(1 () (HOG AND CATTLE SLAUGHTER GUESSTIMATES) (CHICAGO *comma* April 29) (Chicago Mercantile Exchange floor traders and commission house representatives are guesstimating today *apostrophe* s hog slaughter at about 275 *comma* 000 to 285 *comma* 000 head versus 283 *comma* 000 week ago and 312 *comma* 000 a year ago *period* Cattle slaughter is guesstimated at about 125 *comma* 000 to 128 *comma* 000 head versus 124 *comma* 000 week ago and 136 *comma* 000 a year ago *period* Reuter)) (2 () (HOG AND CATTLE SLAUGHTER GUESSTIMATES) (CHICAGO *comma* June 15) (Chicago Mercantile Exchange floor traders and commission house representatives are guesstimating today *apostrophe* s hog slaughter at about 250 *comma* 000 to 270 *comma* 000 head versus 249 *comma* 000 week ago and 261 *comma* 000 a year ago *period* Cattle slaughter is guesstimated at about 126 *comma* 000 to 131 *comma* 000 head versus 126 *comma* 000 week ago and 131 *comma* 000 a year ago *period* Reuter)) (3 () (PECHINEY TO SELL PART OF STAKE IN CANADA PLANT) (PARIS *comma* April 29) (French state *dash* owned aluminium and special metals group Pechiney is planning to sell 25 pct of a Canadian aluminium plant at Becancour to the U *period* S *period* *apostrophe* s Reynolds Metals Co over the coming weeks *comma* the company said *period* Pechiney currently holds a majority 50 *period* 1 pct stake in the plant *period* The company also said it planned an agreement soon with Italy *apostrophe* s *comma* a 57 pct owned subsidiary of related to cupreous products *period* No further details were available *period* REUTER)) (4 () (TAIWAN BUYS 81 *comma* 000 TONNES OF U *period* S *period* MAIZE) (TAIPEI *comma* April 29) (The joint committee of Taiwan *apostrophe* s maize importers awarded contracts to two U *period* S *period* Firms to supply two shipments totalling 81 *comma* 000 tonnes *comma* a committee spokesman said *period* Continental Grain Co of New York won a contract for the supply of 54 *comma* 000 tonnes *comma* priced at 96 *period* 17 U *period* S *period* Dlrs a tonne c and f Taiwan for delivery between May 21 and June 5 *period* Gulf Coast Grain Inc of Memphis *comma* Tennessee *comma* won a contract for 27 *comma* 000 tonnes at 100 *period* 75 dlrs a tonne also c and f Taiwan *comma* for May 21 *dash* June 5 delivery *period* REUTER)) (5 () (SOVIET SPRING CROPS SOWN ON ONLY 11 PCT OF LAND) (****MOSCOW *comma* April 29) (Soviet farmers had sown spring crops on only 15 *period* 8 mln hectares or 11 pct of cultivated land by April 27 *comma* compared with 26 *period* 2 mln ha by April 21 *comma* 1986 *comma* Izvestia said *period* Grains and pulses *lparen* except maize *rparen* were sown on 6 *period* 7 mln ha *comma* compared with 13 *period* 1 mln at the same time last year *comma* it added *period* Spring sowing is off to a slow start *comma* with planting two to four weeks behind schedule in many areas of the Ukraine *comma* Byelorussia and Russia *comma* because the winter was unusually cold *period* Western agricultural experts believe the crop could still be good but heavy winterkill will make it difficult to reach the 1987 grain target of 232 mln tonnes *period* The 1986 crop was 210 mln *period* Reuter)) (6 () (TAIWAN ISSUES MORE CD *quote* S AS RESERVES HIT RECORD) (TAIPEI *comma* April 29) (The Central Bank issued 5 *period* 68 billion Taiwan dlrs *apostrophe* worth of certificates of deposit *lparen* cd *apostrophe* s *rparen* *comma* bringing issues so far this year to 180 *period* 16 billion dlrs against 40 billion issued a year earlier *comma* a bank spokesman said *period* The new cd *apostrophe* s *comma* with maturities of six months *comma* one and two years *comma* bear interest of 4 *period* 03 to 5 *period* 12 pct *period* The issues are intended to help curb the growth of m *dash* 1b money supply resulting from large foreign exchange reserves which the bank said today had reached a record 56 billion U *period* S *period* Dlrs *period* REUTER)) (7 () (TAIWAN ISSUES MORE CDS TO CURB MONEY SUPPLY GROWTH) (TAIPEI *comma* June 16) (The Central Bank has issued 8 *period* 29 billion Taiwan dlrs worth of certificates of deposit *lparen* CDs *rparen* *comma* raising total CD issues so far this year to 228 *period* 27 billion *comma* a bank official told Reuters *period* The CDs *comma* with