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IRAQI WARPLANES RAID IRANIAN INSTALLATIONS
(Ap) |
Iraqi warplanes simultaneously raided Iranian oil installations in northern and southwestern regions
US, CHINA PLAN COOPERATION ON CLEAN COAL TECHNOLOGY
Tim Sansbury |
The U.S. Department of Energy sent a delegation to China this week to advance U.S.-Chinese commerce
LIGHTNING HITS CHEVRON REFINERY
(Ap) |
Thick black smoke poured from a tank containing about 1 million gallons of petroleum Monday, nearly
ENERGY BRIEFS
Wire and Staff Reports |
Norfolk Southern To Improve PierNORFOLK, Va. - Norfolk Southern Corp. is planning to spend $
STRAIT OF HORMUZ CLOSING WOULD HIT IRAN'S EXPORTS
(Ap) |
Iran would hurt itself if it closes the Strait of Hormuz, Indonesian Mines and Energy Minister Subro
ENERGY BRIEFS
Wire and Staff Reports |
Gasoline Prices Rise 1 Cent at the PumpThe average price of a gallon of gasoline at the pump
COAL MINERS BLOCK RAILS IN S. KOREA
(Ap) |
Hundreds of striking coal miners blocked two key rail lines Monday, newspapers reported, and tens of
MINERS STRIKE IS LARGEST YET IN SOUTH AFRICA
(Ap) |
The black mine workers union said that 280,000 miners joined a strike that could cripple the coal an
EXXON TO PURCHASE CELERON ASSETS FOR $650 MILLION
Journal of Commerce Staff |
Exxon Corp. will purchase most of assets of the Celeron Oil and Gas Co., a Goodyear Tire and Rubber
NEW TECHNOLOGY SPURS HYDROGEN PEROXIDE GROWTH
Al Wyss |
The chemical hydrogen peroxide brings recollections to many people of its application by a mother or
NEW REFERENCE DESCRIBES 5,000 HAZARDOUS CHEMICALS
Journal of Commerce Staff |
A new user-friendly reference describing the 5,000 most commonly encountered hazardous chemicals has
CHEMICAL BRIEFS
Wire and Staff Reports |
Upjohn Underwrites Swedish ResearchGOTHENBURG, Sweden - Upjohn Co. and the University of Got
ENERGY EARNINGS
Journal of Commerce Staff |
Equity Oil Co. Posts ProfitEquity Oil Co. reported second quarter earnings of $69,365 or 1 c
PETROCHEMICAL PRODUCTION MIXED IN 2ND QUARTER
Arnaldo Arroyo |
Production of benzene rose sharply in the second quarter, driven by a strong pricing trend, but is e
CHEMICAL MARKETS CELANESE TO INCREASE ETHYLENE GLYCOL PRICE
Journal of Commerce Staff |
Celanese Chemical Co. is increasing the selling price of ethylene glycol by 1 cent, effective Septem
CAUTIOUS OPTIMISM TAKES ROOT IN THE OIL PATCH
(Ap) |
Besides the metronomic pulse of pumping, that noise coming from oil fields around the country is the
PLASTICS CORNER
Journal of Commerce Staff |
Foreign Competition Spurs Use of PlasticsForeign competition is spurring U.S. manufacturers
GATES LEARJET CORP. EXPECTS BRIGHT FUTURE IN FACE OF SALE
(Ap) |
Gates Learjet Corp. is looking ahead to an improved market for its business jets and new stability o
Air Cargo
USAIR MAPS EXPANSION PLAN AT CLEVELAND
Dave Higdon |
Washington-based USAir Monday announced further expansion at Cleveland which will elevate the airpor
Air Cargo
DELTA FLIES HIGH IN FACE OF MISHAPS
Tom Belden |
Few companies in recent memory have been the butt of more jokes than Delta Air Lines. In the
Air Cargo
SMALL CITIES WORRY ABOUT LOCAL ECONOMY
(Ap) |
The biggest problem facing small cities and towns in the United States is how to attract industry an
STEEL OUTPUT ROSE 2.5 PERCENT LAST WEEK
(Ap) |
Steel production rose to 1.710 million tons in the week ended Aug. 8, a 2.5 percent increase from th
LONDON'S NEW AIRPORT OFFERS SHORT HOP TO BUSINESSMEN
Janet Porter |
The Royal Albert and King George V docks in the port of London, which have been idle since commercia
Air Cargo
I.W. ABEL DIES
(Ap) |
I.W. Abel, a founder of the United Steelworkers of America union, died at his home Monday, the union
ITALIAN GRAIN TRADER BUYS US MILLING FIRM
Andrew Mutter |
Italgrani, a leading Italian grain trading company, has gained full control of New England Milling C
JAPAN'S TRADE SURPLUS WITH US SOARS 19 PERCENT
A.E. Cullison |
Japan scored a sharp increase in its trade surplus with the United States last month, even though it
FUTURE BRIGHT FOR NEWARK AIRPORT
(Ap) |
Fewer travelers are using Newark International Airport this year compared to last year when the airp
Air Cargo
CITICORP CHIEF SAYS ARGENTINA MISSING TARGETS SET BY THE IMF
Jeremy Morgan |
Argentina is missing economic targets set under its standby loan agreement with the International Mo
NEWS SUMMARY
JOC Staff |
AVIATION Frequent fliers should know their rights. 4BAs other carriers withdrew flights fro
MELLON BANK NA NAMES ELLIOTT
Journal of Commerce Staff |
Steven G. Elliott was named executive vice president, finance, of Mellon Bank NA. He succeeds James
REAGAN NAMES VERITY TO HEAD COMMERCE DEPT.
A Staff Report |
President Reagan, as expected, named C. William Verity Jr. as his choice for the new secretary of co
AFRICAN LINES TRY TO WEATHER STORM
Howard Schissel |
Airlines in West Africa are increasingly flying into stormy financial weather. Nigeria Airwa
Air Cargo
FOOD PRICES LIKELY TO INCREASE 3 PERCENT-5 PERCENT
Journal of Commerce Staff |
Consumer food prices are going up at a slightly faster clip this year than had been predicted, an Ag
BOOST PUSHED IN SHIPOWNER CARGO LIABILITY
John Davies |
A consolidated recommendation to raise a shipowner liability for cargo damagefrom $500 a pac
WORLD TODAY
From Wire and Staff Reports |
10 Americans Hurt In Greek ExplosionATHENS, Greece - A booby trapped car on Monday exploded
UNREST NOT LIKELY TO CRIPPLE SOUTH KOREA
P.T. Bangsberg |
The wave of labor disruption sweeping South Korea may cause acute immediate problems but probably wo
BUSINESS IS BOOMING IN THE PERSIAN GULF
Bruce Barnard |
Business is booming in the Persian Gulf in the shadow of a potentially deadly confrontation between
SUIT SEEKS TO DEVISE JSP PLAN PAY-OUT
Joseph Bonney |
The Carriers Container Council Inc. has sued the International Longshoremen's Association in a dispu
Maritime
CHINA SHIPBUILDING SECTOR TAKES ON GIANTS
P.T. Bangsberg |
China's once-backward shipbuilding sector is rapidly becoming a world force,and is poised to overtak
DRY-CARGO SHIPPERS REAP THE BENEFITS OF GRAIN MART BOOM
James Nolan |
The grain export market is booming this summer, usually a quiet time. The unseasonal business is boo
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