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IND. RAILROAD COURTS COAL COMPANY OFFERS STORAGE, BLENDING, DISTRIBUTION
Andrea Chancellor |
A regional railroad that operates in central Indiana is betting that there is a market for a coal di
INSIDE TALK FROM THE WEST COAST
Bill Mongelluzzo |
HIGH AND DRY: The port of Long Beach so far has fared well during the saga of United States Lines. U
Maritime
COFFEE PRICE DROP TRIGGERS EMERGENCY ICO MEETING
(Ap) |
Falling prices have triggered an emergency meeting of the International Coffee Organization executiv
UK SHIP FIRMS TALK MERGER P&O SEEKS TAKEOVER OF EUROPEAN FERRIES AS PART OF EXPANSION
Edwin Unsworth |
P&O and European Ferries, two of Britain's largest shipping groups, are due to make an announcement
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
RAIL LABOR STATUS ERODES ELITE UNIONS FACE CHALLENGES TO SURVIVAL
(Ap) |
For more than a century, the nation's railroad unions have constituted the aristocracy of U.S. labor
B&O BOARD APPROVES MERGER OF RAILROAD
Journal of Commerce Staff |
The Baltimore & Ohio Railroad slid into history this week when directors formally approved its merge
FOREIGN VISITS
From Wire and Staff Reports |
Kohl-Mubarak Meeting BONN, West Germany - West German Chancellor Helmut Kohl will meet with
Maritime
STUDY SHOWS FRAUD HELPED REBUILD SAN FRANCISCO
(Ap) |
The key word after the Great Earthquake and Fire in 1906 was fire - at least when it came to collect
MBIA PLANS FOR CHANGE
C.A. Carpenter |
The Municipal Bond Insurance Association announced its plans to reorganize and become a new company
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FINANCIAL BRIEFS
From Wire and Staff Reports |
Deutsche Bank to Buy BankAmerica UnitFRANKFURT, West Germany - Deutsche Bank AG said it agre
SUMMIT ON DEBT TO BEGIN
Journal of Commerce Staff |
Treasury Secretary James Baker and U.S. Trade Representative Clayton Yeutter will be among the speak
Maritime
SHRINKING TRADE GAP FORECAST
Knight-Ridder Financial |
The U.S. trade deficit will be $25 billion to $40 billion narrower in 1987, causing an increase in U
BUSINESS PANEL DETAILS TOP CONSUMER CONCERNS
(Ap) |
Fraudulent advertising and a variety of financial concerns are the top consumer problems facing regu
GRAIN QUALITY ISSUE EYED
Knight-Ridder Financial |
After the passage of the Grain Quality Improvement Act of 1986, many quality issues remained, and th
INDONESIAN COFFEE EXPORT EARNINGS RISE
(Ap) |
Indonesia's earnings from coffee exports between October 1985 and September 1986 reached US$899.7 mi
CRUISING IN THE PINK
Bruce Johnson |
When Holland America Line weighed anchor and moved its North American cruise ship headquarters from
Maritime
ITALY GRANTS HUGE SUBSIDY FOR FLEET RENEWAL
Thomas Taylor |
After two years of debate, the Italian Parliament passed a law granting sizable state subsidies to b
Maritime
OAKLAND PROJECT LEAPS 1ST HURDLE CONTAINER TERMINAL PLANS PASS ENVIRONMENTAL IMPACT REVIEW
Maureen Robb |
The port of Oakland approved an environmental impact report as the first step toward building a new
Maritime
JAPAN: NOT DUMPING CHIPS
(Ap) |
Japanese trade officials have assured their U.S. counterparts that Japan's semiconductor makers have
Maritime
'86-87 COCOA SURPLUS PUT AT 44,000 TONS
Knight-Ridder Financial |
The International Cocoa Organization Statistics Committee forecast a world cocoa surplus for 1986-87
ELSAM BUYS CHINESE COAL DATONG REGION TO SUPPLY DANISH UTILITIES
Tim Sansbury |
Chinese coal exporters trying to secure a foothold in the European market will take an important ste
DOW AVERAGE HITS NEW HIGH
RIPLEY WATSON Jr. |
Spurred by a variety of factors, the stock market moved sharply higherTuesday in heavy trading as th
HUTCHISON ENTERS HONG KONG FRAY 3RD BIG PLAYER SEEKING SHARE OF TELECOMMUNICATIONS MART
P.T. Bangsberg |
A third major player is pitching into the lucrative and booming telecommunicati ons market in Hong K
Maritime
JOBLESS RATE FALLS IN BELGIUM
(Ap) |
The number of jobless workers fell 2.8 percent in Belgium from October to November, the Labor Office
Maritime
CAR USE DEBATE HEATS UP ICC POWER TO PRESCRIBE ALLOWANCES AT ISSUE
David M. Cawthorne |
Railroad and shipper interests have strong opinions as to whether the Interstate Commerce Commission
FOREIGN VISITS
From Wire and Staff Reports |
Kuranari Plans US Trip TOKYO - Foreign Minister Tadashi Kuranari is planning to visit the Un
Maritime
BUDGET PROCESS TO START SOONER? ADMINISTRATION PLANS TO SUBMIT 1988 DRAFT TO CONGRESS BY JAN. 5
John Boyd |
The Reagan administration plans to send a first installment of its fiscal 1988 budget to Congress by
LYNG OPPOSES ANOTHER DAIRY BUY-OUT
Knight-Ridder Financial |
U.S. Department of Agriculture secretary Richard Lyng said he remains emphatically opposed to starti
SHIP OUTLOOK A MIXED BAG
Victor Walker |
Greek shipowners and some of the men who supply them with money and cargo sat down together recently
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Australia, New Zealand Ratings Cut by S&PStandard & Poor's Corp. lowered its ratings for lon
COST OF CREDIT
JOC Staff |
Tuesday, Dec. 2, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COLLIER FACING CRIMINAL CHARGES
(Ap) |
The government initiated criminal proceedings against Geoffrey S. Collier, the bank securities chief
YARDS PRESSED IN W. GERMANY ENGINEERING UNION DEMANDS CUT IN WORKWEEK TO 35 HOURS
Simon Cameron Moore |
West Germany's hard-pressed shipbuilders are warning that demands by the engineering union I.G. Meta
Maritime
ORE. COUPLE WINS UDDERLY SHOCKING CASE
(Ap) |
A utility company was ordered to pay $90,200 to the owners of a dairy farm where power surges shocke
PULLMAN-PEABODY MAKES BID TO ACQUIRE JOY MANUFACTURING
(Ap) |
The Pullman-Peabody Co. announced a cash tender offer to acquire all the outstanding stock of Joy Ma
INDIAN COMMISSION SIGNS 10-YEAR LOAN
(Ap) |
India's state-owned Oil and Natural Gas Commission signed a 10-year loan of $575 million in Hong Kon
JUDGES COULD BLOCK TORT REFORM
Leah R. Young |
Despite actions by 20 state legislatures, I believe the tort reform movement is heading into deep tr
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