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LOWER STOCKS, REFINERY RUNS SEEN ENCOURAGING
Knight-Ridder Financial |
Drawdowns in stocks and slightly lower refinery runs reported by the American Pe troleum Institute w
KENYA MAPS FINAL PLANS FOR NEW LINE
Journal of Commerce Special |
After almost four years of tough negotiations, Kenya is to launch a new national shipping company be
Maritime
CHEMICAL MARKETS PHENOL PRICES UP 33 PERCENT IN 3 MONTHS
Journal of Commerce Staff |
Phenol prices have risen a third to between 32 cents and 39 cents a pound since the beginning of the
FEDERAL VP IN LINE FOR FAA NOMINATION
(Ap) |
A senior vice president of the Federal Express Corp. will be nominated for the top job in the Federa
PCW SCANDAL NEARS END
Bruce Barnard |
Lloyd's of London will attempt to bury one of the insurance market's longest- running scandals next
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
South Korea Will Free Chip Import MarketSEOUL, South Korea - South Korea will end all restri
Maritime
NEW PRODUCTS MARKETPLACE SADDLERY DEVELOPED FOR ENDURANCE RIDING
JOC Staff |
A British leather company has developed a range of saddlery for endurance riding. The saddle
Maritime
HAYES CALLS FOR VOTE AFTER HE'S REMOVED FROM MM&P OFFICE
Chris Dupin |
An independent-minded vice president of the International Organization of Masters, Mates, and Pilots
Maritime
GENCORP SET TO FIGHT TAKEOVER
(Ap) |
Gencorp Inc. chairman A. William Reynolds expects to reveal within a week the specifics of the compa
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
Leather's Popularity Traced to New StylesNew techniques for treating leather have made it as
Maritime
ANALYST SEES SOVIET SHIFT FROM MILITARY
(Ap) |
The economic goals of Soviet leader Mikhail S. Gorbachev appear to include ashift of some re
Maritime
US WILL TALK WITH JAPAN
(Ap) |
The Reagan administration has granted a Japanese request for emergency consultations on $300 million
THE ECONOMY CONSTRUCTION SPENDING INCREASES 1 PERCENT
From Wire and Staff Reports |
U.S. construction spending rose 1 percent in February to a seasonally adjusted annual rate of $378.4
PANEL FAVORS WRIGHT PLAN RECAPITALIZATION
Journal of Commerce Staff |
Prospects for banking legislation in this Congress improved with a House Banking Committee decision
BUDGET PLAN PAIRS CUTS, NEW REVENUES
John Boyd |
The House Budget Committee adopted, on a straight party-line vote, a fiscal 1988 spending plan that
OIL SEARCH PROPOSAL MAY DOOM CALL OF THE WILD IN ALASKA
Gloria Joseph |
The porcupine caribous don't know it, but they're at the center of an oil and gas exploration contro
IMAGE-BUILDING PRIORITY OF US-CANADA SUMMIT?
Leo Ryan |
Few, if any, sparks are likely to fly when President Reagan and Prime Minister Mulroney of Canada ge
FARM PRICES REMAIN STEADY
(Ap) |
An Agriculture Department report shows that farmers, on the aver age, in March got about the same pr
NIGERIA TO LOAN CRUDE TO ECUADOR
Knight-Ridder Financial |
Nigeria's President Ibrahim Babangida has approved a 10,000-barrel-a-day loan of crude oil to Ecuado
DIVERS FIND GOLD CHAIN ON WORLD WAR I WRECK
(Ap) |
A team of divers said they found a valuable gold chain in the 70-year-old wreck of a British steamsh
Maritime
NEW ORLEANS SETS PORT NIGHT IN ALA.
Journal of Commerce Staff |
The port of New Orleans will host a Port of New Orleans Night in Birmingham" April 15. The r
Maritime
GAF EXPECTED TO RAISE BID FOR BORG-WARNER
(Ap) |
The bidding by GAF Corp. for Borg-Warner Corp. will likely go higher than the $3.17 billion offer ex
SHIPPERS, SMALL TRUCKERS JOIN IN CALIFORNIA BATTLE
Maureen Robb |
In an unusual battle, small California truckers are siding with shippers against large carriers in a
CSX EARNINGS FALL FOR QUARTER
JOC Staff |
CSX Corp. reported first quarter earnings fell to $73 million, or 47 cents a share, from $85 million
TRUCKERS ACCELERATE LEAD IN FRENCH MARKET
Howard Schissel |
Truck transport is accelerating its lead over the railroad and river barge traffic as France's top f
COMMODITY BRIEFS
From Wire and Staff Reports |
Malaysia Reports Drop In 1986 Tin ProductionKUALA LUMPUR, Malaysia - Malaysia's 1986 tin pro
PRIME HIKE NOT EXPECTED TO BOOST DEBTOR BURDEN
Rose A. Horowitz |
The increase in commercial bank prime rates isn't expected to greatly increase the financing burden
TRADE FAIRS
From Wire and Staff Reports |
Construction Expo Set for EnglandAn exhibition of construction equipment will be held at the
Maritime
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Few, if any, sparks are likely to fly when President Reagan and Prime Minister
Maritime
FRANCE'S CHIRAC WARNS AGAINST PROTECTIONISM
(Ap) |
French Prime Minister Jacques Chirac told U.S. congressmen Wednesday that his government was increas
Maritime
ARGENTINE UNION LEADER NAMED LABOR MINISTER
Jeremy Morgan |
Argentine President Raul Alfonsin swore in a union leader as the country's new labor minister amid c
Maritime
ANALYST FORECASTS FENCE-MENDING IN CHIP WAR
John Davies |
The Japanese probably will be able to head off the worst of the proposed U.S. import tariffs on semi
ON THE MOVE DEBS RETIRING FROM MORGAN STANLEY
Staff Report |
Richard A. Debs, president of Morgan Stanley International Inc. and a managing director of Morgan St
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Few, if any, sparks are likely to fly when President Reagan and Prime Minister
BANKS SKEPTICAL OF DEBT SWAPS
Knight-Ridder Financial |
A bid by the Philippines to pay interest on its debt with shares in its companies rather than with d
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
GRAIN WORKERS STAGE STOPPAGE IN ROTTERDAM
(Ap) |
Workers at this port's largest grain elevator company staged a work stoppage Wednesday in a dispute
Maritime
JAPAN'S NATIONAL RAILROAD POISED TO PRIVATIZE
(Ap) |
With the blow of a steam locomotive's whistle in a Tokyo freight yard Wednesday, the Japanese Nation
CONTINENTAL CONTINUES BATTLE ON FREIGHT DELAYS
Kevin D. Thompson |
Continental Airlines has placed temporary bandages on an ailing cargo operation at Newark Internatio
SOUTH KOREA'S CHUNG TO MEET WITH BAKER
(Ap) |
Finance Minister Chung in-Yong plans to meet U.S. Treasury Secretary James Baker next week when Mr.
Maritime
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