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BANK OF CANTON PROFIT HURT BY RECESSION
P.T. Bangsberg |
Recession in Singapore and Malaysia helped to knock 5 percent off the profit of Bank of Canton, a un
FINLAND TO EASE RESTRICTIONS ON FOREIGN OWNERSHIP OF STOCK
Gordon Platt |
Limits on foreigners' stock holdings in Finnish companies will be eased next month and mutual funds
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
COST OF CREDIT
JOC Staff |
Tue., May 12, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
FINANCIAL BRIEFS
Wire and Staff Reports |
UK Gilt Auction Today May Bring 8.4 percent YieldLONDON - U.K. gilt market makers said they
CHILEAN DEBT SWAPS EXCEEDING FORECASTS
Knight-Ridder Financial |
Inversiones Chase Manhattan Ltd., the Chilean subsidiary of Chase Manhattan, is predicting Chile's p
FLUOR DANIEL WINS CIBA-GEIGY PACT
Journal of Commerce Staff |
Fluor Daniel, a unit of Fluor Corp., has been awarded a contract by Ciba- Geigy Corp. for the design
PLASTICS CORNER US IMPORTS, EXPORTS RISE FOR MAN-MADE FIBER APPAREL
Journal of Commerce Staff |
During 1986, U.S exports of man-made fiber apparel increased to 2.16 billion pounds, gaining almost
CHEMICAL MARKETS LEDERLE CUTS PRICE OF VACCINE
Journal of Commerce Staff |
Lederle Laboratories, a division of American Cyanamid Co., announced a price reduction for diphther
BALL-INCON ACQUIRES GLASS UNIT
Journal of Commerce Staff |
Ball-Incon Glass Packaging Corp., a joint-venture company of Ball Corp. and TBG Europe NV, acquired
EMERY EXPECTS PUROLATOR BUY TO LIFT PROFITS
Kevin D. Thompson |
Emery Air Freight Corp.'s recent acquisition of Purolator Courier Corp. will return the company to p
SINGAPORE AIRLINES LOOKS READY TO BUY A 747 FREIGHTER THIS YEAR
Marion Cotter |
Singapore Airlines looks set to take the plunge and buy a 747 freighter this year - its first all-ca
P&G APPOINTS 6 VICE PRESIDENTS
Journal of Commerce Staff |
Procter & Gamble said it elected six vice presidents, all new positions, effective immediately:<
NEWS SUMMARY
JOC Staff |
GENERAL NEWS The United States can anticipate both continued economic growth and more inflat
US BIOTECH FIRM JOINING JAPANESE IN CANCER TESTS
Journal of Commerce Staff |
Applied DNA Systems Inc. announced an agreement with Mitsubishi-Yuka Laboratory of Medical Science C
BAKER SEES SHIFT IN TRADE IMBALANCE
From Combined Wire Services |
There is "good evidence" that the huge trade imbalances between the United States and its major trad
INDEX FORECASTS CONTINUED GROWTH
Journal of Commerce Staff |
The United States can anticipate both continued economic growth and more inflation, according to lea
CORRECTIONS
JOC Staff |
Because of an editing error, Donald E. Nyrop was incorrectly identified in an article on page 9B, M
PIA, A 'NICHE CARRIER,' FINDS ITS NICHE
Richard Malkin |
It started late last year. There was a noticeable upturn in the carrier's export traffic. For a whi
3 AIR BILLS MAKE WAY IN HOUSE
Tim Neale |
The House Aviation Subcommittee Tuesday approved legislation authorizing a 70 percent increase in fe
GROUP HOPES TO START AIR CARRIER IN MIAMI
David Lyons |
Defying an industrywide shakeout, a small group of airline veterans hopes to start a Miami-based air
WORLD TODAY
Wire and Staff Reports |
Parliament Approves EC Food Price CutsSTRASBOURG, France - Leaders of most political groups
TAX ACT'S EFFECTS ON PORTS NOT AS BAD AS ANTICIPATED
Bill Mongelluzzo |
The 1986 Tax Reform Act hasn't made life any easier for ports, but the act's new restrictions on tax
AVIATION BRIEFS
From Wire and Staff Reports |
Eastern Challenges DOT to Enter ProgramEastern Airlines has challenged the U.S. Department o
PRICE RALLY PUMPS UP OPEC IMAGE
Bruce Barnard |
The Organization of Petroleum Exporting Countries is slowly winning the respect of a skeptical oil m
A.H. ROBINS ENDORSES CLAIMS PLAN
(Ap) |
The A.H. Robins Co. has informally endorsed a revised plan for resolving Dalkon Shield claims that
JUSTICE TO APPEAL RULING FAVORING NO GM RECALL
(Ap) |
A three-year government struggle to force a recall of 1.1 million 1980 General Motors cars will go a
SPANNING UTAH'S VAST ALL-TERRAIN PARADISE
John Davies |
Bouncing along through thermal updrafts, Jack Martin rolled the small plane to one side and circled
CONTRACTOR ENTERS INNOCENT PLEA
(Ap) |
A contractor pleaded innocent this week to a 43-count indictment that included charges of defrauding
AIRLINE CHIEF PRAISED FOR SUPPORT OF EMPLOYEE HEALTH INSURANCE
Leah R. Young |
Robert L. Crandall, American Airlines Inc. chairman, broke from the traditional business view and en
AEGON PLANS TO INCREASE ITS HOLDINGS
Journal of Commerce Staff |
Aegon Insurance Group said it is negotiating to acquire Union Previsora SA, Madrid. Negotiat
INSURANCE EARNINGS
JOC Staff |
Geico Earnings Up for QuarterGeico Corp. reported first quarter operating earnings rose to $
COMPANIES SEEK GAS SERVICE OK
Journal of Commerce Staff |
Two major natural gas pipeline suppliers want to develop a new long-term natural gas storage service
OTAIBA EXPECTS OPEC TO RAISE OUTPUT CEILING
A Wire Report |
The Organization of Petroleum Exporting Countries will increase its output ceiling of 15.8 million b
SPOT PRODUCT PRICES
JOC Staff |
May 12, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ENERGY BRIEFS
Wire and Staff Reports |
Saudi Agency Reports Drop in Oil RevenueRIYADH, Saudi Arabia - Saudi Arabia's oil revenues d
JOBLESS WEST VIRGINIAN MINERS SEE RICHES IN NUCLEAR DUMP
(Ap) |
Along U.S. 52, where jobless West Virginians hawk wooden Indians, second-hand bedspreads and old clo
IRAQ REITERATES DEMAND FOR HIGHER QUOTA
(Ap) |
Iraq is again demanding an OPEC oil production quota equal that of Iran, its foe in the Persian Gulf
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