	quaker state ksf arranges mln dlr credit quaker state oil refining corp said it signed a mln dlr revolving credit and term loan agreement with a group of six banks for which mellon bank n a is agent the four year arrangement has an additional four year term loan amortization agreement quaker said quaker said the credit line will be used to finance expansion plans quaker s total capital spending program for is expected to exceed mln dlrs it said in the company s capital spending totaled mln dlrs quaker also said costs of new store openings and new product introductions will depress ings in the first half for the first half of quaker reported net income of mln dlrs on sales of mln dlrs in the first two months quaker opened about new stores it said it expects to add minit lube fast lubrication service centers in at a cost of mln dlrs the company said it is optimistic it will recover in the second half and report higher ings for full year fiscal the company reported net income of mln dlrs on sales of mln dlrs for reuter 
