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PROPYLENE GLYCOL PRICES TO INCREASE
Shelina Shariff |
Propylene glycol list prices for at least two Gulf-based producers are going up in July - by as much
PLASTICS CORNER
Journal of Commerce Staff |
Himont Increases Polyethylene PriceWILMINGTON, Del. - Himont U.S.A. Inc. announced a six-cen
CHEMICAL MARKETS EUROPEAN DEMAND FOR BULK POLYMERS JUMPS
Journal of Commerce Staff |
European demand for some bulk polymers is growing at double-digit rates, according to Mark Quilliam
FIDELITY BOND INSURERS ACT TO RESTRICT COVER
Paula L. Green |
The fidelity bond industry is reacting to increased competition and consolidation among financial in
AIG UNIT FILES APPEAL AGAINST FINE
Laura Raley Borda |
The Insurance Co. of the State of Pennsylvania, a unit of American International Group, filed an app
AIDS EXPENSE REPORT ISSUED
(Ap) |
State and local governments are bearing an increasing burden in the AIDS epidemic while the private
HOUSE PANEL VOTES $44.1 BILLION BUDGET FOR FARM PROGRAMS
Knight-Ridder Financial |
The House Appropriations Committee Thursday approved a $44.1 billion bill for agricultural programs
PEOPLE - FINANCIAL
Wire and Staff Reports |
ADVENT INTERNATIONAL CORP. (Boston) - Richard A. Keating was named a vice president and partner of t
COST OF CREDIT
JOC Staff |
Thu, May 26, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
P&LE TAKEOVER MAY NOT BE PANACEA
Howard S. Abramson |
The tentative agreement between labor and CSX Corp. to buy the ailing Pittsburgh & Lake Erie Railroa
DENMARK'S ELSAM EXPECTS TO BUY MORE US COAL
Tim Sansbury |
Elsam has been quite active (buying coal) in the U.S. market during the past one-and-a-half months a
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
EXPANDED BOX FACILITY OPENS IN MONTREAL
Journal of Commerce Staff |
The partners in an enlarged Montreal container terminal, Terminal Termont Inc., officially opened th
Maritime
ALL ABOARD
JOC Staff |
Cargo being loaded onto the 289.5-meter containership Sea-Land Atlantic in Rotterdam in preparation
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC OKs Line's Sale To Montana Rail LinkWASHINGTON - The Interstate Commerce Commission allo
Rail News
NEW PENN MOTOR EXPRESS POSTS IMPRESSIVE PROFIT GAIN IN QUARTER
Leo Abruzzese |
Higher revenue spurred by improving rates helped New Penn Motor Express Inc. post one of the truckin
Trucking News
PLASTICS CORNER LIMITED BAG BANS NOT SEEN AS THREAT
Journal of Commerce Staff |
A limited increase in local legislation banning the use of plastic bags will not play a major role i
CYANAMID AGREES TO PAY FOR CLEANUP OF NJ SITE
Journal of Commerce Staff |
A consent order agreement between American Cyanamid Co. and New Jersey will require the chemical com
PEOPLE - COMMODITIES
From Wire and Staff Reports |
LONDON INTERNATIONAL FINANCIAL FUTURES EXCHANGE (London) - David Burton was elected chairman of the
HOUSE APPROVES COMPROMISE BUDGET
(Ap) |
The House Thursday approved the $1.1 trillion fiscal bipartisan 1989 budget compromise after several
US EXPECTED TO LEAD TRADE BOOM
Bill Mongelluzzo |
The world's major trading nations are poised for a trade boom that will last into the 1990s, an econ
Maritime
LILCO-NY ACCORD COULD HIT RATEPAYERS HARD
Sam Glasser |
The unprecedented tentative agreement between the Long Island Lighting Co. and New York state to shu
PEOPLE - OIL/GAS
From Wire and Staff Reports |
CHEVRON CORP. (San Francisco) - Robert W. Davis, president of Chevron Chemical Co., and John H. Silc
COAL BRIEFS
From Wire and Staff Reports |
Arco Coal Australia To Buy Mine InterestDENVER, Colo. - Arco Coal Australia, a subsidiary of
AIRLINE INDUSTRY BRACES FOR SUMMER TRAVEL RUSH
Dave Higdon |
The U.S. scheduled airlines said Thursday they are prepared for the heaviest summer travel yet but t
Air Cargo
BRITISH AIRWAYS URGES EC TO MOVE ON AVIATION DEREGULATION
Ira Breskin |
In the first major test of liberalized European aviation rules, British Airways is seeking permissio
Air Cargo
JAPAN'S SAVERS SEARCH FOR HIGHER RETURNS
Edwin Whenmouth |
Japanese savers are seeking higher returns on their investments since the introduction of a 20 perce
PROSPERITY SEEN FOR BOX LESSORS
Bruce Barnard |
The world's container leasing industry is poised to reap the benefit of the enormous changes that ha
Maritime
ANERA WON'T IMPOSE TAIWAN-US CHARGE
Mark Magnier |
The Asia North America Eastbound Rate Agreement said it will not impose a scheduled increase in the
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
W. GERMAN MONEY GROWTH RATE SLOWSFRANKFURT, West Germany - West Germany's M3 money supply gr
COST OF CREDIT
JOC Staff |
Wed., May 25, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
CYPRUS MINERALS SETS DEAL TO BUY COPPER OPERATION
Journal of Commerce Staff |
Cyprus Minerals Co., a major nonferrous metals producer, announced Wednesday it had signed a letter
COMMODITY BRIEFS
Wire and Staff Reports |
JAPAN LAWMAKERS PASS FINANCIAL FUTURES LAWTOKYO - The House of Councillors, the upper chambe
AUSTRALIA EXPECTED TO SET NEW RECORD FOR GOLD PRODUCTION
Vincent W. Stove |
Gold production in Australia is expected to hit an all-time high this year. The existing rec
ANOTHER CLASS-ACTION SUIT AGAINST INSURERS IS DROPPED
Journal of Commerce Staff |
Melvin Belli, a San Francisco tort attorney, has dropped a class-action lawsuit accusing the insuran
NEWS SUMMARY
JOC Staff |
AIR CARGO Air cargo industry figure John H. Mahoney is dead. 5BThe American Airlines purcha
MAYTAG RUNNING AT FULL CYCLE
Andrea Chancellor |
The Maytag repairman may not have enough to do, but Maytag Corp. is busy expanding, retooling U.S. p
Maritime
PEOPLE - CHEMICALS
From Wire and Staff Reports |
BAYER USA INC./MOBAY CORP. (Pittsburgh) - Wilhelm C. Ostern, the vice chairman and chief financial o
SETTLEMENT REACHED IN MINE SALE DISPUTE
Journal of Commerce Staff |
The United Mine Workers of America said it reached an out-of-court settlement worth at least $5.4 mi
CHINA GETS LOAN OF $205 MILLION FOR NUCLEAR PLANT
Gary Aderman |
Chase Manhattan Bank is among five lead managers of a US$205 million loan to build China's first com
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