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INSURERS SEEK $54 MILLION FROM HALL
Paula L. Green |
Three insurers are seeking $54 million from Frank B. Hall & Co. Inc. for damages resulting from the
INSURERS UNDETERRED BY REPORT ON FERRY
Edwin Unsworth |
Marine insurers are not planning any major changes to their terms of cover forferries following the
FIREMAN'S FUND DRAWS ATTENTION OF REGULATORS
Journal of Commerce Staff |
Fireman's Fund Corp. faces the challenge of putting out a number of fires around the country.
NATIONAL CITY NAMES BRANDON
Journal of Commerce Staff |
Edward B. Brandon was named chairman and chief executive of National City Corp., whose principal ban
SPOT PRODUCT PRICES
JOC Staff |
July 27, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
ON THE MOVE RAYDEN PICKED AS PRESIDENT
Staff Report |
Stride Rite Corp., after a two-year search, named Michael W. Rayden president and chief operating of
OPEC PRESIDENT DENIES OVERPRODUCTION BY CARTEL
(Ap) |
The president of the Organization of Petroleum Exporting Countries dismissed reports of overproducti
TRANSCONTINENTAL LOSES JUDGMENT
Journal of Commerce Staff |
A Houston district court judge signed a judgment in favor of American National Petroleum Co. and an
REALTORS TIE RATES TO FALL IN JUNE SALES
(Ap) |
Sales of existing homes, hurt by a jump in mortgage rates this spring, fell 6.1 percent in June, the
SAUDIS CUT CRUDE ALLOTMENTS
Journal of Commerce Staff |
Saudi Arabia has told its major U.S. customers that their crude oil entitlement for August will be c
GASOLINE PRICES HIGHER IN CANADA
(Ap) |
Canadian motorists have been paying higher pump prices than their U.S. counterparts for the last two
ENERGY BRIEFS
Wire and Staff Reports |
Amoco UK Exploration Makes North Sea FindAmoco U.K. Exploration Co. announced that it struck
US POSTS DEFICIT IN EAST BLOC TRADE
Knight-Ridder Financial |
The U.S. registered a trade deficit of $804.7 million with Communist countries during the first quar
Maritime
PUMP PRICES ROSE NEARLY 1.5 CENTS IN LAST 2 WEEKS
(Ap) |
The average price of gasoline jumped nearly 1 1/2 cents a gallon in the past two weeks, but the rise
COMMERCE TO STUDY SERVICES CONTRIBUTION
Mark Magnier |
The fastest growth area in the nation's economy in recent years has been the service sector but stat
Maritime
JAPAN IGNORES CALL TO HALT WHALING
(Ap) |
Japan's Fisheries Agency is preparing to conduct research whaling for three months in the Antarctic
Maritime
SAINT-GOBAIN MOVES TO BOOST US PRESENCE
Howard Schissel |
Saint-Gobain, France's newly privatized manufacturer of glass and construction materials with over $
Maritime
EC WILL INVESTIGATE SALE OF ALFA ROMEO
(Ap) |
The European Community Commission confirmed that it will launch an investigation into the recent acq
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
West German Surplus In Trade Fell in JuneFRANKFURT, West Germany - West Germany posted a tra
Maritime
HONG KONG FAIR PROVES FRUITFUL FOR CHINA
John Kelley |
China's southwestern province of Yunnan negotiated US$30 million worth of import and export contract
Maritime
CHINESE STUDYING HONG KONG POLICY
John Kelley |
The future of Hong Kong under Chinese rule is in very good hands judging by the actions of visiting
Maritime
IMF CHIEF ADVOCATES GROWTH-BASED STRATEGY
(Ap) |
The managing director of the International Monetary Fund proposed a new strategy to help the world's
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
HONG KONG MARKS FINAL DECADE UNDER BRITISH COLONIAL RULE
(Ap) |
The final decade of British colonial rule in Hong Kong commenced last month with little fanfare, alt
Maritime
CHINESE MAY FIND DIAMONDS IN ROUGH
P.T. Bangsberg |
A local company with interests in Canadian gold mines has won China's first joint-venture deal to ex
Maritime
AUSTRALIA STRENGTHENS CHINA ALUMINUM LINK
Vincent W. Stove |
The largest joint manufacturing venture ever undertaken in China will strengthen further the aluminu
Maritime
US APPROVES NEW ZEALAND LAMB IMPORTS
Knight-Ridder Financial |
The U.S. Department of Agriculture officials tentatively approved the importing of up to 270,000 liv
Maritime
NEW PRODUCTS MARKETPLACE VACUUM CLEANER AIMED AT TOXIC DUST DISPOSAL
JOC Staff |
A British company has designed a vacuum cleaner specifically for disposal of toxic dusts such as asb
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
Chilean Smelter to Hike Blister Copper CapacitySANTIAGO, Chile - The Chilean state-owned cus
Maritime
NORFOLK SOUTHERN EYES USES FOR CASH
Lawrence Kaufman |
Arnold B. McKinnon, chairman and chief executive officer of NorfolkSouthern Corp., says he recognize
CRITICS QUESTION CRITERIA USED TO RATE INSURERS
C.A. Carpenter |
Aetna Life & Casualty Co. isn't going to take it anymore. Let's just say we're not out there
WORLD TODAY
From Wire and Staff Reports |
Treasury May Delay Debt RefinancingThe U.S. Treasury tentatively decided to postpone the ann
COST OF CREDIT
JOC Staff |
Mon., July 27, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
STRIKERS PARALYZE RIJEKA PORT
(Ap) |
Yugoslavia's largest port of Rijeka was swamped with cargo Monday as a strike of about 5,300 employe
Maritime
SEA-LAND MOVES CLOSER TO TAKING COMMAND OF 6 USL BOXSHIPS
James Nolan |
Sea-Land Service Inc. has moved a step closer to taking command of at least six United States Lines
Maritime
CHEMICAL EARNINGS DU PONT'S NET UP ON SPECIALTY, CHEMICAL STRENGTH
Journal of Commerce Staff |
E.I. du Pont de Nemours & Co.'s second-quarter net income rose 11 percent to $504 million, or $2.08
DEVELOPER PUSHES PLAN IN SYRACUSE
(Ap) |
The developer who wants to turn Syracuse's Oil City district into a thriving waterfront complex has
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
QE2'S ARRIVAL DELAYED AFTER A MOTOR BREAKS
(Ap) |
The newly refitted Queen Elizabeth 2 with 1,800 passengers on board limped into Southampton Port Mon
Maritime
DIFFERING VIEWS GIVEN ON CRUISE LINES' FOCUS
TOM McNIFF Jr. |
A management consulting firm says the cruise industry faces financially choppy waters over the next
Maritime
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