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ENERGY BRIEFS
From Wire and Staff Reports |
Taiwanese to Buy LNG From Indonesian FirmJAKARTA, Indonesia - Chinese Petroleum Corp. of Tai
US, LATINS EXPECTED TO SPAR ON CONTROL OF DEBT STRATEGY
Bernard J. Wolfson |
When Latin American debtors and their industrial nation creditors come head to head next week in Mia
NEWS SUMMARY
JOC Staff |
GENERAL NEWS One of the nation's most successful securities brokers will plead guilty to two
Maritime
BROKER TO OFFER GUILTY PLEA
JOC Staff |
Boyd L. Jefferies, one of nation's most successful securities brokers, said Thursday he would plead
THE ECONOMY PERSONAL INCOME INCREASES
From Wire and Staff Reports |
U.S. personal income rose 0.9 percent in February to a seasonally adjusted annual rate of $3.581 tri
BRAZILIAN RESIGNS, URGES FLEXIBILITY
James Bruce |
In its next round of international debt renegotiation talks with private commercial banks, Brazil mu
Maritime
LOWER COAL COSTS REDUCE NEW ENGLAND UTILITY'S RATES
Journal of Commerce Staff |
New England Electric System's retail electric prices have fallen substantially over the past five ye
NJ UTILITY WOOS NEW CUSTOMERS
Kirby V. Freeman |
Public Service Electric & Gas Co.'s area development department is aggressively hustling for new cus
MAJOR UK PORTS BOOST PROFITS AND INVESTMENTS
Bruce Barnard |
The U.K.'s main ports are making bigger profits and investing more, but their performance is still w
Maritime
LOGGING METHODS QUESTIONED
A.E. Cullison |
The World Wildlife Fund urged the International Tropical Timber Organization to replace current log
Maritime
LABOR CALL FOR STRIKE ROCKS ECUADOR ANEW
(Ap) |
A powerful labor confederation called a nationwide strike, handing President Leon Febres Cordero one
Maritime
IRKED WHEAT GROWERS TAKE BEEF TO SHULTZ
(Ap) |
Representatives of the nation's wheat growers, smarting over the falloff in grain sales to the Sovie
DUAL TRADING PROBLEMS SEEN UNIQUE TO S&P PIT
Laurie A. Morse |
Dual trading may be a hot topic at the Chicago Mercantile Exchange this month, but executives and tr
KASTELLORIZON: A TINY ISLAND WITH MUCH BIGGER ASPIRATIONS
Victor Walker |
Even in Greece, inhabited islands do not come much smaller than Kastellorizon, just one mile off the
Maritime
CANADIAN TRUCKERS WARY OF DEREGULATION EFFECTS
Leo Abruzzese |
Canadian truckers warned lawmakers that problems with pending deregulation proposals could be nearl
ABF FREIGHT EYES DROP IN EARNINGS
Leo Abruzzese |
Plummeting freight rates forced Arkansas Best Corp. into the swelling ranks of truck lines expecting
UK AVIATION MINISTER SAYS US RELATIONS GOOD
Lawrence Kaufman |
Although there are a number of subjects to be discussed with American counterparts, Michael Spicer,
US, CANADA TO RESOLVE TRADE FIGURES
Leo Ryan |
Canada and the United States have agreed to share customs statistics in an effort to eliminate discr
HOECHST BULLISH ON PHARMACEUTICALS
Jess Lukomski |
Hoechst AG is anticipating a marked improvement in its 1987 pharmaceuticals business, said Dieter La
AIR CANADA EXPANDING PACKAGE, COURIER SIDE
Journal of Commerce Staff |
Air Canada's plan to purchase Gelco Express Ltd. of Toronto, the second- biggest ground courier in C
UK UNVEILS PLAN TO LIQUIDATE STAKE IN BP
Bruce Barnard |
The British government announced it intends to sell its remaining 32 percent stake in British Petrol
MARITIME CALENDAR
JOC Staff |
Admiralty Law Society of St. John's University School of Law. Annual dinner. March 25 at the Downtow
Maritime
MARITIME BRIEFS
From Wire and Stff Reports |
Customs Finds Cocaine In Shipboard ContainerU.S. Customs Service inspectors discovered 1,400
Maritime
TAIWAN VOWS TO OPEN INSURANCE DOORS
P.T. Bangsberg |
Talks scheduled for this week between the United States and Taiwan on insurance services have been p
FINANCIAL BRIEFS
From Wire and Staff Reports |
Moody's Downgrades Merrill Lynch DebtMoody's Investors Service said Thursday it downgraded t
JAPANESE ADVISING FILIPINOS OFFICIALS PRESENT RECOMMENDATIONS FOR MANILA PORT
Richard I. Gourlay |
Japan International Cooperation Agency officials arrived in the Philippines Thursday to present reco
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
HOUSE STRATEGY MAKES 65 MPH ON US HIGHWAYS A LIKELIHOOD
David M. Cawthorne |
Congress' decision to make repeal of the 55 mph speed limit part of the $87.5 billion highway and ma
ASEAN COOPERATION URGED
P.T. Bangsberg |
The six principal economies of Southeast Asia must coordinate their economic policies or risk being
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Swissair Board OKs Purchase of 6 MD-11sLONG BEACH, Calif. - McDonnell Douglas said Swissair'
BAN SUBSIDY, COURT URGED LYKES-APL SHIP SWAP STIRS WATERMAN REQUEST
Robert F. Morison |
Waterman Steamship Corp. wants to block subsidy to Lykes Bros. Steamship Co. Inc. and American Presi
Maritime
HONG KONG BANKS INCREASING
P.T. Bangsberg |
Confidence is again high in the local banking sector after a dramatic change in the last year, the C
IRAQ CLAIMS SHIP STRIKE
(Ap) |
Iraq claimed Wednesday its warplanes have struck three vessels off the Iranian coast in the past few
Maritime
NJ ROLLS OUT WELCOME MAT FOR NORTH STAR REINSURANCE
C.A. Carpenter |
North Star Reinsurance Corp. moved its headquarters two states away from its giant parent General Re
LOBBYING GROUPS HIT BUMP ON ROAD TO MERGER
Tim Sansbury |
The merger of the National Coal Association and Mining and Reclama-tion Council, which takes effect
NY CREATES PLAN TO AID SMALL FIRMS
Journal of Commerce Staff |
The state insurance department has completed the creation of a market assistance program to provide
THAI PRESIDENT HAILS RUBBER PACT
(Ap) |
The new price stabilization accord reached by 40 natural rubber producing and consuming countries wa
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 |
Thursday, March 19, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRANSIT AUTHORITY OUTLINES PROPOSAL TO FIX BUS DOORS
(Ap) |
Problems with the rear-door safety system on city buses persist six years after the Transit Authorit
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