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FINANCIAL BRIEFS
From Wire and Staff Reports |
Nations on Baker List Fall Deeper Into DebtFinancial conditions of 15 heavily indebted count
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe nominating committee of the New York Stock Exchange named three new candidat
STEEL PRODUCTION UP 10 PERCENT IN WEEK
(Ap) |
Steel production rose to 1.570 million tons in the week ended March 7, an increase of 10.1 percent f
COST OF CREDIT
JOC Staff |
Tue., March 10, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
PROPOSALS AIM TO BOOST EXPORTS
Richard Lawrence |
Rep. Don Bonker, D-Wash., outlined a new batch of legislative proposals to help bolster U.S. exports
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe nominating committee of the New York Stock Exchange named three new candidat
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Baltic Exchange Marts Considering MergerThree agricultural futures markets on the Baltic Exc
BAKER BACKS NON-BANK BANKS
Leah R. Young |
While the Senate Banking Committee began considering legislation to restrict the activities of non-b
FOREIGN HEADLINES
From Wire and Staff Reports |
US-Soviet Talks Begin GENEVA - U.S. and Soviet negotiators on medium-range missiles Tuesday
Maritime
RUBBER PACT MEETING UNDER WAY
(Ap) |
Representatives of 40 rubber producing and consuming countries began a two- week meeting in what is
US PAPER GROWTH LIKELY
Cristina Lee |
The U.S. paper and pulp industry is poised for another growth year but looming threats from abroad a
HOW INQUIRIES PLAY ROLE IN LIABILITY
Edwin Unsworth |
The insurance liability for the ill-fated ferry Herald of Free Enterprise that capsized in the Engli
Maritime
TOBACCO INTERESTS HAIL RULING
Russ Banham |
Product liability insurers of the U.S. tobacco industry are cheered by the U.S. Supreme Court's rece
RISK NOTIFICATION PLAN SEEN STIRRING CLAIMS
Leah R. Young |
The insurance, petroleum and chemical industries are sounding the same theme before Congress.
INSURERS BILL $4.8 MILLION FOR JULY 4TH
Journal of Commerce Staff |
The Statue of Liberty-Ellis Island Foundation Inc. said it got socked with a whopping $4.8 million b
INSURANCE BRIEFS
From Wire and Staff Reports |
Syntelligence, IBM Enter Joint VentureSUNNYVALE, Calif. - Syntelligence announced a joint ve
BULLISH SENTIMENT BOOSTS DOLLAR
Knight-Ridder Financial |
New bullish sentiment lifted the dollar to a four-week high against the deutsche mark Monday.
NEW YORK FILES $140 MILLION SUIT AGAINST F.B. HALL
Paula L. Green |
The Superintendent of Insurance has filed a $140 million lawsuit against Frank B. Hall & Co. Inc. an
INSURERS ADVANCE DRIVE TO END APPEAL FINES
Leah R. Young |
For the third time in as many years, insurance companies will try to persuade the Supreme Court to i
UTILITY SUPPORTS SEABROOK OWNERS
Journal of Commerce Special |
New England Power Co. will go along with other owners of the Seabrook nuclear power project if owner
BRITAIN CUTS INTEREST RATES TO CURB DEMAND FOR POUND
Janet Porter |
Borrowing costs in Britain fell by 0.5 percentage point Monday, as the Bank of England acted to curb
STOCKS FALL ON PROGRAM SELLING
Gordon Platt |
Stocks plunged at the opening bell Monday and remained depressed throughout the session. The
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MINE OPERATORS LOSE DECISION ON PA. STATUTE
Leah R. Young |
The state of Pennsylvania does not have to compensate coal mine operators for 27 million tons of coa
LDC LOAN PLAN GAINS IN TOKYO
A.E. Cullison |
A proposal by 28 major Japanese banks to form an offshore company to pool Third World loan claims i
STERLING PLANS TO ACQUIRE PPG BUSINESS
Journal of Commerce Staff |
PPG Industries Inc. agreed to sell its $50 million ethylene business to Houston-based Sterling Group
PLASTICS CORNER
Journal of Commerce Staff |
Reichhold Hikes Prices Of Waferboard ResinsReichhold Ltd., a subsidiary of Reichhold Chemica
COMMODITY BRIEFS
From Wire and Staff Reports |
India's Food Output To Fall Short of TargetNEW DELHI, India - India's 1986-87 (July-June) fo
TRANSPORT EARNINGS
JOC Staff |
Brown Improves Quarterly NetBrown Transport Co.'s fourth quarter earnings rose to $1.4 milli
DOUBLE-STACK TRAINS EXPAND ON WEST COAST
John Davies |
In less than five years, the number of double-stack trains operating from the West Coast has mushroo
RAIL SHIPPERS, LABOR URGED TO WORK TOGETHER
Leo Abruzzese |
The chairman of the House Energy and Commerce committee urged rail shippers and labor unions to forg
DEPRESSION LOOMS IN COFFEE MARKET
Knight-Ridder Financial |
Coffee futures prices are expected to remain unusually depressed by the action of outside speculatio
FOREIGN CARRIERS LOSE BID ON RATE DEFINITION
Helen Ericson |
Foreign air carriers lost their bid for Supreme Court review of U.S. air cargo rates they claimed we
CANADA DEFENDS RAIL RATE PROPOSAL
Leo Ryan |
Shippers that are captive to one railway want and should have the right to negotiate rates and servi
SINO-JAPANESE TENSION EXPECTED TO HIT TRADE
Jasper Becker |
Political relations between Japan and China are cooling, and that will result in a slowdown of trade
Maritime
PARTIES TO 'NEGOTIATE' HANDICAPPED RULES
Journal of Commerce Staff |
The Secretary of Transportation asked the airlines and organizations representing the handicapped to
USAIR STILL FACES HURDLES IN PIEDMONT ACQUISITION
Tim Neale |
USAir Group appears well on its way to joining the ranks of the megacarriers with its proposed acqui
GRAUGNARD NAMED SUGAR MAN OF 1986
Journal of Commerce Special |
F.A. Graugnard Jr. received the industry's most coveted prize - the Dyer Memorial Award as "Sugar Ma
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
FAA SEES 4.5 PERCENT GROWTH IN PASSENGER TRAFFIC
Tim Neale |
The Federal Aviation Administration said the number of passengers carried by the nation's major air
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