of prophets and profits

Contents: SOUTH AFRICA • BARCLAYS WITHDRAWS FROM SOUTH AFRICA: "AN ECONOMIC EARTHQUAKE" • PRESSURE ON OTHER BANKS FOR STATEMENTS: No New Lending in South Africa • More Rapid Payment of Debts • The Filings CN-ICCR Has Facilitated • "CHURCH CONSULTATION ON THE RESPONSIBLE USE OF MONEY IN A TROUBLED WORLD" • UPCOMING CONFERENCE • The newsletter says Barclays Plc., the British bank with a major interest in the largest South African bank, Barnat, announced that it would sell its 40.4% interest in that bank. CN-ICCR, the University of San Francisco, the Jewish Community Relations Council, and the Bay Area Socially Responsible Investment Professionals announce a “Conference on Religious Values and Socially Responsible Investing” on March 20, 1987. Conference endorsements include Bishop Will Hertzfeld, Association of Evangelical Lutheran Churches Bishop Stanley Olsen, Pacific Southwest Synod, Lutheran Church of America (LCA) Bishop Leontine T.C. Kelley, Ca/Nev. Conference United Methodist Church (UMC), Rt. Rev. C. Shannon Mallory, Episcopal Bishop - Diocese of El Camino Real Rt. Rev. William E. Swing, D.D. Episcopal Bishop of California Peace and Justice Commission of the Archdiocese of San Francisco Rev. William Macchi, Chancellor of the Diocese of Oakland, American Baptist Churches of the West , Rev. Kathryn Choy-Wong, Public Ministries Frank Cookson, Chair - Committee on Business and Finance Church and Mission Commission, Northern California Conference United Church of Christ (UCC) Rev. Robert Curran, S.J. Chief Counsel, University of San Francisco Charles Fender, National Chair of Investments, American Baptist Church Professor Edwin M. Epstein, University of California at Berkeley, School of Business Administration, Joe Sehee, Chair: Committee on Christian Ethics and Investments, U.S.F. Vanguard Foundation Rev. Harry Shaner, Rev. Jack Smith, Rev. Michael J Blecker, OSP President of the Graduate Theological Union Center for Ethics and Social Policy - Graduate Theological Union. The newsletter mentions the European Community, the Commonwealth, sanctions, CN-ICCR (California Nevada Interfaith Committee on Corporate Responsibility), Barclays National Bank Limited, Sir Timothy Bevan, disinvestment, Anglo-American Corp., De Beers Consolidated Mines, South Life Association, Citibank (Citicorp), Standard Chartered (U.K.), Union Bank, Bank of Tokyo, California First, Sumitomo, Banque Nationale de Paris (France), Bank of the West, End Loans to Southern Africa (ELTSA), Rev. David Haslam, the Board of Governors of the Federal Reserve System, Lloyds, Standard Chartered Bank, John Lind, "Projections of South Africa's Balance of Payments," the Dominican Sister of Mission San Jose, Sisters of Loretto, Sisters of the Presentation, Chase Manhattan Corporation, Manufacturers Hanover, Sisters of St. Joseph of Peace, the Comptroller of the City of New York, Working Assets, John Harrington, Sr. Maureen Fenlon, Bill Somplatsky Jarman, MiloAnne Hecathorn, WITNESS for South Africa, the Church and World Committee of the San Jose Presbytery, the Committee on Mission Responsibility Through Investment (MRTI) of the Presbyterian Church USA, the Northern California Interfaith Council on Economic Justice and Work, Students of San Francisco Theological Seminary, Robert McAffee Brown, James Noel, the Presbyterian Education and Welfare Association, Walter Davis, Divestment for South Africa: An Investment in Hope, the Catholic Bishops Economic Pastoral, Chuck Matthei of the Institute for Community Economics, the Community Loan Fund, the Vanguard Foundation, Helen Cohen, the Board of Church and Society of the California/Nevada Conference of the UMC, the Executive Committee of the United Methodist Women of the CA/NV Conference, the Northern California Ecumenical Council, Sisters of Mercy (Burlingame, CA), the Adrian Dominican Sisters, the Rev. J. Alfred Smith Sr., Allen Temple Baptist Church, the Rev. James Stewart, the American Baptist Churches of the West, McGee Avenue Baptist Church, Bishop Leontine T.C. Kelley, Rev. John Deckenback, Bishop Will Herzfeld, Association of Evangelical Lutheran Churches, Bishop Stanley Olson, and the Pacific Southwest Synod of the LCA.