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Date: 27 October 1987
LEAD: INTERNATIONAL A3-17 The sale of land rights in China maybe permitted under a proposal being considered by the Government. The proposal, mainly affecting the nation's peasants, would be the first activity of its kind since 1949, an official said. Page A1
Date: 26 October 1987
LEAD: INTERNATIONAL A3-11 China must restructure its economy at a more intense pace if the country is to escape its poverty, the acting head of the Chinese Communist Party, Zhao Ziyang, told the opening session of the 13th Party Congress in Beijing. Page A1
Date: 27 October 1987
By Alex S. Jones
Alex Jones
LEAD: For Financial News Network, the cable television channel that covers daily stock market activity, last week presented the long-sought chance to make a reputation for itself.
Date: 27 October 1987
Reuters
LEAD: Lane Financial Inc. said the La Salle National Corporation, whose parent is Algemene Bank Nederland N.V., had offered about $200 million to acquire the company. Lane said the proposed price is about 2.5 times its book value. The company said its board would consider the offer on Nov. 3.
Date: 27 October 1987
AP
LEAD: Courtaulds P.L.C., a leading British textiles and chemical company, said it had agreed to buy the Porter Paint Company of Louisville, Ky., for $140 million. The American company specializes in heavy coating paints and is expected to have sales of about $120 million and profit of about $7.5 million this year, Courtaulds said.
Date: 27 October 1987
Special to the New York Times
LEAD: The Intel Corporation has introduced a circuit board to allow owners of the International Business Machines Corporation's personal computers and some compatible machines to upgrade their equipment. Intel said its Inboard 386/PC, priced at $995, uses its 80386 microprocessor to increase the speed of a standard PC with an Intel 8088 microprocessor by as much as 10 times.
Date: 27 October 1987
AP
LEAD: The Boeing Company said today that its third-quarter earnings slumped 33.6 percent because of higher costs for research and development and production.
Date: 27 October 1987
Special to the New York Times
LEAD: American auto makers have removed about 52,000 cars from their fourth-quarter production plans, an industry newsletter reported. The General Motors Corporation cut 26,000 cars and the Chrysler Corporation cut 21,000 cars, Ward's Automotive Reports said. The Ford Motor Company, which has the lowest inventories of the Big
Date: 27 October 1987
Reuters
LEAD: The Dutch Government said it would take a large minority stake in the aircraft maker N.V. Fokker as part of an elaborate financial aid package. Fokker would receive 527 million guilders, or about $258 million, from banks and the Government, the Economics Minister, Rudolf de Korte, told Parliament.
Date: 27 October 1987
LEAD: The United States trustee in the Texaco Inc. bankruptcy proceedings yesterday rejected a request by the oil company to merge the two creditor committees.