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FLA. UTILITY GOES 'DOWN UNDER' FOR STEAM COAL
Tim Sansbury |
Florida Power Corp. became the second Gulf of Mexico utility this year to reach down under to purcha
ENERGY BRIEFS
From Wire and Staff Reports |
France Weighs Plan For Bangladesh ReactorDHAKA, Bangladesh - France is ready to study Bangla
CATASTROPHIC INSURANCE FUNDING PROPOSAL HIT
Leah R. Young |
Organized labor, the commercial health insurance industry and Blue Cross and Blue Shield Association
ASBESTOS FACILITY SUITS ALL
Russ Banham |
The Asbestos Claims Facility cut litigation defense costs in half for the 5,000 suits it disposed of
W. GERMANY BOOSTS TRADE WITH ASIA
Jess Lukomski |
West Germany's trade with Asia rose sharply in 1986. The country's overall imports fell 10.7
Maritime
RESEARCH HELD KEY FOR PAPER
Cristina Lee |
The U.S. paper industry may be enjoying a bumper year, but officials warn that reductions in forestr
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CARRIER ASKS REPLACEMENT OF PORT STAFF
Robert F. Morison |
In an unusual move, a shipping company has asked the Federal MaritimeCommission to replace p
US GRAIN EXPORT OUTLOOK IMPROVED
(Ap) |
The outlook for U.S. grain exports has shown further improvement the past month, the Agriculture Dep
INDIA URGED: HALT FURTHER SUGAR IMPORTS
Knight-Ridder Financial |
A spurt in India's domestic sugar output in the past two months has made any further imports by the
INITIAL WRANGLING OVER TRADE BILL INDICATES GOING WILL BE ROUGH
Helen Ericson |
Smooth sailing for a new House trade bill proposal is not guaranteed, judging by the way the Ways an
SUN SUDAN PLANS WILDCAT WELL
Howard Schissel |
Oil exploration in politically troubled Sudan is expected to receive a shot in the arm in May, when
HOEGH FINDS SMOOTH SAILING IN DIRECT SERVICE ROUTING
Robert Selwitz |
For Erik Falkenberg, the most challenging routing his line has faced was navigating through serious
Maritime
INDIA OKS IMO RULES ON TRAINING
Neel Patri |
The Indian Parliament approved India's acceptance of the International Maritime Organization's Conve
Maritime
AIR TRAFFIC CONTROLLERS CLAIM UNFAIR DISMISSAL
Tim Neale |
A House subcommittee is looking into charges that the Federal Aviation Administration unfairly dismi
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
PROPOSALS AIM TO BOOST EXPORTS
Richard Lawrence |
Rep. Don Bonker, D-Wash., outlined a new batch of legislative proposals to help bolster U.S. exports
FOREIGN HEADLINES
From Wire and Staff Reports |
US-Soviet Talks Begin GENEVA - U.S. and Soviet negotiators on medium-range missiles Tuesday
Maritime
CRUISE OPERATORS GET SOME ADVICE - TRY TO KEEP LENDERS CONTENT
Craig Dunlap |
The winners in the cruise industry may not be those with the best marketingplans and lowest
Maritime
FLUOR REPORTS NET LOSS
Journal of Commerce Special |
Fluor Corp. reported a net loss of $33.3 million for its first quarter ended Jan. 31, compared with
DUTCH AIM TO SETTLE STRIKE
Simon Cameron Moore |
The search for a settlement of a strike over layoffs in Rotterdam's conventional cargo sector will b
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Yellow Freight Sees Decline in EarningsST. LOUIS, Mo. - Yellow Freight System Inc.'s first q
CONSUMER PRICES JUMP IN MEXICO
WILLIAM A. ORME Jr. |
Mexico's consumer price index jumped 7.2 percent in February, bringing the cumulative price rise for
Maritime
US SALES OF TRUCKS SKYROCKET ALL MEDIUM, HEAVY CLASSES RECORDED GAINS IN FEBRUARY
Michael S. Lelyveld |
U.S. retail sales of heavy- and medium-trucks rose sharply in February, according to preliminary fig
FOREIGN OIL CONTRACTORS TO CUT INDONESIAN SPENDING
Journal of Commerce Special |
Foreign oil contractors proposed to lower spending in Indonesia to $2.7 billion in calendar 1987, af
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
POLAND SEEKS US GRAIN CREDITS
Richard Lawrence |
Poland would more than triple its U.S. grains purchases if it received U.S. government credits, a Po
NYSE NOMINATING UNIT NAMES THREE TO BOARD
Journal of Commerce Staff |
The 1987 nominating committee of the New York Stock Exchange named three new candidates for election
NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe nominating committee of the New York Stock Exchange named three new candidat
Maritime
BAKER BACKS NON-BANK BANKS
Leah R. Young |
While the Senate Banking Committee began considering legislation to restrict the activities of non-b
RUBBER PACT MEETING UNDER WAY
(Ap) |
Representatives of 40 rubber producing and consuming countries began a two- week meeting in what is
INTERNATIONAL CALENDAR
JOC Staff |
LDC Debts: Implications for Growth in Latin America and for the Financial Markets. Conference spons
Maritime
MARAD REVISING PAY-BACK RULES
Robert F. Morison |
The Maritime Administration will rework the rules that allowed owners of three tankers to pay back t
Maritime
ARMY WAIVER HAMPERS PROBE OF IMPORTED BOLTS
Pete Carey |
A Defense Department investigation into the use of substandard imported bolts has been seriously ham
Maritime
SPOT PRODUCT PRICES
JOC Staff |
March 10, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
HONGKONG & SHANGHAI BANK REPORTS RECORD PROFITS
P.T. Bangsberg |
Hongkong & Shanghai Banking Corp. announced record profits of a fraction above HK$3 billion (US$385
Maritime
MINERS CONTINUE STRIKE AGAINST SPAIN'S HUNOSA
(Ap) |
Thousands of coal miners stayed off the job and others picketed coal mines Tuesday to protest job cu
OOCL FIXES N. AMERICAN ARRIVALS
John Davies |
Orient Overseas Container Line this weekend will begin fixed-day arrivals at its five ports in the U
Maritime
UK TO CHOOSE AIRLINE FOR DOCKLANDS AIRPORT
Edwin Unsworth |
The Civil Aviation Authority (CAA) is hearing applications this week from two airlines wanting to be
CORRECTION
JOC Staff |
Piedmont Aviation Inc. had revenue of $1.87 billion and earnings of $72.4 million in 1986. USAir Gro
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