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MALAYSIA TO REVIEW OIL PRODUCTION CUTS
P.T. Bangsberg |
Rising interest in oil exploration in Malaysia and falling revenue may lead the government to recons
GASOLINE PRICES UP IN MASS. DEALERS GEAR UP FOR OPEC PRICE HIKE, SUMMER DEMAND
TOM McNIFF Jr. |
Gasoline stocks are up and prices are rising as Massachusetts dealers gear up for a possible hike in
GASOLINE PRICES CLIMB IN CALIF.
(Ap) |
Motorists traveling over the Memorial Day weekend will find gasoline prices have started their summe
CHARLESTON FIGHTS BACK AND WINS AGGRESSIVE SALES STAFF LURES 14 NEW SERVICES
Craig Dunlap |
A rather remarkable transformation of Charleston's port is instilling the port community with a newf
Maritime
REGAL INTERNATIONAL TO BUY BELL PETROLEUM SERVICES
Journal of Commerce Special |
Regal International Inc. and Bell Petroleum Services Inc. announced that under an agreement signed W
ENERGY BRIEFS
From Wire and Staff Reports |
Sun Company Raises Crude Buying PricesSun Co. said it raised its posted buying price for Wes
ARGENTINA SET FOR 3RD ROUND OF OIL BIDS
Jeremy Morgan |
The government will issue its third call for bids for oil exploration and production contracts on Ju
GASOLINE, OIL STOCKS CONTINUE TO DECLINE
Journal of Commerce Staff |
Gasoline and distillate oil inventories continued to decline, according to the American Petroleum In
NY PROPOSES CHANGING UTILITY TAX
(Ap) |
Republicans in the state Senate Tuesday proposed changing the way New York has taxed its utilities f
ENERGY BRIEFS
Wire and Staff Reports |
US Mine Safety Firm Forms China VentureMine Safety Appliances Co. said Wednesday that it had
RULING FAVORS ND SYNFUELS PLANT
(Ap) |
Four pipeline companies must continue buying the output of a North Dakota synfuels plant, according
COAL COUNCIL DELAYS IMPORTED ENERGY DRAFT
Tim Sansbury |
A disagreement about the feasibility of substituting domestic coal for imported energy has prompted
NY PROJECT SUSPENDED
Journal of Commerce Staff |
The New York Power Authority is suspending efforts to build a long-delayed pumped storage hydroelect
RG&E'S DIVIDEND IS IN DOUBT
Journal of Commerce Staff |
Rochester Gas & Electric Corp. shareholders were told Wednesday that the company's ability to mainta
WEST COAST BRIEFS
From Wire and Staff Reports |
First Operating Trolley Makes Run in Calif.SAN JOSE, Calif. - The first operating trolley ca
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
World Bank Approves Credit to ArgentinaThe World Bank approved $500 million in credit to sup
Maritime
EXPORTERS URGED TO LOOK TO EUROPE
William Armbruster |
Economic growth in Europe presents new opportunities for U.S. exporters, a top Coca Cola Co. executi
DOLLAR TURNS HIGHER ON FED INTERVENTION
Knight-Ridder Financial |
The U.S. dollar turned mostly higher Wednesday after falling on Tuesday's news of Citibank increasin
SIMEX FUTURES TRADING SEEN GROWING SHARPLY
Knight-Ridder Financial |
Financial futures trading on the Singapore International Monetary Exchange will grow sharply over th
STOCKS TRY TO END LOSS STREAK
RIPLEY WATSON Jr. |
The stock market struggled unsuccessfully to end its losing streak Wednesday as analysts' recommenda
RE-FLAGGING PROPOSAL CRITICIZED IN HOUSE
Journal of Commerce Staff |
House Speaker Jim Wright, D-Texas, said Congress was looking into the administration's proposal to a
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MATSON, LOS ANGELES CALL FINE UNJUSTIFIED
Bill Mongelluzzo |
Attorneys representing the port of Los Angeles and Matson Terminals Inc. told a Federal Maritime Com
Maritime
GOLD CALLED MORE THAN INFLATION HEDGE
Janet Porter |
Gold is now seen by investors as far more than just a hedge against inflation, according to Consolid
DELTA ASKS APPEALS COURT TO REVERSE ILA DECISION
Joseph Bonney |
Lawyers for Delta Steamship Lines asked a federal appeals court Wednesday to reverse a judge who rul
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ON THE MOVE LAW FIRM TAPS ADAMS FOR POST
Staff Report |
Jones, Day, Reaves & Pogue named Charles C. Adams partner-in-charge of the new Geneva office of this
FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan to Continue Easy Money PolicyTOKYO - Bank of Japan Governor Satoshi Sumita said the ce
SENATE COMMITTEES FINISH UP WORK ON OMNIBUS TRADE BILL
Helen Ericson |
Senate committee work on the omnibus trade bill came close to completion as the Foreign Relations Co
COST OF CREDIT
JOC Staff |
Wed., May 20, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
AVIATION BRIEFS
Wire and Staff Reports |
United Express Moving O'Hare OperationsAPPLETON, Wis. - Air Wisconsin Inc., which operates a
STEELMAKERS SEEK MORE FEDERAL AID
Richard Lawrence |
Steel industry leaders are urging both federal funding and extended import curbs to help make their
HEAVY TRUCK SALES HIT DOUBLE-DIGIT GROWTH
Michael S. Lelyveld |
The surge in heavy truck sales broke into double-digit growth as final figures for April showed a st
AIRBORNE OFFERS 1 MILLION NEW SHARES
Gloria Joseph |
Airborne Freight is offering 1 million new shares of common stock, a move that could make it more ex
COMPUTER FAIR OPENS IN CHICAGO
Kevin D. Thompson |
The Distribution/Computer Expo '87 conference blew into the Windy City today, replete with a host of
SHIPPERS FOCUS ON 3 KEY AREAS IN RAIL RATE DECONTROL GRIPES
David M. Cawthorne |
Shipper criticisms of the Interstate Commerce Commission's implementation of a 1980 law reducing gov
RAIL BRIEFS
From Wire and Staff Reports |
$280 Million in Suits Filed Against N&WNORFOLK. Va. - A total of 14 lawsuits, totaling $280
TRANSPORT EARNINGS GATES LEARJET POSTS LOSS FOR QUARTER
JOC Staff |
Gates Learjet Corp. reported a net loss of $1.5 million in the first quarter, compared with a loss o
CNW PLAN WOULD ELIMINATE JOBS OF UP TO 1,300 BRAKEMEN
(Ap) |
Up to 1,300 railroad brakemen would be phased out of their jobs under a plan by Chicago and North W
RAILS WATCH PIONEERS INTO TRUCKING INDUSTRY
TOM McNIFF Jr. |
A transportation industry analyst says that while railroads may wish to expand into the trucking ind
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