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NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Investment Company Institute filed suit to stop Chase Manhattan Bank
Maritime
TREASURY POSTS $28 BILLION DEFICIT
Journal of Commerce Staff |
The U.S. Treasury posted a $28.01 billion deficit in March, bringing the total budget shortfall to $
FINANCIAL WORLD EXPECTS VOLCKER REAPPOINTMENT
Alan Zimmerman |
Many top corporate financial officers say they expect U.S. Federal Reserve Chairman Paul Volcker to
FINANCIAL BRIEFS
From Wire and Staff Reports |
South Korea to Revalue By 7 percent Against DollarSEOUL, South Korea - South Korea plans to
STOCKS ADVANCE SHARPLY ON DOLLAR AND BOND NEWS
Journal of Commerce Staff |
The stock market soared to its second largest one-day point gain Tuesday after worries about the dol
DOLLAR FIRMS ON INTERVENTION REPORTS
Knight-Ridder Financial |
The U.S. dollar held a firm tone Tuesday on morning reports that the West German and Swiss central b
DIVERSIFICATION PAYS OFF FOR RTZ ADDING INDUSTRIAL AND ENERGY OPERATIONS TO MINING HELPS PROFIT
Bruce Barnard |
Rio Tinto-Zinc, the giant mining, energy and industrial group, has been rocked by more setbacks in t
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
HONG KONG MINING GROUP SETS SIGHTS ON PHILIPPINES
P.T. Bangsberg |
A rapidly expanding mining company that previously acquired a substantial stake in a Canadian gold f
COST OF CREDIT
JOC Staff |
Tuesday, April 21, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
S. AMERICAN OILSEED SALES LIKELY TO LAG
Knight-Ridder Financial |
Oilseeds exports from South America are likely to rise by only 800,000 metric tons in calendar 1987,
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
INVESTORS RENEW INTEREST IN GOLD
Janet Porter |
After four years in the doldrums, gold has suddenly returned to favor amid concern about stock marke
LYNG WARNS OF EFFECTS OF JAPANESE INACTION
(Ap) |
Japan's government seems unaware that growing protectionist sentiment has put the United States on t
COMMODITY BRIEFS
From Wire and Staff Reports |
Brazilian Sugar Output Rose in FebruaryBrazil's February sugar production of 467,000 metric
SPOT PRODUCT PRICES
JOC Staff |
April 21, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
JOFC ADDS YANKEE TO SPOT GAS TABLE
Sam Glasser |
The Journal of Commerce today begins listing weekly natural gas price quotations supplied by the Yan
OXY SELLS UNITED GAS TO DALLAS COMPANY
(Ap) |
Occidental Petroleum Corp. is selling United Gas Pipe Line Co., which has 9,800 miles of pipeline an
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Investment Company Institute filed suit to stop Chase Manhattan Bank
THE CATCH-22 IN JFK CARGO SYSTEM
Richard Malkin |
From the point of view of the airline cargo service executive at Kennedy International Airport, it i
SECURITY PACIFIC CORP. PROMOTES 6 EXECUTIVES
Journal of Commerce Staff |
Security Pacific Corp., the nation's sixth largest bank holding company, said Tuesday it promoted si
EUROPEAN LINES DISMISS RUMORS OF BIG MERGER
Edwin Unsworth |
Several European airlines have denied rumors that they are planning a mega- merger now that the Euro
US WILL SELL IRAN COMPUTER SUPPLIES
(Ap) |
The U.S. government has approved the sale of $900,000 worth of equipment containing U.S.-made comput
3 MAJOR AIRLINES EXPECTED TO EXTEND DISCOUNT FARES
(Ap) |
The nation's major airlines are expected to offer deeply discounted special fares through the end of
AVIATION BRIEFS
From Wire and Staff Reports |
Pandair Buy-out Likely To Expand Stake in UKPandair International, the Dutch air freight for
A CORRECTION
JOC Staff |
Samsung Group distributes its electronics products in the United States through Samsung Electronics
MUTUAL FUND GROUP FIGHTS CHASE INDEX 'INVESTMENT'
Journal of Commerce Staff |
The Investment Company Institute filed a complaint in the Federal District Court for the District of
WORLD TODAY
From Wire and Staff Reports |
2 Banks Blame Brazil For Lower Net IncomeManufacturers Hanover Corp. and Citicorp said Brazi
HIGH US PRICES FOR GRAIN SLOW SOVIET TRADE
Rose A. Horowitz |
When Dwayne Andreas met with Mikhail Gorbachev, the Soviet leader who was then in charge of agricult
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
QUOTE TO NOTE
JOC Staff |
On U.S. offshore manufacturing People cannot believe we could stop building automobiles in t
Maritime
CSX TO INSTALL ITS OWN MAN AS SEA-LAND CHIEF MAY 1 HINTZ TO REPLACE RETIRING ABELY
Mark Magnier |
CSX Corp. is putting its own man in charge of Sea-Land Corp., which it acquired last May. Jo
TEXTILE STRIKE CLOSES LARGE MILLS IN MEXICO
WILLIAM A. ORME Jr. |
Most of Mexico's large textile mills were closed this week by what unions say was their first indust
Maritime
NEW PRODUCTS MARKETPLACE PORTABLE POWER SYSTEM UTILIZES SOLAR ENERGY
JOC Staff |
A Dutch manufacturer has developed a portable power system operating on solar energy. The generator
Maritime
BARGE USE IS FOCUS OF SEMINAR
Journal of Commerce Staff |
A seminar here May 6-8 will focus on the possibility of using seagoing barges and inland-ocean ships
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Shaw-Ross to Import New Zealand LagerShaw-Ross International Importers Inc., Miami, Fla., an
Maritime
SEA-LAND EXECUTIVE LEFT IMPRINT, BUT MANAGEMENT STYLE WAS CRITICIZED
Mark Magnier |
Joseph F. Abely Jr. seemed destined for a successful career as a chief executive. He went to the fi
Maritime
STOCKTON GETS GOOD REPORT
Maureen Robb |
The port of Stockton, stung by a critical grand jury report last year, wants it known that a new gra
Maritime
HONG KONG SELLERS PROFIT FROM FAIR
P.T. Bangsberg |
Hong Kong exhibitors signed orders worth HK$4.3 million (US$550,000) at the recent International Hou
Maritime
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