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COUNTRIES REMOVED FROM CUSTOMS LIST
Journal of Commerce Staff |
The U.S. government removed seven countries from its list of those whose vessels may be cleared for
Maritime
HAPAG-LLOYD CONFIRMS SWITCH MOVE TO LIVERPOOL PORT A SETBACK FOR GREENOCK
Janet Porter |
Confirmation from Hapag-Lloyd, the West German shipping line, that its North Atlantic services will
Maritime
AUSTRALIAN OFFICIALS CAUTIOUSLY OPTIMISTIC
Vincent W. Stove |
Australian shipping officials are generally agreed that 1987 will be a tough year for the industry,
Maritime
BALTIMORE ELEVATORS SUFFER 54 PERCENT DROP IN GRAIN EXPORTS
Journal of Commerce Special |
Grain exports declined 54 percent through Baltimore's three major elevators, and industry observers
Maritime
INTEX OFFERS EDGE ON PROFITS
Robert Selwicz |
The concept of risk management should be "numero uno" for ship charterers or owners, says Michael F.
Maritime
SEX-BASED RATE LAW OVERTURNED
(Ap) |
A Superior Court commissioner has overturned a law requiring California life insurance companies to
DELAWARE RIVER PORTS' FUNDING STILL AN ISSUE
Gregory S. Johnson |
The Delaware River Port Authority is not expecting any immediate resolution of its internal dispute
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Gulf Shipping Normal After Helicopter AttackMANAMA, Bahrain Merchant navigation in the so
Maritime
ALL SAN JUAN HOTELS TO BE INSPECTED
JOC Staff |
All hotels in this U.S. Commonwealth are to be inspected immediately for compliance with safety regu
LAURETIAN EXPANDS FINANCIAL EMPIRE
Leo Ryan |
Laurentian Group Corp., the third biggest integrated financial services group in Canada, has signifi
TITLE INSURERS NOT EXEMPT FTC JUDGE: SERVICES NOT PROTECTED FROM ANTITRUST SCRUTINY
Leah R. Young |
A Federal Trade Commission administrative law judge ruled that the title insurance industry does not
CHICAGO FIRE KILLS AT LEAST 7
(Ap) |
A suspicious fire engulfed an apartment house on the city's South Side Tuesday, killing at least se
HEALTH-CARE BUDGET URGED FOR NEW YORK
Journal of Commerce Special |
New York needs a statewide "health systems budget" and formal health-care spending priorities to hel
INSURANCE BRIEFS
From Wire and Staff Reports |
Driscoll Is Leaving Ore. Commissioner PostJosephine Driscoll, leaving office as Oregon insur
US DOLLAR DRIFTS DOWNWARD AGAINST FOREIGN CURRENCIES
Knight-Ridder Financial |
After firming a bit Monday, the U.S. dollar resumed its downward drift Tuesday against all major for
MORGAN SELLS STAKE IN BRAZILIAN UNIT
(Ap) |
Morgan Guaranty Trust Co. sold its 50 percent interest in a Brazilianfinancial services gro
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PLASTICS CORNER
Journal of Commerce Staff |
Himont Offers Two FormsOf PP ResinsWILMINGTON, Del. - Himont U.S.A. Inc. is offering
MORE VALVE PROBLEMS PLAGUE NINE MILE 2
(Ap) |
Two more attempts to repair a leaky safety valve at the Nine Mile Point 2 nuclear power plant have f
COST OF CREDIT
JOC Staff |
Monday, January 5, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PRATT & LAMBERT BUYS UNIVERSE PAINT
Journal of Commerce Staff |
Pratt & Lambert Inc. acquired Universe Paint Co., of Marysville, Calif. (Sacramento) for an undisclo
NEW YORK CONSUMER ADVISER OPPOSES NIMO RATE HIKE
(Ap) |
Gov. Mario Cuomo's top consumer adviser urged the state Public ServiceCommission to refuse t
CHEMICAL MARKETS
Journal of Commerce Staff |
Carbide Hikes Surfactant Prices DANBURY, Conn. - Union Carbide Corp. announced an increase i
INTERFACE ACQUIRES SPECIALTY COMPANIES
Journal of Commerce Staff |
Interface Flooring Systems Inc. announced the acquisitions of Rockland Corp. and React-Rite Inc., tw
HERCULES TERMINATES OFFER FOR ACCURAY
Journal of Commerce Staff |
Hercules Inc. announced that it will not proceed with its previously announced tenderoffer for any a
TAIWAN POWER TO RENEW CLAIM GENERAL ELECTRIC WON'T PAY FOR DAMAGE TO NUCLEAR PLANT
P.T. Bangsberg |
General Electric Co. is refusing to pay claimed compensation for damage in a nuclear power plant cau
CORNING GLASS AGREES TO BUY HAZLETON LABS
(Ap) |
Corning Glass Works and Hazleton Laboratories Corp. have agreed in principle for Corning to buy Hazl
EQUITABLE ACQUIRES ADOBE PROPERTIES
Journal of Commerce Staff |
Equitable Resources Energy Co. reached an agreement to purchase all of Adobe Resources Corp.'s major
ENERGY BRIEFS
From Wire and Staff Reports |
Soviets, Finland to Sign Nuclear Accident PactHELSINKI, Finland - The Soviet Union and Finla
W. GERMAN COAL SALES FALL
Jess Lukomski |
The combined impact of low oil prices, the dollar's fall, and a slump in steel output has resulted i
SPOT PRODUCT PRICES
JOC Staff |
January 6, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
SURVEY SHOWS GAS PRICES STEADY ON SPOT MARKET
Journal of Commerce Staff |
Natural Gas Clearinghouse Inc.'s survey of domestic natural gas spot market prices for January gener
SPOT PRICE GAIN FOLLOWS FUTURES PETROLEUM EDGES UPWARD ON NY, LONDON EXCHANGES
Knight-Ridder Financial |
Petroleum prices on the spot markets edged up this week following a run-up in futures prices on both
KENYA ATTRACTS US DRILLERS
Howard Schissel |
Oil exploration in Kenya is to receive a major boost in 1987 as U.S. and European oil companies move
COOPER INDUSTRIES TO ACQUIRE JOY
Journal of Commerce Staff |
Adler & Shaykin entered into a letter of intent to sell its Joy Manufacturing Co. petroleum equipmen
IRAQI OIL OUTPUT FORECAST TO RISE SHARPLY IN 1987
Journal of Commerce Staff |
Iraq's oil output is expected to reach an unprecedented wartime record of 2.5 million barrels daily
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC-Mandated Prices Cost Kuwait 2 ContractsMANAMA, Bahrain - The Kuwait Petroleum Corp. can
AMOCO OFFICIAL URGES ALASKAN LEASING
Journal of Commerce Staff |
An Amoco Corp. exploration executive urged timely action by Congress to approve full oil and gas lea
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