📄 reut2-002.sgm
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remainder through tax hikes, congressional sources said.
He is backing a half and half plan and has made the
suggestion to Democrats on the House Budget Committee
privately, committee sources said.
However, a committee source told Reuters that committee
Democrats already generally favor a plan to cut the deficit
about 40 billion dlrs, half through taxes and the Speaker's
move was seen as building support outside the committee.
Wright's 20 billion dlr revenue raising plan has no
specifics, although he has floated a stock transfer tax and
also has suggested deferring tax cuts due to the wealthy.
Neither of those plans has caught fire yet in Congress, and
some congressmen are cool to the idea of a stock tax.
The Budget committee is considering a 1988 budget aimed at
reducing the estimated deficit of 170 billion dlrs as estimated
by the nonpartisan Congressional Budget Office.
Committee Chairman William Gray has publicly backed a
budget cutting move of 40 billion dlrs but says that will not
reach the Gramm-Rudman deficit target for 1988 of 108 billion
dlrs, although he claims it will be in the spirit of it.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18430" NEWID="2012">
<DATE> 5-MAR-1987 09:31:01.67</DATE>
<TOPICS><D>ship</D></TOPICS>
<PLACES><D>turkey</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C G T M
f0051reute
u f BC-BLIZZARD-CLOSES-BOSPH 03-05 0099</UNKNOWN>
<TEXT>
<TITLE>BLIZZARD CLOSES BOSPHORUS</TITLE>
<DATELINE> ISTANBUL, March 5 - </DATELINE><BODY>Blizzard conditions halted shipping
through the Bosphorus waterway and piled snow up to 70 cms deep
in central Istanbul, paralysing the city for the second day
running.
Snow whipped by 48 kph winds continued to fall on Istanbul
and northwest Anatolia after 36 hours and weather reports
predicted no relief for another two days.
Port officials said at least six large vessels in the Black
Sea and 13 in the Sea of Marmara were waiting for conditions to
improve.
Istanbul's Ataturk international airport has been closed
since yesterday.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18431" NEWID="2013">
<DATE> 5-MAR-1987 09:33:06.03</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0060reute
u f BC-JAPAN-FUND-<JPN>-SEEK 03-05 0100</UNKNOWN>
<TEXT>
<TITLE>JAPAN FUND <JPN> SEEKERS CONFIDENT OF FINANCING</TITLE>
<DATELINE> NEW YORK, March 5 - </DATELINE><BODY>The <Sterling Grace Capital Management
L.P.> group said it is confident financing can be arranged if
The Japan Fund's board recommend's the group's acquisition
proposal.
The group, which also includes <Anglo American Security
Fund L.P.> and T.B. Pickens III, Tuesday proposed an entity it
controls acquire for cash all the assets of Japan Fund for 95
pct of the fund's aggregate net asset value.
The group said it has had a number of meetings over the
past few days with domestic and overseas financial institutions.
The Sterling Grace Capital group said certain of these
institutions have expressed serious interest in providing
financing for the proposed acquisition of Japan Fund, "adding
we are reasonably confident that the financing can be quickly
arranged if the Japan Fund's board of directors is willing to
recommend the transaction to shareholders."
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18432" NEWID="2014">
<DATE> 5-MAR-1987 09:33:18.80</DATE>
<TOPICS></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0061reute
f f BC-******K-MART-CORP-FEB 03-05 0011</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>K MART CORP FEBRUARY SALES UP 13.1 PCT ON COMPARABLE STORE BASIS
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18433" NEWID="2015">
<DATE> 5-MAR-1987 09:34:02.54</DATE>
<TOPICS></TOPICS>
<PLACES><D>tanzania</D><D>canada</D><D>belgium</D><D>west-germany</D><D>uk</D><D>sweden</D><D>italy</D><D>denmark</D><D>zambia</D><D>south-africa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS><D>worldbank</D><D>adb-africa</D><D>ec</D></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
G T M
f0066reute
r f BC-TANZANIAN-RAILWAYS-SE 03-05 0113</UNKNOWN>
<TEXT>
<TITLE>TANZANIAN RAILWAYS SECURE 25.6 MLN DLRS AID</TITLE>
<DATELINE> DAR ES SALAAM, March 5 - </DATELINE><BODY>State-run Tanzania Railway
Corporation (TRC) has secured 25.6 mln dlrs aid from banks and
European countries for a one-year emergency repair program,
Transport Minister Mustafa Nyang'anyi said.
Nyang'anyi told Reuters on his return from a World Bank
sponsored donors' conference in New York that the aid would
enable TRC to buy spares for 32 locomotives, overhaul 800
wagons and replace 67,000 sleepers over the next 12 months.
The World Bank, African Development Bank, European
Community, Canada, Belgium, West Germany, Britain, Sweden,
Italy and Denmark had contributed to the package, he said.
TRC runs a rail network linking Dar es Salaam and the
northern port of Tanga with the coffee-growing area around
Mount Kilimanjaro and ports on Lake Victoria and Lake
Tanganyika.
It is under separate administration from the
Tanzania-Zambia railway linking Dar es Salaam with the Zambian
copperbelt and the railway system of southern Africa, which has
already received substantial aid as part of international
efforts to ease the dependence of landlocked African states on
trade routes through South Africa.
