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WEST COAST BRIEFS
Wire and Staff Reports |
Crown Forest Shifts<br><br> Marine OperationsVANCOUVER, British Columbia - Crown Forest Industries,
Maritime
FOREIGN HEADLINES
Wire and Staff Reports |
Overseas Borrowings<br><br> SEOUL, South Korea - South Korea's government has ordered the country's
Maritime
VISITS OF STATE
JOC Team |
Invitation Accepted<br><br> THE HAGUE, Netherlands - Dutch Premier Ruud Lubbers has accepted an invi
Maritime
PORTLAND STUDY BACKS CHANGE
Journal of Commerce Special |
The port's Terminal 1 should be converted into a public facility for use by cruise and tour boats, a
Maritime
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
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
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
HOUSTON DEAL RAISES QUESTIONS
GARY TAYLOR |
Port officials began totaling costs of their wildcat-caging subcontractafter completion of the work.
Maritime
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
CANADA FORESEES RECORD GRAIN HARVEST
Journal of Commerce Special |
Crop analysts are predicting a record western Canadian grain harvest this fall.<br><br> It will occu
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
ILA TALKS BREAK OFF, WILL RESUME TODAY
ALAN F. SCHOEDEL |
Contract talks between the New York and Boston shipping associations and the International Longshore
SEA-LAND POSTED $49 MILLION LOSS IN 2ND QUARTER
MARK MAGNIER |
Sea-Land Corp. had a loss of about $49 million in the second quarter of 1986, compared with net inco
FOREIGN TRUCK MAKERS ADVANCE IN US MARKET
MICHAEL S. LELYVELD |
Volvo GM Heavy Truck Corp., the new joint venture of General Motors Corp. and VolvoTruck Corp. of Sw
PROSPECTS REMAIN GLOOMY FOR SOYBEAN PRODUCERS
(AP) |
For month after month the Agriculture Department has published figures showing gloomy prospects for
WEEK AHEAD
Wire and Staff Reports |
Congress Begins Recess<br><br> WASHINGTON - Official government business in the nation's capital is
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
TODAY'S NEWS SUMMARY
JOC Team |
FINANCIAL<br><br>The credit markets expect another Federal Reserve discount rate cut in September, b
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
ON THE MOVE.
Staff Report |
ACL Realigns<br><br> As ExecutivesAssume Posts<br><br>Four executives of Atlantic Container Line rec
JAPAN TO ORBIT WITH US, EC, CANADA
A.E. CULLISON |
Japan agreed to take part in Washington's planned joint manned space platform project with the Unite
GERMAN POLICE PROBE TAMIL JOURNEY
(AP) |
Sri Lankan refugees in West Germany are closing ranks and insisting they know nothing about a scheme
Maritime
CHARTER INDEX
JOC Team |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percent
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
COMMODITY BRIEFS
Wire and Staff Reports |
Thailand Exports<br><br> Of Rice IncreaseBANGKOK, Thailand - Thailand exported 2.9 million tons of r
MARITIME BRIEFS
Wire and Staff Reports |
Cleveland-Cliffs Seeks<br><br> To Scrap Cargo VesselThe Cleveland-Cliffs Steamship Co., Cleveland, O
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
COCOA OFFICIAL SEES 54,000-TON SURPLUS
JOC Team |
The world cocoa market should see a surplus of supply over demand of 54,000 metric tons in 1985/86 c
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
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
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
SHOEMAKERS GAIN FOOTHOLD IN INDIA
Journal of Commerce Special |
Several internationally known manufacturers of leather footwear are set to establish joint ventures
Maritime
INDIA PLANS TO BOOST SOFTWARE EXPORTS
TREVOR DRIEBERG |
Exporters of computer software from India will receive all tax benefits applicable to other exports
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Chinese Firm Seeks<br><br> Factory DirectorsThe Shenyang Automobile Factory Co. has advertised natio
Maritime
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
GAS SUPPLIES SEEN AMPLE
BRIAN LEWIS |
Natural gas supplies will be able to meet future U.S. requirements, George H. Lawrence, president of
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
ENERGY BRIEFS
Wire and Staff Reports |
Companies Increase<br><br> Postings for WTIAmoco Oil Co. raised its posted buying price for West Tex
DEREGULATION: PLAYING BY NEW RULES
BRIAN LEWIS |
Americans and Canadians who produce, distribute and use natural gas were told here this week that th
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