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COMMODITY BRIEFS
From Wire and Staff Reports |
CFTC Names Hanbury As General CounselThe Commodity Futures Trading Commission named Marshall
4 US COMPANIES SELL GRAIN TO CHINA
(Ap) |
Exporters have sold China about 150,000 metric tons of wheat under a new million-ton subsidy program
BASE METAL BOOM ON THE HORIZON
P.T. Bangsberg |
A boom in demand for many base metals is likely in the next few months, with tin prices rising to ab
BRUNEI BANK PLAN AIMS TO END CRISIS
P.T. Bangsberg |
A formula to resolve the financial crisis at National Bank of Brunei Bhd. will be put to creditors n
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SLUMP IN DRILLING ACTIVITY WIDENS SCHLUMBERGER LOSSES
Journal of Commerce Staff |
Schlumberger Ltd. reported a loss of $2.18 billion in the fourth quarter, compared to a loss of $373
GA. DROPS BUILDERS' RISK OBJECTIONS
Leah R. Young |
The first U.S.-based risk retention group, Home Owners Warranty Corp., and the Georgia Insurance De
SPOT PRODUCT PRICES
JOC Staff |
February 12, 1987 U.S. spot oil products price indications, sellers range, in cents per gall
EXPORTERS SEEK DETAILS OF EX-IM CHANGES
Rose A. Horowitz |
Bechtel was sure it would win the contract for a training center tied to a pipeline project in Egyp
INSIDE TALK ON INSURANCE
James Nolan |
DOCTORS AND LAWYERS are studying together. Resident physicians at the Albany, N.Y., Medical Center a
EARNINGS JOHN HANCOCK CITES HIGHER NET GAIN
JOC Staff |
John Hancock Mutual Life Insurance Co. reported a net gain from operations of $134 million, compared
CHINA SET TO REDUCE FREIGHT RATES
P.T. Bangsberg |
A new challenge to embattled ocean liner conferences is in the offing. China intends to cut ocean fr
Maritime
HEALTH STUDY CHALLENGES CHIP SECTOR
Boston Globe |
Officials at the National Institute for Occupational Safety and Health are reviewing a major Massach
MARKETS SEEN BENT ON DOLLAR SHAKEOUT
RIPLEY WATSON Jr. |
The international currency markets have a propensity for a further shakeout in the U.S. dollar, an e
NY SMOKING RULES QUESTIONED
(Ap) |
A tobacco industry lobbying group is continuing to study the possibility of challenging in court New
CORRECTION CLARIFICATION
JOC Staff |
The Craeybeckx, a ship put into service by Marine Transport Overseas of Antwerp, entered service Tue
Maritime
WORLD TODAY
From Wire and Staff Reports |
Bush Hints at Discord LANSING, Mich. - Vice President George Bush said that within the admin
GUILFORD TAKES ON WORK RULES UNION OFFICIALS SEE QUIET MOVE TO CREATE 'RAILROADER' CATEGORY
TOM McNIFF Jr. |
Railroads, faced with rigid and restrictive union work rules, have sold off thousands of miles of b
FISHERMEN GATHER IN WASHINGTON TO GRAPPLE WITH SAFETY CONCERNS
James Nolan |
The reception is in an ante room on the Senate side of the U.S. Capitol. It's a shoulder-to-shoulder
NORTHWEST MARINE'S FUTURE MAY HINGE ON TWO BALLOTS
Journal of Commerce Special |
Northwest Marine Iron Works, which filed for protection under U.S. bankruptcy laws last October, is
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
7 Bodies Found as Hunt For Sunken Ship Goes OnSeven bodies have been recovered near Shanghai
Maritime
SOVIETS WANT EUROPEAN MEET ON TRANSPORT
Albert Axebank |
The Soviet Union has issued an appeal for holding a high-level all-European conference on transport,
CONSUMERS STOKE FIRES OF PHILIPPINE ECONOMY
Richard Gourlay |
The Philippine economy is showing new signs of life, thanks to an increase in consumer spending and
Maritime
MEDUSA MEMBERS FORM POOL CONFERENCE HOPES PACT WILL PROVIDE STABILITY TO TRADE
Alan F. Schoedel |
The 12 member lines of the Mediterranean USA Conference have agreed to form a revenue pool for cargo
Maritime
PORT TO DOUBLE RAIL YARD CONSULTANT'S FEE
Maureen Robb |
The port of San Francisco will pay a consultant $100,000 to help it develop its empty on-dock contai
Maritime
PORTLAND STAYS WITH 2 SHIP LINES
Journal of Commerce Special |
The Port of Portland Commission approved a new joint three-year contract with Evergreen Line and Jap
Maritime
TOYOTA SAYS NET INCOME FELL 44.4 PERCENT
(Ap) |
Toyota Motor Corp., Japan's largest automaker, said its net income for the six months ended in Decem
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Mexican, EC Officials Look to Boost ContactsMexican and European Community officials met pri
Maritime
KAISER STEEL SEEKS CHAPTER 11 PROTECTION
(Ap) |
Kaiser Steel Corp. and the wholly owned subsidiary Cottonwood Canyon Land Co. filed for Chapter 11 p
Maritime
PORT GROUP'S TOZZOLI RETIRES
(Ap) |
After 40 years with the Port Authority of New York and New Jersey, Guy F. Tozzoli, the man who opene
Maritime
INTERNATIONAL LOANS
From Wire and Staff Reports |
IMF BANGLADESH - $280 million loan package from the International Monetary Fund. About $170
Maritime
FORMER RIVALS AGREE ON TRADE
(Ap) |
Alan Cranston and Ed Zschau, former rivals for the U.S. Senate, finally had their first face-to-face
Maritime
BANKAMERICA'S REPRIEVE COULD BE SHORT-LIVED
(Ap) |
BankAmerica Corp. needs to live up to its promise of turning an operating profit by the end of 1987
Maritime
JAPAN TRADE SURPLUS DIPS IN JANUARY
(Ap) |
Despite increases in ship, auto parts and business machines exports, Japan' trade surplus fell to $4
Maritime
AIWA SET TO MARKET DIGITAL RECORDERS
(Ap) |
Japan's Aiwa Co. became the first company to announce formally a marketing date for a consumer digit
Maritime
CONSUMERS STOKE FIRES OF PHILIPPINE ECONOMY
Richard Gourlay |
The Philippine economy is showing new signs of life, thanks to an increase in consumer spending and
Maritime
JAPAN LIKELY TO MAINTAIN ITS EXPORT DRIVE TO EC
(Ap) |
Japanese exports to the European Community are likely to continue to grow in 1987, preventing any su
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
2 US Ships Leave Israel TEL AVIV, Israel - The aircraft carrier USS Kennedy and the ammuniti
Maritime
CARRIERS FIND THEIR NICHE DEPRESSED RATES EXPECTED TO CONTINUE
Bill Mongelluzzo |
The air freight and expedited motor carriers have found their niche in the transportation industry.<
TOYOTA MOTOR REPORTS 44.4 PERCENT DROP IN NET
(Ap) |
Toyota Motor Corp., Japan's largest automaker, said its net income for the six months ended in Decem
Maritime
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