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    It was not clear how the Senate Budget panel head would
achieve the savings in Commodity Credit Corp outlays. Aides to
Chiles would not comment on how the CCC savings would be made.
    Recently the Congressional Budget Office released a report
listing possible price and income support program savings.
    The options included lowering target prices, increasing
unpaid acreage reduction programs, targeting income support
payments to specific groups of producers, limiting the use of
generic commodity certificates, raising loan rates and
"decoupling" income support payments from production decisions.
    Chiles proposed saving about 100 mln dlrs by freezing the
U.S. Agriculture Department's discretionary spending functions
which include research and credit programs, Senate staff said.
    The Florida senator's plan also would provide 30 mln dlrs
for organic farming research and 20 mln dlrs for homeless aid.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17085" NEWID="11024">
<DATE>30-MAR-1987 14:54:12.48</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D><D>south-africa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2301&#31;reute
u f BC-newmont-mining-&lt;nem>   03-30 0112</UNKNOWN>
<TEXT>&#2;
<TITLE>NEWMONT MINING &lt;NEM> SEEKS SOUTH AFRICAN SALE</TITLE>
<DATELINE>    NEW YORK, March 10 - </DATELINE><BODY>Newmont Mining Corp will seek
favorable terms for sale of its South African investments, the
proxy statement for its annual meeting said.
    Recommending that shareholders vote against a proposal
calling expeditious withdrawal from South Africa, the proxy
said "a quick sale could be akin to abandonment" because of the
depressed state of metal mining stocks and exchange rates on
capital withdrawals from South Africa.
    The proxy said the company gave close consideration to
alternatives to the continued holdings of four existing South
African metal mining investments during the past year.
    Pointing out "a measurable number of investors incline to
support" resolutions calling for South African divestment as
part of their effort to avoid pressure to sell a given stock,
the company said "this largely unspoken agenda of many
supporters of disinvestment does receive attention by the
corporation."
    Because of this, Newmont Mining said it "is prepared to
consider, and will seek, favorable terms for sale of its South
African investments," but asked stockholders to reject the
resolution calling for withdrawal and leave the matter to the
continuing judgment of management.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17086" NEWID="11025">
<DATE>30-MAR-1987 15:00:51.14</DATE>
<TOPICS><D>crude</D></TOPICS>
<PLACES><D>venezuela</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;Y
&#22;&#22;&#1;f2311&#31;reute
u f BC-VENEZ-   03-30 0109</UNKNOWN>
<TEXT>&#2;
<TITLE>VENEZUELA WANTS TO BOOST ITS REFINING CAPACITY</TITLE>
<DATELINE>    SAN ANTONIO, TEXAS, March 30 - </DATELINE><BODY>Venezuela's state oil
company Petroleos de Venezuela S.A. wants to raise its
worldwide refining capacity by 150,000 barrels of per day, a
company official attending the National Petroleum Refiners
Association meeting here said.
    He declined to be identified but said PdVSA has the
capacity to refine about 650,000 bpd of crude oil from refining
centers
in Venezuela, Sweden, West Germany, Belgium, and the United
States. The company recently purchased a 50 pct stake in the
Corpus Christi, Texas refinery of Champlin Petroleum Co, a
subsidiary of Union Pacific Corp &lt;UNP>.
    Earlier it bought a similar stake in the Lake Charles, La
refinery owned by Citgo Petroleum Corp, a unit of Southland
Corp &lt;SLC>.
     According to the official, Venezuela is searching
worldwide for the additional refining capacity but he did not
mention where the company was looking. 
    Refineries abroad, he said, guarantee a refining outlet for
Venezuelan crude oil while ensuring stability of supply to
refiners.
