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ENERGY BRIEFS
From Wire and Staff Reports |
NY Approves Reopening Of Allied Power PlantALBANY, N.Y. - Hydro Co. and Babcock & Wilcox Inc
JAMAICA TO TRIPLE ETHANOL OUTPUT
Canute James |
Jamaica is tripling its ethanol refining capacity in an attempt to get a bigger share of the U.S. ma
OIL RIG WORKERS TO GET JOBS BACK
(Ap) |
The owners of the country's largest offshore oil and gas rig said they would reinstate more than 300
DROP IN US PASSEN GERS REROUTES GREE K LINERS
(Ap) |
The sleek, white luxury liners that once cruised the Mediterranean packed with big-spending American
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
Australian Exports Of Wheat Seen FallingAustralian wheat exports are forecast to total 14.5
INSIDE TALK: ON INSURANCE
James Nolan |
CLOSING IN ON THE CLOSED CLAIMS FILES. We once heard Hank Greenberg, head of American Intern
WTC OPTIMISTIC ON REORGANIZATION
Larry Sterne |
WTC Air Freight North America has made some sweeping changes in its management structure as part of
HIGH-TECHNOLOGY FIRMS FOCUS ON APPLICATIONS
(Ap) |
Even though the goal of creating machines that think remains somewhere off in the 21st century, arti
Maritime
FARM EXPORT VALUES SEEN AT LOWEST LEVEL IN 10 YEARS
(Ap) |
Exports of U.S. farm commodities this year may total only $26.5 billion, the lowest value in nearly
COAL BARGING P ROVED A POINT
Andrea Chancellor |
Virginia Power's one-year test of transporting coal by barge worked. Railroads have lowered their ra
ARGENTINE OUTPUT BELOW '85 LEVELS
Journal of Commerce Special |
Argentina's hydrocarbons output rose in July compared with the previous month but still lagged behin
FAA ALLOCATES AIRPORT FUNDS
Journal of Commerce Staff |
The Federal Aviation Administration allocated close to $247 million toairports during the se
FAA DIRECTED TO ACT ON SECURITY PROPOSALS
Journal of Commerce Staff |
Transportation Secretary Elizabeth Hanford Dole directed the Federal Aviation Administration to act
CHINA MAKES INROADS ON POVERTY
(Ap) |
Sixty million people in China have an annual income lower than the government poverty line of 150 yu
Maritime
PLASTICS CORNER
Journal of Commerce Staff |
Teknor Apex Unveils LineOf CompoundsA new series of specially formulated polyvinyl c
US CAR OUTPUT UP THIS WEEK
(Ap) |
U.S. automakers scheduled the assembly of 135,374 cars in domestic factories this week, Ward's Autom
FISH ARE BITING DOWN AT THE POND
Robert Davis |
A 2,000-acre lake used by Commonwealth Edison Co. as a cooling pond for its LaSalle Nuclear Generati
NINE MILE POINT 2 AWAITS APPROVAL FOR FUEL LOADING
(Ap) |
The loading of nuclear fuel into the Nine Mile Point 2 power plant, pushed back several times this y
VIETNAMESE-SOVIET VENTURE OPENS THIRD DRILLING RIG
(Ap) |
A Vietnamese-Soviet joint venture opened a third oil rig off the southern Vietnamese coast, the offi
NORWAY'S DOLPHIN OPTIMISTIC
Journal of Commerce Special |
The future looks pretty bleak for Dolphin A/S at the moment, but the Norwegian offshore oil drilling
TAX BILL GETS HIGH MARKS, BUT LOOPHOLES CRITICIZED
(Ap) |
A private analyst who specializes in agriculture gives Congress high marks for the new tax overhaul
TAIWAN WARNED ON TRADE SURPLUS
P.T. Bangsberg |
Faster progress must be made by Taiwan in reducing its towering trade surplus with the United States
Maritime
JAPANESE HELD WILLING TO INVEST IN ASIA
JOC Staff |
Former Japanese Foreign Minister Shintaro Abe said Japan will continue to improve access to its dome
Maritime
MEASLES EPIDEMIC ENDS IN NJ
(Ap) |
New Jersey's measles epidemic is over, but the 904 cases reported in the last 10 months is the highe
US SEEKS AIRPORT JOBS BUT JAPAN WON'T PROMISE OPEN BIDDING
A.E. Cullison |
Japan was pressed once again by a U.S. official Thursday to completely open bidding on construction
CONTRACT STAVES OFF YARD LAYOFFS
(Ap) |
A $22.7 million contract to overhaul the destroyer USS Fletcher wasawarded to the Long Beach Naval S
Maritime
BIG BANKS EXPECTED TO CUT RATES MORE
William R. Neikirk |
The Federal Reserve Board's fourth cut this year in the discount rate likelywill touch off another r
MIDWAY JOINS AIR CARGO INC.
Journal of Commerce Staff |
Air Cargo Inc. announced that Midway Airlines of Chicago has joined its nationwide air freight serv
AVIATION BRIEFS
Wire and Staff Reports |
Plans for Tokyo Service Remain BCAL PriorityBritish Caledonian Airways, the U.K.'s biggest i
GRACE, PANHANDLE PLAN JOINT DRILLING OPERATIONS
Journal of Commerce Staff |
W.R. Grace & Co., New York, and Panhandle Eastern Corp., Houston, agreed in principle to combine the
OUTLOOK FOR TRANSPORT INDUSTRY MIXED
Michael S. Lelyveld |
The outlook for U.S. transport industries appears uncertain while chances of a ''mini-recession" lat
BRITONS DOWNGRAD E WORLD OUTLOOK
Edwin Unsworth |
Britain's National Institute of Economic and Social Research downgraded its forecast of world econom
Maritime
US ELECTRONICS TRADE ASSESSED
Journal of Commerce Staff |
The United States sold more electronics products and services to Canada than to any other nation dur
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Thursday, August 21,1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU.K
CHERNOBYL'S AFTERMATH SOVIETS TO RECONSID ER SITING OF PLANTS
Albert Axebank |
The Soviet Union will have to reconsider the siting of atomic power plants near populated areas beca
VISTA CHEMICAL MERGES UNITS, REFINANCES DEBT
Journal of Commerce Staff |
Vista Chemical Co. completed refinancing and consolidating its outstanding bank debt with a revised
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Aug. 9, 1986, total piggyback freight hauled on the nation's major railroads equ
MONEY IN THE OCEAN TRADE AMERICAN PRESIDENT'S SEATON CHARTS EXPANSION, PROFIT
John Davies |
Q:You're spending $500 million on expansion when other shipping companies are taking losses and cutt
Maritime
GM SUPPORTS EXPANSION HEAVY-DUTY TRUCK INDUSTRY INVOLVEMENT TARGETED
Michael S. Lelyveld |
A General Motors Corp. official staunchly maintained that the company would try to expand, not reduc
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