Britain pressed to lower price for crude
Britain faces pressure from major oil firms and industry sources over a proposed North Sea crude price of 30.50 per barrel. They seek 28.50 while OPEC price agreements show tensions and potential price wars amid Soviet cuts and Saudi ministry warnings.
MENTIONED IN THIS ARTICLE
Britain
London
British National Oil Corp
North Sea
OPEC
Peter Lymberg
Petroleum Intelligence Weekly
Organization of Petroleum Exporting Countries
Nigeria
Lymberg
Soviet Union
Europe
Sheik Ahmed Zaki Yamani
Saudi Arabia
Rotterdam
Baltimore contractor pleads guilty in bid-rigging case
In U S District Court Baltimore contractor Donald K Kary president of Asphalt beece Co Inc pleaded guilty to antitrust violations for bid rigging. He agreed to cooperate in a federal probe into rigged highway paving bids involving Barton Mitchell Wright Construction and others. Mitchell and two firms paid hefty fines and prison terms as the antitrust division pursues a wider probe.
MENTIONED IN THIS ARTICLE
Baltimore
U. S
Mit
Kary
Mitchell
Wright Construction
Maryland
Justice Department
Antitrust Division
Mutual fund sales top $3 billion in January record
Mutual funds sold more than $3.0 billion in January, a first in industry history, with net sales at $1.99 billion and total assets reaching $80.1 billion. Equity and long-term municipal bond funds led gains while money market assets fell from December. The Investment Company Institute notes broad investor confidence despite shifting economy.
MENTIONED IN THIS ARTICLE
Investment Company Institute
Aeger
Urey Pe
Eure Uecee
Elbe N
Iset
National Trade Association of the Mutual Fund Industry
Tobacco firm funds university programs at Maryland
Representatives of the R J Reynolds Tobacco Co visited College Park in mid February to present checks totaling 9 000 to agricultural administrators for tobacco production education and computer training via the university’s Cooperative Extension Service. A 5 000 discretionary grant was also earmarked for the dean of the College of Agriculture. Since 1977 Reynolds has contributed 84 876 to tobacco research and education at Maryland and about 4 million to land grant universities nationwide since 1962.
MENTIONED IN THIS ARTICLE
R.J. Reynolds Tobacco Co
Winston-Salem
N.C
College Park
University of Maryland
University
Cooperative Extension Service
College of Agriculture
RJ. Reynolds
Statistical traps in measuring personal economic health
A reflection on how national unemployment rates and disposable income masks individual conditions. Seasonally adjusted figures can mislead about jobs and hardship, while unadjusted counts show higher unemployment. economists warn against treating statistics as exact truths. The piece also notes Middle and lower income groups remain pressured amid apparent gains for the wealthy. Martin Marietta reports selling its Sodyeco unit to a Swiss firm for about 72 million dollars and selling its Thomaston cement plant assets to Cianbro for about 10 million.
MENTIONED IN THIS ARTICLE
New York
Albert Sindlinger
Associated Press
Martin Marietta
Thomaston
Maine
Cianbro Corporation
Pittsfield
Also Mentioned on This Page
William Roth
R-Del
Senate
Government Affairs Permanent
Customs Service
William von Rabb
Miami
Capiton
ATL CM Satellite System Inc
Leesburg
Cannon
Bill Chewning
Mike Ostwind
CNI
IBM
ITT
CBS
Camsat
GTE
John Cunniff
Disraeli
Business Finance
THE
Frederick, Md
Sodyeco
Bethesda
Martin Marietta Corporation
Switzerland
Charlotte, N.C
Handsome
cHoice
Routzahns
Warehous Clearanci
Save Saat
American Express
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