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JAPANESE NVOS SEEK RATE HIKES FIRMS SUFFERING BIG LOSSES DUE TO DOLLAR-QUOTED CHARGES
A.E. Cullison |
Customers of Japan-based non-vessel-operating common carriers who have been shipping their cargoes o
Maritime
QUINCY SALE ISSUE HEATS UP IN MASS.
TOM McNIFF Jr. |
General Dynamics has received 17 bids, only one of which has been made public, for its 180-acre Quin
Maritime
INSIDE TALK FROM THE SOUTH ATLANTIC
Craig Dunlap |
CHARLESTON, GATEWAY TO LATIN AMERICA? Duane Grantham, director of marketing and sales for the South
Maritime
FRENCH SHIP SECTOR GETS SHOT IN THE ARM
Howard Schissel |
France's financially troubled shipping sector received a major fillip when the government of Prime M
Maritime
MARAD SUPPORTIVE OF SHIP LAW REFORM
Juliana King |
Expansion of the U.S.-flag merchant fleet to serve wartime sea-lift needs can be accomplished only i
Maritime
ZIMBABWE CORN FARMERS PROTEST PLAN
(Ap) |
Zimbabwe's most powerful grain lobbying group angrily protested a government plan to try to force fa
BRAZIL PLANS TO DOUBLE IMPORTS OF BEEF IN 1987
Knight-Ridder Financial |
Brazil will more than double beef imports in 1987 from this year's levels to 600,000 metric tons, Br
SOYBEAN BIDS MAY DROP
David Stawick |
Recent strength in U.S. eastern belt processor bids for soybeans, linked to harvest delays and attra
WHEAT FARMERS FRUSTRATED
Dirck Steimel |
Kansas wheat farmers expressed frustration Thursday about agriculture being drawn into the political
MALAYSIAN RUBBER PRICES EXPECTED TO REMAIN FIRM
Knight-Ridder Financial |
Malaysian rubber prices are expected to remain firm until the end of the year because of tight supp
FARM CREDIT BANKS DEFER OCT. 20 OFFERING
Knight-Ridder Financial |
The Federal Farm Credit Banks Funding Corp. said it would postpone this month's bond offering.<
ARGENTINA RAISES QUOTAS FOR POULTRY MEAT IMPORTS
Knight-Ridder Financial |
The Argentine government has informed potential foreign suppliers it has raised the quota for July-D
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
USW STRIKE SPREADS TO LIMESTONE CARRIERS
Robert S. Burns |
The United Steelworkers Union strike, which has tied up the Great Lakes ore carriers of USX, has spr
Maritime
CONTAINERSHIPS WILL BE BROADER IN THE BEAM
Journal of Commerce Special |
It is unrealistic for containership owners to suggest they can spurt back up to the 33 knots once ac
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Supreme Court opened its new term by placing on its agenda interstate taxat
INTERMODALISM TAKING HOLD PORT AUTHORITIES TOLD TO ADAPT TO CHANGING CUSTOMER NEEDS
Craig Dunlap |
Port managers need to anticipate and adjust to the changing needs and operations of their customers
Maritime
SIMEX TO INTRODUCE US T-BOND FUTURES
Knight-Ridder Financial |
The Singapore International Monetary Exchange will become the first market in Asia to trade in U.S.
OSCAR MAYER TO CLOSE ILLINOIS PLANT
Knight-Ridder Financial |
Oscar Mayer Foods Corp. will permanently close its Beardstown, Ill., hog processing plant April 10 b
COMMODITY BRIEFS
From Wire and Staff Reports |
Taiwan Soon Will Allow Private Gold ImportsTAIPEI, Taiwan - Taiwan soon will allow private g
OCCIDENTAL UNIT HITS OIL SAYS WELL ONE OF BEST EVER IN PERU
Barbara Durr |
Drilling for the first time in three years, Occidental Petroleum Corp.'s Peruvian subsidiary hit wha
SOVIETS SIGN GRAIN ACCORD
(Ap) |
Two days after ignoring a deadline to buy subsidized U.S. grain, the Soviet Union signed a five-year
GETTY PETROLEUM ACQUIRES LIDO ASSETS
Journal of Commerce Staff |
Getty Petroleum Corp. purchased substantially all of the gasoline marketing assets owned by the the
IRAQ EXECUTES 7 FOR TAKING BRIBES
(Ap) |
Seven government employees and businessmen were executed by hanging for accepting bribes and commiss
OPEC-MEET NERVES SOFTEN SPOT PRICES
Bruce Barnard |
A bout of nerves over the outcome of this week's meeting of the Organization of Petroleum Exporting
PSE&G TO CUT RATES
(Ap) |
Public Service Electric & Gas Co. and the state agreed to a $30 million reduction in natural gas bas
ENERGY BRIEFS
From Wire and Staff Reports |
Nigerian Minister Sees OPEC Raising CeilingNigeria's Oil Minister Rilwanu Lukman was quoted
AMOCO CHIEF WARNS OF OIL DEPENDENCY
Journal of Commerce Staff |
The nation is embarked on a "headlong rush to foreign oil dependency," Amoco Corp. Chairman Richard
BELCHER OIL ACQUIRES ALA. REFINING ASSETS
Journal of Commerce Staff |
Belcher Oil Co., a subsidiary of The Coastal Corp., announced the acquisition of refining and distri
NEWS OF JOBLESS RISE SENDS DOLLAR DOWN
Knight-Ridder Financial |
News of a 0.2 percent increase in the nation's unemployment rate during September drove the dollar l
STOCK PRICES SEEN LIKELY TO MOVE INDECISIVELY
Journal of Commerce Staff |
Analysts said indecisiveness likely will be the hallmark of the stock market over the weeks ahead.
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEW PENN MOTOR EXPRESS KNOWS ITS NICHE
Kevin D. Thompson |
New Penn Motor Express Inc. may be a veritable trucking giant in northern and central Pennsylvania,
TRADE WITH GUANGZHOU, CHINA
JOC Staff |
Top Stories The City of Guangzhou continues with its trade promotion policy in an effort to
JOBLESS RATE RISES TO 7 PERCENT
(Ap) |
The nation's jobless rate jumped to 7 percent last month as manufacturers cut 38,000 jobs - twice th
JOBLESS DATA MOVE BONDS LITTLE
RIPLEY WATSON Jr. |
The first economic news from September was very bad for the U.S. economy, but the much weaker-than-e
COST OF CREDIT
JOC Staff |
Friday, October 3, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
RATINGS UNSETTLE INSURERS
James Nolan |
An estimated 400 small insurance companies have been threatened with curbs on their homeowner underw
SANCTIONS MAY NOT HURT RATES
Bruce Barnard |
U.S. economic sanctions against South Africa will have little impact on the ocean freight markets al
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