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US MAY MOVE AGAINST JAPANESE BANKS HERE
A.E. Cullison |
The Reagan administration may resort to retaliatory measures against Japanesefinancial insti
CANADA-US FREE TRADE URGED
Leo Ryan |
Canada and the United States should negotiate free trade in the transportation sector, a leading Can
Maritime
ATA, UNDERWRITER INK PACT
Leo Abruzzese |
American Trucking Associations signed an agreement with a Cleveland underwriter creating an endorsed
INSURERS BRAVE STOCK SLIDE
C.A. Carpenter |
The increasing influence of Wall Street on the property and casualty insurance industry has become a
NY QUANTIFIES EFFECTS OF REFORM INSURERS TOLD LIABILITY RATES SHOULD BE CUT 3 PERCENT TO 20 PERCENT
Alan Herbert |
New York has become the first state to quantify the effects of tort reform legislation on insurance
DOLE BACKS OIL SPILL LIABILITY PLAN
Robert F. Morison |
Elizabeth Hanford Dole, transportation secretary, expressed the hope that Congress will find time to
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSStrong showings in retail sales and a pickup in producer prices have analysts fe
DOLLAR FALLS OVER A BROAD FRONT
Knight-Ridder Financial |
The U.S. dollar fell over a broad front Friday, giving up nearly all of the week's gains. In
WHITE HOUSE DOWNPLAYS NUMBER OF UNINSURED
Leah R. Young |
The Reagan administration is downplaying the numbers of Americans who are either uninsured or underi
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PLATINUM, GOLD MARTS COULD FALL, RECOVER
Rupert Oldham |
Platinum is expected to fall to $540 and gold could fall below $400 an ounce over the next week as s
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CSX TO SELL ASSETS
Journal of Commerce Staff |
CSX Corp. agreed to sell virtually all of its coal properties to Houston- based Quintana Minerals Co
CHEVRON TO SELL INTEREST IN PA., W.VA. PROPERTIES
Journal of Commerce Staff |
Chevron U.S.A. Inc. agreed to sell its interest in some producing oil and gas properties in Pennsylv
ENERGY BRIEFS
From Wire and Staff Reports |
European Spot Market Settles After RallyA ready supply of prompt barrels quieted down spot o
SUN CUTS PRICES
Journal of Commerce Staff |
Sun Refining and Marketing Co. cut the barge price of its No. 2 fuel oil by 1.75 cents to 41.50 cen
THATCHER APPROVES NORWAY'S EXPORT CUT
(Ap) |
British Prime Minister Margaret Thatcher tacitly approved Norway's preliminary 10 percent oil export
EMERY LIKELY TO OPEN INTRA-EUROPEAN HUB
Phillip Hastings |
Emery Air Freight is expected to launch an intra-European air hub at Maastricht Airport in southern
TRAFFIC BRIEFS
From Wire and Staff Reports |
Exemption Sets Stage For Rail AcquisitionThe Interstate Commerce Commission granted Dakota,
PDVSA READY TO SIGN CITGO DEAL
(Ap) |
The state-owned oil firm Petroleos de Venezuela will sign an agreement topurchase half of Ci
UNION, GUILFORD TO MEET EFFORTS TO RESOLVE LONG-RUNNING DISPUTE CONTINUE
Juliana King |
The Brotherhood of Maintenance of Way Employes said it will meet with the National Mediation Board i
ENORMOUS SAVINGS SEEN IN SWITCH TO EDI
Journal of Commerce Staff |
News from the last day of the International Freight Industry Conference in London: The switc
POLICE RAID OFFICES OF WING ON GROUP
P.T. Bangsberg |
Police staged a series of raids on companies associated with the Wing On group, controlled by one of
Maritime
US FIRM MAY USE CHINESE ROCKET
TOM McNIFF Jr. |
A request by Western Union Corp. for U.S. government approval to launch its Westar VI-S communicatio
AVIATION BRIEFS
From Wire and Staff Reports |
Texas Air Sells Slots As Part of Eastern DealTexas Air Corp. has sold Pan American World Air
ON THE MOVE
Staff Report |
Parker Hannifin Names Collins To Head Sector CLEVELAND - Duane E. Collins was named president of
HONG KONG VENTURE EXPANDS IN US
P.T. Bangsberg |
A little known Hong Kong-Australian group is extending its reach in the United States with the takeo
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
IBM to Make Software At New Center in RomeInternational Business Machines Corp. is establish
Maritime
INTERNATIONAL LOANS
JOC Staff |
EGYPT - $5.1 million to erect 46 water purification plants along the Nile River from Aswan to Cairo
FDIC CHAIRMAN URGES ACTION ON BANKING BILL
Leah R. Young |
The chairman of the Federal Deposit Insurance Corp. is asking Congress not to let the non-bank bank
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
IBM to Make Software At New Center in RomeInternational Business Machines Corp. is establish
Maritime
GROUP OF FIVE TO CONVENE SEPT. 25
(Ap) |
Finance ministers and central bank heads of the so-called Group of Five nations will convene in Was
Maritime
ARGENTINE GROWTH DATA SEEN MISLEADING
Jeremy Morgan |
The Argentine government issued figures showing a 5.7 percent rise in national output during the se
Maritime
MERCEDES BENZ BUYS 49 PERCENT SHARE IN FOUNDRY
James Bruce |
Mercedes Benz do Brasil acquired 49 percent control of Magal, one of Brazil's largest aluminum found
Maritime
AQUINO LAUNCHES TOUR PHILIPPINE LEADER SEEKING FINANCIAL BACKING
Richard Gourlay |
If foreign leaders received ticker tape welcomes, President Corazon C. Aquino, who arrives in Washin
Maritime
AQUINO LAUNCHES TOUR
Richard Gourlay |
If foreign leaders received ticker tape welcomes, President Corazon C. Aquino, who arrives in Washin
Maritime
GLOOMY FORECAST FOR CHUNNEL
Journal of Commerce Staff |
News from the third day of the International Freight Industry Conference in London: Jim Sher
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSStrong showings in retail sales and a pickup in producer prices have analysts fe
COMMITTEE TO CHECK US-FLAG PREFERENCE
Robert F. Morison |
It's very late in the congressional session for action, but the House Merchant Marine subcommittee w
Maritime
ILA REMAINS OPPOSED TO OUTSIDERS AT TALKS
Journal of Commerce Special |
The International Longshoremen's Association has rejected Maryland Port Administrator David A. Wagne
Maritime
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