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CANAL HOPES TO EASE BACKLOG THIS WEEK
Tim Neale |
Workers trying to dig out some 1 million cubic yards of debris from the Panama Canal landslide earli
Maritime
ON THE MOVE
Staff Report |
Hydro-Quebec Taps CharukFor US VPJan Charuk was named vice president, United States
WARBURG TO HANDLE JAPANESE PORTFOLIO
A.E. Cullison |
S.G. Warburg Securities of Britain has been entrusted with billions ofdollars worth of portf
COST OF CREDIT
JOC Staff |
Monday, October 27, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CHEMICAL MARKETS
Journal of Commerce Staff |
Novo to Hike Contract RatesOn EnzymesNovo Laboratories Inc. will be raising its cont
WORLD TODAY
From Wire and Staff Reports |
McLean Stock Drops NEW YORK - The stock of McLean Industries, New York-based parent of Unite
EC SEEKS RULING ON TRADE DISPUTE
(Ap) |
The European Community said it will take legal action against Japan to seek the removal of what it c
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALBillions of pounds worth of high-tech dealing equipment installed in readiness for
VA. YARD LISTS 10 BEST SUPPLIERS
Journal of Commerce Special |
Choosing from its more than 3,500 outside contractors, Newport News Shipbuilding said it has selecte
Maritime
LEAR SIEGLER NET EARNINGS UP
(Ap) |
Lear Siegler Inc., which last week said it was weighing a major restructuring, reported its profits
Maritime
SINGAPORE MAY SELL MORE OF SIA
P.T. Bangsberg |
The Singapore government may reduce further its shareholding in Singapore Airlines, which was part-d
ARGENTINA WARNED ON TRADE
Jeremy Morgan |
The Soviet Union warned Argentina that it will have to take steps to curb the yawning trade gap betw
Maritime
DOLLAR STILL MOVING HIGHER ON LAST WEEK'S MOMENTUM
Knight-Ridder Financial |
The U.S. dollar was higher against all major currencies Monday except for the yen and Canadian dolla
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CANADA GOES TO GATT ABOUT US SURCHARGES
(Ap) |
Canada has gone before the world's main free trade forum to protest a new U.S. import surcharge desi
YUGOSLAV BANK OPENS IN NEW YORK
Gordon Platt |
LBS Bank-New York has become the first Yugoslav commercial bank to open in the United States.
COAL, OIL MAY BE KEY TO RICHES FOR SMALL PROVINCE IN CHINA
Jasper Becker |
The key to riches and development in tiny northern Ningxia province is its high-grade coal deposits,
QUESTIONS OVER EFFECTIVENESS OF CLEAN GRAIN LAW LINGER
(Ap) |
Responding to complaints of foreign buyers and farmers, Congress pushed through legislation this yea
NEW BRAZILIAN BULKER SET FOR MAIDEN VOYAGE
James Bruce |
The world's largest ore-oil carrier, the first in a controversial series being built to carry high-g
Maritime
LEIF HOEGH WEATHERS CRISIS
Howard Schissel |
Leif Hoegh & Co., the big Norwegian ship management concern, says it is emerging from a liquidity cr
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Coniston Gets Financing For Gelco AcquisitionAn investor's group bidding to buy Gelco Corp.
UNION CARBIDE REPORTS PROFIT
Journal of Commerce Staff |
Union Carbide Corp. reported third quarter net income of $290 million, or $2.94 a share, compared wi
IROQUOIS' NEW ROUTE DRAWS FIRE
(Ap) |
An alternate route for a proposed 360-mile natural gas pipeline is already drawing opposition from
EARNINGS
JOC Staff |
Texas Air Corp. Reports Record ResultsTexas Air Corp. reported consolidated net income for t
AIR SEAL CRACKS PROMPT P&W SERVICE BULLETIN
(Ap) |
Pratt & Whitney has sent an "alert service bulletin" urging design changes on four of its engines fo
OAKLAND PORT FACES FURTHER AIRPORT SUIT
Maureen Robb |
Environmental groups filed another lawsuit against the port of Oakland challenging its airport expan
LA PORT MAPS REORGANIZATION CHAIN OF COMMAND CHANGES WILL CLARIFY MANAGEMENT STYLE
Bill Mongelluzzo |
The port of Los Angeles will restructure its chain of management command, dividing the responsibilit
Maritime
RATE CHANGES BOOST EARNINGS AT DETROIT ED
Journal of Commerce Staff |
Detroit Edison Co. said third quarter earnings for common stock were $102.8 million, or 70 cents a s
FOREIGN COMPETITION HITS US DIE-CASTERS
Andrea Chancellor |
The U.S. die-casting industry's sales will remain flat in 1987 as Asian imports continue to erode U.
FORD MOTOR REVS UP BALTIMORE IMPORTS
Journal of Commerce Special |
Ford Motor Corp. will import 50,000 cars and trucks through the port of Baltimore annually under a t
Maritime
CONSULTANTS SAY SEAS WILL CARRY LESS GRAIN
Journal of Commerce Staff |
The volume of grain shipped by sea is forecast to decline over the next four years, adding to the di
Maritime
DOE PROJECTS MEASURE UP CLEAN COAL PLANS COMPLY WITH ACID RAIN ACCORD
Tim Sansbury |
Nine clean coal technology demonstration projects selected in July by the Department of Energy compl
ANTI-OPEC ACTION URGED
(Ap) |
An emergency task force representing independent oil producers urged President Reagan to threaten th
'K' LINE OFFICIALS TOUT SERVICE EXPANSION
Chris Dupin |
About 15 years ago Kawasaki Kisen Kaisha Ltd., better known as "K" Line, began expanding its service
Maritime
AFRICAN INSECT PROBLEM UNDER CONTROL, FAO SAYS
(Ap) |
A widespread infestation of grasshoppers and locusts in Africa is largely under control, although so
MARITIME BRIEFS
From Wire and Staff Reports |
Ecuadorian Law Sparks Labeling ChangesCargo in containers or loose packages in transit to Ec
Maritime
CME PLANS NEW DOLLAR HEDGE
Journal of Commerce Staff |
A new hedging vehicle may be available soon for participants in financial markets who have multiple
BUSINESS OWNERS' PROBLEMS STUDIED
(Ap) |
Finding qualified employees and paying skyrocketing insurance premiums are the two of the biggest pr
WEST COAST BRIEFS
From Wire and Staff Reports |
Alcoa Agrees to Sell Century City HoldingsAluminum Co. of America, first developer of the Ce
Maritime
NEW SYSTEM PUTS PAVEMENT TO THE TEST
Journal of Commerce Staff |
The Federal Highway Administration unveiled its new state of the art pavement tester to help highway
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