📄 reut2-005.sgm
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the company said.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9936" NEWID="5023">
<DATE>13-MAR-1987 15:40:26.67</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
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<EXCHANGES></EXCHANGES>
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<UNKNOWN>
A
f0301reute
d f BC-JWP-<JWP>-SELLS-30-ML 03-13 0053</UNKNOWN>
<TEXT>
<TITLE>JWP <JWP> SELLS 30 MLN DLRS OF NOTES</TITLE>
<DATELINE> LAKE SUCCESS, N.Y., March 13 - </DATELINE><BODY>JWP Inc said it sold 30 mln
dlrs principal amount of its 9.25 pct senior notes due 1996 to
certain institutional lenders.
The company said about 15 mln dlrs of the proceeds will be
used to pay debt and the balance for general corporate purposes.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9937" NEWID="5024">
<DATE>13-MAR-1987 15:41:03.47</DATE>
<TOPICS></TOPICS>
<PLACES></PLACES>
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<UNKNOWN>
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f f BC-******S/P-UPGRADES-UN 03-13 0010</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>S/P UPGRADES UNION CARBIDE CORP'S 1.2 BILLION DLRS OF DEBT
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9938" NEWID="5025">
<DATE>13-MAR-1987 15:41:10.37</DATE>
<TOPICS></TOPICS>
<PLACES></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
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<UNKNOWN>
RM
f0303reute
f f BC-ELECTRICITE-DE-FRANCE 03-13 0014</UNKNOWN>
<TEXT TYPE="BRIEF">
******<TITLE>ELECTRICITE DE FRANCE SAYS IT WILL LAUNCH EURO-COMMERCIAL PAPER PROGRAM ON MONDAY
</TITLE>Blah blah blah.

</TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9939" NEWID="5026">
<DATE>13-MAR-1987 15:41:31.04</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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d f BC-STORAGE-TECH-<STK>-IN 03-13 0104</UNKNOWN>
<TEXT>
<TITLE>STORAGE TECH <STK> IN DISCUSSIONS WITH IRS</TITLE>
<DATELINE> VAIL, Colo., March 13 - </DATELINE><BODY>Storage Technology Corp said it is
holding dicussions with the Internal Revenue Service that could
end their dispute over the amount of back taxes owed by the
company.
"We are currently pursuing discussions with the IRS that
could lead to a final solution," Stephen G. Jerritts, president
and chief operating officer said. "Simultaneously, we are
taking all necessary actions to try to expedite the court
appeal process, resolve these issues and allow final court
approval of the plan of reorganization, by our target date of
June 30, 1987," he said.
Last year, Storage Technology's bankruptcy court ruled that
the company owed about 25 mln dlrs in taxes, an amount much
lower than the IRS is seeking.
The IRS has appealed the court's decision.
Jerritts also said his company and <Siemens AG> of West
Germany extended an agreement under which Storage Technology
distributes a laser printer made by Siemens.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9940" NEWID="5027">
<DATE>13-MAR-1987 15:41:46.52</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C M
f0306reute
d f BC-U.S.-EARLY-MARCH-CAR 03-13 0128</UNKNOWN>
<TEXT>
<TITLE>U.S. EARLY MARCH CAR SALES OFF 2.2 PCT</TITLE>
<DATELINE> DETROIT, March 13 - </DATELINE><BODY>Retail sales of new cars by U.S.
automakers eased 2.2 pct in early March to the weakest levels
since 1983, with industry giant General Motors Corp down 9.3
pct while Ford Motor Co and Chrysler Corp both had gains.
The decline by GM continued its trend of weaker sales since
the beginning of the 1987 model year, which has forced the
world's biggest corporation to cut its car production several
times through temporary and permanent layoffs at various
plants.
Consumer incentives apparently had some success, analysts
said, as the seasonally adjusted annualized sales rate improved
to 7.5 mln compared with about 7.0 mln in late February. The
eight domestic carmakers sold 8.2 mln units during 1986.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="NO" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9941" NEWID="5028">
<DATE>13-MAR-1987 15:42:09.99</DATE>
<TOPICS></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
F
f0310reute
h f BC-CAPITAL-INVESTMENTS-F 03-13 0038</UNKNOWN>
<TEXT>
<TITLE>CAPITAL INVESTMENTS FORMS UNIT</TITLE>
<DATELINE> BOCA RATON, Fla., March 13 - </DATELINE><BODY><Capital Investments
Development Corp> said it formed Bradford-Taylor Clearing House
Inc, a unit that will compile mailing lists for use by the
direct mail industry.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9942" NEWID="5029">
<DATE>13-MAR-1987 15:45:20.31</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
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f0315reute
d f BC-WEIGH-TRONIX-INC-<WGH 03-13 0047</UNKNOWN>
<TEXT>
<TITLE>WEIGH-TRONIX INC <WGHT> 4TH QTR NET</TITLE>
<DATELINE> FAIRMONT, MINN., March 13 -
</DATELINE><BODY>Shr 18 cts vs 16 cts
Net 348,298 vs 308,927
Sales 4,166,750 vs 3,740,970
Year
Shr 72 cts vs 52 cts
Net 1,409,867 vs 1,020,096
Sales 16.5 mln vs 15.0 mln
Avg shrs 1,974,529 vs 1,956,214
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9943" NEWID="5030">
<DATE>13-MAR-1987 15:45:27.49</DATE>
<TOPICS></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
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<COMPANIES></COMPANIES>
<UNKNOWN>
RM F A
f0316reute
r f BC-GOLDMAN-SACHS-GIVEN-B 03-13 0099</UNKNOWN>
<TEXT>
<TITLE>GOLDMAN SACHS GIVEN BOGUS EXXON BONDS IN TRADE</TITLE>
<DATELINE> LONDON, March 13 - </DATELINE><BODY>Goldman Sachs International Corp
received forged bonds of a unit of Exxon Corp <XON> in a trade,
a spokesman for Goldman Sachs and Co Inc said in a telephone
conversation from New York.
