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NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Supreme Court refused to review the Transportation Department's decision no
TRADE WITH AUSTRIA
JOC Staff |
Top Stories Austria's new coalition government makes economic growth a first order of busine
FORD FOUNDATION ASSETS SURGE
(Ap) |
A record surge in assets last year enabled the Ford Foundation to make special grants aimed at three
STIFFER SEAT BELT RULES THWARTED
Leah R. Young |
The Supreme Court refused to become embroiled in the controversy over whether air bags should be man
ERICKSON SUCCEEDS KRAUS AS JOFC EDITOR
Journal of Commerce Staff |
Stanford Erickson was named editor of The Journal of Commerce, Don C. Becker, publisher and presiden
INSURANCE BRIEFS
From Wire and Staff Reports |
20th Century to Hike Auto Insurance RatesWOODLAND HILLS, Calif. - 20th Century Insurance Co.
MARKET CONDITIONS WORSENED IN 1986
Journal of Commerce Special |
Insurance market conditions continued to deteriorate last year although signs of improvement began a
MATERNITY LEAVE COSTS STAY STEADY
Journal of Commerce Staff |
Maternity leave is one employee benefit where the cost has remained relatively stable, a new study s
INSURANCE CALENDAR
JOC Staff |
National Council on Compensation Insurance holds annual meeting April 1-2 in Boca Raton, Fla. Infor
INSURANCE EARNINGS
JOC Staff |
Nuclear Insurer Posts Higher NetAmerican Nuclear Insurers, one of three pools that provide i
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR MOVES LOWER AGAIN DESPITE MORE INTERVENTION
Knight-Ridder Financial |
The U.S. dollar declined again against most foreign currencies Friday despite renewed talk in the ma
ONTARIO TEAM TO MEET WITH EUROPEAN INSURERS
Leo Ryan |
Ontario's minister of financial institutions, Monte Kwinter, will meet European government and busin
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LEVERAGED BUY-OUT FIRM ACTIVE
(Ap) |
Corporate America's restructuring wave seems made to order for Clayton & Dubilier Inc. A maj
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
Tokyo Stocks Soar To All-Time HighStocks soared to a record high on record volume Friday, as
COST OF CREDIT
JOC Staff |
Friday, March 27, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INDIVIDUALS FLEE STOCK MARKET
Journal of Commerce Staff |
The household sector was a big seller of stocks last year, despite themarket's sharp rally, accordin
FARM TRADE IS TOP PRIORITY FOR USDA SECRETARY LYNG
(By Kim Gazella) |
The following is an exerpt of an interview with U.S. Department of Agriculture Secretary Richard Lyn
CME OUTLINES PLAN TO STEM TRADING ABUSES
(Ap) |
The Chicago Mercantile Exchange has proposed a ban on dual-trading by some floor brokers and fines u
COFFEE CONSUMPTION RISES IN GERMANY
Knight-Ridder Financial |
West German coffee consumption rose 2 percent in 1986, West German Coffee Association head Frieder R
COMMODITY BRIEFS
From Wire and Staff Reports |
Broker Permit Plan Set For Corn Syrup FuturesThe Minneapolis Grain Exchange will allow trade
JAPAN MAY APPEAL TO GATT ON CHIPS
(Ap) |
The Japanese government may appeal to the General Agreement on Tariffs and Trade if the United State
Maritime
SPOT PRODUCT PRICES
JOC Staff |
March 27, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
PICKENS SAYS SAUDIS WILL HOLD $18 PRICE
(Ap) |
Texas oil man T. Boone Pickens predicted Thursday that Saudi Arabia will be able to keep oil at $18
PAPUA NEW GUINEA SEEN EXPORTING OIL
Knight-Ridder Financial |
Papua New Guinea has the capacity to produce 100,000 barrels of oil a day by 1991, a former oil advi
OIL SPILL HITS CZECHOSLOVAKIA
(Ap) |
Some 13,000 gallons of motor oil escaped last week from a pipeline of a company in Southern Moravia
SIGNS INDICATE OPEC WINNING OIL PRICE BATTLE
Bruce Barnard |
The rally in North Sea oil prices continued with Brent crude ending the week at $18.35 a barrel for
NOBLE FINDS GAS IN GULF
Journal of Commerce Staff |
Noble Affiliates Inc. made a significant natural gas discovery on Ship Shoal 80, about 10 miles offs
ISRAEL SEEN FACING OIL PRICE PARADOX
Journal of Commerce Special |
Israel is facing a paradox. Whatever happens to the price of crude oil, up or down, the results won'
KENYA'S OIL SEARCH ENTERS CRUCIAL PERIOD
Howard Schissel |
The oil search in Kenya is moving into a decisive period in 1987 as this East African state seeks to
IMPACT OF UTILITY POLICY ACT EYED
Journal of Commerce Staff |
The wholesale electricity purchases that utilities must make under federal law should be competitive
ENERGY BRIEFS
From Wire and Staff Reports |
West Resources Announces DiscoveryNOWATA, Okla. - West Resources Ltd. announced discovery of
AMOCO CHAIRMAN ANTICIPATES BETTER TIMES FOR OIL INDUSTRY
Journal of Commerce Staff |
There are encouraging signs that the worst times for the U.S. oil industry may be ending, the chairm
UTAH POWER & LIGHT PLANS REDUCTION IN RETAIL RATES
Journal of Commerce Staff |
Utah Power & Light Co. plans to reduce its Utah retail rates by $60 million over seven years in an e
BRAZIL'S PETROBRAS PLANS EQUIPMENT PURCHASES
Journal of Commerce Special |
The Brazilian state oil company, Petrobras, plans to spend between $120 million and $140 million on
PRO-NUCLEAR TRADE GROUPS TO MERGE
Kirby V. Freeman |
Atomic Industrial Forum and the U.S. Committee for Energy Awareness, the two principal pro-nuclear t
ENERGY BRIEFS
From Wire and Staff Reports |
Niagara Mohawk To Sell Roseton StakeSYRACUSE, N.Y. - Niagara Mohawk Power Corp. is planning
CANADA'S QUINTETTE, JAPAN EXTEND TALKS
Brian Lewis |
Discussions between Quintette Coal Ltd. and its Japanese steel mill customers on a reduced price for
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