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TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe government's main gauge of future economic activity fell in August for the t
Maritime
COMMITMENT SPURS GROWTH FOR AIR CANADA
Richard Malkin |
If one stretches his recollection of the entire span of the 50-year existence of Air Canada (nee Tra
AVIATION BRIEFS
From Wire and Staff Reports |
Lockheed Comments On C-5B AllegationsCALABASAS, Calif. - Lockheed Corp. denied recent allega
FARM PROPOSALS PROLIFERATE
(Ap) |
House Agriculture Committee members, on a visit to Canada to meet farmers and farm officials there,
DU PONT TO CONSTRUCT KRYTOX PLANT IN JAPAN
Journal of Commerce Staff |
The Du Pont Co. announced it will construct a plant to produce "Krytox" vacuum pump fluids and fluor
ECONOMISTS PREDICT RESTRAINED INFLATION
Journal of Commerce Staff |
Economists said inflation is unlikely to accelerate much, despite fast money growth and a declining
FINANCIAL BRIEFS
From Wire and Staff Reports |
US Primary Dealer Now Hongkong EntityThe CM&M Group today becomes a 51 percent entity of Hon
AUSTRALIAN BANKS EXPAND ABROAD
Vincent W. Stove |
The international thrust of Australian banks continues. The Australia and New Zealand Bank h
MARITIME BRIEFS
JOC Staff |
ILWU in Canada Approves Strike VoteVANCOUVER, British Columbia - British Columbia's 3,400 lo
Maritime
NORTHWEST GATEWAY FOR AUTO IMPORTS GROWING
Bruce Johnson |
Three hundred thousand cars - 75 percent of them destined for points east of the Rockies - will be
Maritime
MAYFLOWER MULLS ALTERNATIVES
Leo Abruzzese |
The proposed management buy-out of Mayflower Group Inc. is one of several alternatives facing the co
JAPAN NARROWS BOP SURPLUS AUGUST DECLINE ATTRIBUTED TO MERCHANDISE, INVISIBLE TRADE
A.E. Cullison |
Japan registered a current account surplus of $7.05 billion in August, offfrom $8.03 billion
Maritime
TRADE WITH CHINA
JOC Staff |
Top Stories The Chinese, fearing a mounting trade deficit, have intensified their push to in
OPEC RESTRAINT CONFOUNDS CYNICS
Bruce Barnard |
The Organization of Petroleum Exporting Countries passed the halfway stage of its two months product
PE TO REDUCE GAS RATES
Journal of Commerce Staff |
Philadelphia Electric Co. announced that effective Oct. 1, gas rates will be reduced $46.6 million t
UNITED TO MODIFY TAKEOFF PROCEDURES
JOC Staff |
United Airlines will modify the way 228 of its 361 jets are flown on takeoff and substantially reduc
PASSENGER TRAFFIC INCREASES AT NEWARK
(Ap) |
Fear of terrorist attacks is one reason that more passengers are using the nation's fastest growing
INDIAN SUGAR OUTPUT SEEN BELOW DEMAND
Knight-Ridder Financial |
India's sugar output during 1986-87 (October-September) is unlikely to meet the country's rising dom
HOUSTON'S OWN TEAM TO RUN FTZ
Gary Taylor |
The Port of Houston Authority has replaced a private company that was managing its foreign trade zon
Maritime
A ONE, TWO, THREE PUNCH FOR PORTS
Mark Magnier |
At least three disturbing legislative trends threaten the U.S. port industry, according to Erik Stro
Maritime
MARINE CASUALTIES
JOC Staff |
The 38,406-deadweight-ton Chinese bulk carrier Liu Lin Hai reportedly caught fire in its No. 5 hold
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Stauffer Increases Vanadium PriceStauffer Chemical Co. is raising its price of vanadium oxyt
AUSTRALIAN LIFE INDUSTRY BOOMING
Vincent W. Stove |
The Australian life industry continued to boom ahead during 1985. But some offices did a lot
REINSURERS TRYING TO AVOID RISK
C.A. Carpenter |
The very same industry trying to hold back today's riskless society is not listening to its own advi
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan Reaffirms Role In SDI ProgramThe recent decision by the Nakasone administration permit
Maritime
HARD WORK = MORE MONEY
Jennifer Lin |
Tao Zuji knew he was taking a risk. City officials would not permit him to start his own bus
Maritime
NICARAGUA TRADE IN DEFICIT
(Ap) |
Nicaragua's trade deficit is expected to reach $608 million this year due largely to the United Stat
Maritime
FLEXIBLE COMPUTER SIGNS BURTEK PACT
Journal of Commerce Staff |
Burtek, a subsidiary of the French electronics firm Thomson CSF, signed a $5 million original equipm
Maritime
WORLD TODAY
From Wire and Staff Reports |
DOT to Review Service WASHINGTON - Transportation Secretary Elizabeth Hanford Dole decided t
IRAN'S OIL MINISTER VISITS KUWAIT
(Ap) |
Gholamreza Akazadeh, Iranian oil minister, who is reportedly drumming up support forfresh Iranian pr
NEW US SUGAR QUOTA LEVEL NOT LIKELY UNTIL DECEMBER
Knight-Ridder Financial |
Normally at this time of year, the U.S. would be close to announcing the coming year's sugar import
COAST GUARD SEEKS VIEWS ON PROPOSALS
Journal of Commerce Staff |
The U.S. Coast Guard seeks comments on its proposed rules to guard against pollu tion from hazardous
Maritime
MOBAY STARTS PRODUCTION OF POLYCARBONATE RESIN
Journal of Commerce Staff |
Mobay Corp., a company of Bayer USA Inc., started production of high-purity polycarbonate resin for
PRAVDA BLAMES CHERNOBYL FOR ELECTRICITY SHORTFALL
(Ap) |
The Chernobyl nuclear accident and delayed construction at three other nuclear plants are contributi
VT. WARNS COMPANIES ON COERCION
Journal of Commerce Staff |
Insurance companies in Vermont have been warned to stop forcing customers to buy more than one of th
DOLLAR GAINS SOME GROUND AS TRADE DEFICIT DECLINES
Knight-Ridder Financial |
The U.S. dollar gained ground Tuesday on news of a lower-than-expected $13.3 billion merchandise tra
WHEAT EXPORT OUTLOOK STEADY
(Ap) |
The outlook for U.S. wheat exports is holding steady at 31.3 million tons for the current marketing
COUNCIL URGES ANALYSIS OF NY MEDICAID COSTS
Journal of Commerce Special |
A comprehensive analysis of the New York Medicaid program has been urged by State Comptroller Edwar
US SIDES WITH INSURERS IN CALIF. BAD-FAITH SUIT
(Ap) |
Saying it is concerned about insurance costs, the Reagan administration is siding with insurers who
JAPANESE BULLISH ON CHIPS
A.E. Cullison |
Japan's exports of 1-megabit DRAM semiconductor chips will more than triple to 1.3 million units in
Maritime
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