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DISPUTE IN HOUSTON A BOON FOR GALVESTON
GARY TAYLOR |
The rival port of Galveston has snared at least 74,000 tons of a 425,000-ton bagged flour shipment t
Maritime
YACHT THEFT HEARING STARTS
(AP) |
A hearing for a Los Angeles police officer and another man charged in an alleged $1 million stolen y
LYKES SEEKS MARAD NOD ON CHARTER
Journal of Commerce Staff |
Lykes Bros. Steamship Co. wants Maritime Administration permission for an unusual charter of least 2
Maritime
COST OF CREDIT
JOC Team |
Friday, October 17, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada U.
FINANCIAL BRIEFS
From Wire and Staff Reports |
World Bank Approves<br><br> Big Loan for NigeriaThe World Bank announced a loan of $452 million for
NORWAY CUTS S. AFRICAN SHIPMENTS
Journal of Commerce Special |
Norwegian-owned tankers delivered 527,000 tons of crude oil to South Africa between July 1 and Sept.
Maritime
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TOKYO BOND FUTURES TOP CHICAGO
A.E. CULLISON |
Daily transactions on Japan's first bond futures market, just a year old, averaged $28 billion in Se
STOCK TRADERS LACK CONVICTION
GORDON PLATT |
Mixed signals on the economy and questions about the impact of tax reform are clouding the outlook f
CONDITIONS IMPROVE ON PANAMA CANAL
ROBERT F. MORISON |
The Panama Canal Commission said shipping conditions have improved in the waterway and officials hop
Maritime
WORLD MONEY FRONT DOLLAR OFF AS TRADING SLACKENS
Knight-Ridder Financial |
The U.S. dollar remained weaker against key foreign currencies Friday, although trading was at the u
SDR RATES
JOC Team |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
SHIPOWNERS FACE INSURANCE CHANGE
MARK MAGNIER |
Liability insurance premiums have been one of the fastest growing costs for shipowners during the l
Maritime
US WILL WARN OTHERS TO TREAT ITS FLEET FAIRLY
ROBERT F. MORISON |
U.S. Maritime Administrator John Gaughan is going to the Far East later this month to hammer home t
INSURANCE REGULATORS FACE TEST
ALAN HERBERT |
George Grode thinks the office he has overlooking the downtown of this capital city is one of the be
NEW ORLEANS DOCKWORKERS END STRIKE
JOSEPH BONNEY |
New Orleans dockworkers ended a one-week strike, and the leader of the International Longshoremen's
CUSTOMS TOUTS AUTOMATION VON RAAB WANTS PORTS LINKED UP
BILL MONGELLUZZO |
William von Raab, U.S. commissioner of customs, feels the ports of Los Angeles and Long Beach are dr
CANADA IS FOUND SUBSIDIZING LUMBER
HELEN ERICSON |
The Commerce Department, in a preliminary ruling, said Canada is subsidizing softwood lumber exports
NAVISTAR PROPOSES TO RECAPITALIZE, ADOPT HOLDING COMPANY STRUCTURE
MICHAEL S. LELYVELD |
Navistar International Corp. announced a sweeping restructuring and recapitalization plan that would
KUWAITI MOVE SUGGESTS OIL OUTPUT HIKE
BRUCE BARNARD |
Kuwait underlined its intention to boost output by unexpectedly chartering six supertankers for incr
CUSTOMS ISSUES LEAD AGENDA AT WESCCON'S ANNUAL MEETING
Journal of Commerce Staff |
As the U.S. Customs Service continues its relentless drive toward a paperless environment for cargo
WORLD TODAY
From Wire and Staff Reports |
Dravo May Sell 3 Units<br><br> PITTSBURGH - Dravo Corp. said it is exploring possible sale of three
ADVERSITY THREATENS SEMICONDUCTOR FIRMS
Los Angeles Times |
Depend on it, there will be big changes in the semiconductor business in the next five years.<br><br
INDUSTRIAL PRODUCTION EDGES UP SLIGHT 0.1 PERCENT
(AP) |
Production at the nation's factories, mines and utilities edged up a tiny 0.1 percent last month, co
BUSINESS SALES ROSE 0.4 PERCENT IN AUGUST
(AP) |
Business sales climbed 0.4 percent in August as business inventories remained essentially unchanged,
DRUG STOCKS SHINE IN ERRATIC SESSION
RIPLEY WATSON, Jr. |
Chemical and pharmaceutical stocks, as well as those of public utilities, were in the spotlight Thur
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>There will be big changes in the semiconductor business in the next five years.
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>There will be big changes in the semiconductor business in the next five years.
Maritime
HONG KONG REPLIES TO US WASHINGTON'S CALL FOR REVALUATION IS CRITICIZED
P.T. BANGSBERG |
A senior economic official lashed out at high-level U.S. suggestions that Hong Kong should revalue i
LINDA STERN'S ECONOMIC BEAT
Linda Stern |
NOT ONE MORE CUP OF SUGAR can Americans borrow, the way some people see the economy. According to th
ON THE MOVE
Staff Report |
Home Loan<br><br> Bank of NYTaps Sherman<br><br>The Federal Home Loan Bank of New York named Eugene
NIGERIA DISCLOSES RESCHEDULING DEAL
(AP) |
Chu Okongwu, Nigerian finance minister, announced Wednesday that Nigeria had made an agreement to re
FDIC CHIEF OPTIMISTIC ON LOANS
LEAH R. YOUNG |
Problem Latin American and African loans owed U.S. banks will not remain uncollectable, the chairman
SOVIETS GIVE ARGENTINA A PLEDGE ON GRAIN
(AP) |
Argentine President Raul Alfonsin said his Kremlin talks this week have yielded a Soviet promise to
TRADE PANEL PLAN STUDIED COMMISSION WOULD TARGET CANADIAN-US ISSUES
LEO RYAN |
Canadian business groups are studying with interest the proposed creation of a joint Canada-U.S. int
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Taba Meetings Set<br><br> GENEVA - Meetings of an arbitration panel to settle the Egypt-Israel terri
Maritime
20,000 JOBS AT RISK IN PROJECTED MERGER
(AP) |
The International Metalworkers Federation said the projected merger between the French telecommunica
Maritime
JOBLESS TOTAL FALLS IN BRITAIN
(AP) |
The number of people out of work in Britain fell by 22,000 in September to 3.19 million, or 11.6 per
Maritime
WORLD BANK PUSHES THIRD WORLD TRADE
CARL CAHILL |
A business and financial adviser to the World Bank urged Virginia entrepreneurs to "get a piece of t
Maritime
FOREIGN VISITS
From Wire and Staff Reports |
Arrives in New Zealand<br><br> AUCKLAND, New Zealand - Indian Prime Minister Rajiv Gandhi arrived fr
Maritime
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