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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INSURANCE BRIEFS
From Wire and Staff Reports |
Maine Flood Damage Nears $115 MillionHigh water receded as flood-weary Maine residents were
CALFED'S MOVE INTO P/C SEEN HAVING PROBLEMS
C.A. Carpenter |
CalFed Inc. is moving into property and casualty insurance in a way that history shows is risky in m
STOCKS REBOUND LIKELY
Gordon Platt |
The stock market will return to its winning ways later this week, analysts predict, although much wi
REGULATION RX FOR FIRM'S SUCCESS
Charles V. Zehren |
Regulation is a bitter pill for most businesses. But stricter rules governing asbestos are proving t
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
REINSURERS SAY ACTUARIES NEEDED
Journal of Commerce Staff |
Buffalo Reinsurance Co. has grabbed a well-known reinsurance actuary from a competitor in line with
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
Tokyo Mart Weighs More Foreign SeatsTOKYO - The Tokyo Stock Exchange may increase membership
CANADA'S 'BIG BANG' MAY OFFER BIG OPPORTUNITIES FOR US BROKERS
Journal of Commerce Staff |
Canada's "Big Bang," the planned deregulation of its capital markets, may provide attractive opportu
COST OF CREDIT
JOC Staff |
Fri., April 10,1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PORTFOLIO OF BIOTECH FIRMS OUTPERFORMS DOW INDUSTRIALS
Journal of Commerce Staff |
A portfolio of 37 biotechnology companies outperformed the Dow Jones industrial average by a 2-to-1
PRECIOUS METALS OUTLOOK BRIGHTENS
Orlando Sentinel (AP) |
The U.S. Treasury's introduction last fall of the American Eagle gold coin inspired more public inte
COPPER PRICES ARE FORECAST TO RALLY TO 67 CENTS IN MAY
Knight-Ridder Financial |
Copper is forecast to rally to 67 U.S. cents a pound in May, basis Comex first position, before the
US SCORES RANDOMLY ON FOOD CONSUMPTION
(Ap) |
Although beer consumption by Americans has slowed in recent years, it still is a hop or two ahead of
SOVIETS BOOST IMPORTS OF GRAIN
(Ap) |
The Soviet Union surprised Agriculture Department experts by once again boosting grain imports, sugg
COMMODITY BRIEFS
From Wire and Staff Reports |
China Halts Corn ExportsChina has halted corn exports, and in recent weeks has diverted for
NIMO SEEKS SHAREHOLDER OK FOR DIVERSIFICATION AMENDMENT
(Ap) |
Niagara Mohawk Power Corp. asked its shareholders to vote on an amendment to the company's charter t
AUSTRALIA EXPECTS MORE JAPANESE BEEF
Knight-Ridder Financial |
Australia is expecting a large increase in Japan's beef imports under a new agreement yet to be nego
APRIL BRENT CRUDE REACHES $19.50 ON SHORT COVERING
Bruce Barnard |
North Sea oil prices surged past the $19 a barrel mark last week as short covering by traders propel
SENATORS INTRODUCE OIL IMPORT TAX BILL
(Ap) |
Two oil-state senators who chair key committees introduced a bill to raise oil prices to $24 a barre
RISE IN COTTON USE SPURS WORLD DATA REVISIONS
(Ap) |
China used more cotton in the last two years than previously indicated, which has triggered extensiv
CANADA OK'S GAS EXPORTS TO UTILITIES
(Ap) |
The Canadian government Friday approved natural gas export licenses authorizing the export of 393.5
MASS. GASOLINE PRICES CONTINUE RISING
Journal of Commerce Special |
Massachusetts gasoline prices continued their average 1 cent a gallon-a-month upward spiral, accordi
EXPLOSION KILLS S. AFRICAN MINERS
(Ap) |
A suspected methane-gas explosion in a coal mine 430 feet underground killed 34 workers and injured
SPOT PRODUCT PRICES
JOC Staff |
April 10, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
ENERGY BRIEFS
From Wire and Staff Reports |
Statoil to Operate Three Dutch BlocksOSLO, Norway - Statoil was selected as operator for thr
GASOLINE PRICE TABLE EXPANDED
JOC Staff |
The Journal of Commerce has added three cities to the gasoline price table for reseller rack sales.
BUSH TASK FORCE TO PUSH USE OF ALCOHOL FUEL
(Ap) |
Vice President George Bush, pushing for the use of alcohol in cars, trucks and buses to reduce air p
PRODUCERS DON'T WANT SPR TAB
(Ap) |
U.S. oil producers are not pleased with the House's deficit-reducing idea of having the petroleum in
TRAFFIC BRIEFS
From Wire and Staff Reports |
Shipper Request to ICC May Stir Antitrust RowIn a move that may launch a major antitrust fig
ENERGY BRIEFS
From Wire and Staff Reports |
S. Korea Cites Decline In Crude Oil ImportsSEOUL, South Korea - South Korea's crude oil impo
GRAIN BARGE DEMAND FUELS COAL RATE HIKE
Tim Sansbury |
Barging rates for coal have taken a sharp jump in recent weeks and could stay up for the remainder o
ARGENTINE NUCLEAR BOARD HEAD RESIGNS IN PROTEST OF CUTBACKS
Jeremy Morgan |
The head of Argentina's state nuclear energy board, Comision Nacional de Energia Atomica, resigned a
BOSTON FACING SUMMER BLACKOUTS?
TOM MCNIFF Jr. |
Boston Edison's Pilgrim nuclear power plant likely will not be restarted until late summer, adding t
3 CALIF. UTILITIES SEEK ROLE IN PLANNED LINE
(Ap) |
California's three largest private utilities say their customers might pay in the short run but woul
NRC OFFICIAL SAYS DOCUMENTS WERE LEAKED TO LA. UTILITY
(Ap) |
Internal Nuclear Regulatory Commission documents dealing with allegations against a Louisiana nuclea
HOUSE COMMITTEE ATTEMPTS TO CLOSE MINING LOOPHOLE
(Ap) |
The Reagan administration and the House Interior Committee are trying to close a mining law loophole
ENERGY BRIEFS
From Wire and Staff Reports |
TVA Awards Contracts For Coal DeliveriesTennessee Valley Authority awarded six spot market c
RETAILERS REPORT MIXED SALES
JOC Staff |
The nation's largest general retailers Thursday reported their sales were mixed in March, with bad w
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