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Moody’s Investors Service said it reduced R....

Moody’s Investors Service said it reduced R. J. Reynolds Industries’ senior debt rating to A1 from AA1, its subordinated debt to A2 from AA2 and its preferred stock to A2 from AA1. At the same time, Moody’s reduced Nabisco Brands’ senior debt rating to A1 from AA2 and its subordinated debentures to A2 from AAA3 . . . The Los Angeles Department of Water and Power reported that electric plant production for the week ended June 15 rose 2.11% from the week before . . . Southern California Edison said electric production for the week ended June 8 was up 8.4% from the previous week.


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