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GLOBAL ROLE URGED FOR FARM TALKS
JOC Staff |
A top U.S. spokesman on farm trade says President Reagan's administration wants Japanese consumers t
Maritime
JAPANESE PRIME RATE HIKE SPURS RUSH TO ISSUE BONDS
Knight-Ridder Financial |
Medium-sized Japanese companies are rushing to issue privately placed bonds in a bid to raise funds
PROVIDENCE FEELS IMPACT OF LOSS OF CAR IMPORTS
Journal of Commerce Special |
Bulk cargo handled at the port of Providence increased some 125,000 tons in the 1987 fiscal year end
Maritime
TRANSPORT CALENDAR
JOC Staff |
NASA, 35th annual experimental aircraft association fly-in convention, July 31-Aug. 7, Oshkosh, Wis.
Air Cargo
STATE FARM CHIEF DIES OF CANCER
(Ap) |
Roland F. Marston, chairman of the State Farm Mutual Automobile Insurance Co., died at the age of 63
TRANSPORT EARNINGS
JOC Staff |
CNW Income Fell In Second QuarterCNW Corp. reported second quarter net income decreased to $
Rail News
BALTIC FREIGHT INDEX
JOC Staff |
965.0 (July 29) Previous day - 973.0 The Baltic International Freight Futures Exchange in Lo
Maritime
CRUDE MARKET CALMS DOWN AFTER 'HYSTERICAL' SESSION
Journal of Commerce Staff |
Crude oil prices edged up in quiet trading on the New York Mercantile Exchange Wednesday, following
COTTON FARMING RAISES STINK IN CALIF. COUNTY
(Ap) |
San Joaquin Valley officials get complaints each fall about the stench from defoliants that are spra
Maritime
ITALY'S WINE SECTOR FACES PRICING WOES
Chicago Tribune |
These days classy grape names such as Chardonnay and merlot dot Italian wine lists and designer Ital
Maritime
NIAGARA MOHAWK TO CUT NEARLY 400 UNION JOBS
(Ap) |
Union leaders at Niagara Mohawk Power Corp. reacted with a mixture of gloom and defiance to announce
YUGOSLAVIA PORT WORKERS END WALKOUT
(Ap) |
Some 5,300 employees at Yugoslavia's largest port of Rijeka went back to work Tuesday after a five-d
Maritime
M.A. HANNA OFFER TO EXPIRE AUG. 10
Journal of Commerce Staff |
M.A. Hanna Co., which recently announced a tender offer to acquire all outstanding stock of Day Inte
ENERGY BRIEFS
Wire and Staff Reports |
Sun Energy Reports Slight Dip in EarningsRADNOR, Pa. - Sun Energy Partners L.P. reported ear
BP AMERICA INC. MERGES ACTIVITIES
Journal of Commerce Staff |
BP America Inc. has combined financial trading activities for the former BP North America Inc. and T
US FIRMS GAIN TAIWAN APPROVAL FOR DIRECT TRADE
JAMES McGREGOR |
Units of Bristol-Meyers Co. and Tenneco Inc. are the first two companies to win approval to open for
SUGAR INDUSTRY PUSHES FOR END TO SUBSIDIES
Richard Lawrence |
Domestic sugar and sweetener producers said they will push for free world trade in sugar. As
CSX PLANS CENTRAL DISPATCH FACILITY
Kevin D. Thompson |
CSX Transportation claims it will become the first major railroad to dispatch all its trains from on
INSURANCE BRIEFS
From Wire and Staff Reports |
American Life Gets Go-ahead in S. KoreaSEOUL, South Korea - American Life Insurance Co. has
PRIMERICA REPORTS EARNINGS BOOST
JOC Staff |
Primerica Corp. said its earnings from continuing operations rose strongly for the second quarter.
THAI DROUGHT MAY HIT CORN OUTPUT
(Ap) |
A three-week-old drought has raised fears of heavy damage to Thailand's corn crop, the Bangkok Post
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Foreign Producers Of Granite TargetedA group of U.S. granite producers and fabricators asked
Maritime
EC DROPS AUTO PLANT INQUIRY
(Ap) |
The European Community Commission Wednesday called off an investigation into the financing of a $1 b
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Shutdown of Transtar Not Sign of InsolvencySouthwest Airlines, which said its Transtar Airli
Air Cargo
FERRY FIRM MUST PAY $640,000 FOR INQUIRY
(Ap) |
A judge has ordered the British ferry company Townsend Thoresen to pay 400,000 (US$640,000) in legal
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Wed., July 29, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
MERCK MOVE POINTS TO INDUSTRY CASH FLOW
Charles Thurston |
Merck & Co. plans to purchase up to $1 billion of the company's stock is indicative of the pharmaceu
COMMERCE PLUGS PLAN FOR S. KOREAN CONTRACT
Journal of Commerce Staff |
Diamond Alaska Coal Co.'s effort to win a coal supply contract from South Korea's national utility c
FEDERAL JUDGE SENDS SUIT AGAINST EXXON BACK TO STATE COURT
(Ap) |
A federal judge has dismissed a suit filed by a dissident ranch heir against Exxon Corp. and the Kin
US-BRAZIL TRADE CONFERENCE EXPOSES RANGE OF PROBLEMS
James Bruce |
Brazil is miscast as a villain in U.S. trade debates, but it will still make heroic efforts to resol
AIRBORNE IMPORTS TAKE OFF IN TAIWAN
James Mcgregor |
Air freight imports to Taiwan increased almost 50 percent in the first six months of this year compa
Air Cargo
WORLD TODAY
JOC Staff |
Judge Orders Trial Over Disputed DecimalNEW YORK - United States Lines won the opening round
GOVERNMENT SAFETY AGENCY SLAPS ELECTRIC BOAT WITH $615,000 FINE
C.A. Carpenter |
The Electric Boat Division of General Dynamics Corp. was slapped with a proposed $615,000 fine Wedne
PERSIAN GULF CRISIS REACTIVATES TIME-TESTED BRAND OF MINE WAR
James Nolan |
It's easy for either Iran or Iraq to lay underwater mines throughout the shallow Persian Gulf. And i
HONG KONG TOY SHOWS BATTLE FOR SUPREMACY
P.T. Bangsberg |
The timing of rival toy exhibitions to be held in Hong Kong is likely to cause confusion and logisti
Maritime
FLEDGLING LINE STEAMS UP FOR BUSINESS
Gregory S. Johnson |
It's barely two weeks old, but the fledging Red River Valley and Western Railroad is looking to grow
Rail News
AIRBUS TO BUY GE AND CFM JET ENGINES
(Ap) |
Airbus Industrie has placed more than $2 billion worth of purchase orders for aircraft engines made
Maritime
WEST GERMANY STRENGTHENS ITS TIES WITH VENEZUELA
John Sweeney |
West Germany is bullish on Venezuela despite this South American democracy's multiple economic diffi
Maritime
NEW PRODUCTS MARKETPLACE UK FIRM PRODUCES LIGHTER CONCRETE MIXER
JOC Staff |
A British-made lightweight concrete mixer features a new design that replaces the familiar heavy ste
Maritime
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