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NYMEX CHIEF SUPPORTS MERGER WITH COMEX
Roberta C. Yafie |
Merging the operations of the New York Mercantile Exchange and the Commodity Exchange Inc. tops a cr
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Mon., April 20, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
WELL COMPLETIONS DECLINE 34 PERCENT
Knight-Ridder Financial |
Estimated U.S. oil and gas well completions in the first quarter fell more than 34 percent from the
MAY FUTURES COULD DRIVE UP CASH PRICES
Knight-Ridder Financial |
May crude oil futures are expected to drive the cash markets higher this week, oil traders said.
SPOT PRODUCT PRICES
JOC Staff |
April 20, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
OCCIDENTAL, LASALLE SIGN AGREEMENT
Journal of Commerce Staff |
Occidental Petroleum Corp. signed a definitive agreement to sell United Gas Pipe Line Co. and UER Ma
DEBIT CARDS MAKING IT AT THE GASOLINE PUMPS
(Ap) |
Debit cards, which allow instant cash transfers from one bank account to another, may prove they can
MANY FACTORS PLANTED SEEDS FOR BIG SOVIET GRAIN CROP
(Ap) |
Although Moscow likes to cite improved use of technology as the main reason for last year's bumper S
NORMALCY SEEN RETURNING TO TIN
P.T. Bangsberg |
Normal conditions could return to the world tin market by next year if current rates of depletion of
COMMODITY BRIEFS
From Wire and Staff Reports |
Crop Program Sign-ups To Be Released SoonUSDA intends to release preliminary results of the
TANKER GUIDE STEERS BUYERS ON RIGHT COURSE
Joseph Bonney |
To keep up with all the tankers floating around, you need a scorecard - and Arthur McKenzie has one.
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Texaco Shareholders Want RepresentationWHITE PLAINS, N.Y. - Five Texaco Inc. shareholders ha
INCIDENTS STIR UP ANTI-NUCLEAR FEELING IN FRANCE
(Ap) |
A series of troubling, costly but officially minor nuclear incidents has suddenly awakened long-slum
TRITON ENERGY CORP. BOOSTS PROVED PARIS BASIN RESERVES
Journal of Commerce Staff |
Triton Energy Corp. said its gross proved oil reserves from the Paris Basin Villeperdue oil field in
LONG BEACH PORT PRAISES SENATOR
Bill Mongelluzzo |
The port of Long Beach expressed its gratitude to Sen. Pete Wilson for his efforts to help override
Maritime
NEWS SUMMARY
JOC Staff |
BANKINGThe Supreme Court refused to embroil itself in the interstate banking controversy. Pa
Maritime
ROCKWELL INTRODUCES ELECTRONIC LOG OPTION
Michael S. Lelyveld |
Rockwell International Corp. has introduced an automatic logging option for its Tripmaster on-board
SAS WEIGHS MERGER WITH SABENA AIRLINE
(Ap) |
Scandanivian Airlines System is discussing a possible merger with Sabena Airline of Belgium, an SAS
NATIONAL RAIL STRIKE PREDICTED IN CANADA
Mark Wilson |
State-owned Canadian National Railways is predicting a national rail strike in June. Hourly
REAGAN'S PLAN TO SLIM DEFICIT: A TALE OF TWO TRADE REPORTS
(Ap) |
The Reagan administration may have come up with a way at long last to shrink the country's huge trad
ON THE MOVE M. AXELROD NAMED VP OF HARRIS UNIT
Staff Report |
Harris Corp. named Martin S. Axelrod vice president, general manager, of the Fort Lauderdale, Fla.-b
NEWS SUMMARY
JOC Staff |
BANKINGThe Supreme Court refused to embroil itself in the interstate banking controversy. Pa
W. GERMAN STEEL CLAIMS 3 NATIONS SUBSIDIZING
H. Peter Dreyer |
West German steelmakers suspect that some producers in other European countries are receiving illega
Maritime
COURT TOSSES INTERSTATE BANK BALL TO CONGRESS
Leah R. Young |
The Supreme Court refused to hear arguments that could have produced a judicial solution to the inte
INTERMODALISM/NATIONAL AND INTERNATIONAL
JOC Staff |
Top Stories A large portion of the success railroads are enjoying in attracting intermodal t
WORLD TODAY
From Wire and Staff Reports |
Oil Workers Strike For Pay Hikes in PeruLIMA, Peru - More than 8,000 workers at Peru's state
HEAD OF FALTERING SHIP LINE IN SOUTH KOREA KILLS SELF
P.T. Bangsberg |
The head of South Korea's debt-laden Pan Ocean Shipping Co., Park Ken-suk, jumped to his death from
SCHMIDT'S DEPARTURE HAS SFSP IN A BIND
David M. Cawthorne |
Four unattractive options face Santa Fe Southern Pacific Corp. in the wake of the resignation of Joh
CONGRESS COOL TO STRICT TRADE BILL
A Staff Report |
A majority in Congress opposes a severely restrictive trade bill this year, a Journal of Commerce po
TRANSPORT EXECUTIVES GET TOGETHER
Lawrence Kaufman |
The transportation world - or a good portion of it - meets here beginning today at the International
YEUTTER DOWNPLAYS SEMICONDUCTOR TARIFFS
A.E. Cullison |
President Reagan's imposition of punitive tariffs on Japanese electronic products last week was only
IMPORT BRIEFS
From Wire and Staff Reports |
MMI Patent Declared Valid in Japan, USSANTA CLARA, Calif. - The U.S. Patent Office has compl
Maritime
NEW ZEALAND'S COAL CORP. FACES SHRINKING MARKETS
GORDON McLAUCHLAN |
The government-created Coal Corp. took over New Zealand's State Coal Mines on April 1 and began slim
EARNINGS MONSANTO NET INCOME UP 17 PERCENT
Journal of Commerce Staff |
Monsanto Co. said net income rose by 17 percent to $138 million, or $1.76 a share, in the first quar
RULING ON RATE DISPUTE ROLE UPHELD
(Ap) |
The Supreme Court Monday let stand a decision limiting the role of the federal courts in resolving d
PLASTICS CORNER MODERATE GROWTH REPORTED IN MAN-MADE FIBER USE
Journal of Commerce Staff |
Offsetting the strong gains in natural fibers was moderate growth of man-made fiber consumption, acc
CHEMICAL MARKETS FERTILIZER CONSUMPTION HIGHER FOR THE YEAR
Journal of Commerce Staff |
Producer consumption of fertilizer products was greater overall for the year to date ending March 19
DOE AWARDS CLEAN COAL PACTS TO 5 COMPANIES
Tim Sansbury |
The Department of Energy awarded cost-sharing contracts to five companies to develop clean coal burn
GOVERNOR GETS TRADE ADVICE
(Ap) |
California Gov. George Deukmejian is back in California this week after his European tour of Britai
Maritime
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