maturities of six months *comma* one and two years *comma* bear interest rates ranging from 4 *period* 05 to 5 *period* 25 pct *comma* she said *period* The issues are intended to help curb the growth of the M *dash* 1b money supply which is expanding due to the rise in Taiwan *apostrophe* s foreign exchange reserves *comma* now at some 60 billion U *period* S *period* Dlrs *period* REUTER)) (8 () (INDIUM CORP RAISES PRODUCER LIST PRICE) (LONDON *comma* April 6) (Indium Corp of America said it has raised its list price for indium ingots *comma* minimum 99 *period* 97 pct *comma* to 4 *period* 50 dlrs per troy ounce from 3 *period* 95 dlrs *comma* effective immediately *period* Traders said the rise was based on continuing strong consumer demand in the United States and Japan *period* Free market price ideas rose this morning to a nominal range of 135 to 145 dlrs per kilo *comma* the highest level for about five years *comma* compared with 125 *slash* 132 dlrs on Friday *comma* dealers said *period* REUTER)) (9 () (MINAS DE ALMADEN TO HOLD MADRID MERCURY CONFERENCE) (MADRID *comma* April 6) (Spain *apostrophe* s Minas de Almaden y Arrayanes S *period* A *period* Said it will host a conference of mercury producers here at the end of April to study how to stimulate low mercury prices *period* Last week *comma* Almaden and Algerian producer ENOF agreed to establish a minimum price of 300 dlrs per flask *lparen* 34 *period* 5 kilos *rparen* for spot mercury sales *comma* up from the previous minimum of 240 dlrs *period* A Minas de Almaden statement said the non *dash* communist world *apostrophe* s main mercury producers had decided not to sign any contracts using the reference price of specialist publications *comma* because it was well below their costs of production *period* REUTER)) (10 () (AMAX INC USES POND SYSTEM FOR MAGNESIUM) (SALT LAKE CITY *comma* Utah *comma* June 15) (AMAX Inc unit *comma* AMAX Magnesium Corp *comma* said it will build a Knolls Solar Evaporation Pond System for recovery of magnesium *period* The company said the system will replace a previous recovery system which was flooded in 1986 *period* The company said construction should be complete by 1988 and in full production by 1989 *period* Reuter)) (11 () (REAGAN WARNS ON FURTHER DOLLAR FALL) (WASHINGTON *comma* April 29) (President Reagan said a further decline in the value of the dollar could be counterproductive *period* In written answers to questions put by Japan *apostrophe* s Asahi Shimbun newspaper *comma* he noted Treasury Secretary James Baker had said all seven major industrial nations were committed to cooperating in fostering stability of exchange rates *period* *quote* We all believe a further decline of the dollar could be counterproductive *comma* *quote* Reagan said *period* Reagan said the best way for the United States to reduce its trade deficit was to export more *period* He said Japan could make a major contribution to reducing external imbalances and sustaining world economic growth by adopting policies to promote stronger domestic demand in the short *dash* run and *comma* in the long *dash* run *comma* implementing structural reforms to ease Japanese dependence on exports as a source of growth *period* Reuter)) (12 () (NY MEAT CUTTERS UNION REJECTS LATEST OFFER) (CHICAGO *comma* April 29) (Members of local 174 of the United Food and Commercial Workers *lparen* UFCW *rparen* union *comma* representing 1 *comma* 900 meat cutters in New York city *comma* yesterday rejected the latest management offer on a new contract *period* *quote* Members rejected the latest offer by a 2 to 1 margin *comma* *quote* Bob Wilson *comma* executive officer of local 174 said *period* But workers have been asked to remain on the job while negotiations continue *period* The union has been in negotiations with the Greater New York Association of Meat and Poultry Dealers *comma* a group of meat wholesalers and distributors *period* The contract expired April 26 and the latest management offer sought *quote* give backs *quote* in holiday and sick leave which the membership rejected *comma* Wilson said *period* Reuter)) (13 () (USDA PROGRAM TO FIGHT SCREWWORMS IN LIVESTOCK) (WASHINGTON *comma* April 29) (Sterile screwworm flies will be released this weekend in Miami *comma* Florida *comma* and Albuquerque *comma* New