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SEAWAY TEAM TO TRAVEL TO EUROPE
Journal of Commerce Staff |
A delegation of U.S. and Canadian representatives will head for Europe next month to promote use of
Maritime
SEABOARD DEFERS DECISION ON FLORIDA OPERATIONS
CRAIG DUNLAP |
Seaboard Marine Ltd. postponed a decision on whether to transfer the bulk of its operations to Miami
Maritime
NAVY AWARDS REPAIR PACT NORTHWEST MARINE WINS CONTRACT AT CRITICAL TIME
Journal of Commerce Special |
A Portland company that filed for protection under U.S. federal bankruptcy laws late last year won a
Maritime
TV REPORTER CLEARED OF LIBEL IN '20-20' SHOW
(Fort Lauderdale News & Sun-Sentinel) |
Splashy TV reporter Geraldo Rivera did not libel a Palm Beach Jai Alai executive by implying that he
NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The Reagan administration can expect help from Congress on the budget, like it
Maritime
NAIC WANTS QUALITY CONTROL IN ISO STUDY
ALAN HERBERT |
The property/casualty industry was asked to provide more "quality control" to improve the credibilit
REFORMS EASING MALPRACTICE WOES
LEAH R. YOUNG |
Reform of the tort law liability system for settling civil complaints is alleviating the medical mal
PLASTICS CORNER
Journal of Commerce Staff |
Resin Output<br><br> IncreasedIn October<br><br>Production of plastics resins totaled 3.891 billion
CHEMICAL MARKETS
Journal of Commerce Staff |
Demand<br><br> For BenzeneStrengthens<br><br>The market for benzene continues on an upward trend as
PPG ACQUIRES MAZER CHEMICALS
(AP) |
PPG Industries announced the acquisition of Mazer Chemicals Inc. of Gurnee, Ill., a manufacturer and
PENNWALT ACQUIRES AEROSOL COMPANY
Journal of Commerce Staff |
Pennwalt Corp. acquired Pharmasol Corp., a specialized aerosol developer and manufacturer in Easton,
REACTORS ENRICH TOWN NUCLEAR PLANTS KEEP SCRIBA, NY, OUT OF DEBT
(AP) |
Scriba would appear to be a typical rural U.S. town. It is mostly residential with a dozen or so sma
EMERY TO EXPAND, UPDATE OHIO SEPARATION FACILITIES
Journal of Commerce Staff |
Emery Chemicals announced a major expansion and updating of its solvent separa tion facilities at it
CNW SIGNS PACTS WITH OKLA. UTILITY
Journal of Commerce Staff |
CNW Corp.'s Western Railroad Properties unit signed two long-term coal transportation contracts with
ENERGY BRIEFS
From Wire and Staff Reports |
Eastern Utilities Buys<br><br> Citizens Heat & PowerEastern Utilities Associates said it completed t
ALEXANDER SETS UP NEW FACILITY
Journal of Commerce Staff |
Alexander & Alexander Inc. said three insurance companies agreed to back a new insurance facility fo
INSURANCE BRIEFS
From Wire and Staff Reports |
Chandler Set to Acquire<br><br> National AmericanCHANDLER, Okla. - Chandler Insurance Co. Ltd. said
CANADIAN P/C INSURERS EXPERIENCE REBOUND
LEO RYAN |
Property and casualty firms in Canada more than doubled profit in the first nine months of 1986, con
DOLLAR RISES TEMPORARILY ON BUNDESBANK INTERVENTION
Knight-Ridder Financial |
The U.S. dollar moved higher Monday morning when the West German central bank en tered the market to
STOCKS SURGE INTO RECORD TERRITORY
GORDON PLATT |
The computers said "Buy!" and institutional investors jumped on the bandwagon Monday, sending stocks
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Team |
Monday, January 5, 1987<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
UK SURVEY PREDICTS DECLINE IN POUND STERLING BY YEAR-END
Knight-Ridder Financial |
The pound sterling will fall to $1.45 and yields on 14-year gilt bonds will rise to 10.9 percent by
FINANCIAL BRIEFS
From Wire and Staff Reports |
Baker Says Fed Policy<br><br> 'Is Quite Adequate'Treasury Secretary James Baker endorsed the Federal
JANUARY 'BAROMETER' STIRS DEBATE
JOC Team |
For followers of stock market "indicators," one of the busiest times of the year is at hand.<br><br>
A YEAR TO REMEMBER AT SYDNEY EXCHANGE
VINCENT W. STOVE |
For the Sydney Futures Exchange, 1986 was a year to remember.<br><br> Signalling the beginning of w
SEC, CFTC FARE WELL IN FISCAL '88 BUDGET
Knight-Ridder Financial |
Both the Securities and Exchange Commission and the Commodity Futures Trading<br><br>Commission fare
OPEC MEMBERS TO HIKE PRICES COUNTRIES NOTIFY CUSTOMERS OF INCREASES EFFECTIVE FEB. 1
From Wire and Staff Reports |
Several members of the Organization of Petroleum Exporting Countries notified buyers of new, increas
NORSK HYDRO EVALUATES RIG USES
BOB WESENBERG |
Norsk Hydro is evaluating several ways of getting the most out of the $85,000 daily rate the company
JAPANESE BANKS TO FUND INDONESIAN LPG PROJECT
(AP) |
A group of Japanese banks, led by the Export-Import Bank of Japan, will provide five Japanese tradin
HADSON ACQUIRES WESTERN NATURAL
Journal of Commerce Staff |
Hadson Corp. said its subsidiary, Hadson Gas Systems Inc., purchased 100 percent of the common stock
INGERSOLL-RAND, DRESSER FORM JOINT VENTURE
Journal of Commerce Staff |
Ingersoll-Rand Co. and Dresser Industries Inc. formed the Dresser-Rand Co., a 50-50 joint venture pr
ENERGY BRIEFS
From Wire and Staff Reports |
Baker Opposes Fee<br><br> On Oil ImportsJames Baker, U.S. treasury secretary, said he opposes a fee
ATLANTIC RICHFIELD TO PAY $6 MILLION TO NEW YORK
Journal of Commerce Staff |
Atlantic Richfield Corp. will pay New York state $6 million as a partial settlement for the environm
SAUDI ARABIA'S NEW OIL MINISTER SHUNS SPOTLIGHT
(AP) |
During a break in OPEC's latest meeting, the oil ministers of traditional enemies Saudi Arabia and I
SECOND STRIKE HITS SPANISH AIRLINE
(AP) |
The second 24-hour strike in a week by ground crew of Spain's domestic airline Aviaco Monday forced
SOVIETS MAKE PITCH FOR SATELLITE LAUNCHES
(AP) |
Premier Nikolai I. Ryzhkov, in a new effort to attract foreign customers for satellite launches, sai
HARPER GROUP, YS LINE FORM JOINT VENTURE
Journal of Commerce Staff |
Harper Group, a San Francisco-based transportation concern, and Yamashita- Shinn ihon Steamship Co.
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