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CALM RETURNS TO MARKETS
Gordon Platt |
The financial markets regained some composure Monday following last week's record debacle. S
COST OF CREDIT
JOC Staff |
Monday, September 15, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU
MITSUBOSHI BELTING TO BUILD ILL. PLANT
(Ap) |
A Japanese automotive belt manufacturer will build a $20 million plant that will bring as many as 25
Maritime
ARGENTINE INFLATION RATE RISES TO 8.8 PERCENT IN MONTH
Jeremy Morgan |
Argentina's inflation rate reached 8.8 percent during August, the worst monthly figure under the gov
Maritime
TIME RUNNING OUT ON ACID RAIN BILL
(Ap) |
The congressional clock has all but run out on stalled efforts to pass acid rain legislation in 1986
CRUDE FLOWS FROM OSEBERG
Bob Wesenberg |
Crude is flowing from Norway's Oseberg offshore field and into the production testing ship Petro Jar
TORT REFORM TELECONFERENCE DRAWS 1,000 IN PENNSYLVANIA
Journal of Commerce Special |
In an effort to get legislative action on tort and product liability reform, an estimated 1,000 peop
COMMODITY BRIEFS
From Wire and Staff Reports |
6ndia Cuts Excise Tax On Additional SugarNEW DELHI- The excise tax on additional sugar produ
AUSTRALIA FACES CUTS IN US SUGAR QUOTAS
Knight-Ridder Financial |
The Australian sugar industry is in danger of suffering a substantial cut, or even total loss, of it
COLLISION SHUTS DOWN WATERWAY
Gary Taylor |
The U.S. Coast Guard closed the Houston Ship Channel for six hours Monday morning after an accident
Maritime
WORLD TODAY
From Wire and Staff Reports |
Baldrige Denies Leaks WASHINGTON - Commerce Secretary Malcolm Baldrige said there are no doc
PEOPLE UNDER TEXAS AIR WING
Kevin D. Thompson |
Financially plagued People Express will become a subsidiary of Texas Air Corp. in what could eventu
INSIDE TALK ON TRANSPORTATION
Dave Cawthorne |
UP SCUTTLEBUTT: Gossip in transportation circles is focusing on another former Reagan Cabinet offic
ARGENTINA REDUCES GRAIN EXPORT TAXES
Jeremy Morgan |
The Argentine government lowered export taxes on several types of grains in a partial response to pr
MALAYSIA EASES MORE INVESTMENT RULES
P.T. Bangsberg |
Malaysia will further relax rules governing foreign investment to spur overseas interest and help bo
Maritime
CALIF., OREGON VIE FOR JAPANESE FIRMS
Journal of Commerce Special |
It's going to be harder for Oregon to compete for Japanese investment, thanks to California's decisi
Maritime
INDONESIA PLANS TO STABILIZE AVOWED MEASURES SHOULD SUPPORT DEVALUATION
P.T. Bangsberg |
Indonesia will take steps to shore up the country in the wake of the savage devaluation of the rupia
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Volvo Recalls Cars For Possible DefectROCKLEIGH, N.J. - Volvo Cars of North America recalled
Maritime
HONG KONG'S EXPORTS TO CHINA ROSE IN JULY
P.T. Bangsberg |
Exports and re-exports to China regained their upward momentum in July after a dip caused by tighter
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Freedom Party Coalition VIENNA, Austria - Chancellor Franz Vranitzky announced an abrupt end
Maritime
HONG KONG EXHIBIT ATTEMPT TO ALLAY NUCLEAR FEARS?
(Ap) |
A preview was held for Hong Kong's first nuclear technology exhibition in what is seen as an attempt
MARITIME BRIEFS
From Wire and Staff Reports |
Spanish Line Names Omnium Gulf AgentOmnium Agencies (Louisiana) Inc. was appointed Eastern G
Maritime
SHIPMENTS OF STEEL UP
JOC Staff |
Steel shipping volume is on the increase, but profit margins are falling, and experts of the $20 bil
CHINA SEEKINGLOANS FOR COAL NATION TURNS TO WORLD BANK TO HELP ITS MINING INDUSTRY
Jasper Becker |
After failing to attract adequate foreign investment to develop its huge coal deposits, China hopes
PETROLEUM FUTURES RISE
Knight-Ridder Financial |
Petroleum futures closed mostly higher on the New York Mercantile Exchange after trading quietly in
WEST COAST BRIEFS
From Wire and Staff Reports |
Gen. Casey Nominated To Head Space DivisionNORTON AIR FORCE BASE, Calif. - Maj. Gen. Aloysiu
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
REAGAN, NAVY AT ODDS READINESS OF MERCHANT FLEET WORRIES MILITARY
Robert F. Morison |
There is a growing concern in Defense Department and Navy circles that something will have to be don
Maritime
INSURERS BRAVE STOCK SLIDE
C.A. Carpenter |
The increasing influence of Wall Street on the property and casualty insurance industry has become a
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
JAPANESE DOCKYARD TO REBUILD
Knight-Ridder Financial |
Japan's Kurushima Dockyard Co., hard hit by the shipbuilding slump, is planning drastic reconstructi
Maritime
WEEK AHEAD
From Wire and Staff Reports |
Economic Reports WASHINGTON - The government reports business inventories for July today. In
AMBIGUITIES PLAGUE ILA, CONASA TIME IS RUNNING SHORT TO RESOLVE UNANSWERED QUESTIONS
Alan F. Schoedel |
Last week's abruptly terminated contract talks between the International Longshoremen's Association
Maritime
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
DOLLAR COULD HIT 100 YEN BY 1995
A.E. Cullison |
Tokai Bank, one of Japan's leading financial institutions, predicts the U.S.dollar will be w
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
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
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