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WORLD MONEY FRONT
Knight-Ridder Financial |
The foreign exchange market views the dollar's run-up in the past few days as merely a short-term co
BIPARTISAN SENATORS' GROUP PREPARES GRAIN LOAN BILL
Knight-Ridder Financial |
A bipartisan group of senators, led by Senate Majority Leader Robert Dole, R- Kan., is preparing to
SOVIET SHIP TOLL INCREASES
(Ap) |
Divers cut into the hull of the sunken passenger ship Admiral Nakhimov, searching for more victims i
Maritime
TRADE DEFICIT 1ST IN 10 YEARS FOR CANADA
David Stewart-Patterson |
Canada suffered in July its first monthly deficit in merchandise trade in 10 years, largely because
TANKER MARKET
Knight-Ridder Financial |
Trading was slow on the tanker market with new business limited, brokers said. Rates improve
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
C-E in Negotiations For Chattanooga PactCHATTANOOGA, Tenn. - Combustion Engineering Inc. ent
DANISH BOTTLE FIRMS BUY US ANTHRACITE
Sam Glasser |
One outlet for U.S. anthracite is the glass bottle industry at home and abroad. Port Import/
SUN, CHROMALLOY IN AGREEMENT REACH ACCORD ON RATIO OF EXCHANGE FOR MERGER
Journal of Commerce Staff |
Sun Chemical Corp. and Chromalloy American Corp. announced they have reached an agreement in princip
INSURANCE BRIEFS
From Wire and Staff Reports |
NY Unveils Program For Seniors' DrugsA $125 million insurance program to help senior citizen
STOCKS DECLINE AGAIN
Journal of Commerce Staff |
Stocks declined for the fourth day in a row Wednesday and one widely-followed newsletter said Wall S
COMMISSION DENIES CHEVRON PLATFORM BID
(Ap) |
The California Coastal Commission denied a Chevron Inc. request to place a 12-story oil platform off
BAE PROFITS ARE DOWN IN FIRST HALF
Journal of Commerce Staff |
British Aerospace PLC, the U.K. aircraft manufacturing group, reported after- tax profits of 57 mil
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Deficit Pushes India Toward CountertradeIndia wants free trade but has to use the bartering
Maritime
FIRST PACIFIC REPORTS TURNAROUND IN 1ST HALF
P.T. Bangsberg |
Shipping, trading and commodity conglomerate First Pacific International Ltd. reported profit in the
INVESTIGATOR BLAMES CREWS FOR COLLISION
Journal of Commerce Special |
An initial Coast Guard probe showed the collision in heavy fog of a 128-foot schooner and a passenge
Maritime
DRY CARGO MARKET
Knight-Ridder Financial |
Despite a rate of $7.00 paid from the U.S. Gulf to the continent Tuesday, most sources were reluctan
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
AAEI Midwest Unit Plans Import SeminarThe Midwest unit of the American Association of Export
Maritime
EC DIRECTIVE ON LIABILITY FACES HURDLES
Edwin Unsworth |
The European Community's Directive on Product Liability, scheduled to come into force in two years
MASS. TO DEBATE HOST LIABILITY LAWMAKER TO INTRODUCE BILL TO PROVIDE GUIDELINES
TOM McNIFF Jr. |
A Massachusetts legislator next week will propose a bill that would provide guidelines to determine
CHEMICAL MARKETS
Journal of Commerce Staff |
BASF to Hike Selling PricesOf AcrylatesBASF Chemicals will increase selling prices f
GASOLINE STOCK BUILDUP DEPRESSES OIL PRICES
Kirby V. Freeman |
Crude oil prices on the New York Mercantile Exchange fell below $15 a barrel Wednesday mainly result
YANKEE SCORES PROPOSAL ON NUCLEAR PLANT REVIEW
Journal of Commerce Special |
New Hampshire Yankee Corp. says a Massachusetts plan to require full environmental review of emergen
TRANSPORT CALENDAR
JOC Staff |
Southeast Rail Shippers Advisory Board, 200th annual meeting, Sept. 10-11. Jacksonville Hilton, Jack
AVIATION BRIEFS
From Wire and Staff Reports |
Delta/Western Airline Would Be 4th LargestDelta Air Lines' $860 million acquisition of Weste
TACOMA STUDIES OIL, GAS PROJECT ANCHORAGE WANTS JOINT LOBBY FOR WILDLIFE REFUGE DRILLING
Gloria Joseph |
Port of Tacoma officials are being asked to seek congressional support for oil and gas exploration o
Maritime
JAPAN HOPES PLAN SPURS TURNAROUND
A.E. Cullison |
Japanese government officials disclosed the draft outline of a $22.6 billion package of pump-priming
Maritime
US RICE GROWERS CRITICIZE JAPAN EXPORTERS SAY LOST SALES TOTAL $1.7 BILLION A YEAR
Richard Lawrence |
The U.S. rice industry petitioned the Reagan administration to get Japan to open its rice market to
VISITS OF STATE
From Wire and Staff Reports |
Mitterrand Visit Nears JAKARTA, Indonesia - Francois Mitterrand, the first French president
ON THE MOVE
JOC Staff |
Weatherstone Elected to HeadJ.P. MorganDennis Weatherstone was elected president of
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 10, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU.
FORMER JOFC EDITOR, FERGUSON, DEAD AT 74
Journal of Commerce Staff |
Stanley Ferguson, editor of The Journal of Commerce from 1962 to 1969, died Wednesday in his sleep.
FMC TO PROBE TERMINAL RATE PACT PROPOSAL
Journal of Commerce Staff |
The Federal Maritime Commission decided to investigate fully an agreement proposed by carriers for s
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Mexico Likely to Cut Some Grain ImportsThe U.S. counselor in Mexico City has lowered his est
RULES FOR SERVICES WORRY 3RD WORLD
Felix Dearden |
The U.S.-inspired bid to devise rules for traded services under the General Agreement for Tariffs an
PERU EXPECTS DROP IN '86 COPPER OUTPUT
Knight-Ridder Financial |
Peru's 1986 fine copper output is projected to total 397,037 metric tons, down from last year's 401
N. ATLANTIC PORTS SEEK FORUM OK FMC APPROVAL SOUGHT TO AIR MATTERS OF COMMON INTEREST
Robert F. Morison |
Thirteen North Atlantic port agencies sought Federal Maritime Commission approval to confer on matte
Maritime
CRITICS HIT REAGAN ON AUTO SAFETY
(Ap) |
Twenty years ago the federal government began regulating auto safety, and as cars became safer the n
JAPAN INTERESTED IN ALASKAN OIL
(Ap) |
Nine companies, seven of them Japanese, asked to be allowed to bid on state- owned oil when Alaska a
HIGH COSTS TO SLOW POWER WHEELING GROWTH?
Andrea Chancellor |
The growing practice by utilities of bulkpower transmission may slow down be cause the costs are too
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSIndexes of a business study group indicate better U.S. employment, less decline
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