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FLURRY OF ACQUISITIONS CLOSE YEAR
Journal of Commerce Staff |
NEW YORK - A relative buying flurry in the insurance industry was reported at the close of last year
INSURANCE BRIEFS
From Wire and Staff Reports |
State Farm Requests Auto Rate Hike in Pa.HARRISBURG, Pa. - State Farm Mutual Automobile Insu
INSURANCE CALENDAR
JOC Staff |
JANUARY 6-7 - Insurance Crisis Conference - San Francisco - Laventhol & Horwath certified pu
CGL FORM: TIME WILL TELL
James Nolan |
The U.S. General Accounting Office says the impact of the insurance industry's new commercial genera
INCREASE IN FEED WHEAT USE MAY HURT US CORN EXPORTS
Knight-Ridder Financial |
Because of low world wheat prices, countries that import grain for animal feed are beginning at an i
COMMODITY BRIEFS
From Wire and Staff Reports |
US Farm Prices Fell 2.4 percent in DecemberThe index of prices received by U.S. farmers for
SALOMON REVISES FORECAST FOR APC
Journal of Commerce Staff |
Salomon Bros. Inc., the New York securities firm, is revising upward its estimate of earnings per sh
Maritime
US CATTLE PRODUCERS PROFIT FROM MEXICAN ACTION
(Ap) |
An effort by Mexico to upgrade its beef and dairy herds has meant new sales opportunities for U.S. c
CAT SCANNING FOR LIVESTOCK?
JOC Staff |
Will cattle and hogs be subjected to CAT scanning to see if they're too fat for the consumer market?
CORN'S PAST: A MYSTERY
(Ap) |
From Aztec to high-tech, corn's past is a mystery and its future a challenge. The nutritious
OCEAN CARRIER RATE CHANGES
JOC Staff |
The South and East Africa/U.S.A. Conference announced thaT effective Jan. 1, 1987, member lines will
Maritime
EC OFFICIAL URGES INQUIRY INTO SINKING
Edwin Unsworth |
The European Community's environment commissioner, Stanley Clinton Davis, added his voice to those c
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Olsen Sells 2 Vessels, Lays Off 70 EmployeesOSLO, Norway - Seventy employees aboard the Fred
Maritime
MASSPORT PURCHASES MYSTIC RIVER PROPERTY
TOM McNIFF Jr. |
The Massachusetts Port Authority says it completed a year-end, $5.99 millionpurchase of a fo
Maritime
INSURANCE FOR HOTELS SCARCER
James Nolan |
Resort hotel liability insurance was hard to get before the fire that claimed more than 60 lives in
UNION TEXAS FINDS OIL IN PAKISTAN
Journal of Commerce Staff |
Union Texas Petroleum reported a crude oil discovery in the Badin area of Southeast Pakistan.
CREDIT MARKET ANALYSTS ANTICIPATE REAGAN'S FISCAL '88 BUDGET PROPOSAL
RIPLEY WATSON Jr. |
In addition to watching the usual numbers that are grist for their forecasting mill, credit market a
SPOT PRODUCT PRICES
JOC Staff |
January 2, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
'88 BUDGET PLAYS TO EMPTY HOUSE
John Boyd |
The Reagan administration will send its fiscal 1988 budget proposals to Congress today, even though
TRADERS WARY OF PRICE RALLY EUROPEANS DOUBT FIRM TREND WILL CONTINUE IN NEW YEAR
Simon Cameron Moore |
There is little confidence among European oil traders that the firm trend induced by the Organizatio
EXPLORATION DOWN IN NORWAY
Journal of Commerce Special |
Exploration activity on the Norwegian continental shelf fell sharply in 1986. Thirty-seven explorato
ELECTRIC CO-OPS JOIN PRE-PAY PLAN
John Boyd |
A new incentive program for rural electric cooperatives to pay off their low- interest government lo
ROHR TO BUILD COMPONENTS FOR MD-11
(Ap) |
Rohr Industries Inc. said it will build more than $300 million in components for McDonnell Douglas C
ENERGY BRIEFS
From Wire and Staff Reports |
Amoco Passes Through Superfund Act CostsAmoco Oil Co. raised the price of all its refined pr
COAL MARKETS BRITAIN REMAINS A NET IMPORTER
Edwin Unsworth |
Britain, although a major European coal producer, remains a net importer of coal, recent figures rel
JOBS FOR LONG BEACH DOUGLAS' MD-11 PROGRAM TO BEGIN SOON
Bill Mongelluzzo |
The announcement this week by officials of Douglas Aircraft Co. that production will begin soon on t
CESSNA'S CARAVAN I WINS POSTAL SERVICE APPROVAL
Nunzio Lupo |
Cessna Aircraft Co.'s Caravan I has been approved by the U.S. Postal Service as the first single-eng
ENERGY EDUCATION FOUNDATION BATTLES 'DALLAS' IMAGE
Dallas Morning News |
To White House chief of staff Donald Regan, they are businessmen who owe their existence to tax shel
GOOD YEAR SEEN FOR ALASKA
Gloria Joseph |
Alaska's economy may be in store for a better New Year, as the Organization of Petroleum Exporting C
DRAGON AIRLINES ORDERS 3 MCDONNELL MD-11S
P.T. Bangsberg |
McDonnell Douglas Corp.'s newest baby, the wide-bodied MD-11, has scored its third Asian sales succe
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
THE OUTER LIMITS may be the next stop for economic policy. So far, policy has been traveling
GERHARD 'JERRY' FREY DIES
JOC Staff |
Gerhard Jerry Frey, 76, comptroller for The Journal of Commerce for 27 years, died on New Year's Eve
NUCLEAR DISPOSAL UPGRADED
Chicago Tribune |
A nuclear waste disposal technique that could save billions of dollars has been developed at Argonne
THE ECONOMY FACTORY ORDERS SOARED IN NOVEMBER
From Wire and Staff Reports |
Orders to U.S. factories for manufactured goods soared 4.1 percent in November, the biggest increase
ARGENTINE AUSTRAL ENDS YEAR ON SLIDE
Jeremy Morgan |
The dollar's value against the austral, the new Argentine currency launched with President Raul Alfo
Maritime
ON THE MOVE
Staff Report |
OIL, GAS Western Oil and GasAppoints D. HendersonDoug Henderson was appointed execut
DUTY-FREE ACCESS SLASHED GOODS FROM TAIWAN, BRAZIL, KOREA, MEXICO AFFECTED
Richard Lawrence |
The Reagan administration announced sharply reduced benefits for Taiwan, Brazil, Korea and Mexico un
NEWS SUMMARY
JOC Staff |
GENERAL NEWS There will be no one home at Capitol Hill or White House when the fiscal 1988 b
DUTY-FREE STATUS DIES
Journal of Commerce Staff |
Duty-free status for goods imported under about three dozen different tariff classifications expired
TAX PAYMENTS BY CREDIT CARDS?
(Ap) |
The Internal Revenue Service is proposing the use of credit cards to simplify the process of paying
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