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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TANKER UPTURN REPORTED
Journal of Commerce Staff |
The first six months of 1986 saw a slight recovery of the tanker market as a result the decline in
Maritime
INSIDE TALK ON INSURANCE
Edwin Unsworth |
OK, SO LLOYD'S OF LONDON has recorded an underwriting loss in its last three completed financial yea
DOLLAR MOVES HIGHER IN CAUTIOUS TRADING
Knight-Ridder Financial |
The U.S. dollar moved moderately higher Thursday in cautious trading ahead of meetings in Washington
FINANCIAL BRIEFS
From Wire and Staff Reports |
Exxon Shipping Co. Files Shelf OfferingExxon Shipping Co., a unit of Exxon Corp., filed with
COST OF CREDIT
JOC Staff |
Thursday, September 25, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanad
US, JAPAN TO DISCUSS SHIPPING TODAY'S MEETING ADDRESSES PROBLEMS IN PACIFIC TRADE
A.E. Cullison |
Government officials from the United States and Japan plan to exchange views on trans-Pacific shipp
Maritime
COFFEE COUNCIL AGREES TO TRIGGER PRICE
Knight-Ridder Financial |
The International Coffee Organization has agreed on a trigger price of 145 U.S. cents a pound to for
CARIBBEAN COUNTRIES LOOK TO ASIA
P.T. Bangsberg |
Caribbean countries are turning more and more to investment from Asia to stimulate their economies.<
Maritime
CALIFORNIA PUSHES PRUNES INDUSTRY TOUTS FRUIT AS HIGH-FIBER HEALTH FOOD
(Ap) |
It would be hard to promote prunes as the most romantic or sexy fruit around,wrinkled and pu
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Niagara Mohawk Raises Rate-Hike RequestALBANY, N.Y. - Niagara Mohawk Power Corp. increased i
INDONESIA AGREES TO CUT LNG PRICES
(Ap). |
Indonesia agreed to revise its prices of liquefied natural gas and will base them on the spot market
VENEZUELA DENIES RUMORS IT PLANS TO EXIT OPEC
Sam Glasser |
Venezuelan officials emphatically denied rumors that the country was planning to pull out of the Org
STUDY: ACID RAIN BILL COSTLY
Journal of Commerce Staff |
An economic analysis of an acid rain bill pending before the Senate shows it would cost electricity
MARAD PAYS TITLE XI GUARANTEES
Journal of Commerce Staff |
The Maritime Administration paid out more than $17 million to meet obligations on financing it had g
Maritime
LONG BEACH PROFITS RISE 28 PERCENT
Journal of Commerce Staff |
Net income at the port of Long Beach increased 28 percent in fiscal 1986, reflecting growth in opera
Maritime
ILA TO APPEAL ALLIED PLYWOOD AWARD
TOM McNIFF Jr. |
The International Longshoremen's Association will appeal a federal court award of $8 million to Alli
Maritime
INDIA'S DEBT BURDEN STUDIED
Trevor Drieberg |
The 43-member Economic and Social Commission of Asian and the Pacific has called for greater interna
Maritime
PERU LAUNCHES TALKS WITH BANK CREDITORS
Barbara Durr |
Peru will will begin negotiations today with its commercial bank creditors for the first time since
Maritime
STOCK PRICES FALL SHARPLY
Gordon Platt |
Stocks slumped Thursday after three straight days of gains. Analysts attributed the sharp se
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurers Given Advice On Tort Reform ImpactCasualty insurance companies in New York are on t
PRODUCT BILL F ILIBUSTER ENDS
Leah R. Young |
The Senate voted 97-1 to end a filibuster and get on with the debate over product liability law refo
WHEAT COUNCIL SEES RISE IN GLOBAL PRODUCTION
Knight-Ridder Financial |
The International Wheat Council estimated 1986-87 world wheat production at 511 million metric tons,
$4.8 MILLION IN CROPS DESTROYED BY PESTS
Knight-Ridder Financial |
Grasshoppers, rats, worms and other pests have destroyed crops in Nigeria worth more than $4.85 mill
WAH KWONG GETS A BOOST
Roger Schreffler |
The financially troubled Wah Kwong shipping group, seeking to win support for its debt restructuring
MARITIME BRIEFS
From Wire and Staff Reports |
South Korea Plans New Bay of Asan PortSEOUL, South Korea - South Korea's Construction Minist
Maritime
US CARRIERS REASSURED NEGOTIATOR SAYS CARGO TREATY WON'T SET PRECEDENT
Robert F. Morison |
The top U.S. negotiator insisted that a proposed new cargo-sharing treaty with Iceland sets no prece
Maritime
FOREIGN TRADE ZONE APPROVED FOR STIHL AT VIRGINIA BEACH
Journal of Commerce Special |
Virginia Port Authority commissioners ratified the establishment of a foreign trade zone for Stihl I
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
AT&T to Design University NetworkThe University of Southern California signed a $21.8 millio
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Sept. 13, 1986, total piggyback freight hauled on the nation's major railroads eq
SOME COMPANIES FIND LIFE IN OUTSOURCING
JOC Staff |
Although automation will help many U.S. companies survive, it's not a panacea that will enable all U
IIAA PANEL TO EYE INSOLVENCIES, LAWS
Journal of Commerce Staff |
The insolvency of Iowa National Mutual Insurance Co. has left 89 insurance agents financially respon
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COMMODITY BRIEFS
Wire and Staff Reports |
1986 Cocoa Agreement Is Signed by NigeriaNigeria Wednesday signed the 1986 International Coc
ARGENTINA EXPORTED LESS GRAIN IN AUGUST
Knight-Ridder Financial |
Argentina exported 1,848,745 metric tons of grain, oilseeds and grain subproducts in August, down fr
KOREA SHIPPING CORP. FIGURES IN NEW COMPLAINT TO FMC
Journal of Commerce Staff |
For the second time in less than a week, Korea Shipping Corp. was the subject of a complaint to the
Maritime
WATERWAYS CHIEF BIDS CAUTION ON USER FEES
Joseph Bonney |
The nation's inland waterways have ridden a cycle of boom and bust and need to regain their equilibr
Maritime
PLANT PULLED FROM RATE BASE
Journal of Commerce Staff |
Public Service Co. of Colorado will remove its Fort St. Vrain nuclear stationfrom its rate b
JONES-BLACK PACT WITH NIAGARA SET
Journal of Commerce Staff |
Jones-Black River Service Inc. will sell the electric output of its 49.9 megawatt coal-fired plant t
ARGENTINA PROPOSES TOUGH BANK REFORM
Jeremy Morgan |
The government of Argentina sent a financial reform bill to Congress amid continuing reaction to the
Maritime
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