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<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10914" NEWID="6001">
<DATE>17-MAR-1987 10:59:37.95</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A RM Y
f5264reute
r f BC-VALERO-ENERGY-<VLO>-D 03-17 0110</UNKNOWN>
<TEXT>
<TITLE>VALERO ENERGY <VLO> DEBT UPGRADED BY MOODY'S</TITLE>
<DATELINE> NEW YORK, March 17 - </DATELINE><BODY>Moody's Investors Service Inc said it
upgraded Valero Energy Corp's 120 mln dlrs of debt.
Moody's cited an improved leverage position that will
result from Valero's sale of its Valero Natural Gas subsidiary
to Valero Natural Gas Partners L.P., the partial sale of units
of that partnership to the public, and the simultaneous sale of
first mortgage bonds to institutional investors.
Raised were Valero-backed tax-exempt economic development
revenue bonds of Vincennes, Ind, to Baa-3 from B-1, Valero's
subordinated debt to Ba-1 from B-2 and depository preferred
stock to Ba-1 from B-2.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10915" NEWID="6002">
<DATE>17-MAR-1987 11:01:59.32</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5272reute
r f BC-NL-<NL>-FILES-SUITS-A 03-17 0107</UNKNOWN>
<TEXT>
<TITLE>NL <NL> FILES SUITS AGAINST UNITED CATALYSTS</TITLE>
<DATELINE> HIGHTSTOWN, N.J., March 17 - </DATELINE><BODY>NL Industries Inc's NL
Chemicals Inc subsidiary said it filed two complaints against
<United Catalysts Inc> for patent infringements and
misappropriation of confidential information.
NL said the patent infringement suit alleges that United's
product, Thixogel DSS, infringes on NL's patent protecting its
Bentone 128 product.
NL said it filed the patent complaint in the United States
District Court for the Western District of Kentucky, and the
misappropriation complaint in Circuit Court, Jefferson County,
Ky. United Catalysts is based in Louisville, Ky.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10916" NEWID="6003">
<DATE>17-MAR-1987 11:02:40.56</DATE>
<TOPICS><D>acq</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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d f BC-IRVING-TRUST-<V>-BUYS 03-17 0060</UNKNOWN>
<TEXT>
<TITLE>IRVING TRUST <V> BUYS GULF/WESTERN <GW> UNIT</TITLE>
<DATELINE> NEW YORK, March 17 - </DATELINE><BODY>Irving Bank Corp said it bought the
factoring division of Associates Commercial Corp, a unit of
Gulf and Western Co Inc's Associates Corp of North America.
The terms of the previously announced deal were not
disclosed.
It said the assets were transferred to Irving Commercial
Corp.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10917" NEWID="6004">
<DATE>17-MAR-1987 11:03:32.29</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5283reute
r f BC-DITTLER-BROTHERS-SEEK 03-17 0098</UNKNOWN>
<TEXT>
<TITLE>DITTLER BROTHERS SEEK LOTTERY INVESTIGATIONS</TITLE>
<DATELINE> ATLANTA, March 17 - </DATELINE><BODY>Dittler Brothers called for
investigations by the attorneys general of 24 states in
connection with possible violation of state lottery laws by
Bally Manufacturing Corp <BLY> and its subsidiary, Scientific
Games.
Dittler Brothers said it requested the states' law
enforcement chiefs to investigate the companies following last
week's determination by a court-appointed auditor that
Scientific furnished erroneous information to those 24 state
lottery officials.
The states named are spread throughout the country.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10918" NEWID="6005">
<DATE>17-MAR-1987 11:07:22.82</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5302reute
d f BC-AMRE-INC-<AMRE>-3RD-Q 03-17 0039</UNKNOWN>
<TEXT>
<TITLE>AMRE INC <AMRE> 3RD QTR JAN 31 NET</TITLE>
<DATELINE> DALLAS, MArch 17 -
</DATELINE><BODY>Shr five cts vs one ct
Net 196,986 vs 37,966
Revs 15.5 mln vs 8,900,000
Nine mths
Shr 52 cts vs 22 cts
Net two mln vs 874,000
Revs 53.7 mln vs 28.6 mln
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10919" NEWID="6006">
<DATE>17-MAR-1987 11:07:47.91</DATE>
<TOPICS><D>grain</D><D>wheat</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C G
f5304reute
u f BC-KANSAS-LEGISLATOR-TO 03-17 0112</UNKNOWN>
<TEXT>
<TITLE>KANSAS LEGISLATOR TO OFFER U.S. 0/92 BILL TODAY</TITLE>
<DATELINE> WASHINGTON, March 17 - </DATELINE><BODY>U.S. Rep. Dan Glickman, D-Kan.,
chairman of the House Agriculture subcommittee on wheat,
soybeans and feedgrains, said he would today introduce a bill
to apply the so-called 0/92 concept to wheat and feedgrains
producers.
Glickman told Reuters the measure would allow 1987 winter
wheat producers and 1988 feedgrains producers the possibility
of receiving no less than 92 pct of their income support
payments regardless of how much acreage they planted.
