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TRANSAMERICA POSTS INCREASE FOR QUARTER
Journal of Commerce Staff |
Transamerica Corp. said fourth quarter operating profit rose to $42.2 millionfrom $39.4 mill
FRUGALITY IS URGED IN CHINA
(Ap) |
China's leading newspaper reminded the nation that hard work and struggle must remain the watchwords
Maritime
FAMILY ALLOWED TO SUE MAKER OF HEART VALVE
(Ap) |
The Supreme Court, in a case affecting export of U.S. high technology, has allowed an Australian fam
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Supreme Court ruled that citizens may sue out-of-state sources of pollution.
Maritime
CHINA FIRES SCIENCE ACADEMY'S TOP OFFICIALS
(Ap) |
The Communist government fired the president and vice president of China's prestigious Academy of Sc
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
WEST COAST BRIEFS
From Wire and Staff Reports |
Dillingham Corp. Placed on Sale BlockPORTLAND, Ore. - Dillingham Corp. is up for sale, accor
Maritime
CANADIAN BULLISH ON FREE TRADE
William Armbruster |
The premier of British Columbia said he is more optimistic about the prospects for a free trade agre
Maritime
PROFIT-TAKING SLOWS STOCK RISE
RIPLEY WATSON Jr. |
Some favorable economic news and rumors of interest rate cuts abroad clashed with more spells of pro
FOREIGN BUYING SEEN CONTINUING
Journal of Commerce Staff |
Foreign governments and private investors overseas will continue to put money into U.S. capital mark
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
French Trade Surplus Reported for 1986France's December trade surplus totaled 3.7 billion fr
Maritime
FINANCIAL
From Wire and Staff Reports |
US Bank Failures To Increase This YearFederal Deposit Insurance Corp. Chairman William Seidm
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
CALIF. GOVERNOR TELLS NAKASONE OF US IMPATIENCE
(Ap) |
Prime Minister Yasuhiro Nakasone told California's Gov. George Deukmejian Wednesday that changing Ja
Maritime
MAZDA TO FOCUS ON SALES IN JAPAN
(Ap) |
Mazda Motor Corp. will concentrate this year on developing its share of the domestic Japanese auto m
Maritime
SOVIET SCIENTIST ISSUES CALL FOR GLOBAL NUCLEAR SAFETY RULES
(Ap) |
A high-ranking Soviet scientist conceded his nation was too slow to tell the world about the disaste
LATIN DEBTOR NATIONS ANTICIPATE LOWER RATES
(Ap) |
The indebted countries of Latin America can expect interest rates charged by foreign banks to fall n
PLASTICS CORNER USE SOARS IN HEATING, VENTILATING
Journal of Commerce Staff |
NEW YORK Engineering plastics used in the heating, ventilation and air conditioning market are growi
HOPE ERA ENDS AT MOBILE
Marie Prat |
In 11 years as director of the Alabama State Docks, Robert M. Hope has weathered two governors, the
Maritime
STRIKE THREAT GROWS AT MIAMI DOCKWORKERS, SEABOARD MARINE AT ODDS ON EMPLOYMENT ISSUE
Craig Dunlap |
A dockworkers' strike looms on the horizon at the port of Miami if Seaboard Marine Ltd. sets up oper
Maritime
CHEMICAL MARKETS REICHHOLD UNIT INCREASES PRICE OF RESIN
Journal of Commerce Staff |
Reactive Polymers Division of Reichhold Chemicals Inc. announced a price increase of 2 cents a pound
OLIN CORP.'S NET DECLINES SLIGHTLY
Journal of Commerce Staff |
Olin Corp. reported fourth quarter net income was $8.2 million, or 40 cents a share, down from $8.4
ETHYL CORP. REPORTS RISE IN EARNINGS
Journal of Commerce Staff |
Ethyl Corp. reported net income for the fourth quarter of 1986 increased 21 percent to a record $45.
BOFA SELLING ASIAN CARD UNITS
P.T. Bangsberg |
In a further pruning of assets, Bank of America is putting its Asian Visa card operations on the blo
Maritime
KEY PETROLEUM PRODUCTS FOLLOWING NORMAL PATTERNS
Journal of Commerce Staff |
Supplies of key petroleum products are following normal seasonal patterns with distillate declining
AMR REPORTS DECLINE IN FOURTH QUARTER NET
JOC Staff |
AMR Corp., parent of American Airlines Inc. reported fourth quarter net income declined to $6.6 mill
TRAFFIC CONTROL PLAN HITS SNAG IN CONGRESS
Tim Neale |
A key player in aviation issues before Congress said he has serious problems with industry proposals
KANSAI AWARDS CONTRACT TO BECHTEL CIVIL OF US
(Ap) |
The Kansai International Airport Co., planning to build a 1 trillion yen (US$6.5 billion) airport on
MARITIME BRIEFS
From Wire and Staff Reports |
Sen. Lauricella Wins New Orleans AwardState Sen. Francis E. Hank" Lauricella of New Orleans
Maritime
NAVY ESCORTS ADVOCATED FOR SHIPS IN GULF
(Ap) |
A retired U.S. admiral said he opposed arming merchant ships traveling in the gulf area, where more
Maritime
AMTRANS TO USE NON-ILA LABOR
Mark Magnier |
American Transport Line will use non-International Longshoremen's Association labor to load and unlo
Maritime
TRANSPORT CALENDAR
JOC Staff |
Transportation Industry Seminar, sponsored by Wertheim & Co. Inc. Jan. 28. Waldorf Astoria, New York
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe U.S. inflation rate is the lowest in 25 years, and home building performed s
Maritime
WILHELMSEN SEEKS ACCORD ON DEBT
Journal of Commerce Special |
Wilh. Wilhelmsen Ltd. is still deep in discussions with its creditors, in an effort to reach final a
Maritime
IATA MOBILIZES AGAINST US FEES
Felix Dearden |
The International Air Transport Association, which represents 150 airlines accounting for 75 percen
ROYAL VIKING PLANS TO ORDER LINER
Journal of Commerce Special |
The Kloster Group's Royal Viking Line expects to order a new cruise ship by the end of January.
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Ryan Says It Won Pact To Operate UPS FleetWICHITA, Kan. - Ryan International Airlines, which
TENN-TOM TONNAGE DOUBLED DURING '86
Marie Prat |
Tonnage on the Tennessee-Tombigbee Waterway more than doubled in 1986 over the previous year, but th
Maritime
HIGHWAY LEGISLATION UNDER WAY
David M. Cawthorne |
Highway funding legislation was moving on the legislative fast track in both houses of Congress this
GREEK SHIPPING CHAMBER PROPOSES MARINE STOCK EXCHANGE
Victor Walker |
The Greek Chamber of Shipping is seeking government authorization to set up a marine stock exchange,
Maritime
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