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SPOT PRODUCT PRICES
JOC Team |
December 17, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
TRANSCO EXPLORATION TESTS WELL
Journal of Commerce Staff |
Transco Exploration Partners Ltd. made its third successful natural gas completion on the B. Holmes
ITEL EYES XTRA BOX UNIT CONSOLIDATION OF LEASING HELD COST-EFFECTIVE
MICHAEL S. LELYVELD |
The most attractive part of XTRA Corp. is its container leasing business, says an official of the co
RAIL PUTS COAL ON CHRISTMAS LIST
TIM SANSBURY |
Can the depressed coal market support the opening of three or four new mines in southwestern West Vi
POOR CASH-TRANSFER STRATEGY CAN BE COSTLY FOR EXPORTERS
JANET PORTER |
Exporters around the world are losing millions of dollars a year because of delays in receiving paym
TRUCKERS AWAIT DECISION ON STATE TAX CASE
LEO ABRUZZESE |
A $500 million tax case before the Supreme Court will shape the course of the trucking industry's 19
ECONOMIST SEES GROWTH PROCEEDING AT SLOW PACE
(AP) |
Economic growth will continue nationally in 1987, but at the same slow-to- moderate pace it did duri
ENERGY BRIEFS
From Wire and Staff Reports |
Texas Utility Orders<br><br> Gas Turbines From GESCHENECTADY, N.Y. - Texas Utilities Electric Co. or
CHINA CHANGES FOCUS TO ONSHORE RESERVES
P.T. BANGSBERG |
A record 10 oil and natural gas fields have been discovered in waters off China this year, state-own
PRAYON, NITRON RESPOND TO PROBE
Journal of Commerce Staff |
The International Trade Commission voted, three to two, to allow continuation of the investigation o
LILCO LOSES BID TO BURN HIGH-SULFUR OIL
Journal of Commerce Staff |
Long Island Lighting Co. ratepayers will shell out another $10 million in fuel costs in 1987 because
LNG HEADING FOR US INDONESIAN CARGO IS 1ST AFTER IMPORT HIATUS
NAILENE CHOU WIEST |
A shipload of Indonesian liquefied natural gas is due to arrive at the Everett, Mass., terminal on
CHEMICAL MARKETS
Journal of Commerce Staff |
Hoechst Sets<br><br> Price HikeFor Jan. 1<br><br>American Hoechst Corp. will increase the price of m
GPU NUCLEAR CONSIDERS RESTART OF OYSTER CREEK
(AP) |
GPU Nuclear might restart the Oyster Creek Nuclear Generating Station without reinforcing thin areas
PLASTICS CORNER
Journal of Commerce Staff |
EVAL Co.<br><br> DedicatesResin Plant<br><br>The EVAL Co. of America dedicated its first grass roots
SMITHKLINE CHIEF OUTLINES STRATEGY
Journal of Commerce Staff |
SmithKline Beckman Corp. is pursuing a three-point strategy for growth, Hen ry Wendt, president and
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The U.S. economy, bolstered by a surge in car sales, expanded at an annual rate
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The U.S. economy, bolstered by a surge in car sales, expanded at an annual rate
TOOL IMPORT THREAT GENERATES CONCERN
RICHARD LAWRENCE |
West German and Swiss officials voiced concern over the Reagan administration's threat to impose im
FRIDAY GOAL SET FOR LUMBER PACT
HELEN ERICSON |
U.S. and Canadian negotiators set Friday as the goal for agreement on the softwood lumber dispute, b
US COMPUTER FIRMS FIGHT BRAZIL RULES
Journal of Commerce Staff |
U.S. computer companies are apparently taking a harder line toward Brazil's computer trade and inves
DEFICIT ESTIMATES GROW AS USUAL
JOHN BOYD |
There are some things you can depend on: Night follows day, autumn gives way to winter, and low esti
HOG-CORN RATIO NO LONGER USEFUL
DIRCK STEIMEL |
The hog market has never been better for farmers, according to Agriculture Department statistics. S
YEAR A DISCOURAGING ONE FOR AUSTRALIA'S BANKS
VINCENT W. STOVE |
This year will not be remembered with much affection by Australia's three major private banks.<br><
COST OF CREDIT
JOC Team |
Wednesday, Dec. 17, 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 |
'No Room to Cut Rates,'<br><br> Bundesbank SaysThere is no room to cut West German interest rates, t
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
BOONE PICKENS DEFENDS 1-SHARE, 1-VOTE RULE
(AP) |
A proposal before the Securities and Exchange Commission that would end voting rights for some stock
CHINA LAUNCHES INTERBANK NETWORK
Knight-Ridder Financial |
Banking reforms have helped China to launch a national network for rural interbank borrowing and len
STOCKS DECLINE AFTER TWO GAINS
RIPLEY WATSON Jr. |
Lower stock index futures prices and caution ahead of Friday's triple witching hour combined to push
VENEZUELA SEEKING DEBT RESCHEDULING
(AP) |
Venezuela has asked creditors to give it until the year 2000 to repay $21 billion of foreign debts
DOLLAR DRIFTS SLOWLY LOWER ON LACK OF NEWS IN MARKET
Knight-Ridder Financial |
The U.S. dollar drifted slowly lower in lackluster trading Wednesday.<br><br> Analysts said the mark
AIDS VACCINE TESTED ON HUMANS IN ZAIRE
(AP) |
Scientists have begun testing an AIDS vaccine on humans in Zaire, surprising many researchers who be
CARGILL PULLING OUT OF INSURANCE
C.A. CARPENTER |
Cargill Inc. said it's pulling out of the life insurance and property and casualty reinsurance busin
SUIT AGAINST GUN FIRM SHOT DOWN BY COURT
(AP) |
The dismissal of a landmark lawsuit filed by a guard shot in a holdup may adversely affect a ruling
BOSTON RADIO MEN AT IT AGAIN TALKMASTERS TAKE TO THE AIR TO BATTLE NEW DRUNK DRIVING LAW
TOM McNIFF Jr. |
Even as Massachusetts Gov. Michael Dukakis prepared to sign a drunk driving law - said to be among t
RE CAPITAL SEES PROFITS IN 4TH QUARTER
Journal of Commerce Staff |
Re Capital Corp. said it expects to report a profit in the fourth quarter<br><br>because of the low
TRAVELERS TO RE-ENTER FLA.
Journal of Commerce Staff |
The Travelers Cos. will re-enter the Florida commercial lines market Jan. 1 after the state insuranc
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