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GROUP URGES ACTION TO CUT LEGAL COSTS
(Ap) |
A group of businessmen and attorneys is pushing for legislation that would require legal costs in la
WASH. ADOPTS RATING RULE
Bruce Johnson |
Companies proposing to change commercial insurance rates by more than 10 percent a year first must o
METROPOLITAN RE GETS BOOST
C.A. Carpenter |
Metropolitan Reinsurance Co. received a $25 million early birthday presentfrom its parent.
COST OF CREDIT
JOC Staff |
Thursday, Dec. 4, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DEUTSCHE BANK TO EXPAND ABROAD
Jess Lukomski |
Deutsche Bank's plan to take a 98.3 percent stake in Milan-based Banca d'America e d'Italia, the Ita
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
BASF COMPLETES UNIT EXPANSION FIRM STARTS UP ADDITION TO BUTANEDIOL PLANT IN LA.
Journal of Commerce Staff |
Strategic expansion and diversification in acetylene chemicals continues at BASF Corp., according to
FINANCIAL BRIEFS
From Wire and Staff Reports |
South Africa Transfers Reserves Out of USSouth Africa recently transferred $5 billion worth
MONSANTO TO EXPAND ALKYLBENZENE UNIT
Journal of Commerce Staff |
Monsanto Chemical Co. said construction will begin within several months on a 50-million-pound expan
FARMERS LEARN HOW TO DIVERSIFY
(Ap) |
Thousands of farmers fed up with slumping markets for traditional crops packed conference rooms here
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LONDON'S TRADERS LOVE THEIR SCREENS
Janet Porter |
Technical problems which have dogged London's securities markets the past few weeks have failed to d
JAPANESE INSURERS WON'T DUMP US BONDS
Knight-Ridder Financial |
Japanese insurance companies are not likely to simply liquidate large-scale securities and currency
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MARKET DIGESTS TUESDAY GAINS
RIPLEY WATSON Jr. |
The stock market continued on Thursday the laborious process of digesting its big gains of Tuesday,
BAXTER TRAVENOL TO ELIMINATE 5,000 JOBS IN EFFICIENCY MOVE
Journal of Commerce Staff |
Baxter Travenol Laboratories announced that it will eliminate an estimated 5,000 positions over the
ENERGY BRIEFS
From Wire and Staff Reports |
N.H. Delegation Opposes Smaller Planning ZoneCONCORD, N.H. - New Hampshire's four-member con
ORE. POWER PLANT TO BURN WOOD
Journal of Commerce Staff |
Bonneville Pacific Corp. signed a joint venture agreement with Western States Cogeneration to develo
LARGER ORDER FROM EUROPE BRINGS BIG RISE IN DOLLAR
Knight-Ridder Financial |
The U.S. dollar moved sharply higher Thursday in response to a large European order to buy dollars a
EASTMAN TO INCREASE MONOGLYCERIDES OUTPUT
Journal of Commerce Staff |
Eastman Chemicals Division of Eastman Kodak Co. announced plans to expand production of distilled mo
S. KOREA EYES US COAL
Tim Sansbury |
Purchases of U.S. anthracite by the South Korean government are expected to reach about 800,000 metr
N. KOREA REFUTES CHARGES OVER DAM
(Ap) |
North Korea defended its construction plans for a dam north of the demilitarized zone, saying South
INDIA FACES SUPPLY-DEMAND MISMATCH
Trevor Drieberg |
A serious supply-demand mismatch is developing in the Indian coal industry. If the situation
DAMAGE DELAYS OYSTER CREEK RESTART
(Ap) |
Oyster Creek nuclear power plant officials have postponed putting the generating station back on lin
INDONESIA PREDICTS JUMP IN COAL USE
P.T. Bangsberg |
Coal consumption by Indonesia's power plants will hit 5 million tons by 1990 and 8 million in 1995,
DOW OVERHAULS GLYCERINE PLANT
Journal of Commerce Staff |
A major synthetic glycerine plant modernization by Dow Chemical Co. nearing completion in Freeport,
CHEMICAL MARKETS
Journal of Commerce Staff |
Olin Hikes Caustic Soda,Chlorine PricesOlin Corp. increased its off-list prices of c
SAN ONOFRE STAFF PROBES TAMPERING
(Ap) |
Staff at the San Onofre nuclear plant are investigating two incidents of equipment tampering at the
PFIZER, ANGIOMEDICS SET MERGER ACCORD
Journal of Commerce Staff |
Pfizer Inc. announced that on Nov. 30, 1986, it entered into a merger agreement with Angiomedics Inc
OFFICIALS SAY TMI 2 WILL GO INTO STORAGE
(Ap) |
The damaged Three Mile Island Unit 2 nuclear reactor will be put in storage indefinitely after a $1
N. ATLANTIC STILL FACES PROBLEMS OFFICIAL SAYS USL EXIT WILL HELP CARRIERS, BUT ONLY TEMPORARILY
Simon Cameron Moore |
The departure of United States Lines from the North Atlantic will provide only a temporary respite f
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Resins ProducersSpecializeSTAMFORD, Conn. - Major producers of engineering resins, s
MARITIME CALENDAR
JOC Staff |
The Society of Port Engineers New York. Dinner meeting in conjunction with the Institute of Marine E
Maritime
JPA TO IMPROVE BLOUNT ISLAND
Craig Dunlap |
The Jacksonville Port Authority has pared down its $104 million wish list to a $25 million capital e
Maritime
STERLING ACQUIRES SCHWARZHAUPT LINE
Journal of Commerce Staff |
Sterling Drug Inc. acquired substantially all of the prescription pharmaceutical line of products fr
MERCHANT MARINE PANEL SETS UP SHOP
Journal of Commerce Staff |
The Commission on Merchant Marine and Defense finally is in business. After 18 months of del
Maritime
EXON EXPECTS LITTLE AID FOR MERCHANT FLEET
Journal of Commerce Staff |
Sen. J. James Exon, D-Neb., sees little chance of any massive infusion of government funds to revive
Maritime
NEW SHIP TO OPERATE FOR ANL
Vincent W. Stove |
Australian National Line has added a containership, the Australian Advance, that has as much capacit
Maritime
GREEK SHIPPERS WARN OF DISASTER YUGOSLAV BOTTLENECK THREATENS TO SLOW FREIGHT AND AID RIVALS
Victor Walker |
Two of Greece's main business groups have warned the Socialist government that this country's export
Maritime
TRANS-HUDSON FERRY TAKES TO WAVES AGAIN
(Ap) |
After an absence of nearly 30 years, trans-Hudson ferry service has been revived between this river
Maritime
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