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SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TENNECO UNIT OPENS UK OFFICE
Journal of Commerce Staff |
Tenneco United Co., a general trading and marketing unit of Tenneco Inc. of Houston, Texas, has open
CALIFORNIA LAWMAKER DIES BEFORE HER BILL IS INTRODUCED
Journal of Commerce Staff |
A California congresswoman who sought to create a seaport park to preserve historic ships died the n
Maritime
BERRY, NORRIS BOARDS APPROVE MERGER PLANS
Journal of Commerce Staff |
The boards of Berry Petroleum Co. and Norris Oil Co. unanimously approved a resolution authorizing m
NJ NUCLEAR PLANT PUTS OUT THE WELCOME MAT
(Ap) |
The Oyster Creek nuclear generating station might not have quite the aura of a national monument, bu
NAVY OPTS FOR QUICK REPAIRS PACIFIC FLEET'S BIG JOBS FINISHED BUDGET CUTS EXPECTED
John Davies |
The Navy's Pacific Fleet intends to phase out long, expensive ship overhauls in favor of quicker, ch
PATRICK, BAYOU AGREE TO MERGE
Journal of Commerce Staff |
Patrick Petroleum Co. and Bayou Resources Inc. agreed to a merger, in which Bayou will become a subs
ROTTERDAM DOCK UNREST SPREADS
Simon Cameron Moore |
Weekend stoppages at Europe Container Terminus, Rotterdam's largest container handler, fueled fears
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
US Exports of Lumber To Japan Could RiseExports of U.S. forest products to Japan could incre
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Tanker Blast Kills One, Injures Three SeriouslyLE HAVRE, France - A crewman was killed and e
Maritime
INTEL SURGE MAY SIGNAL TURNAROUND FOR CHIPS
Christopher H. Schmitt |
In a report that could signal the semiconductor industry's long-awaited pickup, Intel Corp. of Santa
Maritime
GOLD OUTPUT SHINES IN CHINA
P.T. Bangsberg |
Output of gold from China was up 14 percent last year on 1985, with a much larger contribution from
Maritime
US PANEL EXAMINING SAFETY OF LIGHT TRUCKS
(Ap) |
The federal government is considering whether it should extend automobile safety standards to light
STEVEDORES STRIKE IN PORT OF GENOA
Thomas Taylor |
Stevedores here struck Friday two days after they agreed to follow the new work rules imposed for lo
Maritime
MOVERS GET 15 PERCENT RATE HIKE
Maureen Robb |
The California Public Utilities Commission approved a 15 percent rate increase for truckers that mov
Maritime
HEARING TO FOCUS ON CGL POLICY
Journal of Commerce Staff |
The New York State Department of Insurance plans a public hearing Feb. 20 on proposed amendments to
LAURENTIAN OPENS CENTER IN CANADA
Leo Ryan |
The Laurentian Group Monday officially opened the first integrated financial services center in Cana
VIRGINIA COUPLE NURSES VENTURE
Carl Cahill |
In 1984, Janet and Charles Collins flew to Lisbon, rented a car and drove 11,000 kilometers through
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Turkish Leader in US ISTANBUL, Turkey - Premier Turgut Ozal flew to the United States Monday
Maritime
FRENCH SLIP BACK INTO RED IN '86 TRADE WITH THE US
Howard Schissel |
After a slight trade surplus in 1985, France's trade balance with the United States was once again i
Maritime
IRISH COMPANY TO BUY CONTAINER CORP. UNITS
Journal of Commerce Staff |
Jefferson Smurfit Group PLC, one of Europe's largest packaging manufacturers, said it will acquire s
Maritime
NORWEGIANS WORRIED BY DROP IN CERTAIN EXPORTS TO SWEDEN
Bob Wesenberg |
The value of exports of Norwegian manufactured goods to Sweden declined by 10 percent in 1986. Accor
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Sakharov Invited MOSCOW - Dissident physicist Andrei Sakharov has been invited to take part
Maritime
US EXPANDS TIES WITH IVORY COAST
Howard Schissel |
U.S. business ties with Ivory Coast, a prosperous West African state of some 10 million inhabitants,
Maritime
WALLS BETWEEN BANKING, SECURITIES BEING CHIPPED AWAY
Sherie Winston |
The barriers separating traditional banking and securities activities are being chipped away and ind
JUSTICE WANTS SOME BELL RESTRICTIONS LIFTED
(Ap) |
The Justice Department asked a federal judge to lift restrictions that have prevented the seven regi
THE ECONOMY
From Wire and Staff Reports |
Construction Spending FellIn DecemberConstruction spending dropped 0.5 percent in De
SOUTH KOREANS MOVE TO COUNTER US PROTECTIONISM
P.T. Bangsberg |
As protectionist threats gain force, the South Korean authorities appear to be moving more rapidly t
VOLCKER: DOLLAR AT A RISKY LEVEL
John Boyd |
The U.S. dollar's value has reached a point at which further declines could quickly push import pric
ON THE MOVE
Staff Report |
Rolls-Royce Names MosherA DirectorLYNDHURST, N.J. - Howard I. Mosher, vice president
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Marketers pay more attention to packaging. Page 2AConstruction spending droppe
PACKAGE DESIGN DRAWS MARKETERS' EYE
(Ap) |
Breyers had long been a leader in premium ice cream in the Northeast, but its packaging drew so many
SPOT PRODUCT PRICES
JOC Staff |
February 2, 1987 U.S. spot oil products price indications, sellers range, in cents per gallo
PLASTICS CORNER
Journal of Commerce Staff |
Huntsman, GE AnnounceJoint VentureHuntsman Chemical Corp. announced that a new joint
JOINT VENTURE TO DEVELOP SWEETENER
Journal of Commerce Staff |
Montedison SpA and Ferruzzi Group, both of Italy, and Biospherics Inc., of Rockville, Md., announced
ENERGY BRIEFS
From Wire and Staff Reports |
NRC Finds Violations At Nine Mile Point 1SYRACUSE, N.Y. - The federal Nuclear Regulatory Com
CHEMICAL MARKETS
Journal of Commerce Staff |
Shell, Exxon Hike PricesFor BenzeneBenzene contract prices are reported to have move
CARBIDE UNIT SIGNS MONSANTO CONTRACT
Journal of Commerce Staff |
Union Carbide Corp.'s Linde division signed a contract to upgrade Monsanto Corp.'s nitrogen plant in
GYNEX WINS FDA APPROVAL FOR GENERIC CONTRACEPTIVES
Journal of Commerce Staff |
Gynex Inc. secured Food and Drug Administration approval of two new generic oral contraceptives deve
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