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REVIEW DEADLINE ON MANVILLE APPEAL PASSES
Journal of Commerce Staff |
Six years to the day after it filed for Chapter 11 protection, Manville Corp. announced that the dea
FARMERS-BATUS MERGER GETS NOD IN WASH.
Journal of Commerce Staff |
Washington Insurance Commissioner Richard Marquardt approved Batus Inc.'s takeover of Farmers Group
PEOPLE -COMMODITIES
Wire and Staff Reports |
MAGMA COPPER CO. (San Manuel, Ariz.) - J. Burgess Winter was named president and chief executive of
CONGESTION SNARLS PORT OF QINGDAO
Journal of Commerce Staff |
Congestion at the Chinese port of Qingdao is causing delays of up to six weeks for vessels waiting t
Maritime
CONTINENTAL ADDS AUSTRALIA CITIES
Journal of Commerce Staff |
Continental Airlines said it intends to begin service Nov. 1 to two new Australian destinations, Cai
Air Cargo
BIG RISKS, HUGE CLAIMS SPUR EXODUS OF MEMBERS AT LLOYD'S
(Reuter) |
Lloyd's of London, once considered a respectable and sound form of gambling for Britain's blue-blood
TAX PROVISIONS AFFECTING SHIPPING MAY STILL BE ENACTED BY CONGRESS
WILLIAM DiBENEDETTO |
The only notable maritime-related legislation with a solid chance of enactment during the final days
TRAFFIC BRIEFS
From Wire and Staff Reports |
VARITY ACQUISITION OF FRUEHAUF AIREDTORONTO - Varity Corp. said it is engaged in preliminary
Rail News
PORT BOASTS POLICE FORCE OF 1,482
Gloria Joseph |
The ranks of the police force for the Port Authority of New York & New Jersey have swelled to the la
Maritime
EC SLAPS DUTIES ON VCR EXPORTS FROM JAPAN, S. KOREA
(Ap) |
The European Community Wednesday slapped provisional anti-dumping duties on exports of video-cassett
Maritime
DROUGHT LEADS MICHIGAN TO DIG OUT AN OLD UNDERGROUND IRRIGATION IDEA
(Ap) |
When the country's worst drought in half a century hit this summer, desperate Michigan farmers kept
INDONESIA TO EASE TERMS FOR FOREIGN OIL HUNTERS
P.T. Bangsberg |
Indonesia said Wednesday it will ease regulations governing oil exploration by overseas companies, a
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
IS EXXON PULLING OUT of the wholesale barge home heating oil market? This would have been he
COSMAR TO BOOST STYRENE MONOMER OUTPUT IN LA.
Journal of Commerce Staff |
Officials of Cosmar Co., a styrene monomer joint venture between a subsidiary of Fina Oil & Chemical
COMMODITY BRIEFS
Wire and Staff Reports |
GERMAN COFFEE GROUP DEMANDS QUOTAS' ENDFRANKFURT, West Germany - The West German Coffee Asso
Maritime
STUDY FINDS WORKING CONDITIONS IN US SUPERIOR TO THOSE IN JAPAN
A.E. Cullison |
Japanese machine and metal industry employees earn about the same as their U.S. and West German coun
NEWS SUMMARY
JOC Staff |
* Buying in Angola 4A * Jackson A. Baker - Reform Military Shipping 8A* Tom Connors - Washin
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
CF OCEAN SERVICE (Long Beach, Calif.) - Frank Hollesen was appointed director of freight consolidati
Maritime
CARNIVAL BOOSTS STAKE IN 2 LINES
Journal of Commerce Staff |
Carnival Cruise Lines will pay about $550 million to acquire a majority stake in two other cruise op
Maritime
GREECE SAYS IT WON'T REACH PROJECTED TOURIST ARRIVALS
(Ap) |
Greece's 1988 target of 8.5 million tourist arrivals will not be reached this year, according to fig
Maritime
GEORGIA POWER ACCOUNTING PROBE COULD SPREAD TO OTHER COMPANIES
(Ap) |
A federal probe into accounting procedures at Georgia Power Co., involving a possible attempt to avo
ELECTRONIC SYSTEMS TO CONTROL TRAINS BECOMING A REALITY
Gregory S. Johnson |
When it comes to advanced train control systems, Union Pacific Railroad and Burlington Northern Rail
Rail News
DOLLAR SOARS AGAINST MAJOR CURRENCIES
Knight-Ridder Financial |
The U.S. dollar rose sharply against major foreign currencies Wednesday despite a certain nervousnes
SAN DIEGO FTZ WINS CUSTOMS' APPROVAL
(Ap) |
A foreign trade zone near the international border that is expected to bring thousands of jobs and n
Maritime
BUYING IN ANGOLA
JOC Staff |
Traditional Exports Crude petroleum, petroleum products, coffee, diamonds.Potential Exports<
Maritime
PETROLEUM STOCKS COUNTER TRENDS
Journal of Commerce Staff |
Supplies of key petroleum products ran counter to normal seasonal trends, with gasoline inventories
CHINESE JET CRASH KILLS 7 IN HONG KONG
P.T.Bangsberg |
Seven people died and 82 were rescued Wednesday when an aging Trident jet operated by China's flag c
Air Cargo
CHEMICAL MARKETS
Journal of Commerce Staff |
HERCULES RAISES PEROXIDE PRICESHercules Inc., Wilmington, Del., announced price increases ef
GOLLOB, LIQUID CARBONICS FACE POSSIBLE FINES IN BLAST
(Ap) |
Fines have been proposed against two chemical companies for safety violations stemming from a labora
BENZENOIDS, RESINS POST OUTPUT GAINS IN QUARTER
Journal of Commerce Staff |
Benzenoid crudes, plastics and resin materials, and acyclic chemicals were among the U.S. synthetic
CORRECTION
JOC Staff |
TransSettlements Inc., Atlanta, is a subsidiary of the Winship Group, also of Atlanta. In a
COST OF CREDIT
JOC Staff |
Wed., Aug. 31, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
JAPANESE INVESTING BIG IN AUSTRALIAN BEEF SECTOR
Vincent W. Stove |
The Japanese are investing heavily in the Australian beef industry because of their country's new po
BIGGER MERIT RAISES LIKELY AS BELT-TIGHTENING EASES
(Ap) |
A big change could be coming in payroll merit increases as an intense period of corporate belt-tight
TEXACO GROUP TO LOOK FOR OIL OFF CHINA
P.T. Bangsberg |
Despite some signs of dwindling interest in China's offshore oil prospects, a consortium that includ
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
NOBODY WAS PREDICTING a port rate war would be the inevitable result of a controversial lease agreem
Maritime
GNP COMMODITIES CHIEF SAYS TALKS WITH NOMURA PRELIMINARY
Knight-Ridder Financial |
The head of Chicago-based GNP Commodities Inc. confirmed Wedesday that he wasdiscussing sell
JAPANESE AIRLINES OPEN SHOPS IN AUSTRALIA
Vincent W. Stove |
Both Japanese airlines serving Australia have consolidated their presence by embarking on travel-rel
Maritime
INVESTIGATORS SEEKING THE CAUSE OF FATAL DELTA CRASH IN TEXAS
Staff and Wire Reports |
Investigators arriving on the scene of a fatal Delta Air Lines jetliner crash here at the Dallas-For
Air Cargo
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