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WAITING, WATCHING IN THE GULF
Juan O. Tamayo |
After weeks of Reagan administration bluster and bloodcurdling Iranian retorts, the Persian Gulf is
Maritime
US PREPARES FOR GULF ESCORT
Chicago Tribune |
In the shimmering heat of the Arabian Sea, against the backdrop of scorched brown mountains, U.S. Na
Maritime
KUWAITI TANKERS HELD SAFE, THOUGH FAILING US STANDARDS
TOM McNIFF Jr. |
Some of the Kuwaiti tankers due to come under U.S. flag will not initially meet some Coast Guard ins
Maritime
KUWAITI TANKERS HELD SAFE, THOUGH FAILING US STANDARDS
TOM McNIFF Jr. |
Some of the Kuwaiti tankers due to come under U.S. flag will not initially meet some Coast Guard ins
Maritime
GENERATING A TRIP TO CHINA
JOC Staff |
Four 53-ton steam generators were shipped recently from Tacoma, Wash., to China on the Sinotrans ves
Maritime
FRENCH FREIGHTER ATTACKED OFF SAUDI ARABIAN COAST
(Ap) |
Two Iranian gunboats attacked the French freighter, Ville d'Anvers, with rockets and machine gun fir
Maritime
COURTS NEARLY ADJOURNED ON DES-RELATED LAWSUITS
Francis J. Moriarty |
One of the country's best known DES attorneys told delegates to the American Trial Lawyers Associati
UK MALPRACTICE SUIT BRINGS RECORD $1.7 MILLION AWARD
(Ap) |
A judge awarded the equivalent of $1.7 million to a former student who suffered brain damage caused
FRANK B. HALL NAMED IN SUIT
Journal of Commerce Staff |
Frank B. Hall & Co. said it was named in a suit seeking at least $120 million in damages over allega
PAINEWEBBER RATES STOCK OF FIREMAN'S FUND A BUY
Journal of Commerce Staff |
PaineWebber analysts continue to rate the stock of Fireman's Fund Insurance Co. a buy two weeks afte
AMERICAN LEGION OFFICIAL RAPS VETERANS INSURANCE COLLECTION PLAN
Journal of Commerce Special |
A plan to reduce U.S. costs for veterans' health care by collecting from their insurance policies ha
INVESTOR BOOSTS TEXACO STAKE AGAIN
(Ap) |
Robert Holmes a Court, an Australian financier known for his takeover forays, said he has raised his
SPOT PRODUCT PRICES
JOC Staff |
July 13, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INTERNATIONAL CALENDAR
JOC Staff |
Harmonized System Training Course. Series of three-day courses (running July through December) spons
Maritime
DOLLAR RISES ON INFLATION DATA
Knight-Ridder Financial |
The U.S. dollar rose to a high for the week Friday in quiet trading. Analysts said the dolla
FINANCIAL BRIEFS
Wire and Staff Reports |
Banks Allow Bolivia To Repurchase DebtBank of America announced Friday that commercial bank
FIVE VENEZUELAN FIRMS TO PREPAY $1.3 BILLION DEBT
JOC Staff |
Five Venezuelan public companies plan to pay $1.3 billion of refinanced debt ahead of schedule, the
TAIWAN'S MOVES ON CURRENCY BAFFLE BANKERS
JAMES McGREGOR |
Bankers and traders are still uncertain what the real impact will be when the government eases forei
HONG KONG BANKER POSTS $1 MILLION BAIL
P.T. Bangsberg |
Having decided against fighting extradition, the former managing director of failed Ka Wah Bank appe
MERC ENFORCEMENT CITED
Chicago Tribune |
The Chicago Mercantile Exchange failed to investigate fully possible trading practice violations ind
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
STOCKS INCH UP IN SLOW TRADING
Knight-Ridder Financial |
The Dow Jones average of 30 industrials inched ahead to a 4.78-point gain Friday, closing at 2455.99
ROHM & HAAS TO SELL UNIT
Journal of Commerce Staff |
Rohm & Haas Co. announced it will sell its Kydex acrylic polyvinyl chloride sheet assets to Kleerdex
COST OF CREDIT
JOC Staff |
Fri., July 10, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PLASTICS CORNER DOW PLANS TO HIKE LLDPE PRODUCTION
Journal of Commerce Staff |
Dow Chemical Co. plans to add 320 million pounds of capacity for Dowlex linear low density polyethyl
CHEMICAL MARKETS CORROSION CHEMICALS DEMAND TO RISE
Journal of Commerce Staff |
Corrosion inhibitor chemicals demand in 17 major U.S. chemical market segments is expected to rise t
SEPT-ILES STRUGGLES TO REGAIN TRAFFIC
Leo Ryan |
The deepwater port of Sept-Iles, 550 miles from Montreal on the north shore of the St. Lawrence Rive
Maritime
AIRLINE CONSUMER BILL READIED
Journal of Commerce Staff |
Airlines would face some of the toughest consumer rules yet under a bill being prepared by three sen
Air Cargo
AIRGAS COMPLETES ELKEM VENTURE
Journal of Commerce Staff |
Airgas Inc. announced the conclusion of a previously announced agreement with Elkem Metals Co. to fo
ISRAEL DROPS BAN ON SAILORS FROM EGYPT
(Ap) |
The government reversed an eight-month-old order barring Egyptian sailorsfrom going ashore i
Maritime
RESOLUTION HITS CANADA SHIP BID
Tim Neale |
The chairman of the House Merchant Marine and Fisheries Committee has consider able support lined up
Maritime
NUCLEAR NAVIES TARGET OF GREENPEACE EFFORT
(Ap) |
The international environmental organization Greenpeace has launched a campaign to oppose nuclear na
Maritime
'EXOCET ALLEY' HOT TOPIC AMONG SAILORS
(Ap) |
"Exocet Alley" is what Persian Gulf sailors talk most about these days at the bar, billiard tables a
Maritime
IRAN UNLIKELY TO LAUNCH GULF ATTACK
(Ap) |
Jane's Defense Weekly says Iran has built up its navy to unprecedented strength in response to U.S.
Maritime
PUROLATOR AIMS TO PERCOLATE SHIPPER INTEREST
Gregory S. Johnson |
Purolator Courier Corp. has begun hitting the road to sell its two-day or less regional ground deliv
Air Cargo
FAEROES SEEK ORDER BARRING US FRIGATE
(Ap) |
The Faeroe Islands on Friday called on Denmark to order a U.S. frigate out of the islands' waters af
Maritime
KOREA AIR SEEKS CHICAGO ROUTE IN CONTINUING US DISPUTE
Noel Fletcher |
South Korea may have discovered how to skirt a brick wall it claims the United States has thrown up
Air Cargo
AUDIT CITES MISUSE OF ARMY AIRCRAFT
(Ap) |
The Army Corps of Engineers has misused its emergency aircraft to fly officials at high cost to meet
Air Cargo
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