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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
SPOT PRODUCT PRICES
JOC Staff |
April 10, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
WEST COAST BRIEFS
From Wire and Staff Reports |
Lumber Production Up in Western StatesPORTLAND, Ore. - Lumber production rose, but orders an
Maritime
ELECTRONICS GROUP ATTACKS ACCOUNTING RULE CHANGE
(Ap) |
A proposed accounting change for stock options could cut the average high- technology company's earn
Maritime
ILA CHIEFS MEETING ON CANADIAN PLAN
Leo Ryan |
Executives of longshoremen locals in eastern Canada are meeting today in Saint John, New Brunswick,
Maritime
WEEK AHEAD
From Wire and Staff Reports |
Figures Coming Out On Industrial OutputThe Federal Reserve releases its monthly figures on i
ITEL CHIEF SAYS FIRM WANTS XTRA
John Davies |
The president of Itel Container Corp., which last month became the world's largest lessor of ocean s
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SOVIETS BOOST IMPORTS OF GRAIN
(Ap) |
The Soviet Union surprised Agriculture Department experts by once again boosting grain imports, sugg
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
LENDING OUTLOOK GLOOMY FOR IDB
Richard Lawrence |
Prospects for expanded Inter-American Development Bank lending to Latin America and the Caribbean ar
VENEZUELA SIGNS DEVELOPMENT AGREEMENT
Journal of Commerce Staff |
Carbozulia, a subsidiary of Petroleos de Venezuela SA, signed a preliminary development agreement wi
US CHIP ORDERS SURGE
John Davies |
Orders for U.S.-made semiconductors broke through the $1 billion level in March, creating optimism t
Maritime
EUROPEAN MILLS PRESS FOR PRICE CUTS
Journal of Commerce Staff |
The coal contract year in Europe is under way with steel mills pressing coal vendors to lower their
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
LINE SEEKS CHAPTER 11 PROTECTION
Gregory S. Johnson |
Flagship Container Line, a small carrier operating in the U.S. Gulf-Central American trade, filed fo
Maritime
SENATOR LAUNCHES FIRST SAILING IN ITS ROUND-THE-WORLD SERVICE
Bruce Barnard |
Senator Line launched its ambitious round-the-world service Friday night as the containership German
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
FINANCIAL BRIEFS
From Wire and Staff Reports |
Tokyo Mart Weighs More Foreign SeatsTOKYO - The Tokyo Stock Exchange may increase membership
COST OF CREDIT
JOC Staff |
Fri., April 10,1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
MASS. GASOLINE PRICES CONTINUE RISING
Journal of Commerce Special |
Massachusetts gasoline prices continued their average 1 cent a gallon-a-month upward spiral, accordi
ENERGY BRIEFS
From Wire and Staff Reports |
Statoil to Operate Three Dutch BlocksOSLO, Norway - Statoil was selected as operator for thr
GREEK ECONOMIC 'SHIP' SEEN BOUND FOR DISASTER
Victor Walker |
Greece is sinking rapidly toward inclusion in the category of less developed countries, and faces th
Maritime
LAX GROWTH HIGHLIGHTS NEED FOR EXPANSION
Bill Mongelluzzo |
Record passenger and cargo throughput at Los Angeles International Airport in 1986 demonstrates once
CONTROLLER ERRORS SOARED IN 1ST QUARTER
(Ap) |
Air traffic control miscues that resulted in planes coming closer than federal regulations permit so
MARITIME CALENDAR
JOC Staff |
The Marine Society of the City of New York. 217th annual dinner. April 13 at the Plaza Hotel, New Y
Maritime
COLOR THE ECONOMY GLOOMY AS DOLLAR CONTINUES TO FALL
RIPLEY WATSON Jr. |
A further plunge by the dollar would weaken the U.S. and world economies, increase the chance of a r
YES, SAVANNAH SAYS, THERE IS A LIFE AFTER USL
Craig Dunlap |
Is there life in Savannah after United States Lines? Can a port lose more than a third of its contai
TEXTILE IMPORTERS WAGE WAR ON PROPOSED CUSTOMS CODE
Bill Mongelluzzo |
The new Harmonized Commodity Description and Coding System is scheduled to take effect in less than
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
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
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
EC PLAN TO DEAL WITH DISASTERS
(Ap) |
The European Community Commission has proposed a plan for coping with disasters in the 12-nation 320
MAJOR FIRES LIKELY AFTER BIG QUAKES
(Ap) |
Destructive fires would consume thousands of homes after a large earthquake on Los Angeles' Newport-
Maritime
SATELLITE WILL BOOST CELLULAR PHONE RANGE
(Ap) |
Cellular telephone service enabling clear communications throughout North America via satellite, par
Maritime
S. KOREA LIFTS CIGARETTE CURBS
(Ap) |
All tobacco retail shops in South Korea are now allowed to freely sell foreign cigarettes, the Korea
Maritime
WORLD TODAY
From Wire and Staff Reports |
Dollar Hits New Low In Postwar TradingThe dollar fell to a new postwar low against the yen a
COST OF CREDIT
JOC Staff |
Thursday, April 9, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
WORLD STOCK MARKETS MAY RISE, STUDY SAYS
Journal of Commerce Staff |
The outlook for the world's major stock markets is positive, according to a quarterly report publish
HEAVY CLASS 8 TRUCK SALES SOARED IN MARCH
Michael S. Lelyveld |
Sales of class 8 heavy trucks exploded in March while smaller class 7 truck sales drooped from last
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