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NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Soviet Union says the Baltic and Black seas are getting cleaner. Page 1AFo
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Soviet Union says the Baltic and Black seas are getting cleaner. Page 1AFo
US IMPORTERS FACING DELAYS ON SOME CHINESE TEXTILE ITEMS
Rose A. Horowitz |
Importers can expect delays of at least eight days at U.S. ports in clearing some textile and appare
W. GERMAN SURPLUS RISES IN MARCH
(Ap) |
The West German current account surplus rose to 8.8 billion marks in March according to seasonally u
Maritime
LYNG CLAIMS ONE SUCCESS WITH JAPANESE
Gloria Joseph |
Agriculture Secretary Richard Lyng says his one success in Japan is that country's willingness to pu
FORD'S NET DOUBLED TO RECORD IN QUARTER
Journal of Commerce Staff |
Ford Motor Co. said Wednesday its net income more than doubled to $1.5 billion, or $5.73 a share, in
HOUSE APPROVES CALL FOR TRADE RETALIATION GEPHARDT AMENDMENT WINS BY NARROW MARGIN
Richard Lawrence |
The House of Representatives approved the controversial Gephardt amendment, which orders U.S. repris
WORLD TODAY
From Wire and Staff Reports |
Formal Complaint Needed on ICG RateShippers challenging an Illinois Central Gulf Railroad fr
SOVIETS CITE BIG DROP IN POLLUTION IN SEA AREAS AROUND MAJOR PORTS
Albert Axebank |
A Soviet government report says pollution of the Baltic, Black, Barents and Azov seas has "dropped d
SHIPPING FACTORIES TO CHINA ALL IN A DAY'S WORK FOR COSCO
John Davies |
When Walt Schreiber packed up a full-scale cannery and loaded it onto a ship the other day, he bare
SENATE COMMITTEE SOFTENS ITS TRADE LEGISLATION A BIT
Helen Ericson |
The Senate Finance Committee voted 14-2 to soften its trade legislation by returning to the presiden
SKAARUP CHIEF URGES OPEN SHIP REGISTRY
Craig Dunlap |
An open ship registry is what the United States needs to expand and strengthen its merchant marine,
OBSCURE AGENCY TRIES TO GAIN RECOGNITION, APPROVAL ON THE HILL
Helen Ericson |
There's good news for exporters in an obscure piece of the House trade bill that would give a low-pr
WEST COAST BRIEFS
From Wire and Staff Reports |
Ingersoll to Acquire Seattle-Based BeebeWOODCLIFF LAKE, N.J. - Ingersoll-Rand said it plans
Maritime
TAIWANESE PORTS PLAN GRAIN SILOS
Donald Shapiro |
Two Taiwanese ports are planning to construct large new grain silos with the help of foreign and dom
Maritime
IT'S HARD TO FIND A PLACE OF HONOR
Chicago Tribune |
The USS Silversides, the historic World War II submarine that has been exercising squatter's rights
Maritime
NEW MARITIME MALADY - FRAUD FROM WITHIN
James Nolan |
As if financial woes weren't bad enough, the troubled maritime industry is beset with "more con men
Maritime
COUNCIL SAYS GULF PROTECTION IS GLOBAL RESPONSIBILITY
(Ap) |
The six-nation Gulf Cooperation Council believes that protecting ships and freedom of navigation in
Maritime
OFFICIAL SAYS GARBAGE BARGE LIKELY HEADED FOR US PORT
(Ap) |
A federal official says a barge loaded with 3,000 tons of Islip, N.Y., garbage is likely headed for
Maritime
INDUSTRY WEIGHS ENFORCEMENT OF DRUG, ALCOHOL RULES
Chris Dupin |
While the Coast Guard says there appears to be widespread support for the concept of stronger laws a
Maritime
DOLLAR HIGHER ON FOREIGN BUYING
Knight-Ridder Financial |
The U.S. dollar was broadly higher Tuesday, thanks in part to heavy buying in Japan and the United K
BIG UK BANKS SLASH LENDING RATES TO 9.5 PERCENT
Knight-Ridder Financial |
Major U.K. banks lowered their base lending rates (equivalent to the U.S. prime rate) by 0.5 of a pe
STOCKS FOLLOW DOLLAR HIGHER
Gordon Platt |
Stocks rose along with the dollar Tuesday, amid hopes interest rates may not have to go any higher.<
CANADIAN FLEET FACES HAZARDS
Leo Ryan |
Canada's freshwater fleet is sailing into uncharted waters in the coming year, said a leading Canadi
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
HONG KONG SAYS IT WON'T REVALUE
P.T. Bangsberg |
The government here is standing firm in its refusal to revalue the currency, which is linked to the
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
FINANCIAL BRIEFS
From Wire and Staff Reports |
Change Is Foreseen In Soviet BankingOSAKA, Japan - The Soviet Union may revamp its banking s
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Tue., April 28, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
PLASTICS CORNER
Journal of Commerce Staff |
Polyvinyl Chemicals Raises Polymer PricesWILMINGTON, Mass. - Polyvinyl Chemicals announced i
CHEMICAL MARKETS BENZENE USE IN GASOLINE BOOSTS MART
Arnaldo Arroyo |
The strengthening trend in the market for benzene is expected to continue throughout the summer mont
EARNINGS IMPERIAL CHEMICAL'S NET JUMPS MORE THAN 50 PERCENT
Journal of Commerce Staff |
Imperial Chemical Industries PLC reported net income for first quarter 1987 of $301.0 million, or $1
MEDIUM-SIZE FORWARDERS: FUTURE FAR FROM BLEAK
Richard Malkin |
Over the past year or so many air cargo industry personalities whose views were reflected in this co
CHINESE PLAN TO CO-PRODUCE 150 AIRCRAFT
Charles Barton |
China plans to coproduce at least 150 passenger aircraft in the 150- to 180- seat category.
COURT RULING LIKELY TO SPUR RAIL LEGISLATION
David M. Cawthorne |
The Supreme Court's unanimous decision to permit rail unions to engage in secondary boycotts will ha
UK SETS PRICE FOR JET ENGINE MAKER
JOC Staff |
The British government Tuesday put a 1.36 billion ($2.26 billion) price tag on Rolls-Royce PLC, ann
DISSATISFIED SHAREHOLDERS QUESTION BOEING RESULTS
Gloria Joseph |
Lower first quarter earnings announced at the Boeing Co.'s annual stockholders' meeting prompted a d
UK AIRPORTS' CARGO TRAFFIC UP 3.5 PERCENT
Journal of Commerce Staff |
Cargo handled at the seven airports managed by the British Airports Authority rose by 3.5 percent in
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