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D'AMATO OPPOSES SHOREHAM LICENSING
(Ap) |
Saying officials should not ignore the lessons of Chernobyl, Sen. Alfonse D'Amato testified that the
RISK RETENTION WINS HOUSE OK
Leah R. Young |
The House passed risk retention legislation that will allow businesses to self-insure or make group
GREEK OWNERS UP IN ARMS
Victor Walker |
Greek shipowners have reacted with anger and dismay to a new legislative package offered by the coun
Maritime
MALAYSIA EYES HIKE IN PALM OIL SALES
Knight-Ridder Financial |
Malaysia is expected to increase palm oil sales to India and Pakistan through countertrade, accordin
WORLD TODAY
From Wire and Staff Reports |
Stock Prices Rise Again NEW YORK - Stock prices rose again Tuesday as interest rates decline
WEST COAST BRIEFS
from wire and staff reports |
Knudsen Foods Receives 2-Day Credit ExtensionKnudsen Foods Inc. said its financial creditors
Maritime
TRUCK-BUS CODE NEARING HOUSE PANEL EXPECTED TO CLEAR MEASURE THIS WEEK
David M. Cawthorne |
The House Public Works and Transportation Committee this week is expected to approve a bill setting
WHEN THE OIL BOOM WENT BUST, THIS TEXAN TURNED TO RIBS
(Ap) |
When the oil boom went bust, Michael Shapira put on apron and launched a second career as a restaura
COMPETITION KEEN IN FERTILIZER INDUSTRY
Journal of Commerce Staff |
The oversupply and poor return prevailing in the U.S. and European chemical fertilizer industries wi
CHINA CONTRACTS FOR NUCLEAR UNIT
Jasper Becker |
Western and Chinese partners toasted each other with champagne in the Great Hall of the People Tuesd
TAX PROVISION UPSETS CARRIERS BROKER, FORWARDER COMMISSIONS SUBJECT TO INDEPENDENT ACTION
Robert F. Morison |
Congressional and carrier feathers were ruffled by the addition to the tax reform bill of a provisio
Maritime
COST OF CREDIT
JOC Staff |
Tuesday, September 23, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
HOUSE ACTS TO BAN GRAIN ADULTERATION
(Ap) |
The House of Representatives, acting after complaints from buyers about the quality of U.S. grain qu
US CONTINUES TO OPPOSE UK CARGO PLANE RULING
Journal of Commerce Staff |
The United States continues to insist that the United Kingdom repeal restrictions against cargo plan
UK REITERATES SANCTIONS STAND
Keith Rockwell |
Negotiation with the African National Congress, a leading foe of the South African government, is no
Maritime
ECONOMY GLUTS BRAZILIAN AIRLINES
James Bruce |
Brazilian airlines are frantically searching for planes to lease on the international market in orde
TOYOTA PLANS PHILIPPINE PLANT GOVERNMENT BODY TO REVIEW CAR MANUFACTURING PROGRAM
Richard Gourlay |
Toyota of Japan is preparing to invest $15 million in a car assembly plant in the Philippines that b
Maritime
LONG BEACH PORT HEALTHY NET RISES 28 PERCENT AS EXPENSES REMAIN FLAT
Bill Mongelluzzo |
Net income at the port of Long Beach increased 28 percent in fiscal 1986, reflecting growth in opera
Maritime
SURPRISE VOTE ON IMPORT FEE RAISES WORRIES
Richard Lawrence |
Proposals to tax imports to fund domestic programs are causing rising concern among businessmen and
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MSAS-JARDINE PLAN AIR FREIGHT DRIVE
John Davies |
When McGregor Sea and Air Service and Jardine Cargo - two of the world's major air freight forwarder
POLLUTION OUTLOOK BRIGHTENS
C.A. Carpenter |
A new pollution insurance company trying to attract at least $400 million in capital underscores a g
2 PACIFIC CONFERENCES TOLD TO PRODUCE DATA
Robert F. Morison |
The Trans-Pacific Freight Conference of Japan and the Japan-Atlantic and Gulf Freight Conference wil
Maritime
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
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