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FOREIGN HEADLINES
From Wire and Staff Reports |
Ozone Layer Proposals GENEVA - A 60-nation meeting on ways to halt destruction of the Earth'
Maritime
BIG RISE POSSIBLE IN IDB RESOURCES MOVE HINGES ON NATIONS' OK OF US REFORM PROPOSALS
Richard Lawrence |
The United States and other nations resume talks in Nassau, Bahamas, this week toward a possible rec
PHILIPS MEDICAL, AT&T SET ACCORD
Journal of Commerce Staff |
American Telephone and Telegraph Co. and Philips Medical Systems Inc. agreed in principle to jointly
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe Supreme Court agreed to review cases involving pensions, age-21 drinking law
ENERGY BRIEFS
From Wire and Staff Reports |
Occidental Pipeline Shut Down for RepairsOccidental Petroleum's Claymore field export pipeli
COMPANY DEVELOPS PRECIPITATE
James Bruce |
A chemical company headquartered here announced the development of a calcium carbonate precipitate w
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
King Kong Loses To Donkey KongIn a case that could be called "King Kong Meets Donkey Kong,"
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
King Kong Loses To Donkey KongIn a case that could be called "King Kong Meets Donkey Kong,"
Maritime
IMPORTERS EXEMPTED FROM FEE
Helen Ericson |
The Treasury Department approved the request of a large group of importers for a total exemption of
ON THE MOVE
-Staff Report |
GM Revamps Key Units;Perot QuitsGeneral Motors Corp. said H. Ross Perot, the billion
ROYAL INSURANCE SETTLES IN NEW HOME
Alan Herbert |
Royal Insurance is settled into its new $30 million U.S. headquarters here, and it appears to have
PARETI PUSHES PRESIDENTIAL
Tim Neale |
Harold J. Pareti could be described as the Lee Iacocca of the airline industry. Like the fam
JAPANESE TRUCK MAKERS TO HOLD LINE ON PRICES
Michael S. Lelyveld |
Japanese truck makers are tightening their belts rather than raising their prices in an all-out effo
DOLLAR DROPS LOW AGAINST MARK
Knight-Ridder Financial |
The U.S. dollar plunged to its lowest level against the deutsche mark in nearly six years Monday on
PUSH FOR $18 OIL SEEN FACING OBSTACLES
(Ap) |
Saudi Arabia's proposal to raise crude oil prices to $18 a barrel faces major obstacles despite supp
COST OF CREDIT
JOC Staff |
Monday, Dec. 1, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
MITSUBISHI JOINS PIPELINE BIDDING
Knight-Ridder Financial |
Japan's Mitsubishi Heavy Industries Ltd. took part in international bidding for an Iraqi oil pipeli
WAR-CAUSED CUTS CURB OPEC OUTPUT
Knight-Ridder Financial |
Below-quota crude-oil exports from Iran and Iraq have offset the effects of increased production by
AUTOMAKERS CRACK DOWN ON PARTS FRAUD
Al Haas |
FBI agents and a General Motors Corp. official raided a Taiwanese importer's California warehouse la
Maritime
WELLAND CANAL TO BE RENOVATED CANADA TO SPEND C$175 MILLION TO REPAIR LOCK WALLS, BANKS
Leo Ryan |
The Canadian government plans a seven-year renovation of the Welland Canal, site of a lock cave-in t
Maritime
HEARING CONVENES ON CERRITOS CRASH
(Ap) |
Two dozen people have been asked to testify this week at a four-day federal hearing into the Aug. 31
COMMUTER TRAIN HITS TRUCK IN NJ
Journal of Commerce Staff |
A New Jersey Transit Corp. train packed with commuters Monday hit a flatbed truck stranded on the t
GOVERNORS TO STUDY POWER NEEDS
TOM McNIFF |
New England's governors Wednesday will study forecasts concerning the six- state re gion's electrici
UP WOULD BENEFIT FROM RAIL MERGER
David M. Cawthorne |
The Union Pacific Railroad will emerge as the big winner if the Interstate Commerce Commission decid
INDONESIA HOPES TO PRODUCE 23 PERCENT OF ATPC QUOTA
(Ap) |
Indonesia hopes to produce at least 23 percent of next year's total production quota of the Associat
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Nov. 15, 1986, total piggyback freight hauled on the nation's major railroads equ
PENSIONS, DRINKING AGE ON COURT'S DOCKET
Leah R. Young |
The Supreme Court agreed to review cases involving multi-employer pension plan amendments, federal d
BONN GETS TOUGH ON CHEMICALS
Jess Lukomski |
West Germany's chemical industry faces tougher environmental protection laws as a consequence of rec
Maritime
REAGAN ROASTED FOR SHIPPING POLICIES
Robert F. Morison |
Labor leaders roasted President Reagan for the impact his policies and programs have had on the U.S.
THE ECONOMY
From Wire and Staff Reports |
Construction Spending In US Seen on IncreaseU.S. construction spending rose 1.6 percent in O
TVA AWARDS SPOT CONTRACT FOR STEAM COAL
Journal of Commerce Staff |
Tennessee Valley Authority awarded a spot coal contract to Pittsburg & Midway Coal Mining Co., Denve
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MITSUBISHI AND SHELL PLAN DEAL WITH BRUNEI
Knight-Ridder Financial |
Japan's Mitsubishi Corp. will sign a contract Wednesday with the Royal Dutch Shell Group allowing th
MALAYSIA REVAMPS LINE STATE FLEET TO BE MODERNIZED, PARTLY PRIVATIZED
P.T. Bangsberg |
State-owned Malaysian International Shipping Corp. plans to spend M$110 million (US$42 million) in t
Maritime
OPENING BIDS FOR VA. JOB PUSHED BACK
Carl Cahill |
Administrative paperwork has pushed the date for opening bids on the dredging of the Hampton Roads o
Maritime
POLICE AT LA AIRPORT STAGE ONE-DAY PROTEST
(Ap) |
Security police chose one of Los Angeles International Airport's busiest days of the year to stage a
WEST COAST BRIEFS
From Wire and Staff Reports |
Calif. Probes Sellers Of Supplemental CoverThe state Insurance Department has told 26 seller
Maritime
ARGENTINA SEEN MOVING AWAY FROM TRADE WITH BRITAIN
Jeremy Morgan |
The Argentine government appears to have abandoned its cautious move awayfrom the ban impose
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Carbide Gets Nod To Sell Some AssetsBHOPAL, India - A judge has lifted a freeze on the sale
ALCOHOL PURCHASING LAW DEBATED IN NY
Journal of Commerce Special |
New York State and the people who sell liquor are at odds over the success of the state's law requir
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