He said the transaction left Goldman Sachs International
with an exposure of about 2.2 mln dlrs but that it had
insurance to cover the loss.
The spokesman was responding to an enquiry about an item in
the London "Standard" newspaper, which said Goldman Sachs "is
feared to be the victim of a new multi-million pound City
scandal."
The newspaper also said, "The firm (Goldman Sachs) is
believed to be the paying agent for some 900 bonds issued in
the name of oil giant Exxon which were deposited at banks in
Brussels and have now been found to be forgeries."
The spokesman said that the bonds were delivered to the
firm by a man working on behalf of a third party. He said it
wasn't until the bonds were cleared through Euro-clear (a major
clearing house for the eurobond market) that it was discovered
they were forgeries.
The spokesman also said he believed that the intermediary
had been apprehended by police. However, a spokesman for the
City of London police said he was unaware of such an arrest and
could neither confirm nor deny it.
Last Friday, Exxon Corp said forgeries of a 20-year zero
coupon euronote issued by its Exxon Capital Corp subsidiary
have been discovered in the European market. It also said
Morgan Guaranty Trust Co was the fiscal agent and paying agent
and that Morgan, Euro-clear and Cedel (another major clearing
system) and police in London and Brussels were investigating
the case.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9944" NEWID="5031">
<DATE>13-MAR-1987 15:45:35.38</DATE>
<TOPICS><D>livestock</D><D>carcass</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS><D>ec</D></ORGS>
<EXCHANGES></EXCHANGES>
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<UNKNOWN>
F
f0317reute
d f BC-U.S.-MEAT-GROUP-TO-FI 03-13 0109</UNKNOWN>
<TEXT>
<TITLE>U.S. MEAT GROUP TO FILE TRADE COMPLAINTS</TITLE>
<DATELINE> WASHINGTON, March 13 - </DATELINE><BODY>The American Meat Institute, AME,
said it intended to ask the U.S. government to retaliate
against a European Community meat inspection requirement.
AME President C. Manly Molpus also said the industry would
file a petition challenging Korea's ban of U.S. meat products.
Molpus told a Senate Agriculture subcommittee that AME and
other livestock and farm groups intended to file a petition
under Section 301 of the General Agreement on Tariffs and Trade
against an EC directive that, effective April 30, will require
U.S. meat processing plants to comply fully with EC standards.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9945" NEWID="5032">
<DATE>13-MAR-1987 15:47:27.24</DATE>
<TOPICS></TOPICS>
<PLACES><D>uk</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
A RM
f0322reute
u f BC-EDF-TO-LAUNCH-EURO-CP 03-13 0116</UNKNOWN>
<TEXT>
<TITLE>EDF TO LAUNCH EURO-CP PROGRAM MONDAY</TITLE>
<DATELINE> LONDON, March 13 - </DATELINE><BODY><Electricite de France> (EdF) will make
its first offering of Euro-commercial paper in the
international market on Monday, EdF chief financial officer
Daniel Lallier said in a telephone call from Paris.
The program was announced in late January and dealers
expect the company will be pushing to maintain its ability to
obtain some of the finest terms available in the international
markets.
Lallier did not say how much would be offered, although he
has noted that EDF would be cautious because it believes the
market is still in its infancy. In January he said EdF may not
issue more than 300 to 500 mln dlrs of paper this year.
EdF plans to oversee the program itself, with Goldman Sachs
International Corp, Morgan Guaranty Ltd and Salomon Brothers
International Ltd acting as dealers for the general program,
which will be aimed at institutional and retail investors.
Union Bank of Switzerland will act as dealer for a specific
program, which is aimed at smaller retail investors.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9946" NEWID="5033">
<DATE>13-MAR-1987 15:47:50.80</DATE>
<TOPICS><D>grain</D><D>corn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
<ORGS></ORGS>
<EXCHANGES><D>cbt</D></EXCHANGES>
<COMPANIES></COMPANIES>
<UNKNOWN>
C G
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b f BC-/CBT-TRADERS-SAY-U.S. 03-13 0138</UNKNOWN>
<TEXT>
<TITLE>CBT TRADERS SAY U.S. CONSERVATION SIGNUP NEUTRAL</TITLE>
<DATELINE> CHICAGO, March 13 - </DATELINE><BODY>The 11,254,837 acres of highly erodable
farmland submitted to the U.S. Department of Agriculture for
the conservation reserve program was within trade guesses of
10-12 mln and should have an overall neutral impact on grain
and soybean prices Monday, grain traders said.
Farmers enrolled 1,894,764 acres of corn base acreage in
the conservation program to take advantage of a corn bonus
rental payment that was offered by the USDA, which may underpin
new crop futures, they said.
New crop corn prices firmed earlier this week on ideas of a
large sign-up in the program. But traders noted that the poor
yielding acres being set-aside will result in only a modest
decrease in final production figures, since farmers will
concentrate on high yielding land.
Of a total 11,254,837 erodoble acres submitted, usda
accepted 10,572,402 acres into the program at an average rental
payment of 51.17 dlrs per acre.
Farm land signed up to date now totals 19,488,587 acres.
Reuter
</BODY></TEXT>
</REUTERS>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="9947" NEWID="5034">
<DATE>13-MAR-1987 15:48:34.01</DATE>
<TOPICS><D>earn</D></TOPICS>
<PLACES><D>usa</D></PLACES>
<PEOPLE></PEOPLE>
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<UNKNOWN>
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f0330reute
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