But this is the first international aid package for TRC,
which also carries cargo for Uganda, Zaire and Burundi.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18434" NEWID="2016">
<DATE> 5-MAR-1987 09:34:13.71</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>canada</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
E F
f0068reute
r f BC-pegasus-gold-inc 03-05 0053</UNKNOWN>
<TEXT>
<TITLE>PEGASUS GOLD INC <PGULF> 3RD QTR DEC 31 NET</TITLE>
<DATELINE> VANCOUVER, British Columbia, March 5 -
</DATELINE><BODY>Shr profit 20 cts vs loss two cts
Net profit 2,665,000 vs loss 202,000
Revs 12,141,000 vs 5,993,000
Nine mths
Shr profit 35 cts vs loss 11 cts
Net profit 4,653,000 vs loss 1,167,000
Revs 35.1 mln vs 18.0 mln
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18435" NEWID="2017">
<DATE> 5-MAR-1987 09:34:57.56</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0072reute
u f BC-STOP-AND-SHOP'S-<SHP> 03-05 0083</UNKNOWN>
<TEXT>
<TITLE>STOP AND SHOP'S <SHP> BRADLEES FEBRUARY SALES UP</TITLE>
<DATELINE> BOSTON, March 5 - </DATELINE><BODY>Stop and Shop Cos Inc said sales for the
four weeks ended February 28 for its Bradlees Discount
Department Stores Division were up six pct to 104 mln dlrs from
98 mln dlrs a year before, with same-store sales up three pct.
The company said the modest comparable store sales increase
was due to a combination of difficult weather conditions in the
Northeast, a later Easter this year and a possible slowing in
consumer demand.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18436" NEWID="2018">
<DATE> 5-MAR-1987 09:35:22.89</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
M
f0075reute
d f BC-GM-(GM)-LAYING-OFF-5, 03-05 0083</UNKNOWN>
<TEXT>
<TITLE>GM LAYING OFF 5,500 AT TWO MICHIGAN PLANTS</TITLE>
<DATELINE> DETROIT, March 5 - </DATELINE><BODY>General Motors Corp said it ordered
temporary layoffs of 5,500 hourly workers to cut production and
thereby reduce inventories of cars built at two plants later
this month.
A spokesman said 2,000 workers would be laid off one week
beginning March 9 at GM's Detroit-Hamtramck luxury car plant.
Another 3,500 will be laid off a week effective March 23 at
GM's Lansing, Mich, plant which builds the company's "N-body"
compact cars.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18437" NEWID="2019">
<DATE> 5-MAR-1987 09:36:37.16</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0079reute
r f BC-MITSUBISHI-MOTOR/AMER 03-05 0103</UNKNOWN>
<TEXT>
<TITLE>MITSUBISHI MOTOR/AMERICA FEBRUARY SALES RISE</TITLE>
<DATELINE> FOUNTAIN VALLEY, Calif., March 5 - </DATELINE><BODY>Mitsubishi Motor Sales
of America Inc said sales of all vehicles rose 43.7 pct in
February to 9,735 units from 6,776 in February 1986.
Sales of passenger cars and wagons grew 11.7 pct to 5,314
from 4,758 and truck and van sales more than doubled to 4,421
from 2,018, the affiliate of Mitsubishi Motors Corp said.
Year-to-date total vehicle sales increased 16.5 pct to
14,966 from 12,842.
Car and wagon sales in the two months fell 13.7 pct to
7,640 from 8,848 but sales of trucks and vans grew 83.4 pct to
7,326 from 3,994.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18438" NEWID="2020">
<DATE> 5-MAR-1987 09:38:14.93</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>canada</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
E F
f0085reute
d f BC-keltic-inc 03-05 0036</UNKNOWN>
<TEXT>
<TITLE><KELTIC INC> YEAR NET</TITLE>
<DATELINE> TORONTO, March 5 -
</DATELINE><BODY>Shr 99 cts vs 1.25 dlrs
Net 418,733 vs 235,572
Revs 2,777,425 vs 2,024,116
Note: 1986 shr after November, 1986 600,000 class A
subordinate floating share issue
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18439" NEWID="2021">
<DATE> 5-MAR-1987 09:39:13.96</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0086reute
u f BC-SUPERMARKETS-GENERAL 03-05 0043</UNKNOWN>
<TEXT>
<TITLE>SUPERMARKETS GENERAL <SGC> FEBRUARY SALES RISE</TITLE>
<DATELINE> WOODBRIDGE, N.J. - </DATELINE><BODY>Supermarkets General Corp reported sales
of 424.8 mln dlrs for the four-week period ended Feb 28, 1987,
A 7.2 pct increase over sales of 396.4 mln dlrs for the
comparable period last year.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18440" NEWID="2022">
<DATE> 5-MAR-1987 09:40:41.79</DATE>
<TOPICS><D>money-fx</D><D>interest</D></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f0087reute
b f BC-U.K.-MONEY-MARKET-GIV 03-05 0095</UNKNOWN>
<TEXT>
<TITLE>U.K. MONEY MARKET GIVEN HELP, OFFERED FACILITIES</TITLE>
<DATELINE> LONDON, March 5 - </DATELINE><BODY>The Bank of England said it had given the
money market 206 mln stg of assistance this afternoon and
offered the discount houses borrowing facilities to take out
the rest of the 1.10 billion stg shortage, revised down from an
initial 1.15 billion estimate.
It made no alteration to its established dealing rates,
buying 95 mln stg of band one bank bills at 10-7/8 pct and 111
mln of band two bank bills at 10-13/16 pct. This brings the
Bank's total assistance so far today to 243 mln stg.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="18441" NEWID="2023">
<DATE> 5-MAR-1987 09:40:53.56</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0088reute
u f BC-SUPERMARKETS-GENERAL 03-05 0044</UNKNOWN>
<TEXT>
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