He also said his bill would protect program participants
from reduced income payments in the event market prices rose
above the loan rate.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10920" NEWID="6007">
<DATE>17-MAR-1987 11:09:12.10</DATE>
<TOPICS></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
RM
f5308reute
b f BC-C.-ITOH-FINANCE-(EURO 03-17 0112</UNKNOWN>
<TEXT>
<TITLE>C. ITOH FINANCE (EUROPE) ISSUES EUROBOND</TITLE>
<DATELINE> LONDON, March 17 - </DATELINE><BODY>C. Itoh Finance (Europe) Ltd is issuing
a 30 mln dlr deferred coupon eurobond, due March 30, 1992 and
priced at 100.1 pct, Wako International (Europe) Ltd said as
lead manager.
From the third year the bonds will pay interest at a rate
of four pct over six month London interbank borrowed rate
(Libor). They will be issued in denominations of 50,000 dlrs
and will be listed in Luxembourg. Fees of 0.1 pct comprise two
basis points for management and underwriting and eight points
for selling.
Co-leads are Mitsui Trust International and Pru-Bache
Securities International. Pay date is March 30.
The transaction is guaranteed by C. Itoh and Co (Hong Kong)
Ltd, Wako International said.
REUTER
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10921" NEWID="6008">
<DATE>17-MAR-1987 11:09:38.54</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5309reute
r f BC-INTERNATIONAL-LEASE-< 03-17 0083</UNKNOWN>
<TEXT>
<TITLE>INTERNATIONAL LEASE <ILFC> SELLS TWO JETS</TITLE>
<DATELINE> BEVERLY HILLS, Calif., March 17 - </DATELINE><BODY>International Lease
Finance Corp said it sold two Boeing 737-200 aircraft and
leased one 737-200 in two transactions valued at 28 mln dlrs.
It said the sales will result in a pre-tax gain for its
second fiscal quarter ending May 31.
The two jets were sold for 18 mln dlrs to an investor group
and the third was leased for five years to Pacific Western
Airlines Ltd of Calgary, Alberta, International Lease said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10922" NEWID="6009">
<DATE>17-MAR-1987 11:10:08.50</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5314reute
r f BC-HITECH-ENGINEERING-<T 03-17 0057</UNKNOWN>
<TEXT>
<TITLE>HITECH ENGINEERING <THEX> COMPLETES STOCK SALE</TITLE>
<DATELINE> MCLEAN, Va., March 17 - </DATELINE><BODY>HiTech Engineering Co said it
completed the private sale of 200,000 shares of its common
stock to its chairman and president, Francine Prokoski, for
37,500 dlrs.
The company said the proceeds will be used to develop
products under a contract with a private company.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10923" NEWID="6010">
<DATE>17-MAR-1987 11:10:19.73</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5316reute
d f BC-PORTA-SYSTEMS-CORP-<P 03-17 0042</UNKNOWN>
<TEXT>
<TITLE>PORTA SYSTEMS CORP <PSI> 4TH QTR JAN 31 NET</TITLE>
<DATELINE> SYOSSET, N.Y., March 17 -
</DATELINE><BODY>Shr 10 cts vs 11 cts
Net 547,000 vs 579,000
Sales 11.0 mln vs 11.1 mln
Year
Shr 46 cts vs 52 cts
Net 2,500,000 vs 2,841,000
Sales 40.7 mln vs 40.5 mln
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10924" NEWID="6011">
<DATE>17-MAR-1987 11:14:30.93</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5335reute
r f BC-CALIFORNIA-ENERGY-<CE 03-17 0055</UNKNOWN>
<TEXT>
<TITLE>CALIFORNIA ENERGY <CECI> INITIAL OFFER STARTS</TITLE>
<DATELINE> SANTA ROSA, Calif., March 17 - </DATELINE><BODY>California Energy Co Inc
said an initial public offering of 1,900,000 common shares is
underway at 7.50 dlrs each through underwriters led by Laidlaw
Adams and Peck Inc.
The geothermal power company said the offering is expected
to close March 19.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10925" NEWID="6012">
<DATE>17-MAR-1987 11:15:07.84</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES><D>amex</D></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5338reute
r f BC-DIVI-HOTELS-<DVH>-WAR 03-17 0027</UNKNOWN>
<TEXT>
<TITLE>DIVI HOTELS <DVH> WARRANTTRADE ON AMEX</TITLE>
<DATELINE> NEW YORK, March 17 - </DATELINE><BODY>Divi Hotels NV of Aruba said its
warrants have started trading today on the <American Stock
Exchange>.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10926" NEWID="6013">
<DATE>17-MAR-1987 11:15:13.82</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f5339reute
f f BC-******FEDERATED-DEPAR 03-17 0012</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>FEDERATED DEPARTMENT STORES INC 4TH QTR SHR 3.64 DLRS VS 3.16 DLRS
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="10927" NEWID="6014">
<DATE>17-MAR-1987 11:15:25.35</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
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