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TRAFFIC BRIEFS
From Wire and Staff Reports |
Railcar Producer to Get Tax Break in New BillPORTLAND, Ore. - A second Portland company will
SHIP SALE APPROVED
Journal of Commerce Staff |
The Maritime Administration approved Bethlehem Steel Corp.'s sale of the Arthur B. Homer to Port Col
Maritime
LA LEADS PORTS IN RETAINED EARNINGS
Bill Mongelluzzo |
The port of Los Angeles, with net income of $57,983,000 in fiscal year 1986, led all other U.S. port
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS The Supreme Court opened its new term by placing on its agenda interstate taxat
WHEAT INDUSTRY WATCHING S. AFRICAN SANCTION EFFECT
Samuel C. Nelson |
Although Sough Africa imports only a small proportion of U.S. wheat exports, that nation's loss as a
RUBBER PACT TALKS RESUME
(Ap) |
Negotiators from 50 nations resumed talks Monday on a new pact to stabilize rubber prices, and the c
PARALLEL PETROLEUM CORP. COMPLETES DISCOVERY WELL
Journal of Commerce Staff |
Parallel Petroleum Corp. announced its McNew No. 1, an exploratory well located 12 miles northwest
CUOMO TO KEEP PSC AT 5 MEMBERS?
(Ap) |
Gov. Mario Cuomo, faced with one vacancy on the utility rate-setting Public Service Commission and a
DOLLAR FALLS IN CAUTIOUS TRADING
Journal of Commerce Staff |
A new set of accounting rules for loan fees and loan origination costs, scheduled to take effect nex
CBOE SEES FUTURES IN ITS FUTURE
Knight-Ridder Financial |
The Chicago Board Options Exchange, in an attempt to remain competitive in the burgeoning U.S. finan
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DILLINGHAM OFFER IS CALLED FINAL CONTRACT TO BE IMPLEMENTED DESPITE LACK OF UNION ACCORD
Journal of Commerce Special |
Dillingham Ship Repair says it will implement a new three-year contract for its workers if it doesn'
Maritime
TURKEY SEEKS BETTER TIES WITH GREECE
(Ap) |
Turkish Premier Turgut Ozal said relations with neighboring Greece would improve if Turkey joined th
Maritime
SEA/AIR SERVICE GROWING
Bill Mongelluzzo |
Sea/air intermodalism is growing in popularity, especially between the Far East and Europe.
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Brother to Produce Typewriters in Tenn.Brother Industries Ltd., a major Japanese maker of se
Maritime
HISPANICS URGE BOYCOTT OF JAPANESE GOODS
Los Angeles Daily News |
Leaders of three Hispanic groups called for a nationwide boycott of Japanese products, saying a luke
Maritime
HISPANICS URGE BOYCOTT OF JAPANESE GOODS
Los Angeles Daily News |
Leaders of three Hispanic groups called for a nationwide boycott of Japanese products, saying a luke
Maritime
ANTWERP CARGO GROWS 5 PERCENT IN 1ST EIGHT MONTHS
Simon Cameron Moore |
A big jump in crude oil and refined products transshipments boosted the volume of cargo handled at A
Maritime
VISITS OF STATE
From Wire and Staff Reports |
Reconciliation Talks PRAGUE, Czechoslovakia - A Chinese parliamentary delegation arrived in
Maritime
NEW ORLEANS DOCKERS WORK UNDER REJECTED CONTRACT TERMS
Joseph Bonney |
Longshoremen in New Orleans overwhelmingly rejected tentative new labor contracts but agreed to work
Maritime
ILA SET TO RETURN TO TABLE NEGOTIATORS ON N. ATLANTIC SEEK ACCORD
Alan F. Schoedel |
Negotiators for the International Longshoremen's Association will return to the contract bargaining
PRUDENTIAL SELLS STAKE IN PROJECTS
Journal of Commerce Staff |
Prudential Insurance Co. of America confirmed plans to sell an interest in four of its real estate
WATERMAN SEEKS ACCESS TO DOCUMENTS
Journal of Commerce Staff |
Waterman Steamship Corp. again appealed to the Maritime Administration for access to documents in th
Maritime
FINANCIAL INSTITUTIONS BATTLE FASB PROPOSAL
Knight-Ridder Financial |
The U.S. dollar declined against most major currencies Monday. Analysts said the market turn
COFFEE PRICES EXPECTED TO STAY AT FIRM LEVELS
Knight-Ridder Financial |
Coffee supply constraints during Oct.-Dec. are expected to keep prices firm until at least December,
2 MORE LENDERS BACK WAH KWONG US, CANADIAN BANKS SIGN RESCUE PLAN, RELEASE SHIPS
P.T. Bangsberg |
The struggling Wah Kwong Shipping & Investment Co. Ltd. got a welcome boost toward survival with the
Maritime
SPOT GAS PRICES DECLINE
Journal of Commerce Staff |
Spot prices for natural gas sold over the Natural Gas Clearinghouse fell in October as a result of s
IPE TAKES LONG VIEW ON FUTURES
Knight-Ridder Financial |
New futures contracts in premium leaded gasoline and heavy fuel oil, to be launched today on the Int
CATALYST ACPUIRES GUARANTY FUELS
Journal of Commerce Staff |
Catalyst Energy Development Corp. through a subsidiary, Catalyst Biomass Corp., acquired Guaranty Fu
PLASTICS CORNER HUNTSMAN CHEMICAL, GE TO FORM JOINT VENTURE
Journal of Commerce Staff |
Huntsman Chemical Corp. and General Electric Co. announced their intention to form a joint venture t
EASTERN SUSPENDS MINING OPERATION
Journal of Commerce Staff |
Eastern Gas and Fuel Associates suspended coal mining operations at its Powderhorn Mine in Grand Jun
CHEMICAL MARKETS SOFT PRICES CONTINUE FOR PATCHOULI
Journal of Commerce Staff |
A soft pricing situation continues to prevail in patchouli, the essential oil used use for both fla
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CENTERM GETS NEW CUSTOMERS
Journal of Commerce Special |
An unequal division of traffic between the port of Vancouver's two container terminals is to receive
Maritime
WORLD TODAY
JOC Staff |
Soviet Sub Sinks MOSCOW - The official Soviet news agency Tass confirmed a nuclear-powered s
DOCKERS LOCKED OUT IN CANADA
Journal of Commerce Special |
Canadian west coast ports fell silent at 1 a.m. Monday as maritime employers locked out 3,400 longsh
HOW THE TAX BILL WILL HIT INSURERS ECONOMIST LINKS P/C IMPACT WITH OVERALL ECONOMIC EFFECT
Alan Herbert |
The reason the new tax bill's insurance provisions are not a good idea is it basically is hitting us
MCLOUTH STEEL WARNS EMPLOYEES ON PRODUCTION
(Ap) |
The principal owner of financially strapped McLouth Steel Products Corp. and a steelworkers union of
CANADIAN OFFER ON TIMBER HIT US INDUSTRY CLAIMS PLAN TO IMPOSE DUTIES INADEQUATE
Journal of Commerce Special |
Canada's offer to impose lumber export duties to counter U.S. charges of dumping lumber in the U.S.
ACURA SALES RISE
Journal of Commerce Special |
American Honda Motor Co. Inc.'s new Acura automobile sales reached 6,531 units in September, a 22 pe
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