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MARITIME BRIEFS
JOC Staff |
UK's Tiphook Joins Container InstituteBEDFORD, N.Y. - British-based Tiphook Container Rental
Maritime
COURT REFUSES TO BAN NY PILOTS' JOB SWITCH
James Nolan |
A state court has denied a plea from McAllister Brothers Inc. to stop 12 former docking pilots from
Maritime
RAIL OPERATIONS SEEN NORMAL AT SANTA FE
Howard S. Abramson |
Operations were reported to be normal on the Atchison, Topeka & Santa Fe Railway Monday, despite a j
Rail News
JAPANESE OFFICIAL VISITS GULF TO DISCUSS RADIO AIDS
(Ap) |
A high-ranking Japanese government official is visiting the United Arab Emirates in the first leg of
Maritime
CORRECTION
JOC Staff |
A story on Gulf of Mexico ports published Nov. 16 gave an incorrect figure for the amount of grain
Maritime
MARIE PRAT'S INSIDE TALK FROM THE GULF COAST
Marie Prat |
A SECOND EFFORT to use non-union labor on the Mississippi River's public wharves in New Orleans will
Maritime
IRAN SHELLS TWO FREIGHTERS
(Ap) |
An Iranian frigate shelled two freighters bound for Kuwait and Saudi Arabia in attacks Monday that s
Maritime
NY JUDGE NIXES ATTEMPT TO HALT EXCHANGE VOTE
Paula L. Green |
A Supreme Court judge on Monday denied a last-minute attempt by six New York Insurance Exchange synd
WIS. ADMITS IT ERRED IN GRANTING APPROVAL OF AIDS EXCLUSIONS
(Ap) |
Wisconsin insurance regulators have confirmed they granted two insurance companies permission to mar
CHUBB POLICY TAILOR-MADE
Laura Raley Borda |
In what it calls a "radical re-thinking" of the personal lines insurance business, the Chubb Group i
CIGARETTE MAKER WINS TOBACCO LIABILITY SUIT
Journal of Commerce Staff |
The Liggett Group Inc., one of the six major U.S. cigarette manufacturers, announced in a prepared r
INSURANCE BRIEFS
From Wire and Staff Reports |
Pa. Governor Signs Bill Mandating Seat BeltsHARRISBURG, Pa. - Pennsylvania Gov. Robert P. Ca
VENEZUELA CONSIDERS BUYING BACK ITS DEBT
(Ap) |
Venezuela is considering purchasing portions of its own public-sector foreign debt, currently rated
DOLLAR DROPS IN THIN TRADING IN REACTION TO BUDGET ACCORD
Knight-Ridder Financial |
The U.S. dollar declined Monday in extremely thin volume and narrow ranges, as sluggish trading cont
FINANCIAL BRIEFS
Wire and Staff Reports |
Shearson Says It Seeks Merger With HuttonNEW YORK - Shearson Lehman Brothers Monday said it'
DEBT SWAPS TURN BANKERS INTO FISHERMEN
Mimi Whitefield |
A New York bank that decided it would rather be an investor than a creditor now owns part of a fishi
BRAZIL'S SWAP RULES MAY DOOM SCHEME
James Bruce |
Taking a closer look at new central bank rules for converting part of Brazil's international debt in
BANK OF CHINA PLANS OVERSEAS EXPANSION
P.T. Bangsberg |
The Bank of China plans to expand its overseas operations, including an office in Los Angeles, over
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
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 |
Mon., Nov. 23, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
RECORD COCAINE SEIZURE DRAWS MIXED REVIEWS
Wire and Staff Report |
The largest single cocaine seizure in the United States grew larger when federal and state drug agen
Maritime
BANK URGES ACTION ON CROP LOSSES
(Ap) |
Pests and diseases ranging from weeds to worms are responsible for a loss of 45 percent in food prod
Maritime
CARIBBEAN NATIONS SEEK INCREASE IN US IMPORTS OF REGION'S SUGAR
Knight-Ridder Financial |
Delegates from Caribbean sugar exporting countries are meeting with U.S. officials in Washington in
Maritime
HIGH-VALUE EXPORTS FROM US TO EUROPE SHOW IMPROVEMENT
Janet Porter |
The first tentative signs of an adjustment in the pattern of U.S. trade are becoming apparent in Eur
TOKYO REFUSAL TO OPEN PUBLIC WORKS PROJECTS MAY CAUSE US-JAPANESE TENSIONS TO INTENSIFY
A.E. Cullison |
Frictions between Washington and Tokyo are likely to heat up in light of repeated Japanese refusals
JAPAN TO OFFER INCREASED SUBSIDY OF SALARIES AT US MILITARY BASES
A.E. Cullison |
Prime Minister Noboru Takeshita will make an offer nearly doubling Japan's contribution toward the s
CHINA: INFLATION IS UNDER CONTROL
(Ap) |
Authorities claimed Friday to have brought under control and even reversed persistent consumer price
BRAZIL LOOKS FOR WAYS TO EASE THE THREAT OF US TRADE SANCTIONS
James Bruce |
Under mounting pressure from exporters to make some conciliatory gesture, the Brazilian government i
NEWS SUMMARY
JOC Staff |
AIR CARGO BA launches a nightly service to capture more European courier traffic. 5BAVIATION
ON THE MOVE SIEMENS UNIT TAPS SCHROMM FOR SALES POST
JOC Staff |
Tel Plus Communications Inc., a telecommunications equipment marketer owned by Siemens AG, Munich, W
EUROPEAN MARKETS SEEM UNIMPRESSED BY US BUDGET DEAL
Janet Porter |
"It's worth half a cheer," remarked one top London economist as the markets digested the contents of
CHRYSLER ADJUSTS AUTO PRODUCTION
(Ap) |
Chrysler Corp. will cut production at three assembly plants, eliminating 2,900 jobs, and increase ou
WORLD TODAY
From Wire and Staff Reports |
Emhart Sells Interests In South AfricaFARMINGTON, Conn. - Emhart Corp. announced Monday that
PORTS GROUP PUTS TRADE LEGISLATION IN SPOTLIGHT
Joseph Bonney |
The new president of the American Association of Port Authorities says the trade bill is the AAPA's
VIDEO OF SPEECH SHOWS RIFT BETWEEN SEAGOING UNIONS
Chris Dupin |
There's always been friction between rival seamen's unions, but the depth of their acrimony has seld
TALKS TO SELL SHORT LINES MUST INCLUDE RAIL LABOR RULING HANDS UNIONS MAJOR VICTORY
Howard S. Abramson |
A federal judge in Pittsburgh Monday handed railroad labor unions a major victory, ruling labor must
$7 BILLION A YEAR IN CARGO THEFTS PLAGUE OIL SHIPPING INDUSTRY
James Nolan |
Capt. Aghelos C. Boulalas has a mission. He says $7 billion in oil is being stolen annually
GIANT COIL PROPOSED FOR ELECTRICITY STORAGE
(Ap) |
The Defense Department, through its Star Wars program, wants to build an energy storage device that
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