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NEWS SUMMARY
JOC Staff |
GENERAL NEWS Observers greeted a flurry of government economic reports with relief. Page 1AG
Maritime
CREDIT MARKET GAINS LIKELY
RIPLEY WATSON Jr. |
A weaker U.S. economy, less inflationary pressure and a watchful Federal Reserve add up to an improv
GM SEEKS PROFIT HIKE AT LOWER VOLUMES
(Ap) |
General Motors Corp. Chairman Roger Smith told shareholders that GM efforts to cut costs and focus o
PASSENGERS' PROTECTION AIM OF BANKRUPTCY BILL
Tim Neale |
A member of the House Aviation Subcommittee introduced legislation Thursday to protect travelers fro
SPOT PRODUCT PRICES
JOC Staff |
May 21, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon, f
WEST COAST VIDEO PLANS UK VENTURE
Knight-Ridder Newspapers |
The videotape chain West Coast Video said it will export its highly successful formula to the United
Maritime
HONDA EXECUTIVE SEES US FIRMS IMPROVING
Bill Mongelluzzo |
U.S. companies are closer to becoming successful exporters than they might realize. At least
Maritime
QUOTA WATCH
JOC Staff |
Source: International Development Systems Inc., May 1987.
Maritime
BROCK WARY OF STEEL AID PLAN
(Ap) |
Labor Secretary William E. Brock warned U.S. steel executives that direct government aid to their co
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
MARITIME CALENDAR
JOC Staff |
The Society of Naval Architects and Marine Engineers. Annual spring meeting and Ship Technology and
Maritime
COST OF CREDIT
JOC Staff |
Thu., May, 21, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PLASTICS CORNER MOBIL TO EXPAND OPP PLANT
Journal of Commerce Staff |
Mobil Chemical Co. has broken ground for a major expansion and modernization of its oriented polypro
PORT HOPES FOR MORE
Marie Prat |
The port of Brownsville might be one of the few places in Texas where bigger isn't necessarily viewe
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 21 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
LACK OF FUNDS DELAYS PHILIPPINE LAND REFORM
(Ap) |
A lack of funding has prevented the government of President Corazon Aquinofrom implementing
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS A battle is brewing over postage rates. Page 2ABANKINGFederal Deposit
NO RX FOR TRADE DEFICIT
Kevin D. Thompson |
For lawmakers in Washington, the U.S. trade deficit is a lot like a nagging cold: no matter how much
Maritime
EC REPORTS INCIDENT AT NETHERLANDS REACTOR
(Ap) |
The European Commission reported a minor release of radioactivity which took place Tuesday in its nu
CAROLINA FOSSIL UNIT RUNS ABOVE AVERAGE
Journal of Commerce Staff |
Carolina Power & Light Co.'s coal-fired generating plants operated at an equivalent availability fac
COAL GROUP TO MEET JUNE 21-23
Journal of Commerce Staff |
The National Coal Association will hold its annual convention June 21-23 at the Ritz Carlton Hotel i
NEWS SUMMARY
JOC Staff |
GENERAL NEWS A battle is brewing over postage rates. Page 2ABANKINGFederal Deposit
Maritime
UP PROMOTES TAX BILL RIDER TO HELP RAILS
David M. Cawthorne |
Union Pacific Corp. wants to include a provision which could generate several hundred million dollar
TOUGH TRADE STANCE A MUST, US TOLD
Rose A. Horowitz |
U.S. Trade Representative Clayton Yeutter said the United States must be tough in handling its trade
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
Denver & Rio Grande Orders New Rail CarsDenver & Rio Grande Railroad said it has placed orde
BRAZIL STILL LIFELESS UNDER MORATORIUM
James Bruce |
Brazilians' jovial love of celebrations was nowhere evident Wednesday as this country completed the
Maritime
FUJITSU, FAIRCHILD SCHEMING AGAIN?
David Sylvester |
Ever since the proposed merger between Fairchild Semiconductor Corp. and Fujitsu Ltd. collapsed earl
Maritime
WAXMAN TO PUSH PRESCRIPTION DRUG BILL
Leah R. Young |
Rep. Henry Waxman, D-Calif., will try to add prescription drug coverage to leg islation from the Hou
INSURANCE BRIEFS
From Wire and Staff Reports |
Conn. Agents Elect Pinkney, LennoxWETHERSFIELD, Conn. - John E. Pinkney was elected presiden
MILD WINTER LOWERS US HEATING COSTS
(Ap) |
Mild temperatures last winter saved Americans $2.2 billion by lower ing the demand for heat across m
VIRGINIA COMPANY MAKES IMPORTERS' LIFE EASIER
Rocky L. Rinker |
When Alistair Jackson wanted to import wet suits into the United States from his native England in t
Maritime
DRAVO INKS BARGE PACT
Tim Sansbury |
Dravo Mechling Corp. just signed a one-year contract with a major coal supplier to barge export coal
STOCKS BREAK LOSING STREAK
Gordon Platt |
Stocks broke a string of five consecutive losses Thursday, as buyers were attracted by a relatively
MARITIME DAY TALKS RAP US POLICIES
Robert F. Morison |
National Maritime Day brought traditional tributes to the merchant marine's contributions to the nat
Maritime
TRUCKING BRIEFS
From Wire and Staf Reports |
New York City Bridges Get Funds for RepairsTwo New York City bridges will be repaired in par
'GOOFY' ENDING PERFECT IN FAMILY'S SAILBOAT SAGA
(Ap) |
Officials trying to help a New Orleans family squeeze their sailboat under a bridge took careful mea
Maritime
LILCO TO RESUME SHOREHAM TESTING
(Ap) |
Low-power testing will resume shortly for a third time at the Shoreham nuclear plant as new safety e
OCCIDENTAL BOARD DECLARES DIVIDEND
Journal of Commerce Special |
The board of the Occidental Petroleum Corp. declared a regular quarterly cash dividend of 62.5 cents
HOW TO PLAN AN OUT-OF-TOWN MEETING
Christopher Lofting |
Just when you thought your boss couldn't come up with one more special assignment in addition to you
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