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WHOLESALE PRICES SLIDE
(Ap) |
Japanese wholesale prices dropped 10.7 percent in July from a year before, reflecting cheaper import
Maritime
HOT LINE LINKS AIR CONTROLLERS
Journal of Commerce Staff |
A direct 24-hour telephone hot line connecting civil air traffic controllers in Anchorage, Alaska, T
Maritime
OIL RISE BULLISH FOR STOCKS
Gordon Platt |
Rising oil prices and prospects for lower interest rates could provide the proper environment for th
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Friday, August 15,1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU.K.G
WEEK AHEAD
Wire and Staff Reports |
Congress Begins Recess WASHINGTON - Official government business in the nation's capital is
PROSPECTS REMAIN GLOOMY FOR SOYBEAN PRODUCERS
(Ap) |
For month after month the Agriculture Department has published figures showing gloomy prospects for
IMF: PERU INELIGIBLE FOR LOANS AGENCY CITES FAILURE TO SETTLE ARREARAGE AS REASON FOR CUTOFF
Journal of Commerce Staff |
The International Monetary Fund formally declared Peru ineligible for further IMF loans until Peru s
TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALThe credit markets expect another Federal Reserve discount rate cut in September, b
SEA-LAND POSTED $49 MILLION LOSS IN 2ND QUARTER
Mark Magnier |
Sea-Land Corp. had a loss of about $49 million in the second quarter of 1986, compared with net inco
ILA TALKS BREAK OFF, WILL RESUME TODAY
Alan F. Schoedel |
Contract talks between the New York and Boston shipping associations and the International Longshore
FOREIGN TRUCK MAKERS ADVANCE IN US MARKET
Michael S. Lelyveld |
Volvo GM Heavy Truck Corp., the new joint venture of General Motors Corp. and VolvoTruck Corp. of Sw
LITIGATION AGAINST CLERGY BOOSTS NEED FOR INSURANCE
James Nolan |
A volunteer church bookkeeper confessed to a priest that she had embezzled $28,000 from the church.
DISCOUNT RATE CUT LIKELY NEXT MONTH
RIPLEY WATSON Jr. |
Credit market analysts are growing more and more certain that the Federal Reserve Board will cut the
CANADA FORESEES RECORD GRAIN HARVEST
Journal of Commerce Special |
Crop analysts are predicting a record western Canadian grain harvest this fall. It will occu
HOUSTON DEAL RAISES QUESTIONS
Gary Taylor |
Port officials began totaling costs of their wildcat-caging subcontractafter completion of the work.
Maritime
INSURERS DEBATE GULF RATES
Simon Cameron-Moore |
Negotiations among the marine underwriters of Lloyd's of London to agree on war-risk premiums for ve
Maritime
COURT ASKED TO DISMISS CHALLENGE BY NMU
Robert F. Morison |
The Justice Department asked U.S. District Court here to dismiss a challenge by the National Maritim
Maritime
EARNINGS DECLINE AT ROYAL NEDLLOYD
Simon Cameron-Moore |
The Royal Nedlloyd Group reported earnings of 21.7 million guilders ($6.3 million) for the first six
Maritime
SUIT SEEKS TO BLOCK MERGER OF MM&P PLANS
Chris Dupin |
A group of 10 active and retired members of the International Organization of Masters, Mates and Pil
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Lumber Output Rises As Orders DeclinePORTLAND, Ore. - Lumber production increased, but order
Maritime
'FANTASTIC' AMERICAN IDEA
Bill Mongelluzzo |
All-water shipping services from Asia to the U.S. East Coast will find it increasingly difficult to
Maritime
ANDEAN LINE SERVICE TO LINK EUROPE, US, CENTRAL AMERICA
Mark Magnier |
Andean Line Inc., a newly formed liner operation, is starting a 21-day service between Europe, the U
Maritime
SEATTLE SHELVES CHANNEL PROJECT DUWAMISH WON'T BE SITE FOR CONTAINER TERMINAL
Bruce Johnson |
The Port of Seattle has scrapped plans for widening and deepening Duwamish Waterway to develop the c
Maritime
INSURANCE INDUSTRY LAMBASTED BY PUBLIC RELATIONS OFFICIAL
(Ap) |
A Philadelphia public relations executive has faulted the increasingly criticized insurance industry
LONG ROAD TO CONVERSION
Tom Mcniff Jr. |
Union Mutual Life Insurance Co. policyholders will vote in late October on a plan to convert the fir
JAPAN URGED TO REVAMP ECONOMIC STRUCTURE
A.E. Cullison |
Japan should overhaul its economic structure to put it more in tune with the global economy, a gover
Maritime
INDIA PLANS TO BOOST SOFTWARE EXPORTS
Trevor Drieberg |
Exporters of computer software from India will receive all tax benefits applicable to other exports
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Chinese Firm Seeks Factory DirectorsThe Shenyang Automobile Factory Co. has advertised natio
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
Orion Plans Block Sale Of Share in Colo. FirmOrion Capital Corp. said it decided to sell its
SHOEMAKERS GAIN FOOTHOLD IN INDIA
Journal of Commerce Special |
Several internationally known manufacturers of leather footwear are set to establish joint ventures
Maritime
NEWSPAPER SUES LOS ANGELES PORT
Bill Mongelluzzo |
A Southern California newspaper filed suit against the Port of Los Angeles charging the port is with
Maritime
HOUSE SINKS PLAN TO MOVE NAVY PROGRAM
Journal of Commerce Staff |
The House of Representatives defeated an amendment that would have transferred the Navy's aircraft c
Maritime
COFFEE MARKET BOTTOM APPEARS TO BE FORMING
Stan Willis |
The world coffee futures market appears to be in the process of forming a bottom, analysts told Knig
COCOA OFFICIAL SEES 54,000-TON SURPLUS
JOC Staff |
The world cocoa market should see a surplus of supply over demand of 54,000 metric tons in 1985/86 c
MARITIME BRIEFS
Wire and Staff Reports |
Cleveland-Cliffs Seeks To Scrap Cargo VesselThe Cleveland-Cliffs Steamship Co., Cleveland, O
Maritime
FARM CREDIT OFFICIALS PROJECT CONTINUED LOSSES
(Ap) |
The Farm Credit System, the nation's largest farm lender, will lose up to $1.8 billion this year and
GERMAN POLICE PROBE TAMIL JOURNEY
(Ap) |
Sri Lankan refugees in West Germany are closing ranks and insisting they know nothing about a scheme
Maritime
ON THE MOVE.
Staff Report |
ACL Realigns As ExecutivesAssume PostsFour executives of Atlantic Container Line rec
BANK OFFICIAL JAILED FOR FRAUD HONG KONG OTB'S MANAGER GETS THREE-YEAR SENTENCE
P.T. Bangsberg |
The former general manager of failed Overseas Trust Bank Ltd. was jailed for three years for his par
Maritime
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