Newspaper article St Louis Post-Dispatch (MO)

Morning Briefing

Newspaper article St Louis Post-Dispatch (MO)

Morning Briefing

Article excerpt

TWA Cutting Fares To Match Specials From Continental

Trans World Airlines Inc. said Monday it reduced some fares by as much as 50 percent to match Continental Airlines and its Columbus Day "Discover America" sale.

The nonrefundable tickets require a 14-day advance purchase and a Saturday night stay at the destination. Travelers must buy their tickets no later than Oct. 24, and must complete their travel by Feb. 13. Continental offered one sample fare from St. Louis. It said a round-trip ticket to Buffalo, N.Y., was reduced to $159 from $230. Post-Dispatch Sverdrup To Build USAF Storage In Qatar Sverdrup Facilities Inc. has won an $8.2 million contract in the Persian Gulf state of Qatar. The project involves three 100,000-square-foot warehouses, a 6,000-square-foot hazardous waste storage yard and a 13,000-square-foot maintenance facility. The complex is a forward storage site for U.S. Air Force equipment. The facilities will be completed by spring 1998. Post-Dispatch Butter Joins Exchange: Could They Make Fudge? The Coffee, Sugar & Cocoa Exchange today adds butter to its futures contracts for milk and other commodities. The butter contracts are designed to help dairy cooperatives, cbakeries and others faced with the ups and downs of dairy prices. The first butter futures contracts - for USDA Grade AA salted butter - will have a delivery date of December. Typically, such contracts are closed out well before the delivery date. Associated Press Intensiva Shares Bring Far Less Than Expected Intensiva Healthcare Corp. of St. Louis completed its public stock offering last week, but at a much lower price than it had projected. Intensiva sold 2.5 million shares Friday at $6 a share. The company had anticipated a price of $11 to $13 a share when it filed a registration statement July 26 with the Securities and Exchange Commission. …

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