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COST OF CREDIT
JOC Staff |
Mon., Feb. 23, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
CRUDE PRICES FALL 25 CENTS
Bruce Barnard |
Oil prices fell 25 cents a barrel in Europe Monday following an inconclusive weekend meeting of Pers
JAPANESE TO CUT STEEL WORK FORCE
A.E. Cullison |
Japan's five leading steel companies plan to cut a total of 40,000 employees over the next five year
Maritime
BOARD CITES POSSIBLE VIOLATIONS
(Ap) |
Public Service Electric & Gas Co. may have violated state rules by not properly notifying residents
FMC OPPOSED ON DOCUMENTS
Robert F. Morison |
The Federal Maritime Commission has stirred up stiff opposition with its proposal to tighten up its
Maritime
SAN JUAN'S CRUISE TRAFFIC EXPECTED TO SOAR INTO 1990
Mark Magnier |
With the help of a booming cruise market and an aggressive marketing campaign, San Juan expects to a
Maritime
PHYSICIANS IN TRAINING PREPARE JOB ACTION
(Ap) |
Doctors protesting stalled contract talks with the University of Medicine and Dentistry of New Jerse
DOLLAR MIXED AFTER AGREEMENT
Knight-Ridder Financial |
The U.S. dollar was mixed in relatively quiet trading Monday as the foreign exchange market digested
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Raises Chlorine, Caustic Soda PricesDow Chemical U.S.A. notified customers of a $10-a-to
POL ANTICIPATES TONNAGE GROWTH CARRIER TO BENEFIT FROM LIFTING OF US SANCTIONS AGAINST POLAND
Gregory S. Johnson |
Polish Ocean Lines expects its westbound tonnage to jump 10 percent this year now that a U.S. trade
Maritime
WELLS FARGO HIT JACKPOT WITH ACQUISITION
(Ap) |
In a talk to analysts last fall, Carl Reichardt, Wells Fargo & Co. chairman, shrugged off the rave r
Maritime
BRAZIL'S INDUSTRY WARY OF DEBT MORATORIUM
James Bruce |
Businessmen in Brazil fear the country's temporary suspension of interest payments on international
DANISH PARLIAMENT BACKS ARMS CURBS
Journal of Commerce Staff |
The Danish Folketing (Parliament) voted for restrictions on Danish vessels carrying arms for warring
Maritime
TERRORISM POSES GREATEST THREAT TO CRUISE INDUSTRY, REPORT SAYS
Mark Magnier |
International terrorism is the greatest danger facing the cruise market, according to a report on th
Maritime
CALIFORNIA OPTIMISTIC ON TRADE PICTURE
(Ap) |
Signs of improvement are beginning to appear in California's trade picture, according to policy-make
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Indonesia Steel Mill Put Into OperationCILEGON, Indonesia - Indonesia put into operation Mon
Maritime
PACIFIC HOLDINGS LTD. REPORTS RISE IN PROFITS
P.T. Bangsberg |
A jump of 41 percent in net profit is reported by First Pacific Holdings Ltd., which controls Califo
Maritime
DUTCH MINISTER IN INDONESIA FOR TALKS ON NEW LOANS
(Ap) |
Piet Bukman, Dutch minister for development cooperation, started a series of talks with Indonesian o
Maritime
NEW YORK GEARS UP FOR SMOKING LAW
(Ap) |
As health officials across New York prepare to make the state one of the hardest places in the count
PAN ATLANTIC RE COMPLETES OFFERING
Journal of Commerce Staff |
The successful initial public offering by Pan Atlantic Re Inc. here may suggest a firming for the in
CASH PRICES SINK ON LACK OF DISCIPLINE
Knight-Ridder Financial |
Cash energy prices fell sharply in both New York harbor and the Gulf of Mexico over the last week, f
UPJOHN TO MARKET SANKYO ANTIBIOTIC
Journal of Commerce Staff |
The Upjohn Co. agreed to market Sankyo Co.'s orally active cephalosporin antibiotic, CS-807, in the
NEW ORLEANS CARGO VOLUME RISES
Marie Prat |
Cargo moving over public docks at the port of New Orleans increased in 1986, with significant gains
Maritime
CALIFORNIA TRADE LOOKS PROMISING
(Ap) |
Signs of improvement are beginning to appear in California's tradepicture, according to policy-maker
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Governors Bid Congress Ease Fuel RestrictionsThe six New England governors approved a resolu
TACOMA BOAT MAKING PROGRESS FOURTH QUARTER, 1986 PROFITS GIVE HOPE OF ENDING BANKRUPTCY
Gloria Joseph |
The effort of Tacoma Boatbuilding Co. to emerge from its Chapter 11 proceedings is a struggle much
ICO CONSUMERS UNVEIL FORMULA
Knight-Ridder Financial |
International Coffee Organization consumers proposed a formula for calculating coffee quota shares,
INDIAN ECONOMIC GROWTH IN LINE WITH NATION'S GOALS
(Ap) |
The Indian economy has grown about 5 percent for the second consecutive year, in line with governmen
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Pole Backs Gorbachev WARSAW, Poland - Polish leader Gen. Wojciech Jaruzelski, in a speech pu
Maritime
ISRAEL TALLIES COST OF TIES WITH S. AFRICA
(Ap) |
If Israel were to terminate its relations with South Africa immediately, the Israeli economy would s
Maritime
CHAIRMAN HOPES TO PUT SPARKLE IN THE 'NEW DIAMOND'
Dallas Morning News |
No one expected Diamond Shamrock Corp. to split itself in half, spin off its refining and marketing
CARGO FIRMS BRACE FOR BOSTON TUNNEL
TOM MCNIFF Jr. |
As the prospect of a third tunnel beneath Boston Harbor looms more feasible, air cargo industry offi
CATHAY SERVICE BEGINS TO PICK UP VOLUME
Mark W. Lyon |
A Hong Kong state airline that began flying to San Francisco several months ago says it's starting t
PAN AM MAY SELL NORTHEAST SHUTTLE
(Ap) |
The parent company of Pan American World Airways is considering selling its fledgling Northeast shut
AVIATION BRIEFS
From Wire and Staff Reports |
American, Pilots Reach Tentative AgreementAmerican Airlines said it reached a tentative pact
COMMODITY BTIEFS
From Wire and Staff Reports |
US, Soviets to Hold Grain Pact TalksRepresentatives of the Soviet Union and the United State
INCREASE SEEN IN PRODUCTION OF FATS, OILS
Knight-Ridder Financial |
Total world production of edible soaps, fats and oils this year is expected to rise to nearly 73 mil
US BUSINESS STILL BELIEVES JAPAN UNFAIR
(Ap) |
Although the climate in U.S.-Japan trade relations has improved, some unresolved issues continue to
Maritime
BARNES APPROVES MODERNIZATION
Journal of Commerce Staff |
A $7 million program to modernize automotive valve spring operations at Associated Spring plants in
Maritime
MANAGEMENT GROUP BUYS BARTON BRANDS
Journal of Commerce Staff |
A management group led by Ellis M. Goodman, president and chief executive officer of Chicago-based B
Maritime
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