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CREDIT MARKET ANALYSTS ANTICIPATE REAGAN'S FISCAL '88 BUDGET PROPOSAL
RIPLEY WATSON Jr. |
In addition to watching the usual numbers that are grist for their forecasting mill, credit market a
INSURANCE FOR HOTELS SCARCER
JAMES NOLAN |
Resort hotel liability insurance was hard to get before the fire that claimed more than 60 lives in
RESTRUCTURING AGREEMENT SMOOTHS SEAS FOR WAH KWONG
P.T. BANGSBERG |
The second of Hong Kong's struggling shipping groups is sailing buoyantly into the New Year after a
RAIL RULES SPARK DEBATE COURT TEST EYED OVER STANDARDS FOR FINANCES
DAVID M. CAWTHORNE |
A federal courtroom may be the next forum for new Interstate Commerce<br><br>Commission rules for de
BID TO PRIVATIZE OPIC APPARENTLY FIZZLING CHANCES OF IT HAPPENING HELD '1 IN 20'
RICHARD LAWRENCE |
A Reagan administration move to turn the Overseas Private Investment Corp., a federal agency, into a
APL-LYKES TONNAGE SWAP SEEMS TO AID BOTH
ROBERT F. MORISON |
The unusual acquisition of foreign shipbuilding rights and the swapping of chartered tonnage appears
WEEK AHEAD
From Wire and Staff Reports |
Economic Reports<br><br> WASHINGTON - The government will release consumer installment credit figure
FMC DISCREDITS AGENTS' CASE
ROBERT F. MORISON |
The Federal Maritime Commission's counsel said shipping agents failed to make a case against a Georg
Maritime
MASSPORT PURCHASES MYSTIC RIVER PROPERTY
TOM McNIFF Jr. |
The Massachusetts Port Authority says it completed a year-end, $5.99 million<br><br>purchase of a fo
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Olsen Sells 2 Vessels,<br><br> Lays Off 70 EmployeesOSLO, Norway - Seventy employees aboard the Fred
Maritime
SALOMON REVISES FORECAST FOR APC
Journal of Commerce Staff |
Salomon Bros. Inc., the New York securities firm, is revising upward its estimate of earnings per sh
Maritime
OCEAN CARRIER RATE CHANGES
JOC Team |
The South and East Africa/U.S.A. Conference announced thaT effective Jan. 1, 1987, member lines will
Maritime
EC OFFICIAL URGES INQUIRY INTO SINKING
EDWIN UNSWORTH |
The European Community's environment commissioner, Stanley Clinton Davis, added his voice to those c
Maritime
CORN'S PAST: A MYSTERY
(AP) |
From Aztec to high-tech, corn's past is a mystery and its future a challenge.<br><br> The nutritious
US CATTLE PRODUCERS PROFIT FROM MEXICAN ACTION
(AP) |
An effort by Mexico to upgrade its beef and dairy herds has meant new sales opportunities for U.S. c
INCREASE IN FEED WHEAT USE MAY HURT US CORN EXPORTS
Knight-Ridder Financial |
Because of low world wheat prices, countries that import grain for animal feed are beginning at an i
COMMODITY BRIEFS
From Wire and Staff Reports |
US Farm Prices<br><br> Fell 2.4 percent in DecemberThe index of prices received by U.S. farmers for
CAT SCANNING FOR LIVESTOCK?
JOC Team |
Will cattle and hogs be subjected to CAT scanning to see if they're too fat for the consumer market?
CGL FORM: TIME WILL TELL
JAMES NOLAN |
The U.S. General Accounting Office says the impact of the insurance industry's new commercial genera
INSURANCE CALENDAR
JOC Team |
JANUARY<br><br> 6-7 - Insurance Crisis Conference - San Francisco - Laventhol & Horwath certified pu
INSURANCE BRIEFS
From Wire and Staff Reports |
State Farm Requests<br><br> Auto Rate Hike in Pa.HARRISBURG, Pa. - State Farm Mutual Automobile Insu
FLURRY OF ACQUISITIONS CLOSE YEAR
Journal of Commerce Staff |
NEW YORK - A relative buying flurry in the insurance industry was reported at the close of last year
SWEDISH CLUB HANDLES BIG SLICE OF HULL MART
BOB WESENBERG |
The Swedish Club has captured a big share of the international ship's hull insurance market.<br><br>
USL RENEWS COVER FOR CONTINER FLEET
EDWIN UNSWORTH |
United States Lines renewed the insurance on its fleet of 14 containerships.<br><br> Hull and war-ri
'86 AUTO PROFITS OFF, ANALYSTS SAY
(AP) |
Profits of U.S. automakers ran between $6.6 billion and $6.9 billion last year, down sharply from t
COST OF CREDIT
JOC Team |
Friday, Jan. 2, 1987<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
OPEC PRODUCTION/PRICE PLAN COULD CHANGE FARM FORECASTS
(AP) |
A decision by the Organization of Petroleum Exporting Countries to force up the world price of oil b
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
TRADE GROWTH SEEN FOR US AND CHINA
Journal of Commerce Staff |
U.S.-China trade will enjoy a moderate expansion this year, the National Council for U.S.-China Trad
Maritime
FINANCIAL BRIEFS
JOC Team |
Arkla Unit Acquires<br><br> Arkansas Firm's AssetsSHREVEPORT, La. - Arkla Inc. said its Arkla Explor
BUSINESS SCHOOL SET UP IN CHINA PEOPLE'S BANK UNIT A MAJOR TOOL IN RESHAPING ECONOMIC SYSTEM
(AP) |
Chinese graduate student Xu Shiku is an expert in debt financing. He wears a Western-style tweed jac
Maritime
SURVEY INDICATES CHINESE FAVOR ECONOMIC REFORMS
(AP) |
A survey of more than 3,300 Chinese indicates most of them favor economic reforms which they hope wi
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Siemens, Telecom Plus<br><br> Set Share Purchase PactBOCA RATON, Fla. - Siemens Information Systems
Maritime
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MALAYSIANS URGED TO IMPROVE OUTPUT
(AP) |
Prime Minister Mahathir Mohamad Urged Malaysians to dedicate themselves to improving productivity to
Maritime
LEADERS OF PALAU FACE ECONOMIC DILEMMA
(AP) |
Palau's President Lazarus Salii and his Cabinet are searching for means to assure the tiny western P
Maritime
WESTERN BANKING IN CHINA
(AP) |
China's boldest experiment in Western-style financing begins soon with the re-opening of the Bank of
Maritime
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
LEVY MAY AID SOME CALIF. VINEYARDS
(AP) |
San Joaquin Valley wine grape growers may benefit from a 200 percent levy on selected European Comm
Maritime
STOCKS MAKE FAST START ON 1987
RIPLEY WATSON Jr. |
Despite the stock market's fast start on 1987 trading, analysts appear to be unconvinced that the ma
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