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RAIL WANTS TO FREE THE BONDS THAT TIE IT
Lawrence Kaufman |
Burlington Northern Inc. goes into Federal District Court in New York Wednesday with a $35.5 million
HAWKE'S RETURN GENERALLY WELCOMED
Vincent W. Stove |
Australian business reacted generally favorably to the return to power of the Labour Party governmen
ARWOOD BID PRECIPITATED TRANS FREIGHT LINES TAKEOVER
William Armbruster |
A bid by John R. Arwood to buy the 50 percent of Trans Freight Lines owned by TNT Ltd. precipitated
INSURERS ASSAIL SHIP AGENCY OPENING OF US HULL MARKET TO FRENCH AT ISSUE
Robert F. Morison |
U.S. marine insurers are irate at the Maritime Administration's decision toallow French unde
WORLD TODAY
From Wire and Staff Reports |
Japan's Trade Minister To Visit WashingtonJapan's trade minister is scheduled to fly to Wash
PUERTO RICO DEVELOPMENT BANK TO OFFER SMALL-BUSINESS LOANS
Journal of Commerce Special |
The Economic Development Bank for Puerto Rico will offer loans of up to $1 million to small and medi
STOCKS FALL ON PROFIT-TAKING
Gordon Platt |
Stocks fell on profit-taking Monday, as key foreign buyers pulled to the sidelines ahead of today's
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPANESE BOND FUTURES OFF TO FAST START IN LONDON
Janet Porter |
More than $20 billion changed hands during the first day's trading of Japanese government bond futur
FINANCIAL BRIEFS
From Wire and Staff Reports |
Eurobond Prices Recover SharplyEurobond prices recovered sharply Monday and a small market w
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
COST OF CREDIT
JOC Staff |
Mon., July 13,1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
CHASE, FIRST CHICAGO CORP. REPORT BIG QUARTERLY LOSSES
From of Commerce Staff |
Chase Manhattan Corp. reported a second quarter loss of $1.4 billion, reflecting the effect of a pre
BRAZIL SEEKS ZERO-SPREAD DEBT FINANCING
(Ap) |
Brazil will resume payments on its $111 billion foreign debt only after creditor banks agree to ref
REICHHOLD UNIT PLANS FORMALDEHYDE PLANT
Journal of Commerce Staff |
Reichhold Ltd., a subsidiary of Reichhold Chemicals Inc., announced plans to build a C$7.1 million (
PLASTICS CORNER OUTLOOK FAVORABLE FOR COEXTRUDED FILMS
Journal of Commerce Staff |
Coextruded films are expected to capture 25 percent of the 6.7 billion pound polyethylene film marke
CHEMICAL MARKETS ESSEX CHEMICAL RAISES FLUOROCARBON PRICES
Journal of Commerce Staff |
Essex Chemical Corp. announced across-the- board price increases for packaged refrigeration grade fl
STRONG DEMAND TO GIVE JOLT TO ELECTRONIC CHEMICALS MART
Arnaldo Arroyo |
The U.S. market for electronic chemicals is expected to climb sharply over the short term, spurred b
MARITIME BRIEFS
From Wire and Staff Reports |
ILA Local 333 Loses World Yacht ElectionLocal 333, United Marine Division of the Internation
Maritime
FAIRCHILD INDUSTRIES RESTATES PLANS TO SELL AIRCRAFT SUBSIDIARIES
Dave Higdon |
Two Fairchild Industries Inc. board members have breathed new life into the company's restructuring
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
Senate Set to Clear FAA, DOT NomineesThe Senate Commerce, Science and Transportation Committ
Air Cargo
TRUCKING BRIEFS
From Wire and Staff Reports |
Sen. Danforth Praises Truck Safety ProposalsWASHINGTON - Sen. John Danforth, R-Mo., praised
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
922.0 (July 13) Previous day - 923.5 The Baltic International Freight Futures Exchange in Lo
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 13 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
WEEKLY TRUCK TONNAGE INDEX
JOC Staff |
The following index charts weekly changes in motor carrier tonnage originatingfrom 49 produc
Trucking News
NORTH AMERICAN CARRIERS IN GRIPS OF BUYING FEVER
Andrew Tausz |
Truckers are afflicted these days with acquisitionitis." At least that's the term Dick Baker, presid
Trucking News
SHIPPERS URGE AGENCY TO REJECT RATE INCREASE
Leo Abruzzese |
Shippers are asking the Interstate Commerce Commission to reject a proposed 2.5 percent rate increas
Trucking News
NEW ALLISON DIESEL ENGINE A SELL-OUT IN ITS FIRST YEAR
Michael S. Lelyveld |
The Detroit Diesel Allison Division of General Motors may have lost a name but it seems to be winnin
Trucking News
VOTE SET ON HOUSTON BOND ISSUE
Journal of Commerce Special |
After months of planning, Harris County Commissioners Court has finalizedplans for a bond el
Maritime
GLEASON VOICES CONCERN FOR DOCKERS' FUTURE
Marie Prat |
Thomas W. Teddy" Gleason Sr., who is retiring as president of the International Longshoremen's Assoc
Maritime
TUNG GROUP SHOWS GAINS
P.T. Bangsberg |
After an agonizing 16 months of financial restructuring, one of Hong Kong's premier shipping groups
Maritime
ITALIAN PROVINCE STRUGGLES TO FIND IDENTITY
Erich E. Toll |
Every year some 2 million West German tourists descend upon this Italian province of Sudtirol.
FUNDING PROPOSED FOR VACCINE PROGRAM
Leah R. Young |
A House Ways and Means subcommittee agreed Monday to suggest either an excise tax on childhood vacci
MET LIFE PAVES ROAD TO SPAIN
Journal of Commerce Staff |
Metropolitan Life Insurance Co. and Banco de Santander announced a joint venture to form an insuranc
CONFUSION GROWS OVER AUTO MART IN MASSACHUSETTS
TOM McNIFF Jr. |
Another surprising business connection has surfaced in the ongoing Massachusetts auto insurance mess
GARMENTS ADVANCE DESPITE EXCLUSION
Journal of Commerce Special |
Jamaica's garment industry has grown even though the country's apparel exports are denied preferenti
Maritime
LOWE'S RECALLS BUG ZAPPERS
Journal of Commerce Staff |
Lowe's Companies Inc. is recalling its electric insect killers, the Consumer Product Safety Commissi
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurance Group Lauds Truckers' License RuleWASHINGTON - The National Association of Profess
NEW PRODUCTS MARKETPLACE
JOC Staff |
Japanese Firm Offers Magnetic Steel SheetOne of Japan's steel giants has developed a magneti
Maritime
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