    He said Venezuela currently  produces about 1.4 mln bpd of
crude oil, which is in line with its 1.495 bpd OPEC ceiling.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17087" NEWID="11026">
<DATE>30-MAR-1987 15:02:17.84</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2316&#31;reute
r f BC-AUDI-OFFERS-CASH-INCE   03-30 0132</UNKNOWN>
<TEXT>&#2;
<TITLE>AUDI OFFERS CASH INCENTIVE TO CURRENT OWNERS</TITLE>
<DATELINE>    TROY, MICH., March 30 - </DATELINE><BODY>Audi of America Inc said it
introduced the "Audi Private Purchase Plan" in which it will
offer 5,000 dlr purchase certificates exclusively to current
owners of 1984-86 Audi 5000 vehicles.
    It said owners must apply the certificates toward purchase
or lease of any new 1987 Audi 5000 series vehicle.
    The program will run between April 1 and June 30, and more
than 150,000 certificates will be mailed.
    A company spokesman said eligible owners need not trade in
their old cars to take advantage of the offer.
    He also said the scheme was not prompted by the fact that
Audi had to recall thousands of its cars earlier this year to
correct a possible defect that caused some of the cars to
accelerate suddenly.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17088" NEWID="11027">
<DATE>30-MAR-1987 15:05:58.06</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2335&#31;reute
r f BC-PRIMEBANK-&lt;PMBK>-SETS   03-30 0037</UNKNOWN>
<TEXT>&#2;
<TITLE>PRIMEBANK &lt;PMBK> SETS 10 PCT STOCK DIVIDEND</TITLE>
<DATELINE>    GRAND RAPIDS, Mich., March 30 - </DATELINE><BODY>PrimeBank Federal Savings
Bank said its board declared a 10 pct stock dividend to be
distributed about April 15 to holders or record March 31.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17089" NEWID="11028">
<DATE>30-MAR-1987 15:06:30.04</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2336&#31;reute
d f BC-AMERICAN-LOCKER-GROUP   03-30 0074</UNKNOWN>
<TEXT>&#2;
<TITLE>AMERICAN LOCKER GROUP INC &lt;ALGI> 4TH QTR NET</TITLE>
<DATELINE>    JAMESTOWN, N.Y., March 30 -
    </DATELINE><BODY>Shr profit 23 cts vs loss six cts
    Net profit 319,564 vs loss 84,203
    Sales 6,419,230 vs 5,583,560
    Year
    Shr profit 1.11 dlrs vs profit 43 cts
    Net profit 1,582,125 vs profit 654,083
    Sales 26.2 mln vs 22.6 mln
    NOTE: Full year 1985 includes gains of two cts per share
from discontinued operations and four cts per share from
disposal of assets.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17090" NEWID="11029">
<DATE>30-MAR-1987 15:15:20.33</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2351&#31;reute
b f BC-TAFT   03-30 0087</UNKNOWN>
<TEXT>&#2;
<TITLE>BASS GROUP SAYS IT HAS HAD TALKS ON TAFT &lt;TFB></TITLE>
<DATELINE>    WASHINGTON, March 30 - </DATELINE><BODY>A group led by members of the
wealthy Bass family of Fort Worth, Texas, which holds a 24.9
pct stake in Taft Broadcasting Co, said it has had talks about
taking part in a move to take control of the company.
    In a filing with the Securities and Exchange Commission,
the group said it has had discussions with other Taft
stockholders and some company managers and directors
"concerning participation in a group to acquire control" of the
company.
    The Bass group, which did not identify any of the other
people with whom it said it has had talks, said it plans to
continue evaluating Taft and "will be involved in further
discussions relating to the future control and direction" of
the company.
    The group, which holds 2,291,210 Taft common shares, said
its members may buy more shares of Taft common stock, or may
decide to sell some or all of its stake.
    On Friday Taft said it would negotiate with a group led by
its vice chairman, Dudley Taft, and a Rhode Island investment
firm, which had offered 150 dlrs a share for the company.
    The Dudley Taft group, Theta Corp, which also includes
Narragansett Capital Corp, a Providence, R.I., investment firm,
is seeking to take the company private in a leveraged buyout
valued at 1.38 billion dlrs.
