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INSIDE TALK FROM JAPAN
William Armbruster |
CHANGES AHEAD: The Japanese liner shipping industry may be in for a period of major restructuring. S
Maritime
CHRYSLER FACES $910,000 FINE OVER RECORDS
(Ap) |
The Labor Department proposed that the Chrysler Corp. be fined $910,000 for allegedly disregarding f
FINANCIAL GUARANTEE INSURER FORMED
C.A. Carpenter |
Capital Guaranty Corp. said it raised $200 million from six institutional investors to support its e
CANADIAN PACIFIC POSTS INCOME RISE
JOC Staff |
Canadian Pacific Ltd. reported third-quarter income rose to C$81.2 million, or 27 cents a share, fro
JAMAICAN GROWTH FALLS SHORT
Canute James |
A decline in food exports has contributed to a downward revision of Jamaica's economic growth prospe
Maritime
NYSE CHIEF SEES CHINA ADVANCING
Jasper Becker |
China will be operating sophisticated financial markets within a decade at most, said John Phelan, c
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Toshiba Subsidiary Opens 2nd US OfficeToshiba International Corp., a subsidiary of Japan's T
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
Gelco Turns Down Bid By Unidentified SuitorEDEN PRAIRIE, Minn. - Gelco Corp. said its board
GETTY STATIONS TO TEST PHONES
Journal of Commerce Staff |
Celcor Inc. said its subsidiary, the Pay Telephone Co., contracted with Getty Petroleum Corp. to pro
FMC MAY STIFFEN SERVICE PACT RULES COMMISSION WANTS RECORDS KEPT IN THE US FOR QUICK INSPECTION
Robert F. Morison |
The Federal Maritime Commission proposes to require records on service contracts to be kept inside t
Maritime
BRITISH TASTE FOR BEEF SEEN EDGING TOWARD CHICKEN
JOC Staff |
The British, who traditionally favor roast beef and Yorkshire pudding for Sunday dinner, have a grow
GREEK SEAMEN PLAN STRIKE THREAT PLUNGES INDUSTRY DEEPER INTO CRISIS
Victor Walker |
A decision by the Panhellenic Seamen's Federation to call a worldwide strike for early December has
Maritime
PEPSICO TO INVEST MILLIONS IN CHINESE JOINT VENTURES
JOC Staff |
Pepsico Inc. said it will invest up to US$100 million in joint ventures to produce soft drinks in Ch
Maritime
INSIDE TALK FROM THE WEST COAST
John Davies |
A NEW PACIFIC RIM trade war is brewing over what might seem a small matter. With an announce
Maritime
PORTLAND'S SHIPYARD SAGA NEW FIRM'S REQUEST TO OPERATE PUT ON HOLD
Journal of Commerce Special |
The turmoil at the port of Portland's shipyard here took a new twist last week when a port subcommit
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
BankAmerica Plans Large Assets SalesBankAmerica Corp. plans to sell its Italian subsidiary a
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Ruco Develops SoftwareProgramRuco Polymer Corp. developed an IBM-compatible software
NORFOLK SOUTHERN TO UPGRADE PIER
Journal of Commerce Staff |
Norfolk Southern Corp. plans to spend an estimated $15 million at its Norfolk, Va., coal terminal in
AQUASCIENCES ACQUIRES PANZELLA
Journal of Commerce Staff |
AquaSciences International Inc. acquired Panzella Water Conditioning Co. of Marlboro, N.Y., for an u
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWS Consumer confidence declined in October to its lowest level in more than three
Maritime
AIDE TOUTS US REFORMS IN TAXES
Journal of Commerce Staff |
Japan might do well to follow the U.S. lead in tax reform, a senior Reagan administration official s
SALVORS CHALLENGED AT BUFFALO
(Ap) |
The crane, with its tangle of beams, trusses and cantilevered booms, is so rare that special heavy e
Maritime
BRAZILIAN '87-88 COFFEE CROP FORECAST AT 26 MILLION BAGS
Knight-Ridder Financial |
U.S.-based coffee analyst, E.D. and F. Man said Brazil's 1987-88 coffee crop has suffered only negli
OCEAN CARRIER RATE CHANGES
JOC Staff |
Members of The "8900" Rate Agreement plan to implement a rate increase, effective Jan. 1, 1987.<
Maritime
CONCERN INCREASES OVER TOXIC WASTE
(Ap) |
New Jersey residents are becoming more concerned about chemical and toxic waste, and although they f
BIS PREDICTS 1987 WILL BRING GROWTH
Knight-Ridder Financial |
The economies of the 10 leading industrialized nations of the West will grow by between 2.5 percent
JAPAN PROMISES AQUINO LOAN FOR COAL PLANT
A.E. Cullison |
Japanese Prime Minister Yasuhiro Nakasone promised visiting Philippine President Corazon Aquino that
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BERGEN BANK ISSUE RATED AA1
JOC Staff |
Moody's Investors Service assigned an initial Aa1 rating to a senior long- term Euroyen obligation o
FOREIGN STEEL LOSES GRIP IN THE US
Journal of Commerce Staff |
Imported steel's share of the U.S. market is gradually declining, the American Iron and Steel Instit
FEDERAL MAY ADD ANOTHER AIR HUB
Larry Sterne |
Federal Express is studying the possibility of adding another air hub to handle document and small p
TRADE DEFICIT TO FADE SLOWLY?
Helen Ericson |
Federal and corporate policies must change if the U.S. merchandise trade deficit is to decline signi
CHINA TO INCREASE TRADE IN ARMS
(Ap) |
China plans to increase its arms trade with foreign countries while at the same time developing weap
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSCharitable contributions by U.S. firms are likely to drop or register no growth.
SKAARUP GROUP RESTRUCTURING BULK SHIPPING FIRM MERGING 2 UNITS, PICKING NEW OFFICERS
Mark Magnier |
Skaarup Shipping Corp., a bulk shipping company with interests in chartering, management, ship owner
Maritime
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Allied-Signal Enters Pact With Italian FirmAllied-Signal International Inc. said it signed a
Maritime
STOCK MARKET MAY INCH AHEAD
Gordon Platt |
A slight acceleration in economic growth in an environment of continued low inflation should enable
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Friday, Nov. 7, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
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