Mexico *comma* to combat a potential outbreak of screwworms *comma* a serious pest of livestock *comma* the Agriculture Department said *period* The action follows identification April 21 of screwworm larvae in a hunting dog which passed through airports in Miami and Albuquerque while being returned to the United States from Venezuela *comma* it said *period* Sexually sterilized screwworm flies will be released twice a week for six weeks in an effort to eradicate any breeding populations of the flies *period* Adult femals usually mate only once in their lifetime and eggs resulting from matings between sterile and fertile flies will not hatch *comma* thus ending the life cycle *comma* it said *period* Reuter)) (14 () (POGO SEES INCREASING OIL PRODUCTION) (HOUSTON *comma* April 28) (Pogo Producing Co said it should gain some 700 to 800 barrels per day of additional oil production when new onshore wells start production in June *period* The company said work on offshore properties appears to be on schedule to complete the addition before year end of about 10 mln cubic feet of gas and 400 barrels of liquids to Pogo *apostrophe* s daily producing capabilities *period* In the first quarter *comma* liquids production averaged 8 *comma* 525 barrels daily *comma* down from 11 *comma* 233 barrels a day in the year earlier quarter *period* Reuter)) (15 () (OCCIDENTAL HAS STAKE IN NORWAY OIL FIND) (LOS ANGELES *comma* April 28) (Occidental Petroleum Corp said a group in which it is a participant discovered oil in the offshore Norwegian North Sea Block 9 *slash* 2 *dash* 1 exploratory well *period* The well tested at a maximum rate of 6 *comma* 800 barrels of 39 degree API gravity oil and 918 thousand cubic feet of gas through a 3 *slash* 4 inch choke *period* The well *comma* the first to be drilled on the block *comma* was drilled in about 320 feet of water to a total depth of 12 *comma* 228 feet subsea *period* Occidental has a 10 *dash* pct stake in the 136 *comma* 067 *dash* acre block operated by Statoil *comma* the Norwegian state oil company *comma* which holds a 50 pct interest *period* Reuter)) (16 () (MORGAN STANLEY GROUP UNIT IN GAS DEAL) (HOUSTON *comma* April 28) (Morgan Stanley Group Inc unit Natural Gas Clearinghouse Inc said it has reached agreement with *lparen* Pan *dash* Alberta Gas Ltd *rparen* of Canada to import substantial quantities of natural gas for its U *period* S *period* customers *period* The company said potentially 500 mln cubic feet a day of Canadian natural gas could be imported under the agreement *period* It said the natural gas would be competitively priced but did not refer to specific prices *period* Pan *dash* Alberta is owned by Nova and Alberta Energy Co *comma* the company added *period* Reuter)) (17 () (PREMIERS *comma* GOVERNORS PUSH EAST COAST DEVELOPMENT) (Halifax *comma* Newfoundland *comma* June 15) (The premiers of Canada *apostrophe* s eastern provinces and the governors of America *apostrophe* s New England states urged development of Canada *apostrophe* s offshore oil and gas fields and construction of a pipeline from Nova Scotia to New England *period* Newfoundland premier Brian Peckford *comma* speaking to the annual conference of New England and eastern Canadian leaders *comma* said development would prevent a repetition of the energy crisis of the early 1970s *period* The group also agreed to discuss energy and security of supply next spring *period* Drilling off Canada *apostrophe* s Atlantic coast has stalled since world oil prices began tumbling two years ago *period* The resolution supporting a natural gas pipeline from Nova Scotia to New England has been on the agenda for six years *comma* and this is the sixth year it has been approved *period* The two *dash* day conference ends tomorrow *period* Reuter)) (18 () (ECUADOR ACCEPTS EXPLORATION BIDS) (QUITO *comma* June 15) (Ecuador is accepting bids from companies wishing to explore for crude oil in a 1 *period* 2 *dash* million *dash* hectare area in the southeast of the country *comma* a spokesman for the Ecuadorian State Oil Company *lparen* CEPE *rparen* said *period* The spokesman said companies have until October 15 to present their bids and until the middle of next year to sign contracts *period* Competitors may bid for six alternative 200 *comma* 000 *dash* hectare areas *comma* in the southeast forest bordering Peru and in the western coastal plain around the Pacific *period* Petrocanada will start by drilling two exploratory wells in a 200 *comma* 000 hectare area *period* Reuter)) (19 () (SOUTH KOREAN 1986 ENERGY USE RISES NINE PCT) (SEOUL *comma* June 16) (South Korea *apostrophe* s energy consumption rose nine pct to 61 *period* 07 mln tonnes of oil equivalent *lparen* toe *rparen* in 1986 from 56 *period* 0 mln in 1985 *comma* energy ministry officials told Reuters *period* They said oil accounted for 46 *period* 7 pct of energy consumption in 1986 against 48 *period* 5 pct in 1985 *period* Anthracite accounted for 21 *period* 0 pct against 21 *period* 5 pct *comma* bituminous coal 16 *period* 5 pct against 17 *period* 3 pct and nuclear power 11 *period* 6 pct against 7 *period* 5 pct *period* The amount spent on energy imports in 1986 was 4 *period* 53 billion dlrs against 6 *period* 54 billion dlrs in 1985 *comma* they said *comma* with much of the difference between the two years due to changes in the price of oil *period* REUTER)) (20 () (MANITOBA SEEDINGS PROGRESS WELL IN DRY WEATHER) (WINNIPEG *comma* April 28) (The Manitoba Agriculture Department weekly crop report said no measurable precipitation was reported across the province in the past week *comma* allowing small grain seedings to progress rapidly across the south *comma* with field preparation under way in the northern growing regions *period* Small grains should be seeded across the Province in one to two weeks *comma* assuming weather remains dry *period* Planting progress was most advanced in the southeast *comma* with 30 pct of the spring wheat acres and 40 pct of the barley acres seeded *period* Cereals plantings were well under way in the south central part of the province *comma* with seedings spotty so far in the southwest *period* Summer fallow acres should be in line with the latest Statistics Canada projections *comma* the report said *period* Reuter)) (21 () (ROYAL BANK SEES CANADIAN ECONOMY EASING) (MONTREAL *comma* April 28) (Canadian gross domestic product should grow at a real rate of 3 *period* 3 pct this year before easing to a 3 *period* 0 pct growth rate next year when U *period* S *period* economic growth is expected to decline *comma* Royal Bank of Canada *comma* Canada *apostrophe* s largest bank *comma* said in its monthly economic forecast *period* The forecast is from fourth quarter to fourth quarter *period* The bank did not give Canada *apostrophe* s real rate of growth for 1986 *period* The bank said it expects the Canadian dollar to remain at the 75 U *period* S *period* ct level for the next few months as major economic fundamentals have not improved enough to return the currency to a higher level in the absence of a wider interest rate spread *period* Reuter)) (22 () (ECONOMIST SEES SLOWDOWN IN U *period* S *period* ECONOMIC GROWTH) (PARIS *comma* April 29) (The U *period* S *period* Economy has peaked and will slow to a growth rate of between 2 *period* 5 pct and three pct for the remainder of 1987 *comma* First Boston Corp Managing Director Albert Wojnilower said *period* He told an investment conference the U *period* S *period* Economy will not be able to sustain the 4 *period* 3 pct growth rate recorded in first quarter gross national product *period* He said continued intermittent attacks on the U *period* S *period* Currency could lead to a substantial rise in long term interest rates *period* However *comma* he predicted that rates will eventually decline either in anticipation of a recession or because of one *period* REUTER)) (23 () (MIYAZAWA SAYS JAPANESE ECONOMY BOTTOMED OUT) (TOKYO *comma* June 16) (The Japanese economy has bottomed out after an extended period of stagnation *comma* Finance Minister Kiichi Miyazawa told a press conference *period* But he said he was not too optimistic about the state of the economy as the employment situation was still shaky in certain regions of the country *period* Yesterday *comma* the Finance Ministry said its quarterly corporate survey showed that the economy was showing increasing signs of recovery *period* REUTER)) (24 () (JAPAN MAY MONEY SUPPLY UP 10 *period* 2 PCT) (TOKYO *comma* June 16) (Japan *apostrophe* s broadly defined money supply average of M *dash* 2 plus certificates of deposit *lparen* CD *rparen* jumped a preliminary 10 *period* 2 pct in May from a year earlier *comma* the Bank of Japan said *period* The increase is the largest year *dash* on *dash* year rise since March 1982 when the money supply gained 10 *period* 5 pct *period* The money supply had increased 9 *period* 8 pct in April *period* The seasonally adjusted average in May rose 1 *period* 0 pct from the previous month *period* Unadjusted M *dash* 2 plus CDs were an average 347 *comma* 200 billion yen in May against 345 *comma* 500 billion in April *period* REUTER)) (25 () (BANK OF JAPAN MAY EXPAND BROKER CALL MARKET) (TOKYO *comma* June 16) (The Bank of Japan is considering expanding the 60 billion yen daily limit on each securities firm *apostrophe* s outstanding transactions in the yen call market at the request of the securities industry *comma* Bank of Japan sources said *period* But before doing this *comma* the Bank is waiting to see the effect on brokers *apostrophe* fund raising of the change *comma* effective in August *comma* to a shorter settlement period for cash bond transactions *comma* the sources said *period* REUTER)) (26 () (U *period* K *period* TO SUPPLY WHEAT TO CHINA UNDER AID PROGRAM) (LONDON *comma* April 29) (The U *period* K *period* Will ship 39 *comma* 250 tonnes of feed wheat to China this month as food aid at a cost to the British aid program of 3 *period* 4 mln stg *comma* the Overseas Development Administration *lparen* ODA *rparen* said *period* The wheat will be supplied by grain exporter Ceres UK Ltd *period* As part of the European Community *apostrophe* s obligation under the Food Aid Convention *comma* the U *period* K *period* Is pledged to supply 110 *comma* 700 tonnes of cereals each year *period* From this commitment the U *period* K *period* Makes allocations to the World Food Programme *period* REUTER)) (27 () (CCC ACEPTS BONUS BID ON WHEAT TO ZAIRE *dash* USDA) (WASHINGTON *comma* April 29) (The Commodity Credit Crporation has accepted a bid for an export bonus to cover the sale of 8 *comma* 000 tonnes of hard red winter wheat to Zaire *comma* the U *period* S *period* Agriculture Department said *period* The wheat is scheduled for shipment May 11 *dash* June 11 *comma* 1987 *comma* the department said *period* The bonus *comma* to Continental Grain Co *comma* was 32 *period* 55 dlrs per tonne and will be paid in the form of commodities from CCC stocks *period* An additional 7 *comma* 000 tonnes of wheat are still available to Zaire under the Export Enhancement program initiative announced on October 17 *comma* 1986 *comma* it said *period* Reuter)) (28 () (EGYPT SUBMITS IDENTICAL BID IN EEP WHEAT TENDER) (KANSAS CITY *comma* June 15) (Egypt for the third time submitted a bid of 89 dlrs per tonne in its tender for 200 *comma* 000 tonnes of soft red or white wheat for June *dash* July delivery under the export enhancement program *comma* U *period* S *period* exporters said *period* USDA has rejected that bid twice *comma* the sources noted *period* Reuter)) (29 () (TUNISIA SETS SOFT WHEAT BUYING TENDER ON JUNE 16) (PARIS *comma* June 15) (Tunisia has launched a fresh buying tender for 200 *comma* 000 tonnes of French soft wheat for tomorrow for shipping between July and September *comma* trade sources said *period* Tunisia has in recent weeks cancelled several tenders *comma* which are covered by the French government *apostrophe* s COFACE export credits *period* Reuter)) (30 () (MORE EEP WHEAT FOR WEST AFRICAN COUNTRIES-USDA) (WASHINGTON *comma* June 15) (U *period* S *period* exporters will have the opportunity to sell 170 *comma* 000 tonnes of wheat to West African countries under the Export Enhancement Program *comma* the U *period* S *period* Agriculture Department said *period* It said in addition to Benin *comma* Cameroon *comma* Ivory Coast *comma* Ghana and Togo *comma* four more countries *dash* *dash* Burkina Faso *comma* Gabon *comma* Liberia and Niger *dash* *dash* have been declared eligible under the initiative *period* The export sales will be subsidized with commodities from the inventory of the Commodity Credit Corporation *lparen* CCC *rparen* *comma* it said *period* West African countries have already purchased 129 *comma* 500 tonnes of wheat under previously announced export bonus programs *comma* it noted *period* Reuter))