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MOODY'S REVIEWS PE'S RATINGS
Journal of Commerce Staff |
Moody's Investors Service says it is continuing to review the credit ratings of Philadelphia Electri
COAL BRIEFS
Wire and Staff Reports |
Hearing Planned On Wildcat MiningBecause of a concern about the unauthorized coal extraction
SUNKEN BARGE RAISED IN WASH., SALVAGERS DETECT MINOR OIL SPILL
(Ap) |
A salvage crew raised a sunken oil barge Sunday from the murky depths of Guemes Channel, one month a
Maritime
MARAD ACCEPTS SHELL OPTION FOR LNG SHIPS
Journal of Commerce Staff |
The Maritime Administration has accepted a purchase option from Shell International Inc. of London t
Maritime
LIFE POLICY SALES ROSE 11 PERCENT IN 1987
(Ap) |
New sales of life insurance increased 11 percent in 1987 to $11 billion, representing an improvement
INSURANCE BRIEFS
Wire and Staff Reports |
Pa. Bill Would Create Consumer AdvocateHARRISBURG, Pa. - A Pennsylvania legislative panel ha
ANOTHER ASBESTOS FIRM LEAVES CLAIMS FACILITY
Laura Raley Borda |
Another asbestos manufacturer has withdrawn from the Asbestos Claims Facility. Eagle-Picher
DRUNKEN DRIVING ARRESTS ON RISE
(Ap) |
Arrests for driving under the influence of alcohol rose more than 220 percentfrom 1970 to 19
CANAL TREATY NO ISSUE YET
Journal of Commerce Staff |
The Reagan administration remained silent on the Panama Canal treaty as relations between the two co
INSURERS CLAIM VICTORY IN COURT RULING
Paula L. Green |
An insurance industry association claims that a recent federal court decision supports its claim tha
FINANCIAL BRIEFS
Wire and Staff Reports |
Security Pacific to Buy Hibernia BankNEW YORK - Security Pacific Corp. said it signed a lett
MARITIME BRIEFS
From Wire and Staff Reports |
Committee to Discuss Unctad ProposalsThe Shipping Coordinating Committee will meet here Marc
Maritime
NEDLLOYD STOCK POPULAR IN NORWAY
Journal of Commerce Special |
Nedlloyd, one of the largest shipping companies in the world, has been selling more and more shares
Maritime
AGENCY PUTS OFF PERUVIAN RETALIATION
Robert F. Morison |
The Federal Maritime Commission has rescinded its March 7 date for the cancellation of the tariffs o
Maritime
COURT READIES ORDER TO HALT VIOLENCE IN NY TUG STRIKE
James Nolan |
Stiff limits on strike actions by tug crew workers and boat owners were being shaped by U.S. Distric
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
GOTHENBURG REPORTS BOX TRAFFIC GROWTH
Journal of Commerce Special |
Container traffic through the port of Gothenburg increased by 10 percent in 1987. The port handled 2
Maritime
PLASTICS CORNER GAINS IN SYNTHETIC RUBBER USE TO ERODE IN '88, INSTITUTE SAYS
Journal of Commerce Staff |
Reversing a trend that has prevailed for several years, North American synthetic rubber consumption
EPA URGES STATES TO LEAD BATTLE AGAINST GROUNDWATER POLLUTION
Steven Thomma |
The Environmental Protection Agency looked to state governments late last week to help prevent conta
CHEMICAL MARKETS
Journal of Commerce Staff |
Fertilizer Use Up For All GroupsConsumption of U.S.-produced fertilizer materials rose for e
PEOPLE - CHEMICALS
From Wire and Staff Reports |
ABB COMPOSITES INC. (Irvine, Calif.) - Rolf R. Berglund was appointed president of ABB Composites. M
EPA TO REMOVE 36 SUBSTANCES FROM TOXIC LIST
(Ap) |
The Environmental Protection Agency is taking a final action to remove 36 substances from the list o
VANCOUVER ISLAND KRAFT PULP MILL TO BE UPGRADED
Journal of Commerce Staff |
British Columbia Forest Products Ltd. has launched a $238 million modernization plan to upgrade its
CHEMICAL BRIEFS
From Wire and Staff Reports |
Clinical Data Unit Gets Drug Research PactsThe Drug Research Services division of Clinical D
POWDER RIVER COAL PLUGGED
Tim Sansbury |
Powder River Basin coal blended with western Canadian coal of higher heat value can be sold in Pacif
BALTIC FREIGHT INDEX
JOC Staff |
1562.0 (Feb. 26, 1988) Previous day - 1560.5 The Baltic International Freight Futures Exchan
Maritime
ST. JOHNSBURY POSTS STRONG 1987 PROFIT GAIN
Leo Abruzzese |
St. Johnsbury Trucking Co. Inc. bucked an industry-wide earnings slump last year by posting a 20 per
Trucking News
FRANK B. HALL CHIEF CONFIDENT OF TURNAROUND
Laura Raley Borda |
Thirty-five years before Frank B. Hall opened his office on Wall Street in 1862, The Journal of Comm
TAKEOVER FEVER SPREADING AMONG EUROPEAN INSURERS
Bruce Barnard |
Takeover mania is sweeping through the European insurance industry as the European Community starts
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
EVERGREEN LINE EXPANDS SERVICE
Journal of Commerce Staff |
In the first major reorganization of its round-the-world container service since it was launched in
Maritime
GLOBAL SWAP MARKET REACHES $450 BILLION
Gordon Platt |
The global market in interest rate and currency swaps reached full maturity in 1987, according to Pa
SOVIET UNION MAY HAVE A CRUSH ON US SOYBEAN MEAL IMPORTS
(Ap) |
A decision last fall by Moscow to buy high-protein soybean meal from the United States is seen by an
NET INCOME FALLS 3 PERCENT AT BIGGEST SWISS BANK
Journal of Commerce Staff |
Union Bank of Switzerland, that nation's largest bank, said net income fell 3 percent in 1987 to 752
US INVESTIGATORS CUT SHORT SWISS INSIDER TRADING PROBE
(Ap) |
Four U.S. Congressional bank investigators cut short a trip to Switzerland after being warned that s
SECOND BIG UK BANK REPORTS LOSS FOR '87
Janet Porter |
Lloyds Bank, one of the big four U.K. clearing banks, slid into the red last year as a result of its
DOLLAR IN NARROW RANGE PENDING TRADE DATA
Kevin Commins |
The dollar remains locked within a narrow trading range, a condition that most traders and economis
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 |
Fri., Feb. 26, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
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