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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
RESTRUCTURING BOOSTS CHEMICALS
Al Wyss |
Chemical companies are beginning to reap the benefits of plant shutdowns, divestments and other rest
COST OF CREDIT
JOC Staff |
Thursday, September 25, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanad
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PANAMA FOLLOWS LIBERIA IN CUTTING REGISTRY FEES
Journal of Commerce Staff |
The price war between flags of convenience has intensified with Panama slashing its registration fee
Maritime
US, JAPAN TO DISCUSS SHIPPING TODAY'S MEETING ADDRESSES PROBLEMS IN PACIFIC TRADE
A.E. Cullison |
Government officials from the United States and Japan plan to exchange views on trans-Pacific shipp
Maritime
JAPANESE YARDS AWAIT FIRST '86 TANKER ORDER
Journal of Commerce Staff |
Japanese shipyards have not received a single order for a large tanker so far this year, according t
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
1986 Cocoa Agreement Is Signed by NigeriaNigeria Wednesday signed the 1986 International Coc
MARITIME CALENDAR
JOC Staff |
American Association of Port Authorities. 75th annual convention. Sept. 28 to Oct. 2 at Omni Interna
Maritime
WHEAT COUNCIL SEES RISE IN GLOBAL PRODUCTION
Knight-Ridder Financial |
The International Wheat Council estimated 1986-87 world wheat production at 511 million metric tons,
COFFEE COUNCIL AGREES TO TRIGGER PRICE
Knight-Ridder Financial |
The International Coffee Organization has agreed on a trigger price of 145 U.S. cents a pound to for
ARGENTINA EXPORTED LESS GRAIN IN AUGUST
Knight-Ridder Financial |
Argentina exported 1,848,745 metric tons of grain, oilseeds and grain subproducts in August, down fr
UK MINISTER UNVEILS PLAN TO CUT EC GRAIN SURPLUS
(Ap) |
Britain will propose next week that the European Community take about 7.5 million acres (3 million
SOVIET GRAIN IMPORT ESTIMATE UNCHANGED
Knight-Ridder Financial |
The U.S.S.R. is expected to import 35 million metric tons of grain in 1986-87, but imports could be
$4.8 MILLION IN CROPS DESTROYED BY PESTS
Knight-Ridder Financial |
Grasshoppers, rats, worms and other pests have destroyed crops in Nigeria worth more than $4.85 mill
KOREA SHIPPING CORP. FIGURES IN NEW COMPLAINT TO FMC
Journal of Commerce Staff |
For the second time in less than a week, Korea Shipping Corp. was the subject of a complaint to the
Maritime
MIDWEST FACTORIES IN THROES OF CHANGE
JOC Staff |
For decades, the southeast side of Chicago was one of the nation's leading manufacturing centers. No
SENATE DEFEATS AMENDMENT ON CATTLE FUTURES TRADING
Knight-Ridder Financial |
The Senate voted 71-26 to defeat an amendment to the Commodity Futures Trading Commission reauthoriz
BROKER GETS SENTENCE OF 18-MONTHS
Journal of Commerce Special |
The former head of Hong Kong's Commodity Exchange, Peter Scales, was jailed for 18 months after admi
Maritime
WATERWAYS CHIEF BIDS CAUTION ON USER FEES
Joseph Bonney |
The nation's inland waterways have ridden a cycle of boom and bust and need to regain their equilibr
Maritime
CARIBBEAN LOOKS TO ASIA FAR EAST FIRMS RESPOND TO CALLS FOR INVESTMENT
P.T. Bangsberg |
Caribbean countries are turning more and more to investment from Asia to stimulate their economies.<
Maritime
SOME ALL-WATER SERVICE PREFERRED ON W. COAST
Bill Mongelluzzo |
Minibridge service may dominate in the trans-Pacific trades, but all-water service is still the pref
Maritime
CARIBBEAN COUNTRIES LOOK TO ASIA
P.T. Bangsberg |
Caribbean countries are turning more and more to investment from Asia to stimulate their economies.<
Maritime
EGYPT'S AUSTERITY PROGRAM HITS RICH AND POOR
(Ap) |
For the first time in recent memory, a financial austerity program is making all Egyptians - from th
Maritime
PRINCETON FERRY MAY RESUME SERVICE
(Ap) |
There's hope on both sides of the Sacramento River at a point about 110 air miles northeast of San F
Maritime
TVA BUYING COAL ON SPOT MARKET
Journal of Commerce Staff |
The Tennessee Valley Authority said it will buy spot coal for the rest of September for the Widows C
PLANT PULLED FROM RATE BASE
Journal of Commerce Staff |
Public Service Co. of Colorado will remove its Fort St. Vrain nuclear stationfrom its rate b
CALIFORNIA PUSHES PRUNES INDUSTRY TOUTS FRUIT AS HIGH-FIBER HEALTH FOOD
(Ap) |
It would be hard to promote prunes as the most romantic or sexy fruit around,wrinkled and pu
Maritime
JONES-BLACK PACT WITH NIAGARA SET
Journal of Commerce Staff |
Jones-Black River Service Inc. will sell the electric output of its 49.9 megawatt coal-fired plant t
CYPRUS MINERALS SIGNS PACT TO DELIVER COAL TO UTAH UTILITY
Andrea Chancellor |
Cyprus Minerals Co. signed a contract to deliver 17 million tons of coal to the Intermountain Power
UK BACKS SOFT LOANS FOR CHINA
Jasper Becker |
British export projects to China will be given a boost through rare soft-loan facilities supplied by
HUGE DANUBE POWER PROJECT ANGERS SOME HUNGARIANS
(Ap) |
Hungarian environmentalists opposing a mammoth power project they say will cause lasting damage to a
COAL INDUSTRY EXPECTS 3-YEAR OFFER FROM EGYPT
Sam Glasser |
The coal industry expects to receive a formal tender soon from the Egyptian government which is look
UTILITIES COMPETE TO UNLOAD POWER
Kirby V. Freeman |
The clout that heavy industrial users of electricity, such as steel, chemicals and aluminum manufact
CUOMO TAPS BRADFORD FOR NY UTILITY POST
JOC Staff |
Gov. Mario Cuomo confirmed that he has selected Peter Bradford, chairman of the Maine Public Servic
UTILITY BUYS STEAM COAL FOR POWER PLANT IN KY.
Tim Sansbury |
American Electric Power Service Corp. bought 300,000 tons of steam coal forKentucky Power C
ENERGY BRIEFS
From Wire and Staff Reports |
Niagara Mohawk Raises Rate-Hike RequestALBANY, N.Y. - Niagara Mohawk Power Corp. increased i
LONDON FOUND TOPS IN BANKING
Janet Porter |
London remains by far the largest international banking center in the world despite the recent growt
Maritime
MEXICANS AWAIT NOD ON LOAN
WILLIAM A. ORME Jr. |
Mexico's $6 billion fresh loan request and proposed $52 billion rescheduling pact should be approved
BANK SETTLES BRAZIL ACTION OUT OF COURT
James Bruce |
Bank of America spokesmen confirmed here and in San Francisco Thursday that the bank reached an out-
Maritime
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