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SPOT PRODUCT PRICES
JOC Staff |
December 17, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
US-EC GRAIN ROW SIMMERS
(Ap) |
U.S. trade retaliation against the European Common Market might be the only answer to a dispute ove
'86 MILK OUTPUT MAY SET RECORD
JOC Staff |
The nation's milk output may rise to a record level this year but then decline by as much as 3 perce
BRAZILIAN COFFEE COUNCIL MAY REPLACE ITS PRESIDENT
Knight-Ridder Financial |
The new Brazilian National Coffee Council, before being formally installed Friday, is expected to di
CHINA CHANGES FOCUS TO ONSHORE RESERVES
P.T. Bangsberg |
A record 10 oil and natural gas fields have been discovered in waters off China this year, state-own
ENERGY BRIEFS
From Wire and Staff Reports |
Texas Utility Orders Gas Turbines From GESCHENECTADY, N.Y. - Texas Utilities Electric Co. or
NEW ZEALANDERS HAIL GATT AGENDA
GORDON McLAUCHLAN |
The decision to place agricultural protectionism on the agenda for the next round of General Agreeme
Maritime
MARAD WANTS TO ALTER PREFERENCE RATE SYSTEM
Robert F. Morison |
The Maritime Administration wants to change its basis for calculating fair and reasonable rates on g
Maritime
BOONE PICKENS DEFENDS 1-SHARE, 1-VOTE RULE
(Ap) |
A proposal before the Securities and Exchange Commission that would end voting rights for some stock
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US, HONG KONG DRAWING CLOSER
P.T. Bangsberg |
The new Congress will not "rush in with protectionist legislation without carefully considering the
Maritime
US, HONG KONG DRAWING CLOSER
P.T. Bangsberg |
The new Congress will not "rush in with protectionist legislation without carefully considering the
Maritime
TRAVELERS TO RE-ENTER FLA.
Journal of Commerce Staff |
The Travelers Cos. will re-enter the Florida commercial lines market Jan. 1 after the state insuranc
SAUDI MOVE BOOSTS OPEC COUNTRY TO REDUCE OIL DELIVERIES TO JAPAN
Knight-Ridder Financial |
Saudi Arabia reduced January crude oil nominations for Japanese trading companies and oil refiners f
CCC CATALOG ON COTTON ISSUED
Knight-Ridder Financial |
The Commodity Credit Corp. catalog, mailed last week, contains 764,688 bales of cotton that can be p
FEDERAL EXPRESS NET INCOME DOWN
JOC Staff |
Federal Express Corp. reported second quarter net income from continuing operations declined to $34.
W. GERMANS UNVEIL DATA CURRENT ACCOUNT SURPLUS SHOWS SIGNS OF RECEDING
Jess Lukomski |
Latest figures from West Germany's central bank show the country's current account surplus is begin
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Marcos Plea Rejected MANILA, Philippines - President Corazon Aquino's government rejected an
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Kato, Lyng to Meet TOKYO - Japanese Agriculture, Forestry and Fisheries Minister Mutsuki Kat
Maritime
CHINA LAUNCHES INTERBANK NETWORK
Knight-Ridder Financial |
Banking reforms have helped China to launch a national network for rural interbank borrowing and len
JAPANESE TO BUILD US PLANT
(Ap) |
A Japanese steelmaker tentatively plans to build a $60 million silicon production plant here that wi
Maritime
GATX UNIT CLAIMS A 1ST RAILCAR LESSOR OFFERS COMPUTER ACCESS TO FLEET DATA
Kevin D. Thompson |
Several shippers leasing railcars from General American Transportation Corp. are spending less time
TIGER MACHINISTS SIGN 3-YEAR PACT
Journal of Commerce Staff |
Flying Tiger Line's 2,200 machinists approved a three-year contract late Tuesday that calls for sala
INVENTORIES OF DISTILLATE FUEL UP SLIGHTLY FOR WEEK
Journal of Commerce Staff |
Supplies of key petroleum products ran counter to seasonal trends, with distillate increasing slight
SUGAR INDUSTRY DISMAYED AT DECISION TO CUT QUOTAS
(Ap) |
A sugar industry leader predicts consumers will pay higher prices and may even run into some shortag
PLASTICS CORNER
Journal of Commerce Staff |
EVAL Co. DedicatesResin PlantThe EVAL Co. of America dedicated its first grass roots
PRAYON, NITRON RESPOND TO PROBE
Journal of Commerce Staff |
The International Trade Commission voted, three to two, to allow continuation of the investigation o
US, PERU SIGN AIR AGREEMENT
Tim Neale |
Direct air service between the United States and Peru may resume June 12 under an agreement signed b
LUFTHANSA THROWS MUSCLE BEHIND CAAC
Marion Cotter |
Lufthansa German Airlines is throwing its technological muscle behind CAAC, China's national airline
FINANCIAL BRIEFS
From Wire and Staff Reports |
'No Room to Cut Rates,' Bundesbank SaysThere is no room to cut West German interest rates, t
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 17, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
DEFICIT ESTIMATES GROW AS USUAL
John Boyd |
There are some things you can depend on: Night follows day, autumn gives way to winter, and low esti
INSIDE TALK ON IMPORTERS
Rosalind Rachid |
T'WAS THE NIGHT BEFORE CHRISTMAS: The strike last October by some 30,000 members of the Internationa
Maritime
US REGISTERS 2.8 PERCENT GROWTH
(Ap) |
The U.S. economy, bolstered by a surge in car sales, expanded at an annual rate of 2.8 percent from
CARGILL PULLING OUT OF INSURANCE
C.A. Carpenter |
Cargill Inc. said it's pulling out of the life insurance and property and casualty reinsurance busin
AFTER-TAX EARNINGS RISE 5.5 PERCENT
Knight-Ridder Financial |
After-tax profits of U.S. corporations rose a revised 5.5 percent in the third quarter to a seasonal
MARITIME BRIEFS
From Wire and Staff Reports |
NY Power Authority To Buy New IcebreakerNew York Power Authority trustees have given the go-
Maritime
BOSTON RADIO MEN AT IT AGAIN TALKMASTERS TAKE TO THE AIR TO BATTLE NEW DRUNK DRIVING LAW
TOM McNIFF Jr. |
Even as Massachusetts Gov. Michael Dukakis prepared to sign a drunk driving law - said to be among t
AIDS VACCINE TESTED ON HUMANS IN ZAIRE
(Ap) |
Scientists have begun testing an AIDS vaccine on humans in Zaire, surprising many researchers who be
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