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IOWA PUBLIC SERVICE CO. DECLARES QUARTERLY DIVIDEND

 IOWA PUBLIC SERVICE CO. DECLARES QUARTERLY DIVIDEND
 DES MOINES, Iowa, Feb. 4 /PRNewswire/ -- On Jan. 22, 1992, the


directors of Iowa Public Service Co., a wholly owned subsidiary of Midwest Resources Inc., (NYSE: MWR) declared the regular quarterly dividend on the 3.90 percent, 3.75 percent, 4.20 percent, 8.08 percent and 7.64 percent Cumulative Preferred Stocks and the $8.32, $8.52 and $7.35 Class A Preferred Stocks, payable March 1, 1992, to shareholders of record Feb. 12, 1992.
 Midwest Resources is a holding company with major interests in electric and natural gas utility operations and additional investments in diversified businesses.
 Iowa Public Service Co. provides electric service through its IPS Electric division to 158,000 customers in Iowa and southeastern South Dakota, and natural gas service through its Midwest Gas division to 360,000 customers in Iowa, Minnesota, South Dakota, and Nebraska.
 -0- 2/4/92
 /CONTACT: J. Sue Rozema of Midwest Resources, 515-281-2250/
 (MWR) CO: Iowa Public Service Co.; Midwest Resources Inc. ST: Iowa IN: UTI SU: DIV


MC -- DV002 -- 6676 02/04/92 12:09 EST
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Publication:PR Newswire
Date:Feb 4, 1992
Words:184
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