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COST OF CREDIT
JOC Staff |
Tuesday, March 31, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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
FOREIGNERS HIKE SHARE OF US FARMS
Knight-Ridder Financial |
Foreign-owned U.S. agricultural land increased by 369,000 acres at the end of last year from the end
LIMITS PROPOSAL DUE IN SUMMER
Knight-Ridder Financial |
The Commodity Futures Trading Commission should have a new set of proposals for speculative limits f
EXPORT PICTURE CONTINUES GRIM FOR AGRICULTURE
(Ap) |
A new trade analysis by the Agriculture Department continues to offer grim tidings on agricultural e
COMMODITY BRIEFS
From Wire and Staff Reports |
Nord Will Place Stock With UK InvestorsDAYTON, Ohio - Nord Resources Corp. agreed with Klein
EXXON BUYS STAKE IN AUSTRALIAN FIELD
(Ap) |
Exxon Corp. said it will acquire a 25 percent stake in Australia's biggest onshore oil and gas produ
SIX EC COUNTRIES OPPOSE OILS, FATS TAX
Knight-Ridder Financial |
Six EC countries expressed varying degrees of opposition to the EuropeanCommission's proposa
KUWAIT PETROLEUM TO BUY BP UNIT
Knight-Ridder Financial |
Kuwait Petroleum Corp. is to buy British Petroleum's Danish subsidiary BP Olie-Kom pagniet A/S effec
PENNZOIL EXPECTS SUBSTANTIAL DROP IN EARNINGS
Kirby V. Freeman |
Pennzoil Co. expects its first quarter earnings to be down considerably, compared with the same peri
BP GROUP TO REORGANIZE HYDROCARBON BUSINESSES
Journal of Commerce Staff |
The BP Group will reorganize its hydrocarbon resource business today. BP Gas International b
SPOT PRODUCT PRICES
JOC Staff |
March 31, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
CHEVRON, NIPPON OIL IN VENTURE
Journal of Commerce Staff |
Chevron Corp., and Tokyo-based Nippon Oil Co. reached an agreement to conduct a joint venture oil ex
REFINERY RUNS SURGE 3 PERCENT
Knight-Ridder Financial |
Cash prices for heating oil followed a slow, downward trend last week, a pattern likely to continue
ENERGY BRIEFS
From Wire and Staff Reports |
Union Pacific, PdVSA Agree to PartnershipUnion Pacific and Petroleos de Venezuela S.A., the
PATENT OFFICE STALLS UNSTOPPABLE ENERGY MACHINE
Billy Bowles |
A mechanical engineer with the Mississippi Bureau of Geology calls Joe Newman's invention "probably
WORLD TODAY
From Wire and Staff Reports |
Elizabeth Dole Scored WASHINGTON - Rep. Norman Mineta, chairman of the House Aviation Subcom
SEATRAIN PLAN GETS APPROVAL FROM COURT
Mark Magnier |
Seatrain Lines Inc. said its latest reorganization plan was confirmed by the U.S. Bankruptcy Court,
UK POISED TO RETALIATE AGAINST JAPAN
Bruce Barnard |
The British Cabinet will discuss possible retaliatory measures against Japan Thursday, over Japan's
VENEZUELAN TOW TRAINEES 'TRUE PIONEERS' OF RIVER
Marie Prat |
The mighty Mississippi River was their classroom; now the wild Orinoco River will test the skills le
MORE P/C INSURERS SHOW WEAKNESS IN TEST
James Nolan |
Based on their 1985 financial statements, 37 percent of the nation's major property/casualty insuran
PANEL FIGHTS TO RETAIN SHIPPING AID
Tim Neale |
The new chairman of the Senate Merchant Marine Subcommittee vowed Tuesday to fight Reagan administra
COMMODITY BRIEFS
From Wire and Staff Reports |
Golden Poultry to Buy Fla.'s Don Lowe FoodsGolden Poultry Co. said it signed a letter of int
SHARP PRICE INCREASES UNDER FIRE IN POLAND
(Ap) |
Poles found sharply higher prices when shops opened Monday, with basic food prices increased by an a
Maritime
QUOTE TO NOTE
JOC Staff |
On Polish Prices: We are sitting on a powder keg.- Solidarity founder Lech Walesa, Amid swee
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Merger Creates Huge Accounting FirmThe new local office of Peat Marwick Main & Co. will have
Maritime
YEN'S RISE WORRIES JAPANESE BUSINESS
(Ap) |
Japanese business leaders planned an emergency meeting to discuss countermeasures after the U.S. dol
Maritime
FALLING DOLLAR CREATES TURMOIL IN JAPAN
(Ap) |
* DOLLAR FALLS: The dollar fell to a record low of 144.70 yen on the Tokyo foreign exchange market
Maritime
US SEMICONDUCTOR EXECUTIVES TO PONDER JAPANESE SANCTIONS
John Davies |
U.S. semiconductor executives are expected to meet in Washington Thursday to consider how best to ap
Maritime
US SATELLITE LOSS POSES LITTLE IMMEDIATE THREAT
(Ap) |
The loss of an $83 million TRW military satellite won't hurt military communications now, but TRW of
Maritime
YEN'S RISE WORRIES JAPANESE BUSINESS
(Ap) |
Japanese business leaders planned an emergency meeting to discuss countermeasures after the U.S. dol
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Philippines Signs Loan AgreementMANILA, Philippines - Philippine bank officials and World Ba
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Philippines Signs Loan AgreementMANILA, Philippines - Philippine bank officials and World Ba
Maritime
US CHIP EXECUTIVES TO MEET ON SANCTIONS
John Davies |
U.S. semiconductor executives are expected to meet in Washington Thursday to consider how best to ap
Maritime
JARDINE MATHESON TRIPLES PROFITS
P.T. Bangsberg |
Jardine Matheson Holdings Ltd. reported that after-tax earnings last year totaled HK$480 million (US
Maritime
NEED FOR NEW CAPITAL MAY DELAY FCA SALE
(Ap) |
The need for about $1 billion in new capital could delay efforts by the nation's largest thrift hold
Maritime
CHINA WILL SELECT PARTY SECRETARY IN FALL
Jasper Becker |
China will not select a new premier or announce a new party leader until the Communist Party Congres
Maritime
SQUABBLE DEVELOPS ON BOMB THREATS
(Ap) |
Untrained employees have searched at least six jets at Los Angeles International Airport for hidden
Maritime
RECORD TONNAGE SAILS UNDER PANAMANIAN FLAG
Janet Porter |
The trend toward flagging out by shipowners has lifted the size of the Panamanian fleet to a record
Maritime
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