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ENERGY BRIEFS
Wire and Staff Reports |
US Mine Safety Firm Forms China VentureMine Safety Appliances Co. said Wednesday that it had
RULING FAVORS ND SYNFUELS PLANT
(Ap) |
Four pipeline companies must continue buying the output of a North Dakota synfuels plant, according
COAL COUNCIL DELAYS IMPORTED ENERGY DRAFT
Tim Sansbury |
A disagreement about the feasibility of substituting domestic coal for imported energy has prompted
NY PROJECT SUSPENDED
Journal of Commerce Staff |
The New York Power Authority is suspending efforts to build a long-delayed pumped storage hydroelect
RG&E'S DIVIDEND IS IN DOUBT
Journal of Commerce Staff |
Rochester Gas & Electric Corp. shareholders were told Wednesday that the company's ability to mainta
WEST COAST BRIEFS
From Wire and Staff Reports |
First Operating Trolley Makes Run in Calif.SAN JOSE, Calif. - The first operating trolley ca
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
World Bank Approves Credit to ArgentinaThe World Bank approved $500 million in credit to sup
Maritime
EXPORTERS URGED TO LOOK TO EUROPE
William Armbruster |
Economic growth in Europe presents new opportunities for U.S. exporters, a top Coca Cola Co. executi
DOLLAR TURNS HIGHER ON FED INTERVENTION
Knight-Ridder Financial |
The U.S. dollar turned mostly higher Wednesday after falling on Tuesday's news of Citibank increasin
SIMEX FUTURES TRADING SEEN GROWING SHARPLY
Knight-Ridder Financial |
Financial futures trading on the Singapore International Monetary Exchange will grow sharply over th
STOCKS TRY TO END LOSS STREAK
RIPLEY WATSON Jr. |
The stock market struggled unsuccessfully to end its losing streak Wednesday as analysts' recommenda
RE-FLAGGING PROPOSAL CRITICIZED IN HOUSE
Journal of Commerce Staff |
House Speaker Jim Wright, D-Texas, said Congress was looking into the administration's proposal to a
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MATSON, LOS ANGELES CALL FINE UNJUSTIFIED
Bill Mongelluzzo |
Attorneys representing the port of Los Angeles and Matson Terminals Inc. told a Federal Maritime Com
Maritime
GOLD CALLED MORE THAN INFLATION HEDGE
Janet Porter |
Gold is now seen by investors as far more than just a hedge against inflation, according to Consolid
DELTA ASKS APPEALS COURT TO REVERSE ILA DECISION
Joseph Bonney |
Lawyers for Delta Steamship Lines asked a federal appeals court Wednesday to reverse a judge who rul
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ON THE MOVE LAW FIRM TAPS ADAMS FOR POST
Staff Report |
Jones, Day, Reaves & Pogue named Charles C. Adams partner-in-charge of the new Geneva office of this
FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan to Continue Easy Money PolicyTOKYO - Bank of Japan Governor Satoshi Sumita said the ce
SENATE COMMITTEES FINISH UP WORK ON OMNIBUS TRADE BILL
Helen Ericson |
Senate committee work on the omnibus trade bill came close to completion as the Foreign Relations Co
COST OF CREDIT
JOC Staff |
Wed., May 20, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
AVIATION BRIEFS
Wire and Staff Reports |
United Express Moving O'Hare OperationsAPPLETON, Wis. - Air Wisconsin Inc., which operates a
STEELMAKERS SEEK MORE FEDERAL AID
Richard Lawrence |
Steel industry leaders are urging both federal funding and extended import curbs to help make their
HEAVY TRUCK SALES HIT DOUBLE-DIGIT GROWTH
Michael S. Lelyveld |
The surge in heavy truck sales broke into double-digit growth as final figures for April showed a st
AIRBORNE OFFERS 1 MILLION NEW SHARES
Gloria Joseph |
Airborne Freight is offering 1 million new shares of common stock, a move that could make it more ex
COMPUTER FAIR OPENS IN CHICAGO
Kevin D. Thompson |
The Distribution/Computer Expo '87 conference blew into the Windy City today, replete with a host of
SHIPPERS FOCUS ON 3 KEY AREAS IN RAIL RATE DECONTROL GRIPES
David M. Cawthorne |
Shipper criticisms of the Interstate Commerce Commission's implementation of a 1980 law reducing gov
RAIL BRIEFS
From Wire and Staff Reports |
$280 Million in Suits Filed Against N&WNORFOLK. Va. - A total of 14 lawsuits, totaling $280
TRANSPORT EARNINGS GATES LEARJET POSTS LOSS FOR QUARTER
JOC Staff |
Gates Learjet Corp. reported a net loss of $1.5 million in the first quarter, compared with a loss o
CNW PLAN WOULD ELIMINATE JOBS OF UP TO 1,300 BRAKEMEN
(Ap) |
Up to 1,300 railroad brakemen would be phased out of their jobs under a plan by Chicago and North W
RAILS WATCH PIONEERS INTO TRUCKING INDUSTRY
TOM McNIFF Jr. |
A transportation industry analyst says that while railroads may wish to expand into the trucking ind
BANK MOVE STIRS INDUSTRY TO STUDY DEBT PROBLEMS
Rose A. Horowitz |
The move by Citicorp to add $3 billion to its loan loss reserves marks a new phase in how commercial
JAPAN MAY PROPOSE GLOBAL CHIPS ACCORD
A.E. Cullison |
The Nakasone administration reportedly is considering proposing a multinational semiconductor agreem
FREIGHT RATE FUTURES
JOC Staff |
May 20 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
CROSS-CHARGES FLY IN ANTITRUST SUIT
Leo Abruzzese |
Opponents fired off a series of cross-charges in a heated antitrust lawsuit pitting a small New York
TRUCKING BRIEFS
From Wire and Staff Reports |
Highway Trust Fund Pushed in New YorkALBANY, N.Y. - New York state needs a highway trust fun
THIRD WORLD DEBT A PRESSING ISSUE
Janet Porter |
The agenda for the economic summit in Venice next month may have to be rewritten as world leaders as
CITICORP PLANS TO SWAP, SELL ITS LDC DEBT
Gordon Platt |
Citicorp's decision to take a multibillion-dollar bath in LDC debt in the current quarter has turned
TRANSPORT CALENDAR
JOC Staff |
Intercargo '87, May 20-22, Los Angeles Airport Hilton Exhibit Hall, Contact Larry Newton, Mack-Brook
GAUGHAN HOPEFUL OF SUBSIDY EXPANSION
Tim Neale |
The U.S. maritime administrator indicated the Office of Management and Budget may temper its opposit
Maritime
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