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TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALBank of Japan Governor Sumita said he can see no immediate need to lower the Japane
Maritime
AUTO INCENTIVES END - WILL SALES?
(Ap) |
U.S. car buyers, spoiled by September's interest-rate war among major U.S. automakers, will be hard
SOVIET 1986 GRAIN YIELDS ARE REPORTEDLY HIGHER
Knight-Ridder Financial |
The U.S. agricultural counselor said it was "highly significant" that U.S.S.R. reports repeatedly sa
CONGRESS FAILS TO AGREE ON 1987 FARM SPENDING
Knight-Ridder Financial |
Despite a series of closed-door staff meetings, U.S. House and Senate conferees are finding trouble
LINES SEEK TO JOIN US-INDIA CONFERENCE
Journal of Commerce Special |
Some major non-conference operators are lobbying for entry into the conference fold having realized
Maritime
PORTS STILL HOPE TO LURE CROWLEY MIAMI, NEW ORLEANS WORK TO WIN BACK THE NEW CCT
Craig Dunlap |
Neither Miami nor New Orleans have given up on Crowley Caribbean Transport, but the International L
Maritime
INSIDE TALK ON WORLD BANK/IMF MEETINGS
Keith M. Rockwell |
NO SURE THING. While H. Onno Ruding, Dutch finance minister is the favorite to replace Jacques de La
GRACE CUTS CORPORATE STAFF IN RESTRUCTURING MOVE
(Ap) |
W.R. Grace & Co. said it cut 164 jobs in its corporate staff, a reduction of about 25 percent.
POWER LINE FACES DELAY OBJECTIONS COULD FORCE CONTRACT RENEGOTIATIONS
TOM McNIFF Jr. |
New England Hydro-Transmission Corp. says the New Hampshire attorney general has raised moot" financ
CASH PRICES FIRM IN NEW YORK HARBOR
Knight-Ridder Financial |
Cash petroleum prices gained in the New York harbor area this week, followinggains in the fu
CUBA TO BUILD SUPERTANKER BASE
(Ap) |
Cuba signed contracts with Soviet and French companies to build a base capable of handling oil super
INSURANCE BRIEFS
From Wire and Staff Reports |
Senate Panel Delays Vote On Bermuda Tax TreatyThe Senate Foreign Relations Committee decided
NEW WORLD POISED FOR GROWTH
Journal of Commerce Staff |
The New World Shippers Association said its members shipped 700 40-foot container units of cargo und
Maritime
INDONESIA SEES STABLE ECONOMY
P.T. Bangsberg |
The main prop of Indonesia's economy, its energy sector, is unlikely to recover in the near term, bu
Maritime
CANADA-UK AIR ROW HEATS UP
Journal of Commerce Special |
Canada can deal a costly blow to British Airways if the United Kingdom follows through on a threat t
Maritime
DIVERSE GROUPS PUSH SUPERFUND
Leah R. Young |
The idea that politics makes strange bedfellows was demonstrated in a joint press conference by the
US INTENDS TO SIGN COPYRIGHT CONVENTION
(Ap) |
The United States intends to become a signatory in 1987 to the Berne convention that protects the ri
CHEMICAL PRICES SHOW STRENGTHENING TREND
Al Wyss |
A strengthening trend in chemical prices prevails as the fourth quarter begins. Prices of a
INDONESIA SEES STABLE ECONOMY
P.T. Bangsberg |
The main prop of Indonesia's economy, its energy sector, is unlikely to recover in the near term, bu
Maritime
INSURERS ARMED AGAINST BANKS
C.A. Carpenter |
Citicorp has unwittingly opened a new window of opportunity for insurance agents to put more pressur
PLASTICS CORNER CANADIAN SHIPMENTS INCREASE
Journal of Commerce Staff |
Canada's plastics fabricators shipped $8.7 billion worth of products in 1985, an increase of 11.4 pe
DIAMOND SHAMROCK SHARES ARE SOLD
(Ap) |
Stanford University says it has sold its stock in Diamond Shamrock Corp.because the company
Maritime
HONG KONG TOYS WITH JAPANESE
P.T. Bangsberg |
Hong Kong's local toy industry, the world's leading exporter of toys, has set an ambitious goal to c
Maritime
ATLANTIC, ULTRAMAR SET CLOSING DATE
Journal of Commerce Staff |
Atlantic Petroleum Corp., King of Prussia, Pa., and Ultramar Petroleum Inc., Monta vale, N.J., said
FBI PROBES COVER-UP CHARGES
(Ap) |
The FBI is investigating allegations that the Federal Aviation Administration softened a 1984 safety
CHINA RENEWS CALL FOR FOREIGN INVESTMENT
P.T. Bangsberg |
Foreign businessmen could not find a safer investment than in China, paramount leader Deng Xiaoping
Maritime
SENATORS CLING TO PLAN TO RAISE 55 MPH LIMIT
(Ap) |
Senators negotiating a multibillion-dollar highway funding bill continue to cling to their plan to r
INVESTORS MUST WAIT FOR CONRAIL
David M. Cawthorne |
Conrail stock won't hit the markets until next year despite Congress' anticipated approvals of a pub
EXPANSION WOES BESET OAKLAND ENVIRONMENTALISTS FIGHT AIRPORT DEVELOPMENT PLANS
Maureen Robb |
The port of Oakland is fighting one more hurdle to expanding its airport. After starting to
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Marad OKs Financing For Ship ConstructionThe Maritime Administration approved Liberty Cruise
Maritime
STUDY REBUTS US FARM GROUPS
Helen Ericson |
U.S. and Third World farmers can cooperate for mutual benefit, contrary to popular assumption, a stu
Maritime
HONG KONG TOYS WITH JAPANESE MANUFACTURERS STRIVING TO BOOST MARKET SHARE
P.T. Bangsberg |
Hong Kong's local toy industry, the world's leading exporter of toys, has set an ambitious goal to c
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Waterford Glass Offers To Buy WedgwoodWaterford Glass, the Irish crystal glass maker, made a
Maritime
INDIA MAY CUT IMPORTS TO FORCE EXPORT HIKE
Journal of Commerce Special |
India may restrict imports of raw materials, industrial machinery and components by large engineerin
Maritime
SKYWAY OFFERS CONTROL SUPPLY CHAIN MONITORING AIDS MANUFACTURERS
Bill Mongelluzzo |
Burroughs Corp. is accomplishing what experts in transportation logistics say is difficult, if not i
TOTAL SEEKS TO SECURE US POSITION
Howard Schissel |
France's state-controlled oil concern, Compagnie Francaise des Petroles, or Total-CFP, is taking adv
DETERGENT FUEL PASSES MOBIL'S TEST
Journal of Commerce Staff |
Specially formulated detergent gasoline brands can significantly eat away deposits that clog automob
VISITS OF STATE
From Wire and Staff Reports |
Queen Visits Hungary BUDAPEST, Hungary - Queen Beatrix of the Netherlands arrived in Hungary
Maritime
PLASTICS CORNER ESSEX ACQUIRES UNION
Journal of Commerce Staff |
Essex Chemical Corp. announced that it acquired Union Plastics Inc., Kennedale, Texas, a leading pro
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
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