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HOW BANKS DEAL WITH D&O WOES
George F.W. Telfer |
Many banks are keeping their board members much better informed about their managements' decisions a
SPOT PRODUCT PRICES
JOC Staff |
June 11, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
TAIWAN STRIKES OIL DEPOSIT IN ECUADOR
P.T. Bangsberg |
Energy-short Taiwan reports new success in exploration abroad, with an oil strike in Ecuador.
STEEL'S PROBLEMS SEEN KEY TO PENSION REFORMS
Leah R. Young |
Finding a way to cope with the financial problems facing the steel industry is the key to passing pe
OAPEC COUNCIL OK'S BUDGET CUT
(Ap) |
The ministerial council of the Organization of Arab Petroleum Exporting Countries has approved a bud
KUWAIT BIDS OPEC MEMBERS STICK TO PRODUCTION ACCORD
(Ap) |
Kuwait plans to ask other OPEC member countries to fulfill an accord on production increases without
CONSUMERS HOPES TO TIE GAS PRICES TO COAL COSTS
Andrea Chancellor |
Consumers Power Co. said it hopes to tie new contracts for natural gas supplies for the Midland plan
AMOCO CANADA INVESTS IN FIELD
Journal of Commerce Staff |
Amoco Canada Petroleum Co. will spend $45.8 million expanding enhanced oil recovery operations in th
EXPERT: US GULF ACTION NOT MOTIVATED BY OIL
John Magg |
There is "clear evidence" that the Reagan administration has threatened military intervention in the
AT AGE 10, THERE'S LIFE IN THE ALASKA PIPELINE YET
(Ap) |
At the age of 10, the trans-Alaska oil pipeline still has many years of life, industry officials agr
ENERGY BRIEFS
Wire and Staff Reports |
Husky Denies Reports It 'Dumped' UpgraderCALGARY, Alberta - Husky Oil Ltd. contradicted pres
NY UTILITY'S 1987 PROFITS TO BE EXCESSIVE, PSC SAYS
(Ap) |
New York State Electric and Gas Corp. will make more money than is ''reasonable" in 1987 and should
CORN-BURNING STOVE POPS ONTO MARKET
Chicago Tribune |
Forget all this worry about another oil crisis, about the United States being brought to its knees b
US HOLD ON WATERJET MART DRENCHES THE COMPETITION
Mark Magnier |
While the United States, Japan and other nations wage trade battles over silicon, U.S. companies are
Maritime
WEEKLY COAL EXPORTS
JOC Staff |
Week of April 12-April 18, 1987 This is a compilation of U.S. coal exports for the week. It
STUDY URGED ON NUCLEAR SAFETY KNOWLEDGE
(Ap) |
The federal government has no idea if people who live near nuclear power plants actually know what t
COAL-STATE SENATOR DEFENDS ROMANIAN SANCTIONS PROPOSAL
Tim Sansbury |
Sen. Paul Trible, R-Va., dismissed charges that his bill to impose trade sanctions against Romania f
SOVIETS HOPE TO 'BUILD' US VENTURES
(Ap) |
Communist Party economics chief Lev Zaikov paid a surprise visit last week to a U.S. construction e
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Group Blasts DOE For Unpaid TVA BillsNASHVILLE, Tenn. - Industrial electricity customers of
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
THE END OF THE VOLCKER ERA not only removes a towering manager of U.S. economic policy, it also take
THE ECONOMY BUSINESS OPTIMISM GROWS
JOC Staff |
Business executives are more optimistic about prospects for sales and profits in the third quarter t
THE ECONOMY CONSUMERS MORE CONFIDENT
JOC Staff |
Consumer confidence and buying plans rose in May, the Conference Board said. The board's ind
CHINA AND US REACH ACCORD ON COAT QUOTAS
Mark Magnier |
China and the United States have reached a compromise agreement on import quota allocations on women
SUMMIT OUTCOME DISAPPOINTS OFFICIALS
Journal of Commerce Staff |
Sen. Lloyd Bentsen, D-Texas, chairman of the Senate Finance Committee, said compared with last year'
YEUTTER: TRADE BILL'S ODDS LESS THAN 50-50
Richard Lawrence |
Clayton Yeutter, the U.S. trade representative, foresees a less than a 50 percent chance that the Un
BROCK MIGHT ACCEPT MINIMUM WAGE HIKE
John Boyd |
Labor Secretary William E. Brock indicated he might accept a moderate increase in the general minimu
LATIN NATIONS TO AIR LOAN, TRADE ISSUES AT REGIONAL MEETING
Rosalind Rachid |
'Money' and 'trade' will be the buzzwords among business executives and government officials from No
SOME TOP TRUCK LINES WON'T ACCEPT RATE HIKE
Leo Abruzzese |
Several major truck lines, including Roadway Express, will not accept a collec tive freight rate inc
WORLD TODAY
From Wire and Staff Reports |
70 percent of Controllers Vote in Favor of UnionAfter six years without a union, the nation'
'LOYALTY CONTRACTS' MAY MAKE COMEBACK JUSTICE CLARIFIES ANTITRUST CONDITIONS
Robert F. Morison |
The long used, and often abused, loyalty contracts tying shippers to ocean carriers may make a comeb
SWISS WON'T GET LIST OF EXPORTERS IN ITC PROBE OF CARGO INSPECTION
Keith M. Rockwell |
The International Trade Commission rejected an application by Societe Generale de Surveillance for a
EXPORT BRIEFS
Wire and Staff Reports |
Japanese Food Agency Buys Wheat From USThe Japanese Food Agency bought six cargoes of U.S. w
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Semiconductor group, Sematech, unveils plans for making the United States t
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
'We Would Return' To China, Reed SaysHONG KONG - Citicorp Chairman John S. Reed said his ins
UK COMMODITY EXCHANGE CHANGES ITS NAME, IMAGE
Edwin Unsworth |
The London Commodity Exchange is changing its name and embarking on a drive to attract more members
MEXICO'S FOREIGN RESERVES SURGE
WILLIAM A. ORME Jr. |
Mexico has nearly doubled its foreign reserve holdings to $13 billion in six months and commercial b
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
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 |
Wed., June 10, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BRAZIL MAY ASK DELAY IN REPAYING IMF
James Bruce |
Brazil may have to ask the International Monetary Fund to allow the coun try to suspend some $1.11 b
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