📄 reut2-003.sgm
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<!DOCTYPE lewis SYSTEM "lewis.dtd">
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19419" NEWID="3001">
<DATE> 9-MAR-1987 04:58:41.12</DATE>
<TOPICS><D>money-fx</D></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
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b f BC-U.K.-MONEY-MARKET-SHO 03-09 0095</UNKNOWN>
<TEXT>
<TITLE>U.K. MONEY MARKET SHORTAGE FORECAST AT 250 MLN STG</TITLE>
<DATELINE> LONDON, March 9 - </DATELINE><BODY>The Bank of England said it forecast a
shortage of around 250 mln stg in the money market today.
Among the factors affecting liquidity, it said bills
maturing in official hands and the treasury bill take-up would
drain around 1.02 billion stg while below target bankers'
balances would take out a further 140 mln.
Against this, a fall in the note circulation would add 345
mln stg and the net effect of exchequer transactions would be
an inflow of some 545 mln stg, the Bank added.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19420" NEWID="3002">
<DATE> 9-MAR-1987 05:03:09.75</DATE>
<TOPICS><D>money-fx</D><D>interest</D></TOPICS>
<PLACES><D>france</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
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u f BC-BANK-OF-FRANCE-SETS-M 03-09 0112</UNKNOWN>
<TEXT>
<TITLE>BANK OF FRANCE SETS MONEY MARKET TENDER</TITLE>
<DATELINE> PARIS, March 9 - </DATELINE><BODY>The Bank of France said it invited offers
of first category paper today for a money market intervention
tender.
Money market dealers said conditions seemed right for the
Bank to cut its intervention rate at the tender by a quarter
percentage point to 7-3/4 pct from eight, reflecting an easing
in call money rate last week, and the French franc's steadiness
on foreign exchange markets since the February 22 currency
stabilisation accord here by the Group of Five and Canada.
Intervention rate was last raised to eight pct from 7-1/4
on January 2. Call money today was quoted at 7-11/16 7-3/4 pct.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19421" NEWID="3003">
<DATE> 9-MAR-1987 05:03:38.51</DATE>
<TOPICS><D>crude</D></TOPICS>
<PLACES><D>china</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
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u f BC-AMOCO-REPORTS-SOUTH-C 03-09 0073</UNKNOWN>
<TEXT>
<TITLE>AMOCO REPORTS SOUTH CHINA SEA OIL FIND</TITLE>
<DATELINE> PEKING, March 9 - </DATELINE><BODY>The U.S. <Amoco Petroleum Corp> has
reported an offshore oil find at its Pearl River basin
concession in the South China Sea, the New China News Agency
said.
It said the Liu Hua 11-1-1 A well produced at around 2,240
barrels per day at a depth of 305 metres.
The news agency said Amoco plans to drill a second well in
the area this year, but gave no further details.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19422" NEWID="3004">
<DATE> 9-MAR-1987 05:12:17.12</DATE>
<TOPICS></TOPICS>
<PLACES><D>south-korea</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0437reute
u f BC-SOUTH-KOREA-DELAYS-CO 03-09 0110</UNKNOWN>
<TEXT>
<TITLE>SOUTH KOREA DELAYS CONTRACT FOR NUCLEAR PLANTS</TITLE>
<DATELINE> SEOUL, March 9 - </DATELINE><BODY>Technology transfer problems have delayed
the finalising of contracts between South Korea's state-owned
Korea Electric Power Corp (Kepco) and U.S. Firms for supplies
of equipment and services for Kepco's latest two 950-megawatt
nuclear power plants, a Kepco spokesman said.
He told Reuters the contracts for Kepco's tenth and
eleventh stations, costing between two and three billion dlrs,
were due for completion by the end of February.
Kepco has been negotiating with Combustion Engineering Inc
(CSP) for pressurised light-water reactors and General Electric
Co (GE) for turbines.
KEPCO has also been negotiating with (Sargent and Lundy
Engineers) for engineering and design consultancy services.
"We have been waging a tug-of-war on the transfer of
advanced technology. But I am optimistic we will sign contracts
with them within this month," the spokesman said.
He said the transfer of advanced technology is vital for
South Korea, which wants to build future nuclear power plants
with its own technology.
Work on the two plants is due to start about June 1988 for
completion in 1995 and 1996, although the sites have yet to be
chosen, he said.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19423" NEWID="3005">
<DATE> 9-MAR-1987 05:19:27.56</DATE>
<TOPICS></TOPICS>
<PLACES><D>switzerland</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
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u f BC-KEIAISHA-ISSUING-12-M 03-09 0060</UNKNOWN>
<TEXT>
<TITLE>KEIAISHA ISSUING 12 MLN SWISS FRANC NOTES</TITLE>
<DATELINE> ZURICH, March 9 - </DATELINE><BODY>Keiaisha Co Ltd of Tokyo is issuing 12
mln Swiss francs of straight notes due March 26, 1992 with a
4-5/8 pct coupon, lead manager Gotthard Bank said.
