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FIVE INDICTED IN LIBYA TRADE VIOLATION
(Ap) |
Two Americans and three businessmen from Scotland are the first to be indicted in the violation of a
Maritime
JAPANESE FIRMS INVEST $9 BILLION IN US INTERESTS
A.E. Cullison |
Japanese corporations invested more than $9 billion in U.S. businesses, manufacturing plants and rea
THE ECONOMY BUILDING CONTRACTS HIT RECORD
From Wire and Staff Reports |
Construction contracting increased 5 percent in 1986 to a record $243.3 billion, according to a stud
NEWS SUMMARY
JOC Staff |
GENERAL NEWSConstruction contracting increased 5 percent in 1986 to a record $243.3 billion,
MONETARY SYSTEM STUDIED WESTERN EUROPEANS HOPED FOR REGIONAL STABILITY
(Ap) |
Western Europe's system of target zones" for keeping different currencies in line with one another h
Maritime
REAGAN AGENDA GETS PARTISAN REACTION
John Boyd |
The broad range of proposals recommended by President Reagan to boost the U.S. economy met with a pa
INDUSTRY EYES GENERAL RE SHIFT OBSERVERS PONDER CEO CHANGE FROM MUNSON TO FERGUSON
C.A. Carpenter |
Investors and insurance companies are waiting to see if Ronald EugeneFerguson will be able to show t
BANKING LOOPHOLES TARGETED
Leah R. Young |
A bipartisan drive is under way in the Senate Banking Committee to close several loopholes in bankin
WORLD TODAY
From Wire and Staff Reports |
Lebanese Travel Curbs WASHINGTON - The State Department announced restrictions on travel to
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US, EC CLOSE TO AGREEMENT ON SPANISH GRAINS DISPUTE
Janet Porter |
The United States and the European Community appeared close to an agreement averting a potential tr
MARPOL SEEN PREREQUISITE TO POLLUTION SOLUTION
Journal of Commerce Staff |
Special measures to reduce oil pollution in the Mideast and Persian Gulf cannot be introduced until
Maritime
NERVOUS MARKET SEESAWS ON FEAR OF BIG DROP
RIPLEY WATSON Jr. |
An uncertain stock market moved nervously up and down Wednesday as analysts looked over their collec
FINANCIAL BRIEFS
Wire and Staff Reports |
Foreign US Debt Buying Put at $46.5 BillionPurchases of federal debt by foreign residents ro
TOLEDO CARGO-HANDLING DIPS
Andrea Chancellor |
Increases in coal and iron ore shipments through the port of Toledo in 1986 helped offset sluggish g
Maritime
EARNINGS
JOC Staff |
Sales Net Income Per ShareCompany Period Latest Prior
SPOT PRODUCT PRICES
JOC Staff |
January 28, 1987 U.S. spot oil products price indications, sellers range, in cents per gallo
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
TEXACO'S INCOME DECLINES SHARPLY
Journal of Commerce Staff |
Texaco Inc. reported fourth quarter net income of $50 million, or 21 cents a share, down from $307 m
US FIRM ABANDONS TAIWAN PLANT
(Ap) |
Officials of a Houston-based manufacturing firm announced they were abandoning a plant in Taiwan in
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
San Francisco Fed Chief Issues Inflation WarningThe president of the Federal Reserve Bank of
Maritime
NEWS SUMMARY.
JOC Staff |
GENERAL NEWSConstruction contracting increased 5 percent in 1986 to a record $243.3 billion,
S. KOREA OPENS DOORS FOR FOREIGN CIGARETTES
(Ap) |
The government has decided to double the number of authorized foreign cigarette retail shops to 1,00
Maritime
JAPAN'S BANKS TOPS IN GLOBAL MARKET
(Ap) |
Japanese banks have replaced U.S. banks as the most important national group in the sharply expandin
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Singapore Economy Expected to Grow in '87Singapore's economy is expected to grow by between
Maritime
US FIRM ABANDONS TAIWAN PLANT
(Ap) |
Officials of a Houston-based manufacturing firm announced they were abandoning a plant in Taiwan in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Agency Will Resume Cruise Ship InspectionsThe Center for Prevention Services of the federal
Maritime
CHIP MAKERS TOLD TO FIND NICHE
Christopher H. Schmitt |
U.S. computer chip makers can survive and prosper against powerful Japanese competition if they care
Maritime
JAPAN'S BANKS TOP THOSE OF US IN GLOBAL MART
(Ap) |
Japanese banks have replaced U.S. banks as the most important national group in the sharply expandin
Maritime
CHINESE CONFIRM REPORTS OF HIGHER GRAIN IMPORTS
Knight-Ridder Financial |
Senior Chinese agriculture officials attending a ministerial-level re search seminar here on wheat a
BASE METAL PRICES FORECAST TO RISE
Knight-Ridder Financial |
Base metal prices will rise marginally this year, Market and Industry Analyst Metals and Minerals Re
US WHEAT OFFER WON'T HURT CANADA, MINISTER CLAIMS
Knight-Ridder Financial |
The U.S. decision to target China for 1 million metric tons of wheat under the U.S. export bonus pro
BRAZIL SETS SUGAR SALE FORECAST
Knight-Ridder Financial |
Brazilian sugar exports in fiscal 1987-88 are expected to total 1 million metric tons, said an offi
CME S&P 500 MARGIN HIKED
Knight-Ridder Financial |
The Board of Governors of the Chicago Mercantile Exchange voted to increasemargins for S&P 5
TRADE WAR WOULD HIT SHIP LINES
Rose A. Horowitz |
Sea-Land Service, Farrell Lines, Hapag-Lloyd and Trans Freight Line are among the shipping lines tha
Maritime
COTTON COUNCIL PANEL APPROVES RULE CHANGES
Knight-Ridder Financial |
The National Cotton Council delegate body passed a range of resolutions dealing with the cotton prog
USDA CHIEF HAILS COTTON PROGRAM
Knight-Ridder Financial |
The head of the U.S. Department of Agriculture called the cotton program one of the "outstanding suc
SRI LANKA CUTS TEA FREIGHT FEES
(Ap) |
The Sri Lankan government reduced freight charges on tea exports to Australia and Pakistan, a statem
Maritime
NAVY CANCELS PORT VISITS FOR NIMITZ, SUPPORT SHIPS
(Ap) |
The U.S. Navy has canceled port calls for the nuclear-powered aircraft carrier Nimitz and its suppor
Maritime
PEX BOOSTS REEFER CAPACITY TO ACCOMMODATE MARKET GROWTH
Maureen Robb |
To serve a growing market for refrigerated containers, Pacific Europe Express replaced one of its sh
Maritime
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