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NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> There will be no one home at Capitol Hill or White House when the fiscal 1988 b
Maritime
DOLLAR EASES AGAIN ON NOVEMBER TRADE NEWS
Knight-Ridder Financial |
The U.S. dollar began 1987 foreign exchange trading Friday by sliding lower against major foreign cu
CHEVRON TO COMPLETE RESTRUCTURING MOVES
Journal of Commerce Staff |
Chevron Chemical Co. announced it is selling its specialty and commodity fertilizer plant at Fort Ma
NEW ORLEANS HANDLES INCREASED COAL EXPORTS
TIM SANSBURY |
U.S. coal exports moving through New Orleans area terminals in 1986 will be up between 26 percent an
HAZTECH INC. TO BURN PCBS AT FLA. SITE
Journal of Commerce Staff |
The U.S. Environmental Protection Agency announced that Haztech Inc. of Atlanta was awarded a contra
CHEMICAL MARKETS M&T HIKES TRIBUTYLTIN OXIDE PRICE
Journal of Commerce Staff |
M&T Chemicals Inc. announced an increase in its prices for tributyltin oxide, effective Jan. 2, 1987
CHEMICAL SOCIETY NAMES WINNERS OF '87 PERKIN MEDAL
Journal of Commerce Staff |
The Perkin Medal for 1987 will be awarded to J. Paul Hogan and Robert L. Banks of Phillips Petroleum
PLASTICS CORNER R.A.F. GROUP ANNOUNCES ACQUISITION
Journal of Commerce Staff |
R.A.F. Group acquired Vinyl Building Products Inc., a designer and extruder of vinyl-framed windows
BUSINESS SCHOOL ESTABLISHED IN CHINA
(AP) |
Chinese graduate student Xu Shiku is an expert in debt financing. He wears a Western-style tweed jac
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Siemens, Telecom Plus<br><br> Set Share Purchase PactBOCA RATON, Fla. - Siemens Information Systems
Maritime
LOCAL BUSINESSES HELD KEY TO JOBS SEATTLE AREA COUNCIL HELPS EXISTING INDUSTRIES EXPAND
GLORIA JOSEPH |
Instead of looking outside the state for new employers, a Seattle area economic council wants to exp
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
WEST COAST BRIEFS
From Wire and Staff Reports |
Universal Savings Sold<br><br> To Australian FirmORANGE, Calif. - Unity Corp. Ltd. of Sydney said it
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
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
MARATHON UNIT OF USX CORP. TO REDEEM NOTES
Journal of Commerce Staff |
USX Corp. said its Marathon Oil Co. unit will call for redemption on March 1 its 12 1/2 percent gua
COST OF CREDIT
JOC Team |
Wednesday, Dec. 31, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
Merrill Lynch and IBM<br><br> End Financial ServiceMerrill Lynch & Co. and International Business Ma
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FRENCH PLAN SALE OF BANQUE PARIBAS
HOWARD SCHISSEL |
The pace of privatization in France should accelerate early in 1987 with the sale to the public of o
PRIVATIZATION TREND GROWS MOST GOVERNMENTS SAID TO BE ALREADY PURSUING IT
RIPLEY WATSON Jr. |
The worldwide trend toward privatization of business firms is attracting increasing attention on sev
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
OPEC ACCORD FUELS OIL STOCK DEBATE
(AP) |
The new oil-production accord reached by members of the Organization of Petroleum Exporting Countrie
NOVEMBER TRADE SHORTFALL BRINGS SHARP DROP IN DOLLAR
Knight-Ridder Financial |
On the final day of foreign exchange trading in 1986, the U.S. dollar fell to another new low agains
AGENTS MULL COMPUTER LEASING OPTIONS
RUSS BANHAM |
To buy or not to buy computer equipment? With software vendors out hawking attractive leasing plans,
DOCTORS WIN ROUND IN MEDICARE SUIT
(AP) |
A federal judge lifted a New Year's Day deadline for doctors to sign up to participate in Medicare w
AMERICAN EXCESS REACHES $75 MILLION CAPACITY GOAL
Journal of Commerce Staff |
American Excess Insurance Association said its capacity is up almost 50 percent as a result of new s
PROBE OF FLAWS IN GM AUTOS IS REOPENED
(AP) |
About 8.3 million front-wheel drive General Motors cars are the focus of a reopened and expanded gov
FLA. DOCTORS PROTEST INSURANCE LAW
(AP) |
Doctors protesting a new malpractice insurance law were scheduled to stop offering their services Ne
FAMILY AUTO RATES RISE
C.A. CARPENTER |
Blame it on the Sunday drivers.<br><br> Rising automobile insurance costs for families are beginning
INSURANCE BRIEFS
From Wire and Staff Reports |
Wash. Insurance Firms<br><br> Asked to Cut Auto RatesOLYMPIA, Wash. - Washington state's insurance c
BORDEN PLANS TO EXPAND RESIN PLANT
Journal of Commerce Staff |
A plant expansion program at Fayetteville, N.C., exceeding $10 million for the production of urea a
ENERGY BRIEFS
From Wire and Staff Reports |
Commission Approves<br><br> 14 percent PSNH Rate HikeMANCHESTER, N.H. - Public Service of New Hampsh
MARKET OUTLOOK BULLISH FOR TOXIC WASTE DISPOSAL
Journal of Commerce Staff |
The overall market for hazardous waste management and disposal is expected to grow at an average ann
CHEMICAL MARKETS
Journal of Commerce Staff |
Salicylic Acid Market Seen Stable<br><br> The market for salicylic acid is reported to be stable.Cry
MARKET PROSPECTS BRIGHT FOR ILL. COAL RESERVES
Journal of Commerce Staff |
Coal reserves purchased by Chicagoan Fred Keady from Standard Oil Co. could be developed at a relati
PLASTICS CORNER
Journal of Commerce Staff |
Du Pont Sells<br><br> BusinessTo Reemay<br><br>E.I. du Pont de Nemours & Co. completed the sale of i
USSR TO OPEN SLURRY LINE SOON
ALBERT AXEBANK |
The Soviet Union's first fully operational coal slurry pipeline is scheduled to be completed and rea
TVA BUYS COAL FROM KOPPER GLO
Journal of Commerce Staff |
The Tennessee Valley Authority purchased 22,000 tons of coal from Kopper Glo Fuel Inc., Clairfield,
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