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ENERGY BRIEFS
From Wire and Staff Reports |
Fluor Unit to Convert Midland Nuclear PlantJACKSON, Mich. - Consumers Power Co. picked a Flu
SOVIETS CITE BIG DROP IN POLLUTION IN SEA AREAS AROUND MAJOR PORTS
Albert Axebank |
A Soviet government report says pollution of the Baltic, Black, Barents and Azov seas has "dropped d
AMERICAN AUTOMAR MODIFIES, DELIVERS ROLL-ON TO NAVY
Mark Magnier |
American Automar Inc. says it has completed the reflagging and retrofitting of the vessel Cape Edmon
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Wed., April 29, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SCHERING-PLOUGH FOCUSES ON R&D
Journal of Commerce Staff |
Schering-Plough Corp. is allocating $240 million to research and development in 1987, or 13 percent
PLASTICS CORNER
Journal of Commerce Staff |
Nunc Inc. Acquires Business From MilesNunc Inc. of Naperville, Ill., a subsidiary of BTR PLC
HONG KONG'S AIRBORNE TRADE TAKES OFF IN '86
P.T. Bangsberg |
Airborne trade last year jumped 26 percent over 1985, more than offsetting that year's declines with
VPA TERMINALS BEING ENLARGED
Rocky L. Rinker |
The Virginia Ports Authority is expanding facilities at all three of its cargo terminals. At
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Jet Air Executives Indicted a Second TimeJet Air, an El Cajon-based aerospace manufacturing
Maritime
OAKLAND PINS HOPES ON PROMOTIONAL TOUR
Maureen Robb |
The city of Oakland, tired of being in the shadow of its neighbor San Francisco, is launching an unu
Maritime
ITALIANS LOOK FOR JAPAN TRADE
Andrew Mutter |
As trade frictions between Japan and the United States grow, Italy is taking steps to open its marke
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Chase Service to Aid Importers, ExportersChase Manhattan Bank announced the introduction of
Maritime
CHEVRON LOOKS TO FINALIZE SALE OF NY TERMINAL
Sam Glasser |
Chevron Corp. hopes to finalize the sale of its deepwater terminal in New York harbor by the end of
JAPAN COAL TALKS LEAVE SENATOR LESS BULLISH
Tim Sansbury |
Sen. Jay Rockefeller, D-W.Va., returned from a trip to Japan sounding less bullish about the amount
US-CANADIAN VENTURE PLANS SMELTING PLANT IN OREGON
Journal of Commerce Special |
A joint venture between a Canadian company and a U.S. engineering company is expected to result in c
Maritime
EXPORT BRIEFS
From Wire and Staff Reports |
Shultz Questions Export Bonus ProgramSecretary of State George Shultz said that extending ex
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CANADIAN FEED BARLEY SHIPPED INTO CALIFORNIA
Rosalind Krasny |
A cargo of Canadian feed barley was shipped into Antioch, Calif., recently, export and shipping sour
Maritime
SHIPPING FACTORIES TO CHINA ALL IN A DAY'S WORK FOR COSCO
John Davies |
When Walt Schreiber packed up a full-scale cannery and loaded it onto a ship the other day, he bare
SENATE COMMITTEE SOFTENS ITS TRADE LEGISLATION A BIT
Helen Ericson |
The Senate Finance Committee voted 14-2 to soften its trade legislation by returning to the presiden
FINANCIAL BRIEFS
From Wire and Staff Reports |
Bankers' Acceptances Rose Again in MarchBankers' U.S. dollar acceptances rose $739 million i
HOUSE VOTE HURTS DOLLAR
Knight-Ridder Financial |
The U.S. dollar dropped sharply against the yen and eased against other key currencies Wednesday aft
EARNINGS
Journal of Commerce Staff |
Borg-Warner Income RisesBorg-Warner Corp. reported first quarter net income of $52.4 million
MEXICAN PILOTS CALL FOR NEW JETS
(Ap) |
Pilots and aeronautical engineers say the government airline Aeromexico needs to replace 13 of its 4
MARITIME BRIEFS
From Wire and Staff Reports |
Carrier Expands European ScopeANTWERP, Belgium - United Mediterranean Shipping Co., which op
Maritime
TORT REFORMS ADOPTED IN 1986
Paula L. Green |
Although nearly 40 states passed some measure of tort reform in 1986, the American Tort Reform Assoc
CITY REPORT PANS FISHERMAN'S WHARF
(Ap) |
Fisherman's Wharf hooks more tourists than any other San Francisco attraction, but city planners say
Maritime
JAMAICA PUTS HOTELS ON THE BLOCK AS PART OF ITS DIVESTMENT PLAN
Canute James |
Foreign and local purchasers are being sought by the Jamaican government for 12 state-owned resort h
Maritime
HONG KONG, MALAYSIALURE US INVESTMENT
P.T. Bangsberg |
Hong Kong and Malaysia are stepping up efforts to woo more investment, especially from the United St
Maritime
SPOT PRODUCT PRICES
JOC Staff |
April 29, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
CONNECTICUT COUNCIL TO PRESENT AWARDS
Journal of Commerce Staff |
Three Connecticut residents will receive awards tonight from the state's District Export Council.
Maritime
OIL CONCERNS GIVE LESS TO CHARITY
Journal of Commerce Staff |
Oil companies, which have been among the leaders in corporate contributions to worthy causes for nea
COUNCIL SAYS GULF PROTECTION IS GLOBAL RESPONSIBILITY
(Ap) |
The six-nation Gulf Cooperation Council believes that protecting ships and freedom of navigation in
Maritime
BIG UK BANKS SLASH LENDING RATES TO 9.5 PERCENT
Knight-Ridder Financial |
Major U.K. banks lowered their base lending rates (equivalent to the U.S. prime rate) by 0.5 of a pe
TRADE BOOM SPARKS SHANGHAI RENOVATION
Bruce Fienberg |
The port of Shanghai, in the heart of China's industrial center, is working to modernize facilities
Maritime
ARGENTINA ADOPTS NEW TERMS FOR OIL EXPLORATION, PRODUCTION
Jeremy Morgan |
President Raul Alfonsin signed a decree legalizing new oil contract terms in what was seen as a long
KNAPPTON CORP. INAUGURATES CONTAINER BARGE OPERATION
Journal of Commerce Special |
Knappton Corp. brought its first load of barged containerized cargo from the Columbia-Snake River sy
Maritime
SOUTH KOREA LOOKS TO JAPAN
(Ap) |
South Korea's ambassador called for Japan to open its markets wider and predicted an eventual improv
Maritime
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