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OIL ISSUES BRIGHTEN LISTLESS STOCK MART
RIPLEY WATSON Jr. |
A rebound by the recently depressed oil issues Tuesday enlivened an otherwise listless, lackluster s
DOLLAR FLUCTUATES ERRATICALLY
Knight-Ridder Financial |
The U.S. dollar fluctuated erratically within a narrow trading range Tuesday, leading analysts to de
HOUSEHOLD CLAIMS TOP LIST OF UK INSURANCE COMPLAINTS
Edwin Unsworth |
Policyholders' complaints about the handling of their claims on household insurance accounted for mo
MONSANTO PUTS EMPHASIS ON FUTURE GROWTH FOR NEXT DECADE IS PEGGED TO $500 MILLION ANNUAL R&D BUDGET
Charles Thurston |
Richard J. Mahoney, 53, Monsanto Co.'s chairman and chief executive officer, has cleared much of the
DAIWA SEES LOWER PROFITS FOR JAPANESE
Knight-Ridder Financial |
Combined pretax profits earned by major Japanese firms in the fiscal year ending March 31, 1988, wil
RETURN OF ECONSHIPS COULD ROCK SHIPPING
Bruce Barnard |
The world's mainstream liner trades face more shock waves" this year if United States Lines' 12 gian
FINANCIAL BRIEFS
From Wire and Staff Reports |
Swiss Banks Raise Some Deposit RatesThe four big Swiss banks raised their rates on 3- to 8-m
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Tuesday, March 3, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMMODITY BRIEFS
From Wire and Staff Reports |
Japanese Banks Seek Financial Futures MartYoshiro Araki, chairman of Japan's Federation of B
US REITERATES PLAN FOR COPPER FORUM
Knight-Ridder Financial |
The U.S. reiterated its proposal for a copper producer-consumer forum designed to develop markets fo
TOKYO REPORTS RUBBER STOCKS UP
Knight-Ridder Financial |
Tokyo natural rubber stocks at warehouses designated by Tokyo Commodities Exchange for industry tota
WORLD TODAY
From Wire and Staff Reports |
Breaux May Get Post WASHINGTON - Sen. John Breaux, D-La., appears to be headed for the chair
COFFEE FUTURES PRESSURED
Knight-Ridder Financial |
Coffee prices should stabilize around 105-115 U.S. cents a pound, basis the second position on the L
COFFEE GROUP FAILS TO BREW PACT EXPORT QUOTA ISSUE UNRESOLVED
(Ap) |
Talks by the International Coffee Organization ended Monday night with no agreement on reintroducing
MALAYSIA SEEKS TO BECOME 3RD LARGEST COCOA PRODUCER
Knight-Ridder Financial |
At the current rate of growth Malaysia will be the world's third largest cocoa producer by 1990, sai
SOVIET OIL EXPORTS TO WEST RISE 15 PERCENT
Journal of Commerce Staff |
The Soviet Union's crude oil and petroleum product exports to the West rebounded by just under 15 pe
SPOT PRODUCT PRICES
JOC Staff |
March 3, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
NEW TECHNOLOGY PROMISES REDUCTION IN SEISMIC COSTS
Gary Taylor |
The Swedish company, Petroscan AB, unveiled a new oil exploration technology it says constitutes a "
SAUDI ARABIA STANDS FIRM IN DEFENSE OF $18 OIL PRICE
(Ap) |
Saudi Arabia is determined to defend the $18 a barrel OPEC price, and oil industry executives said i
RENEWED CONFIDENCE IN OPEC HIKES EUROPEAN SPOT PRICES
Knight-Ridder Financial |
The Organization of Petroleum Exporting Countries' resolve to maintain oil prices at $18 a barrel de
CRUDE OIL PRICES RISE ON NYMEX
Journal of Commerce Staff |
Crude oil prices on the New York Mercantile Exchange strengthened substantially in heavy trading Tue
CORRECTION
JOC Staff |
In a story published on Tuesday, March 3, on Boston Edison Co.'s efforts to hire a new management ex
EX-OPEC CHIEF EXPECTS PRICES TO IMPROVE SOON
P.T. Bangsberg |
Consumers and refiners are working in concert to hold down oil prices, a former chairman of the Orga
ENERGY BRIEFS
From Wire and Staff Reports |
Egypt to Hold Prices Steady Until March 15CAIRO, Egypt - Egypt's crude oil export prices wil
STOCKTON DREDGING PROJECT COMPLETED
Maureen Robb |
A 21-year project to deepen the port of Stockton's ship channel is finished, port Director Alexande
Maritime
COGENERATION PLANT NEEDS OIL BACKUP
(Ap) |
A proposed $100 million cogeneration plant to be built in Syracuse may have to be fueled by oil inst
EUROPE SET TO FILL GAP IN ANGOLA
Howard Schissel |
European oil companies are liable to be the principal beneficiaries in Angola as U.S. companies with
WEST COAST BRIEFS
From Wire and Staff Reports |
McDonnell Douglas To Increase WagesLONG BEACH, Calif. - After seven months of unsuccessful c
Maritime
BALDRIGE WARY OF PLAN TO BOLSTER CHIP RESEARCH
Helen Ericson |
U.S. Commerce Secretary Malcolm Baldrige isn't that excited about a semiconductor industry plan to f
GATT GETS RESULTS WITH QUIET DIPLOMACY
Janet Porter |
There were no fanfares or formal opening ceremonies when the Uruguay Round of the General Agreement
CALIF. TOWNS VIE FOR SHUTTLE WORK
(Ap) |
Two communities whose fortunes are tied to the space program are fighting to be the home of the nex
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Canadian Parliament To Debate Free TradeParliament will debate freer trade later this month,
Maritime
CANADA PICKS BUILDER FOR GIANT ICEBREAKER
(Ap) |
The Canadian government selected a Canadian builder for a giant icebreaker to help defend its disput
Maritime
FAA PLANS AIR ROUTE CHANGES
(Ap) |
The Federal Aviation Administration plans to realign several air traffic routes - including one that
Maritime
SHULTZ URGES CHINESE TO KEEP MARKETS OPEN
Jasper Becker |
After two days of talks with China's senior leaders, U.S. Secretary of State George Shultz said he w
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
Policy Issues and Economic Trends in U.S. and Foreign Steel Markets. A conference on how exchange ma
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
EC Steelmakers Plan Cuts in ProductionBRUSSELS, Belgium - European Community steelmakers ann
Maritime
JAPANESE SURVEY SHOWS SUPPORT FOR TRADE BILL
(Ap) |
A survey by the Japanese Embassy in Washington showed 82 percent of U.S. legislators favoring a trad
Maritime
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