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MESA GEARS UP FOR DRILLING IN HUGOTON GAS FIELD
Forrest S. Gossett |
True to the promise its maverick chairman, T. Boone Pickens, made last year, Mesa Petroleum Co. is w
CHEMICAL MARKETS
Journal of Commerce Staff |
Lucidol Increases Prices by 5 percent Lucidol announced a price increase of 5 percent for sv
NEW RATE RULES ADOPTED ICC ALLOWS CHANGES ON ONE DAY'S NOTICE
David M. Cawthorne |
The Interstate Commerce Commission adopted new rules permitting railroads and other carriers to make
NEW CESSNA PLANE REPORTEDLY TESTED
Journal of Commerce Staff |
Cessna Aircraft Co., which has spent most of this year cutting back, apparently is proceeding with d
CME ACTS TO CURB STOCK PRICE SWINGS
(Ap) |
The Chicago Mercantile Exchange announced plans to change futures settlement procedures, a move aime
WHEAT COUNCIL SEES DROP IN SOVIET IMPORT NEEDS
(Ap) |
Soviet grain imports in the current marketing year could drop to 20 million metric tons, an official
JAPANESE FIRMS EYE PICKUP
A.E. Cullison |
Private Japanese corporations predict their country's sagging economy will recover substantially bet
Maritime
PAYMENTS DEFICIT HITS HIGH
Richard Lawrence |
The United States incurred a record $36.2 billion deficit in its international payments on current a
BRAZILIAN AGENCY RELEASES ESTIMATES FOR '86-87 CROPS
Knight-Ridder Financial |
The Company for Financing Production has put its December estimate of the 1986-87 soybean crop at 15
TRUCKERS FIGHT BLACK BOXES
Michael S. Lelyveld |
The Department of Transportation should make electronic recorders mandatory for heavy trucks to kee
NUTMEG ADDS SPICE TO GRENADA
(Ap) |
Once again Grenada is living up to its name as the Spice Island as its nutmegs have come into demand
Maritime
SHARE-VOTING PROPOSAL STIRRING HEATED DEBATE
Sherie Winston |
The New York Stock Exchange and about 40 other witnesses are testifying before the Securities and Ex
HOME CONSTRUCTION DECLINED IN NOVEMBER
(Ap) |
A Southern building slump caused U.S. housing construction to drop 1.8 percent in November, the thir
BASF WYANDOTTE WEIGHS EXPANSION
Journal of Commerce Staff |
BASF Wyandotte Corp., the third-largest dye company in the world, is considering the expansion of it
BANKERS SET UP CAPTIVE
C.A. Carpenter |
he American Bankers Association announced an agreement to set up a captive insurance company for mem
XTRA STUDIES ITEL PURCHASE OF SHARES
Journal of Commerce Staff |
Officials of XTRA Corp., a transportation equipment leasing company, said they are studying a possib
AUSTRALIA TO FEEL PINCH FROM US SUGAR QUOTA CUT
Knight-Ridder Financial |
The Australian sugar industry was disappointed that the U.S. had gone ahead with a 47 percent cut in
GHANA'S COCOA PRODUCTION EXPECTED TO RISE IN 1986-87
Knight-Ridder Financial |
Ghana's total cocoa production in 1986-87 may exceed 260,000 metric tons, according to official prod
COURT WON'T REGISTER POLISH UNION
(Ap) |
Poland's Supreme Court on Tuesday rejected an appeal by shipyard workers in the northern port of Swi
Maritime
INSIDE TALK ABOUT SHIPPING
bonney |
PLAY IT AGAIN: It was 50 years ago this fall that the National Maritime Union was organized by worke
Maritime
CANAL REVENUE INCREASES 21 PERCENT
(Ap) |
This year's income from Suez Canal transit tolls, Egypt's third-largest source of foreign exchange,
Maritime
JAPANESE ENTER US BURGER MARKET
(Ap) |
A Japanese firm seeking a bite of the U.S. hamburger market has bought Burger King's Hawaiian franch
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Maritime Colleges Sign Exchange AgreementKINGS POINT, N.Y. - The U.S. Merchant Marine Academ
Maritime
BRAZIL BEGINS THE BIG THAW SOME FROZEN INDUSTRIAL PRICES TO BE ADJUSTED
James Bruce |
Brazil has signaled to its beleaguered private industry the beginning of long-awaited adjustments of
Maritime
STOCKS SPURT IN FINAL HOUR
RIPLEY WATSON Jr. |
Looking ahead to Friday's triple witching hour, the stock market fluctuated with in a narrow trading
ITALIAN MINISTER BLOCKS SALE OF RADIOACTIVE DAIRY PRODUCTS
Thomas Taylor |
Italy's health minister has abruptly blocked an auction sale of powdered milk, whipped cream and che
Maritime
ICI SELLS OIL, GAS ASSETS
(Ap) |
Imperial Chemical Industries PLC, Britain's largest industrial company, said it agreed to sell its o
NY CONSIDERS ALTERNATIVE TO GASOLINE TAX
Journal of Commerce Special |
A proposed regional gasoline tax of 5 cents a gallon, which would be used to fund the Metropolitan T
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS A researcher said that the harvest of Christmas trees may be too good. Page 2AM
US WARNS FOREIGN TOOL EXPORTERS
Richard Lawrence |
The White House issued a general warning to foreign machine tool exporters that they shouldn't sharp
CATASTROPHIC HEALTH PLAN UNDER STUDY
Leah R. Young |
There is a feeling in the insurance industry that the Reagan administration is considering a less im
NEW YORK AUTHORITY REVISES HYDROPOWER ALLOCATIONS
Journal of Commerce Staff |
The New York Power Authority approved revised allocations of hydroelectric power that it says will e
WHARF'S PROFITS UP IN HALF-YEAR SIR Y.K. PAO'S CONGLOMERATE TO SHED TRADING, SERVICE UNITS
P.T. Bangsberg |
Newly rechristened Wharf (Holdings) Ltd., flagship of Sir Yue-kong Pao's empire, reports profits are
Maritime
NC PORTS OFFICIAL, DE VANE, DIES
JOC Staff |
Ruff A. De Vane, director of administration and finance for the North Carolina State Ports Authority
Maritime
INTERNATIONAL CALENDAR
Staff Report |
MINISTRY OF INDUSTRIES, GOVERNMENT OF BANGLADESH INVESTORS' FORUM. Main objective is to promote fore
Maritime
TWO 'DRAGONS' TO SETTLE DOWN SOUTH KOREA, TAIWAN PREDICT SLOWER GROWTH NEXT YEAR
P.T. Bangsberg |
The economies of South Korean and Taiwan, two of Asia's four dragons, are forecast to grow 8 percent
Maritime
VOLCKER LOSES ALLY AT THE FED ARMSGATE IMPROVES ODDS HE'LL RETAIN CHAIRMANSHIP
John Boyd |
For Paul A. Volcker, it's getting lonelier at the top of the Federal Reserve. But the Iran a
US POTATO HARVEST FELL 13 PERCENT AS OF DEC. 1
(Ap) |
The inventory of potatoes harvested this fall totaled 204 million hundredweight as of Dec. 1, a 13 p
USCG GETS NEW CHOPPERS
Journal of Commerce Staff |
The U.S. Coast Guard is acquiring 96 new search-rescue helicopters in a $312 million program aimed a
Maritime
WORLD MONEY FRONT DOLLAR MOVES BROADLY HIGHER IN CONTINUED SLOW TRADING
Knight-Ridder Financial |
The U.S. dollar moved broadly higher Tuesday in quiet trading. Analysts said the market was
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