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PAINEWEBBER RATES STOCK OF FIREMAN'S FUND A BUY
Journal of Commerce Staff |
PaineWebber analysts continue to rate the stock of Fireman's Fund Insurance Co. a buy two weeks afte
CANADA OK'S SALE OF UTILITY TO UTILICORP
Brian Lewis |
The British Columbia Utilities Commission has granted approval to UtiliCorp. Inc. of Kansas City, Mo
HONG KONG COMPANY EXPANDS US PRESENCE
P.T. Bangsberg |
A major Hong Kong electronics manufacturer is broadening its U.S. presence through a joint venture b
Maritime
US SHIP LINES WIN RIGHTS IN TAIWAN
JAMES McGREGOR |
The government of Taiwan announced Monday that foreign-flag shipping compa nies are eligible to oper
JAPANESE BOND FUTURES OFF TO FAST START IN LONDON
Janet Porter |
More than $20 billion changed hands during the first day's trading of Japanese government bond futur
CHASE, FIRST CHICAGO CORP. REPORT BIG QUARTERLY LOSSES
From of Commerce Staff |
Chase Manhattan Corp. reported a second quarter loss of $1.4 billion, reflecting the effect of a pre
CHEMICAL MARKETS ESSEX CHEMICAL RAISES FLUOROCARBON PRICES
Journal of Commerce Staff |
Essex Chemical Corp. announced across-the- board price increases for packaged refrigeration grade fl
BALTIC FREIGHT INDEX
JOC Staff |
922.0 (July 13) Previous day - 923.5 The Baltic International Freight Futures Exchange in Lo
Maritime
MET LIFE PAVES ROAD TO SPAIN
Journal of Commerce Staff |
Metropolitan Life Insurance Co. and Banco de Santander announced a joint venture to form an insuranc
CUSTOMS UPDATE
JOC Staff |
MERCHANDISE PROCESSING FEE. Customs wishes to add the following information to its earlier bulletin
Maritime
FARM BELT CONGRESSMAN CALLS FOR INCREASE IN GRAIN PRICES
(Ap) |
Standing before a wall of breakfast food, a Farm Belt congressman called Monday for action to raise
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Australian business reacted generally favorably to the return to power of the L
SANTA FE REALIGNS OPERATIONS
Journal of Commerce Staff |
The Santa Fe Railway realigned its operating territories and made several supervisory changes to cut
Rail News
TANKER WAR SHIP LOSSES TOTAL 8 MILLION TONS
(Ap) |
Iranian and Iraqi attacks in the Persian Gulf have destroyed 8 million tons of shipping, one third o
Maritime
CANADA SEEKS TO REVERSE ITS RELIANCE ON US CARS
Mark Wilson |
Canadian railroads have become reliant on surplus U.S. equipment for a sizeable portion of their fre
Rail News
KUWAITI TANKERS HELD SAFE, THOUGH FAILING US STANDARDS
TOM McNIFF Jr. |
Some of the Kuwaiti tankers due to come under U.S. flag will not initially meet some Coast Guard ins
Maritime
FRANK B. HALL NAMED IN SUIT
Journal of Commerce Staff |
Frank B. Hall & Co. said it was named in a suit seeking at least $120 million in damages over allega
TAIWAN POWER TO TEST COAL FROM ALASKA
Gloria Joseph |
Taiwan is the next Pacific Rim nation in line to receive Alaskan coal, announced Usibelli Coal Mines
CHINESE SEEN SHORT OF GRAIN OPTIONS INCLUDE BOOSTING IMPORTS OR LIMITING USAGE
Knight-Ridder Financial |
Foreign agricultural experts differ widely in their forecasts on the quantity of feed grains China w
Maritime
DAIMLER-BENZ CHIEF, BREITSCHWERDT, TO RESIGN
(Ap) |
Daimler-Benz AG Chairman Werner Breitschwerdt announced plans to resign as chief executive of West G
SHARP CURRENCY RISE HITS S. KOREAN EXPORTS
P.T. Bangsberg |
The rise in the value of South Korea's currency is beginning to affect the country's exports to the
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FREIGHT RATE FUTURES
JOC Staff |
July 13 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
SHIPPERS URGE AGENCY TO REJECT RATE INCREASE
Leo Abruzzese |
Shippers are asking the Interstate Commerce Commission to reject a proposed 2.5 percent rate increas
Trucking News
NEW ALLISON DIESEL ENGINE A SELL-OUT IN ITS FIRST YEAR
Michael S. Lelyveld |
The Detroit Diesel Allison Division of General Motors may have lost a name but it seems to be winnin
Trucking News
VOTE SET ON HOUSTON BOND ISSUE
Journal of Commerce Special |
After months of planning, Harris County Commissioners Court has finalizedplans for a bond el
Maritime
ECONOMIC UNITY ELUDES SOUTHEAST ASIA
P.T. Bangsberg |
Attempts by several of the main economic powers of Southeast Asia to forge a closer unity foundered
SENATE PROPOSAL ADDRESSES DATA FOR CONSUMERS
Dave Higdon |
The Senate Commerce, Science and Transportation Committee may approve an airline consumer informatio
Air Cargo
GULF SALVORS EYE NEW BUSINESS FROM US
Chicago Tribune |
Like tow-truck drivers, Dutch tugboat Capt. Henk Engelade and his 15-member crew sit offshore in the
Maritime
WAITING, WATCHING IN THE GULF
Juan O. Tamayo |
After weeks of Reagan administration bluster and bloodcurdling Iranian retorts, the Persian Gulf is
Maritime
COURTS NEARLY ADJOURNED ON DES-RELATED LAWSUITS
Francis J. Moriarty |
One of the country's best known DES attorneys told delegates to the American Trial Lawyers Associati
MERC ENFORCEMENT CITED
Chicago Tribune |
The Chicago Mercantile Exchange failed to investigate fully possible trading practice violations ind
ISRAEL DROPS BAN ON SAILORS FROM EGYPT
(Ap) |
The government reversed an eight-month-old order barring Egyptian sailorsfrom going ashore i
Maritime
ILA SOUTHERN UNITS MAY GET MORE CLOUT
Marie Prat |
The International Longshoremen's Association, bidding farewell to long-time boss Thomas Teddy" Gleas
Maritime
CHRYSLER TRUCK, CAR SALES UP 5 PERCENT IN JUNE JOURNAL OF COMMERCE STAFF
JOC Staff |
Stoked by record truck numbers, Chrysler Motors' combined truck and car sales in the United States f
Trucking News
TRUCKING BRIEFS
From Wire and Staff Reports |
Pullman Co. to Move Headquarters OfficesPRINCETON, N.J. - The Pullman Co., which manufacture
Trucking News
INSURERS WINNING GUARANTEE BOND REGULATION FIGHT
C.A. Carpenter |
Financial guarantee insurers have few conclusions to draw from lawmakers around the country about pr
PENSION GUARANTY SETTLEMENT NEAR
(Ap) |
A federal court judge in Washington is expected to rule soon on a proposed settlement of a class-act
NORTH SEA PRICES CLOSE TO $20 A BARREL
Bruce Barnard |
North Sea oil prices are moving closer to $20 a barrel amid increasing concern about tension in the
TENSIONS IN PERSIAN GULF BOOST NYMEX ENERGY PRICE
Roberta C. Yafie |
The Organization of Petroleum Exporting Countries' base oil price could exceed $20 a barrel at its y
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