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UNITY MUTUAL UNVEILS PLAN INSURER PROPOSES MERGER WITH MANHATTAN LIFE
C.A. Carpenter |
Unity Mutual Life Insurance Co. announced a plan to merge with Manhattan Life Insurance Co. to creat
PHONY PURCHASE ORDER FOR SHIP ALLEGED
(Ap) |
A California man has said in a deposition that a phony purchase offer was thebasis for a $3.1 millio
NEW YORK MAN CHARGED IN INTERNATIONAL SCAM
(Ap) |
A Spring Valley man allegedly used a bogus insurance company with international ties to cheat 11 sub
20 PERCENT DISABLED IN SOME WAY, STUDY SHOWS
(Ap) |
One in five U.S. adults suffers from some type of disability, with trouble walking and lifting thing
STABLE YEN LEVELS SURCHARGE
John Davies |
An extra currency charge for North American exporters who ship to Japan will stay the same during th
Maritime
ANALYSTS BULLISH ON STOCK MARKET
Gordon Platt |
Analysts see clear sailing ahead for the stock market, now that the triple witch ing hour has passed
BELGIAN TUG CREWS BACK AT WORK
Simon Cameron Moore |
Belgian tug crews returned to work Friday evening following the settlement of a week-long dispute ov
Maritime
INSIDE TALK ON TRANSPORT
Dave Cawthorne |
LEGISLATIVE STRATEGIES: The railroad industry may come up with its own version of regulatory reform
TRINIDAD CHIEF FACES STIFF TEST
Journal of Commerce Special |
A.N.R. Robinson, the new prime minister of Trinidad and Tobago, will have a difficult first year in
Maritime
THAIS EASE TEXTILE BAN
P.T. Bangsberg |
Textile importers will have greater supply opportunities in Thailand under that country's plan to pa
Maritime
P-I-E NATIONWIDE TURNS AROUND
Leo Abruzzese |
Improved financial performance by two struggling truck lines highlights this week's Journal of Comme
NUCLEAR WASTE SHIPMENT GOES ASTRAY IN MIDWEST
(Ap) |
A railroad car carrying nuclear wastes to a Washington state dump took a wrong turn and ended up in
TRAFFIC BRIEFS
From Wire and Staff Reports |
ICC Denies Petition To Clarify Cost DataThe Interstate Commerce Commission denied a petition
POLAND GETS POWER TO FREEZE WAGES
(Ap) |
The Polish Parliament approved a package of economic legislation giving the government power to free
Maritime
EUROPEANS, US TO DISCUSS AIRCRAFT TRADE
Journal of Commerce Staff |
The governments of France, West Germany and Great Britain agreed in principle to hold talks with the
NAVISTAR OFFERING ACTIVE COMPANY LAYS PLANS TO EXPAND OPERATIONS
Andrea Chancellor |
Navistar International Corp. offered 106.3 million common shares at $4.75 a share Friday and the sto
GUILFORD SAYS BOSTON LAX ON AMTRAK PLAN
TOM MCNIFF Jr. |
A Guilford Transportation Industries spokesman claims Boston area public transit officials do not ha
BOLGER WARNS AIRLINES SERIOUS OVERTURES TO RE-REGULATE INDUSTRY SEEN
Tim Neale |
Airlines need to guard against subtle efforts to re-regulate the industry, the president of the Air
AMERICAN COMPLETES SECURITY OVERHAUL
Larry Sterne |
American Airlines recently completed a sweeping change of its security procedures for international
SOUTHERN AIR GETS HAIRY ASSIGNMENT
Journal of Commerce Staff |
Southern Air Transport, the all-cargo carrier linked to arms shipments to Iran and Nicaragua, is hop
JAL CRASH TRACED TO IMPROPER REPAIRS
Journal of Commerce Staff |
A Japanese government commission has concluded that improper repairs by the Boeing Co. caused the cr
CLEAR SKIES FOR ALL NIPPON
Journal of Commerce Special |
The fateful crash of a Japan Air Lines jumbo jet over central Japan in August 1985, killing 520 of 5
HONG KONG AND CHINA OPTIMISTS, PESSIMISTS DEBATE POST-'97 OUTLOOK
JOC Staff |
Bulldozers grunt and jackhammers clatter at rising hotels and shopping malls. Well-dressed workers j
Maritime
GRAIN EMBARGO DISPUTE RAGES ON
(Ap) |
Even if the old argument over grain embargoes doesn't become a national farm issue, it's still there
DOLLAR GENERALLY MIXED AS PACE OF TRADING SLOWS
Journal of Commerce Staff |
The U.S. dollar was generally mixed against major foreign currencies Friday as the foreign exchange
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DEAK UNIT CREDITORS OFFERED 1 CENTS
P.T. Bangsberg |
More than 300 unsecured creditors of a local unit of the Deak Perera finance house are being offered
FINANCIAL BRIEFS
From Wire and Staff Reports |
IFC Helps to Establish Bank in HungaryThe International Finance Corp. is helping to establis
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Friday, Dec. 19, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ON THE MOVE
Staff Report |
Moller Names M. LauridsenTo New PostMoller Steamship Co. promoted Mogens Lauridsen t
2 ASEAN NATIONS TAKE IMPORT ACTION
P.T. Bangsberg |
Malaysia is putting more restrictions on imports, but neighboring Indonesia is relaxing its regulati
SEABOARD WEIGHS MOVE TO MIAMI ECONOMIC PLUSES COULD LURE FIRM FROM PORT EVERGLADES
Craig Dunlap |
Seaboard Marine Ltd., the steamship line/agency that sparked the entry of non-International Longshor
Maritime
CONSUMER PRICES RISE MODERATELY
(Ap) |
Consumer prices, led by increases in food and new automobile costs, climbed 0.3 percent in November,
CAMDESSUS FACES TOUGH IMF JOB
Richard Lawrence |
Michel Camdessus, the International Monetary Fund's next managing director, will face an array of pr
BUDGET DEFICIT DOWN SHARPLY OVER NOV. '85
(Ap) |
The federal government recorded a $27 billion budget deficit last month, down substantially from the
WEST COAST BRIEFS
From Wire and Staff Reports |
MCI Nears Completion Of Fiber-Optic NetworkMCI Communications Corp. said construction will b
Maritime
HONG KONG NOW AND IN THE FUTURE OPTIMISTS AND PESSIMISTS DEBATE POST-'97 OUTLOOK
(Ap) |
Bulldozers grunt and jackhammers clatter at rising hotels and shopping malls. Well-dressed workers j
Maritime
LOCKHEED IS SUED BY EX-EMPLOYEE
(Ap) |
A wrongful discharge suit was filed against Lockheed Corp. by a computer specialist who claims he wa
Maritime
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