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FEW AMERICANS EXPECT TO PAY LOWER TAXES
Journal of Commerce Staff |
Only about 16 percent of Americans expect to pay lower taxes as a result of the new tax reform legis
THUNDER BAY SET TO RESUME TRAFFIC IN GRAIN AFTER TENTATIVE SETTLEMENT
Leo Ryan |
Grain traffic is expected to resume later this week at Canada's largest grain port following a tenta
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Supreme Court opened its new term by placing on its agenda interstate taxat
Maritime
BUDGET, OPEC QUOTA CUTS HIT GABON'S PRODUCTION
Howard Schissel |
Whining by oil rigs along Gabon's continental plateau has become increasingly rare as Western oil fi
SPAIN SEES 8 PERCENT HIKE IN CITRUS OUTPUT
Knight-Ridder Financial |
Spain has forecast its 1986-87 citrus production to reach about 3.790 million metric tons, an increa
MYLAN TO BUILD PLANT IN PUERTO RICO
Journal of Commerce Staff |
Mylan Laboratories Inc., a leading independent generic drug manufacturer, announced it will build a
INDONESIA HIKING CHEMICAL OUTPUT
P.T. Bangsberg |
In the face of a world glut of many chemical products, Indonesia is forging ahead with big plans to
TRUCKING INTERESTS BACK ACCESS RULE
David M. Cawthorne |
Trucking interests are pushing for adoption of new rules aimed at permitting larger vehicles to oper
S. AFRICA MAY BE SELECTIVE IN RETALIATING
Larry Olmstead |
Although the South African government has a wide range of economic weapons to use against neighborin
Maritime
JUSTICES SHUN PRODUCT CASES
Leah R. Young |
The Supreme Court refused to involve itself in major product liability cases including those involvi
CONCERT VIOLINIST INDICTED IN APARTMENT HOUSE BLAZE
(Ap) |
A concert violinist was indicted in a botched fire insurance scheme that left two men severely injur
ON THE MOVE
Staff Report |
MARITIME ZIM-AMERICAN ISRAELI SHIPPING CO. (New York) - Louis Ferro was promoted to assistan
CN BIDS TO END DISPUTE RAILWAY OFFERS GUILFORD ACCESS TO CHICAGO
David M. Cawthorne |
The Canadian National Railway offered to give Guilford Transportation Industries access to Chicago i
ANERA, TWRA DEFER SURCHARGES
Journal of Commerce Staff |
The Asia North America Eastbound Rate Agreement and the TransPacific Westbound Rate Agreement announ
Maritime
NO LOAD CENTER SEEN ON W. COAST CHINA SHIPPING EXECUTIVE FORESEES FRAGMENTATION OF CONTAINER TRAFFIC
Journal of Commerce Special |
The chief shipping executive in China thinks that container traffic moving through the West Coast wi
Maritime
QUOTA STRUGGLE LOOMS FOR OPEC MINISTERS DIVIDED ON ISSUE OF EXTENDING OUTPUT PACT
Felix Dearden |
Oil ministers of the Organization of Petroleum Exporting Countries were divided on whether to extend
TAX QUESTIONS HAUNT MARKET
Journal of Commerce Staff |
Uncertainties related to tax reform continue to haunt the stock market, according to David D. Hale,
HONG KONG DEBUT MARRED BY BEARS
P.T. Bangsberg |
Hong Kong's new unified stock market opened Monday following speeches by senior figures in the indus
JAPANESE AUTO SALES SUFFER OVERSEAS
David Kushma |
Hirohisa Kinoshita, a foreman at Mazda Motor Corp.'s giant car assembly plant here, grimaced with di
Maritime
HONG KONG, CHINA INK COAL SWAP
P.T. Bangsberg |
Hong Kong's local electric utility, China Light & Power Co. Ltd., concluded a deal to supply electri
NEW ZEALAND: TRADE, INVESTMENT SURVEY
JOC Staff |
Top Stories The new wave of economic freedom could be a boon or bane for New Zealand as the
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
TEXAS INSURANCE FIRMS FAILING AT RECORD RATE
(Ap) |
The number of failed insurance companies in Texas has reached a record high, and regulators say it m
INDUSTRY SURVEY SHOWS IMPACT OF AIDS CLAIMS
(Ap) |
Several hundred AIDS victims bought life insurance either knowing or suspecting they had the deadly
DEMAND FOR STEEL LIKELY TO DROP
Richard Lawrence |
U.S. steel demand will fall 4 percent next year, an industry expert estimated. Lenhard Holsc
VW BEGINS MAKING JETTAS IN THE US
(Ap) |
Volkswagen of America Inc. began production of its popular Jetta sedan at its Westmoreland County, P
MITSUBISHI WINS CHEVRON CONTRACT
Journal of Commerce Special |
Chevron Shipping Co. and Japan's Mitsubishi Heavy Industries have signed a contract in which the yar
Maritime
GLOBAL GRAIN WAR AFFECTS CANADIAN WHEAT FARMERS
Janet Cawley |
Western Canada wheat farmers are caught in an agonizing and frustrating dilemma. Although th
COMMODITY BRIEFS
From Wire and Staff Reports |
ITC Forecasts 20 percent Fall In 1986 Tin ProductionWestern world tin production is expected
SOVIETS TO ORDER SHIPS FROM GREECE
Journal of Commerce Special |
The Soviet Union will place an additional $65 million order with Greek shipyards for four refrigerat
Maritime
TRAFFIC CONTROL SAGA FAA PLANS TO SCRAP PROBLEM-PLAGUED SYSTEM
(Ap) |
Federal officials say a problem-plagued air traffic control system installed at many U.S. airports f
ENERGY BRIEFS
From Wire and Staff Reports |
Venezuela Raises Crude By 40 Cents a BarrelPetroleos de Venezuela, the Venezuelan state oil
EL PASO PRODUCTS OFFERS BLOW MOLDING BROCHURE
JOC Staff |
A new blow molding brochure from El Paso Products Co. features the company's Rexene polypropylene 23
FINANCIAL BRIEFS
From Wire and Staff Reports |
Hongkong & Shanghai, Global Union Deal OK'dNEW YORK - The Federal Reserve Bank of New York a
RATE HOPES BOOST STOCKS
Gordon Platt |
Stocks, aided by rising bond prices and computer-driven buying programs, rose in slow trading Monday
US SALES TO JAPAN WANING
A.E. Cullison |
U.S. exports to Japan may drop by as much as 5 percent this year if the rising yen keeps Japan's eco
Maritime
GABON LOOKS TO FUTURE OIL PRICE DROP FORCES BELT-TIGHTENING MEASURES
Howard Schissel |
Gabon, sub-Saharan Africa's third-largest oil producer, is bracing for stricter austerity in 1987.
Maritime
FLA. CLERKS, CHECKERS RATIFY ACCORD
Craig Dunlap |
The picket lines came down in southeastern Florida following ratification of a new International Lon
Maritime
STRIKE BREVITY RESTRICTS IMPACT OFFICIALS FEAR CARGO DIVERSIONS IF NEW PACT ISN'T REACHED SOON
Mark Magnier |
Last week's dock strike at U.S. North Atlantic ports didn't prove too costlybecause it only
Maritime
COURT AGAIN TO STUDY INTERSTATE TAXATION OF FIRMS
Leah R. Young |
Some issues never die; they just come back to the Supreme Court in new clothing. The justice
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