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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
ENERGY BRIEFS
From Wire and Staff Reports |
Amoco Buys Interest In Texas WellsAmoco Production Co. entered into a formal purchase and sa
CUBA TO BUILD SUPERTANKER BASE
(Ap) |
Cuba signed contracts with Soviet and French companies to build a base capable of handling oil super
ATLANTIC, ULTRAMAR SET CLOSING DATE
Journal of Commerce Staff |
Atlantic Petroleum Corp., King of Prussia, Pa., and Ultramar Petroleum Inc., Monta vale, N.J., said
PETROLEUM STOCK LEVELS SEEN BULLISH FOR FUTURES
Knight-Ridder Financial |
Petroleum inventory levels, as reported by the American Petroleum Institute, were interpreted as neu
DISTILLATE FUEL SUPPLIES CONTINUE STRONG BUILDUP
Journal of Commerce Staff |
Supplies of distillate continued a strong buildup, according to the American Petroleum Institute's l
FLIGHT ATTENDANTS UNION SUES TWA
(Ap) |
A flight attendants union has filed a federal lawsuit against Trans World Airlines alleging the carr
DHL BID ADD TO DATA ON FAR EAST SURVEY
Juliana King |
DHL Airways Inc. must provide further information on its Far East market survey before submitting it
NON-UNION STEVEDORE RAPS HOUSTON OFFICIALS
Gary Taylor |
Controversial stevedore Hank Milam has accused port officials here of interfering with a $4,700 work
Maritime
AIR TRAFFIC CONTROLLER ERROR BLAMED FOR NEAR COLLISION
(Ap) |
Air traffic controller error has been tentatively blamed by the Federal Aviation Administration for
MERGER PRESSURES MOUNT PEOPLE EXPRESS PUSHES FOR NOD ON TEXAS AIR DEAL
Tim Neale |
The key players involved in the pending acquisition of People Express Inc. by Texas Air Corp. are sc
FBI PROBES COVER-UP CHARGES
(Ap) |
The FBI is investigating allegations that the Federal Aviation Administration softened a 1984 safety
TRANSPORT CALENDAR
JOC Staff |
Haz Mat Trans Expo and Safety Conference, on handling and transporting hazardous material. Oct. 1-3.
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