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CONGRESS FAILS TO AGREE ON 1987 FARM SPENDING
Knight-Ridder Financial |
Despite a series of closed-door staff meetings, U.S. House and Senate conferees are finding trouble
NEW BRUNSWICK PORT GAINS LOCAL CONTROL
Journal of Commerce Special |
The Canadian federal government granted local port corporation status to Saint John, making it the s
Maritime
MSC AWARDS PACT FOR SHIP BERTH
Journal of Commerce Staff |
The Navy's Military Sealift Command contracted with Diversified Group Inc. of Houston to set up a be
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
S. African Firm Reports Higher Gold OutputGold Fields of South Africa Ltd. reported higher g
SHIPBUILDERS CHIEF SLAMS REAGAN TEAM ON SUBSIDY
Journal of Commerce Staff |
The Reagan administration policy against maritime industry subsidies is having disastrous consequenc
Maritime
LINES SEEK TO JOIN US-INDIA CONFERENCE
Journal of Commerce Special |
Some major non-conference operators are lobbying for entry into the conference fold having realized
Maritime
ILA PICKETING RESTRICTIONS LIFTED AT PORT EVERGLADES
Journal of Commerce Staff |
An injunction limiting where longshoremen can picket at Port Everglades has been lifted, but Crowley
Maritime
PORTS STILL HOPE TO LURE CROWLEY MIAMI, NEW ORLEANS WORK TO WIN BACK THE NEW CCT
Craig Dunlap |
Neither Miami nor New Orleans have given up on Crowley Caribbean Transport, but the International L
Maritime
MARAD UPDATES GUIDE ON ASSESSING PORT WORTH
Journal of Commerce Staff |
The Maritime Administration revised and updated its Port Economic Impact Kit to include automated ap
Maritime
OCEAN SCORES BRIERLEY BID FOR TAKEOVER
Edwin Unsworth |
Ocean Transport and Trading Ltd., the shipping and distribution services group, sent letters to shar
Maritime
MOSS POINT WINS ARMY CONTRACT
Journal of Commerce Staff |
The Navy's Military Sealift Command awarded a $40,797,358 contract to Moss Point Marine of Escawtapa
Maritime
PRUDENTIAL PROCEEDINGS ON CHAPTER 11 ON HOLD
Gregory S. Johnson |
Prudential Lines said it has not yet responded to an involuntary Chapter 11 bankruptcy petition and
Maritime
MERSEY DOCKS PROFIT FALLS IN HALF-YEAR
Journal of Commerce Staff |
Mersey Docks and Harbour Co., which operates the port of Liverpool, reported a pretax profit of 1.0
Maritime
CRUISE SHIP BILL WINS HOUSE NOD PLAN WOULD ALLOW FOREIGN-BUILT SHIPS INTO COASTAL TRADES
Juliana King |
The House approved legislation to allow U.S. cruise lines to use foreign- built ships in coastal tra
Maritime
BCL WON'T CREATE NON-ILA TERMINAL
Mark Magnier |
Bermuda Container Line has lost its bid to set up a non-International Longshoremen's Association ter
Maritime
SHIP CHANNEL IN HOUSTON STAYS CLOSED
Journal of Commerce Special |
The Houston Ship Channel remained closed for a second day Wednesday while firefighters continued the
Maritime
JAPAN REFUSES TO CUT DISCOUNT RATE
A.E. Cullison |
Bank of Japan Governor Satoshi Sumita said authorities of the Japanese central bank see no immediate
SEATTLE HAS APL THINKING BIG
Gloria Joseph |
Non-Panamax vessels - the kind that are too large to get through the Panama Canal - for the first ti
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
TRANSPORT INDEX NEARS RECORD
Gordon Platt |
The Dow Jones transportation index rose 10.00 points to 828.13 Wednesday, nearing its record close o
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
INDONESIAN TIN FIRM TO BOOST PRODUCTION
P.T. Bangsberg |
The state-owned tin company of Indonesia plans to raise output sharply this year to 27,000 tons desp
LEADING INDEXES FAVORABLE FOR US
Journal of Commerce Staff |
Leading indexes compiled by the Center for International Business Cycle Research at Columbia Univers
FINANCIAL BRIEFS
From Wire and Staff Reports |
BankAmerica Merger Could Mean Big LayoffsThe proposed merger of BankAmerica Corp. and First
COST OF CREDIT
JOC Staff |
Wednesday, October 8, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PLASTICS CORNER CANADIAN SHIPMENTS INCREASE
Journal of Commerce Staff |
Canada's plastics fabricators shipped $8.7 billion worth of products in 1985, an increase of 11.4 pe
NUCLEAR PLANT STARTS IN W. GERMANY
(Ap) |
Anti-nuclear protesters blocked roads and disrupted traffic to protest the start-up of West Germany'
GRACE CUTS CORPORATE STAFF IN RESTRUCTURING MOVE
(Ap) |
W.R. Grace & Co. said it cut 164 jobs in its corporate staff, a reduction of about 25 percent.
POWER LINE FACES DELAY OBJECTIONS COULD FORCE CONTRACT RENEGOTIATIONS
TOM McNIFF Jr. |
New England Hydro-Transmission Corp. says the New Hampshire attorney general has raised moot" financ
OFF-SITE POWER TESTS TO RESUME AT HOPE CREEK
(Ap) |
The Hope Creek nuclear power plant suspended start-up operations since Sept. 11 because of testing p
CHIRON, CIBA-GEIGY PLAN JOINT VENTURE
(Ap) |
Chiron Corp. plans to form an equally owned joint venture with Ciba-Geigy Ltd., the world's fifth la
UK OFFICIAL SUPPORTS NUCLEAR ENERGY
(Ap) |
Peter Walker, U.K. energy secretary, told the Conservative Party's annual conference the government
HONG KONG TOYS WITH JAPANESE
P.T. Bangsberg |
Hong Kong's local toy industry, the world's leading exporter of toys, has set an ambitious goal to c
Maritime
AIR PRODUCTS ACQUIRES LICENSE
Journal of Commerce Staff |
Air Products and Chemicals Inc. and Wacker-Chemie GmbH of West Germany signed a new technology licen
ENERGY BRIEFS
From Wire and Staff Reports |
Governor Plans Action Against Seabrook TestsMassachusetts Gov. Michael Dukakis says the stat
UNION TEXAS PETROLEUM ACQUIRES PROCESSING PLANT
Journal of Commerce Staff |
Union Texas Petroleum said it purchased a natural gas processing plant in central Texas from El Paso
KUWAIT BLOCKS OPEC ACCORD MAJORITY OF OIL MINISTERS FAVOR EXTENSION OF CUTS
Bruce Barnard |
Kuwait is standing in the way of agreement by the Organization of Petroleum Exporting Countries to e
SUDAN DISENCHANTS WEST
Howard Schissel |
Escalating warfare in oil-rich southern Sudan has dealt a near fatal blow to hopes of Western firms
CASH PRICES FIRM IN NEW YORK HARBOR
Knight-Ridder Financial |
Cash petroleum prices gained in the New York harbor area this week, followinggains in the fu
ENGLEHARD TO BUILD PLANTS FOR MAKING OF CATALYSTS
Journal of Commerce Staff |
Englehard Corp., Edison, N.J., said it will construct plants in Western Europe and Canada to manufac
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