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JOBLESS RATE RISES TO 7 PERCENT
(AP) |
The nation's jobless rate jumped to 7 percent last month as manufacturers cut 38,000 jobs - twice th
COST OF CREDIT
JOC Team |
Friday, October 3, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada U.K
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEW PENN MOTOR EXPRESS KNOWS ITS NICHE
KEVIN D. THOMPSON |
New Penn Motor Express Inc. may be a veritable trucking giant in northern and central Pennsylvania,
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
STOCK PRICES SEEN LIKELY TO MOVE INDECISIVELY
Journal of Commerce Staff |
Analysts said indecisiveness likely will be the hallmark of the stock market over the weeks ahead.<b
NEWS OF JOBLESS RISE SENDS DOLLAR DOWN
Knight-Ridder Financial |
News of a 0.2 percent increase in the nation's unemployment rate during September drove the dollar l
AMOCO CHIEF WARNS OF OIL DEPENDENCY
Journal of Commerce Staff |
The nation is embarked on a "headlong rush to foreign oil dependency," Amoco Corp. Chairman Richard
BELCHER OIL ACQUIRES ALA. REFINING ASSETS
Journal of Commerce Staff |
Belcher Oil Co., a subsidiary of The Coastal Corp., announced the acquisition of refining and distri
ENERGY BRIEFS
From Wire and Staff Reports |
Nigerian Minister Sees<br><br> OPEC Raising CeilingNigeria's Oil Minister Rilwanu Lukman was quoted
PSE&G TO CUT RATES
(AP) |
Public Service Electric & Gas Co. and the state agreed to a $30 million reduction in natural gas bas
GETTY PETROLEUM ACQUIRES LIDO ASSETS
Journal of Commerce Staff |
Getty Petroleum Corp. purchased substantially all of the gasoline marketing assets owned by the the
IRAQ EXECUTES 7 FOR TAKING BRIBES
(AP) |
Seven government employees and businessmen were executed by hanging for accepting bribes and commiss
OCCIDENTAL UNIT HITS OIL SAYS WELL ONE OF BEST EVER IN PERU
BARBARA DURR |
Drilling for the first time in three years, Occidental Petroleum Corp.'s Peruvian subsidiary hit wha
OPEC-MEET NERVES SOFTEN SPOT PRICES
BRUCE BARNARD |
A bout of nerves over the outcome of this week's meeting of the Organization of Petroleum Exporting
PROVIDENCE GAS CO. SEEKS PUC APPROVAL TO CUT RATES
Journal of Commerce Special |
The Providence Gas Co. cited continued supplier price reductions as the reason it is seeking regulat
PRESIDENT TO VETO BILL ON SUPERFUND?
Knight-Ridder Financial |
President Reagan "would veto" the Superfund bill if Congress passes one that does not meet the admin
BASF ACRYLIC FACILITY SET FOR W. GERMANY
Journal of Commerce Staff |
BASF will build another acrylic acid plant at its production complex in Ludwigshafen, West Germany,
ARGENTINA ISSUES CALL FOR BIDS 1ST MAJOR MOVE IN 18 MONTHS ON GAS-FED FERTILIZER PLANT
JEREMY MORGAN |
The Argentine government announced a formal bid call for a fertilizer production plant based on natu
WALSH BUILDS GEOTHERMAL PLANT
Journal of Commerce Staff |
Walsh Construction Co., a unit of Guy F. Atkinson Co. of California, started building a 30-megawatt
AVTEX TO BUY ACID PLANT IN VIRGINIA
Journal of Commerce Staff |
Avtex Fibers announced an agreement to purchase the General Chemical sulfuric acid facility located
ENERGY BRIEFS
From Wire and Staff Reports |
Accident Reduces Cut<br><br> In Narragansett ChargesPROVIDENCE, R.I. - A spokesman for Narragansett
BAN TO BOOST COMPETITION?
EDWIN UNSWORTH |
The U.S. decision to ban imports of South African coal is expected to lead to a slight increase in c
CHEMICAL MARKETS
Journal of Commerce Staff |
Stauffer Hikes<br><br> Liquid Alum PriceStauffer Chemical Co. announced an off-list price increase o
PLASTICS CORNER
Journal of Commerce Staff |
Allied Corp.<br><br> ExpandingCapacity<br><br>Allied Corp. announced the expansion of its Baton Roug
CONTINUED CONTROVERSY HAUNTS TMI
(AP) |
One year after the controversial restart of Three Mile Island's undamaged Unit 1 nuclear reactor, cr
MONSANTO SELLS VANILLIN BUSINESS
Journal of Commerce Staff |
Monsanto Co. said it sold its vanillin business to Rhone-Poulenc Inc.<br><br> Roger F. Sellew, comme
INSURERS LOSE GROUND AT HEARING
C.A. CARPENTER |
Strike 1, financial guarantee insurance companies.<br><br> Proposed New York legislation to require
LOW MILEAGE DISCOUNTS INTRODUCED IN MASS.
TOM McNIFF Jr. |
Massachusetts motorists can save up to 10 percent on their automobile insurance if they don't drive
SAFETY PANEL ENTERS GASOLINE VAPOR FRAY
LEAH R. YOUNG |
What was once considered a dogfight between the service station industry and automobile manufacturer
US RICE SUBSIDIES HURT AUSTRALIA
VINCENT W. STOVE |
Subsidized U.S. production has been blamed for most of the problems facing the Australian rice indus
SOVIETS SIGN GRAIN ACCORD
(AP) |
Two days after ignoring a deadline to buy subsidized U.S. grain, the Soviet Union signed a five-year
COMMODITY BRIEFS
From Wire and Staff Reports |
Taiwan Soon Will Allow<br><br> Private Gold ImportsTAIPEI, Taiwan - Taiwan soon will allow private g
OSCAR MAYER TO CLOSE ILLINOIS PLANT
Knight-Ridder Financial |
Oscar Mayer Foods Corp. will permanently close its Beardstown, Ill., hog processing plant April 10 b
SIMEX TO INTRODUCE US T-BOND FUTURES
Knight-Ridder Financial |
The Singapore International Monetary Exchange will become the first market in Asia to trade in U.S.
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br> The Supreme Court opened its new term by placing on its agenda interstate taxat
INTERMODALISM TAKING HOLD PORT AUTHORITIES TOLD TO ADAPT TO CHANGING CUSTOMER NEEDS
CRAIG DUNLAP |
Port managers need to anticipate and adjust to the changing needs and operations of their customers
Maritime
CONTAINERSHIPS WILL BE BROADER IN THE BEAM
Journal of Commerce Special |
It is unrealistic for containership owners to suggest they can spurt back up to the 33 knots once ac
Maritime
USW STRIKE SPREADS TO LIMESTONE CARRIERS
ROBERT S. BURNS |
The United Steelworkers Union strike, which has tied up the Great Lakes ore carriers of USX, has spr
Maritime
CHARTER INDEX
JOC Team |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
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