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CHINA COULD BE MAJOR BUYER OF US CORN IN NEXT 5 YEARS
Jasper Becker |
China may become a major importer of U.S. corn, buying as much as 50 million tons over the next five
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSKnight-Ridder Inc. agreed to acquire the State-Record Co., a South Carolina news
Maritime
LILCO HOPES TO CUT COSTS, DEMAND
Journal of Commerce Staff |
Long Island Lighting Co.'s chairman introduced to the business community two programs designed to ho
WHAT'S NEXT FOR TEXAS AIR? COMPANY MAY BE NATION'S LARGEST AIRLINE BY YEAR-END
Gary Taylor |
Unpredictable yet calculating, Texas Air Corp. may be the only large U.S. company the future of whic
FRANCE REAFFIRMS NUCLEAR COMMITMENT
(Ap) |
Nuclear power will be France's energy of the future despite the accident last April at Chernobyl, a
INDUSTRY LAUDS LA. PORT PLAN REPORT VIEWED AS BLUEPRINT FOR REVIVING NEW ORLEANS
Marie Prat |
Local shipping executives say a just-issued strategic plan for the Port of New Orleans contains no s
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Poland Asks Paris Club For Debt ReschedulingPoland asked its creditor banks in the Paris Clu
ILA SPLIT CLOUDS MD. TALKS
Journal of Commerce Special |
Presidents of Baltimore's ILA locals held a special meeting to complain about their top negotiators
Maritime
STEELMAKERS FACE FACTS IN JAPAN STEADILY DECLINING DEMAND LIKELY TO FORCE OUTPUT CUTS
A.E. Cullison |
Japan's "big five" steel companies will cut annual production over the next two to three years to 90
Maritime
ELECTION-WATCH INHIBITS TRADING
RIPLEY WATSON Jr. |
Politics, money and sports affected stock market trading Tuesday as the Dow Jones industrial average
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LA PORT MAPS REORGANIZATION
Bill Mongelluzzo |
The port of Los Angeles will restructure its chain of management command, dividing the responsibilit
Maritime
INSIDE TALK FROM THE SOUTH ATLANTIC
Craig Dunlap |
HOW TO WIN FRIENDS, AND LOSE THEM: Gov. Bob Graham of Florida turned a 1978 campaign gimmick into a
Maritime
GRACE UNIT INVESTS IN EDA
Journal of Commerce Staff |
Grace Ventures Corp., the venture capital subsidiary of W.R. Grace & Co., headquartered here, announ
SAC COMMANDER WANTS MX MISSILES ON TRAINS
(Ap) |
The head of the Strategic Air Command wants 50 more long-range MX missiles to be built and put on tr
GROUP TO TAKE ON ENVIRONMENTAL RISKS
Leah R. Young |
A new risk retention group will offer environmental coverage for chemical manufacturers, consumer pr
FOREIGN HEADLINES
From Wire and Staff Reports |
EC-Comecon Contacts LUXEMBOURG - The European Community said it was willing to hold a second
Maritime
SHARP DROP FORECAST IN WORLD COCOA SURPLUS
(Ap) |
The International Cocoa Organization secretariat forecast a world cocoa supply surplus of 32,000 met
BIS OUTLINES LENDING FOR QUARTER
(Ap) |
Banks in industrialized countries refused any voluntary new lending to the world's 18 most heavily i
Maritime
SHANGHAI SEEKS NO. 1 STATUS
Jasper Becker |
Shanghai is taking steps to restore luster to its fading charms as China's largest industrial center
Maritime
EARNINGS
JOC Staff |
Sales Net Income Per Share Company Period Latest Prior Latest P
MINERS' UNION MEETS IN SPECIAL CONVENTION
(Ap) |
The United Mine Workers union convened the first special constitutional convention in its 97-year hi
QUOTAS POSSIBLE ON CHINA TEXTILES
Rose A. Horowitz |
Negotiations on a U.S. textile accord with China will be highly contentious and result in more quota
APL'S BIG-SHIP DECISION HAS PORTS SCURRYING
John Davies |
The long-awaited announcement by American President Lines that it will build ships too large to pas
CANADIAN LONGSHOREMEN SEEK A COMMON FRONT
Leo Ryan |
Longshoremen in eastern Canada are trying to form a common front for negotiations with port employer
NY'S FLOATING JAIL GETS PRELIMINARY APPROVAL
(Ap) |
A state commission gave preliminary approval to New York City's plans to spend $5 million to turn a
Maritime
HOEGH BULLISH ON W. AFRICA
Journal of Commerce Special |
The slowdown in the oil-fueled economies of West Africa is likely to depress freight rates further,
Maritime
MARINE CASUALTIES
JOC Staff |
The Bulgarian roll-on roll-off vessel Trapezitza, 10,500 deadweight tons, was involved in a collisio
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Unemployment in EC Up 1.1 percent in SeptemberBRUSSELS, Belgium - The number of jobless in t
Maritime
CHINA MAY JOIN WITH ATPC IN EFFORT TO BOLSTER TIN PRICE
(Ap) |
China may cooperate with the Association of Tin Producing Countries in trying to curb the falling pr
Maritime
MORE MERGERS EXPECTED IN OIL SERVICES INDUSTRY
(Ap) |
The proposed merger of Baker International Corp. and Hughes Tool Co. will be followed by marriages o
AT 39, HE'S AN OLD HAND ON ISSUES OF CUSTOMS LAW
Craig Dunlap |
Anyone planning to attend a meeting anywhere in the country on virtually any facet of trade with Lat
EC APPROVES SETTLEMENT WITH US ON CITRUS FRUIT
(Ap) |
The European Community formally approved a settlement of a long-running dispute with the United Stat
FOREIGN VISITS
From Wire and Staff Reports |
Mitterrand in Frankfurt FRANKFURT, West Germany - French President Francois Mitterrand arriv
Maritime
FIAT VS. FORD MOTOR CO. IN BID FOR ALFA ROMEO
Journal of Commerce Special |
When Fiat Managing Director Cesare Romiti was informed of the arrival Oct. 1 at IRI-Finmeccanica of
Maritime
CARMAKERS URGE REFORM IN BRAZIL VOLKSWAGEN AMONG PRODUCERS CRITICIZING CRUZADO PLAN
James Bruce |
Multinational automakers operating in Brazil are adding to the increasingly explosive pressure to ad
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Crump Stockholders OK Acquisition by SedgwickMEMPHIS, Tenn. - Crump Cos. Inc. insurance brok
CDC RISKS LOSS OF MORE RESEARCHERS
(Ap) |
Two more AIDS researchers are considering leaving the Centers for Disease Control, continuing an exo
REICHHOLD FORMS COATINGS UNIT
Journal of Commerce Staff |
The Chemical Coatings Division of Reichhold Chemicals Inc. announced formation of a new business uni
BIG BANG OFFERS ONLY A WHIMPER
Janet Porter |
The diehards had a field day. Billions of pounds worth of high-tech dealing equipment instal
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