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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Apr 15, 1997
Page
6
Readers are urged to view the tax refund as a windfall and consider diversified uses. Proposals include buying U S Savings Bonds, joining an investment club, paying down mortgage insurance, opening an IRA, raising deductibles to cut premiums, funding emergencies, paying travel, reducing credit card debt, buying tuition credits, taking courses, and hiring a financial adviser.
Studio owner Judi Mahaley introduces a year round punch card for adults at Dance City in the Malls shopping center 711 W 23rd St allowing tap country dance aerobics and more with no make up for missed sessions. Children will join in summer.
NationsBank said its first quarter profits climbed 38 percent from a year earlier to 709 million, with earnings per share at 97 cents. Revenue rose 20 percent to 3 billion as efficiency and cash flow benefited from its 9.5 billion Boatmen's Bancshares buyout. The bank operates in 16 states and the District of Columbia.
General Motors reports first quarter earnings of about 1.8 billion dollars or 2.30 a share, up 76 percent from last year as North American operations reach their best profitability in over a decade. Revenue climbs to 42.26 billion while US market share slips to 30.2 percent.
Market quotations from South Midland and North Elevators show wheat at 4.72 to 4.75 dollars, corn around 2.50 to 2.85, milo near 4.50 to 4.60, and soybeans near 8.00. Livestock prices in St Joseph and Omaha reflect softer hogs and steady to higher cattle, with steers around 66 to 68 dollars and hogs around 53 to 54 dollars per hundredweight. Nonferrous metals in New York list aluminum at 68.6 cents and copper near 12.0 to 106.65 cents per pound for various plate cathode forms.
Metals Week composite price per pound shows lead at 48 cents, zinc around 60 cents to 82 cents, tin near 3.83 dollars, gold quotes around 346.40 to 346.75 per troy ounce, silver about 4.71 to 4.73 per troy ounce, mercury at 230 dollars per 76 pounds, platinum 368 to 371.50 per troy ounce, and palladium at 366.70 per troy ounce with several quotes not quoted or unavailable.
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