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REINSURERS SET TO GROW
C.A. Carpenter |
Reinsurance companies are set to grow even faster than the impressive prospects for the property and
TRUCK REPAIR VENTURE LAUNCHED
Journal of Commerce Special |
St. Louis Refrigerator Car, a subsidiary of Anheuser-Busch Cos. Inc., began building and repairing r
KOCH CARBON TAKES OVER C. REISS COAL
Tim Sansbury |
Koch Carbon Inc. of Wichita, Kan., purchased C. Reiss Coal Co., Sheboygan, Wis., a 100-year-old fami
HL&P TO SALT AWAY GAS
Gary Taylor |
Houston Lighting & Power Co. is turning the Gulf Coast geology to its advantage with construction of
LYKES' NEW SERVICE A SURE FIT FOR 3 US PORTS
Craig Dunlap |
The new Lykes Bros. Steamship Co. service from the U.S. East Coast to South America appears to be a
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Sulfate DemandSeen FlatOverall demand for aluminum sulfate has been flat and is expe
JAPANESE TRADERS SUFFER RECORD CONTRACT DECLINES
(Ap) |
Export and import contracts concluded by Japan's 13 major trading firms registered record declines i
Maritime
MERCK TO ACQUIRE CHEMED UNIT
Journal of Commerce Staff |
Chemed Corp. and Merck & Co. announced that they have entered into an agreement in principle for Mer
JAPANESE SHOPPING FOR HIGH-TECH FIRMS
(Ap) |
Japan is aggressively shopping for high-technology companies in the United States. Fujitsu L
Maritime
S. AFRICA RETREAT BY US FIRMS ASSESSED
JOC Staff |
Efforts are being made to determine if U.S. companies are complying with anti-apartheid demands in t
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Marines Plead Guilty To Freight Train TheftsYUCCA VALLEY, Calif. - Eight Marines pleaded gui
REAGAN VETOES FUNDING
Robert F. Morison |
President Reagan's veto of a bill authorizing funding for the Maritime Administration and the Federa
COMMODITY BRIEFS
From Wire and Staff Reports |
Brazilian Sugar Shipment Postponed Until 1987The Brazilian Sugar and Alcohol Institute grant
TENNECO SAYS LOW PRICES CAUSED $246 MILLION LOSS
Journal of Commerce Staff |
Tenneco Inc. reported a net loss for the third quarter of $246 million compared with a net loss of $
US MAY SUPPORT SALES IN CHINA
Jasper Becker |
The U.S. Export-Import Bank is considering loans totaling just under $1 billion to support U.S. sale
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe slump in public works projects led the decline in construction contracting.
Maritime
STRATEGY BEHIND SEARS TRADE UNIT FAILS
Stanford Erickson |
It was apparent to those who had been in world trade for any length of time that Sears, Roebuck and
US DOLLAR ENDS MIXED IN SLOW TRADE
Knight-Ridder Financial |
The U.S. dollar steadied in quiet trading Wednesday, moving higher against some major foreign curren
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe slump in public works projects led the decline in construction contracting.
WORLD TODAY
From Wire and Staff Reports |
US Pressed on Syria BRUSSELS, Belgium - The European Community is asking the United States t
CANADIAN RAILS BATTLE FOR ASIAN PARTS TRAFFIC
Journal of Commerce Special |
Canada's two major railways are stalking container business to be generated by four Asian car assemb
Maritime
RIBICOFF BLASTS PROPOSED PIPELINE
(Ap) |
As hundreds cheered and applauded, former Governor and U.S. Senator Abraham Ribicoff told federal en
HONG KONG PORT TRAFFIC STILL RISING
P.T. Bangsberg |
More than 3,400 ships called at Hong Kong in the second quarter with total capacity of 20 million ne
Maritime
EC APPROVES STATE AID FOR DAIMLER-BENZ PLANT
(Ap) |
The European Community Commission approved a grant for Daimler-Benz AG, from a joint federal-state r
Maritime
TRADE FAIRS
From Wire and Staff Reports |
S. Koreans to Display Merchandise in NYCNEW YORK The Korean General Merchandise Show will b
Maritime
TIN PRODUCERS VOICE CONCERN OVER US STOCKPILE DISPOSALS
P.T. Bangsberg |
U.S. policy on tin stockpiles is a matter of grave concern" to major world producers, who are urging
CHEVRON EARNINGS FALL AS PRICES, SALES SLIDE
Journal of Commerce Staff |
Chevron Corp. reported third quarter consolidated earnings of $208 million, 61 cents a share, down f
P/C SALARIES TERMED LOW
C.A. Carpenter |
The insurance industry again plans to pay the highest average merit increases among salaried workers
LIFE INSURERS JOIN HANDS
C.A. Carpenter |
A joint venture between two mutual life insurance companies may lead to more mergers in the industry
EARNINGS
JOC Staff |
Norfolk Southern's Quarterly Profit SmallerNORFOLK, Va. - Norfolk Southern Corp. reported th
NEW CARRIER TO BEGIN SEA TRIALS
(Ap) |
The nation's newest aircraft carrier, a $2.3 billion flattop named for Theodore Roosevelt, begins se
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Contra Cases Open THE HAGUE, Netherlands - The World Court ordered the first detailed argume
Maritime
LONG BEACH PROFITS RISE 34 PERCENT
Bill Mongelluzzo |
The port of Long Beach reported net income of $12.8 million in the first quarter of fiscal year 198
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Singapore Inaugurates Submarine Cable SystemYeo Ning Hong, minister for communications and i
Maritime
GUILFORD LAWYERS BUSY WITH SEVERAL ACTIONS
TOM McNIFF Jr. |
Guilford Transportation Co. has asked a federal court to order the National Mediation Board to begin
FRONT-BRAKE RIDER SURPRISED INDUSTRY
Michael S. Lelyveld |
President Reagan brought an abrupt end to the trucking industry's debate over front-wheel brakes wit
CHEMICAL MARKETS
Journal of Commerce Staff |
Demand for Acetone Strengthens The demand for acetone has strengthened a bit due to the rece
MARITIME BRIEFS
From Wire and Staff Reports |
Mass. Academy Wins Scholarship AwardThe Student Port Propeller Club of the Massachusetts Mar
Maritime
NEW AID PACKAGE SEEN FOR MEXICO
(Ap) |
While some U.S. banks may be reluctant to participate in a package of $6 billion in new loans to Me
Maritime
US-JAPAN TRADE WAR SEEN
(Ap) |
The United States and Japan face a head-on collision over trade unless each nation changes its funda
Maritime
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