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ENERGY BRIEFS
Wire and Staff Reports |
Amoco and Dome Seek Buy-out Hearing DateCALGARY, Alberta - Amoco Canada Petroleum Co. and Do
JAPAN MOVES TO SETTLE FARM PRICE DISPUTES
From Wire Reports |
Agriculture Minister Takashi Sato said Tuesday the government plans to take proper measures to settl
Maritime
FEMA WITHDRAWS OBJECTION TO SEABROOK EVACUATION PLAN
(Ap) |
The Federal Emergency Management Agency has withdrawn a key objection to New Hampshire's emergency e
BAN ON LEADED FUEL IN W. GERMANY BUOYS SUPER GASOLINE SALES
Erich E. Toll |
West German demand for high-octane gasoline has soared because of a ban on leaded regular fuel that
JAPANESE BUY NORTH YEMEN OIL
Knight-Ridder Financial |
Japanese oil buyers will soon begin receiving shipments of crude oil from North Yemen in order to av
PICKENS SAYS OIL INDUSTRY WILL RECOVER
(Ap) |
Oil man T. Boone Pickens said the petroleum industry will recover soon, but never to the heights rea
BRAZILIAN GROUP HAS PLAN TO BOOST FERTILIZER INDUSTRY
James Bruce |
The Brazilian national association of fertilizer distributors, ANDA, recently proposed national deve
EC TO PRESS FAR EAST ON YARD CAPACITY
Edwin Unsworth |
The European Community is to intensify its pressure on Far East governments and shipyards in an effo
Maritime
PAYMENTS DEFICIT SHRANK IN QUARTER
Richard Lawrence |
The U.S. international payments deficit shrunk in the final quarter but still hit a record for all 1
FED CHIEF SEES LIMITS TO DROP IN JOBLESS RATE
John Boyd |
The nation's unemployment rate can fall some but not too much more before triggering higher inflatio
HONG KONG SPENDING $5.6 MILLION TO LOCATE SITE FOR AIRPORT, PORT
Journal of Commerce Special |
The Hong Kong government has launched a US$5.6 million study to determine the site of its future air
Air Cargo
ICC TIFF CANCELS VOTE ON UP PLAN TO BUY KATY
Howard S. Abramson |
A procedural squabble among members of the Interstate Commerce Commission Tuesday caused the last-mi
Rail News
TRUCKING BRIEFS
Wire and Staff Reports |
Mitsubishi Delivers First FH Class 5 TruckBRIDGEPORT, N.J. - Mitsubishi Fuso Truck of Americ
Trucking News
INTERCONTINENTAL WILL BUY CIGNA LIFE COMPANIES
Journal of Commerce Staff |
InterContinental Life Corp. said Tuesday it intends to buy Cigna Corp.'s individual insurance produc
NAVISTAR PACES TRUCK MAKERS TO BIG FEBRUARY SALES GAINS
Michael S. Lelyveld |
While the heavy truck industry was busy beating its February 1987 sales by 20 percent last month, i
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
March 15, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
HONGKONG & SHANGHAI POSTS RECORD PROFIT
P.T. Bangsberg |
The Hongkong & Shanghai Banking Corp. reported a record profit for 1987 of HK$3.59 billion (US$460 m
TALKS ON OCEAN RATES FOR WINE AND SPIRITS YIELD NO SOLUTION YET
Rose A. Horowitz |
Rate contract talks between the North Atlantic shipping conference and the beer, wine and spirits in
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
RAIL BRIEFS
Wire and Staff Reports |
Subway Off Limits During Senate VoteWASHINGTON - The U.S. Senate has banned tourists and oth
Rail News
COST OF CREDIT
JOC Staff |
Tue., March 15, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
EXPORT OPPORTUNITIES
US Department of Commerce |
HOW TO USE: Trade leads on this page are listed according to industry. Codes preceding each
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Japanese Oil Companies Expect Saudi DiscountsSaudi Arabia is likely to offer discounts to Ja
PLASTICS CORNER CARBIDE BOOSTS EMULSION PRICES
Journal of Commerce Staff |
Union Carbide Corp.'s UCAR emulsion systems group is raising the price on vinyl acetate homopolymer
PLASTICS CORNER SOLTEX INCREASES PRICES OF RESINS
Journal of Commerce Staff |
Soltex Polymer Corp. has announced a 3-cent-a-pound increase on all homopolymer and copolymer grades
PEOPLE - CHEMICALS
From Wire and Staff Reports |
AUSIMONT N.V. (Waltham, Mass) - Ausimont announced that its board has accepted the resignation of Ma
CHEMICAL BRIEFS
Wire and Staff Reports |
Medicorp Licenses PolyCell TechnologyPolyCell Inc., a subsidiary of Quest BioTechnology Inc.
TRADE FAIRS
JOC Staff |
Hanover Fair CeBIT - Office, Information and Telecommunications Technology Fair. March 16-23. Frankf
Maritime
STEEL PRODUCTION SHOWS 0.2 PERCENT DROP
(Ap) |
Steel production fell to 1.967 million tons in the week ended March 12, a decrease of 0.2 percent fr
CANAL STRIKE DISRUPTS BUNKERING
Gloria Joseph |
A strike at the ports on either end of the Panama Canal has caused a standstill in all port-related
Maritime
HONG KONG MAY TIGHTEN EXPORT CREDIT CHECKS
P.T. Bangsberg |
Hong Kong's export-credit agency is threatening to tighten scrutiny of credit applicants, as yet ano
Maritime
HONG KONG POSTPONES TRADE CENTER OPENING
P.T. Bangsberg |
A star-studded conference to open Hong Kong's new trade and exhibition center is being delayed for f
PEOPLE - AVIATION
From Wire and Staff Reports |
American Airlines (DFW AIRPORT, TEXAS) - Edward P. Faberman, deputy chief counsel of the Federal Avi
Air Cargo
AVIATION AGENCY DEFENDS TRAFFIC CONTROL COMPUTERS
(Ap) |
A $197 million nationwide air traffic control computer system will improve air safety even though it
Air Cargo
WORLD TODAY
Wire and Staff Reports |
Conferees Ready to Cut Gephardt AmendmentThe Senate Finance Committee Monday was poised to s
ENERGY BRIEFS
Wire and Staff Reports |
Soviets Agree to Cut Price of Oil to FinlandHELSINKI, Finland - The Soviet Union has agreed
INDONESIA SIGNS US DEALS, ASSAILS RIVALS IN OPEC
P.T. Bangsberg |
Two U.S. oil majors signed contracts Monday with Indonesia's state energy monopoly Pertamina, as an
SPOT PRODUCT PRICES
JOC Staff |
March 14, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
$15 CRUDE PRICE MAY BE TESTED, ANALYSTS BELIEVE
Roberta C. Yafie |
A belief that the Organization of Petroleum Exporting Countries will not intervene in the energy mar
ARCH WORKERS REJECT MEMBERSHIP IN UMW
Tom Daykin |
Employees of Arch Mineral Corp.'s Breathitt County, Ky., subsidiary voted last week to reject a prop
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