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SAUDI OIL TANKER ESCAPES ATTACK
(Ap) |
A fully laden Saudi Arabian oil tanker escaped a missile attack by an Iranian gunboat in the souther
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
WITCHING HOUR TO CAST ITS SPELL
Gordon Platt |
Stocks will continue to meander aimlessly until Friday, when the unpredictable "triple witching hour
GERMAN CLOCK MAKERS MARK TIME AS SECTOR LAGS
Alice Siegert |
Cuckoos, apparently, are no longer enough to sell cuckoo clocks. Nor, it seems, are dancing couples,
Maritime
DIASONICS SYSTEM APPROVED
Journal of Commerce Special |
Diasonics Inc. and Helsinki-based Instrumentarium Corp. announced that the ultra-low-field magnetic
Maritime
STEEL PLAN ATTACKED IN EUROPE
(Ap) |
The European Commission said cuts in steel production capacity proposed by European steelmakers is i
Maritime
NICARAGUA MOVES TO PROTECT ASSETS
(Ap) |
Nicaragua is moving to prevent foreign bankers from seizing its assets as payment of back interest o
Maritime
CHEMICAL MARKETS CELANESE ANNOUNCES PRICE HIKES
Journal of Commerce Staff |
Celanese Chemical Co. announced an increase in the selling prices of acetic acid and vinyl acetate,
MELON PACKERS AGREE TO PAY $8.2 MILLION
(Ap) |
Twenty California cantaloupe packers have agreed to pay up to $8.2 million in a settlement with 5,00
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Tanker Spills Oil After Crash in Ise BayA Liberian-registered tanker collided with a Panaman
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
NJ COMPANY BUYS DESOTO BUSINESSES
Journal of Commerce Staff |
Desoto Inc. said it sold its fatty acid, fatty amide and metallic stearate businesses to Plastic Spe
SAN DIEGO UTILITY SEEKS RATE HIKE FOR COGENERATORS
(Ap) |
Local industries that make their own electricity could see increases of up to 50 percent in their el
TWRA WON'T HIKE SURCHARGE GROUP TO KEEP FEE AT 21 PERCENT FOR EXPORTS MOVING TO JAPAN
Maureen Robb |
The TransPacific Westbound Rate Agreement said it canceled a planned increase in its currency surcha
Maritime
HOW EXECUTIVES VIEW D&O CRUNCH
Paula L. Green |
Brokers agree with the results of a Peat, Marwick Mitchell & Co. study showing nine out of 10 corpor
ON THE MOVE AEB NAMES JOHN SLANG TO NEW POST
Staff Report |
American Express Bank Ltd., a unit of American Express Co., named John L. Slang senior vice presiden
FIRST PACIFIC REGISTERS BIG GAINS
P.T. Bangsberg |
The trading and marketing unit of the rapidly growing First Pacific Group reported a 128 percent inc
Maritime
UNION DEMONSTRATES SOLIDARITY WITH RALLY AT CROWLEY OFFICES
Gloria Joseph |
A record was being set in Seattle by a labor union, and those involved seemed mighty proud of it.
Maritime
INDONESIA, JAPANESE SIGN LOAN AGREEMENT
Journal of Commerce Staff |
Indonesia has signed a $905 million loan agreement with the Export-Import Bank of Japan. Ind
Maritime
JAPANESE-OWNED COMPANIES IN US EXPANDED ASSETS FROM 1982-85
Journal of Commerce Special |
Japanese-owned companies operating in the United States grew in both number of employees and net fix
Maritime
DAVE CAWTHORNE'S INSIDE TALK ON TRANSPORTATION
Dave Cawthorne |
RUMORS ARE CIRCULATING in Washington about attempts to negotiate agreements aimed at settling some
UNITED DISPUTES CHARGE OF BILKING ITS CUSTOMERS
(Ap) |
United Airlines has been accused in a class-action lawsuit of cheating thousands of customers in its
CPI RISES 0.7 FOR NORTHEAST
(Ap) |
The Consumer Price Index for the Northeast rose .7 percent in January 1987 over the month before be
WEEK AHEAD
From Wire and Staff Reports |
Factory Output Report WASHINGTON - Capacity utilization figures for February are expected to
INTRODUCING THE BATMOBILE AND THE ANTEATER-EATER
Michael S. Lelyveld |
First came the Anteater. It wasn't the squat, long-nosed animal, but the first of a new breed of aer
NRC GRANTS LICENSE TO GA. NUCLEAR PLANT
(Ap) |
Georgia Power Co. is being allowed to proceed with full power operation of the nearly $9 billion Uni
LEGAL SKIRMISH ENDS IN DRAW AT GENOA
Gary Taylor |
A local court has declared illegal the unilateral action taken by the port director of Genoa suspend
Maritime
CHICAGO MERC SIDESTEPS BAN ON DUAL S&P TRADING
Knight-Ridder Financial |
The board of governors of the Chicago Mercantile Exchange decided not to act on a member petition to
SWISS BANK ENTERS AUSTRALIA
Vincent W. Stove |
Union Bank of Switzerland, the largest bank in that country and 10th largest in the world, is the la
VOLKSWAGEN FIRES OFFICIALS FOLLOWING EXCHANGE SCANDAL
(Ap) |
Volkswagen, the giant West German carmaker, fired its chief foreign exchange trader Friday and remov
SUGAR PRICES RISE BUT STILL BELOW CONSUMERS' COST
(Ap) |
Although the world price of sugar has risen sharply, it still is far below what U.S. consumers must
INTERNATIONAL LOANS
JOC Staff |
WORLD BANK INDIA - $140 million for Oil India Ltd.'s oil and gas exploration and production,
Maritime
HONG KONG BEGINS '87 WITH BANG IN US TRADE
P.T. Bangsberg |
Domestic exports and re-exports to the United States began the year at a cracking pace, with increas
Maritime
SMALL CIRCLE OF RESIDENTS DEDICATED TO ARIZ. TOWN
(Ap) |
Half the residents of Ajo have moved away since the copper mine shut down and scores of homes stand
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Trucking Associations Ratify Merger PactThe boards of directors of two major trucking associ
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Ford and Chrysler improved sales in the first 10 days of March but industry-lea
ECONOMIC DATA SPUR OPTIMISM
John Boyd |
The favorable economic reports keep coming in, with good news on wholesale prices and industrial act
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
China Cites 19.3 percent Rise In W. German TradeTrade between China and West Germany reached
Maritime
SHIPS WAIT TO UNLOAD IN LONDON NEW SUGAR UNLOADING EQUIPMENT PROVES DEFECTIVE
Nicola Haynes |
Six ships have been waiting for a month or more to discharge sugar at a London refin ery because of
Maritime
S. KOREA EMERGES AS MOST LIKELY TO SUCCEED
(Ap) |
Shrewd traders, cheap wages, tireless workers, big savers - all have pushed South Korea to the top
Maritime
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