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SPOT PRODUCT PRICES
JOC Staff |
December 31, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
BENIN TO GO IT ALONE IN DEVELOPING SEME FIELD
Journal of Commerce Special |
After a series of unhappy experiences with foreign oil companies, the West African republic of Benin
CARRIERS BATTLE DRUG SMUGGLING STEAMSHIP LINES FACE DIFFICULT TASK TRYING TO PREVENT SHIPMENTS
Craig Dunlap |
The seizure of a record volume of cocaine hidden within two containers brought into the country aboa
Maritime
US GRAIN GROUPS PLEASED WITH ACTION AGAINST EC
Knight-Ridder Financial |
Grains Commodity Groups said they were pleased with the U.S. sanctions against European Community im
LA. PORT OFFICIAL RESIGNS CLULEE CALLS SOLAPORT PROJECT 'FINANCIAL SCAM'
Marie Prat |
The president of the South Louisiana Port Commission resigned Wednesday in protest over a proposed
Maritime
MARITIME CALENDAR
JOC Staff |
Containerization & Intermodal Institute. All-day seminar on the impact of the 1984 Shipping Act on c
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS
Journal of Commerce Staff |
Salicylic Acid Market Seen Stable The market for salicylic acid is reported to be stable.Cry
INSURANCE BRIEFS
From Wire and Staff Reports |
Wash. Insurance Firms Asked to Cut Auto RatesOLYMPIA, Wash. - Washington state's insurance c
DOCTORS WIN ROUND IN MEDICARE SUIT
(Ap) |
A federal judge lifted a New Year's Day deadline for doctors to sign up to participate in Medicare w
AGENTS MULL COMPUTER LEASING OPTIONS
Russ Banham |
To buy or not to buy computer equipment? With software vendors out hawking attractive leasing plans,
SMALL MARKET SEEN FOR MD-11
Gloria Joseph |
A Boeing marketing executive says he has been scratching his head trying to figure out why McDonnell
CHINA TAPS UK JOB MARKET FOR SPECIALIZED WORKERS
(Ap) |
Chinese cities are forging trading links with manufacturing areas in Britain and trying to recruit e
NCA INTERVENES IN VA. SKIRMISH VIRGINIA POWER SEEKS EXEMPTION TO INCREASE GENERATING CAPACITY
Tim Sansbury |
The National Coal Association has engaged Virginia Power in the first major skirmish over a law coal
TANKSHIP PROSPECTS PROMISING
Bob Wesenberg |
The 357,430-deadweight-ton tanker Happy Enterprise, a victim of the Iran-Iraq war, could become the
Maritime
MIDWEST GRAIN PRODUCTS BUYS PILLSBURY FLOUR MILL
Knight-Ridder Financial |
Midwest Grain Products Inc. of Atchison, Kan., announced it had acquired the Pillsbury Co.'s local f
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 31, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MARATHON UNIT OF USX CORP. TO REDEEM NOTES
Journal of Commerce Staff |
USX Corp. said its Marathon Oil Co. unit will call for redemption on March 1 its 12 1/2 percent gua
RECORD US TRADE DEFICIT DAMPENS OUTLOOK FOR '87 HOPES OF LOWER DEFICIT DASHED BY HIGH FIGURE
Richard Lawrence |
A record $19.2 billion merchandise trade deficit in November raised more doubts about a substantiall
ENERGY BRIEFS
From Wire and Staff Reports |
Commission Approves 14 percent PSNH Rate HikeMANCHESTER, N.H. - Public Service of New Hampsh
BORDEN PLANS TO EXPAND RESIN PLANT
Journal of Commerce Staff |
A plant expansion program at Fayetteville, N.C., exceeding $10 million for the production of urea a
OPEC ACCORD FUELS OIL STOCK DEBATE
(Ap) |
The new oil-production accord reached by members of the Organization of Petroleum Exporting Countrie
SEOUL MAY HIKE US IMPORTS
P.T. Bangsberg |
Orange juice, grapefruit and cattle feed are among the agricultural productsfrom the United
Maritime
TVA BUYS COAL FROM KOPPER GLO
Journal of Commerce Staff |
The Tennessee Valley Authority purchased 22,000 tons of coal from Kopper Glo Fuel Inc., Clairfield,
PHILADELPHIA SUBZONES HAVE MIXED SUCCESS
James Asher |
The Ford Electronics and Refrigeration Corp. of Lansdale, Pa., in 1986, saved about $15 million with
MARITIME BRIEFS
From Wire and Staff Reports |
Private Owner Buys Swedish Shipping LineShipowners Nordstrom & Thulin AB of Stockholm have t
Maritime
3 NATIONS LOSING US DUTY-FREE STATUS
Richard Lawrence |
The Reagan administration is expected, in an unprecedented move, to end special duty-free access for
AUSTRALIAN SUBSIDIES ON WHEAT EXPECTED
Knight-Ridder Financial |
The Australian government will probably subsidize wheat exports by about $10 to $15 per metric ton,
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FLA. DOCTORS PROTEST INSURANCE LAW
(Ap) |
Doctors protesting a new malpractice insurance law were scheduled to stop offering their services Ne
AMERICAN EXCESS REACHES $75 MILLION CAPACITY GOAL
Journal of Commerce Staff |
American Excess Insurance Association said its capacity is up almost 50 percent as a result of new s
OLYMPIA TRIES TO DIVERSIFY
Gloria Joseph |
Timber may always be the bread-and-butter commodity at the port of Olympia, but seed used to grow gr
Maritime
ON THE MOVE
Staff Report |
Sen. Bentsen Gets Marine Panel Post WASHINGTON - The merchant marine industry received a
SENATOR LINE TO POST DETAILS OF NEW SERVICE
Simon Cameron Moore |
Senator Line, the West German round-the-world container shipping service scheduled to start up in th
Maritime
APL, LYKES GET SHIPS IN SWAP
Robert F. Morison |
The Maritime Subsidy Board approved a complicated swap of foreign building rights and vessels involv
US STILL WAITING FOR SPENDING SPURT
(Ap) |
If the United States were experiencing a typical period of economic expansion, business spending for
SQUIBB CORP. SELLS CHARLES OF THE RITZ
Journal of Commerce Staff |
Squibb Corp. consummated the sale of the business of Charles of the Ritz Group Ltd., Squibb's fragra
W. GERMAN YARDS GLOOMY ABOUT '87 FURTHER CUTBACKS EXPECTED IN OUTPUT, EMPLOYMENT
Jess Lukomski |
West Germany's shipbuilding industry, shaken by a number of bankruptcies in 1986, is resigned to the
Maritime
DOUGLAS UNVEILS PROGRAM BOARD GIVES GREEN LIGHT TO LAUNCH MD-11
Bill Mongelluzzo |
With 50 firm orders for the MD-11 and options for 42 additional planes, Douglas Aircraft Co. is intr
EXXON CUTS LINKS TO SOUTH AFRICA COMPANY SELLS AFFILIATES TO INDEPENDENT TRUST
(Ap) |
Exxon Corp. announced it had sold its interest in its South African affiliates, joining the exodus o
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