OTHER NEWS - July 10, 1992

Colgate-Palmolive increased its quarterly common-stock dividend by 17%, to 31 cents per share from 26.5 cents, payable Aug. 17 to shareholders of record July 27. . . . Tacoma, Wash.-based Weyerhaeuser Co. said in an SEC filing that it will spin off its disposable diaper business in a $175-million deal that will turn the operation into a separately traded public company. . . . The Investment Company Institute reported that the assets of the nation’s 589 money market mutual funds rose $23.73 billion to $496.03 billion in the week ended Wednesday. . . . Exports of California farm products rose to a record $4.66 billion in 1991 despite a $1-billion drop in the state’s overall production, the California Department of Food and Agriculture reported.