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BRAZIL STILL LEADER IN IRON ORE SALES
Bruce James |
"God really is a Brazilian. If not, I suspect your ancestors bribed him," remarked Chinese Prime Min
Maritime
OLYMPIA TRIES TO DIVERSIFY PORT WOULD REDUCE DEPENDENCY ON LOG EXPORTS
Gloria Joseph |
Timber may always be the bread-and-butter commodity at the port of Olympia, but seed used to grow gr
Maritime
HIGH OIL STOCKS TO FOIL OPEC?
Felix Dearden |
High oil inventories, which built up at a rate of 3.5 million barrels a day during the third quarter
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSMany corporate directors received double-digit pay increases this year. Page 3A
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Amoco to Maintain Spending Levels in '87Amoco Corp. will hold capital and exploration spendi
REPORTS CLAIM ARGENTINE PACT AWARDED
Jeremy Morgan |
A consortium of Mexican and Argentine companies is said to have won the contract to build a second n
TEXAS REJECTS BID TO CUT OIL OUTPUT
Gary Taylor |
Texas oil producers will not be forced to cut their output levels, despite efforts by two Dallas oil
DIRECTORS WIN RAISES DURING '86
Journal of Commerce Staff |
Many corporate directors, facing intense legal and other pressures, have received double-digit pay i
SENATOR LINE PLANS TO GO ROUND THE WORLD
Bruce Barnard |
In the wake of United States Lines' financial problems and amid widespread industry skepticism, a We
ECONOMIST LAUDS AIRLINE DECONTROL
Journal of Commerce Staff |
An economist for the Federal Reserve Bank of Cleveland says he believes airline deregulation has bee
GOAL IS GLOBAL PRIVATE POSTAL SYSTEM FOR BUSINESS
Richard Malkin |
Although the air courier industry emphatically makes a distinction between itself and the sellers o
HOECHST SUPPLIES MATERIALS TO FTC
Journal of Commerce Staff |
American Hoechst Corp. announced that it has supplied voluminous materials in response to the second
TRUCK DRIVERS OUTFOX BLACK BOX
Michael S. Lelyveld |
Drivers have found a host of ways over the years to outsmart black boxes and other driver-control de
OFFICIAL SELLS CO-OPS ON SELLING THEMSELVES
(Ap) |
Bob Bergland says it's time that local electric cooperatives step fully into the limelight and becom
WEST COAST BRIEFS
From Wire and Staff Reports |
Burco to Discuss Role of Trade GroupLONG BEACH, Calif. - Robert A. Burco, executive director
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Former Lloyd's Chief Questioned on DealingsA former chairman of Lloyd's of London, Sir Peter
COURT ACQUITS JOHN DIGILIOIN GUN CASE
Journal of Commerce Staff |
John DiGilio, charged along with the general organizer of the International Longshoremen's Associati
Maritime
PACIFIC RIM TESTS US TRADE POLICY
Knight-Ridder Financial |
As attention in the United States shifts increasingly to the rising trade deficit with Pacific Rim c
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Reebok, S. Korean Firm Set Joint VentureCANTON, Mass. - Reebok International Ltd.'s subsidia
Maritime
TWO WHO REQUEST POLYGRAPH ARRESTED AFTER FLUNKING IT
Alan Herbert |
Two New York City jewelers who apparently had an unusual faith in their ability to beat the lie dete
NET NEW CREDIT DEMANDS TO SLOW
Journal of Commerce Staff |
Net new credit demands in the United States will rise more slowly in 1987 and will be easily accommo
FOREIGN HEADLINES
From Wire and Staff Reports |
S. Korean Constitution SEOUL, South Korea - South Korea's two opposing parties agreed to res
Maritime
TWO OF 'FOUR DRAGONS' PREDICT SLOWER GROWTH
P.T. Bangsberg |
The economies of South Korean and Taiwan, two of Asia's four dragons, are forecast to grow 8 percent
Maritime
CAPACITY UTILIZATION IN US SHOWS RISE
(Ap) |
U.S. factories, utilities and mines operated at 79.3 percent of capacity in November, after adjustme
WORLD TODAY
From Wire and Staff Reports |
Anti-Dumping Duties WASHINGTON - The U.S. International Trade Commission cleared the way for
UTILITY WANTS TO PAY DEVELOPERS TO ABANDON COGENERATION PROJECTS
TOM McNIFF Jr. |
Public Service of New Hampshire Corp. today will apparently become the nation's first utility to as
MESA GEARS UP FOR DRILLING IN HUGOTON GAS FIELD
Forrest S. Gossett |
True to the promise its maverick chairman, T. Boone Pickens, made last year, Mesa Petroleum Co. is w
CHEMICAL MARKETS
Journal of Commerce Staff |
Lucidol Increases Prices by 5 percent Lucidol announced a price increase of 5 percent for sv
NEW RATE RULES ADOPTED ICC ALLOWS CHANGES ON ONE DAY'S NOTICE
David M. Cawthorne |
The Interstate Commerce Commission adopted new rules permitting railroads and other carriers to make
NEW CESSNA PLANE REPORTEDLY TESTED
Journal of Commerce Staff |
Cessna Aircraft Co., which has spent most of this year cutting back, apparently is proceeding with d
CME ACTS TO CURB STOCK PRICE SWINGS
(Ap) |
The Chicago Mercantile Exchange announced plans to change futures settlement procedures, a move aime
WHEAT COUNCIL SEES DROP IN SOVIET IMPORT NEEDS
(Ap) |
Soviet grain imports in the current marketing year could drop to 20 million metric tons, an official
JAPANESE FIRMS EYE PICKUP
A.E. Cullison |
Private Japanese corporations predict their country's sagging economy will recover substantially bet
Maritime
PAYMENTS DEFICIT HITS HIGH
Richard Lawrence |
The United States incurred a record $36.2 billion deficit in its international payments on current a
BRAZILIAN AGENCY RELEASES ESTIMATES FOR '86-87 CROPS
Knight-Ridder Financial |
The Company for Financing Production has put its December estimate of the 1986-87 soybean crop at 15
TRUCKERS FIGHT BLACK BOXES
Michael S. Lelyveld |
The Department of Transportation should make electronic recorders mandatory for heavy trucks to kee
NUTMEG ADDS SPICE TO GRENADA
(Ap) |
Once again Grenada is living up to its name as the Spice Island as its nutmegs have come into demand
Maritime
SHARE-VOTING PROPOSAL STIRRING HEATED DEBATE
Sherie Winston |
The New York Stock Exchange and about 40 other witnesses are testifying before the Securities and Ex
HOME CONSTRUCTION DECLINED IN NOVEMBER
(Ap) |
A Southern building slump caused U.S. housing construction to drop 1.8 percent in November, the thir
BASF WYANDOTTE WEIGHS EXPANSION
Journal of Commerce Staff |
BASF Wyandotte Corp., the third-largest dye company in the world, is considering the expansion of it
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