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INSURANCE CALENDAR
JOC Staff |
Reinsurance Accounting & Finance for Ceders & Assumers, a seminar, will be held in Tarrytown, N.Y.,
ENERGY BRIEFS
From Wire and Staff Reports |
Environmental Power Signs Sales ContractEnvironmental Power Corp. signed a 50-year power sal
INSURANCE BRIEFS
From Wire and Staff Reports |
Corroon & Black Completes AcquisitionCorroon & Black Corp. announced Tuesday that it complet
LYNG HOPES EC DITCHES OIL TAX
Knight-Ridder Financial |
USDA Secretary Richard Lyng said Tuesday he is "cautiously optimistic" the European Community will d
COST OF CREDIT
JOC Staff |
Tuesday, April 7, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
LAWMAKERS VOW TO ACT ON ACUTE-CARE PROPOSALS
Leah R. Young |
House and Senate leaders on health-care issues pledged to amend pending proposals for acute catastro
VOLCKER'S REMARKS HIT DOLLAR
Knight-Ridder Financial |
The U.S. dollar declined Tuesday after moving first higher and then lower on remarks by Federal Rese
FINANCIAL BRIEFS
From Wire and Staff Reports |
Ex-VW Forex Dealer Arrested in ProbeBRAUNSCHWEIG, West Germany - Burkhard Junger, the former
STOCKS FALL AS DOLLAR SLIDES
Gordon Platt |
Stock prices fell sharply Tuesday as the dollar continued to slide against the yen ahead of the meet
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MERRILL LYNCH FIRES TWO UK EMPLOYEES
JOC Staff |
Two Merrill Lynch & Co. employees in London were fired and two others disciplined for running up 12
TIN COUNCIL WEIGHS EXTENSION OF PACT
Knight-Ridder Financial |
International Tin Council sources said that delegates at this week's quarterly session may not vote
JAPANESE SHOW INTEREST IN BRAZILIAN SOYBEANS
Knight-Ridder Financial |
Japanese crushers have been showing increased interest in Brazilian soybeans, and purchases have bee
BOARD PROPOSED TO TAKE OVER FARM CREDIT
Knight-Ridder Financial |
The General Accounting Office will recommend a takeover of the Farm Credit System by a federal contr
CHINA LIMITING STOCK, BOND ISSUES AS DEBATE RAGES
Jasper Becker |
China has moved to limit issues of shares and bonds until the current heated debate over the princip
COMMODITY PROGRAM COSTS MAY SOAR TO RECORD LEVELS
(Ap) |
Agriculture Department economists say taxpayer costs for this year's farm commodity programs could s
COMMODITY BRIEFS
From Wire and Staff Reports |
Monfort, Conagra Sign Merger AgreementKANSAS CITY, Kan. - The boards of directors of Monfort
US OIL DRILLING PLUMMETED 45.7 PERCENT IN FIRST QUARTER
(Ap) |
Analysts for the Petroleum Information Corp. say petroleum drilling in the United States plummeted 4
SPOT PRODUCT PRICES
JOC Staff |
April 7, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
SOVIETS TO CURB SALES TO FINNISH COMPANY?
Knight-Ridder Financial |
The Soviet oil exporting agency Sojuznefteexport is said to be "strongly considering" an option to c
SENATOR DOUBTS BAN ON DRILLING WILL PASS
(Ap) |
U.S. Sen. Pete Wilson doubts a proposed permanent ban on drilling for oil off much of the California
CRUDE OIL PRICES FORECAST TO HIT MID-$20S BY 1990
Journal of Commerce Staff |
Oil prices will range from $18 to $20 a barrel in 1987, as the Organization of Petroleum Exporting C
ENERGY BRIEFS
From Wire and Staff Reports |
USSR Links Oil Price To Spot Brent BlendThe Soviet Union agreed to sell Urals export grade c
DRILLING CO-OP DRAWS FROM A WELL OF RESOURCES DALLAS MORNING NEWS
JOC Staff |
Last August, oilman Bill Davie announced formation of Asset Alliance, the world's first intentionall
CASH MART ACTIVITY IS LIGHT
Knight-Ridder Financial |
Activity in the cash refined products markets was light last week, characterized by sideways price m
1986 TRAFFIC VOLUME UP 50 PERCENT AT BULKITALIA
Journal of Commerce Special |
Bulkitalia, the private bulk carrier line owned on a 50-50 basis by the Ferruzzi Group of Ravenna an
Maritime
COALITION TRIES TO SINK CDS
Chris Dupin |
Shipping and labor interests have joined forces to try to overturn the Department of Transportation'
Maritime
DREDGING UNDER WAY IN VIRGINIA
Rocky L. Rinker |
Sen. John W. Warner, R-Va., says Virginia Gov. Gerald L. Baliles deserves the title "father of Virgi
Maritime
CORRECTION
JOC Staff |
Companie Maritime Belge, or CMB, is privately controlled. A story in the April 2 edition indicated o
Maritime
SAN FRANCISCO SAYS PORT STRONG
Maureen Robb |
The port of San Francisco is willing to set aside $3.8 million to meet its future bond obligations,
Maritime
GOLDSTAR OF AMERICA, SAMSUNG TAKE DIFFERENT ROUTES IN US
Rose A. Horowitz |
Goldstar of America Inc. is paying higher transportation costs to ship its products from its plant s
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
No Violations Found In Luggage ImportsThe U.S. International Trade Commission has affirmed a
Maritime
US COMPANIES TOP UK INVESTOR LIST
Edwin Unsworth |
The number of foreign companies deciding to locate or expand in Britain in 1986 increased for the fo
Maritime
BEER TRADE A SOBERING SIGN FOR CANADA?
Chicago Tribune |
It is a matter of some amusement to Canadians that Moosehead beer is marketed in the United States a
Maritime
GREECE MAY ABOLISH WAGE FREEZE IN '88
(Ap) |
The socialist government indicated that a near-freeze on wages would end in 1988 if the Greek econom
Maritime
S. KOREANS EMULATE JAPANESE
Journal of Commerce Staff |
South Koreans and the Japanese share the Confucian notion of the family and the work ethic. South Ko
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
EC Industrial Output Fell 1 percent in JanuaryBRUSSELS, Belgium - Industrial production in t
Maritime
ARGENTINA SETS AIMS ON DEBT NATION TO INSIST ON SUBSTANTIAL CUTS IN INTEREST RATES
Jeremy Morgan |
Argentine Economy Minister Juan Sourrouille will insist on substantial cuts in interest rates when h
Maritime
CHINESE BANK FROWNS ON STOCKPILING
(Ap) |
The Industrial and Commercial Bank of China has decided to stop lending money to enterprises that ar
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
GM Recalls Workers At Van Nuys PlantGeneral Motors Co. said it will recall about 2,200 laid-
Maritime
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