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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
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
SOVIET UNION JOINS COMMODITY FUND
JOC Staff |
The Soviet Union announced that it is joining the Common Fund for Commodities, virtually completing
Maritime
FRENCH FREIGHTER ATTACKED OFF SAUDI ARABIAN COAST
(Ap) |
Two Iranian gunboats attacked the French freighter, Ville d'Anvers, with rockets and machine gun fir
Maritime
JAPAN TO BRIEF USON EFFORTS TO CURB EXPORT VIOLATIONS
A.E. Cullison |
Minister of International Trade and Industry Hajime Tamura is scheduled to arrive in Washington toda
Maritime
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
FINANCIAL BRIEFS
From Wire and Staff Reports |
Eurobond Prices Recover SharplyEurobond prices recovered sharply Monday and a small market w
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
INSURANCE BRIEFS
From Wire and Staff Reports |
Insurance Group Lauds Truckers' License RuleWASHINGTON - The National Association of Profess
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
DOLLAR DRIFTS LOWER, EXCEPT AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar drifted lower Monday against all key currencies except the Japanese yen. Ana
CONGRESS IN REVOLT SPURS AIRLINE CONSUMER ACTION
Dave Higdon |
The airline industry expected to spend a lot of time and effort this year dealing with Congress as t
Air Cargo
US PREPARES FOR GULF ESCORT
Chicago Tribune |
In the shimmering heat of the Arabian Sea, against the backdrop of scorched brown mountains, U.S. Na
Maritime
PAINEWEBBER RATES STOCK OF FIREMAN'S FUND A BUY
Journal of Commerce Staff |
PaineWebber analysts continue to rate the stock of Fireman's Fund Insurance Co. a buy two weeks afte
CANADA OK'S SALE OF UTILITY TO UTILICORP
Brian Lewis |
The British Columbia Utilities Commission has granted approval to UtiliCorp. Inc. of Kansas City, Mo
HONG KONG COMPANY EXPANDS US PRESENCE
P.T. Bangsberg |
A major Hong Kong electronics manufacturer is broadening its U.S. presence through a joint venture b
Maritime
US SHIP LINES WIN RIGHTS IN TAIWAN
JAMES McGREGOR |
The government of Taiwan announced Monday that foreign-flag shipping compa nies are eligible to oper
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
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
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
BALTIC FREIGHT INDEX
JOC Staff |
922.0 (July 13) Previous day - 923.5 The Baltic International Freight Futures Exchange in Lo
Maritime
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
CUSTOMS UPDATE
JOC Staff |
MERCHANDISE PROCESSING FEE. Customs wishes to add the following information to its earlier bulletin
Maritime
FARM BELT CONGRESSMAN CALLS FOR INCREASE IN GRAIN PRICES
(Ap) |
Standing before a wall of breakfast food, a Farm Belt congressman called Monday for action to raise
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Australian business reacted generally favorably to the return to power of the L
SANTA FE REALIGNS OPERATIONS
Journal of Commerce Staff |
The Santa Fe Railway realigned its operating territories and made several supervisory changes to cut
Rail News
TANKER WAR SHIP LOSSES TOTAL 8 MILLION TONS
(Ap) |
Iranian and Iraqi attacks in the Persian Gulf have destroyed 8 million tons of shipping, one third o
Maritime
CANADA SEEKS TO REVERSE ITS RELIANCE ON US CARS
Mark Wilson |
Canadian railroads have become reliant on surplus U.S. equipment for a sizeable portion of their fre
Rail News
KUWAITI TANKERS HELD SAFE, THOUGH FAILING US STANDARDS
TOM McNIFF Jr. |
Some of the Kuwaiti tankers due to come under U.S. flag will not initially meet some Coast Guard ins
Maritime
FRANK B. HALL NAMED IN SUIT
Journal of Commerce Staff |
Frank B. Hall & Co. said it was named in a suit seeking at least $120 million in damages over allega
TAIWAN POWER TO TEST COAL FROM ALASKA
Gloria Joseph |
Taiwan is the next Pacific Rim nation in line to receive Alaskan coal, announced Usibelli Coal Mines
CHINESE SEEN SHORT OF GRAIN OPTIONS INCLUDE BOOSTING IMPORTS OR LIMITING USAGE
Knight-Ridder Financial |
Foreign agricultural experts differ widely in their forecasts on the quantity of feed grains China w
Maritime
DAIMLER-BENZ CHIEF, BREITSCHWERDT, TO RESIGN
(Ap) |
Daimler-Benz AG Chairman Werner Breitschwerdt announced plans to resign as chief executive of West G
SHARP CURRENCY RISE HITS S. KOREAN EXPORTS
P.T. Bangsberg |
The rise in the value of South Korea's currency is beginning to affect the country's exports to the
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FREIGHT RATE FUTURES
JOC Staff |
July 13 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
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
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