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CHICAGO EXCHANGE TO STOP TRADING FOREIGN CURRENCY OPTIONS AUG. 28
Chicago Tribune |
The Chicago Board Options Exchange will stop trading foreign currency options as of Aug. 28 and tran
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US PLANS TO CONTINUE SUBSIDIZING FARM EXPORTS
(Ap) |
A $1.5 billion program to subsidize exports of U.S. farm commodities will be continued even though t
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
Foreign Bond Sales Hit Record in JapanJapanese investors bought a record number of foreign b
UK BANK TO LEAVE S. AFRICA?
(Ap) |
Standard Chartered Bank PLC, the only British financial institution to retain a presence in South Af
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
NICARAGUA ECONOMY WAGES WAR OF SURVIVAL
(Ap) |
The Nicaraguan economy, pummeled by the Contra war, the U.S. trade embargo and scarce foreign aid, h
Maritime
JAPAN CABINET OKS CURBS ON EXPORTS
(Ap) |
The Japanese Cabinet approved a partial amendment to the country's foreign exchange and foreign trad
Maritime
JAPAN CURRENT ACCOUNT, TRADE SURPLUSES DECLINE
A.E. Cullison |
Japan's current account surplus decreased to slightly under $7.5 billion in June, before seasonal ad
Maritime
JAPAN SEEKS 10 PERCENT BUDGET REDUCTION
(Ap) |
The Japanese government, maintaining its austere financial policies, called for reductions in the fi
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
GEC of Britain Buys Lear Holdings UnitsGeneral Electric Co. PLC, the leading British electri
Maritime
CHINA CRACKS DOWN ON BUILDING MISHAPS
(Ap) |
About 500 people have died this year in China in serious building accidents attributed to poor manag
Maritime
TOKYO EXCHANGE MAY ADD US FIRMS
A.E. Cullison |
Tokyo Stock Exchange authorities are expected to approve a list of 10 to 15 prospective new members,
US INSURERS BECOME FARMERS RELUCTANTLY
Paula L. Green |
Some of the nation's top life and health insurers are becoming farmers by default. As govern
LINE SEEKS FAR EAST SERVICE VIA HAWAII
John Davies |
In an action that could speed its entry into the Hawaiian trade, American President Lines is asking
CHEMICAL MARKETS DOW INCREASES CAUSTIC SODA PRICES
Journal of Commerce Staff |
Dow Chemical U.S.A. has notified customers of a $25 a ton increase in the off-list price of caustic
EXXON TESTS FOR OIL IN ARGENTINE WATERS
Jeremy Morgan |
A group led by an Exxon Corp. unit has begun offshore seismic testing for oil in a 39,000 square kil
TVA AWARDS COAL CONTRACTS
Journal of Commerce Staff |
The Tennesse Valley Authority purchased 17,300 tons of coal in six spot market contracts issued July
DIAMOND TO SELL SALT UNIT
Journal of Commerce Staff |
Diamond Crystal Salt Co. has signed a letter of intent to sell the company'ssalt division to
COAL MARKETS SOUTHERN CO. SCOUTING TO SUPPLY GEORGIA POWER
Tim Sansbury |
Southern Co. Services Inc., is back in the market to buy coal for Georgia Power Co. After an
PLASTICS CORNER
Journal of Commerce Staff |
Borden, Japanese Firm In Joint Resin VentureCOLUMBUS, Ohio - Borden Inc. has signed a joint
LAWMAKERS PUSH TOUGHER RULES FOR PCB WASTES
(Ap) |
A bipartisan group of lawmakers have introduced legislation to strengthen laws governing the handlin
DEMOCRATS SUPPORT PROPOSAL TO BLOCK SEABROOK, SHOREHAM
(Ap) |
A congressional proposal designed to prevent the Seabrook, N.H., nuclear power plant and the Shoreha
NEW ENGLAND FACES POWER CUTS DURING REFUELING SHUTDOWNS
(Ap) |
Voltage reductions may result from a severe shortage of electric energy being forecast for the New E
KODAK, IMPERIAL CHEMICAL SIGN EVALUATION AGREEMENT
Journal of Commerce Staff |
Eastman Kodak Co. and Imperial Chemical Industries PLC announced an evaluation and licensing agreeme
ENERGY BRIEFS
From Wire and Staff Reports |
Earnings Unchanged For UtiliCorp UnitedKANSAS CITY, Mo. - UtiliCorp United reported earnings
BRITISH COAL TO PUSH EXPORTS
Edwin Unsworth |
The British Coal Corp. said it is determined to defend its home market from foreign exports and at t
AVIATION ADDICTS SWARM OSHKOSH AIRCRAFT SHOW
Dave Higdon |
The influx of aircraft started Thursday night and grew into long lines of flying machines stretching
Air Cargo
WISCONSIN ELECTRIC GETS TRANSPORT BREAK
Andrea Chancellor |
Wisconsin Electric Power Co. said it will save $30 million a year in coal transportation costs and i
AVIATION BRIEFS
From Wire and Staff Reports |
Nippon Cargo Plans Service to SingaporeNippon Cargo Airlines plans to start service to Singa
Air Cargo
ANA READY TO INCREASE SHARE OF US MARKET
Dave Higdon |
All Nippon Airways, Japan's newest scheduled international airline, carried enough passengers in its
Air Cargo
TWO BANK MERGERS ANNOUNCED
(Ap) |
New Jersey's First Fidelity Bancorporation and Philadelphia-based Fidelcor Inc. have agreed to join
J.P. MCGEE, VP AT UPS, DIES
Journal of Commerce Staff |
James Patrick McGee of Weston, a vice president at Greenwich-based United Parcel Service, died last
Air Cargo
RAIL BRIEFS
From Wire and Staff Reports |
Railroad Reform Talks Near a Critical StageTalks aimed at forging a compromise on railroad r
Rail News
IMPORTERS EVADE GASOLINE USE TAX
Marcia Stepanek |
The government is losing millions of dollars each year because some U.S. car importers are not payin
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
976.5 (July 31) Previous day - 969.5 The Baltic International Freight Futures Exchange in Lo
Maritime
NORFOLK SOUTHERN OPENS AUTO UNLOADING FACILITY
Kevin D. Thompson |
Ford Motor Co. hopes late vehicle deliveries and lack of coordination between rail and truck carrier
Rail News
GUILFORD EXPANDS TERMINAL
TOM McNIFF Jr. |
Guilford Transportation Industries is quietly spreading its Springfield Terminal Co. over more and m
Rail News
JAPANESE GROUP JOINS FLA. CHASE TO BUILD RAIL
Gregory S. Johnson |
Mag-Lev Florida, a representative of a group of Japanese firms involved in high-speed rail projects,
Rail News
ILL. TRUCKER WANTS TO GET ITS NAME KNOWN
Andrea Chancellor |
In Central Illinois, a 40-year-old trucking company has quietly been growing and steadily improving
Trucking News
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