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WORLD MONEY FRONT DOLLAR DROPS ON ORDER FIGURES
Knight-Ridder Financial |
The U.S. dollar plunged sharply in early trading Thursday on news that durable goods orders fell mor
FRANCE, ITALY SETTLE ROW ON G-5, G-7
JOC Staff |
French President Francois Mitterrand has settled a dispute with Italy over international monetary is
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FINANCIAL BRIEFS
From Wire and Staff Reports |
Navistar International Ratings Are UpgradedMoody's Investors Service said it upgraded the ra
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
DEVELOPERS COMPETE FOR PORT LAND
Maureen Robb |
Developers are vying for the right to renovate a prime waterfront area controlled by the port of San
Maritime
TODD REACHES SEATTLE ACCORD
A STAFF REPORT. This story was written by Gloria Joseph, John |
Todd Shipyards announced that it reached a tentative agreement covering 1,000 workers at its Seattle
Maritime
BRAZIL, CHINA AGREE TO CUT TIN EXPORTS
P.T. Bangsberg |
Two more major tin producers, China and Brazil, will reduce exports this year in hopes of boosting p
MEXICO'S STEEL DRIVE HINDERED
WILLIAM A. ORME Jr. |
Mexico is winning new foreign customers and credits for its indebted, overbuilt state steel business
Maritime
R.J. REYNOLDS MAKES MANAGEMENT CHANGES
Journal of Commerce Staff |
RJR Nabisco Inc.'s R.J. Reynolds Tobacco Co. unit realigned the management structure of its worldwid
COST OF CREDIT
JOC Staff |
Thursday, Feb. 26, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SHEARSON SEES GOLD PRICES AT $425 IN '87
Knight-Ridder Financial |
Gold is expected to average $425 an ounce in 1987, compared with an average of $368 in 1986, Shearso
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea Plans Fund To Help Third WorldSEOUL, South Korea - South Korea plans to create a fu
Maritime
TRADE CENTER'S CHIEF LOVES JOB
William Armbruster |
Guy F. Tozzoli received eight different job offers from the private sector after he announced his pl
Maritime
FOOD SYSTEM SALES RISE
(Ap) |
Preliminary estimates by the Agriculture Department show the food marketing pipeline, extending from
COMMODITY BRIEFS
From Wire and Staff Reports |
Malaysia Forecasts Bullish Rubber MartKUALA LUMPUR, Malaysia - Malaysia's rubber market is e
CRUDE PRICES RALLY IN EUROPE
Bruce Barnard |
European oil prices rallied by 40 cents a barrel Thursday after falling sharply for three consecutiv
IRAQI, SAUDI MINISTERS TO DISCUSS OIL SITUATION
Journal of Commerce Special |
Iraq's deputy prime minister Taha Yassin Ramadan and oil minister Qassim al- Oraibi arrived here for
VANCOUVER PARTNERSHIP BIDS FOR BIG SHIPYARD
Mark Wilson |
A powerful partnership, soon to include the First City financial group of Vancouver, has bid nearly
Maritime
GREECE VOWS TO PROCEED WITH OIL GROUP BUY-OUT
(Ap) |
The government said that it will proceed with plans to take over a Canadian, U.S. and West German co
ENERGY BRIEFS
From Wire and Staff Reports |
Ecuador Seeks OK For Oil Price CutQUITO, Ecuador - Ecuador is seeking OPEC approval to lower
WON APPRECIATION REPORTED IN SEOUL
(Ap) |
South Korea has decided to appreciate the won against the U.S. dollar by 6 percent by the end of thi
Maritime
COMMITTEES REJECT ALTERATIONS IN NUCLEAR DISPOSAL PLANS
(Ap) |
Two key congressional committees are turning thumbs down on the Reagan administration's controversia
SWISS ATTACK LAUNDERING OF MONEY
(Ap) |
The Swiss Justice Ministry unveiled a legislative project that would make the ''laundering" of money
Maritime
CONVERSION INDUSTRIES SEEKS JOINT VENTURE PARTNER
Journal of Commerce Staff |
Conversion Industries Inc. said it is seeking a joint venture partner to assist in completing develo
GDF WANTS BIGGER PIECE OF FRENCH ENERGY MART
Howard Schissel |
The French state utility, Gaz de France, or GdF, is fighting for a larger portion of the domestic en
CONSOLIDATED GAS INCREASES RESERVES
Journal of Commerce Staff |
Consolidated Natural Gas Co. said that it increased its reserves of natural gas for the fourth year
TAX PLAN PUSHED IN JAPAN
(Ap) |
A proposed new sales tax is meeting mounting criticism from Japan's opposition parties and ruling pa
Maritime
US BUSINESSMEN FIND PHILIPPINE CLIMATE GOOD
(Ap) |
A group of U.S. business executives said the Philippines is politically stable, and two of them anno
Maritime
DUMPING CHARGE HURTS MEXICO'S STEEL DRIVE
WILLIAM A. ORME Jr. |
Mexico is winning new foreign customers and credits for its indebted, overbuilt state steel business
Maritime
TRADE CENTER'S CHIEF LOVES JOB
William Armbruster |
Guy F. Tozzoli received eight different job offers from the private sector after he announced his pl
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea Plans Fund To Help Third WorldSEOUL, South Korea - South Korea plans to create a fu
Maritime
EC REPRESENTATIVE FINDS DAIRY COWS UNPALATABLE
(Ap) |
Eating the cows that produce the European Community's surplus butter mountain is a solution some mem
Maritime
3M ACQUIRES UNITEK CORP.
Journal of Commerce Staff |
Minnesota Mining & Manufacturing (3M) announced the acquisition of Unitek Corp. of Monrovia, Calif.,
NEWS SUMMARY
JOC Staff |
GENERAL NEWS James R. Steckel was named vice president, production of The Journal of Commerc
Maritime
MEXICO SETS DEADLINE ON LOAN PACT
WILLIAM A. ORME Jr. |
Mexico set a March 20 deadline for creditors to sign its long-delayed US$7.7 billion commercial loan
THIRD WORLD DEBT STIRS CONCERN WORLD BANK SEES LASTING DAMAGE TO GLOBAL ECONOMY
Richard Lawrence |
The developing countries' debt problems, if left uncorrected much longer, threaten lasting damage to
JOFC ELEVATES STECKEL TO VP-PRODUCTION
Journal of Commerce Staff |
James R. Steckel, 50, was named vice president, production of The Journal of Commerce, replacing How
A GLANCE AT STEPS TAKEN IN LATIN AMERICA
(Ap) |
Four struggling Latin American nations undertake new economic measures and developments: BRA
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