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OIL RISE BULLISH FOR STOCKS
Gordon Platt |
Rising oil prices and prospects for lower interest rates could provide the proper environment for th
SUIT SEEKS TO BLOCK MERGER OF MM&P PLANS
Chris Dupin |
A group of 10 active and retired members of the International Organization of Masters, Mates and Pil
Maritime
'FANTASTIC' AMERICAN IDEA
Bill Mongelluzzo |
All-water shipping services from Asia to the U.S. East Coast will find it increasingly difficult to
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
British Airways Orders 16 747s From BoeingBritish Airways has ordered 16 advanced 747s, with
DELIVERED PRICES FLUCTUATE
Andrea Chancellor |
Delivered coal prices continue to fluctuate amid talk that a recent decision by the Organization of
OIL PRICES MOVE HIGHER ON NW EUROPEAN MART
Journal of Commerce Staff |
Oil prices crept higher throughout last week on the northwest European market in response to Iraq's
ENERGY BRIEFS
Wire and Staff Reports |
Companies Increase Postings for WTIAmoco Oil Co. raised its posted buying price for West Tex
SOVIETS, CUBANS DIVIDED ON DEBT
(Ap) |
A former Cuban official says Havana and Moscow disagree strongly over how to deal with the Caribbean
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ONTARIO WEIGHS MALL INCENTIVES
(Ap) |
In what could prove a blow to those hoping to attract a mall and amusement park to Niagara Falls, N.
Maritime
'MADE IN U.S.A.' LOGO BOOSTS CATALOG SALES 10 PERCENT
Journal of Commerce Staff |
Catalog sales increased 10 percent when advertised items carried a "Made in U.S.A." logo, compared w
Maritime
COURT ASKED TO DISMISS CHALLENGE BY NMU
Robert F. Morison |
The Justice Department asked U.S. District Court here to dismiss a challenge by the National Maritim
Maritime
GERMAN POLICE PROBE TAMIL JOURNEY
(Ap) |
Sri Lankan refugees in West Germany are closing ranks and insisting they know nothing about a scheme
Maritime
RAIL LABOR URGED TO SETTLE PANEL BIDS UNIONS ACCEPT 6.5 PERCENT WAGE HIKE
Juliana King |
The members of the six rail unions currently working under expired contracts should accept a 6.5 per
BRAZIL SPENDS TO RAISE GRAIN OUTPUT
James Bruce |
A new three-year program to channel as much as $11 billion into agricultural production is designed
NORTHWEST PIPELINE SUSPENDS GAS DELIVERY
(Ap) |
Northwest Pipeline Corp. suspended delivery of transport or spot-market gas to seven utilities servi
ENERGY BRIEFS
Wire and Staff Reports |
Triton, Worldwide Sign Merger AgreementTriton Energy Corp. and Worldwide Energy Corp. execut
GAS SUPPLIES SEEN AMPLE
Brian Lewis |
Natural gas supplies will be able to meet future U.S. requirements, George H. Lawrence, president of
HOLIDAY SLOWS TRADING, SO DOLLAR INCHES UP
Knight-Ridder Financial |
The U.S. dollar inched higher Friday in trading that was extremely lightbecause much of Euro
LONG ROAD TO CONVERSION
Tom Mcniff Jr. |
Union Mutual Life Insurance Co. policyholders will vote in late October on a plan to convert the fir
INDIA PLANS TO BOOST SOFTWARE EXPORTS
Trevor Drieberg |
Exporters of computer software from India will receive all tax benefits applicable to other exports
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
Orion Plans Block Sale Of Share in Colo. FirmOrion Capital Corp. said it decided to sell its
CHARTER INDEX
JOC Staff |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
Maritime
SMALL FIRMS FEEL LIABILITY CRUNCH
C.A. Carpenter |
For small business advocate Michael Rochford, the New York insurance department's hot line to locate
TRANSPORT EARNINGS
JOC Staff |
KLM Marks Decline in Net Income AMSTERDAM - KLM Royal Dutch Airlines said fiscal first quart
UNION CARBIDE ADDITIVE IMPROVES FIRE SAFETY
Journal of Commerce Staff |
Union Carbide Corp. announced the development of Ucarsil FR additives, new products to be used in fo
HUNGARY LOSING RICH-KID STATUS
(Ap) |
Economic problems piling up over the years have begun to cloud Hungary's image as the consumer parad
Maritime
HOT LINE LINKS AIR CONTROLLERS
Journal of Commerce Staff |
A direct 24-hour telephone hot line connecting civil air traffic controllers in Anchorage, Alaska, T
Maritime
PROSPECTS REMAIN GLOOMY FOR SOYBEAN PRODUCERS
(Ap) |
For month after month the Agriculture Department has published figures showing gloomy prospects for
TODAY'S NEWS SUMMARY
JOC Staff |
FINANCIALThe credit markets expect another Federal Reserve discount rate cut in September, b
CANADA FORESEES RECORD GRAIN HARVEST
Journal of Commerce Special |
Crop analysts are predicting a record western Canadian grain harvest this fall. It will occu
INSURANCE INDUSTRY LAMBASTED BY PUBLIC RELATIONS OFFICIAL
(Ap) |
A Philadelphia public relations executive has faulted the increasingly criticized insurance industry
SHOEMAKERS GAIN FOOTHOLD IN INDIA
Journal of Commerce Special |
Several internationally known manufacturers of leather footwear are set to establish joint ventures
Maritime
NEWSPAPER SUES LOS ANGELES PORT
Bill Mongelluzzo |
A Southern California newspaper filed suit against the Port of Los Angeles charging the port is with
Maritime
FARM CREDIT OFFICIALS PROJECT CONTINUED LOSSES
(Ap) |
The Farm Credit System, the nation's largest farm lender, will lose up to $1.8 billion this year and
ON THE MOVE.
Staff Report |
ACL Realigns As ExecutivesAssume PostsFour executives of Atlantic Container Line rec
VISITS OF STATE
om Wire and Staff Reports |
Libyan Visit Planned AMSTERDAM, Netherlands - Surinamese leader Desi Bouterse is planning a
Maritime
TIME RUNNING OUT FOR ACID RAIN BILL?
(Ap) |
Environmentalists, thwarted by Republican delaying tactics, say time is running out on their effort
BRAZIL TRADE SURPLUS CUT
James Bruce |
Brazil recorded a July trade surplus of $1,013 million, its lowest since February as agricultural an
Maritime
MEXICO CITY TAXI FARES SOAR WITH FUEL PRICES
(Ap) |
Taxi fares rose 45 percent in Mexico City in the first ripple from the recent increase of up to 48 p
Maritime
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