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BEFORE-DROUGHT CROP INSURANCE SALES ROSE 19 PERCENT FROM YEAR AGO
(Ap) |
A recent survey by the American Association of Crop Insurers shows that more than 370,000 farmers bo
PORT OF SAN FRANCISCO LOOKS FOR MORE SPACE
Josh Goldstein |
The Port of San Francisco is trying to consolidate its waterfront properties to create additional co
Maritime
COAL BRIEFS
Wire and Staff Reports |
BRAZIL EXPECTED TO HIKE COKING COAL IMPORTSSAO PAULO, Brazil - Brazil will have to import mo
ELECTRIC BOAT MOVES TO REPLACE STRIKERS
(Ap) |
Electric Boat has begun advertising for workers to replace striking Metal Trades Council members, bu
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ECONOMISTS FORECAST EXPANSION IN US TRADE DEFICIT FOR MAY
(Reuter) |
After improving dramatically in the most recent report, the U.S. deficit for May is likely to widen,
BIOTECHNOLOGY GROWING FASTER THAN PROJECTIONS
Arnaldo Arroyo |
Biotechnology has been developing more rapidly in the United States than previously anticipated and
GYNEX GETS FDA APPROVAL, ORPHAN DRUG DESIGNATION
Journal of Commerce Staff |
Gynex Inc. won Food & Drug Administration approval to market a new generic oral contraceptive and ha
US BIOTECH INVESTMENTS TOP $4.3 BILLION A YEAR
(Ap) |
U.S. government and industrial spending on biotechnology research and development is more than $4.3
IDLE CRUISE SHIP FACES BERTH PROBLEM
WILLIAM DiBENEDETTO |
Once the most luxurious U.S. passenger liner afloat, the S.S. United States has sought a rebirth for
Maritime
LDC DEBT TRADING TURNS QUIET AS OVERSUPPLY DAMPENS DEMAND
Steven Marcy |
Trading in the secondary market for country debt has been generally quiet in recent days and is expe
DOLLAR DRIFTS LOWER AS STERLING RALLIES
Knight-Ridder Financial |
The U.S. dollar drifted lower Tuesday in response to a gradual firming in sterling. Dealers
JAPAN'S LAWS MURKY ON INSIDER TRADING
Cynthia Owens |
Disclosure last week that a stock trading scandal had spread to involve the aides to several of Japa
TALL OIL ROSIN SALES RISE
Journal of Commerce Staff |
Tall oil rosin sales in the United States increased 13.2 percent to 43.8 million pounds over April t
NEDLLOYD PURSUES STRATEGY TO STEER COMPANY TOWARD INTERMODALISM
Bruce Barnard |
Royal Nedlloyd Group NV, the giant Dutch shipping, transport and energy group, is leading a double l
OPTIONS EVADE FUTURES TRADING LIMITS
Kevin Commins |
When soybean futures rise or fall by their 45-cent daily price limit, all trading stops. Right?<
HONDURAS MAY BE FORCED TO DEVALUE THE LEMPIRA
(Reuter) |
Seventy years after Honduras' currency was tied to the dollar, a cash squeeze caused partly by a sus
TRAFFIC BRIEFS
From Wire and Staff Reports |
EIGHTY HURT IN CRASH OF TRAINS IN BRAZILSAO PAULO, Brazil - A train carrying about 300 passe
Rail News
SIX STATES INCREASE HIGHWAY FUEL TAX
Leo Abruzzese |
Highway fuel taxes rose in six states on July 1, with the average national state gasoline tax increa
Trucking News
HUGE SOVIET PURCHASE OF SUGAR MAY SEND RAW VALUES SOARING
Jacqueline Kosko |
The Soviet Union will attempt to purchase at least 500,000 metric tons of sugar on the world market
CHINESE STEELMAKER BUYS 70 PERCENT SHARE OF US FIRM
Noel Fletcher |
In a revolutionary step to obtain foreign know-how, a prominent Chinese iron and steel company has i
Maritime
NEWS SUMMARY
JOC Staff |
* H. Erich Heinemann - The Fed's Fast Tune 12A * A.E. Cullison - Japan on a Buying Spree 12A
EC OFFICIAL WARNS OF NEW AIRBUS SUBSIDIES SQUABBLE
Janet Porter |
Willy de Clercq, the European Community's commissioner for external relations, warned Tuesday that t
Air Cargo
FUTURE EDI SYSTEMS SEEN ABLE TO PAINT ELECTRONIC PORTRAITS
Tony Seideman |
Future electronic data interchange will be like digital flypaper. High-tech systems will cap
YANG MING PLANS INCREASE IN FLEET
Paul Mooney |
Yang Ming Marine Transport Corp. is embarking on an ambitious program to add 14 ships to its fleet o
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
CRUM & FORSTER INC. (Morristown, N.J.) - Robert J. Vairo, president and chief operating officer of C
MULTINATIONALS PROTEST PROPOSED BRAZILIAN CONSTITUTION
James Bruce |
Abandoning their customary low profile, multinational executives operating in Brazil are joining loc
HYUNDAI PACT BENEFITS PORTLAND
Mark Magnier |
The Columbia River Shippers Association and Hyundai Merchant Marine have signed a service contract t
Maritime
SEA-LAND SUBSIDY BILL MEETS OPPOSITION
WILLIAM DiBENEDETTO |
The Reagan administration is turning thumbs down on a proposed bill that would make 12 foreign-built
SFSP'S CHAIRMAN CHARTS COURSE THROUGH ROUGH WATER
Chicago Tribune |
Santa Fe Southern Pacific Corp.'s new chairman, Robert D. Krebs, has some definite ideas about redir
Rail News
LE HAVRE CARGO DROPS 11 PERCENT
Journal of Commerce Special |
Tonnage handled by the Port of Le Havre fell 11.4 percent to 23.9 million metric tons in the first h
Maritime
ADMINISTRATION MUM ON PENSION PORTABILITY BILL
Leah R. Young |
The administration is sitting on the fence, refusing to either endorse or oppose legislation designe
BA HAS PLANS TO BOW OUT OF EXPRESS AIR CARGO SCENE
Journal of Commerce Staff |
Another scheduled airline industry effort to make an impact on the fast- growing international couri
Air Cargo
FDA EMPLOYEES UNDER SCRUTINY
(Reuter) |
The government is investigating allegations of criminal misconduct by federal employees charged with
KNIGHT-RIDDER, DIALOG SET PURCHASE DEAL
Knight-Ridder Newspapers |
Knight-Ridder Inc. has agreed to pay $353 million to buy Dialog Information Services Inc. of Palo Al
EUROPE SEEKS ACTION ON TRAFFIC
(Ap) |
The European Parliament has urged quick action by European Community executives to resolve what it c
Air Cargo
P&O CONTAINERS OFFERS FREE SOFTWARE PACKAGE
Janet Porter |
If money made the world go round, the planet could start spinning a bit faster as a result of the ef
DON'T RUSH DROUGHT BILL, LEADERS IN CONGRESS WARN
Wire and Staff Report |
Congressional leaders said Tuesday that Congress should not rush to pass drought-aid legislation thi
CONN. COMMISSIONER GILLIES RESIGNS POST
Paula L. Green |
Connecticut Insurance Commissioner Peter W. Gillies has resigned from his position, effective July 2
BILL WOULD BAN EXPORTS OF HAZARDOUS WASTE BY US
Tim Sansbury |
U.S. exports of hazardous waste would be banned under legislation introduced in Congress Tuesday by
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