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UNION CARBIDE AGREES TO SELL TEXAS MANUFACTURING PLANT
Journal of Commerce Staff |
Union Carbide Corp. said it signed a letter of intent for the sale of the assets of its Brownsville,
GRACE SPLITS LATIN, PACIFIC OPERATIONS
Journal of Commerce Staff |
W.R. Grace & Co. announced the reorganization of its Pacific and Latin American specialty chemical o
COMPANIES SIGN INTENT FOR HALCON ACQUISITION
Journal of Commerce Staff |
Texas Eastern Corp. and Denka Chemical Corp. jointly announced the signing of a letter of intent for
CARBIDE PROCESS REMOVES PCBS
Journal of Commerce Staff |
The removal of polychlorinated biphenyls (PCBs) from society is "an important national objective" an
PETROCHEMICAL GROWTH TO PARALLEL GNP?
Journal of Commerce Staff |
Long-term petrochemical demand will increase at about the same rate as the gross national product, a
CHLOROFLUOROCARBO N OUTPUT INCREASES
Journal of Commerce Staff |
The 1985 production of chlorofluorocarbons 11 and 12 rose to 1,550 million pounds in 1985 from 1,531
ABT, BATTE LLE SET PACT WILL DEVELOP VACCINES TO FIGHT POULTRY DISEASES
Journal of Commerce Staff |
Applied BioTechnology Inc., a privately-held biotechnology company based in Cambridge, Mass., and Ba
COST OF CREDIT
JOC Team |
Thursday, September 4, 1986<br><br> (Percentages Per Year)INTERNATIONAL INTEREST RATES<br><br>Canada
BORROWERS LEAVING FARM CREDIT SYSTEM
(AP) |
Solvent borrowers are leaving the Farm Credit System in droves for other lenders because of its fail
FINANCIAL BRIEFS
From Wire and Staff Reports |
Iran Fails to Reply<br><br> To Japanese Bank CallsIran has not replied to requests from the Export-I
FOREIGN EXCHANGE
JOC Team |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US DIDN'T INTERVENE IN EXCHANGE MARTS
RIPLEY WATSON Jr. |
The U.S. Treasury and the Federal Reserve Bank of New York did not intervene in the foreign exchange
MONEYCENTER SERVICE EXPANDING TO LONDON
JANET PORTER |
MoneyCenter, the electronic financial information service developed by Knight-Ridder Financial Infor
G-5 RUMORS SPUR STOCKS
GORDON PLATT |
Stocks rose sharply to record levels in heavy trading Thursday on rumors of an imminent meeting of t
FOREIGN DEMAND, RETAIL SALES HELP DOLLAR TO MOVE HIGHER
Knight-Ridder Financial |
Growing overseas demand and strong sales figures reported by major U.S. retailing firms helped the U
INSURANCE AND THE CONSUMER PRICE INDEX
JOC Team |
Trend<br><br> Change From Change From ChangeJuly 1986 Prior Month Year Ago 1977-1985<br><br>Overall
INSURERS GAIN A CCESS TO TAIWAN
LEAH R. YOUNG |
The government of Taiwan tentatively agreed to allow U.S. insurers into its market.<br><br> The agre
FREMONT TO SPIN OFF UNPROFITABLE UNITS
(AP) |
Fremont General Corp. says it will spin off or discontinue unprofitable insurance operations that ac
INSIDE TALK ON INSURANCE
C.A. Carpenter |
SECOND GUESSING THE MARITIME ADMINISTRATION: James Zok, deputy associate administrator for maritime
LLOYD'S EARN INGS SLASHED RESULTS REFLECT LOSSES AT PCW SYNDICATES
EDWIN UNSWORTH |
Profits of Lloyd's of London, the world's biggest insurance market, fell to 36 million ($53.3 millio
TODAY'S NEWS SUMMARY
JOC Team |
GENERAL NEWS<br><br>Major retailers, reporting that back-to-school items sold well during the latter
Maritime
ARGENTINA SEEKS TRANSSHIPMENT BAR
JEREMY MORGAN |
Maritime officials ruled Argentine exports and imports goods had to be carried on the same vessel th
Maritime
SINKING SHIPS FOR REEFS BIG BUSINESS
(AP) |
The growing practice of sinking old ships off the coast to build artificial reefs that attract fish
Maritime
SUB PROPULSION GETS NEW SCOPE
MARK WILSON |
An atomic reactor of U.S. lineage will power a Franco-Canadian submarine due to enter service in 198
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
S. Smith's Mother Sues<br><br> Airline for $50 MillionThe mother of young peace emissary, Samantha S
TANKER DEMA ND MAY RISE UK CONSULTANT FORESEES REF INED OIL TRADE BOOMING
SIMON CAMERON MOORE |
Trade in refined oil products will increase by 40 percent from 250 million metric tons in 1985 to 35
Maritime
4 DEAD, 15 MISSING IN BOAT ACCIDENT
(AP) |
Four people drowned and 15 were missing after a boat capsized in the Meghna River near Narsingdi, 6
Maritime
PARTIAL SALE OF MAJESTIC IS PLANNED
Journal of Commerce Staff |
Loews Corp. plans to sell 3 million shares of common stock in Majestic Shipping Co., a wholly owned
Maritime
MARAD OKS SALE OF LYKES SHIPS
Journal of Commerce Staff |
The Maritime Administration approved the sale of two, 22-year-old freight ships by Lykes Bros. Steam
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
JofC Gets Marad Pact<br><br> On Trade, Ship DataThe Maritime Administration announced the awarding o
Maritime
JAPANESE LINES MULL FACILITIES AT VANCOUVER
Journal of Commerce Special |
There will be no switching of terminals, at least initially, for Japanese shipping lines serving Van
Maritime
USSR SHUNS WHEAT DEAL
(AP) |
A month has passed since President Reagan's controversial decision to offer wheat to the Soviet Unio
FARM CREDIT SYSTEM FUNDS OK FOR 1 YEAR
(AP) |
The federal Farm Credit System has enough money to survive for at least another 12 months without se
W. GERMAN GRAIN OUTPUT DECLINED 2.2 PERCENT IN 1986
Knight-Ridder Financial |
West Germany's grain production declined an estimated 2.2 percent to 25.35 million metric tons in 19
GOOD WEATHER AIDS POLISH GRAIN CROP
Knight-Ridder Financial |
Favorable weather throughout July and August in Poland helped produce a good grain crop, the U.S. ag
LOWER EXPORTS WEIGH ON GRAIN-HAULING RAILS
DIRCK STEIMEL |
The drastic drop of U.S. grain exports is beginning to take a toll on the nation's major grain hauli
COMMODITY BRIEFS
From Wire and Staff Reports |
New Zealand to Limit<br><br> Live Sheep ExportsWELLINGTON, New Zealand - New Zealand will restrict l
AUSTRALIAN DROUGHT EASING FOR SPRING
Knight-Ridder Financial |
Most parts of New South Wales had useful rain in July-August, improving the prospects for favorable
MARITIME CALENDAR
JOC Team |
Canadian Port and Harbour Association. 28th annual meeting Sept. 6-10 at Hilton International Windso
Maritime
THUNDER BAY WALKOUT EXPECTED TO BE LONG
LEO RYAN |
Prospects appear dim for an early resolution to the labor dispute that has brought grain traffic to
Maritime
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