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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 VISITS
From Wire and Staff Reports |
Ends Peace Shuttle JERUSALEM - U.S. Middle East envoy Richard W. Murphy ended a week-long sh
Maritime
MIXED REACTION GREETS COAL ROYALTY PROPOSALS
Tim Sansbury |
The coal industry isn't going to do a flip-flop celebrating the new royalty payment regulations prop
CDF CHIEF PLANS PRODUCTION CUTS
Howard Schissel |
Bernard Pache, the new managing director of Charbonnages de France, the state coal company, will acc
LILCO FILES SUIT OVER SHOREHAM UTILITY CHARGES CONSPIRACY TO BLOCK OPENING OF PLANT
Journal of Commerce Staff |
Long Island Lighting Co. filed a federal suit challenging the legality of New York state's and Suffo
GOLD INSTITUTE FORECASTS RISE IN WORLD PRODUCTION TO 1989
(Ap) |
World gold production rose 5 percent in 1986 to 50.846 million troy ounces, and will increase every
PLASTICS CORNER
JOC Staff |
Group Launches Fight to SaveThe Paper BagROCHESTER, N.Y. - A local humorist, who for
CHEMICAL MARKETS
Journal of Commerce Staff |
Cyclohexane Consumption,Prices UpThe market for cyclohexane has strengthened due to
AETNA UNIT GAINS ACCESS TO TAIWAN
Alan Herbert |
Aetna International has convinced authorities in Taiwan to grant it an unrestricted license to sell
ENRON UNIT CHANGES NAME TO USI CHEMICALS CO.
Journal of Commerce Staff |
Enron Chemical Co. changed its name to USI Chemicals Co. The name change was a result of the
INSURANCE BRIEFS
From Wire and Staff Reports |
Paralyzed Man Loses Bid for DamagesA federal judge ruled that a man paralyzed in a diving ac
STOCKS RISE FOR NINTH DAY IN ROW
Gordon Platt |
The stock market rose in heavy trading to yet another record Wednesday, paced by surging semiconduct
SAA, CATHAY PACIFIC FORM LINK
Vincent W. Stove |
South African Airways has formed an arrangement with Cathay Pacific Airways to help compensate for
TORT REFORM FUELS DEBATE COMMERCIAL LIABILITY ABANDONMENT THREATENED
James Nolan |
Either society will reform the tort liability system, or major insurance companies will abandon the
F.X. COUGHLIN BUYS BELLY SPACE FEDERAL EXPRESS CONFIRMS THREE-MONTH CONTRACT
Kevin D. Thompson |
Federal Express confirmed it has agreed to sell 1.3 million pounds a week of cargo capacity on its t
TRANSPORT CALENDAR
JOC Staff |
Heavy Duty Manufacturers Association annual conference, Jan. 21-23, Washington, D.C. Contact: HDMA,
SERVICE INDUSTRIES THREATENED
Cristina Lee |
Protectionism is threatening growth in the lucrative international service industries. A rec
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Ansett Prepares to Bid For 49 percent Stake in AustralSYDNEY, Australia - Ansett, the Austra
THIEVES GO FOR GOLD AT FEDERAL EXPRESS
Michael S. Lelyveld |
Three men wearing Halloween masks held up a Federal Express terminal at gunpoint Monday afternoon an
PEOPLE EMPLOYEES LOOK BACK
(Ap) |
With People Express about to fold its wings, some employees of the airline say they'll remember the
ATA REPORT DRAWS FIRE TRUCKERS CLASH ON ECONOMIC REGULATORY ISSUES
Leo Abruzzese |
Conservative and liberal truckers clashed sharply over American Trucking Associations' controversial
NEWS SUMMARY.
JOC Staff |
GENERAL NEWS U.S. consumers were more confident in December than in many months, the Confere
NEED SEEN TO UPDATE CHEMICAL RULES
Leah R. Young |
The federal regulatory structure has not caught up with science in the area of health standards for
FLEX RATING HELD DOOMED TO FAIL
Alan Herbert |
The flex rating system, a modified prior approval plan to permit commercial insurance rates to vary
JAPAN TO PRESS US TO HALT FALL OF DOLLAR
A.E. Cullison |
Tokyo has instructed a high-level official to press Washington for concerted efforts to halt the dol
ILA PROPOSAL WORRIES CANADIAN SHIP INTERESTS
Leo Ryan |
Shippers, shipowners and port employers in eastern Canada are casting an anxious eye at a concerted
BROOKLYN UNION TO BUY GAS FROM ENRON UNIT
Journal of Commerce Staff |
Brooklyn Union Gas Co. signed a long-term contract to purchase gas from the Enron Gas Marketing Inc.
OIL, GAS DRILLING DOWN 38 PERCENT
(Ap) |
Thirty-eight percent fewer oil and gas wells were drilled in the United States in 1986 than in 1985,
BN'S LURE FOR PICKENS SEEN GAS
David M. Cawthorne |
Burlington Northern Inc.'s natural gas reserves are the main reason for Texas oilman T. Boone Picken
ENERGY BRIEFS
From Wire and Staff Reports |
3 Companies Raise Crude Oil PostingsAtlantic Richfield Co. raised its posted purchase price
INSIDE TALK ON ENERGY
Andrea Chancellor |
GOOD NEWS FOR SPOT COAL? Two new coal transportation contracts signed by Oklahoma Gas & Electric Co.
OPEC SUPPORT GROWS EGYPT, ECUADOR TO RESTRICT OIL PRODUCTION
(Ap) |
Efforts to bolster oil prices by the Organization of Petroleum Exporting Countries continue drawing
US EPICURES COULD FIND EC TRADE WAR UNPALATABLE
Rose A. Horowitz |
A picnic basket of favorite foods and wines? Brie cheese, white wine and olives with an endive salad
US WHEAT EXPORT NEWS BEGINNING TO LOOK HOPEFUL
Linda L. Mansur |
Promising export news has emerged in the second half of the 1986-87 U.S. wheat marketing year after
ETHICS SEEN ERODING IN CHARTER MARKET
Journal of Commerce Staff |
The reduced flow of worldwide waterborne trade has been accompanied by an erosion of ethical standar
Maritime
COPPER SMELTER CLOSES
(Ap) |
The aging Phelps Dodge Corp. smelter here wheezed to its last gasps Wednesday in a shutdown that cre
PORTS, RAIL CELEBRATE NEW INTERMODAL YARD
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach and the Southern Pacific Transportation Co. today will unve
Maritime
WORKING VACATION SET FOR QE2
TOM McNIFF Jr. |
The Cunard liner Queen Elizabeth 2 will take a break from its cruise schedule next September to hous
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
OOCL Extends Service To Include New YorkOAKLAND, Calif. - Orient Overseas Container Line sai
Maritime
W. COAST PORTS RACE TO GET ON-DOCK RAILS
Gloria Joseph |
West Coast ports, hustling to secure the exploding business of Japanese knock-down auto parts, are t
Maritime
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