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FINANCIAL BRIEFS
From Wire and Staff Reports |
IFC Helps to Establish<br><br> Bank in HungaryThe International Finance Corp. is helping to establis
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DEAK UNIT CREDITORS OFFERED 1 CENTS
P.T. BANGSBERG |
More than 300 unsecured creditors of a local unit of the Deak Perera finance house are being offered
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ANALYSTS BULLISH ON STOCK MARKET
GORDON PLATT |
Analysts see clear sailing ahead for the stock market, now that the triple witch ing hour has passed
GRAIN EMBARGO DISPUTE RAGES ON
(AP) |
Even if the old argument over grain embargoes doesn't become a national farm issue, it's still there
DOLLAR GENERALLY MIXED AS PACE OF TRADING SLOWS
Journal of Commerce Staff |
The U.S. dollar was generally mixed against major foreign currencies Friday as the foreign exchange
HONG KONG AND CHINA OPTIMISTS, PESSIMISTS DEBATE POST-'97 OUTLOOK
JOC Team |
Bulldozers grunt and jackhammers clatter at rising hotels and shopping malls. Well-dressed workers j
Maritime
HART ADVOCATES END TO TRADE BARRIERS
KATHLEEN A. CHARLES |
A laissez-faire philosophy that allows market forces to determine prices for goods and services is r
Maritime
AUSTRALIAN OUTLOOK FOR MINING BRIGHTER
VINCENT W. STOVE |
Low commodity prices on international markets and increasing domestic costs are hammering mining com
Maritime
SOVIETS TO AID CHINA PLANT RENOVATION
(AP) |
China and the Soviet Union signed a contract to reconstruct a metallurgical plant that was built in
Maritime
THE 'FRAGRANT HARBOR' IS SMELLING LIKE A ROSE
(AP) |
"Fragrant Harbor," as it is known in Chinese, has long been considered one of Asia's most attractive
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Toyota Sees 1 percent Decline<br><br> In Production Next YearToyota Motor Corp., Japan's largest aut
Maritime
INTERNATIONAL LOANS
JOC Team |
IMF<br><br> MOROCCO - $275 million from the International Monetary Fund to support government econom
Maritime
A LOOK AT THE HISTORY OF MEXICO'S DEBT WOES
Chicago Tribune |
Mexico's problems often have been traced to the runaway spending that followed the nation's discover
Maritime
VA. FIRMS FIGHT THAT SINKING FEELING
CARL CAHILL |
Prompted by a lawsuit in Pennsylvania, Virginia coal companies are studying how subsidence can be re
BAKER TALKS KILLED
Journal of Commerce Staff |
Ashland Oil Inc. announced at the weekend that it has been advised by Richardson-Vicks Inc. that RVI
ENERGY BRIEFS
From Wire and Staff Reports |
Lauhoff Grain to Get<br><br> Coal Cogeneration PlantBabcock & Wilcox will install a coal-fired cogen
UK NUCLEAR PROJECT COULD SET BACK COAL
BRUCE BARNARD |
The British coal industry appears heading for a major setback in the New Year when the government is
LILLY COATINGS TO PURCHASE LONDON LABS
Journal of Commerce Staff |
Lilly Industrial Coatings Inc. and London Laboratories Limited announced an agreement in principle p
CHEMICAL MARKETS
Journal of Commerce Staff |
Price Increases Announced by Olin<br><br> Olin Corp. announced an increase in off-list prices for it
NY COURT RULES ON CHARITY CASE CONSUMERS SHOULDN'T BE BILLED FOR UTILITIES' CONTRIBUTIONS
(AP) |
The state Public Service Commission's policy requiring consumers to pay for charitable contributions
SOGGY SNOW SENDS POWER LINES PLUMMETING
(AP) |
More than a foot of soggy snow blanketed eastern New York by Friday morning, dragging down power lin
PLASTICS CORNER
Journal of Commerce Staff |
S. Korean<br><br> Firm SignsHimont Pact<br><br>Himont U.S.A. Inc. signed an agreement with South Kor
EGYPTIAN FIRM NARROWS FIELD
TIM SANSBURY |
A field of eight companies bidding on a contract to supply 1.2 million metric tons of U.S. coking co
RORER PLANS TO KEEP ARMOUR PHARMACEUTICAL
Journal of Commerce Staff |
Rorer Group Inc. announced that it will keep Armour Pharmaceutical Co.<br><br> ''After careful analy
SUN STOCKHOLDERS OK MERGER PLAN
Journal of Commerce Staff |
Stockholders of Sun Chemical Corp. voted here at the week-end to approve the recapitalization of
BRAZIL DRAWS WARY EYES CONSTITUTIONAL CHANGES WORRY MULTINATIONALS
JOC Team |
Foreign investors are watching warily as Brazil prepares to draw up a new constitution that could in
Maritime
EC BUDGET APPROVAL EXPECTED IN JANUARY
(AP) |
The European Parliament, which last week blocked adoption of a 1987 European Community budget, is ex
Maritime
EXPORTS STILL FLOW FROM PUNJAB
ROSALIND RACHID |
India's troubles with a separatist movement in Punjab state have had little effect on the country's
Maritime
PARTNERSHIP CREATES GLOBAL ACCOUNTING FIRM
Journal of Commerce Staff |
Peat Marwick International, a Toronto-based holding company for the U.S. accounting firm Peat Marwic
Maritime
SEABROOK OWWNERS WANT TO SHRINK EVACUATION ZONE
LARRY TYE |
Owners of the Seabrook nuclear power plant last week asked the federal government for permission to
ARGENTINE OIL OUTPUT SLIPS AMID RUMORS
JEREMY MORGAN |
Argentine oil output fell again last month to about 12.1 million barrels, the state oil corporation,
FUEL OIL MARKETERS FACE COOL DEMAND
SAM GLASSER |
Home heating oil marketers have their work cut out for them if they're going to regain the market sh
MEXICO AWAITS OPEC RESULTS OIL EXPORTS WILL CONTINUE TO BE LIMITED
WILLIAM A. ORME Jr. |
Mexico will continue to limit oil exports in hope that OPEC's newly lowered production quotas will s
NORWAY'S OIL OUTPUT SETS RECORD FOR MONTH
(AP) |
Norway's monthly oil production reached a record level of 1.01 million barrels in November and was e
ENERGY BRIEFS
From Wire and Staff Reports |
UK Official to Address<br><br> Dinner for Oil TradersPeter Walker, the U.K.'s secretary of state for
OIL CARGO MOVES AT $17 A BARREL MARKET RESPONDS TO REPORTS OPEC IS CLOSE TO ACCORD
BRUCE BARNARD |
A cargo of North Sea Brent crude for delivery in February changed hands at $17 a barrel on Friday, i
SPOT PRODUCT PRICES
JOC Team |
December 19, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
AVIATION BRIEFS
From Wire and Staff Reports |
Geneva-Based Airline<br><br> Orders Four MD-87sMcDonnell Douglas Corp. said Compagnie De Transport A
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