Stock Exchange
Iowa
AEGON
Gillette
Procter & Gamble
U.S. Cellular
Eastman Kodak
Quaker
Mercantile Bancorporation Merges With First Financial
Mercantile Bancorporation Inc and First Financial Bancorporation announce a completed merger anchored in Iowa City. First Financial serves First National Bank Iowa with ten Iowa City Cedar Rapids sites. Mercantile operates over 550 Midwest locations.
MENTIONED IN THIS ARTICLE
Mercantile Bancorporation Inc
First Financial Bancorporation
Iowa City
First Financial
First National Bank Iowa
Cedar Rapids
Mercantile
Midwest
Treasury raises bid prices as short bills drop to four-year low
In Monday's auction the Treasury sold 8 billion dollars of three-month bills at an average discount rate of 4.43 percent, down from 4.635 percent. Another 8 billion dollars of six-month bills were sold at 4.455 percent, down from 4.615 percent. The implied yields were 4.543 percent for the three-month and 4.62 percent for the six-month bills, with a one-year yield easing to 4.61 percent from 4.76 percent.
MENTIONED IN THIS ARTICLE
Treasury
Treasury Department
Fed Expected to Cut Rates as Brazil Crisis Spreads
Federal Reserve policymakers are seen cutting rates for the first time in nearly three years amid Greenspan concerns over a deteriorating world economy. Economists warn the move won’t solve the crisis but could bolster confidence while Brazil seeks a $30 billion IMF led rescue package with World Bank and Inter‑American Development Bank support.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Brazil
Fed
Sung Won Sohn
Norwest Corp
Minneapolis
South America
Russia
World Bank
Inter-American Development Bank
United States
U.S
Houselown boosts housing for Cedar Rapids families
Fannie Mae backed Houselown a five year three billion plan in Iowa. In two years over 2800 Cedar Rapids area families gained affordable housing with partnerships from Metro Area Housing Program and local lenders. Half the state’s $1.5 billion in affordable financing aided low and moderate income borrowers including many first time homebuyers.
MENTIONED IN THIS ARTICLE
Gazette Financial
Cedar Rapids
Fannie Mae
Federal National Mortgage Association
The
Metro Area Housing Program
Hayes
Iowa
Early Harvest Yields High for Corn and Soybeans in Iowa
Rural reports show corn yields at 185 to 200 bushels per acre and soybeans around 60, with some fields reaching 175 bushels of corn. Co op official Mike Jerke cites favorable conditions across Martelle to Dixon as harvest lags state averages and weather remains mild enough to boost maturity.
MENTIONED IN THIS ARTICLE
Iowa
Co-Op
Martelle
Jones County
Dixon
Scott County
Jerke
Iowa Crops & Weather
Cedar Rapids
Burlington
FCC rules against marketing alliances with Qwest by US West Ameritech
The FCC ruled that alliances between US West Ameritech and Qwest to market long distance to local customers violate the 1996 telecommunications act. US West and Ameritech had briefly marketed Qwest services but were ordered to stop. US West will appeal. Ameritech may appeal but argues the ruling hurts consumers.
MENTIONED IN THIS ARTICLE
FCC
US West
Ameritech
Washington
Federal Communications Commission
Bell Telephone
Qwest Communications Corp
US West Communications Inc
Ameritech Corp
Qwest
Baby Bells
At&t, MCI, McLeodusa Inc
Cedar Rapids
Bell
Bill Kennard
Net Worth Advisors outlines client centered succession plan
Net Worth Advisors presented its strategy to Cedar Rapids leaders after a merger linking Net Worth Advisors of Waterloo with Davis Jones Lamb. CEO Steve Mulder emphasized a relationship based approach gathering all facts with clients and their advisers to aid informed decisions. Oakley praised the team method, noting it covers contingencies and aligns assets for long term work.
MENTIONED IN THIS ARTICLE
George C. Ford
Mary Oakley
Eastern Iowa Supply Co
Steve Mulder
Waterloo
Mary
Oakley
Mulder
Net Worth Advisors
Davis, Jones, Lamb Insurance
Cedar Rapids
Net Worth Advisors of
Davis Jones Lamb
Don Bergan
Bergan & Paulsen Co. PC
Bergan
Linn County Public Hearing set on 1998 improvements in Cedar Rapids
Linn County Iowa announces a public hearing at 6 30 am on October 13 1998 in the Board of Supervisors Board Room Cedar Rapids to review proposed plans contracts and costs for a public improvement under Section 384 102 1993 Code. Dated September 22 1998 in Cedar Rapids.
MENTIONED IN THIS ARTICLE
SOALL
Linn
Board of Supervisor's Board Room
First Street
Cedar Rapids
Linn County
Iowa
Board of Supervisors
Iowe
Lu Barron
Also Mentioned on This Page
Dow
AOL
America Online Inc
EduCare Learning Centers Inc
Iowa City Center
Marshall and Associates LLC
Appleton
Wis
Marshall
Green Bay
EduCare
Kevin McCarville
Supe Etoms Mogie Services
International Monetary
Allen Sinai
Primark Decision Economics
Houselowa
C.r.-Area
O’hern
Nyse Index
Cen Industrial Tie Transport Ae
Gateal Res
Amex
Senn
Fa Insurance
Telecom Tr
Nasdea
Unicom
Ees
Ee Exchange
EchoBay Hanes
Cisco
Yahoo
Uae
Standard & Poor's Indust
Linda Langenberg
Rebecca Shoop
Walford
Richard L. Rotter
Dvorak
Fresnour
Schulte
Sparling
Wiebold
Freshour
Knapp Creek Estates
Prin
Benton County Auditor
Contractors Machinery Inc
Fisher
Zety's OK
GSTC
Berry Bearing Co
Hall and
O Mere
Sewer Fund
Kulhavy
Alliant
Postmaster
Furier Utility
Farmers Savings Bank Terracon
Matt Parott and Sons Wak Sparling
2Nd Street S
Circle Drive
Himmelsbach
Dick Ransom
Hall and Hall Engineers
Motien
Wiebhoid
Ty Develop
Janet L. Gann
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!