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DOLLAR RALLY FALTERS AS CURRENCY DECLINES
Knight-Ridder Financial |
The U.S. dollar's three-day rally faltered Tuesday as the currency slipped lower against all major c
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSKnight-Ridder Inc. agreed to acquire the State-Record Co., a South Carolina news
ELECTION-WATCH INHIBITS TRADING
RIPLEY WATSON Jr. |
Politics, money and sports affected stock market trading Tuesday as the Dow Jones industrial average
HOME SALES HIT SEVEN-YEAR RECORD
(Ap) |
Sales of existing homes, bolstered by falling home prices and low mortgage rates, climbed 4.4 percen
EARNINGS
JOC Staff |
Sales Net Income Per Share Company Period Latest Prior Latest P
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LA PORT MAPS REORGANIZATION
Bill Mongelluzzo |
The port of Los Angeles will restructure its chain of management command, dividing the responsibilit
Maritime
LONG BEACH PROFITS RISE 34 PERCENT
Bill Mongelluzzo |
The port of Long Beach reported net income of $12.8 million in the first quarter of fiscal year 198
Maritime
INSIDE TALK FROM THE SOUTH ATLANTIC
Craig Dunlap |
HOW TO WIN FRIENDS, AND LOSE THEM: Gov. Bob Graham of Florida turned a 1978 campaign gimmick into a
Maritime
MM&P'S PORT OFFICE UNDER INVESTIGATION
Journal of Commerce Staff |
San Francisco's district attorney is investigating whether a maritime union has been getting free r
Maritime
S. KOREAN YARDS REVIEWING POLICY SHIPBUILDERS APPEAR READY TO CHANGE AGGRESSIVE STANCE
Janet Porter |
South Korean shipbuilders appear ready to raise prices and cooperate with other countries in reducin
Maritime
QE2 OVERHAUL TO COST CUNARD $130 MILLION
Journal of Commerce Staff |
Cunard Line Ltd. will spend $130 million, the amount many companies pay for a new vessel, to refurbi
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Bougainville Output Of Gold Fell in QuarterSYDNEY, Australia - Gold output at Bougainville C
STEELMAKERS FACE FACTS IN JAPAN STEADILY DECLINING DEMAND LIKELY TO FORCE OUTPUT CUTS
A.E. Cullison |
Japan's "big five" steel companies will cut annual production over the next two to three years to 90
Maritime
ACHILLE LAURO SUITS RETURNED TO STATE COURT
(Ap) |
A federal judge returned to state court two lawsuits filed by passengers of the hijacked Achille Lau
OIL WORLD FORECASTS DROP, THEN RALLY IN SOYBEAN PRICES
Knight-Ridder Financial |
A fall in the price of soybeans and vegetable oils is likely before prices begin to rise again, the
ANALYST PREDICTS DECLINES IN FARM UNITS NEARS END
(Ap) |
Although the number of farms in the United States dropped in 1986 at thesharpest rate in more than a
IMPACT OF SAGGING EXPORTS ON FARM ECONOMY EYED
(Ap) |
Sagging exports of major farm commodities have hit hard in 420 counties where those crops account fo
GRACE UNIT INVESTS IN EDA
Journal of Commerce Staff |
Grace Ventures Corp., the venture capital subsidiary of W.R. Grace & Co., headquartered here, announ
AUSTRALIA BOOSTS ESTIMATE OF 1986-87 WHEAT CROP
Knight-Ridder Financial |
Australia's 1986-87 (April-March) wheat crop should total 16.0 million metric tons given average wea
PLASTICS CORNER
Journal of Commerce Staff |
Dartco Offers ReinforcedXydar ResinThe first reinforced grade of Xydar resin and maj
PSNH FEARS EXCESS POWER
Tom Mcniff |
Public Service Co. of New Hampshire says the growth in electricity from cogeneration facilities and
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Singapore Inaugurates Submarine Cable SystemYeo Ning Hong, minister for communications and i
Maritime
STUDY SEES US-JAPANESE TRADE WAR
(Ap) |
The United States and Japan face a head-on collision over trade unless each nation changes its funda
Maritime
NORTHWEST SHOWS ALL-CARGO TENACITY
Gregory S. Johnson |
Northwest Airlines backed up its determination to remain the only U.S. passenger airline still opera
FOKKER LOOKS TOWARD US DUTCH AIRCRAFT MAKER HOPES TO MARKET NEW JET
Tim Neale |
Frans Swarttouw, chairman of Fokker B.V., likes to describe the Dutch aircraft manufacturer as a sma
EUROPE EXPECTED TO PICK UP CNS CONCEPT
Richard Malkin |
Brian Barrow is a soft-spoken, low-key, Cambridge-educated Englishman who apparently favors understa
AVIATION BRIEFS
From Wire and Staff Reports |
Ryder Unit to Acquire Stake in Van Dusen AirRyder System Inc. said its Aviall Inc. subsidiar
FLA.'S CENTURION THRIVING IMPORT BOOM MAKES THIS DEALER MODEL OF SUCCESS
Craig Dunlap |
A good product or service means nothing if a market doesn't exist, so timing and location are keys t
CANADIAN GROUPS OPPOSE AIR CARGO TAX
Andrew Tausz |
The Canadian government's plan to introduce an air cargo tax by April 1987 is meeting stiff oppositi
UK AIRLINE STOPS HIRING ON SEX-BASE
(Ap) |
Dan-Air, Britain's second-largest airline, was told its refusal to hire men as cabin attendants is s
SAC COMMANDER WANTS MX MISSILES ON TRAINS
(Ap) |
The head of the Strategic Air Command wants 50 more long-range MX missiles to be built and put on tr
TRAFFIC BRIEFS
From Wire and Staff Reports |
Cummins Engine Plans To Trim Work ForceCOLUMBUS, Ind. - Cummins Engine Co., a manufacturer o
DISMEMBERMENT OF THE JNR
Lewis M. Simons |
Despondent because he expected to lose his job when the Japan National Railway is broken up into pri
GUILFORD LAWYERS BUSY WITH SEVERAL ACTIONS
TOM McNIFF Jr. |
Guilford Transportation Co. has asked a federal court to order the National Mediation Board to begin
WORLD TODAY
From Wire and Staff Reports |
Budget Deficit Widens WASHINGTON - The U.S. government deficit widened in September to $3.73
GAO BLASTS CUSTOMS' CARGO CHECKS
Robert F. Morison |
The General Accounting Office again criticized the U.S. Customs Service for its cargo examination s
$5 BILLION VOTED FOR DREDGING 48 PROJECTS APPROVED OR AWAIT GO-AHEAD
Juliana King |
More than $5 billion will flow to port and waterway improvement projects under the Water Resources
Maritime
OIL TO DICTATE BANK LOAN PACKAGE FOR ECUADOR
Gordon Platt |
The New York branch of Banque Paribas of France announced an inno vative revolving credit facility f
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