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SCI OFFERS AID FOR JOBLESS
Gregory S. Johnson |
Employees of United States Lines who suddenly found themselves jobless, can go to the Seaman's Churc
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSNovember jobs figures were somewhat stronger than expected, helping the fourth-q
WESTERN COAL FIRMS UPBEAT
Journal of Commerce Staff |
Optimism burns eternal in the breasts of Western coalmen, especially when exports are mentioned.
MARAD VOWS ACTION ON BARRIERS US-FLAG CARRIERS SEEN FACING DISCRIMINATION OVERSEAS
Bill Mongelluzzo |
The Maritime Administration is promising to do what's necessary to convince other nations they must
Maritime
NEXT CONGRESS SHIP ALLY? DEMOCRATIC MAJORITY LIKELY TO HELP US-FLAGS
Bill Mongelluzzo |
The maritime industry may find the Democratic-controlled 100th Congress that convenes next month mor
Maritime
DEBT-EQUITY SWAPS ADVOCATED FOR LDCS
William Armbruster |
Debt-equity swaps could relieve as much as 25 percent to 30 percent of developing countries' debt, s
Maritime
YOUDE SUCCESSOR: CRUCIAL DECISION
P.T. Bangsberg |
The sudden death of Hong Kong's chief executive, Sir Edward Youde, while on a visit to Peking threw
Maritime
MEETING FIRST STEP IN PROTECTING OZONE
(Ap) |
An international meeting on ways to protect the Earth's ozone layer ended Friday and delegates portr
PLASTICS CORNER
Journal of Commerce Staff |
Arco Chem ExpandsResin UnitsArco Chemical Co., a division of Atlantic Richfield Co.,
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Delors to Hold EC Post For Another 2 YearsJacques Delors, president of the commission of the
Maritime
MASSEY LABOR DISPUTE HEADED FOR HIGH COURT
(Ap) |
A labor dispute that spawned a violent, 15-month United Mine Workers strike against A.T. Massey Coal
GREAT LAKES CHEMICAL TO ACQUIRE PENTECH
Journal of Commerce Staff |
Emerson Kampen, president of Great Lakes Chemical Corp., announced the company has reached an agreem
HUNGARY REVISES PLANS FOR HYDROELECTRIC PROJECT
(Ap) |
The government, faced with sharp criticism from independent environmentalists, announced it was plan
WEST COAST BRIEFS
From Wire and Staff Reports |
Christmas Trees Ride Waves to HawaiiIn Hawaii, a popular Christmas card has Santa Claus in s
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Raises Phenol Price 5 Cents Dow Chemical U.S.A. announced a list price increase of 5 cen
BRITISH COAL CITES AREAS WITH LOSSES
Edwin Unsworth |
Latest productivity figures from state-owned British Coal show that South Wales and Scotland are the
COAL LEASE RULES DRAW QUICK FIRE ABOUT 100 COMPANIES FACE LOSS OF FEDERAL LEASES
Tim Sansbury |
New rules the Interior Department published to clarify aspects of the coal leasing program could end
ASSEMBLY PLANTS PROMOTED IN MEXICO
(Ap) |
Industries, banks and the governments of eight Mexican states took part in a two-day exhibit and con
Maritime
PHILIPPINES APPROVES SLIGHTLY LARGER BUDGET
(Ap) |
The Cabinet approved a 1987 budget of 114.7 billion pesos ($5.7 billion), slightly up from 107 billi
Maritime
CHERNOBYL CASING COMPLETE
(Ap) |
The concrete casing around the No. 4 Chernobyl reactor, which scientists hope will seal off the ruin
ENERGY BRIEFS
From Wire and Staff Reports |
Hyundai Wins Contract For Project in PakistanSEOUL, South Korea - Hyundai Construction Co. w
AMAX SELLS SUBSIDIARY IN FLORIDA
Journal of Commerce Staff |
AMAX Inc. closed the previously announced sale of its subsidiary, AMAX Chemical Corp., to FCS Energy
SWELLING TRADE DEFICITS PLAGUE POOR COUNTRIES
(Ap) |
Poor countries in Asia, Europe and the Western Hemisphere are plunging deeper into debt, posting a $
Maritime
HOW TO CUT LDC DEFICIT CHILE PRAISED FOR USE OF DEBT-EQUITY SWAPS
William Armbruster |
Debt-equity swaps could relieve as much as 25 percent to 30 percent of developing countries' debt, s
Maritime
ARGENTINE REFORM PLAN APPEARS SCALED DOWN
Jeremy Morgan |
President Raul Alfonsin's plan to reform Argentina's heavily loss-making state sector appears much l
Maritime
MASS. SBLI SELLERS SET TO GAIN POWERS
TOM McNIFF Jr. |
The Massachusetts Legislature has ignored the protests of the life insurance industry and passed a m
ARGENTINA, BRAZIL JOIN FORCES
James Bruce |
Integrated industrial production in South America's two largest economies is a major aim of accords
Maritime
OFFICIAL QUESTIONS CALIF. RATES
John Davies |
Unhappy that a ballot measure limiting government liability hasn't resultedin lower insurance premiu
SURVEY FINDS DOCTORS PRESSURED
(Ap) |
Almost half the nation's doctors feel pressured to release Medicare patientsfrom the hospita
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CAN BANKS, AGENTS COEXIST? BANKERS INSIST 'THEY ARE NOT THEIR COMPETITION'
C.A. Carpenter |
The Canandaigua National Bank & Trust Co. received two hate letters" from local independent insuranc
EARLY 'WITCHING HOUR' FEARED
Gordon Platt |
The upcoming "triple witching hour" on Dec. 19 and continuing fallout from the Ivan Boesky insider t
DOLLAR FIRMS SLIGHTLY IN VERY THIN TRADING
Knight-Ridder Financial |
The U.S. dollar firmed up slightly against most major foreign currencies Friday after drifting a bit
FINANCIAL BRIEFS
From Wire and Staff Reports |
SEC Still Studying Triple Witching HourBOCA RATON, Fla. - John Shad, chairman of the Securit
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SPOT PRODUCT PRICES
JOC Staff |
December 5, 1986 U.S. spot oil products price indications, sellers range, in cents per gallo
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Friday, Dec. 5, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
OIL MARKET IEA SETS OPEC OUTPUT AT 16.7 MILLION B/D
Edwin Unsworth |
Fourth quarter oil production by the Organization of Petroleum Exporting Countries is expected to av
TUNISIA TO EXPAND REFINING
Howard Schissel |
Tunisia is set to forge ahead with plans to expand its inadequate refining capacity over the next fe
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