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MEXICANS FEARFUL OF US RECESSION
WILLIAM A. ORME Jr. |
Wall Street's stunning reversal on Monday sent Mexican stocks tumbling further this week, alarming o
CIRCLE CANCELS BID FOR OVERLAND
Leo Abruzzese |
Plunging stock prices forced Circle Express Inc. to cancel its planned acquisition of Overland Expre
IMPORTERS LOOK AT HOLIDAY BUYING
Rosalind Rachid |
This week's collapse of stock prices may cut deeper into already lackluster buying abroad for the Ch
THIRD WORLD DEBTORS COULD FEEL PINCH OF SPENDING FALLOFF
Rose A. Horowitz |
The loss of wealth created by the plunge in the world's stock markets could mean harder times ahead
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
STEEL OUTPUT ROSE 0.1 PERCENT LAST WEEK
(Ap) |
Steel production rose to 1.794 million tons in the week ended Oct. 17, an increase of 0.1 percent fr
CONGRESSIONAL LEADERS SEEK WAYS TO BOLSTER CONFIDENCE IN MARKETS
Leah R. Young |
Sen. Phil Gramm, R-Texas, urged President Reagan to agree to a freeze on defense spending levels in
WORD OF BLOODBATH DREW THE CURIOUS TO EXCHANGE
Mark Magnier |
As word spread throughout lower Manhattan Monday afternoon that a stock market massacre was in progr
INTERNATIONAL INSURANCE OUTLOOK SEEN BRIGHT
Laura Raley Borda |
Changes in the worldwide economy and trade policies will have a favorable impact on international in
US FINANCIAL MARKETS CALMER TURMOIL CONTINUES ABROAD
Gordon Platt |
U.S. financial markets stabilized somewhat Tuesday after Monday's record plunge, but most foreign st
INSURANCE STOCKS LOST 20 PERCENT IN VALUE SINCE PEAK
Paula L. Green |
Insurance stocks took less of a beating than many other industries in the recent stock market plunge
COMPUTERS, ELECTRONICS ALSO TAKE A BEATING
Journal of Commerce Staff |
Falling off a wave of high expectations, the electronics and computer industries received as thoroug
TRADING FLOOR DRAWS VISITORS FROM VARIOUS WALKS OF LIFE
Rose A. Horowitz |
Amid the clamor of the New York Stock Exchange on Monday, the day of the biggest drop in the market'
ECONOMISTS SPLIT OVER IMPACT OF A STOCK SLUMP ON TRADE
Richard Lawrence |
Economists are divided over whether a depressed stock market would affect the massive U.S. trade def
CHEMICAL EARNINGS
Journal of Commerce Staff |
Dow's Net Set Record in QuarterMIDLAND, Mich. - Dow Chemical Co. has reported a record third
HEUBLEIN PLANS TO SELL MCGUINNESS UNIT TO CORBY DISTILLERS
Journal of Commerce Staff |
Heublein Inc. of Farmington will sell its McGuinness Distillers Ltd. unit, of Toronto, to Montreal-b
CHEMICALS PLUNGE WITH THE REST
Arnaldo Arroyo |
Blue chip stocks in the chemical industry were affected as severely by the stock market plunge on Mo
PORT OF ASTORIA ENDS LONG SLIDE
Journal of Commerce Special |
Years of declining ship calls and cargo movement apparently have ended for the port of Astoria.<
Maritime
HVIDE TO BUY DIVISION OF MAXUS
Journal of Commerce Staff |
Hvide Shipping Inc., of Fort Lauderdale, has announced the signing of an agreement in principle to a
Maritime
DERECKTOR YARD WINS NAVY PACT
Journal of Commerce Staff |
The Robert B. Derecktor of Rhode Island Inc. shipyard won a $2.5 million U.S. Navy contract to repai
Maritime
PUERTO RICO GIVES COMPANIES 90 DAYS TO ADAPT TO TAX
Barbara Cornell |
A new excise tax law that should have simplified the system for cargo comingfrom the mainlan
Maritime
SHIPPER CONFIDENCE IN GENOA WANES AS PORT RUMORS PERSIST
Andrew Mutter |
Following a week of rumors surrounding the possible resignation of Genoa Port Authority President Ro
Maritime
PLASTICS CORNER MOBIL TO EXPAND PLASTIC SACK OUTPUT
Journal of Commerce Staff |
Mobil Chemical Co. announced that it is expanding its plastic grocery sacks production by 20 percent
CHEMICAL MARKETS
Journal of Commerce Staff |
Chlor/Alkali Plant Ready for TestingSTAMFORD, Conn. - Olin Corp. and E.I. Du Pont de Nemours
JAPANESE CERAMIC MAKERS HEADED FOR A SHAKEOUT?
