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TRADE GROUP ELECTS REED AS CHAIRMAN
Journal of Commerce Staff |
John S. Reed, chairman and chief executive of Citibank N.A., has been elected chairman of the Coalit
Maritime
CUMMINS GETS FOOT IN DOOR WITH VENTURE
Journal of Commerce Special |
Cummins Corp. signed a major licensing agreement for production of diesel engines with a plant in Ch
US COAL VENDORS SETTLE FOR ROCK-BOTTOM PRICE
Tim Sansbury |
After a week of furious dealmaking, U.S. coal suppliers settled on a new rock-bottom price for more
CONNELL REMAINS AVONDALE'S CHIEF JUDGE ENDS ATTEMPTED COUP BY NEW ORLEANS OFFICIAL
Journal of Commerce Staff |
A Delaware judge ruled that William F. Connell is still chairman of Avondale Industries Inc., despit
Maritime
ARIZONA PROJECT SIGNS FUEL PACT PALO VERDE NUCLEAR PLANT WILL SAVE $124 MILLION
Journal of Commerce Staff |
Arizona Nuclear Power Project officials signed a new rebid contract for nuclear fuel for the Palo V
FOREIGN VISITS
From Wire and Staff Reports |
African Marshall Plan LOME, Togo - The French and Togolese presidents praised Hissene Habre,
Maritime
PORTUGAL SEEKS MARKET NICHES ENTRY INTO COMMON MARKET EXPECTED TO STIMULATE CHANGE
Howard Schissel |
Portugal will try to find special market niches to maintain the growth of its exports over the next
Maritime
NORWAY LEARNING TO LIVE WITH FOREIGN-FLAG FLEET
Robert F. Morison |
The United States and Norway face a common, major maritime fact: most of the fleets owned by their n
Maritime
DENG GETS HONORARY PASS FOR UNLIMITED WALL ST. ACCESS
(Ap) |
A delegation of top U.S. investment bankers, who used to be portrayed by Communist authorities as ex
Maritime
TRUCK FLEET PROBLEMS DISCUSSED
Michael S. Lelyveld |
Fleets and engineers have many of the same problems fitting all the components that belong in a heav
TRAFFIC BRIEFS
From Wire and Staff Reports |
Moody's Reviews Rating Of Leaseway BondsMoody's Investor Service Inc. said it has placed the
CHINESE AUTOMAKERS WILL COMPETE
Jasper Becker |
China plans to introduce competition to its automotive industry as part of a major restructuring tha
AVIATION BRIEFS
From Wire and Staff Reports |
DOT Extends Deadline On UK Sanctions BidThe Transportation Department extended for a month i
REAGAN INKS VACCINE BILL
Leah R. Young |
Bowing to pressure from the drug industry and parents of injured children, President Reagan signed l
NJ PANEL PROBES UNIFIED PORTS
JOC Staff |
The chairman of a New Jersey Senate subcommittee looking into the possibility of unifying the ports
Maritime
INDIA SEEKS COMMON MART NATION EXERTS PRESSURE AT SAARC SUMMIT TALKS
Neel Patri |
Heavy pressure for inclusion of such services as industry, trade, energy and finance is being exerte
Maritime
S. KOREA'S US SURPLUS IN TRADE RISES
(Ap) |
South Korea's trade surplus with the United States rose to a record $5.9 billion in the first 10 mon
Maritime
DENG GETS HONORARY PASS TO WALL STREET
(Ap) |
A delegation of top U.S. investment bankers, who used to be portrayed by Communist authorities as ex
Maritime
JAPAN WILL CUT TEXTILE EXPORTS
Helen Ericson |
Japan agreed to make substantial cuts on exports of textiles to the United States, the U.S. Trade Re
MM&P NAMES KYSER SECRETARY-TREASURER
Chris Dupin |
Lloyd M. Martin, secretary-treasurer of the International Organization of Masters, Mates and Pilots,
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Market for Gum Rosins Is SteadyThe market for gum rosins is reported to be stable, although
INSIDE TALK ON TRANSPORTATION
Tim Neale |
BREAKING FROM THE GATE: The American Association of Airport Executives lost no time lining up the n
GM OF S. AFRICA TO REPLACE STRIKERS
(Ap) |
General Motors of South Africa began hiring full-time workers to replace 567 dismissed strikers, ho
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThree top executives were promoted by The Journal of Commerce. Page 1A Economi
OIL MARKET CRUDE PRICES SHOW GAIN OF 60 CENTS
Journal of Commerce Staff |
Oil prices ended the week showing gains of up to 60 cents a barrel as a meeting of the Organization
USED MOTOR OIL NOT HAZARDOUS
(Ap) |
Used motor oil need not be treated as a hazardous waste when it is being recycled, the Environmental
AIMCOR ACQUIRES IMC OPERATIONS
Journal of Commerce Staff |
Applied Industrial Materials Corp. announced the acquisition of the industrial products operations o
CRUDE OPTIONS TRADING GETS OFF TO FAST START
Sam Glasser |
Trading in crude oil options got off to a fast start on the New York Mercantile Exchange Friday.
JAPAN CONFIRMS INCREASE IN PERSIAN GULF OIL PURCHASES
Knight-Ridder Financial |
Japanese oil importers confirmed Friday that refiners in that country stepped up their purchases of
USAIR FINDING ITS OWN NICHE MAVERICK AIRLINE DOESN'T BELIEVE BIGGER IS NECESSARILY BETTER
Tim Neale |
In an era when nearly everyone in the airline industry seems to think bigger is better, USAir Group
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100percent)
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
African Coffee Group To Meet Nov. 18-21ABIDJAN, Ivory Coast - The InterAfrican Coffee Organi
CBT DISCUSSIONS ADVANCE ON EXTENDING TRADE HOURS
Laurie A. Morse |
The Chicago Board of Trade seems bent on extending trading hours for itsfinancial futures co
USDA UNVEILS NEW SERVICE
(Ap) |
The Agriculture Department will provide a new 24-hour-a-day computer service to explain the latest g
DOLLAR EASES ON BEARISH STATISTICS
Knight-Ridder Financial |
The U.S. dollar moved lower against all major foreign currencies except the yen Friday in reaction t
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
British Aerospace Wins Defense System OrderThe British government said it placed a $1.5 bill
Maritime
INDONESIA AGREES TO SEND TRADE DELEGATION TO MALTA
(Ap) |
President Suharto has agreed to send a delegation to Malta to study the possibility of expanding tra
Maritime
ASIAN NATIONS ENGAGE IN FAIR COMPETITION
P.T. Bangsberg |
While many in the West tend to lump the dynamic economies of East and Southeast Asia into one mold,
Maritime
JAPANESE PROBING SEMICONDUCTOR EXPORTS
(Ap) |
Japan asked the United States to be patient in its call for Japan to halt alleged "dumping" of semic
Maritime
PENNWALT TO EXPAND ORGANOSULFUR FACILITY
Journal of Commerce Staff |
Pennwalt Corp.'s board of directors approved the expansion of the Organic Chemicals Division's metha
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