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STOCKS DRIFT IN DULL TRADING
Journal of Commerce Staff |
Stock prices drifted lower in lackluster trading Wednesday as sellers predominated following Tuesday
THE ECONOMY CONSTRUCTION SPENDING EDGES UP
From Wire and Staff Reports |
Construction activity edged up 0.3 percent in May as gains in construction of factories and office b
PLASTICS CORNER
Journal of Commerce Staff |
Emery Boosts Price Of PlasticizersEmery Chemicals has announced price increases for eleven p
HOUSE PANEL HIKES FUNDING FOR AVIATION
Dave Higdon |
In a bipartisan vote, the House Appropriations Committee Wednesday reported out fiscal 1988 transpor
Air Cargo
IRAQIS CLAIM SUCCESSFUL HIT ON LARGE VESSEL OFF IRAN
(Ap) |
Iraq said its jet fighters raided a large ship off Iran's coast Wednesday, a day after an Iranian gu
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
FAA General Aviation Facility in Maine OpenBANGOR, Maine - The Federal Aviation Administrati
Air Cargo
ARAB STATES TO PROVIDE SUPPORT FOR US IN GULF
(Ap) |
Arab states in the Persian Gulf have agreed to provide more logistical support for U.S. naval forces
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Marad Awards Pacts To Upgrade Navy ShipsThe Maritime Administration awarded contracts totali
Maritime
TANZANIA UPGRADING PORT
Howard Schissel |
Tanzania's principal port, Dar es Salaam, is in the midst of an ambitious $150 million program to mo
Maritime
FUNDING CUT 50 PERCENT FOR EVERETT HOMEPORT
Gloria Joseph |
As the aircraft carrier USS Nimitz pulls into Puget Sound for its temporary West Coast home, the Nav
Maritime
AT&T RATES CUT
JOC Staff |
Local telephone charges went up 60 cents a month Wednesday, while American Telephone & Telegraph Co.
CARICOM TO END TRADE BARRIERS TO REGIONAL GOODS IN 1988
Canute James |
Members of the Caribbean Economic Community will dismantle all barriers to regionally produced goods
HOUSE, SENATE CONFEREES MOVE TO RESCUE FSLIC
Knight-Ridder Financial |
House and Senate conferees on banking legislation moved toward final agreement Wednesday by tentativ
GLEASON TO REMAIN ON THE WATERFRONT
Bill Mongelluzzo |
Thomas W. "Teddy" Gleason may be leaving the top job at the International Longshoremen's Association
INTERIOR REVISES RULES ON ROYALTY RATE CUTS
Tim Sansbury |
The Interior Department issued new guidelines under which coal companies mining on federal lands wil
WHAT MANUFACTURERS THINK
JOC Staff |
U.S. Competitive Position Establishing a competitive international position is a "very serio
Maritime
HONG KONG-US CURRENCY LINKS COULD BACKFIRE IN TRADE IMBROGLIO
P.T. Bangsberg |
Hong Kong's continued ties between its dollar and its U.S. counterpart could backfire, even though i
Maritime
FIRST PACIFIC EXPLAINS MOVE TO SELL HIBERNIA
P.T. Bangsberg |
Moves to sell all or part of San Francisco-based Hibernia Bank are dictated by strategic considerati
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FREIGHT RATE FUTURES
JOC Staff |
July 1 Baltic International Freight Futures ExchangePrev.Close High Low
Trucking News
ACQUISITION BY AMERICAN PUZZLES INDUSTRY ANALYSTS
Leo Abruzzese |
American Carriers Inc. took a bold step last week when the truck line announced its plan to buy bele
Trucking News
PANAMANIANS FRET OVER GAINING CONTROL OF STRATEGIC CANAL IN '99
Chicago Tribune |
Ten years after the United States agreed to turn control of the Panama Canal over to Panama at the e
Maritime
SWISS OK ASSISTANCE ON MARCOS ASSETS
(Ap) |
The Swiss Supreme Court, setting a precedent, ruled Wednesday that Swiss judicial authorities can as
VEHICLE EXPORTS FROM JAPAN FALL
(Ap) |
Japanese exports of cars, trucks and buses fell 8.3 percent in May from a year ago - the fourth cons
ONSHORE BILL GAINS SUPPORT FROM INTERIOR DEPARTMENT
(Ap) |
The Interior Department on Tuesday endorsed a bill to subject all onshore federal oil leases to comp
EXPORT BRIEFS
Wire and Staff Reports |
US Computer Firm Opens Singapore PlantCompaq Computer Corp. said it has opened a printed cir
Maritime
BUYING IN SOUTH KOREA
JOC Staff |
Traditional Exports To the United States: Heavy industrials, chemicals, electronic equipment
Maritime
AUTOMATED CARGO SYSTEMS ARE AN AREA OF COOPERATION
Kevin D. Thompson |
Airports waging the competitive battle for passenger fares will raise the white flag when developing
Air Cargo
HIGH IMPORTS FUEL INTERMODAL PERFORMANCE
Michael S. Lelyveld |
Intermodal business continues to ride the tide of high imports despite pessimistic growth forecasts
Rail News
PRUDENTIAL OPPOSES USL DEAL
James Nolan |
The Prudential Insurance Co. of America wants no part of a bankruptcy court deal to sell United Stat
Maritime
SENATE REJECTS PROPOSED OIL IMPORT CEILING
Keith M. Rockwell |
The Senate voted Wednesday to strike from its trade bill a provision which would have required the p
TRINIDAD BANS GARMENT IMPORTS FROM AREAS OUTSIDE COMMUNITY
Canute James |
Trinidad and Tobago has banned garment imports, except those produced by its neighbors in the Caribb
SOUTHEAST FIRMS STILL SETTING PACE
Orlando Sentinel |
Companies based in the Southeast continue to out-perform their national counterparts, according to J
WASHINGTON CRITICIZED ON REGULATION PLAN
Journal of Commerce Staff |
State insurance regulators blasted Washington for even thinking of regulating the insurance business
NORWAY ASKS US TO DELAY ACTION
Janet Porter |
The Norwegian government is still deciding how to respond to the U.S. Senate vote calling for a ban
INSURANCE BRIEFS
From Wire and Staff Reports |
Trading Begins On MBIA StockWHITE PLAINS, N.Y. - Trading on MBIA Inc.'s initial public offer
NEV. BANKS LOSE BID TO ENTER INSURANCE
Journal of Commerce Staff |
Legislation allowing banks to expand into insurance was vetoed this week by Gov. Richard Bryan.<
KUWAIT COMPLAINS ABOUT LOW QUOTA
Journal of Commerce Special |
Oil Minister Sheik Ali Khalifa al-Sabah says Kuwait's new oil production quota of 996,000 barrels a
NINE MILE 2 GETS LICENSE WITH IMPROVEMENT PROVISO
(Ap) |
The Nuclear Regulatory Commission voted unanimously to give a full- poweroperati ng license to Nine
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
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