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SPOT PRODUCT PRICES
JOC Staff |
August 19, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
NEW ENGLAND SHORTAGES PROMPT UTILITY PROBE
TOM McNIFF Jr. |
The Massachusetts Department of Public Utilities will investigate the maintenance schedules for New
FRIEDLANDER REFLECTS ON 18 YEARS AS SEATTLE PORT COMMISSIONER
Gloria Joseph |
Abandoning the deepening and widening of the Duwamish Waterway is the most dramatic shift in directi
Maritime
LABOR ACTS TO EXPAND HAZARDOUS SUBSTANCE RIGHT TO KNOW RULES
From Wire and Staff Reports |
The U.S. Labor Department, threatened with contempt of court, has drawn up regulations significantly
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TIFFANY & CO. TAKES WARES TO JAPAN
Journal of Commerce Staff |
Tiffany & Co, New York-based jewelers, is taking some of its most precious wares to Japan for 80 day
Maritime
COST OF CREDIT
JOC Staff |
Wed., Aug. 19, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
OTHER BANKS LIKELY TO FOLLOW CITICORP'S MOVE TO RAISE EQUITY
From Wire and Staff Reports |
Other major U.S. banks likely will be tapping the equity markets in the near future in the footsteps
VW DE MEXICO STILL SHUT
WILLIAM A. ORME Jr. |
Striking Volkswagen workers again failed to reach agreement with management as one the longest strik
Maritime
MILITARY CARGO RATE WILL CLIMB SEALIFT COMMAND ATTRIBUTES INCREASE TO MORE EXPORTS
Robert F. Morison |
The rates that private U.S.-flag carriers receive to haul containerized military cargo throughout th
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CHARLESTON SETS S. ATLANTIC BOX RECORD
Craig Dunlap |
The port of Charleston has become the first South Atlantic port to handle more than 4 million tons o
CHEMICAL MARKETS FERMENTATION SALES EXPECTED TO GROW
Journal of Commerce Staff |
U.S. sales of fermentation products are projected to grow at a rate of 2 percent to 3 percent a year
T-BOND FUTURES HAVE STRONG 10 YEARS
Chicago Tribune |
Ten years ago this week, the Chicago Board of Trade revolutionized the market for U.S. government de
NICARAGUA LINKS OIL CRISIS, PEACE
(Ap) |
Nicaragua will run out of oil before year's end unless it receives immediate help, and the fuel cris
QUINTETTE COAL PINS ITS HOPES ON SHIKANO PIT
Brian Lewis |
The huge Quintette Coal Ltd. metallurgical coal mine in British Columbia's northeastern coal fields
STRIKING MINERS RETURN TO WORK IN S. AFRICA
(Ap) |
Anglo American Corp. said 700 striking black miners returned to work Wednesday at a coal mine, which
CATALYST SEEKS NOD ON STOCK SALE
Journal of Commerce Staff |
Catalyst Thermal Energy Corp., owner of a number of district steam systems, has asked the Securities
FIRM TIES STATE AID TO QUINCY YARD PLAN
TOM McNIFF Jr. |
The president of a firm that wants to reopen a shipyard here says the plan won't work without state
Maritime
TRANSPORT EARNINGS
JOC Staff |
El Al Reports Profit for YearEl Al Israel Airlines, Israel's national carrier, reported it e
Air Cargo
CANADIAN UNIONS SEEK END TO WALKOUTS DURING TALKS
Gregory S. Johnson |
The head of the umbrella group representing nine unions negotiating with Canada's railroads urged wo
Rail News
BUSINESS GROUP PREDICTS STEADY DECLINE IN DOLLAR
Knight-Ridder Financial |
The U.S. dollar will continue declining for the foreseeable future, as long as the United States kee
US BANKS REDUCE 3RD WORLD LENDING
(Ap) |
The debt owed to U.S. commercial banks by Third World countries dropped in the first three months of
LATIN AMERICAN DEBT PILE WEIGHS HEAVILY ON US BANKS
David Satterfield |
For the past decade, major U.S. banks have treated Latin American debt like South Floridians treat a
OSAKA AIRPORT RIFT STALLS US-JAPAN TALKS
A.E. Cullison |
U.S. and Japanese negotiators agreed to disagree Wednesday during talks involving Washington's insis
Maritime
CHINA CLAMPS DOWN ON PRIVATE BUSINESSES
(Ap) |
New regulations have been issued to clamp down on fraud, overpricing, tax evasion and other problems
Maritime
OLD NAVY MINESWEEPERS REPORTED BOUND FOR GULF
(Ap) |
As many as five Navy minesweeper ships based in Puget Sound will leave today for duty in the Persian
PENSION LEGISLATION SET TO GO
Leah R. Young |
Pension legislation is on a fast track in Congress and is expected to pass as part of a reconciliati
NAVISTAR LEAD NARROWS IN HEAVY TRUCK SALES
Michael S. Lelyveld |
There was a loud knock at the door at Navistar International Corp. last month. It was the so
Trucking News
SPACE TALKS FOCUS ON GLOBAL VENTURES
(Ap) |
Representatives of the world's space-faring nations are meeting in Hawaii to plan possible cooperati
CUSTOMS PROPOSES 100 PERCENT TARIFF ON JAPANESE CIRCUIT BOARDS
Cristina Lee |
The U.S. Customs Service has recommended a 100 percent retaliatory tariff on Japanese computer circu
ON THE MOVE
Staff Report |
RAILROADS Soo Line Corp. NamesGilmore Vice ChairmanSoo Line Corp. elected Robert C.
MARITIME BRIEFS
From Wire and Staff Reports |
Chinese Yard Group In Search of US OfficeA delegation of Chinese shipping officials arrived
Maritime
BRAZIL AIMS TO IMPROVE RAILWAYS
Knight-Ridder Financial |
Plans have been established to include the private trade in an effort to transport grain and oilseed
Rail News
CORRECTION
JOC Staff |
An Aug. 10 story about the consolidation of container terminal operations at Montreal misidentified
Maritime
SUMITOMO TO BUILD FACILITY IN VIRGINIA
(Ap) |
Sumitomo Heavy Industries Ltd. of Japan said it will build a plant in the United States by August 19
IMPORT BRIEFS
From Wire and Staff Reports |
US Sugar Imports Hit 21,265 Tons for WeekThe United States imported 21,265 short tons of sug
Maritime
FISCAL '88 BUDGET TO REQUIRE CUTS OF $45 BILLION
John Boyd |
By now, the drama of federal budget deficits evokes the image of televised live wrestling matches -
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
SHIPBUILDING MAY RETURN TO BROOKLYN NAVY YARD
Rose A. Horowitz |
A letter of intent that would return shipbuilding and repair work to the Brooklyn Navy Yard is expec
Maritime
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