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COULD PERSIAN GULF CUTOFF WREAK ECONOMIC HAVOC?
(Ap) |
Panic oil buying, hoarding, skyrocketing prices and huge economic disruption could follow a choking
SPOT PRODUCT PRICES
JOC Staff |
August 6, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
FRANCE CONFIRMS REQUEST TO HALT IRANIAN OIL DEALS
(Ap) |
France has urged its oil companies to stop buying Iranian crude oil, Industry Minister Alain Madelin
GAS SUPPLIER WANTS TO BECOME TRANSPORTER ONLY
Journal of Commerce Staff |
MidCon Corp.'s interstate pipeline subsidiary wants its utility system customers to make their own a
INSURANCE BRIEFS
From Wire and Staff Reports |
Mass. Rules on Testing For Aids DelayedAn unexpected amount of testimony at two days of publ
DOME DEFAULTS ON MOST LOANS
(Ap) |
Dome Petroleum Ltd. said it has defaulted on nearly all its loans because some of its lenders were u
MASS. HEALTH PLAN FACING OBSTACLES
TOM McNIFF Jr. |
A massive health insurance plan, referred to as state health insurance, has run into trouble even as
LONG-TERM CARE PLANS NOT ENOUGH TO PROTECT AGAINST FINANCIAL RUIN
Leah R. Young |
Current long-term care insurance policies are not a good buy, a House subcommittee concluded after s
ENERGY BRIEFS
Wire and Staff Reports |
Hall-Houston Agrees To Supply Mich. UtilityJACKSON, Mich. - Hall-Houston Oil Co., Houston, w
C.A. CARPENTER INSIDE TALK ON INSURANCE
C.A. Carpenter |
A LIFE INSURANCE-sponsored AIDS ad campaign to get the truth across about the deadly disease has run
INSURANCE EARNINGS
JOC Staff |
AIG Posts Rise In Operating NetAmerican International Group Inc. reported that income from o
OXY PLANS SEISMIC TESTS IN ARGENTINA
Jeremy Morgan |
Occidental Petroleum Corp. is preparing a seismic survey program to probe potential oil reserves in
VERDICTS DIFFER IN TWO ASBESTOS DAMAGE CASES
From Wire and Staff Reports |
Two asbestos cases on different ends of the country involving claims from former Brooklyn Navy Yard
TVA RESTART SCHEDULE TERMED TOO OPTIMISTIC
(Ap) |
The head of the special office created by the Nuclear Regulatory Commission to monitor the Tennessee
GRANT HELPS SAVE UK THEATER FIRM
(Ap) |
Royal Insurance PLC is giving the equivalent of $1.7 million to the Royal Shakespeare Co., allowing
SENATE COMMITTEE REJECTS MINE SAFETY NOMINEE
(Ap) |
President Reagan is not getting his choice of a veteran House Republican aide to become the chief en
ANALYSIS FORECASTS INCREASE IN US COARSE GRAIN EXPORTS
Knight-Ridder Financial |
U.S. coarse grain exports are forecast to increase to 63.4 million metric tons in 1992-93 from 49.3
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Senate OKs Nominee To Nuclear CommissionKenneth C. Rogers of New Jersey has been confirmed b
TRINIDAD HOPES NATURAL GAS WILL FUEL RECOVERY
(Ap) |
The people of the twin-island Caribbean nation of Trinidad and Tobago are hoping natural gas will fu
CHINA SUFFERS ACUTE SHORTAGES OF SOME COTTONS
P.T. Bangsberg |
Heavy over-shipments of textile goods to the United States earlier this year are backfiring on China
Maritime
EXPORT BRIEFS
From Wire and Staff Reports |
Forecast Revised For China SoybeansThe U.S. agricultural counselor in Beijing has forecast C
Maritime
LOW QUALITY COKING COAL FINDS A WELCOME IN JAPAN
TIM SANSBURY Journal of Commerce Staff |
Some U.S. exporters are finding a market in Japan for a lower grade of metallurgical coal used in st
MARKEY'S INFLUENCE AND STYLE A LIABILITY ON NUCLEAR BILL
Boston Globe |
Rep. Edward J. Markey of Massachusetts is the most visible critic of nuclear power in Congress, and
HODEL: NO OBJECTION TO REQUIREMENT FOR OK ON ALASKAN LAND SWAP
(Ap) |
The Reagan administration has no objection to a bill requiring Congress to approve swapping oil righ
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CAHNERS, CHINA MAKE DEAL FOR VERSION OF MAGAZINE
Journal of Commerce Staff |
Cahners Publishing Co. announced it has reached an agreement with the Technology Information Researc
Maritime
FOREIGN FARMERS STUDY NJ METHODS
(Ap) |
New Jersey may be culturally and geographically remote from Malawi, Yemen, Somalia, South Korea and
Maritime
CARGO VOLUME SLIPS AT W. GERMAN PORTS
Erich E. Toll |
Cargo handling at West Germany's 13 largest seaports dropped slightly during the first five months o
Maritime
HIGH-TECH CONCEPTS TO SHAPE 'SMART CITIES' FOR JAPANESE
(Ap) |
The Japanese have "smart cities" on the drawing board to help reduce congestion and solve other urba
Maritime
UK BANKS HIKE RATES
Janet Porter |
Amid fears that the U.K. economy was over-heating, the Bank of England forced British banks to raise
SECURITY PACIFIC GETS NOD ON PLAN FOR EXCHANGE
Journal of Commerce Staff |
The Federal Reserve Board approved a request by Security Pacific Corp. to operate a computerized exc
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
UK EXCHANGE AIMS TO DEVELOP GLOBAL LINKS
Janet Porter |
The London International Financial Futures Exchange is working on a new clearing system that should
GOVERNMENT BONDS GAVE NEGATIVE RETURN IN JULY
Journal of Commerce Staff |
The combined major government bond markets in July registered a total return of -2 percent non-annua
DOLLAR MIXED IN GLOBAL MARKETS
Knight-Ridder Financial |
The dollar was mixed in international trading Thursday, but was rising slightly in New York despite
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FARM CREDIT PLAN ADVANCES
(Ap) |
Farm real estate loans made by the Farm Credit System would be pooled and sold in a secondary market
COST OF CREDIT
JOC Staff |
Thu., Aug. 6, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
FINANCIAL BRIEFS
From Wire and Staff Reports |
Citibank Weighs Swaps in ChileSANTIAGO, Chile - Citibank is evaluating a series of debt-for-
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