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TRAFFIC BRIEFS
Wire and Staff Reports |
Conrail Freight Line To Be Revamped in NJThe Port Authority of New York & New Jersey has agr
SEABOARD TO ELIMINATE NORTH CAROLINA FACILITY
Journal of Commerce Staff |
Seaboard System Railroad Inc. can go ahead with plans to eliminate its interchange at Lincolnton, N.
ICI AGREES TO ACQUIRE GLIDDEN FROM HANSON
Journal of Commerce Staff |
Imperial Chemical Industries PLC agreed to acquire from Hanson Industries - the U.S. arm of Hanson T
TEXAS GAS (UK) PLANS TAKEOVER AS 1ST STEP, ACQUIRES 76.8 PERCENT SHARE IN INDUSTRIAL SCOTLAND ENERGY
Simon Cameron-Moore |
Texas Gas Exploration (U.K.) Corp. paid out 15.7 million (US$23.4 million) for 76.8 percent of Indu
MAINE PUC CHAIRMAN DEFIES LABEL
Journal of Commerce Special |
Peter Bradford, chairman of the Maine Public Utility Commission, whom Gov. Mario M. Cuomo is expecte
STATE COMMISSIONS EYE UTILITY PROFIT MARGINS
Andrew Cassel |
The steady drop in the cost of money soon may translate into dropping utility bills for customers in
IMF: PERU INELIGIBLE FOR LOANS AGENCY CITES FAILURE TO SETTLE ARREARAGE AS REASON FOR CUTOFF
Journal of Commerce Staff |
The International Monetary Fund formally declared Peru ineligible for further IMF loans until Peru s
ILA TALKS BREAK OFF, WILL RESUME TODAY
Alan F. Schoedel |
Contract talks between the New York and Boston shipping associations and the International Longshore
LITIGATION AGAINST CLERGY BOOSTS NEED FOR INSURANCE
James Nolan |
A volunteer church bookkeeper confessed to a priest that she had embezzled $28,000 from the church.
DISCOUNT RATE CUT LIKELY NEXT MONTH
RIPLEY WATSON Jr. |
Credit market analysts are growing more and more certain that the Federal Reserve Board will cut the
INSURERS DEBATE GULF RATES
Simon Cameron-Moore |
Negotiations among the marine underwriters of Lloyd's of London to agree on war-risk premiums for ve
Maritime
EARNINGS DECLINE AT ROYAL NEDLLOYD
Simon Cameron-Moore |
The Royal Nedlloyd Group reported earnings of 21.7 million guilders ($6.3 million) for the first six
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Lumber Output Rises As Orders DeclinePORTLAND, Ore. - Lumber production increased, but order
Maritime
COFFEE MARKET BOTTOM APPEARS TO BE FORMING
Stan Willis |
The world coffee futures market appears to be in the process of forming a bottom, analysts told Knig
MARITIME BRIEFS
Wire and Staff Reports |
Cleveland-Cliffs Seeks To Scrap Cargo VesselThe Cleveland-Cliffs Steamship Co., Cleveland, O
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALThe credit markets expect another Federal Reserve discount rate cut in September, b
Maritime
BUYERS STILL SOUGHT FOR TRANSAMERICA
Mark Lyon |
Transamerica Corp. continues to search for a buyer for its Oakland, Calif.- based Transamerica Airli
OWENS-CORNING TO SELL CHR UNIT
Journal of Commerce Staff |
Owens-Corning Fiberglas Corp. agreed to sell the CHR Industries unit of its Aerospace and Strategic
DANES SEE 1ST SURPLUS IN 12 YEARS
(Ap) |
A finance bill proposal for 1987 presented by the government forecast the first Danish state budget
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
Thailand Exports Of Rice IncreaseBANGKOK, Thailand - Thailand exported 2.9 million tons of r
JAPAN URGED TO REVAMP ECONOMIC STRUCTURE
A.E. Cullison |
Japan should overhaul its economic structure to put it more in tune with the global economy, a gover
Maritime
HOUSE SINKS PLAN TO MOVE NAVY PROGRAM
Journal of Commerce Staff |
The House of Representatives defeated an amendment that would have transferred the Navy's aircraft c
Maritime
BANK OFFICIAL JAILED FOR FRAUD HONG KONG OTB'S MANAGER GETS THREE-YEAR SENTENCE
P.T. Bangsberg |
The former general manager of failed Overseas Trust Bank Ltd. was jailed for three years for his par
Maritime
INSIDE TALK: ON TRANSPORTATION
Dave Cawthorne |
RAIL SPLIT: The Burlington Northern must sell a half interest in its lines serving Montana's coal ri
CUSTOMS, DRUG AGENTS JOIN FORCES
(Ap) |
U.S. Customs Service inspectors and federal drug agents will join forces at the world's busiest bord
Maritime
RIGHTS-OF-WAY PLAN UNVEILED
Journal of Commerce Staff |
The Interstate Commerce Commission is considering setting procedures for railroads and public intere
DEREGULATION: PLAYING BY NEW RULES
Brian Lewis |
Americans and Canadians who produce, distribute and use natural gas were told here this week that th
US URGED TO GIVE MORE AID TO S. PACIFIC ISLAND NATIONS
(Ap) |
The United States is helping the Soviets gain influence in the South Pacific by giving insignificant
Maritime
WHOLESALE PRICES SLIDE
(Ap) |
Japanese wholesale prices dropped 10.7 percent in July from a year before, reflecting cheaper import
Maritime
COST OF CREDIT
JOC Staff |
Friday, August 15,1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU.K.G
WEEK AHEAD
Wire and Staff Reports |
Congress Begins Recess WASHINGTON - Official government business in the nation's capital is
ANDEAN LINE SERVICE TO LINK EUROPE, US, CENTRAL AMERICA
Mark Magnier |
Andean Line Inc., a newly formed liner operation, is starting a 21-day service between Europe, the U
Maritime
COCOA OFFICIAL SEES 54,000-TON SURPLUS
JOC Staff |
The world cocoa market should see a surplus of supply over demand of 54,000 metric tons in 1985/86 c
BANK BAILOUT A TREND SETTER? FDIC INTERVENTION SAVES FAILING OKLAHOMA FIRM
Linda Stern |
The Federal Deposit Insurance Corp.'s innovative bailout of the Bank of Oklahoma, Oklahoma City, N.A
NEW TABLES TAKE A LOOK AT TRUCKING
Leo Abruzzese |
A comprehensive look at the second quarter financial performance of the trucking industry's largest
FINANCIAL BRIEFS
Wire and Staff Reports |
Venezuela to Readopt Cash Payment PlanCARACAS, Venezuela - The government will readopt a cas
DEVELOPERS EYE NY SITE FOR PLANT COMPANIES PROPOSE CONVERSION OF ABANDONED PLANT TO COAL
Journal of Commerce Special |
The site of an abandoned Allied Chemical Co. power plant in Syracuse is being eyed by two developers
JAPAN WINS LNG SHIP CONTRACT
Vincent W. Stove |
A contract has been awarded for the construction of the first three of a fleet of seven ships to tr
Maritime
CURRENCY RESERVES PEAK IN JAPAN
A.E. Cullison |
Japan's foreign exchange reserves skyrocketed to an all-time high of $42.2 billion by the end of Dec
Maritime
REBOUND FORECAST FOR JAPAN
A.E. Cullison |
Japan's depressed economy will bottom out around the end of this year or early 1988 if the governmen
Maritime
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