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DOLLARS FIRMS IN QUIET TRADING
Knight-Ridder Financial |
The dollar was slightly firmer against most foreign currencies at mid-day, having inched up from mid
EXPORT BRIEFS
Wire and Staff Reports |
Brazil Wheat Imports Expected to Rise 10 percentDespite an expected fall in Brazil's 1987 wh
Maritime
EXXON TO CUT CREDIT CARD RATES
Journal of Commerce Staff |
Exxon Co. U.S.A. announced that it will reduce the annual percentage rate for revolving credit charg
US LOSSES IN GULF RECALL FORMER DEALINGS WITH IRAN
(Ap) |
What began as a U.S. effort to show resolve in the gulf is bringing backmemories of former P
Maritime
CHINA RELIES ON US WOOD IMPORTS
Gloria Joseph |
China's modernization program is heavily dependent on one natural resourcefrom the Northwest
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Foreign Bond Sales Hit Record in JapanJapanese investors bought a record number of foreign b
NICARAGUA ECONOMY WAGES WAR OF SURVIVAL
(Ap) |
The Nicaraguan economy, pummeled by the Contra war, the U.S. trade embargo and scarce foreign aid, h
Maritime
LINE SEEKS FAR EAST SERVICE VIA HAWAII
John Davies |
In an action that could speed its entry into the Hawaiian trade, American President Lines is asking
TVA AWARDS COAL CONTRACTS
Journal of Commerce Staff |
The Tennesse Valley Authority purchased 17,300 tons of coal in six spot market contracts issued July
BALTIC FREIGHT INDEX
JOC Staff |
976.5 (July 31) Previous day - 969.5 The Baltic International Freight Futures Exchange in Lo
Maritime
TRANSPORT EARNINGS
JOC Staff |
Oshkosh Truck Net IncreasesOSHKOSH, Wis. - Oshkosh Truck Corp. reported net income for the t
Trucking News
US LAWMAKERS EYE FRENCH PHONE SYSTEM
(Ap) |
Members of Congress got a first-hand look at the French Minitel system of small computer terminals t
Maritime
FOREIGN AID OPPONENTS HIT PROPOSALS
(Ap) |
Prospects that Israel and Turkey will continue to receive major chunks of ashrinking U.S. fo
Maritime
US TRADE REPRISALS WORRY TAIWAN
JAMES McGREGOR |
The government of Taiwan is running scared, as the U.S. Congress works on legislation to punish cou
GREENSPAN ASSOCIATE FORMS CONSULTING FIRM
Journal of Commerce Staff |
M. Kathryn Eickhoff, former chief operating officer of the economicconsulting firm Townsend-Greenspa
PERU GETS MORE TIME ON PREFERENCE
Journal of Commerce Staff |
The U.S. Federal Maritime Commission reluctantly granted another short extension of its deadline for
Maritime
RANCHER TO CHAIR COMMITTEE OF TEXACO SHAREHOLDERS
(Ap) |
A wealthy Colorado rancher who is a former "Marlboro man" was chosen as chairman of a committee to r
UK WON'T SEND MINESWEEPERS
(Ap) |
Britain said Friday that it has no plans to send minesweepers to the Persian Gulf at present but wou
Maritime
DEMOCRATS SUPPORT PROPOSAL TO BLOCK SEABROOK, SHOREHAM
(Ap) |
A congressional proposal designed to prevent the Seabrook, N.H., nuclear power plant and the Shoreha
BRITISH COAL TO PUSH EXPORTS
Edwin Unsworth |
The British Coal Corp. said it is determined to defend its home market from foreign exports and at t
J.P. MCGEE, VP AT UPS, DIES
Journal of Commerce Staff |
James Patrick McGee of Weston, a vice president at Greenwich-based United Parcel Service, died last
Air Cargo
INTERNATIONAL CALENDAR
JOC Staff |
Fraud Auditing Techniques. Aug. 4-6, University of Delaware, 2800 Pennsylvania Ave., Wilmington, Del
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Mexico Plans Program To Stop Illegal CropsThe government will begin a pilot program in three
Maritime
MARITIME CALENDAR
JOC Staff |
The Society of Naval Architects and Marine Engineers, Gulf Section. Symposium on American ship produ
Maritime
THE ECONOMY
From Wire and Staff Reports |
US Factory Orders Rose 1.7 percent in JuneWASHINGTON - Orders to U.S. factories for manufact
US TEXTILE MANUFACTURERS DECRY SAIPAN OPERATIONS AS QUOTA ABUSE
Mark Magnier |
U.S. textile manufacturers say the explosive growth of textile production in the Northern Mariana is
US PROMOTES JOINT VENTURES WITH CHINESE
(Ap) |
U.S. Ambassador Winston Lord has urged China to address U.S. concerns about doing business in China
Maritime
ISRAEL STOPS FUNDING JET PROJECT
(Ap) |
Production of the over-budget Lavi jet fighter plane may be halted even before a government decision
Maritime
SPOT PRODUCT PRICES
JOC Staff |
July 31, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
UTILITIES WIN ROUND ON DEFAULTED BONDS
(Ap) |
Utilities and others defending a multibillion-dollar suit over defaulted nuclear power plant bonds i
CHINA CRACKS DOWN ON BUILDING MISHAPS
(Ap) |
About 500 people have died this year in China in serious building accidents attributed to poor manag
Maritime
US INSURERS BECOME FARMERS RELUCTANTLY
Paula L. Green |
Some of the nation's top life and health insurers are becoming farmers by default. As govern
COAL MARKETS SOUTHERN CO. SCOUTING TO SUPPLY GEORGIA POWER
Tim Sansbury |
Southern Co. Services Inc., is back in the market to buy coal for Georgia Power Co. After an
NORFOLK SOUTHERN OPENS AUTO UNLOADING FACILITY
Kevin D. Thompson |
Ford Motor Co. hopes late vehicle deliveries and lack of coordination between rail and truck carrier
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
ScanCarriers Offers Service Through BostonScanCarriers is offering service to New Zealand an
Maritime
SEAWAY TOLL REBATES BEGIN
Tim Neale |
Algoma Central Railway, Sault Ste. Marie, Ontario, recently received a checkfrom the U.S. Tr
Maritime
CANADIAN EXCHANGE OPENING IS DELAYED
Leo Ryan |
The formal launching of a Canadian Insurance Exchange has been further delayed due to an insufficien
NY TIGHTENS REGULATIONS FOR CLAIMS-MADE FORMS
Journal of Commerce Staff |
Commercial insurance companies have even more restrictions to follow in using an already controversi
AMERICAN RELIANCE FILES SUIT
Journal of Commerce Staff |
American Reliance Group Inc. and its largest shareholder said they sued two investors Friday after r
BUCKEYE DECLARES DISTRIBUTION
Journal of Commerce Staff |
Buckeye Management Co., general partner of Buckeye Partners LP declared a quarterly partnership dist
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