The notes can be called from September 26, 1989 at 101-1/4,
declining semi-annually.
The issue is guaranteed by the Kyowa Bank Ltd.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19424" NEWID="3006">
<DATE> 9-MAR-1987 07:59:05.79</DATE>
<TOPICS><D>interest</D></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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f f BC-NATIONAL-WESTMINSTER 03-09 0015</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>NATIONAL WESTMINSTER BANK SAYS IT CUTTING BASE LENDING RATE TO 10.5 PCT FROM 11 PCT.
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19425" NEWID="3007">
<DATE> 9-MAR-1987 08:08:57.16</DATE>
<TOPICS><D>interest</D></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f0776reute
b f BC-NATIONAL-WESTMINSTER 03-09 0029</UNKNOWN>
<TEXT>
<TITLE>NATIONAL WESTMINSTER BANK CUTS BASE RATE</TITLE>
<DATELINE> LONDON, March 9 - </DATELINE><BODY>National Westminster Bank Plc said it has
cut its base lending rate 0.5 percentage points to 10.5 pct
today.
National Westminster said that it was responding to general
easing in money market rates.
Its move followed a signal from the Bank of England earlier
this afternoon that it would endorse a half point cut in the
base rate, a surprise move following its strong signals last
week that such a move would be premature.
However, since then the pound has continued to gain
strongly.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19426" NEWID="3008">
<DATE> 9-MAR-1987 08:11:20.25</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0792reute
s f BC-U.S.-FACILITIES-<USRE 03-09 0047</UNKNOWN>
<TEXT>
<TITLE>U.S. FACILITIES <USRE> SEMI-ANNUAL DIVIDEND</TITLE>
<DATELINE> COSTA MESA, Calif., March 9 -
</DATELINE><BODY>Semi-annual dividend 4 cts
Pay May 29
Record April 14
Note: full name is U.S. Facilities Corp. This is first dividend
declared since company completed its initial public offering on
November 7.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19427" NEWID="3009">
<DATE> 9-MAR-1987 08:13:16.75</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F A
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r f BC-STANDARD-PACIFIC-<SPF 03-09 0134</UNKNOWN>
<TEXT>
<TITLE>STANDARD PACIFIC <SPF> ACQUIRES SOUTH BAY S/L</TITLE>
<DATELINE> COSTA MESA, Calif, March 9 - </DATELINE><BODY>Standard Pacific LP said it
has acquired substantially all of the assets and liabilities of
South Bay Savings and Loan Association of Newport Beach.
The firm said over the weekend that it will conduct its
savings and loan activities through Standard Pacific Savings
FA, a Federal stock association.
On Friday, the Federal Home Loan Bank Board in Washington
said it approved the acquisition of South Bay S and L, a 62.5
mln dlr state-chartered stock association, by Standard Pacific,
which has 312.8 mln dlrs in assets.
The Bank Board said that the Federal Savings and Loan
Insurance Corp will make a cash contribution, provide capital
loss coverage and indemnify Standard Pacific against
undisclosed liabilities.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19428" NEWID="3010">
<DATE> 9-MAR-1987 08:13:36.29</DATE>
<TOPICS><D>strategic-metal</D></TOPICS>
<PLACES><D>usa</D><D>south-africa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A
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d f AM-URANIUM 03-09 0135</UNKNOWN>
<TEXT>
<TITLE>U.S. TO ALLOW TEMPORARY IMPORTS OF S.A. URANIUM</TITLE>
<DATELINE> WASHINGTON, March 9 - </DATELINE><BODY>The Treasury Department said it would
temporarily permit imports of South African uranium ore and
oxide pending clarification of anti-apartheid sanctions laws
passed by Congress last fall.
The decision was announced late Friday. It applies, until
July 1, to uranium ore and oxide imported into the U.S. for
processing and re-export to third countries.
The Treasury said it took the action because it felt that
when Congress passed the comprehensive South African sanctions
bill last fall over President Reagan's veto it had not intended
to hurt U.S. industry.
In addition, the Treasury said it would permit U.S.-made
goods to be imported temporarily from South African
state-controlled organizations for repair or servicing.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="19429" NEWID="3011">
<DATE> 9-MAR-1987 08:15:28.61</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>iran</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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