    Besides the Bass group, another major Taft shareholder,
Cincinnati, Ohio, financier Carl Lindner, has also said he has
had talks about increasing his stake in the company, taking
part in a takeover effort, or launching one himself.
    Lindner controls 1,489,298 shares of Taft common stock, or
16.2 pct of the total.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17091" NEWID="11030">
<DATE>30-MAR-1987 15:16:34.99</DATE>
<TOPICS><D>iron-steel</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;MQ FQ
&#22;&#22;&#1;f2355&#31;reute
u f BC-us-steel-production   03-30 0077</UNKNOWN>
<TEXT>&#2;
<TITLE>U.S. STEEL PRODUCTION ROSE 1.3 PCT IN WEEK</TITLE>
<DATELINE>   New York, March 30 - </DATELINE><BODY>Steel production rose
1.3 pct to 1,696,000 short tons in the
week ended March 28 from 1,675,000 short
tons, the American Iron and Steel Institute
reported
   Production so far this year was 18,810,000 tons adjusted off
14.6 pct from 22,016,000 tons
produced by the nations mills a year ago.
    Utilization for the week of March 28 was   78.7 pct and for
the week of March 21 was      was 77.8 pct.      
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17092" NEWID="11031">
<DATE>30-MAR-1987 15:17:57.62</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2366&#31;reute
r f BC-NORTH-AMERICAN-GROUP   03-30 0070</UNKNOWN>
<TEXT>&#2;
<TITLE>NORTH AMERICAN GROUP &lt;NAMG> 4TH QTR OPER LOSS</TITLE>
<DATELINE>    CHICAGO, March 30 -
    </DATELINE><BODY>Oper shr loss 12 cts vs loss 10 cts
    Oper net loss 474,270 vs loss 369,848
    Revs 202,500 vs 111,210
    Avg shrs 3,904,373 vs 3,495,579
    Year
    Oper shr loss 28 cts vs loss 46 cts
    Oper net loss 1,069,550 vs loss 893,612
    Revs 408,031 vs 438,933
    Avg shrs 3,785,607 vs 1,944,627
    NOTE: Full name is North American Group Ltd
    Earnings exclude losses on reorganization expenses of
33,453 dlrs, or one ct a share vs 59,520 dlrs, or two cts a sh
are in the quarter and losses of 237,859 dlrs, or six cts a
share vs 413,444 dlrs, or 21 cts a share for the year
    Earnings exclude gains on discontinued operations of
147,671, or four cts a share in the 1985 quarter and gains of
760,603 dlrs, or 20 cts a share vs 520,200 dlrs, or 27 cts a
share for the year
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17093" NEWID="11032">
<DATE>30-MAR-1987 15:18:39.33</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN> 
&#5;&#5;&#5;F
&#22;&#22;&#1;f2371&#31;reute
u f BC-PAY-'N-PAK-&lt;PNP>-TO-E   03-30 0079</UNKNOWN>
<TEXT>&#2;
<TITLE>PAY 'N PAK &lt;PNP> TO EXPLORE ITS ALTERNATIVES</TITLE>
<DATELINE>    KENT, Wash., March 30 - </DATELINE><BODY>Pay 'N Pak Stores Inc said it
intends to explore all alternatives for the purpose of
maximizing its value to stockholders.
    The company said it also retained Salomon Brothers Inc as
its financial advisor to assist it in this regard.
    Last week investor Paul Bilzerian reported that he holds a
7.2 pct stake in Pay 'N Pak and is considering seeking control
of the retail building materials firm.
    In a filing with the Securities and Exchange Commission
Bilzerian said he and a Tampa, Fla., investment firm he
controls called Bicoastal Financial Corp, may acquire
additional Pay 'N Pak shares, or they may seek to acquire one
or more positions on the company's board.
    He also said in the filing that he may attempt to obtain  a
controlling interest through a tender offer or otherwise.
 Reuter
&#3;</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="17094" NEWID="11033">
<DATE>30-MAR-1987 15:20:25.66</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>

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