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Platts Containers Update
US DOLLAR ENDS MIXED IN SLOW TRADE
Knight-Ridder Financial |
The U.S. dollar steadied in quiet trading Wednesday, moving higher against some major foreign curren
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSThe slump in public works projects led the decline in construction contracting.
WORLD TODAY
From Wire and Staff Reports |
US Pressed on Syria BRUSSELS, Belgium - The European Community is asking the United States t
CANADIAN RAILS BATTLE FOR ASIAN PARTS TRAFFIC
Journal of Commerce Special |
Canada's two major railways are stalking container business to be generated by four Asian car assemb
Maritime
RIBICOFF BLASTS PROPOSED PIPELINE
(Ap) |
As hundreds cheered and applauded, former Governor and U.S. Senator Abraham Ribicoff told federal en
HONG KONG PORT TRAFFIC STILL RISING
P.T. Bangsberg |
More than 3,400 ships called at Hong Kong in the second quarter with total capacity of 20 million ne
Maritime
EC APPROVES STATE AID FOR DAIMLER-BENZ PLANT
(Ap) |
The European Community Commission approved a grant for Daimler-Benz AG, from a joint federal-state r
Maritime
TRADE FAIRS
From Wire and Staff Reports |
S. Koreans to Display Merchandise in NYCNEW YORK The Korean General Merchandise Show will b
Maritime
TIN PRODUCERS VOICE CONCERN OVER US STOCKPILE DISPOSALS
P.T. Bangsberg |
U.S. policy on tin stockpiles is a matter of grave concern" to major world producers, who are urging
CHEVRON EARNINGS FALL AS PRICES, SALES SLIDE
Journal of Commerce Staff |
Chevron Corp. reported third quarter consolidated earnings of $208 million, 61 cents a share, down f
P/C SALARIES TERMED LOW
C.A. Carpenter |
The insurance industry again plans to pay the highest average merit increases among salaried workers
LIFE INSURERS JOIN HANDS
C.A. Carpenter |
A joint venture between two mutual life insurance companies may lead to more mergers in the industry
EARNINGS
JOC Staff |
Norfolk Southern's Quarterly Profit SmallerNORFOLK, Va. - Norfolk Southern Corp. reported th
NEW CARRIER TO BEGIN SEA TRIALS
(Ap) |
The nation's newest aircraft carrier, a $2.3 billion flattop named for Theodore Roosevelt, begins se
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Contra Cases Open THE HAGUE, Netherlands - The World Court ordered the first detailed argume
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
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Singapore Inaugurates Submarine Cable SystemYeo Ning Hong, minister for communications and i
Maritime
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
FRONT-BRAKE RIDER SURPRISED INDUSTRY
Michael S. Lelyveld |
President Reagan brought an abrupt end to the trucking industry's debate over front-wheel brakes wit
CHEMICAL MARKETS
Journal of Commerce Staff |
Demand for Acetone Strengthens The demand for acetone has strengthened a bit due to the rece
MARITIME BRIEFS
From Wire and Staff Reports |
Mass. Academy Wins Scholarship AwardThe Student Port Propeller Club of the Massachusetts Mar
Maritime
NEW AID PACKAGE SEEN FOR MEXICO
(Ap) |
While some U.S. banks may be reluctant to participate in a package of $6 billion in new loans to Me
Maritime
US-JAPAN TRADE WAR SEEN
(Ap) |
The United States and Japan face a head-on collision over trade unless each nation changes its funda
Maritime
TURKEY TO GET 3RD ZONE BECHTEL INKS ACCORD FOR YUMURTALIK PROJECT
Nick Terdre |
San Francisco-based Bechtel Group Inc. signed a protocol with the Turkish government to set up the c
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSKnight-Ridder Inc. agreed to acquire the State-Record Co., a South Carolina news
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
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
KUWAIT TO SELL ITS GASOLINE TO UK DRIVERS
Bruce Barnard |
Kuwait will be the first member of the Organization of Petroleum Exporting Countries to sell gasolin
RI MEDICAL JUA SEEKS RATE HIKE 9 SMALL HOSPITALS MAY FACE 68 PERCENT INCREASE IN PREMIUMS
TOM McNIFF Jr. |
The Rhode Island Medical Malpractice Joint Underwriting Association wants state approval for an aver
NUCLEAR ACCIDENT TREATY IN EFFECT, UN AGENCY SAYS
(Ap) |
A 58-country treaty calling on nations to report nuclear accidents to their neighbors went into effe
NY DIRECTOR SEES LOWER LABOR COSTS
Edwin Unsworth |
The director of the Port Authority of New York and New Jersey predicts the current International Lon
Maritime
SAUDI ARABIA OFFERS DISCOUNTS SOURCES SAY PRICE CUTS OFFERED ON NET-BACK DEALS
Knight-Ridder Financial |
Saudi Arabia has offered discounts of 35 cents to 50 cents a barrel on outstanding net-back contract
COST OF CREDIT
JOC Staff |
Tuesday, October 28, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
APPEALS PROCEDURE UNDER WAY IN FLORIDA
Alan Herbert |
The appeals procedure has begun in Florida as the insurance industry continues its attempts to overt
BRAZIL ACCEPTS USED GOODS INVESTORS EXPECT TO BENEFIT FROM MARKET OPENING
James Bruce |
Several Brazilian industries plan to take advantage of the country's recent lift of a ban on importi
Maritime
BANKS FEEL URGE TO MERGE
John Davies |
Bankers, like players in the World Series, face growing pressure to either try to hit a home run and
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
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
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