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WORLD TODAY
from wire and staff reports |
Lumber Dispute WASHINGTON - The outlook for an agreement on the U.S.-Canadian softwood lumbe
GM STEERS CARS THROUGH TACOMA
Gloria Joseph |
General Motors Corp. has announced it will send 40,000 of its new Korean auto imports through the po
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Fisher Camuto Signs European Shoe DealFisher Camuto Corp., U.S. distributors of women's foot
Maritime
FRANCE EXPECTED TO ORDER ATR 42S
Howard Schissel |
The French air force is expected to order early next year the reinforced military cargo version of t
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
FINANCIAL BRIEFS
From Wire and Staff Reports |
Merrill Lynch to Sell Interest in Real EstateMerrill Lynch & Co., the nation's largest secur
NEW YORK MAN CHARGED IN INTERNATIONAL SCAM
(Ap) |
A Spring Valley man allegedly used a bogus insurance company with international ties to cheat 11 sub
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC Denies Petition To Clarify Cost DataThe Interstate Commerce Commission denied a petition
GUILFORD SAYS BOSTON LAX ON AMTRAK PLAN
TOM MCNIFF Jr. |
A Guilford Transportation Industries spokesman claims Boston area public transit officials do not ha
SOGGY SNOW SENDS POWER LINES PLUMMETING
(Ap) |
More than a foot of soggy snow blanketed eastern New York by Friday morning, dragging down power lin
THE 'FRAGRANT HARBOR' IS SMELLING LIKE A ROSE
(Ap) |
"Fragrant Harbor," as it is known in Chinese, has long been considered one of Asia's most attractive
Maritime
WATERMAN BACKS SUBSIDY CURBS
Robert F. Morison |
Waterman Steamship Corp. asked the secretary of transportation to retain restrictions on subsidized
Maritime
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
SPOT PRODUCT PRICES
JOC Staff |
December 19, 1986 U.S. spot oil products price indications, sellers range, in cents per gall
CONSUMER PRICES RISE MODERATELY
(Ap) |
Consumer prices, led by increases in food and new automobile costs, climbed 0.3 percent in November,
POLAND GETS POWER TO FREEZE WAGES
(Ap) |
The Polish Parliament approved a package of economic legislation giving the government power to free
Maritime
SOUTHERN AIR GETS HAIRY ASSIGNMENT
Journal of Commerce Staff |
Southern Air Transport, the all-cargo carrier linked to arms shipments to Iran and Nicaragua, is hop
HONG KONG AND CHINA OPTIMISTS, PESSIMISTS DEBATE POST-'97 OUTLOOK
JOC Staff |
Bulldozers grunt and jackhammers clatter at rising hotels and shopping malls. Well-dressed workers j
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
WEST COAST BRIEFS
From Wire and Staff Reports |
MCI Nears Completion Of Fiber-Optic NetworkMCI Communications Corp. said construction will b
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSFood and new car price increases boost consumer prices in November. Page 3A No
Maritime
VA. FIRMS FIGHT THAT SINKING FEELING
Carl Cahill |
Prompted by a lawsuit in Pennsylvania, Virginia coal companies are studying how subsidence can be re
PORT TO INSPECT CRANES BEING BUILT IN S. KOREA
Journal of Commerce Staff |
The port of Oakland agreed to spend more than $200,000 to test and inspect port cranes being built i
Maritime
OAKLAND SEEKS TO LURE IMPORTS
John Davies |
Wharf-side rail connections and bold, expensive actions away from the waterfront will be needed for
Maritime
TERMINAL TARIFFS CAN'T SHIFT LIABILITY
Robert F. Morison |
The Federal Maritime Commission ordered an end to provisions in marine terminal tariffs shifting the
Maritime
REPORT SAYS SKIPPERS ERRED IN SOVIET COLLISION
(Ap) |
The captain of a Soviet passenger liner that sank in the Black Sea after it was hit by a freighter f
Maritime
DISASTERS IN WEST SHIFT FOCUS TO EAST
(Ap) |
U.S. and French spacecraft vanished in rolling balls of flame in 1986. The spectacular explosions se
BENEFICIAL PLANS TO SELL MOST INSURANCE UNITS
(Ap) |
Beneficial Corp. will sell most of its insurance group and its credit subsidiary in a major restruct
CHIP ACCORD HAS FEW FANS
Christine Winter |
Disillusionment among U.S. semiconductor companies over the historic U.S.-Japanese semiconductor tra
EXPORTS STILL FLOW FROM PUNJAB
Rosalind Rachid |
India's troubles with a separatist movement in Punjab state have had little effect on the country's
Maritime
EC BUDGET APPROVAL EXPECTED IN JANUARY
(Ap) |
The European Parliament, which last week blocked adoption of a 1987 European Community budget, is ex
Maritime
SUN STOCKHOLDERS OK MERGER PLAN
Journal of Commerce Staff |
Stockholders of Sun Chemical Corp. voted here at the week-end to approve the recapitalization of
US AND BRAZIL REACH TRUCE OVER COMPUTERS
Richard Lawrence |
The United States and Brazil reached a temporary truce in their computer market dispute. In
AMERICAN COMPLETES SECURITY OVERHAUL
Larry Sterne |
American Airlines recently completed a sweeping change of its security procedures for international
THAIS EASE TEXTILE BAN
P.T. Bangsberg |
Textile importers will have greater supply opportunities in Thailand under that country's plan to pa
Maritime
NAVISTAR OFFERING ACTIVE COMPANY LAYS PLANS TO EXPAND OPERATIONS
Andrea Chancellor |
Navistar International Corp. offered 106.3 million common shares at $4.75 a share Friday and the sto
JAL CRASH TRACED TO IMPROPER REPAIRS
Journal of Commerce Staff |
A Japanese government commission has concluded that improper repairs by the Boeing Co. caused the cr
CLEAR SKIES FOR ALL NIPPON
Journal of Commerce Special |
The fateful crash of a Japan Air Lines jumbo jet over central Japan in August 1985, killing 520 of 5
GRAIN EMBARGO DISPUTE RAGES ON
(Ap) |
Even if the old argument over grain embargoes doesn't become a national farm issue, it's still there
DOLLAR GENERALLY MIXED AS PACE OF TRADING SLOWS
Journal of Commerce Staff |
The U.S. dollar was generally mixed against major foreign currencies Friday as the foreign exchange
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