Industrial Equity (Pacific) Ltd. of Hong Kong,...
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Industrial Equity (Pacific) Ltd. of Hong Kong, said it has raised its stake in Monterey Park-based Ameron Inc. to 12.26% of the common shares outstanding . . . The Federal Reserve Board reported that the U.S. government spent a record $4 billion worth of Japanese yen and West German marks to support the plummeting dollar in world currency markets 17 times in March and April . . . The Agriculture Department reported that the prices farmers got for raw products in May, on the average, jumped 3.2% from the April index.
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