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TIN PRODUCERS, CONSUMERS OK DRAFTING OF U.N. PACT
(Ap) |
Representatives of all major tin producers and consumers asked the United Nations to provide a new f
PARLIAMENT'S FARM SPENDING PROPOSALS SEEN UNREALISTIC
JOC Staff |
The European Parliament's proposal to cut milk production and to set up a special fund for the dispo
BRAZILIAN YARDS TO BUILD NINE PETROBRAS TANKERS
James Bruce |
Petrobras, the state oil company, announced orders will be placed with four of Brazil's depressed sh
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Reagan Signs Bill Reauthorizing CFTCPresident Ronald Reagan signed the bill reauthorizing th
GEVAERT BUYS STAKE IN HAPAG-LLOYD DRESDNER, DEUTSCHE BANKS CLOSER TO 30 PERCENT OWNERSHIP GOAL
Jess Lukomski |
The Antwerp-based Gevaert group has acquired 12.5 percent stake in Hapag- Lloyd, West Germany's bigg
Maritime
SEAWAY TRAFFIC RESUMES AFTER MISHAP
Leo Ryan |
Traffic resumed early Wednesday on the St. Lawrence Seaway following a 22- hour interruption caused
Maritime
THAILAND: NO RICE SUBSIDIES
Knight-Ridder Financial |
The Thai government will not subsidize rice exporters but will pay for any losses incurred by privat
HOUSTON PLAN CHALLENGED ITC, TOO, PROPOSES BAGGED CARGO FACILITY
Gary Taylor |
A private company is questioning the port's "revolutionary" proposal to develop a $99 million facili
Maritime
NEWEST OIL GAME: OPTIONS
Dallas Morning News |
On a day last week when West Texas intermediate crude oil was trading on the futures market at $15 a
API CHIEF URGES MINIMUM PRICE
(Ap) |
A ranking oil industry official has called for establishment of a minimum price level to help the ba
FLOATING OIL STORAGE MOVES AHEAD IN JAPAN
A.E. Cullison |
Construction of a multi-million dollar gigantic floating oil storage project off Kami-Goto Island in
EQUITABLE PLANS RECONNECTIONS
Journal of Commerce Staff |
Equitable Gas Co. said it is taking "immediate steps" to reconnect all customers whose natural gas s
HUTCHISON EYEING HUSKY TAKEOVER? HONG KONG ENTREPRENEUR SEEN PLANNING ACQUISITION
P.T. Bangsberg |
After months of asset sales resulting in a huge cash hoard, a local entrepreneur, Li Ka-shing, is re
PRATT & WHITNEY TO LAY OFF 2,000
(Ap) |
Pratt & Whitney Aircraft, a division of United Technologies Inc., plans to lay off up to 2,000 salar
INSURANCE BRIEFS
From Wire and Staff Reports |
Lomas & Nettleton To Acquire Union LifeLomas & Nettleton Financial Corp. said it agreed to a
AUSTRALIA EXPECTS RISE IN AIR TRAFFIC
Vincent W. Stove |
Domestic air passenger numbers in Australia are expected to increase at anaverage annual rat
AVIATION BRIEFS
From Wire and Staff Reports |
Boeing Gets Orders From Cathay, SouthwestBoeing Commercial Airplane Co. confirmed orders for
GLOBAL FUNDS CHALK UP GAINS
(Ap) |
While many types of mutual funds are enjoying a booming business these days, few are as hot as the i
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR BROADLY LOWER ON BEARISH SENTIMENT
Knight-Ridder Financial |
The U.S. dollar was broadly lower Wednesday, reflecting the newly bearish sentiment overhanging the
US DEPENDENT ON JAPAN'S MONEY
Dallas Morning News |
When Japanese investors caught gold fever last month, U.S. bond markets sneezed. Long lines
INSURANCE, AIRLINE ISSUES FALL
Gordon Platt |
Insurance and airline issues were among the notable decliners Wednesday as stock prices fell in acti
EMERY SHIPMENTS UP 4 PERCENT IN OCTOBER
Journal of Commerce Staff |
Emery Air Freight reported October shipments rose 4 percent and weight increased 8 percent over thos
PLATINUM DEMAND SEEN TOPPING SUPPLY IN 1986
Janet Porter |
The supply of platinum is expected to fall short of demand for the second consecutive year, accordin
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Egypt Discussing Debt RestructuringPresident Hosni Mubarak said Egypt is holding talks with
COST OF CREDIT
JOC Staff |
Wednesday, Nov. 12, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMPENSATION DEMANDS IN RHINE POLLUTION GROW
Simon Cameron Moore |
France called on the Dutch and West German governments to join it in making demands for compensation
EXPLAINING INSURANCE CYCLES AGENTS AT PIA MEETING TOLD TO JUSTIFY PRICE SWINGS
Alan Herbert |
Insurance agents have a major job in explaining the truth of the insurance crisis, John P. Mascotte,
NEW PENSION INVESTING RULES ISSUED
Leah R. Young |
The Labor Department issued new rules designed to allow investment managers to invest pension plan a
MOBILE DOCKWORKERS CONTINUE STRIKE
Journal of Commerce Staff |
Longshoremen in Mobile, Ala., continued a strike that began Monday after negotiations broke down on
Maritime
ARGENTINE UNION PICKS LEADERS
Journal of Commerce Special |
Autocrats allied to the opposition Peronist movement have tightened their grip on Argentina's bigges
Maritime
BRAZILIAN STEEL EXPORTS DROP
James Bruce |
Brazilian steel exports are experiencing a dramatic decline as a result of heated demand on the loca
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Samsung Shipbuilding Gets French OrderSEOUL, South Korea - Samsung Shipbuilding and Heavy In
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Botha Speaks in France PARIS - South African President P.W. Botha said Western sanctions aga
Maritime
INTERNATIONAL LOANS
Staff Report |
IMF SENEGAL - $88 million from the International Monetary Fund in return for promises by the
Maritime
BRAZILIANS WAIT FOR ACTION ECONOMIC EASING SHOULD FOLLOW ELECTIONS
James Bruce |
Brazilians are waiting anxiously to see what measures will be taken to ease mounting strains on Pres
Maritime
JAPAN SURPLUS DOESN'T ALARM US ANALYSTS
(Ap) |
Some U.S. economists said they were not alarmed by the record $5-billion U.S. trade deficit with Jap
Maritime
INSIDE TALK ON SHIPPING
Joseph Bonney |
THE OTHER PARADE: Almost nobody noticed, but while New Yorkers were celebrating the Mets' World Seri
Maritime
PHILIPPINES GETS JAPANESE LOAN
Journal of Commerce Staff |
The Philippine government received a $204.3 million commodity loan from Japan Wednesday, highlightin
Maritime
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