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BANKS URGED TO FUND LDCS WITH BONDS
Richard Lawrence |
Commercial banks should consider bonds, rather than direct loans, as the preferable way of providing
CONSUMER PRICES RISE ONLY 0.3 PERCENT
(Ap) |
A slowdown in energy prices partially offset sharply higher food costs to produce a 0.3 percent incr
ON THE MOVE JOHNSTON TO HEAD AMAX UNITS
JOC Staff |
Thomas G. Johnston was named president of Sydney, Australia-based Amax Pacific Inc. and chairman of
AUSTRALIA'S TNT GROUP BUYS 72 FREIGHTER JETS
Bruce Barnard |
TNT, the Australian transport group, launched a bid for supremacy in the world's air freight and exp
US LIQUOR INDUSTRY HAS ANOTHER BAD YEAR
(Ap) |
Hit by taxes and the health fitness trend, the U.S. distilled spirits industry has posted another ex
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Supreme Court invalidated a Washington law that taxed products made in the
SCIENTISTS REPORT SUPERCONDUCTIVITY ADVANCES TODAY
John Davies |
Physicists investigating ceramics and crystals that lose nearly all resistance to electricity are sc
A CORRECTION
JOC Staff |
Due to a typographical error, the operational status of Keystone Shipping Co. of Philadelphia was li
WORLD TODAY
From Wire and Staff Reports |
Congress Moves Ahead On Budget ProposalCongress is finishing work on the Democratic budget p
WHAT A DIFFERENCE A YEAR MAKES FOR OPEC
Bruce Barnard |
The Organization of Petroleum Exporting Countries will complete its year-long crawl back to a positi
TAXES IN TWO STATES STRUCK DOWN WASH. LEVY ON PRODUCTS SOLD INTERSTATE UNFAIR
Leah R. Young |
States may not impose taxes on products manufactured in state and sold to out-of-state purchasers wh
TAXES IN TWO STATES STRUCK DOWN PENNSYLVANIA TAX UPSET VICTORY FOR TRUCKING
Leo Abruzzese |
The Supreme Court struck down two disputed Pennsylvania truck taxes in a major ruling that could for
INTERVENTION TALK DEPRESSES DOLLAR
Gordon Platt |
The dollar fell abruptly against major foreign currencies Tuesday morning on rumors the Federal Rese
US-FLAG SHIP TO HAUL CARS FROM JAPAN ENTERS SERVICE THIS WEEK
Roger Schreffler |
The first of four U.S.-flag ships being built to haul Japanese automobiles and defuse trade tensions
PUERTO RICO TRADE & INVESTMENT SURVEY
JOC Staff |
Top Stories Puerto Rico's economy is expected to strengthen this year following a dramatic i
TOKYO ACTS ON EXPORT LICENSING TIGHTER CURBS VOWED TO PREVENT ILLEGAL SALES TO THE USSR
A.E. Cullison |
Japan will tighten controls on issuance of export licenses in the wake of illegal shipments of highl
TRADE BILL MAY HURT US FIRMS IN ASIA
JOC Staff |
U.S. subsidiaries in the newly industrializing countries of Asia could be far more affected by new t
COURT UPSETS GAS PIPELINE ACCESS RULE
John Maggs |
An appeals court overturned a federal rule on natural gas transportation that was a key part of the
METALS, GRAIN FUTURES FALL SHARPLY
Knight-Ridder Financial |
Precious metals and grain futures prices fell sharply Monday in active trading, with gold and silver
DEVELOPING NATIONS PILE UP DEBT IN ASIA
JOC Staff |
The external debt of developing countries in Asia grew much faster than that of counterparts elsewhe
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Tokyo Stocks Suffer Third Worst LossTOKYO - Tokyo stock prices plunged Monday to the third w
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR HITS 3-MONTH HIGH
Alan Zimmerman |
For the second straight week, the U.S. dollar started out on a strong uptrend, topping a 10-week hig
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SQUIBB, CETUS AGREE TO FORM BIOTECH VENTURE
Charles Thurston |
Squibb Corp. will invest $115 million in Cetus Corp.'s efforts to develop biotechnology-based drugs
DATA TO SHOW US OWES WORLD $220 BILLION
(Ap) |
The government today will produce its official estimate of just how much the United States is in deb
COST OF CREDIT
JOC Staff |
Mon., June 22, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PLASTICS CORNER RESINS PRODUCTION ROSE IN APRIL
Journal of Commerce Staff |
Production of plastics resins totaled 3.969 billion pounds in April, up 7.3 percent from the same mo
MCI TO CONSTRUCT MELAMINE PLANT
Journal of Commerce Staff |
Melamine Chemicals Inc. plans to take the company public and use proceeds to build a new melamine pl
CANADA SEEKS PRIVATE INVESTORS TO HELP FUND VANCOUVER GROWTH
Mark Wilson |
The Canadian government is seeking business partners to put up the cash for expansion at Vancouver I
Air Cargo
CHEMICAL MARKETS DRUG STOCKS PERFORMED WELL IN MAY
Journal of Commerce Staff |
Drug stocks slightly outperformed the Standard & Poor's 400 index during May, with a 1.2 percent inc
HIGH COURT TO HEAR MAIL SERVICE CASE
Tim Neale |
The U.S. Supreme Court agreed to hear an appeal from the University of California at Berkeley concer
Air Cargo
MCDONNELL DOUGLAS BETS ON THE MD-11
(Ap) |
The McDonnell Douglas Corp. is hoping to usher in a new generation of wide- body air travel with a s
Air Cargo
HOTEL CHAINS REPORTED PLANNING ALLEGIS BID
(Ap) |
Two of the nation's largest hotel chains are working together in an attempt to take over the beleagu
Air Cargo
FAA INSPECTORS INCREASE THEIR VISIBILITY AT EASTERN
Dave Higdon |
The Federal Aviation Administration acknowledged its inspectors are engaged in increased surveillanc
Air Cargo
AIR FRANCE EQUITY MAY OPEN UP
Howard Schissel |
Part of the capital of Air France, the French state-controlled airline, could be opened to private i
Air Cargo
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Canada and the United States will operate common border facilities experimental
AVIATION BRIEFS
From Wire and Staff Reports |
Eastern Lowers Rates For Sprint ServiceEastern Airlines has lowered the rates for its same-d
Air Cargo
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Canada and the United States will operate common border facilities experimental
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