News in Brief


Peso rate at P41.093

The peso reference rate remains at P41.093 to the U.S. dollar, the weighted average rate pegged at the Philippine Dealing System of the Bankers Association of the Philippines last Friday.

Fortune Cement loses P415 M

Fortune Cement Corporation reported a net loss of P415 million in 1999 against a net profit of P77 million in the previous year, despite increase in sales to P1.26 billion from P1.02 billion in 1998. This was due to an increase in operating expenses from P45.5 million to P65.6 million and the substantial increase in other charges from P64.8 million to P522.56 million in 1999. Fortune Cement said it posted a net loss last year as its other charges, particularly interest expenses, rose sharply in 1999 following the start of its investments in new cement production facilities. "The cement industry experienced a difficult time in 1999. An oversupply of cement in the market resulted in a selling price war in the early part of the year, although prices recovered strongly towards the end of 1999 and are expected to continue improving in 2000," the company said.

Flour millers seeking wheat

Local flour millers may buy at least 30,000 tons of either Canadian or US wheat next week to meet immediate needs, traders said.. They said one company expressed interest to buy 10,000 tons of soft white wheat for prompt shipment while another firm said it planned to buy 20,000 tons of an unspecified grade of wheat for May shipment. An industry official said he expected Philippine wheat imports to reach between 2.4 million and 2.45 million tons this year from an estimated 2.3 million in 1999. The official, who asked not to be identified, said higher imports this year would come from increased demand for feed wheat due to lack of good quality corn in the local market. "Whenever there is a local shortage of corn, feedmillers buy wheat as substitute," he said, adding he expected feed wheat imports to rise to 400,000 to 450,000 tons this year from the year-earlier 300,000 tons. Rains in corn producing areas late last year hampered drying of the grain, resulting in a lack of good quality corn in the first quarter of 2000. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

News in Brief
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.