U S Trade Ties With Latin America Deepen
The Commerce Department notes Latin America bought $9.93 billion in U S goods in 1973 and will exceed $10 billion this year, keeping a roughly $370 million US trade edge. Venezuela shows a strong US presence with petroleum exports and imports, while Brazil Mexico and Venezuela hold growth potential amid rising Latin American imports and US shipments.
MENTIONED IN THIS ARTICLE
Copley News Service
Latin America
United States
U.S
U.S. Department of Commerce
Venezuela
Department of Commerce
Brazil
Mexico
West Germany
Asia
United ‘States
Germany
Japan
Masict
Finland’s Valmet to unveil shallow draft oil tanker
Finland’s Valmet shipyard will launch the world’s first shallow draft 150,000 ton oil tanker by next year, able to dock in 50 foot deep harbors, enabling US ports to receive oil more easily amid rising tanker costs. Norwegian orders show 300,000 ton potential and costs rise to 40 million by 1977. Rauma-Repola leads offshore drilling rig tech, with British and American orders, including the Ocean Ranger at 35 million dollars.
MENTIONED IN THIS ARTICLE
Finland
Benjamin Shore
Helsinki
CNS
Valmet Shipbuilding Company
United States
Valmet
Elcar electric car gains U S interest via Zagato import
Copley News Service reports the Elcar from Italy, imported by Zagato and franchised to Leon Shahnasarian of Elkhart Indiana, as the first mass produced electric car in Europe. The two passenger, seven by four and a half foot vehicle offers 20 to 50 mile range, speeds up to 25 35 mph, eight hour recharge, fiberglass body and 21 foot turning circle. Base price under 3000 dollars.
MENTIONED IN THIS ARTICLE
Italy
Leon Shahnasarian
Elkhart
Ind
U. S
Zagato
Europe
Alfa Romeo
Ferrari
Maserati
Elcar
Shahnasarian
Elcar Corp
Commodity Closings From The Market Desk
Gold slips to 152 an ounce while silver dips to 4.47 as August trading closes. Copper rises to 80 and a half cents per pound with wheat at 4.45 a bushel. Soybeans fall to 8.35 while live cattle reach 49.90 per hundredweight and eggs drop to 42.75. Maine potatoes gain to 4.66 per cwt and cotton holds at 52.55 cents. Plywood advances to 111 per thousand square feet.
MENTIONED IN THIS ARTICLE
London
Maine
Dow Jones Averages Rise Amid Broad Market Gains
The Dow Jones averages posted gains with the industrials up 7.82 to 760.40, the transports 0.08 higher at 157.85, utilities up 0.38 to 68.06, and a broad 1.66 advance for 231.61. Trading volume reached 11,230,000 shares.
Also Mentioned on This Page
Scottsdale (Az
Daily Progress
Ion
Rauma-Repola
North Sea
Texas
Ocean Ranger
Patti
Brown
Saguaro Business Equipment Inc
Main Street
Scottsdale
Fred Schaffer
Bache & Co., Inc
Dow Jones
Simart
Don Diego
Canary Islands
Diego
Royal Palms
EMS
Menendez Garcia
H. Upmann and Montecristo Cigars
Havana
Cuba
Las Palmas
Gran Canaria
Con Diego
Jim Ross
East
Stetson Drive
Books
Harry
E. McDowell
Cali