Roger Schreffler |
In spite bullish production forecasts, a shakeout among Japanese makers of advanced ceramics appears
OKLAHOMA COAL LAW SEEN SAVING PRODUCTION SECTOR
Tim Sansbury |
A new law, requiring Oklahoma utilities to burn Oklahoma coal, has been the salvation of the state's
VENEZUELAN MINISTER SOUNDS WARNING
(Ap) |
Venezuela's energy minister warned that another oil price collapse could ensue if "consistent and ex
CHEMICAL BRIEFS
From Wire and Staff Reports |
GAF to Buy Back Up to 21 percent of SharesWAYNE, N.J. - GAF Corp., the object of a $2.3 bill
PEMEX PLAN COULD EASE TENSION BETWEEN UNION, REVOLUTIONARY PARTY
Journal of Commerce Special |
Petroleos Mexicanos' investment program may help resolve a critical political problem for Mexico's r
ENERGY BRIEFS
From Wire and Staff Reports |
Texaco, DOE to Test Gasification TechnologyTexaco Inc. and the U.S. Department of Energy ent
SPOT PRODUCT PRICES
JOC Staff |
October 20, 1987 U.S. spot oil products price indications, sellers range, in cents per gallo
BROOKLYN UNION GAS SIGNS DEAL WITH SHELL FOR DIRECT PURCHASE
Journal of Commerce Staff |
Brooklyn Union Gas Co. Tuesday signed a long-term contract to buy natural gas directly from Shell Oi
PEMEX OUTLINES PLAN TO BOOST OIL RESERVES
WILLIAM A. ORME Jr. |
In a development that could have profound effects on Mexico's politics and economy - and on the aili
UTILITY SEEKS OPEN-ACCESS OK
Journal of Commerce Staff |
South Georgia Natural Gas Co. said it will ask federal regulators for permission to operate as an "o
ENERGY BRIEFS
From Wire and Staff Reports |
Energy Futures Prices Drift in New YorkEnergy futures prices drifted on the New York Mercant
BOOMING NORTHEAST COULD FACE A DARK FUTURE
Chicago Tribune |
These days, most of the country would happily trade places with the Northeast, where the economy is
EUROPEAN POSTAL AUTHORITIES EYE EXPRESS TRAFFIC TO NORTH AMERICA
Phillip Hastings |
European postal authorities are thinking of chartering their own aircraft capacity to fly overnight
Air Cargo
EXPERT UNRAVELS KNOTTY AIR FREIGHT PROBLEMS
Richard Malkin |
In Dave V. Sharma's private Utopia is a "pure" air cargo terminal where virtually every pound of air
Air Cargo
SMALL PA. AIRLINE PLANS TO GO AFTER W. GERMAN MART
Tom Belden |
A small airline with headquarters at Northeast Philadelphia Airport is poised to open a major operat
Air Cargo
COOPERATION URGED IN AIR CARGO INDUSTRY
Edwin Unsworth |
A number of leaders in the world air cargo market have called for greater cooperation between member
Air Cargo
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