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ENERGY BRIEFS
From Wire and Staff Reports |
US, EC Sign Accord On Nuclear FusionBRUSSELS, Belgium - The European Community Commission si
DOLLAR RISES EXCEPT VS. POUND
Knight-Ridder Financial |
The U.S. dollar rose against all major currencies Monday, except the pound sterling, which firmed on
JAPAN'S REAL GNP SEEN GROWING AT 2.7 PERCENT RATE
Journal of Commerce Special |
Japan's real gross national product will grow 2.7 percent in fiscal 1987, starting April 1, compared
Maritime
OPEC NEWS DEPRESSES AIRLINES
Gordon Platt |
Airline stocks declined Monday amid speculation the Organization of Petroleum Exporting Countries wo
A BUSY CALENDAR FOR AISTO
Gary Taylor |
The Association of Independent Stevedores and Terminal Operators hired an executive director and est
Maritime
BOEING CHRISTMAS IS GREEN WORKERS AT PUGET SOUND PLANTS GET SIZABLE BONUSES
Gloria Joseph |
With a week of shopping days left before Christmas, 115,000 Boeing employees nationwide today are be
DEBT-EQUITY SWAPS A PASSING MEXICAN FANCY
WILLIAM A. ORME Jr. |
Mexico approved nearly $1 billion in debt-for-equity transactions this year and expects to authorize
HONG KONG IMPORTS FROM US REBOUND
P.T. Bangsberg |
Imports from the United States rebounded sharply in October, putting it back in third place as a sup
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSConsumer confidence steadied after declining for a year, the Conference Board sa
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Hart, Gorbachev Meet MOSCOW - U.S. Senator Gary Hart said Soviet leader Mikhail S. Gorbachev
Maritime
BONN RESISTS US PRESSURE GOVERNMENT REFUSES TO STIMULATE ECONOMY
Jess Lukomski |
U.S. Treasury Secretary James A. Baker III's plan to coax West Germany into firing up the country's
Maritime
ZINC, LEAD, COPPER PRICES SEEN STEADY TO LOWER IN '87
Knight-Ridder Financial |
Zinc, lead and copper prices will probably be unchanged to lower next yearbecause a slight i
HOW DEBT SWAPS WORK
Journal of Commerce Special |
Authorized for the first time in Mexico last April, debt swaps work this way: a foreign company buys
ON THE MOVE
-Staff Report |
COAL, UTILITIES GREEN MOUNTAIN POWER CORP. (South Burlington, Vt.) - Thomas Boucher and Step
TOXIC CHEMICAL DELAYS PLANT START-UP
Carl Cahill |
The start-up of a $120 million cogeneration plant that will supply steam and electricity to the U.S.
NJ IS LATEST VICTIM OF LIABILITY CRUNCH
(Ap) |
The state of New Jersey has become the latest victim in the liability insurance crisis with no compa
AIR BAGS GAINING SUPPORT
(Ap) |
Car makers are expected to produce more than 2 million cars with air bags by 1990, auto safety advoc
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SINGAPORE TO OPEN JUNIOR STOCK EXCHANGE
Noel Fletcher |
Local corporations and foreign companies operating here will be able to participate in a junior" sto
BEIJING PLANS TO PURCHASE GE ENGINES
Journal of Commerce Staff |
General Electric Co. and the Beijing Regional Administration of the Civil Aviation Administration of
INDIA, US SIGN TEXTILE ACCORD CONCESSIONS SHARPLY INCREASE INDIAN ACCESS TO US MARKET
Neel Patri |
Textile exports from India to the United States, already rising, are likely to grow even more sharp
Maritime
WORLD BANK'S IDA TO GET MORE FUNDS
Journal of Commerce Staff |
The United States and 30 other countries agreed to a $12.4 billion increase in the resources of the
SNAPPED STEEL CABLE DELAYS BARGE REMOVAL
(Ap) |
A snapped steel cable, which had a breaking point of 384 tons, has caused the latest delay in salvag
Maritime
LIGHT PLANE SHIPMENTS DOWN 10 PERCENT IN NOVEMBER
Tom Webb |
The nation's light plane makers shipped 10 percent fewer airplanes in last month than they did in No
PERU STANDS FIRM ON DEBT
Knight-Ridder Financial |
Peru has no foreseeable intention of renegotiating its debt repayment position with the Internation
Maritime
EVERGREEN A BRIGHT SPOT IN INDUSTRY
William Armbruster |
Its bright green containers are everywhere. It has the largest, most modern fleet of containerships
THAI RICE EXPORT GOAL SET
Knight-Ridder Financial |
Thailand's Commerce Minister Montri Pongpanich set a minimum export target of 1.2 million metric ton
AMTRAK LINE SALE UNLIKELY PLAN CALLED EFFORT TO HIGHLIGHT RAIL'S FINANCES
David M. Cawthorne |
The Reagan administration may find some buyers for Amtrak's Northeast corridor but it appears unlike
OATS GAINING STRENGTH ON CHICAGO EXCHANGES
(Ap) |
As in so many childrens' stories where the runt, the outcast, the ugly duckling comes out on top, th
COMMODITY BRIEFS
From Wire and Staff Reports |
Australian Wheat Board Confirms Sale to EgyptThe Australian Wheat Board sold 2.0 million met
CARGO VOLUME INCREASES AT SAN FRANCISCO PORT
Maureen Robb |
Despite the loss of a major shipping line, the port of San Francisco's cargo was up by 10 percent du
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Chemical IncreasesPricesDow Chemical U.S.A. announced an increase in off-list pr
PLASTICS CORNER
Journal of Commerce Staff |
Thermofil IntroducesProductsThermofil Inc. introduced chemically coupled glass-reinf
SECURITIES THE PRIVATE SECTOR'S FAVORITE US INVESTMENT
JOC Staff |
While corporate takeovers and real estate made up a sizeable block of Japanese investment in the Un
REAL ESTATE OPPORTUNITIES IN US
JOC Staff |
Real estate purchases in the United States represents another arena of investment for the Japanese.
BERMUDA STAR PLANS OFFERING PART OF PROCEEDS TO BE USED TO LEASE, OPERATE THIRD LINER
Chris Dupin |
Bermuda Star Line Inc. is planning a public stock offering to raise between $9.75 million and $12.75
Maritime
VIETNAM RETHINKS POLICIES
(Ap) |
Vietnamese leaders have unleashed a barrage of self-criticism, saying it is time to "purify" the nat
Maritime
COST OF CREDIT
JOC Staff |
Monday, December 15, (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
AVIATION BRIEFS
From Wire and Staff Reports |
NY Air to Discontinue Service to RochesterNew York Air said it will discontinue service to R
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