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INSIDE TALK ON INSURANCE.
JOC Team |
CHRISTMAS CHEER? BAH HUMBUG!<br><br> Boycott Empire/Allcity Insurance Co. Unfair to Labor" the Chris
MAINE LAW CHALLENGED WORKERS COMP LEGISLATION STIRS CONTROVERSY
PAULA L. GREEN |
The controversy surrounding Maine's workers compensation law continues as numerous legal challenges
MISSION UNIT SEEN NEAR LIQUIDATION
(AP) |
Company officials say they may have to liquidate a California subsidiary of Mission Insurance Group
CANADIAN OIL SECTOR SUFFERS PROFIT PLUNGE
Journal of Commerce Staff |
Alberta's oil producers suffered their steepest profit plunge in more than 40 years during the first
TOTAL-CFP EYEING A SHIFT IN FOCUS
HOWARD SCHISSEL |
France's state-controlled oil group, Compagnie Francaise des Petroles, or Total-CFP, will concentrat
PHOENIX RE CORP. CONTRIBUTES TO UNIT
Journal of Commerce Staff |
Phoenix Re Corp. said it contributed $24 million to the surplus of its reinsurance operating subsidi
ENERGY BRIEFS
From Wire and Staff Reports |
Start-up Delayed<br><br> At Hope Creek PlantLOWER ALLOWAYS CREEK, N.J. - Routine maintenance on a wa
IRAQ HOLDING OPEC HOSTAGE DEMAND FOR QUOTA EQUALITY WITH IRAN IMPEDES ACCORD
FELIX DEARDEN |
Iraq was still holding OPEC hostage on a new crude production accord late Thursday, after rejecting
SPOT PRODUCT PRICES
JOC Team |
December 18, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
TRITON-FRANCE TO CUT BUDGET
HOWARD SCHISSEL |
Triton-France, the affiliate of the Dallas-based Triton Energy Corp., is to<br><br>cut its 1987 exp
DIAMOND SHAMROCK REJECTS MESA BID
(AP) |
Diamond Shamrock Corp.'s board of directors rejected a $2 billion takeover bid by a group led by Ama
DAMON BIOTECH GETS PATENT NOD
Journal of Commerce Staff |
Damon Biotech Inc., a majority-owned subsidiary of Damon Corp., announced that the U.S. Patent and T
CHEMICAL MARKETS
Journal of Commerce Staff |
Cutbacks Prop Up<br><br> Mercury MarketThe market for mercury is reported to be strengthening becaus
OXYCHEM SETS DEADLINE FOR CHLOR-ALKALI PROJECT
Journal of Commerce Staff |
Occidental Chemical Corp. announced Thursday a completion schedule for a project to bring back on-st
PLASTICS CORNER
Journal of Commerce Staff |
Boise Agrees<br><br> To Sell UnitTo Sonoco<br><br>BOISE, Idaho - Boise Cascade Corp. and Sonoco Prod
EXXON CHEMICAL EXPANDS FACILITY
Journal of Commerce Staff |
Exxon Chemical's subsidiary in France, SOCABU, has completed a 30 percent expansion of its Vistalon
DISPOSAL PROBLEM CRITICAL HAZARDOUS WASTE GENERATORS FORESEE SHORTAGE
Journal of Commerce Staff |
A new ICF Inc. survey of 17 major commercial hazardous waste management firms indicates that hazardo
FMC CORP. BUYS SPANISH SULFATE UNIT
Journal of Commerce Staff |
FMC Corp. announced its Spanish subsidiary, Foret SA, purchased the natural sodium sulfate business
THEY CALL IT HOUSTON OF CANADA
ROBERT S. BURNS |
Chemical Valley, a multibillion-dollar complex of some 20 oil refineries and petrochemical plants pr
COST OF CREDIT
JOC Team |
Thursday, Dec. 18, 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
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR CONTINUES TO DECLINE ON NOVEMBER ECONOMIC DATA
Knight-Ridder Financial |
The U.S. dollar declined against most major foreign currencies Thursday on fresh signs of a sluggish
WITCHING-HOUR LOSSES FEARED
GORDON PLATT |
It's nail-biting time on Wall Street.<br><br> Today's triple witching hour could be particularly vol
FINANCIAL BRIEFS
From Wire and Staff Reports |
Dutch Firm to Control<br><br> Philips Trust After ShiftThe United States Philips Trust, which owned
NEW INSIDER PROBE BEGUN IN BRITAIN
(AP) |
The British government said it was investigating allegations that civil servants may have illegally
EMS FOUNDERS FORM MONETARY UNION FORUM
Knight-Ridder Financial |
The founders of the European Monetary System, former President Valery Giscard d'Estaing of France an
LOW AQUIFERS ENDANGER IRRIGATION
(AP) |
For years irrigation farmers in the low-rainfall Texas High Plains have had to drill deeper and pump
INVENTORIES OF DISTILLATE FUEL UP SLIGHTLY FOR WEEK
Journal of Commerce Staff |
Supplies of key petroleum products ran counter to seasonal trends, with distillate increasing slight
NEW RULING FAVORS RAILROADS 4 UNIONS ENJOINED FROM STOPPING WORK AGAINST 2 CARRIERS
ANDREA CHANCELLOR |
A federal district judge enjoined four railroad shopcraft unions from striking or engaging in any wo
WORLD TODAY
From Wire and Staff Reports |
Jury Clears De Lorean<br><br> DETROIT - A federal jury found former sports car maker John Z. De Lore
WORLDWIDE SLUMP IN SHIPPING HITS EVERGREEN GROUP PROFITS
WILLIAM ARMBRUSTER |
The worldwide slump in the shipping industry will even take its toll on the world's most successful
ENERGY BRIEFS
From Wire and Staff Reports |
Marathon Hikes Price<br><br> For All Crude GradesMarathon Petroleum Co., a unit of USX Corp., increa
OUTLOOK STILL CLOUDED FOR GERMAN SHIPYARDS LIFELINE FROM APL MAY NOT BE ENOUGH
BRUCE BARNARD |
American President Lines threw a lifeline to West Germany's troubled shipbuilding industry with a re
BUG PLANS TO BOOST SPOT GAS PURCHASES
KIRBY V. FREEMAN |
Brooklyn Union Gas Co. says it plans to drastically increase its purchases of natural gas from spot
GASOLINE RETAILER TO FORFEIT STATIONS
(AP) |
A federal jury in Brooklyn ordered a Long Island gasoline retailer to forfeit $4.7 million and 36 of
INSIDE TALK ON ENERGY
Andrea Chancellor |
NO CHANGE IS EXPECTED in Peabody Holding Co. operations once Newmont Mining Co., New York, acquires
IRAN WANTS IRAQ OUT OF OPEC
Knight-Ridder Financial |
Iran wants Iraq to be suspended from the Organization of Petroleum Exporting Countries since it is b
TAX BREAK URGED FOR CALIF. PROPANE
Journal of Commerce Staff |
A California assemblyman thinks propane users should enjoy the same tax benefit that residential nat
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