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SLUMP IN DRILLING ACTIVITY WIDENS SCHLUMBERGER LOSSES
Journal of Commerce Staff |
Schlumberger Ltd. reported a loss of $2.18 billion in the fourth quarter, compared to a loss of $373
SPOT PRODUCT PRICES
JOC Team |
February 12, 1987<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
4 US COMPANIES SELL GRAIN TO CHINA
(AP) |
Exporters have sold China about 150,000 metric tons of wheat under a new million-ton subsidy program
BRUNEI BANK PLAN AIMS TO END CRISIS
P.T. BANGSBERG |
A formula to resolve the financial crisis at National Bank of Brunei Bhd. will be put to creditors n
COMMODITY BRIEFS
From Wire and Staff Reports |
CFTC Names Hanbury<br><br> As General CounselThe Commodity Futures Trading Commission named Marshall
PHILIPPINES BUYS AUSTRALIAN CATTLE
Knight-Ridder Financial |
The Philippines has resumed importing Australian cattle after shipments were halted in October 1983,
BASE METAL BOOM ON THE HORIZON
P.T. BANGSBERG |
A boom in demand for many base metals is likely in the next few months, with tin prices rising to ab
TRADING INTO THE NIGHT CBT MEMBERS APPROVE PLAN FOR EVENING SESSION
LAURIE A. MORSE |
The membership of the Chicago Board of Trade approved by more than a 2-to-1 margin the exchange's pl
GRAIN SUBSIDY ISSUE FLARES
Knight-Ridder Financial |
The USDA's claims Wednesday that the Australian government is introducing direct subsidies of $132 m
NORWEGIAN COMPANIES JOIN FORCES
BOB WESENBERG |
Two Norwegian bulk transport shipping companies, Western Bulk Carriers (WBC) of Oslo and Ugland Bulk
Maritime
OAKLAND LANDFILL STILL ON HOLD
MAUREEN ROBB |
Despite a court ruling in its favor, the port of Oakland still must convince the federal government
Maritime
GOVERNMENT TO MEDIATE ROTTERDAM DOCK TALKS
Journal of Commerce Staff |
The Dutch government is to mediate between striking dockworkers and employers in the port of Rotterd
Maritime
ANTWERP HANDLER COURTS SEA-LAND ECT CONTRACT EXPIRING
SIMON CAMERON MOORE |
Hessenatie Neptunus N.V., Antwerp's largest stevedore, hopes to lure Sea- Land Service Inc. to its
Maritime
NEW VESSEL CALLS AT LONG BEACH
Journal of Commerce Staff |
Orient Overseas Container Line's new ship, the Oriental Fortune, made its first U.S. call at the por
Maritime
TRANSCARIBE OFFERS KINGSTON SERVICE
Journal of Commerce Staff |
Transcaribe Line is announcing the start-up of monthly LTL/FCL service direct to Kingston, Jamaica.
Maritime
CANADA'S SHIPYARDS HEALTHIER GOVERNMENT ORDERS BRIGHTEN PROSPECTS FOR COMING YEAR
LEO RYAN |
Prospects are brighter this year for Canada's yards thanks to several federal government orders, sai
Maritime
HAMBURG POSTS RISE IN CONTAINER TRAFFIC
JESS LUKOMSKI |
Container shipments via the port of Hamburg, totaling 1,246,000 20-foot equivalent units in 1986, b
Maritime
CAPTAINS USE CUNNING AND LUCK TO SURVIVE GULF WAR
(AP) |
Merchant seamen who ply the war-ravaged Persian Gulf rely on well-honed survival instincts, includin
Maritime
WHY TANZANIA LOOKS BETTER TO FREIGHT SERVICE OPERATORS
PHILLIP HASTINGS |
Freight service operators might soon find Tanzania a more interesting market<br><br>because of sever
Maritime
BASF TO BUY HERBICIDE BUSINESS
Journal of Commerce Staff |
BASF Corp. agreed to purchase Rohm & Haas Co.'s Blazer herbicide business for an undisclosed sum.<br
ICELANDIC PACT GOES TO HARRIS
Journal of Commerce Staff |
Harris Corp. was awarded a $5.5 million contract by Landsvirkjun, the na tional power company of Ice
ENERGY BRIEFS
From Wire and Staff Reports |
PSE&G Rate Proposal<br><br> Would Reduce BillsNEWARK, N.J. - The average winter electric bill for a
UTILITY OFFICIAL TOUTS PROGRAM FOR CLEAN COAL
TIM SANSBURY |
A national program must be instituted to bring clean coal technologies into the market place in the
STERLING PLANS TO PURCHASE DU PONT'S HDPE BUSINESS
Journal of Commerce Staff |
E.I. du Pont de Nemours & Co. announced that Sterling Group has signed a letter of intent to purchas
COURT HALTS TRASH-TO-ENERGY PLANT
(AP) |
Construction of a controversial plant that would convert trash to energy has been halted by an appea
STUDY CONFIRMS EXPORT MARKET FOR BC HYDROELECTRIC POWER
BRIAN LEWIS |
An export market exists for the output of the proposed 900-megawatt Site C hydroelectric dam in the
TAYLOR RESIGNS POSITION AT UTAH POWER & LIGHT
SAM GLASSER |
James C. Taylor resigned as president and chief executive officer of Utah Power & Light Co., Salt La
WITCO TO ACCEPT PATENT SETTLEMENT
Journal of Commerce Staff |
Witco Corp. will accept $2.75 million as an out-of-court settlement of patent infringement suits inv
CHEMICAL MARKETS
Journal of Commerce Staff |
US Prices<br><br> For LindaneMove Higher<br><br>Domestic prices for lindane, a pesticide, have moved
PLASTICS CORNER VALUE OF SHIPMENTS INCREASES IN RESPONSE TO HIGHER DEMAND
Journal of Commerce Staff |
Industry shipments of plastics in 1986 gained 6.3 percent (in 1982 dollars) as volume rose in respo
ANTI-LOCK PLAN IN LIMBO LIABILITY PROBLEMS WORRY MANUFACTURERS
MICHAEL S. LELYVELD |
The new wave of interest in anti-lock brakes in the trucking industry has some manufacturers worried
VW DO BRASIL BEGINS TRUCK SHIPMENTS TO US
JAMES BRUCE |
Volkswagen do Brasil began regular shipments of medium-weight truck tractors to the U.S. and Canadia
RAIL PINS HOPES ON NATIONAL STEEL
ANDREA CHANCELLOR |
The Chicago South Shore and South Bend Railroad believes National Steel Corp. will grow to become it
PRETORIA STEPS IN TO KEEP RAIL RUNNING
(AP) |
South African railway employees began operating transport trains from the Botswana border to Mafekin
UP REVAMPS COMPUTER SYSTEM
KEVIN D. THOMPSON |
Union Pacific Railroad is giving its automated train control systems a $38 million face-lift and is
TRAFFIC BRIEFS
From Wire and Staff Reports |
William Harris Receives<br><br> Transportation AwardThe Transportation Research Forum has conferred
TRANSPORT EARNINGS
JOC Team |
Greyhound Profits<br><br> Decline for YearPHOENIX, Ariz. - Greyhound Corp. reported fourth-quarter n
AIR JAMAICA POSTS INCREASE IN PROFITS
CANUTE JAMES |
An increase in its passenger loads at several U.S. airports has improved Air Jamaica's operating pro
US MARKET VITAL TO BAE UK COMPANY SPECIALIZES IN SMALL, MID-SIZE AIRCRAFT
EDWIN UNSWORTH |
British Aerospace PLC is successfully making inroads into the home territory of the giants in the wo
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