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ARGENTINE CORN, SORGHUM SOWINGS FELL IN 1986-87
Knight-Ridder Financial |
Argentine farmers in 1986-87 planted 3.4 percent less corn at 3.493 million hectares and 23 percent
FARM LOAN PROGRAM FACES CUTS IN BUDGET PROPOSAL
(AP) |
The Farmers Home Administration's loan program to help hard-pressed farmers stay in business will co
DUTTON TO REPLACE HOPE AT ALA. POST
MARIE PRAT |
Robert M. Hope, who has served the Alabama State Docks for 35 years, has been fired as director and
Maritime
EMPREMAR TO SUSPEND US-CHILE LINER SERVICE
Journal of Commerce Staff |
Empremar, the national line of Chile, is suspending its two-vessel non- conference liner service bet
Maritime
FMC MEETING CLOSED TO PUBLIC
Journal of Commerce Staff |
The Federal Maritime Commission's first meeting of the new year, scheduled for Wednesday will be clo
Maritime
MEDUSA ACCEPTS 3 LINES EVERGREEN, TFL, MAERSK KEEP CONFERENCE ALIVE
Knight-Ridder Financial |
The Mediterranean-USA Shipping Conference, covering routes from southern Europe and the Mediterranea
Maritime
CHARTER INDEX
JOC Team |
The weekly general freight index of Maritime Research Inc. (January-December 1972 equals 100 percen
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Columbus New Zealand<br><br> Rejoins E. Coast ServiceNEW YORK Columbus Line's Columbus New Zealan
Maritime
P&O TO BUY FIRM OWNING TECH CENTER
(AP) |
Peninsular and Oriental Steam Navigation Co., the giant British conglomerate, agreed to purchase the
Maritime
BALTIMORE ILA COUNCIL LEADERS LOSE SEATS TO LOCAL 333 OFFICIALS
Journal of Commerce Special |
Horace Alston and Richard Hughes have been ousted as leaders of the Internation al Longshoremen's As
Maritime
WATERMAN, SEA-LAND LOSE SUBSIDY APPEAL MARAD WON'T RETHINK DECISION GRANTING CARRIERS MORE FREEDOM
ROBERT F. MORISON |
The Maritime Administration has refused to reconsider a decision giving subsidized liner companies m
Maritime
SHIPPERS WANT CONFIDENTIALITY IN CONTRACTS
ALAN F. SCHOEDEL |
Greater confidentiality in service contracts with ocean carriers will be a major goal of shippers -
Maritime
SHIP'S CREW RISKS LIVES IN HIGH-SEAS RESCUE BID
CRAIG DUNLAP |
Atlantic Xpress' Container Trader will be several days late in arriving in Charleston, S.C., but the
Maritime
BUDGET WILL BENEFIT MD. WATER PROJECTS
Journal of Commerce Special |
Maryland will receive $80.9 million for various water projects during the 1988 fiscal year, accordin
Maritime
YUGOSLAVIA SEEKS MONEY FROM ABROAD
(AP) |
Faced with growing economic problems, Communist Yugoslavia plans to adopt constitutional changes op
Maritime
MEXICAN INFLATION TOPPED 100 PERCENT IN '86
WILLIAM A. ORME Jr. |
Mexico's annual inflation rate broke the triple-digit barrier for the first time in 1986, the centra
Maritime
GUINNESS FAMILY BACKS CHIEF
(AP) |
A Guinness family member said that he and his family don't want the embattled chairman and chief exe
Maritime
CHINA CUTS DEFICIT IN JAPAN TRADE
(AP) |
The Japanese trade surplus with China for last year is estimated at US$4 billion, down from the US$5
Maritime
AUSTRALIA'S SUGAR INDUSTRY SOUR ON US SWEETENERS
VINCENT W. STOVE |
Miffed by a drop in their export quota to the United States, Australian sugar producers are agitatin
Maritime
NEW YORK BAR BACKS SEVEN TORT PROPOSALS
Journal of Commerce Staff |
The New York State Bar Association, in a letter last Friday to Gov. Mario Cuomo and state legislator
INSURANCE BRIEFS
From Wire and Staff Reports |
Australian Insurer<br><br> To Sever S. African TiesJOHANNESBURG, South Africa - Colonial Mutual Life
MALPRACTICE ACT CHALLENGED IN NY GROUP SAYS INADEQUATE RATES THREATEN INSURERS' SOLVENCY
PAULA L. GREEN |
A coalition of insurance industry interests have charged in a federal suit that inadequate rates wil
ALL SYSTEMS GO FOR MBIA
C.A. CARPENTER |
MBIA Inc. said it will close its first deal this week as a new municipal bond insurer.<br><br> The d
FAIR PLANS GAIN POPULARITY
JAMES NOLAN |
Small property owners in the nation's inner cities are falling back on emergency insurance plans in
CENTRAL BANK INTERVENTION GIVES DOLLAR A STEADY TONE
Knight-Ridder Financial |
Heavy central bank intervention enabled the U.S. dollar to maintain a steady tone Friday as the mark
TRANSPORT STOCKS SPRING TO LIFE
GORDON PLATT |
Transportation stocks sprang to life Friday after lagging blue-chip issues during the stunning New Y
JAPAN TO 'INTERVENE FORCEFULLY'
Journal of Commerce Staff |
Bank of Japan authorities will "intervene forcefully" in foreign exchange markets in an ongoing atte
FED SEEKS TO CURB YEN FOR US BANKS
A.E. CULLISON |
The Federal Reserve hopes to prevent Japanese banks, even indirectly, from easily buying up U.S. ban
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Illinois Central Gulf<br><br> Debt Ratings ConfirmedMoody's Investors Service confirmed the debt rat
INDUSTRIAL PRICE INDEX
JOC Team |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Team |
Friday, January 9, 1987<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
ARCO COMPLETES DEAL WITH PONY
Journal of Commerce Staff |
Arco Chemical Co. announced the completion of the sale of its Arco Building Products units, ChemLink
ARGENTINA APPROVES ULCER DRUG
Journal of Commerce Staff |
G.D. Searle & Co. announced that Cytotec (misoprostol), the first anti-ulcer<br><br>drug designed bo
PLASTICS CORNER
Journal of Commerce Staff |
MMFG Buys<br><br> FiberglassCompany<br><br>BRISTOL, Va. - Morrison Molded Fiber Glass Co., a subsidi
CHEMICAL MARKETS
Journal of Commerce Staff |
Cascara Bark Mart Remains Soft<br><br> The market for cascara sagrada bark remains soft and is expec
AMERICAN HOECHST EXTENDS OFFER
Journal of Commerce Staff |
American Hoechst Corp. announced that its tender offer for all ofthe outstanding shares of common st
DAMON BIOTECH PRODUCT TO BE SOLD IN JAPAN
Journal of Commerce Staff |
Damon Biotech Inc. signed an agreement with a leading Japanese pharmaceutical firm for the commercia
NY SENATOR BLASTS SHOREHAM REPORT D'AMATO SAYS GAO STUDY MAKES NO SAFETY JUDGMENTS
(AP) |
New York Sen. Alfonse D'Amato is not happy with a General Accounting Office report on the Shoreham n
BRAZILIAN USERS TURN TO CHINA
EDWIN UNSWORTH |
Brazil is planning to reduce its coal purchases from traditional sources, which include the United S
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