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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
WEST COAST BRIEFS
from wire and staff reports |
3Com Corp. to Move To Larger FacilityMOUNTAIN VIEW, Calif. - 3Com Corp. signed a $6.9 millio
Maritime
US RICE SUBSIDIES HURT AUSTRALIA
Vincent W. Stove |
Subsidized U.S. production has been blamed for most of the problems facing the Australian rice indus
MONSANTO SELLS VANILLIN BUSINESS
Journal of Commerce Staff |
Monsanto Co. said it sold its vanillin business to Rhone-Poulenc Inc. Roger F. Sellew, comme
EASTERN DEAL GOES AWRY 3 CRAFT REMOVED FROM CF JOINT VENTURE ROUTES
Larry Sterne |
Eastern Airlines is withdrawing three more A300s from its Moonlight Special joint venture with CF Ai
UK RESORT EVOLVING INTO FREIGHT CENTER
Phillip Hastings |
A popular holiday resort area in southeast England, the Isle of Thanet, is set to become a major Eur
GELCO REJECTS CONISTON BUY-OUT BID
Michael S. Lelyveld |
The board of Gelco Corp. unanimously rejected a bid led by Coniston Partners, a New York investors'
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS Philip Morris will sell Seven-Up to a Dallas company. Page 2AThe board of Gel
BUDGET ACT VALUE STILL IN QUESTION
Dallas Morning News |
In the nine months since the Gramm-Rudman balanced-budget act became law, Congress has missed every
DOMINICAN REPUBLIC
JOC Staff |
Top Stories The Dominican Republic seems "ripe for foreign investment" as U.S. firms see the
W. GERMAN BEER INDUSTRY CHALLENGED
(Ap) |
Beer drinkers poured into Munich again to happily quaff millions of liters of beer at the famed Okto
Maritime
BRAZIL COULD RETALIATE AGAINST US ON TRADE
Knight-Ridder Financial |
Brazil will retain a domestic market reserve law for data processing, and respond in-kind to U.S. tr
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
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
SOYBEAN BIDS MAY DROP
David Stawick |
Recent strength in U.S. eastern belt processor bids for soybeans, linked to harvest delays and attra
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.<
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
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
SOVIETS SIGN GRAIN ACCORD
(Ap) |
Two days after ignoring a deadline to buy subsidized U.S. grain, the Soviet Union signed a five-year
ENERGY BRIEFS
From Wire and Staff Reports |
Nigerian Minister Sees OPEC Raising CeilingNigeria's Oil Minister Rilwanu Lukman was quoted
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.
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,
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
CARGO SHARE EVENING OUT VANCOUVER'S CENTERM GETS 2 NEW CUSTOMERS
Journal of Commerce Special |
An unequal division of traffic between the port of Vancouver's two container terminals is to receive
Maritime
PRODUCT LIABILITY LAW STIFLING CREATIVITY?
Leah R. Young |
A Japanese academy of engineering would not have five lawyers on a meeting program, an attorney-engi
TEXTILE FIRMS FAULT QUOTA PLAN INDUSTRY CLAIMS PROPOSAL WOULDN'T REPAIR DAMAGE
Helen Ericson |
U.S. textile industry spokesmen said the Reagan administration's threat to impose a 10 percent quota
US COAL SUPPLIERS BATTLE FOREIGNERS FOR TEXAS PACT
Tim Sansbury |
Foreign coal suppliers have accounted for one-third of the bids for coal needed next year at Central
WEST GERMAN TOOL INDUSTRY HAMMERS OUT BIG NUMBERS
Jess Lukomski |
West Germany's machine tool industry is booming despite a visible decline in the flow of orders from
Maritime
BRAZIL WEIGHS TEXTILE PRODUCTION
James Bruce |
Brazilian textile manufacturers would spend almost $10 billion in order to maintain export capacity
Maritime
JAPAN TO GET SHIPMENT OF BRAZILIAN ALUMINUM
James Bruce |
Japanese investors will receive their first delivery of aluminum ingots from Brazil's new Albras ref
Maritime
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
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Sumitomo Establishes Center in Toledo, OhioSumitomo Corp., a major Japanese trading house, h
Maritime
PRICES FOR OIL DRILLING EQUIPMENT BEGIN TO CLIMB
(Ap) |
The value of oil drilling equipment tumbled along with oil, but machinery prices are beginning to cl
LOW MILEAGE DISCOUNTS INTRODUCED IN MASS.
TOM McNIFF Jr. |
Massachusetts motorists can save up to 10 percent on their automobile insurance if they don't drive
SAFETY PANEL ENTERS GASOLINE VAPOR FRAY
Leah R. Young |
What was once considered a dogfight between the service station industry and automobile manufacturer
INSURERS LOSE GROUND AT HEARING
C.A. Carpenter |
Strike 1, financial guarantee insurance companies. Proposed New York legislation to require
WALSH BUILDS GEOTHERMAL PLANT
Journal of Commerce Staff |
Walsh Construction Co., a unit of Guy F. Atkinson Co. of California, started building a 30-megawatt
BASF ACRYLIC FACILITY SET FOR W. GERMANY
Journal of Commerce Staff |
BASF will build another acrylic acid plant at its production complex in Ludwigshafen, West Germany,
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