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INSURANCE BRIEFS
From Wire and Staff Reports |
Conn. Agents Elect Pinkney, LennoxWETHERSFIELD, Conn. - John E. Pinkney was elected presiden
SPOT PRODUCT PRICES
JOC Staff |
May 21, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon, f
CITICORP PLANS TO UNDERWRITE POLITICAL RISKS
C.A. Carpenter |
Citicorp has invested $10 million in a new insurance subsidiary to underwrite political risks worldw
MILD WINTER LOWERS US HEATING COSTS
(Ap) |
Mild temperatures last winter saved Americans $2.2 billion by lower ing the demand for heat across m
STABLE OIL PRICES FORECAST
Journal of Commerce Staff |
Crude oil prices will "rock along" in the $20-a-barrel range for the next ''two or three years" befo
ARGENTINA, NETHERLANDS SETTLE PIPELINE DISPUTE
Jeremy Morgan |
Argentine and Dutch officials have signed an agreement settling their five- year wrangle over debts
ENERGY BRIEFS
From Wire and Staff Reports |
Iran to Supply Japan 14,000 Barrels a DayIran is to supply Japan with 140,000 barrels a day
PATIENCE A (VALUABLE) VIRTUE IN ASIAN DEALING
William Armbruster |
Patience and respect for the culture and customs of the other country are essential for U.S. compani
Maritime
WEST COAST VIDEO PLANS UK VENTURE
Knight-Ridder Newspapers |
The videotape chain West Coast Video said it will export its highly successful formula to the United
Maritime
FIVE PRIVATE EXPORTERS SELL WHEAT TO SOVIETS
(Ap) |
The Agriculture Department said private exporters have sold the Soviet Union an additional 400,000 m
Maritime
HONDA EXECUTIVE SEES US FIRMS IMPROVING
Bill Mongelluzzo |
U.S. companies are closer to becoming successful exporters than they might realize. At least
Maritime
US FARM PRODUCT EXPORTS TO HONG KONG ON THE RISE
(Ap) |
Tiny Hong Kong, a total area of 412 square miles, has 6 million inhabitants who are turning into som
Maritime
QUOTA WATCH
JOC Staff |
Source: International Development Systems Inc., May 1987.
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
USDA Targets Saudis For Additional BarleyThe U.S. Department of Agriculture has targeted Sau
Maritime
LAWMAKERS OPPOSE PLASTIC GUNS
(Ap) |
Plastic handguns are a "triple-barrel terrorist threat" whose availability in the United States must
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NEW PRODUCTS MARKETPLACE
JOC Staff |
Communication Link Developed for DiversBritain's Marconi Underwater Systems has developed a
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Canada Approves Lumber Pact With USA controversial lumber agreement with the United States,
Maritime
VIRGINIA COMPANY MAKES IMPORTERS' LIFE EASIER
Rocky L. Rinker |
When Alistair Jackson wanted to import wet suits into the United States from his native England in t
Maritime
MALAYSIA CHIPS EMERGE AS NO. 1 EXPORT EARNER
P.T. Bangsberg |
Exports of electronic components from Malaysia could rise as much as 11 percent this year, with the
Maritime
BROCK WARY OF STEEL AID PLAN
(Ap) |
Labor Secretary William E. Brock warned U.S. steel executives that direct government aid to their co
Maritime
CROWLEY DEAL SEEN NEAR
Craig Dunlap |
It's not yet a "done deal" officially, but there aren't many on the street who doubt Crowley Maritim
Maritime
DRAVO INKS BARGE PACT
Tim Sansbury |
Dravo Mechling Corp. just signed a one-year contract with a major coal supplier to barge export coal
BOX FACILITIES HIT AT VANCOUVER PORT
Mark Wilson |
A 50-mile container destuffing rule in the port of Vancouver is expected to be abolished in the fall
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SAN FRANCISCO PORT DIRECTOR CLEARED OF CHARGES
Maureen Robb |
The port of San Francisco's director, Gene Gartland, has been cleared of conflict of interest charge
Maritime
BILL BOOSTS FMC POWERS
Tim Neale |
The House Merchant Marine Subcommittee approved a bill to increase the power of the Federal Maritime
Maritime
MARITIME CALENDAR
JOC Staff |
The Society of Naval Architects and Marine Engineers. Annual spring meeting and Ship Technology and
Maritime
DOLLAR MOVES LITTLE AHEAD OF GNP DATA
Knight-Ridder Financial |
The U.S. dollar eased from higher morning levels at midday Thursday in very subdued trading.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDIA MAY BORROW IN US BOND MARKET
Neel Patri |
One of the more conservative borrowers among developing countries, India is exploring the possibilit
STOCKS BREAK LOSING STREAK
Gordon Platt |
Stocks broke a string of five consecutive losses Thursday, as buyers were attracted by a relatively
VENTURE CAPITAL FUND ATTRACTING FOREIGN MONEY FOR US START-UPS
Journal of Commerce Staff |
"Risk capital" from abroad is helping U.S. venture firms crack foreign markets. Start-up com
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 |
Thu., May, 21, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FINANCIAL BRIEFS
From Wire and Staff Reports |
Tokyo Futures Trading Seen Starting SlowlyJapanese residents will be allowed to begin tradin
MARITIME DAY TALKS RAP US POLICIES
Robert F. Morison |
National Maritime Day brought traditional tributes to the merchant marine's contributions to the nat
Maritime
CITICORP MOVE POSITIONS BANK FOR DEBT TALKS
Knight-Ridder Financial |
Citicorp chairman John Reed's decision to shift $3 billion into loan loss reserves and take a second
PLASTICS CORNER MOBIL TO EXPAND OPP PLANT
Journal of Commerce Staff |
Mobil Chemical Co. has broken ground for a major expansion and modernization of its oriented polypro
PORT HOPES FOR MORE
Marie Prat |
The port of Brownsville might be one of the few places in Texas where bigger isn't necessarily viewe
Maritime
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