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DOMINION TO LD: LIQUIDATE INSURER INSOLVENT BY AT LEAST $35.8 MILLION
C.A. Carpenter |
Dominion Insurance Co. of America was ordered into liquidation by a New York court as hopelessly ins
FINANCIAL BRIEFS.
Wire and Staff Reports |
TWA Debt, Preferred Downgraded by S&PStandard & Poor's lowered Trans World Airlines' senior
COMMODITY BRIEFS
From Wire and Staff Reports |
S. Africa Sees Drop In '86 Gold OutputJOHANNESBURG, South Africa South African gold output t
PEKING TO LIMIT HIGH-RISES
(Ap) |
Peking will restrict the construction of high-rise buildings close to one- story older structures be
Maritime
TAIWANESE READY TO BUY-AMERICAN TEAM PLANS TO PURCHASE $500 MILLION IN GOODS
Gregory S. Johnson |
For Americans, the U.S. trade deficit is as burdensome as it is legendary, but at least one Far East
Maritime
GULF DRILLERS TA KE GAMBLE AS DE ADLINES LOOM
(Ap) |
One hundred miles off the coast of Louisiana, Ocean Drilling and Exploration Co. did something this
AGENCIES FINANCE TRINIDAD PROJECT
Journal of Commerce Staff |
A major ammonia project in Trinidad will be financed with the help of the World Bank's International
TURNING RAGS INTO RICHES
Chris Dupin |
When their suits get shiny, their shirts torn, their sweaters snagged, many Americans give away thei
SMALL LINE PLANS TO DROP ILA LABOR
Mark Magnier |
Bermuda Container Line plans to move its operation in the Port of New York and New Jersey to a nearb
NEW STOCK ISSUE INDEX OUTPERFORMS MARKET
(Ap) |
A new issue index calculated by Standard & Poor's Corp. jumped 56.4 percent in the first half of 198
AMERICAN EXC ESS TAKES OFF
Journal of Commerce Staff |
The already rapidly growing American Excess Insurance Association raised $8.5 million more capital f
MIAMI ILA L OCALS FILE SUIT
Craig Dunlap |
Two longshore union locals in Miami filed suit against the Port Everglades Authority and two ocean t
Maritime
PHARMATEC GRANTS NOVA LICENSE
Journal of Commerce Staff |
Pharmatec Inc. announced that it granted an exclusive worldwide license to Nova Pharmaceutical Corp.
HEARTLAND GOES PUBLIC REGISTRATION COVERS 1.5 MILLION SHARES
Leo Abruzzese |
Heartland Express Inc. became the second trucking company in less than a week to launch an initial p
INDICTMENTS POSSIBLE IN MARINE ELECTRIC CASE
Carl Cahill |
The U.S. attorney for the Eastern District of Virginia may seek criminal indictments in the 1983 sin
Maritime
ARGENTINES DEBATE EXPORT PACKAGE
Jeremy Morgan |
Government measures to boost Argentine industrial exports met with a mixed reaction among local econ
REFINERS DOIN G JUST FINE
(Ap) |
If there's a bright spot in the oil business, Bob Sweeney knows where it is, at his company's Louisi
GULF CANADA TO SHUT DOWN WELL
Journal of Commerce Staff |
Gulf Canada Corp., which will terminate its operations in the Beaufort Sea, said it recently made a
CONNECTICUT TOWNS PLAN ANTI-PIPELINE STRATEGY
(Ap) |
Officials from 13 towns along the Housatonic River are joining together in an effort to stop a prop
EARNINGS
JOC Staff |
Toyota Motor Net Lowest in 5 YearsToyota Motor Corp. reported net income for the year ended
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Pan Am Agrees to Pay $1.9 Million FinePan American World Airways became the latest victim of
VISITS OF STATE
From Wire and Staff Reports |
Indonesians in US LOS ANGELES - J.B. Sumarlin, Indonesia's minister for national development
Maritime
STOCK RALLY COULD FALTER
Gordon Platt |
The stock market is within striking distance of its early July high, but analysts said the aging bul
CHEMICAL MARKETS
Journal of Commerce Staff |
Magnesium Carbo nate Price Stable The price of magnesium carbonate still is quoted in the ra
ENERGY BRIEFS
From Wire and Staff Reports |
Three Firms Increase West Texas PostingsCitgo Petroleum Corp., a unit of Southland Corp., in
US DOCKERS HONOR GREEK SEAMEN STRIKE
(Ap) |
While the Greek freighter Golden Chariot was docked at the Port of Sacramento to pick up 15,000 tons
Maritime
SENATOR WAR NS TAIWAN LUGAR PRESSES FOR QUICK CUTS IN TRADE SURPLUS
P.T. Bangsberg |
Faster progress must be made by Taiwan in reducing its towering trade surplus with the United States
Maritime
FMC FINALIZES CERTIFICATE FILING RULES
Journal of Commerce Staff |
The Federal Maritime Commission adopted final rules to standardize the filing of anti-rebating certi
Maritime
QANTAS CRITICIZES PREDATORY PRICING
Vincent W. Stove |
Qantas, Australia's international airline, has accused its U.S. competitors of dumping capacity on t
JAPANESE HO PES DASHED TAXES ON MONEY MARKET FUNDS SEEN LIMITING SCOPE
A.E. Cullison |
The planned Tokyo offshore money market likely will be far smaller than anticipated, due to the appl
GRANTHAM REVITA LIZES CHARLESTON
Craig Dunlap |
What's a former pharmacy student from south-central Georgia doing atthe Port of Charleston? Helping
Maritime
WESTERN HAS A NEW LOOK
Bill Mongelluzzo |
Western Airlines, 60 years old and the oldest continually operating air carrier in the country, is s
Maritime
ARGENTINE STEVEDORES STAGE STRIKE
Journal of Commerce Special |
Stevedores at Argentine ports imposed partial strike action claiming employers were not keeping to a
Maritime
WEST COAST BRIEFS
Wire and Staff Reports |
PG&E Gets Approval To Cut Electricity RateThe state Public Utilities Commission approved a 6
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Low-Cost Korean Model May Spur IBM MoveHyundai, the South Korean company known for its cheap
Maritime
INSURANCE TASK FORCE TACKLES LIABILITY ISSUES
(Ap) |
An overhaul of state liability insurance laws and a federal product liability standard are needed to
DOLLAR UNCHANGED ON BALANCE IN CHOPPY, CAUTIOUS MARKET
Knight-Ridder Financial |
The U.S. dollar was about unchanged on balance Thursday against most other major foreign currencies.
S. AFRICAN PLATINUM FIND COULD DOUBLE ORE VOLUME
Knight-Ridder Financial |
Platinum deposits that could potentially double the volume of South Africa's platinum-bearing ore ha
WORLD TODAY
From Wire and Staff Reports |
$22 Billion July Deficit WASHINGTON - The U.S. government posted a total deficit of $22.229
SENATE TO AIR PR ODUCT LIABILITY, TORT REFORM CHA NGE IN SEPTEMBE
Leah R. Young |
Product liability legislation and sweeping tort reform changes will be aired on the Senate floor in
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