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JAPANESE TO BUILD US PLANT
(Ap) |
A Japanese steelmaker tentatively plans to build a $60 million silicon production plant here that wi
Maritime
GATX UNIT CLAIMS A 1ST RAILCAR LESSOR OFFERS COMPUTER ACCESS TO FLEET DATA
Kevin D. Thompson |
Several shippers leasing railcars from General American Transportation Corp. are spending less time
TIGER MACHINISTS SIGN 3-YEAR PACT
Journal of Commerce Staff |
Flying Tiger Line's 2,200 machinists approved a three-year contract late Tuesday that calls for sala
INVENTORIES OF DISTILLATE FUEL UP SLIGHTLY FOR WEEK
Journal of Commerce Staff |
Supplies of key petroleum products ran counter to seasonal trends, with distillate increasing slight
SUGAR INDUSTRY DISMAYED AT DECISION TO CUT QUOTAS
(Ap) |
A sugar industry leader predicts consumers will pay higher prices and may even run into some shortag
PLASTICS CORNER
Journal of Commerce Staff |
EVAL Co. DedicatesResin PlantThe EVAL Co. of America dedicated its first grass roots
PRAYON, NITRON RESPOND TO PROBE
Journal of Commerce Staff |
The International Trade Commission voted, three to two, to allow continuation of the investigation o
US, PERU SIGN AIR AGREEMENT
Tim Neale |
Direct air service between the United States and Peru may resume June 12 under an agreement signed b
LUFTHANSA THROWS MUSCLE BEHIND CAAC
Marion Cotter |
Lufthansa German Airlines is throwing its technological muscle behind CAAC, China's national airline
FINANCIAL BRIEFS
From Wire and Staff Reports |
'No Room to Cut Rates,' Bundesbank SaysThere is no room to cut West German interest rates, t
COST OF CREDIT
JOC Staff |
Wednesday, Dec. 17, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
DEFICIT ESTIMATES GROW AS USUAL
John Boyd |
There are some things you can depend on: Night follows day, autumn gives way to winter, and low esti
INSIDE TALK ON IMPORTERS
Rosalind Rachid |
T'WAS THE NIGHT BEFORE CHRISTMAS: The strike last October by some 30,000 members of the Internationa
Maritime
US REGISTERS 2.8 PERCENT GROWTH
(Ap) |
The U.S. economy, bolstered by a surge in car sales, expanded at an annual rate of 2.8 percent from
CARGILL PULLING OUT OF INSURANCE
C.A. Carpenter |
Cargill Inc. said it's pulling out of the life insurance and property and casualty reinsurance busin
AFTER-TAX EARNINGS RISE 5.5 PERCENT
Knight-Ridder Financial |
After-tax profits of U.S. corporations rose a revised 5.5 percent in the third quarter to a seasonal
MARITIME BRIEFS
From Wire and Staff Reports |
NY Power Authority To Buy New IcebreakerNew York Power Authority trustees have given the go-
Maritime
BOSTON RADIO MEN AT IT AGAIN TALKMASTERS TAKE TO THE AIR TO BATTLE NEW DRUNK DRIVING LAW
TOM McNIFF Jr. |
Even as Massachusetts Gov. Michael Dukakis prepared to sign a drunk driving law - said to be among t
AIDS VACCINE TESTED ON HUMANS IN ZAIRE
(Ap) |
Scientists have begun testing an AIDS vaccine on humans in Zaire, surprising many researchers who be
INSIDE TALK ON ENERGY
Andrea Chancellor |
NO CHANGE IS EXPECTED in Peabody Holding Co. operations once Newmont Mining Co., New York, acquires
GASOLINE RETAILER TO FORFEIT STATIONS
(Ap) |
A federal jury in Brooklyn ordered a Long Island gasoline retailer to forfeit $4.7 million and 36 of
OUTLOOK STILL CLOUDED FOR GERMAN SHIPYARDS LIFELINE FROM APL MAY NOT BE ENOUGH
Bruce Barnard |
American President Lines threw a lifeline to West Germany's troubled shipbuilding industry with a re
WORLDWIDE SLUMP IN SHIPPING HITS EVERGREEN GROUP PROFITS
William Armbruster |
The worldwide slump in the shipping industry will even take its toll on the world's most successful
EC SEES MORE REFORMS AFTER MILK, BEEF ACCORDS
(Ap) |
The European Community Commission praised the accord between the 12 EC states to cut milk and beef o
OAKLAND LOOKS TO REVAMP TRANSPORT IMPROVEMENTS EXPECTED TO LURE IMPORTS
John Davies |
Wharf-side rail connections and bold, expensive actions away from the waterfront will be needed for
Maritime
TRUCKERS AWAIT DECISION ON STATE TAX CASE
Leo Abruzzese |
A $500 million tax case before the Supreme Court will shape the course of the trucking industry's 19
ITEL EYES XTRA BOX UNIT CONSOLIDATION OF LEASING HELD COST-EFFECTIVE
Michael S. Lelyveld |
The most attractive part of XTRA Corp. is its container leasing business, says an official of the co
ECONOMIST SEES GROWTH PROCEEDING AT SLOW PACE
(Ap) |
Economic growth will continue nationally in 1987, but at the same slow-to- moderate pace it did duri
POLISH COMMUNISTS CALL FOR REFORM
(Ap) |
Poland's Communist Party Central Committee opened a key two-day meeting on the economy and heard a s
Maritime
BAA EXPECTS NEW GROWTH AREAS
Edwin Unsworth |
The British Airports Authority PLC, which manages seven key airports, hopes that its privatization n
LEVY VOWS TO CONTINUE RENAULT RESTRUCTURING PLAN
(Ap) |
Raymond Levy, the new chairman of France's state-owned Renault car company, said he will continue t
Maritime
US COMPUTER FIRMS FIGHT BRAZIL RULES
Journal of Commerce Staff |
U.S. computer companies are apparently taking a harder line toward Brazil's computer trade and inves
TRAFFIC BRIEFS
From Wire and Staff Reports |
Leaseway Completes Car Hauler AcquisitionLeaseway Transportation Corp. said it completed its
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Seiko to Acquire French WatchmakerHattori Seiko Co., a leading Japanese watch and clock prod
Maritime
CARRIER SUBPOENAED IN IRAN-CONTRA PROBE
(Ap) |
Southern Air Transport, a carrier involved in arms shipments to Iran and Nicaraguan rebels and forme
ON THE MOVE
Staff Report |
Zurich Move Puts BolinderNext in LineSCHAUMBURG, Ill. - Zurich-American Insurance Gr
SEAWAY TRAFFIC, CARGO HEADED FOR RISE IN '86
(Ap) |
The St. Lawrence Seaway, hurt in recent years by a shift in cargo shipping to rail and trucks, appea
Maritime
TAX BREAK URGED FOR CALIF. PROPANE
Journal of Commerce Staff |
A California assemblyman thinks propane users should enjoy the same tax benefit that residential nat
BUG PLANS TO BOOST SPOT GAS PURCHASES
Kirby V. Freeman |
Brooklyn Union Gas Co. says it plans to drastically increase its purchases of natural gas from spot
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