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AVIATION BRIEFS
From Wire and Staff Reports |
Air Force to Power Craft With HydrogenThe Air Force is designing a hydrogen-powered plane to
SERVICE CONTRACTS TESTED KSC IS ACCUSED OF REFUSING TO DEAL WITH SHIPPERS GROUP
Robert F. Morison |
A shippers association accused Korea Shipping Corp. of refusing to make available to it more favorab
Maritime
COFFEE TALKS DEADLOCKED
JOC Staff |
Negotiations over the sharing out the world coffee market among members of the International Coffee
FARM SUBSIDY FEATURE IN GATT AGENDA HAILED
(Ap) |
U.S. agriculture officials are hailing success on the farm subsidies issue at the Punta del Este tra
TAX-EXEMPT BOND CHANGES A MIXED BLESSING
John Davies |
Air cargo terminals still can be built with tax-exempt bonds, but airports are going to have to be v
NO DATE SET FOR ACTION ON TRADE BILL
Journal of Commerce Staff |
The Senate Finance Committee failed to set a date for action on a trade bill. It is doubtful that th
Maritime
LIBYAN MOVE BOOSTS FIAT SHARES
(Ap) |
Libya is selling its lucrative holdings in Fiat, Italy's largest automaker and private employer, Fia
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Bechem Can Self-Insure For Cargo LiabilityThe Interstate Commerce Commission ruled that Bech
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSConsumer prices rose only .02 percent in August. Page 3A BANKINGThe Hous
Maritime
COAL JOBS MAY LOSE AID
Tim Sansbury |
Export-Import Bank financing for major foreign coal development projects and for other commodities c
NY EXCHANGE CUT LOSSES IN 2ND PERIOD
Journal of Commerce Staff |
The New York Insurance Exchange reported a 9.5 percent drop to $139.6 million in gross written premi
IRAQ CLAIMS VICTORY IN MAJNOON OIL FIELDS
(Ap) |
Iraqi forces beat off Iranian infantry and marine onslaughts on positions in the Southern Majnoon oi
CHEMICAL MARKETS.
Journal of Commerce Staff |
Occidental Hikes Caustic Soda PriceOccidental Chemical is raising its off-schedule price for
AIR PRODUCTS BUYS PARKER DRILLING UNIT
Journal of Commerce Staff |
Air Products and Chemicals Inc. has acquired Separex Corp. from Parker Drilling Co., Tulsa, Okla.
WANTED: NATURAL GAS FOR COAL
Andrea Chancellor |
Louisiana Power & Light Co. said it won't need up to 5 million tons a year of coal under contract be
PRODUCT LIABILITY REFORM STAYS ALIVE IN SENATE
Leah Young |
The Senate voted to keep alive product liability law reform legislation. In a stunning victo
LLOYD'S CHIEF WELCOMES CANADIAN EXCHANGE
Leo Ryan |
Peter Miller, chairman of Lloyd's, said he welcomed the initiative to establish an insurance exchang
FOREIGN HEADLINES
from wire and staff reports |
France Delays Action PARIS - France's plan to abolish its remaining currency controls will n
Maritime
SPAIN SEEKS CURBS ON EC STEEL IMPORTS
(Ap) |
Spain is seeking to restrict further some steel imports from the other member states of the European
Maritime
ON THE MOVE
Staff Report |
COAL, UTILITIES CINCINNATI GAS & ELECTRIC CO. (Cincinnati) - William H. Dickhoner was electe
INTERNATIONAL BRIEFS
from wire and staff reports |
Intel Claims Precedent In Infringement CaseSAN JOSE, Calif. - A judge's ruling that the micr
Maritime
INTERNATIONAL BRIEFS
from wire and staff reports |
Intel Claims Precedent In Infringement CaseSAN JOSE, Calif. - A judge's ruling that the micr
Maritime
INLAND WATERWAYS
JOC Staff |
Top Stories The president of American Waterways Operators Inc. sees a "slow return to normal
PERU TO BECOME OIL IMPORTER
Barbara Durr |
Peru, an oil exporter, could be forced to import oil in three to five years, oil technicians and gov
DOLLAR CLIMBS IN NERVOUS TRADING
Knight-Ridder Financial |
The U.S. dollar pushed broadly higher Tuesday on short covering triggered by heavy European buying a
MARITIME BRIEFS
From Wire and Staff Reports |
Zim to Switch Berth At Long Beach PortLONG BEACH, Calif. - The Zim Savannah, on an eastbound
Maritime
CUTS WORRY WORLD BANK
(Ap) |
Budget cuts in Congress threaten to reduce future World Bank loans to Third World countries that ben
Maritime
UNION PLANS TO MAKE BID FOR SHIPYARD
Journal of Commerce Special |
A union local that once represented General Dynamics Shipbuilding Division workers says it will bid
Maritime
WESTERN UNION, CHINA INK PACT ON SATELLITE
(Ap) |
Western Union signed a letter of intent to have China launch a Western Union communications satellit
WEATHER GALLS CALIFORNIA FARMERS
(Ap) |
Last year California's $14 billion-a-year farming industry grappled with an unprecedented string of
Maritime
GULF EMPLOYERS STAND FIRM DOCK MANAGEMENT VOWS INDEPENDENT TALKS
Joseph Bonney |
Longshore contract bargaining continues in the Gulf ports, with employer groups still vowing to nego
Maritime
CUSTOMS STAFFING PUSH PAYS OFF IN LA
Journal of Commerce Staff |
A two-year-long effort to secure more inspectors for the Los Angeles district of the U.S. Customs Se
Maritime
TRADE ROUND TO IGNORE BIG IMBALANCES
Felix Dearden |
Trade ministers from over 100 countries launched the Uru guay round of multilateral trade talks that
HOUSTON MARINE SEMINAR
JOC Staff |
Top Stories Containerization of cargo has reduced the number of insurance claims, but the se
AVIATION BRIEFS
from wire and staff reports |
American Seeks Support For NC-UK ServiceThe head of American Airlines has written to the 50,
EC OFFICIAL URGES OPEN STEEL MART
(Ap) |
The European Community industry commissioner called on the 12 EC member states to liberalize the ste
Maritime
DOLLAR UP
Janet Porter |
Undeterred by a recovery of the dollar, the price of gold rose strongly in the Far East and Europe M
BRITAIN URGES NEW STRATEGY FOR EC EMPLOYMENT POLICY
(Ap) |
Britain, with support from Ireland and Italy, is urging the European Community to put more emphasis
Maritime
GULF NATIONS PLAN PRE-OPEC TALK
(Ap) |
Oil ministers of the Saudi Arabian-led Gulf Cooperation Council alliance will meet in Geneva on Oct.
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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