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ECONOMY, HOSPITALITY GROW IN SAN FRANCISCO
Christopher Lofting |
A dominant position as a major financial center dating back to the days of the California Gold Rush
TRAFFIC BRIEFS
From Wire and Staff Reports |
MKT, Santa Fe Reach Agreement on MergerWASHINGTON Santa Fe Southern Pacific Industries has
LATE SHOPPERS BOOST SALES
(Ap) |
Last-minute Christmas shoppers helped retailers finish the 1986 holiday shopping season with impress
BILL TO EXTEND POWER PACTS DIES IN NY LEGISLATURE
Journal of Commerce Special |
Proposals to extend low-cost hydropower contracts with 22 western New York industrial ratepayers as
ENERGY BRIEFS
From Wire and Staff Reports |
Egypt Increases Oil Export PricesCAIRO, Egypt - Egypt increased the January prices on all gr
USL FILING BLOCKED IN NETHERLANDS
Simon Cameron Moore |
United States Lines' bid to file for limited protection from creditors in Dutch bankruptcy court was
Maritime
BRAZIL MAY FREE BEEF PRICES
Knight-Ridder Financial |
The Brazilian government is studying the possibility of releasing retail beef prices from government
PRIVATIZATION TREND GROWS MOST GOVERNMENTS SAID TO BE ALREADY PURSUING IT
RIPLEY WATSON Jr. |
The worldwide trend toward privatization of business firms is attracting increasing attention on sev
UNION-STEVEDORE RIFT JEOPARDIZES MERGER PROPOSAL AT ROTTERDAM
Simon Cameron Moore |
Failure to reach agreement with the unions is jeopardizing the proposed merger between the three Rot
LUMBER EXPORT TAX LIKELY TO HIKE PRICES
Helen Ericson |
The new U.S.-Canadian agreement imposing a 15 percent export tax on Canadian exports of softwood lum
USSR TO OPEN SLURRY LINE SOON
Albert Axebank |
The Soviet Union's first fully operational coal slurry pipeline is scheduled to be completed and rea
MARKET OUTLOOK BULLISH FOR TOXIC WASTE DISPOSAL
Journal of Commerce Staff |
The overall market for hazardous waste management and disposal is expected to grow at an average ann
INDUSTRY OUTLOOK A REPLAY OF '86
John Boyd |
The government's best guess for U.S. industry in the new year is that if industry liked 1986, it'll
STRONG GAINS FORECAST FOR CORPORATIONS IN '87
(Ap) |
Profits of major U.S. corporations should increase about 20 percent in 1987 over last year, aided by
PORT OPERATIONS UPSET IN FRANCE UNIONS OPPOSE REGISTRATION OF VESSELS IN KERGUELEN ISLANDS
Howard Schissel |
French ports and the national economy have been hurt by a strike launched in early December by tug b
Maritime
SPOT PRODUCT PRICES
JOC Staff |
December 31, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
BENIN TO GO IT ALONE IN DEVELOPING SEME FIELD
Journal of Commerce Special |
After a series of unhappy experiences with foreign oil companies, the West African republic of Benin
CARRIERS BATTLE DRUG SMUGGLING STEAMSHIP LINES FACE DIFFICULT TASK TRYING TO PREVENT SHIPMENTS
Craig Dunlap |
The seizure of a record volume of cocaine hidden within two containers brought into the country aboa
Maritime
US GRAIN GROUPS PLEASED WITH ACTION AGAINST EC
Knight-Ridder Financial |
Grains Commodity Groups said they were pleased with the U.S. sanctions against European Community im
LA. PORT OFFICIAL RESIGNS CLULEE CALLS SOLAPORT PROJECT 'FINANCIAL SCAM'
Marie Prat |
The president of the South Louisiana Port Commission resigned Wednesday in protest over a proposed
Maritime
MARITIME CALENDAR
JOC Staff |
Containerization & Intermodal Institute. All-day seminar on the impact of the 1984 Shipping Act on c
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS
Journal of Commerce Staff |
Salicylic Acid Market Seen Stable The market for salicylic acid is reported to be stable.Cry
INSURANCE BRIEFS
From Wire and Staff Reports |
Wash. Insurance Firms Asked to Cut Auto RatesOLYMPIA, Wash. - Washington state's insurance c
DOCTORS WIN ROUND IN MEDICARE SUIT
(Ap) |
A federal judge lifted a New Year's Day deadline for doctors to sign up to participate in Medicare w
AGENTS MULL COMPUTER LEASING OPTIONS
Russ Banham |
To buy or not to buy computer equipment? With software vendors out hawking attractive leasing plans,
SMALL MARKET SEEN FOR MD-11
Gloria Joseph |
A Boeing marketing executive says he has been scratching his head trying to figure out why McDonnell
CHINA TAPS UK JOB MARKET FOR SPECIALIZED WORKERS
(Ap) |
Chinese cities are forging trading links with manufacturing areas in Britain and trying to recruit e
NCA INTERVENES IN VA. SKIRMISH VIRGINIA POWER SEEKS EXEMPTION TO INCREASE GENERATING CAPACITY
Tim Sansbury |
The National Coal Association has engaged Virginia Power in the first major skirmish over a law coal
TANKSHIP PROSPECTS PROMISING
Bob Wesenberg |
The 357,430-deadweight-ton tanker Happy Enterprise, a victim of the Iran-Iraq war, could become the
Maritime
MIDWEST GRAIN PRODUCTS BUYS PILLSBURY FLOUR MILL
Knight-Ridder Financial |
Midwest Grain Products Inc. of Atchison, Kan., announced it had acquired the Pillsbury Co.'s local f
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 31, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MARATHON UNIT OF USX CORP. TO REDEEM NOTES
Journal of Commerce Staff |
USX Corp. said its Marathon Oil Co. unit will call for redemption on March 1 its 12 1/2 percent gua
RECORD US TRADE DEFICIT DAMPENS OUTLOOK FOR '87 HOPES OF LOWER DEFICIT DASHED BY HIGH FIGURE
Richard Lawrence |
A record $19.2 billion merchandise trade deficit in November raised more doubts about a substantiall
ENERGY BRIEFS
From Wire and Staff Reports |
Commission Approves 14 percent PSNH Rate HikeMANCHESTER, N.H. - Public Service of New Hampsh
BORDEN PLANS TO EXPAND RESIN PLANT
Journal of Commerce Staff |
A plant expansion program at Fayetteville, N.C., exceeding $10 million for the production of urea a
OPEC ACCORD FUELS OIL STOCK DEBATE
(Ap) |
The new oil-production accord reached by members of the Organization of Petroleum Exporting Countrie
SEOUL MAY HIKE US IMPORTS
P.T. Bangsberg |
Orange juice, grapefruit and cattle feed are among the agricultural productsfrom the United
Maritime
TVA BUYS COAL FROM KOPPER GLO
Journal of Commerce Staff |
The Tennessee Valley Authority purchased 22,000 tons of coal from Kopper Glo Fuel Inc., Clairfield,
PHILADELPHIA SUBZONES HAVE MIXED SUCCESS
James Asher |
The Ford Electronics and Refrigeration Corp. of Lansdale, Pa., in 1986, saved about $15 million with
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