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TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALThe seesaw pattern of the credit markets last week will continue while participants
WEST COAST BRIEFS
From Wire and Staff Reports |
Lumber Production, Shipments IncreasePORTLAND, Ore. - Lumber production and shipments increa
Maritime
PROMET OF MALAYSIA PLACED IN RECEIVERSHIP
Journal of Commerce Special |
One of the largest companies in Malaysia, Promet Bhd., has been placed in receivership as creditor b
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Iowa Governor Opens Trade Office in TokyoIowa Gov. Terry Branstad formally opened the Depart
Maritime
COURT OKS PLAN FOR ANNUITIES METROPOLITAN TO TAKE OVER BALDWIN'S $1.3 BILLION BOOK
C.A. Carpenter |
An Arkansas judge who said he plans to let Metropolitan Life Insurance Co. take over $2.1 billion in
MARAD TO REVISE SUBSIDY CALCULATIONS
Robert F. Morison |
The Maritime Administration will put into effect in late October a new method of calculating operati
Maritime
INSIDE TALK ON ENERGY
Andrea Chancellor |
A UTILITY FUEL BUYER has a suggestion on contract coal pricing that makes some producers cringe.
ENERGY BRIEFS
From Wire and Staff Reports |
Hargreaves Rejects Coalite Takeover BidHargreaves Group PLC, an oil and coal trading company
SUBROTO EXPRESSES OPTIMISM
Journal of Commerce Staff |
Indonesia is optimistic that world oil prices will rise following the Sept. 1 production cuts by mem
CALIF. TO ADOPT REGIONAL ALLOCATION
John Davies |
With traffic at the West Coast's largest airport expected to rise by 50 percent to 125 percent in th
NUCLEAR WASTE RAISES CONCERN
(Ap) |
A nuclear graveyard in space is filling with debris from worn-out Soviet satellites, and poses the t
MARITIME BRIEFS
JOC Staff |
Passenger Ship Burns in ShanghaiA passenger ship under repair near Shanghai caught fire Frid
Maritime
STRESS IN FARM FINANCE THREATENS TO DEEPEN
Journal of Commerce Staff |
The stress in American agriculture and agricultural finance will deepen without new policies and pra
INSURANCE BRIEFS
From Wire and Staff Reports |
Enrollment Declines At US Medical SchoolsMore and more graduates of U.S. medical schools are
PROBLEMS BLOCK EFFORTS TO PROP UP MISSION
(Ap) |
Deepening losses apparently are unraveling efforts to prop up ailing Mission Insurance Co., controll
UNION CARBIDE PLANS
Journal of Commerce Staff |
Union Carbide Corp. announced plans for a 50 percent increase in latex production capacity at its UC
UTILITIES LOSING THEIR HOLD ON BIG INDUSTRIAL COMPANIES
Kirby V. Freeman |
The growing ability of large industrial companies to shop around for low-cost electric power could c
JAPANESE DEVELOP FALLOUT MONITOR
(Ap) |
A computerized system capable of monitoring radioactive fallout caused by accidents at nuclear power
REPORT ON 1990 PAINTS GLOOMY PICTURE OF US OIL INDUSTRY
Bruce Nichols |
Picture a world in which the United States imports nearly half its oil, largely from the Middle Eas
TRAFFIC BRIEFS
From Wire and Staff Reports |
Conrail Busy Upgrading Niagara Junction TrackConsolidated Rail Corp. is installing 9.5 miles
ROVER GROUP LOSSES SOARED IN FIRST HALF
Edwin Unsworth |
Rover Group PLC, Britain's biggest carmaker, reported an operating loss for the first half of the ye
Maritime
CONGRESS READY TO SLASH AID GLOBAL AGENCIES TARGETED FOR CUTS IN CONTRIBUTIONS
Richard Lawrence |
Congress is about to slash contributions to the major international economic aid agencies. T
Maritime
FMC PLAN DRAWS LIMITED CRITICISM ATTORNEYS ARE THE MAIN CRITICS OF ORAL ARGUMENT RULE CHANGE
Robert F. Morison |
Sparse but intense reaction greeted a Federal Maritime Commission proposal to revise some of its pro
Maritime
UK FORECASTS SURPLUS OF GRAIN FOR EXPORTS
Knight-Ridder Financial |
The United Kingdom will have 13.36 million metric tons of surplus grain available for export in 198
INTERNATIONAL LOANS
from wire and staff reports |
IMF MADAGASCAR - $36 million from the International Monetary Fund to help the government car
Maritime
RISING COSTS HELD THREAT TO INDIA'S GROWTH GOALS
Journal of Commerce Special |
The Economic and Scientific Research Foundation, New Delhi, an organization attached to Federation o
Maritime
PROFITS LEAP 173 PERCENT AT HONG KONG'S JARDINE
P.T. Bangsberg |
Jardine Matheson Holdings Ltd., Hong Kong's premier trading group, said net income soared 173 percen
Maritime
DANA TERMINATES VENTURE TALKS
Journal of Commerce Staff |
Dana Corp. an Ohio-based firm that produces and distributes motor vehicle and industrial power trans
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
TWRA SETS UP HOTLINE ON CARGO SURCHARGE
Journal of Commerce Staff |
The TransPacific Westbound Rate Agreement has set up a telephone hotline to provide information abou
Maritime
MIDEAST TO KEEP PETROCHEMICALS
Journal of Commerce Staff |
Major quantities of Mideast petrochemicals will be consumed locally and regionally in the coming yea
STRATEGIES ACHIEVE RESULTS
Journal of Commerce Staff |
Schering-Plough reached several major milestones in 1986 as a result of growth strategies, achieved
UK COAL OUTPUT AT RECORD HIGHS
Journal of Commerce Staff |
Productivity of Britain's ailing coal industry has reached record high levels, helped by the coal bo
NINE MILE LABOR PACT
(Ap) |
About 70 percent of the construction workers still on the job at the almost- completed Nine Mile Poi
IAEA ADOPTS NUCLEAR ACCORDS
(Ap) |
Senior energy officials from 83 nations, ending a post-Chernobyl meeting, have agreed on the wording
US TRADE ZONES THRIVE
Kathleen A. Charles |
The number of U.S. foreign trade zones is increasing, but the duty-free area concept has not yet rea
Maritime
EC TO PRESS JAPANESE TO OPEN LIQUOR MARKET
(Ap) |
The European Commission said it will send a new mission to Japan this week to press it to open its e
WEEK AHEAD
From Wire and Staff Reports |
IMF-World Bank Meet WASHINGTON - The International Monetary Fund and World Bank annual meeti
DAIRY LOBBY SEEN CONTINUING
Dirck Steimel |
The dairy lobby - already considered one of the most influential groups on Capitol Hill - shows no s
COFFEE TALKS END WITHOUT MARKET-SHARING AGREEMENT
(Ap) |
Nearly two weeks of talks among International Coffee Organization producers and consumers ended with
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