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SHOULDER BELTS IN BACK SEATS ENDORSED
(Ap) |
Sen. John Danforth, R-Mo., citing doubts about lap-only safety belts, is calling on Transportation S
INSURANCE BRIEFS
From Wire and Staff Reports |
Restriction Exceptions On Snuff Ads CriticizedTwo congressmen say exceptions to proposed fed
OUTLOOK FOR TRANSPORT INDUSTRY MIXED
Michael S. Lelyveld |
The outlook for U.S. transport industries appears uncertain while chances of a ''mini-recession" lat
SEX-BASED A UTO RATES HIT
Larry Fish |
Pennsylvania's new law permitting auto insurers to continue to set rates based on sex is being chall
MEASLES EPIDEMIC ENDS IN NJ
(Ap) |
New Jersey's measles epidemic is over, but the 904 cases reported in the last 10 months is the highe
NOT BY SOCIAL SECURITY ALONE
William E. Gibson |
Dorcas Hardy, a New Right foe of big government who recently took charge of the massive Social Secur
STOCKS MIXED ON DISCOUNT RATE CUT
Journal of Commerce Staff |
Stocks were mixed in active trading Thursday in a muted reaction to the Federal Reserve's half-point
DOLLAR UNCHANGED ON BALANCE IN CHOPPY, CAUTIOUS MARKET
Knight-Ridder Financial |
The U.S. dollar was about unchanged on balance Thursday against most other major foreign currencies.
PROPERTY/CASU ALTY OUTLOOK M IXED
C.A. Carpenter |
Travelers Corp. is expected to continue to lag the property/casualty insurance industry's earnings r
FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan Standing Firm On Its Discount RateJapanese banking officials said Japan will not immed
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Thursday, August 21,1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU.K
S. AFRICAN PLATINUM FIND COULD DOUBLE ORE VOLUME
Knight-Ridder Financial |
Platinum deposits that could potentially double the volume of South Africa's platinum-bearing ore ha
CHERNOBYL'S AFTERMATH SOVIETS TO RECONSID ER SITING OF PLANTS
Albert Axebank |
The Soviet Union will have to reconsider the siting of atomic power plants near populated areas beca
VISTA CHEMICAL MERGES UNITS, REFINANCES DEBT
Journal of Commerce Staff |
Vista Chemical Co. completed refinancing and consolidating its outstanding bank debt with a revised
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Aug. 9, 1986, total piggyback freight hauled on the nation's major railroads equ
MONEY IN THE OCEAN TRADE AMERICAN PRESIDENT'S SEATON CHARTS EXPANSION, PROFIT
John Davies |
Q:You're spending $500 million on expansion when other shipping companies are taking losses and cutt
Maritime
CONTRACT STAVES OFF YARD LAYOFFS
(Ap) |
A $22.7 million contract to overhaul the destroyer USS Fletcher wasawarded to the Long Beach Naval S
Maritime
FARM EXPORT VALUES SEEN AT LOWEST LEVEL IN 10 YEARS
(Ap) |
Exports of U.S. farm commodities this year may total only $26.5 billion, the lowest value in nearly
FMC FINALIZES CERTIFICATE FILING RULES
Journal of Commerce Staff |
The Federal Maritime Commission adopted final rules to standardize the filing of anti-rebating certi
Maritime
WAH KWONG SURE OF PLAN APPROVAL CREDITORS MEET TODAY TO FINALIZE LONG-TERM RESTRUCTURING ACCORD
P.T. Bangsberg |
Final details for restructuring of Wah Kwong Shipping & Investment Co. Ltd. go to creditors today,
Maritime
WORLD TODAY
From Wire and Staff Reports |
$22 Billion July Deficit WASHINGTON - The U.S. government posted a total deficit of $22.229
OAKLAND FIND S NO COVER
Maureen Robb |
The Port of Oakland may have to self-insure the first $1 million of its liability losses, a harbor e
Maritime
MARITIME CALENDAR
JOC Staff |
Canadian Port and Harbour Association. 28th annual meeting Sept. 6-10 at Hilton International Windso
Maritime
BIG BANKS EXPECTED TO CUT RATES MORE
William R. Neikirk |
The Federal Reserve Board's fourth cut this year in the discount rate likelywill touch off another r
NEW DEVELOPMENT BANK TO FUND LATIN PROJECTS
Journal of Commerce Staff |
A new lending agency for Latin America and the Caribbean may be in place by early 1987. The
ARMY CORPS MAPS PLANS FOR EXTENDED DROUGHT
(Ap) |
The U.S Army Corps of Engineers expects an extended drought in the Southeast as the region enters th
RENAULT CLOSING MEXICAN PLANTS FIRM WILL MANUFACTURE AUTO ENGINES FOR EXPORT
WILLIAM A. ORME Jr. |
The French carmaker Renault said it is closing most of its Mexican manufacturing operations due to d
WHEAT SPECIALIST EYES SEPT. 15 GATT TALKS
Knight-Ridder Financial |
The upcoming round of the General Agreement on Tariffs and Trade negotiations is not expected to yie
SENATE TO AIR PR ODUCT LIABILITY, TORT REFORM CHA NGE IN SEPTEMBE
Leah R. Young |
Product liability legislation and sweeping tort reform changes will be aired on the Senate floor in
COAL BARGING P ROVED A POINT
Andrea Chancellor |
Virginia Power's one-year test of transporting coal by barge worked. Railroads have lowered their ra
CHINA PLANS TO PRIME OIL DE VELOPMENT PUMP
Jasper Becker |
Overseas oil companies "are farsighted and optimistic about the future of offshore oil in China," de
MARITIME BRIEFS
JOC Staff |
Nordana, Dafra Lines Set New ServiceNordana Line announced a service link between it and Daf
Maritime
TRUCKERS ASK FOR A SHARE OF SURCHARGES
Leo Abruzzese |
Independent truckers are asking the Interstate Commerce Commission to grant them a share of the insu
TRADING IS BR ISK IN DRY CA RGO FUTURES TRADING
Simon Cameron Moore |
Trading in the markets where shipowners and charterers hedge against price fluctuations in freight r
CONFUSION MARKS TEAMSTERS MOVE HOUSTON DIRECT DISCHARGE CARGO MAY BE TARGET IN DEAL WITH ILA
Gary Taylor |
Of all places, why here? That was one local reaction to the announcement by the Internationa
Maritime
NY GROUP PURCHASES BATH YARD
TOM McNIFF Jr |
The century-old Bath Iron Works Inc. said it was sold Thursday to Givens, Green, and Van Amerongen L
LAKE MICHIGAN COLLISION LEAVES 1 DEAD, 2 MISSING
(Ap) |
Rough seas Thursday forced rescuers to postpone a search for two men presumed drowned after a ship c
Maritime
OCEAN CARRIER RATE CHANGES
JOC Staff |
The United States Atlantic and Gulf Southeastern Caribbean Conference announced it will increase U.S
Maritime
ARGENTINE OUTPUT BELOW '85 LEVELS
Journal of Commerce Special |
Argentina's hydrocarbons output rose in July compared with the previous month but still lagged behin
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