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AMERICAN RE MOVING TO NJ
Journal of Commerce Staff |
American Re-Insurance Corp. is moving its headquarters to Princeton, N.J., after 58 years in New Yor
NEW SELF-INSURANCE PROGRAM UNVEILED
Journal of Commerce Staff |
American International Group Inc. and Salomon Brothers Inc. said they are joining together to offer
MARITIME BRIEFS
From Wire and Staff Reports |
Sea-Barge Becomes A Member of NMCSea-Barge Group Inc. joined the National Maritime Council,
Maritime
FRANCE WORKS TO SHAPE NEW PACT WITH SOVIETS
Phil Reavis |
The French merchant marine again is seeking to boost its share of seaborne trade between France and
Maritime
Y.S. LINE TO ACCELERATE RATIONALIZATION
A.E. Cullison |
Japan's financially ailing Yamashita-Shinnihon Steamship Co., one of the country's six largest shipp
Maritime
CANADIAN PACIFIC DOCKERS REPORTED IN STRIKE STANCE
Knight-Ridder Financial |
As many as 3,300 Canadian west coast longshoremen will be in a legal strike position as of today, i
Maritime
CCT OVERSEAS ROUTES UNLIKELY TO CHANGE
Craig Dunlap |
Crowley Maritime Corp. does not foresee making any changes in the overseas markets served by Coordi
Maritime
JAPANESE CONFERENCES POSTPONE SURCHARGE
Journal of Commerce Staff |
Two Japanese ocean rate-making conferences voted to postpone until after Sept. 30 the implementation
Maritime
MD. DROPS PUSH FOR CREDIT DEAL CORPS OF ENGINEERS AGREES TO EXPEDITE CANAL DREDGING
Journal of Commerce Special |
Maryland has withdrawn its bid for legislation that would reimburse the state $58 million for the co
Maritime
WARSHIP HAS NEW MISSILE SYSTEM
Journal of Commerce Special |
The first U.S. Navy warship to be armed with the new MK41 Vertical Launching (missile) System, the U
Maritime
HERSHEY TO ACQUIRE LUDEN'S, QUEEN ANNE
Journal of Commerce Special |
Hershey Foods Corp. and Dietrich Corp. announced that they have entered into a purchase and sale ag
BAHAMIAN CARGO VESSEL TO BE SOLD
Journal of Commerce Staff |
The Bahamian-flag cargo vessel Cariwood Lillian, idled and apparently abandoned in the port of New Y
Maritime
ARGENTINA COULD BECOME TOUGHER US COMPETITOR
(Ap) |
Argentina, the U.S. farmer's biggest export competitor, has the potential for increasing its foreign
COMMODITY BRIEFS
From Wire and Staff Reports |
6ndia Cuts Excise Tax On Additional SugarNEW DELHI- The excise tax on additional sugar produ
BRAZILIAN COFFEE OUTPUT SEEN RECOVERING BY '88-89
Knight-Ridder Financial |
Brazil's coffee output is expected to rise to 30 million bags to 35 million bags(a bag equals 60 kil
BRAZIL ADMITS IT IMPORTS COFFEE
Knight-Ridder Financial |
Brazil is buying coffee on the London futures market with the intention of taking delivery to stabil
FARM BILL CRITICIZED
JOC Staff |
Higher prices for agricultural products, not increased exports, will solve the country's farm proble
AUSTRALIA FACES CUTS IN US SUGAR QUOTAS
Knight-Ridder Financial |
The Australian sugar industry is in danger of suffering a substantial cut, or even total loss, of it
COLLISION SHUTS DOWN WATERWAY
Gary Taylor |
The U.S. Coast Guard closed the Houston Ship Channel for six hours Monday morning after an accident
Maritime
SINGAPORE ALTERS PILOTAGE SYSTEM SHIPPING AGENTS ASKED TO TELEX REQUIREMENTS BEGINNING OCT. 1
P.T. Bangsberg |
In a move to improve efficiency, the Port of Singapore Authority is asking shipping agents to notify
Maritime
SWISS OFFER FORMULA TO STOP GATT ROW
Felix Dearden |
Switzerland plans to float a formula today that is designed to resolve the deadlock over the inclusi
RULING DUE ON YARD REORGANIZATION
Journal of Commerce Special |
A lawyer for Newport Offshore Ltd. said there is a good chance the troubled Newport, R.I., shipyard
Maritime
VISITS OF STATE
From Wire and Staff Reports |
Sri Lankans in Seoul COLOMBO, Sri Lanka - A government-sponsored trade mission will leave fo
Maritime
FIRST INDIAN NAMED S. AFRICAN ENVOY
(Ap) |
Law professor Bhadra Galu Ranchod has been appointed ambassador to the European Community, the Forei
Maritime
PRODUCERS HIKE QUARTERLY PROFITS
(Ap) |
After-tax profit of U.S. manufacturers rose to an average of 4.7 percent of sales in the second quar
WORLD TODAY
From Wire and Staff Reports |
Baldrige Denies Leaks WASHINGTON - Commerce Secretary Malcolm Baldrige said there are no doc
VISA MOVE BY FRANCE CAUSES STIR
A Staff Report |
It was nearly impossible to get through to a French Consulate in the United States as panicked U.S.
PEOPLE UNDER TEXAS AIR WING
Kevin D. Thompson |
Financially plagued People Express will become a subsidiary of Texas Air Corp. in what could eventu
TACOMA BOATBUILDING PLAYING BEAT THE CLOCK
Gloria Joseph |
Tacoma Boatbuilding Co. is playing beat the clock as it tries to emerge from Chapter 11 bankruptcy p
PRUDENTIAL LINES GETS PUSHED INTO CHAPTER 11
Gregory S. Johnson |
Prudential Lines was forced into involuntary bankruptcy, marking yet another turn in the odyssey of
REAGAN AIDE LAUDS NEWEST TRADE BILL
Helen Ericson |
The future of an omnibus trade law reform bill brightened as the Reagan administration began work wi
UTILITIES TO SEEK COAL BIDS
Andrea Chancellor |
Several major utilities will be asking coal suppliers in the coming weeks to submit bids for 1987.
DOLLAR STEADIES AFTER DROP, NO CLEAR TREND DISCERNIBLE
Knight-Ridder Financial |
The U.S. dollar steadied around midday Monday after declining moderately during the morning against
LOWER MARGINS THREATEN OIL EARNINGS
Sam Glasser |
Earnings of the major international oil companies are expected to decline in the third quarter as s
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Economists Forecast Slower 1986 GrowthU.S. economic growth this year will ease to a "sluggis
CALM RETURNS TO MARKETS
Gordon Platt |
The financial markets regained some composure Monday following last week's record debacle. S
COST OF CREDIT
JOC Staff |
Monday, September 15, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU
PLASTICS CORNER
Journal of Commerce Staff |
Himont USA Raises PricesOf PolymersHimont U.S.A. Inc. is raising its price of copoly
ARGENTINA REDUCES GRAIN EXPORT TAXES
Jeremy Morgan |
The Argentine government lowered export taxes on several types of grains in a partial response to pr
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