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NEW CUT PREDICTED IN DISCOUNT RATE
Ellen Taylor |
The Federal Reserve will most likely cut the discount rate one-half percentage point to 5 percent by
RISK RETENTION BILL PASSES
Leah R. Young |
Legislation amending the Risk Retention Act should be signed into law by President Reagan, now that
CALIF. TRIAL LAWYERS DONATE TO BRADLEY CAMPAIGN
(Ap) |
Los Angeles Mayor Tom Bradley drew a $10,000 contribution from the California Trial Lawyers in his c
HOUSTON BARGE FIRE LIMITS CHANNEL ACCESS
Gary Taylor |
A total of 35 vessels were stranded Thursday while a stubborn barge fire limited access to the Houst
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA Helping Fight Fatal Livestock DiseaseThe Department of Agriculture is participating in
BUILDERS LEARN US TECHNIQUES BRITAIN'S SCHAL INTERNATIONAL PIONEERS MANAGEMENT SERVICE
Edwin Unsworth |
It's no secret that construction projects in Britain can run weeks, months and sometimes years longe
Maritime
GREEKS JOUST OVER AUSTERITY
Victor Walker |
The Greeks have received a formal government warning that they face at least another year of harsh
Maritime
INTERNATIONAL BRIEFS
from wire and staff reports |
Stanford Divests Stock In Diamond ShamrockSTANFORD, Calif. - Stanford University said it has
Maritime
BANGLADESH CHILDREN WORK TO LIVE
(Ap) |
Mohammad Alamgir strains at the pedals of his bicycle rickshaw, navigating the clogged streets of Da
Maritime
STATE ROLE IN INSPECTIONS QUESTIONED
TOM MCNIFF Jr. |
The Nuclear Regulatory Commission has taken an evolutionary step in giving Vermont officials limited
FERRO EXPECTS EARNINGS RISE
Journal of Commerce Staff |
Ferro Corp. expects to show strong gains in both sales and earnings for the third quarter ended Sept
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PRUDENTIAL INSURANCE MAKING PUSH INTO ASIA
P.T. Bangsberg |
Prudential Insurance Co. of America is embarking on a strong push into Asia with a new venture offer
QUIET STRUGGLE ENSUES OVER AGRICULTURAL GENETICS
(Ap) |
The development of a synthetic hormone that boosts a cow's annual milk output by as much as 28 perce
OCEAN SCORES BRIERLEY BID FOR TAKEOVER
Edwin Unsworth |
Ocean Transport and Trading Ltd., the shipping and distribution services group, sent letters to shar
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
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
ENERGY BRIEFS
From Wire and Staff Reports |
Amoco Buys Interest In Texas WellsAmoco Production Co. entered into a formal purchase and sa
CANADA'S TRADE BALANCE MOVES BACK INTO BLACK
(Ap) |
Canada had a C$437 million world trade surplus in August, a month after posting its first monthly de
Maritime
MEXICAN PRICES SPARK HYPER-INFLATION FEARS
WILLIAM A. ORME Jr. |
Mexico's consumer price index climbed 96 percent in the past 12 months, prompting warnings from inde
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALBank of Japan Governor Sumita said he can see no immediate need to lower the Japane
FINNISH BANK THRIVES IN NEW YORK MARKET
Gordon Platt |
Finland's largest commercial bank, Kansallis-Osake-Pankki, is making its presence felt in the U.S. m
NUCLEAR LIABILITY DEBATE DELAYED
Leah R. Young |
After months of wrangling among three House committees and as many interested parties in the Senate,
SOVIET SUGAR BEET HARVEST MAY BE AHEAD OF SCHEDULE
Knight-Ridder Financial |
The harvest of sugar beets in the U.S.S.R. may be running ahead of schedule in the west and north-ce
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LEADING INDEXES FAVORABLE FOR US
Journal of Commerce Staff |
Leading indexes compiled by the Center for International Business Cycle Research at Columbia Univers
COST OF CREDIT
JOC Staff |
Wednesday, October 8, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
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
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
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
AIR TRAFFIC CONTROLLER ERROR BLAMED FOR NEAR COLLISION
(Ap) |
Air traffic controller error has been tentatively blamed by the Federal Aviation Administration for
AVIATION BRIEFS
From Wire and Staff Reports |
Lufthansa to Operate Dulles, Frankfurt FlightLufthansa German Airlines will inaugurate non-s
AGENTS' COMPLAINTS CENTER ON SEVEN BANK ACTIVITIES
Journal of Commerce Staff |
The Federal Reserve Board has identified seven permissible insurance activities for national banks t
STEEL PROCESS LICENSED
Journal of Commerce Staff |
Mitsubishi Heavy Industries Ltd. of Tokyo has licensed a new continuous casting process for steel de
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Teamsters Members Vote Lettuce ContractSALINAS, Calif. - Members of the Teamsters union appr
Maritime
GATT SAYS NYET ON URUGUAY ROUND
Felix Dearden |
Members of the General Agreement on Tariffs and Trade rejected the Soviet Union's request to take pa
Maritime
BEST STILL MONITORED, NY REGULATOR SAYS
James Nolan |
The state insurance department said it has not dropped an inquiry it opened last month into the insu
ON THE MOVE
Staff Report |
BAX Names Robin WilsonAs PresidentIRVINE, CALIF. - Robin H.H. Wilson, former preside
PACIFIC SHIP RATES TO JUMP NEXT YEAR
Roger Schreffler |
The four conferences governing the trans-Pacific shipping markets announced general rate increases o
SUEZ SETS NEW TOLLS FOR 1987
(Ap) |
Suez Canal transit tolls for 1987 will be increased for small cargo vessels but will be reduced for
Maritime
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