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DRUG TESTING MOVE BY DOT SUPPORTED
David M. Cawthorne |
Random testing of railroad and airline employees for alcohol or drug use drew immediate administrati
ON THE MOVE
From Wire and Staff Reports |
Evergreen Names ChangTo New PostJERSEY CITY, N.J. - K.H. Chang was named to the new
FINANCIAL
From Wire and Staff Reports |
US Bank Failures To Increase This YearFederal Deposit Insurance Corp. Chairman William Seidm
WEST COAST BRIEFS
From Wire and Staff Reports |
Dillingham Corp. Placed on Sale BlockPORTLAND, Ore. - Dillingham Corp. is up for sale, accor
Maritime
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
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
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
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
TRANSPORT CALENDAR
JOC Staff |
Transportation Industry Seminar, sponsored by Wertheim & Co. Inc. Jan. 28. Waldorf Astoria, New York
WORLD CARS SUES PORT OF JACKSONVILLE
(Ap) |
An automobile processing company has filed a $1.85 million lawsuit against the Jacksonville Electric
Maritime
CALIF. GOVERNOR TELLS NAKASONE OF US IMPATIENCE
(Ap) |
Prime Minister Yasuhiro Nakasone told California's Gov. George Deukmejian Wednesday that changing Ja
Maritime
TORT REFORM, BANK S ON NY INSURANCE AGENDA
Journal of Commerce Special |
The 1987 insurance agenda for the New York State Legislature is shaping up to be somewhat of a gener
COST OF CREDIT
JOC Staff |
Wednesday, January 21, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EARNINGS
JOC Staff |
Sales Net Income Per Share Company Period Latest Prior Latest Prior Latest Prior Pa
SENATE PANEL RIPS APART REAGAN'S BUDGET PLAN
John Boyd |
The president's proposed federal budget ran into criticism before the Senate Appropriations Committe
MULRONEY: ACID RAIN WAR VITAL CANADIAN WARNS US NOT TO PUT THE ISSUE ON THE BACK BURNER
Leo Ryan |
Prime Minister Brian Mulroney emerged with blunt words from a meeting Wednesday with U.S. Vice Presi
FOREIGN BUYING SEEN CONTINUING
Journal of Commerce Staff |
Foreign governments and private investors overseas will continue to put money into U.S. capital mark
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
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
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
CALIFORNIA TRUCKERS SUPPORT RATE INCREASE
Maureen Robb |
California truckers who carry household and office goods may get a 25 percent rate increase next wee
Maritime
GREYHOUND INSURER PLACED IN LIQUIDATION
C.A. Carpenter |
Pine Top Insurance Co. was placed in liquidation with about $76 million more in liabilities than ass
RATE-CUT HOPES HELP LIFT DOLLAR
Knight-Ridder Financial |
The U.S. dollar pushed broadly higher Wednesday on speculation Japan and West Germany may soon lower
OCCIDENTAL DISCOVERS OIL IN PERU'S AMAZON JUNGLE
(Ap) |
Occidental Petroleum Co. hit oil in the Peruvian jungle, and the well is capable of producing 8,065
ISRAEL PRIMED FOR DECONTROL
Journal of Commerce Special |
The gradual decontrol of the oil industry in Israel begins this month. "Decontrol includes a
SOUTH AFRICAN FARMERS SEE GOOD PROSPECTS FOR 1987
Knight-Ridder Financial |
Agricultural prospects in South Africa are the "best in years," the South African Agricultural Union
USDA PLANS TO BUY FRUIT, VEGETABLES
(Ap) |
The Department of Agriculture said it planned to purchase fruit and vegetable products, including or
USSR WILL DEFER TAXES ON JOINT VENTURE DEALS
Helen Ericson |
The Soviet Union will impose no taxes for the first two years on joint venture arrangements between
THE ECONOMY INFLATION RATE HITS 25-YEAR LOW
(Ap) |
Inflation registered the lowest reading in 25 years during 1986 with U.S. consumer prices rising on
US MANUFACTURING PAYS FAR MORE THAN IN ASIA
(Ap) |
The average U.S. factory worker earns as much as $9 for every dollar paid a worker in South Korea, L
GOLDEN ARCHES PLANNED FOR USSR
Rose A. Horowitz |
The golden arches of McDonald's may soon be attracting Moscow residents eager for the taste of a Big
Maritime
LATIN DEBTOR NATIONS ANTICIPATE LOWER RATES
(Ap) |
The indebted countries of Latin America can expect interest rates charged by foreign banks to fall n
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
MARITIME BRIEFS
From Wire and Staff Reports |
Sen. Lauricella Wins New Orleans AwardState Sen. Francis E. Hank" Lauricella of New Orleans
Maritime
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
STUDY URGES REDUCTIONS OF PREMIUMS IN NJ
(Ap) |
A task force of New Jersey corporate leaders, following a year-long study of liability insurance, ha
LEAK AT BRITISH NUCLEAR PLANT CONTAMINATES 12 WORKERS
(Ap) |
Twelve workers were contaminated by a radioactive leak at the world's largest nuclear reprocessing p
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