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EARNINGS
JOC Staff |
SFSP Earnings Down for QuarterSanta Fe Southern Pacific Corp. reported a fourth quarter net
TRADING SUSPENDED IN CATHAY STOCK
P.T. Bangsberg |
One of the colony's oldest and largest trading conglomerates asked for suspension of trading of its
CLIMATE GOOD FOR SHIPPERS AIR CARGO OFFICIALS PREDICT CONTINUED LOW RATES
Larry Sterne |
U.S. shippers can look forward to continued low air freight rates for their international exports th
'RE-ENGINING' PLANNED FOR JET
Journal of Commerce Staff |
Valsan Inc. announced it would re-engine a Boeing 727-200 owned by Sterling Airways of Copenhagen, D
FOREIGN VISITS
From Wire and Staff Reports |
Koch Meeting Rejected WARSAW, Poland - Gen. Wojciech Jaruzelski will not meet with visiting
AVIATION BRIEFS
From Wire and Staff Reports |
Airbus A320 Scheduled To Make Debut Feb. 14Airbus Industrie said the world's newest commerci
UN SEES DECLINE IN CENTRAL AMERICA
WILLIAM A. ORME Jr. |
Central America, ravaged by civil wars, remains the most economically depressed region of the hemisp
ON THE MOVE
Staff Report |
2 Named To HeadPayne UnitE.W. Payne Cos. Ltd. announced formation of a new reinsuran
FOREIGN HEADLINES
From Wire and Staff Reports |
Resignations Offered TAIPEI, Taiwan - Premier Yu Kuo-Hwa and several top government and ruli
GROUP OF 5 MEET UNCERTAIN REPORT OF FEB. 7 FINANCIAL HUDDLE MERELY RUMOR?
John Boyd |
The top financial authorities of the five major industrial nations could huddle soon, but sources sa
DUTCH CHEESE FACES US IMPORT SQUEEZE
Simon Cameron-Moore |
Dutch cheese exporters have had little opportunity to send extra shipments of cheese to U.S. custome
KNIGHT-RIDDER EARNINGS RISE
Journal of Commerce Staff |
Knight-Ridder Inc. announced fourth quarter 1986 earnings of $43.7 million, or 75 cents a share, up
THE ECONOMY
From Wire and Staff Reports |
Sales of Existing Homes Hit Record in DecemberA rush to take advantage of expiring tax break
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe mood in Brussels about the prospects of averting a trans-Atlantic trade war
NEW IBM COMPUTER MOST POWERFUL EVER
(Ap) |
International Business Machines Corp. announced its most powerful computer ever, a box containing si
LOYAL CUSTOMERS STAY WITH TROUBLED USL
Gregory S. Johnson |
Despite United States Lines' financial problems, several big shippers say they're sticking with the
MOOD IN TRADE TALKS CALLED MORE HOPEFUL US, EC IN FINAL PUSH TO RESOLVE DISPUTE
Janet Porter |
Negotiations between U.S. and EC officials will continue today and Wednesday by telephone and video
WORLD TODAY
From Wire and Staff Reports |
USDA Targets China WASHINGTON - The U.S. Department of Agriculture announced it targeted Chi
US POUNDS ON JAPAN'S DOOR TODAY ABOUT COMPUTERS, OSAKA AIRPORT
A.E. Cullison |
Negotiators from the United States and Japan are scheduled to launch a series of talks today on how
HONG KONG OPENS BOX FACILITY
P.T. Bangsberg |
Even as what's described as the world's largest container freight station was being opened in Hong K
FAR EAST SUPPLIERS COURT US BUYERS
Rosalind Rachid |
It's becoming cheaper and easier for U.S. buyers to negotiate with Far East suppliers. Asian
JAPAN PRESSED TO USE MORE SHIPS FROM AUSTRALIA IN BILATERAL TRADE
Vincent W. Stove |
The Australian government is pressuring Japan to use more Australian-flag ships in trade between the
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Choppers, Icebreakers Save 1,100 on Ice FloesHelicopters and icebreakers rescued about 1,100
Maritime
SECRETARY DOLE: TIME FOR UNIONS TO JOIN DOT ON DRUG PROBLEM
David M. Cawthorne |
Secretary of Transportation Elizabeth Hanford Dole hopes that legislation making major changes in ho
MARAD ASKED FOR PAYMENT ON SHIP LOAN
Journal of Commerce Staff |
The Maritime Administration received a request for payment on government- backed ship mortgage finan
Maritime
USL PLANS TO SELL 20 SHIPS BY MARCH 12 GIANT VESSELS TO BE SOLD THROUGH COURTS, CLEARING LIENS
Mark Magnier |
United States Lines Inc. said it expects to sell eight small containerships in the near future and a
Maritime
ARGONAUT ULCCS FIND EMPLOYMENT
Journal of Commerce Special |
The Swedish tankship owner Argonaut has found employment for two ultra-large crude carriers as stora
Maritime
WARTSILA, KLOSTER INK SHIP PACT
Bob Wesenberg |
Kloster Cruise signed a contract with Finland's Wartsila shipyard for construction of a 36,000-ton,
Maritime
117 SHIPS WORTH $600 MILLION LEFT NORWEGIAN REGISTRY IN '86
Journal of Commerce Special |
The 3.2 million deadweight tons of merchant shipping that left the Norwegian flag for foreign regist
Maritime
EFFECTS OF US AID DEBATED
Les Aldrich |
Loans and outright money grants to developing countries may have cut into U.S. agricultural exports,
LDC CEREAL NEEDS PEGGED AT 6.7 MILLION METRIC TONS
Knight-Ridder Financial |
Cereal shortfalls in 69 developing countries recently studied by USDA are estimated at 6.7 million m
CUSTOMS TO AUTOMATE DUTY PAYING SYSTEM
Journal of Commerce Staff |
The Customs Service plans to automate part of the import duty paying system. Eligible import
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Malaysia, Iran Near Palm Oil Sales PactOfficials from Malaysia and Iran have met to sort out
USDA SAYS MEXICO INCREASED 1986-87 CATTLE EXPORT QUOTA
Knight-Ridder Financial |
Mexico has increased its 1986-87 (September-August) cattle export quotabecause of good pastu
TOP 8 COTTON PRODUCERS LIKELY TO HOLD CROP SHARE
Knight-Ridder Financial |
The top eight cotton-producing countries should continue to produce 84 percent to 87 percent of the
COCOA COUNCIL SETS MARCH MEETING DATE
Knight-Ridder Financial |
The council of the International Cocoa Organization will reconvene March 16-27 to resume work on bu
US '87-88 COTTON EXPORTS HINGE ON NEW CROP'S SIZE
Knight-Ridder Financial |
U.S. 1987-88 cotton exports could total 6 million bales to 8 million bales, depending on the size of
COTTON USE ROSE 16 PERCENT IN 1986
Knight-Ridder Financial |
U.S. cotton use at the retail level increased 16 percent in 1986 from 1985, while consumption of man
WOMAN WINS AWARD FOR ACADEMY ACHIEVEMENT
Mark Magnier |
Jeanne Kraus has received a $10,000 award for being the first female graduate of the U.S. Merchant M
Maritime
ROTTERDAM DOCK STRIKE IN 2ND WEEK
Simon Cameron Moore |
The dockers strike in Rotterdam's conventional cargo sector entered its second week with chances of
Maritime
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