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INDEPENDENTS EYE CHINA
GENE LINN |
Independent oil companies and small entrepreneurs are likely to lead the next charge to find China's
MARITIME CALENDAR
JOC Team |
Containerization & Intermodal Institute. All-day seminar on the impact of the 1984 Shipping Act on c
Maritime
PORTLAND READIES FOR DOUBLE-STACK TRAINS
Journal of Commerce Special |
The port of Portland is getting ready to handle double-stack unit trains.<br><br> The port commissio
Maritime
EXXON PLANS TO SELL RELIANCE ELECTRIC
Journal of Commerce Staff |
Exxon Corp. entered into a letter of intent for the sale of Reliance Electric Co., and other compani
POLICE CHALLENGE HOUSTON AUTHORITY
GARY TAYLOR |
A state commission is seeking an attorney general's ruling on whether the Port of Houston Authority
Maritime
SHIPYARD LABOR PROBLEMS ABATE UNIONIZED WORKERS ACCEPT WAGE AND BENEFIT CONCESSIONS
GLORIA JOSEPH |
As competition for Navy shipbuilding and repair contracts goes into high gear, Puget Sound shipbuild
Maritime
SPOT OIL PRICES STEADY IN EUROPE
Journal of Commerce Staff |
The Northwest European spot oil market steadied in response to tentative signs that the Organization
NOMURA, DAIWA PLAN SWAP UNITS
Knight-Ridder Financial |
Following recent Japanese Finance Ministry approval, Nomura Securities Co. and Daiwa Securities Co.
SAUDI ARABIA SEEN NEAR AGREEMENT MINISTER INDICATES ACCEPTANCE OF CUTBACKS FOR LARGER MEMBERS
FELIX DEARDEN |
Saudi Arabia may be prepared to accept a modest across-the-board cut in the present Organization of
SPOT PRODUCT PRICES
JOC Team |
December 11, 1986<br><br> U.S. spot oil products price indications, sellers range, in cents per gall
FRIAS RESIGNS US ANERA POST MOVE COMES AMID CRITICISM ON HANDLING OF SERVICE PACTS
MARK MAGNIER |
Raymond T. Frias resigned from his post as U.S. representative for the Asia- North America Eastbound
SLIGHT GAIN IN US COAL SALES SEEN AS UTILITIES ANTICIPATE LABOR TALKS
TIM SANSBURY |
Total sales of U.S. coal will reach 904 million tons next year, or 0.7 percent above the 1986 level,
FTC CHIEF SEEKS PROBE OF INSURERS
ALAN HERBERT |
Asserting that the assurance of competition would benefit the consumer, the chairman of the Federal
PACCAR MOVE HAS ANALYSTS BUZZING
MICHAEL S. LELYVELD |
Transportation industry analysts are surprised and curious over reports last week that Paccar Inc.,
REACTION MIXED TO CHANGING US SEAWAY ROLE
ROBERT F. MORISON |
The United States' dealings with the St. Lawrence Seaway are about to change markedly for the first
OCCIDENTAL PETROLEUM PLANS SOVIET VENTURE
ROSE A. HOROWITZ |
Occidental Petroleum Corp. signed a contract with the Soviet Union for ajoint venture, said Dwayne A
WORLD TODAY
From Wire and Staff Reports |
Computer Trade Probe<br><br> WASHINGTON - The Reagan administration will investigate Japan's super-c
JAPAN DISCOVERS US WHEAT
GLORIA JOSEPH |
Fast-food in Japan is growing at such a staggering rate that teen-agers are putting down their chops
US, BRAZIL READY TO LAY DOWN CARDS
RICHARD LAWRENCE |
The United States and Brazil are close to a showdown on a computer trade and investment dispute.<br>
BRAZIL ADVISED ON DEBT POSTURE
ROSALIND RACHID |
The U.S. Export-Import Bank wants Brazil to do more to assure its foreign creditors that it will cle
TODAY'S NEWS SUMMARY
JOC Team |
FINANCIAL<br><br>Stocks rose sharply in moderate trading, with blue-chip issues leading the way. Pa
EXTENSION SEEN FOR STEEL CONTROLS
Journal of Commerce Staff |
David M. Roderick, chairman of USX Corp., predicted that the U.S. steel industry will seek a modifie
US CEMENT PRODUCERS LOSE ANTI-DUMPING BID
Journal of Commerce Staff |
A group of U.S. cement producers failed in a bid for anti-dumping duties on imported portland hydrau
CHEMICAL SECTOR EXPECTS ROSY '87 CMA OFFICIAL SAYS INDUSTRY COULD GROW SIXFOLD
LEAH R. YOUNG |
The chemical industry is predicting a moderately good year in 1987 with shipments increasing by 6 pe
INSIDE TALK FROM CHICAGO
Andrea Chancellor |
HO HO HO: The Firestone Synthetic Rubber & Latex Co. is thanking shippers for making 1986 such a GOO
MEXICO PRIVATIZATION DRIVE LIMITED
WILLIAM A. ORME Jr. |
The Mexican government is trying to sell an airline, textile mills, and scores of other state-owned
ON THE MOVE
Staff Report |
Carmichael<br><br> To Join ShelbyAs Chairman<br><br>Shelby Insurance Co. announced that Dan R. Carmi
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Canada's Trade Surplus<br><br> With the US DeclinesCanada's merchandise trade surplus with the Unite
Maritime
CHINA COULD LEAN ON MORE LOANS GREATER RELIANCE ON LENDING SEEN NEEDED FOR MODERNIZATION
ALAIN DELWARTE |
China will rely more heavily on commercial loans in the five years through 1990, bankers say, estima
Maritime
A FORTUNE IN CHOPSTICKS
(AP) |
A high-tech factory will consume Minnesota timber to turn out 132,000 pairs of chopsticks in 60 minu
Maritime
M.W. KELLOGG CO. AWARDED AMMONIA PLANT CONTRACT
Journal of Commerce Staff |
China National Technical Import Corp. has awarded a contract to M.W. Kellogg Co., a Houston-based mu
Maritime
INDONESIA SEEKS LOANS TO SAVE VITAL PROJECTS
P.T. BANGSBERG |
The government of Indonesia is seeking foreign loans in hopes of preserving what it calls vital deve
Maritime
S. KOREA EXPECTS RECORD EXPORTS
(AP) |
The Korean Traders Association said that South Korea's exports are expected to reach a record US$76
Maritime
2.6 PERCENT GNP GROWTH SEEN
from wire and staff reports |
The U.S. economy will grow at about a 2.6 percent annual rate in 1987, just slightly more than the 2
HOUSING COMPLETIONS RISE
from wire and staff reports |
U.S. housing completions rose 0.2 percent in October to a seasonally adjusted annual rate of 1.736 m
LOW-INCOME JOBS SURVEYED
from wire and staff reports |
More than one-fifth of the 6.7 million new full-time jobs created by the U.S. economy between 1979 a
TRADE DEFICIT HITS QUARTERLY RECORD
From Wire and Staff Reports |
The U.S. foreign trade deficit totaled $37.7 billion from July to September, the largest Three-month
PACT CREATES OPPORTUNITIES
JAMES BRUCE |
Many Brazilian and Argentine businessmen are looking for information and contacts to take advantage
Maritime
US ETHANOL POLICY WORRIES PRODUCERS
CANUTE JAMES |
Caribbean-based producers of ethanol, including subsidiaries of U.S. companies, say they are concern
Maritime
TRADE FAIRS
From Wire and Staff Reports |
African Trends Exhibit<br><br> To Be Held in New YorkAfrican Trends is an exhibition designed to acq
Maritime
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