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ENERGY BRIEFS
Wire and Staff Reports |
Chevron Hikes Posting For Oil by 50 CentsChevron U.S.A. Inc. increased by 50 cents a barrel
AMOCO ORIENT MAKES DISCOVERY
Journal of Commerce Staff |
Amoco Orient Petroleum Co., an Amoco Corp. unit, made its second oil discovery in China's Pearl Rive
AUSTRALIA'S SANTOS DISCOVERS OIL
Journal of Commerce Staff |
Santos Ltd. said the Gidgealpa 27 well in the Cooper Basin flowed oil at a rate of 1,244 barrels a d
WHAT A DIFFERENCE A YEAR MAKES FOR OPEC
Bruce Barnard |
The Organization of Petroleum Exporting Countries will complete its year-long crawl back to a positi
KIDDER OFFERS JUNK BOND TRUST
Journal of Commerce Staff |
Kidder, Peabody & Co. Tuesday announced the creation of a new high-yield unit investment trust for i
BOSTON ENTERS AGE OF AQUATIC TRAVEL
Chicago Tribune |
This city's proud maritime tradition, stretching back more than three centuries, is largely a memory
Maritime
MOVE SEEN INVITATION TO ATTACK
Journal of Commerce Staff |
A U.S. flag on the stern of a Kuwaiti oil tanker invites attack and is a precedent for added trouble
Maritime
BANK OF BOSTON SWAPS FOR SHARE IN MANILA BANK
Richard Gourlay |
Bank of Boston and Filipino partners purchased Commercial Bank of Manila for $25 million after 11 mo
AMTRAK TO CONTINUE ROUTE OVER BN TRACKS
Journal of Commerce Staff |
Amtrak will continue to operate its Chicago-San Francisco California Zephyr on its present route ove
Rail News
AIRBUS PLAN FOR NEW LINE STIRS CONGRESSIONAL IRE
Dave Higdon |
A decision by Europe's Airbus Industrie consortium to launch a new line oflong-range commercial airl
Air Cargo
SHIPPERS OPPOSE CARGO PREFERENCE
Robert F. Morison |
Shippers may not be sure about which measures they would support to help the U.S. merchant fleet, bu
Maritime
ASBESTOS SUITS CLIMB IN NY
Journal of Commerce Special |
Twenty-six lawsuits totaling $200 million have been filed by Syracuse area asbestos workers and thei
US FOREIGN DEBT HIT $264 BILLION BY END OF 1986
Richard Lawrence |
The United States' foreign debt soared to $263.6 billion by the end of 1986, the Commerce Department
OPIC YUGOSLAV MISSION YIELDS HOTEL PROJECT
C.A. Carpenter |
The Overseas Private Investment Corp. investment mission to Yugoslavia has yielded at least one pote
NEW CLAIMS FILED IN COPTER CRASH
(Ap) |
The families of two pilots killed in the collision of two police helicopters have filed new wrongful
INSURANCE BRIEFS
From Wire and Staff Reports |
Rates Hiked on Ships Bound for KuwaitMerchant vessels traveling to Kuwait are being forced t
NJ PRODUCT LIABILITY BILL ADVANCES
(Ap) |
An Assembly committee has approved a bill that would make it more difficult for an injured consumer
WEST COAST BRIEFS
Wire and Staff Reports |
Odetics Wins Order For Robotic SystemANAHEIM, Calif. - Odetics Inc. said Tuesday that it has
Maritime
JAPANESE ENLARGE BUDGET IN MOVE TO BOOST DEMAND
(Ap) |
The Cabinet on Tuesday approved a proposed 2.08 trillion yen, or $14.2 billion, supplementary budget
Maritime
TURKEY, USSR INAUGURATE PIPELINE
(Ap) |
the first section of the Turkish-Soviet pipeline that will pump Siberian natural gas to Turkey was i
SOUTH AFRICAN MINE EARNINGS INCREASE
(Ap) |
The nation's mining industry, locked in wage negotiations with black miners, posted a moderate incre
SAUDIS REJECT INCREASE IN OIL PRODUCTION LEVELS
(Ap) |
Oil Minister Hisham Nazer strongly rejected the suggestion that Saudi Arabia was planning to increa
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Tue., June 23, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
CHEMICAL MARKETS LUBRICANTS BOOST ADDITIVES MART
Journal of Commerce Staff |
Lubricant formulations should boost additives sales in the year ahead, said Charles Rose, an industr
REGIONAL RAILROADS TO TAKE STAND ON STAGGERS ACT
Lawrence Kaufman |
Regional Railroads of America will announce later this week that it supports the major railroads in
Rail News
RAIL BRIEFS
From Wire and Staff Reports |
NY, Conrail Reach Service AgreementALBANY, N.Y. - New York State and Conrail have reached ag
Rail News
REAGAN PRESSED ON TAX DEFERRAL
Chris Dupin |
A shipping executive called on the Reagan administration and Congress to reinstate the reinvestment
Maritime
CENERGY, CONQUEST SET MERGER PLANS
(Ap) |
Conquest Exploration Co. of Houston plans to merge with Cenergy Corp. of Dallas, company officials s
VICTIM, EXPERTS STRESS DANGERS OF FIREWORKS
(Ap) |
Last July 4, Shawn Thompson, a high school student and pretty good rock band drummer from Topeka, Ka
UK INSURERS REPORT IMPROVED '86 RESULTS
Edwin Unsworth |
The Association of British Insurers, which represents over 425 companies, reported Tuesday that in 1
NEPALESE SEEK HELP WITH DEBT
Neel Patri |
The kingdom of Nepal in the rugged foothills of the Himalayas is pleading for increased aid from Wes
Maritime
NJ VOTE SETBACK FOR GASOLINE TAX
(Ap) |
The legislature took another step toward ensuring that transportation projects will be funded withou
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
PROPOSALS ON TRADE UNDER FIRE
A.E. Cullison |
Tokyo-based executives of U.S. companies are against import-restrictive legislation now being debate
Maritime
US LIQUOR INDUSTRY HAS ANOTHER BAD YEAR
(Ap) |
Hit by taxes and the health fitness trend, the U.S. distilled spirits industry has posted another ex
PUERTO RICO TRADE & INVESTMENT SURVEY
JOC Staff |
Top Stories Puerto Rico's economy is expected to strengthen this year following a dramatic i
HEARING SET ON GROUNDING OF FERRY
Journal of Commerce Staff |
A ferryboat skipper is believed to have been "under the influence of alcohol" when he jumped overboa
Maritime
IT'S A BIRD, IT'S A PLANE, NO, IT'S AN AIRBORNE ZOO
Richard Malkin |
There is the 40-year-old story of the little old lady who brought her poodle to Braniff and demanded
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