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NEWS SUMMARY
JOC Staff |
GENERAL NEWS Merrill Lynch economists warned that improvement in the U.S. trade deficit is a
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
ADMINISTRATION BUDGETS are automatically considered dead on arrival these days. Such judgments are t
MINING COMPANY SEEKS NEW ALUMINA PARTNER
James Bruce |
Brazil's CVRD state mining company is looking for a new partner to replace Japan's Nippon Amazon Alu
Maritime
THE ECONOMY
JOC Staff |
Late Rush Profits Retailers A last-minute rush by procrastinating Christmas shoppers turned
LDC OVERSPENDING LAID TO IGNORANCE
(Ap) |
Government officials of some less developed countries spend wastefullybecause of sheer ignor
BRAZILIAN INFLATION MAY RISE
James Bruce |
Record increases in interest rates plus industry and labor demands threaten a new round of spiraling
Maritime
ARGENTINE MILITARY CLOUDS PETROCHEMICAL ASSETS SALE
Jeremy Morgan |
Government plans to sell off state assets in Argentina's petrochemicals industry are overshadowed by
Maritime
ON THE MOVE
Staff Report |
R. Lawless Named ChiefOf CN RailRonald Lawless, president of Canadian National Railw
TRADE SURPLUS RISES IN CHILE
Knight-Ridder Financial |
Chile's January-November 1986 trade surplus rose to US$981.7 million, up from $756.1 million in the
Maritime
BRITAIN PORTRAYED AS TWO NATIONS
(Ap) |
Official figures published this week portrayed a Britain divided into two nations: an affluent south
Maritime
PENTAGON TASK FORCE TO PROPOSE CHIP-AID PLAN
(Ap) |
The U.S. semiconductor industry has been devastated by Japanese competition and may need government
Maritime
US, EC MIRED IN DISPUTE TRADE OFFICIAL SEES LITTLE CHANCE OF RECONCILIATION
(Ap) |
The European Community's chief trade official said he saw no more than a 40 percent chance of avoidi
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Storage Sites Closed BASEL, Switzerland - Swiss chemical manufacturer Ciba-Geigy A.G. said T
Maritime
BA CAN CUT BACK OVERSEAS OFFERING
Edwin Unsworth |
The proportion of British Airways equity to be sold abroad when the airline is privatized beginning
EMERY AIR SHIPMENTS RISE 14 PERCENT
Journal of Commerce Staff |
Emery Air Freight reports that December 1986 shipments rose 14 percent and weight increased 20 perce
DHL, SINOTRANS SET JOINT VENTURE
Journal of Commerce Staff |
DHL International Ltd. said it signed an agreement with the China Foreign Transportation Corp. - Sin
FOREIGN VISITS
From Wire and Staff Reports |
US Envoy in Israel AMMAN, Jordan - U.S. envoy Richard Murphy left Thursday for Israel, the s
Maritime
WEST GERMANY POSTS DEFICIT IN PAYMENTS
Knight-Ridder Financial |
West Germany's balance of payments showed a deficit of 3.765 billion deutsche marks in November, acc
Maritime
JAPAN LINE SETS PLANS FOR AIR CARGO UNIT
A.E. Cullison |
A wholly owned air cargo subsidiary soon will be established by Japan Line Ltd., executives of that
TNT STILL SEEKS AIRBORNE AUSTRALIAN GROUP REJECTS STANDSTILL AGREEMENT
Larry Sterne |
TNT Ltd., the Australian transportation conglomerate, made it clear in a filing with the Securities
SMALL-PLANE PILOTS OPPOSE FAA PLANS
James R. Carroll |
The head of the nation's small plane pilots association said several of the Federal Aviation Adminis
FIRST CLASS EXTRAS LURE BUSINESS CUSTOMERS
Christopher Lofting |
Just how could a business traveler possibly take the successor to the ill- fated Laker Airways serio
EXXON CHEMICAL STARTS UP HYDROGENATED RESINS PLANT
JOC Staff |
Exxon Chemical announced the on-schedule start-up of an additional plant manufacturing Escorez 5000
BRISTOL-MYERS TO MARKET ORAL LUNG CANCER DRUG
Journal of Commerce Staff |
Bristol-Myers Co. announced that the Food and Drug Administration has released for marketing a new o
PLASTICS CORNER
Journal of Commerce Staff |
Growth Seen In Hot-FillPackagingIn the next ten years, hot-fill and retort packaging
SOLVENTS: PLAYING BY THE RULES
Journal of Commerce Staff |
It's a question of survival for many products in the U.S. organic solvents market - and survival mea
BANNER YEAR FOR FIBERS AT MONSANTO
Journal of Commerce Special |
Last year was a banner one for Monsanto Co.'s Fibers Division. Earl N. Brasfield, group vice
STERLING DRUG ACQUIRES WOODROOF LABORATORIES
Journal of Commerce Staff |
Sterling Drug Inc. acquired Woodroof Laboratories, a Santa Ana, Calif., producer and marketer of a p
INSURANCE BRIEFS
From Wire and Staff Reports |
AIG Liability Cover $1 Million for HotelAmerican International Group confirmed that its memb
UNOCAL CANADA TO ACQUIRE SHERRITT FERTILIZER SHARE
Journal of Commerce Staff |
Unocal Canada Ltd., a subsidiary of Unocal Corp. and Sherritt Gordon Mines Ltd., Toronto, said that
BIW STILL HOPES TO RUN NY YARD DEAL TO OPERATE BROOKLYN UNIT HINGES ON HOMEPORT DESIGNATION
James Nolan |
Bath Iron Works is still very much in the market to operate the Brooklyn Navy Yard, the Bath, Maine,
Maritime
SULFUR STOCKPILE SOLD TOO SOON? CANADIAN ECONOMIST SEES MORE DEMAND, LESS SUPPLY
Journal of Commerce Special |
A Vancouver economist claims that the western Canadian oil and gas industry may have sold off a hug
CANADIANS SAY US BUDGET FOR ACID RAIN INADEQUATE
(Ap) |
President Reagan's failure to budget adequate new funds for the fight against acid rain has upset th
MEXICAN OIL SALES DOWN NEARLY 60 PERCENT MOST OF COUNTRY'S EXPORTS TAKEN BY UNITED STATES
(Ap) |
Mexico's oil sales fell nearly 60 percent during the first eight months of 1986 compared with the sa
COLLECTING FROM BOESKY COULD BE DIFFICULT
(Ap) |
An attorney for a firm that has sued Ivan F. Boesky says he has been told the former stock speculato
ENERGY BRIEFS
From Wire and Staff Reports |
NJ Governor Backs Proposal on Gas TaxTRENTON, N.J. - Transportation Commissioner Hazel Gluck
COLUMBIA GAS PROJECTS 20 PERCENT HIKE IN CAPITAL OUTLAY
Journal of Commerce Staff |
Directors of the Columbia Gas System Inc. have approved a $300 million 1987 capital budget, said Joh
COST OF CREDIT
JOC Staff |
Thursday, January 8, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SPOT PRODUCT PRICES
JOC Staff |
January 8, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon
EMS SHIFTS SEEN UNAVOIDABLE
Jess Lukomski |
A revaluation of the deutsche mark of at least 3 percent against all currencies linked in the Europe
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