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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
STOCKS FALL ON PROFIT-TAKING
Gordon Platt |
Stocks declined on profit-taking late Thursday, after trading aimlessly for most of the session.
EC OFFICIAL URGES JAPAN TO OPEN CAPITAL MARTS
(Ap) |
A top European Community official Thursday warned that Japan's failure to open its capital markets
IRAN: SAVE US FLAGS FOR SOLDIERS' COFFINS
(Ap) |
Iran warned the United States Thursday not to go ahead with reflagging Kuwaiti tankers to protect th
Maritime
UN VOTE ON ARMS BAN POSTPONED
Chicago Tribune |
The United States failed to rally the support of other members of the United Nations Security Counci
Maritime
AIR FRANCE CHALKS UP SOLID FIRST-HALF GAINS
Howard Schissel |
Air France, the French state-controlled airline, chalked up excellent results during the first half
Air Cargo
MEXICO'S CRUDE INCOME SURPASSES EXPECTATIONS
WILLIAM A. ORME Jr. |
Rising prices pushed Mexico's crude oil export income to $3.92 billion during the first half of 1987
ENERGY BRIEFS
Wire and Staff Reports |
China to Help OPEC Stabilize Oil MarketChina has reiterated that it will continue to coopera
UNCTAD PARLEY OPENS WITH CALL FOR ACTION
(Ap) |
A mammoth conference on North-South economic relations, comprising more than 3,000 delegates from 15
SWISS BANK, UK GROUP MAY MERGE
Janet Porter |
Union Bank of Switzerland, one of the big three Swiss banks, is bidding to acquire the Hill Samuel G
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
QUOTA WATCH
JOC Staff |
Current Textile Quotas Where the Average Recent Utilization Rate Indicates Full QuotaUtiliza
Maritime
OUTLOOK BRIGHT FOR SALMON HARVEST
Journal of Commerce Staff |
Canadian commercial fishermen will harvest more salmon return ing to two northwestern British Columb
Maritime
NEW BRITAIN MIXED ON ECONOMIC POLICY
John Boyd |
A presidential visit had residents of this beleaguered manufacturing city feeling proud for the mome
TRADE FINANCING HAS SOME RISKS
Mark Magnier |
Although trade finance is generally secured by the goods being imported or exported, several types o
TAIWAN TO LIFT MANY CONTROLS ON CURRENCY
JAMES McGREGOR |
The government will formally lift many foreign exchange controls next Wednesday in a bid to cut its
SEAWAY POSTS 14 PERCENT INCREASE IN SHIPPING
(Ap) |
Despite operating at below half capacity, shipping on the St. Lawrence Seaway for the first half of
Maritime
ASEAN NATIONS SEEK TO FORGE CLOSER TIES
P.T. Bangsberg |
In what one member calls a crucial" meeting, economic leaders of the six major countries of Southeas
SABIC WON'T STIR UP JAPANESE MARKET
Journal of Commerce Staff |
Saudi Basic Industries Corp. - Sabic - will avoid disrupting pricing levels in the Japanese market f
ACADEMY OFFERS BOAT YARD COURSE
Journal of Commerce Special |
The Maine Maritime Academy next September will become the nation's first such school to diversify it
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
AVIATION BRIEFS
From Wire and Staff Reports |
Flying Tiger to Lease 747 from GPA GroupFlying Tiger Line Inc. signed a long-term lease agre
Air Cargo
MARITIME CALENDAR
JOC Staff |
U.S. Maritime Academy Alumni Association. Marine insurance luncheon Sept. 16 at the Downtown Athleti
Maritime
HARRY NEWMAN - THE BUSINESSMAN'S BARD
Bill Mongelluzzo |
The life of the successful American businessman is not always what it appears to be. Behind
RUSS BANHAM'S INSIDE TALK ON INSURANCE
Russ Banham |
IT'S TOTALLY UNDERSTANDABLE why Congress will soon take a closer look at state regulation of insuran
INSURANCE BRIEFS
From Wire and Staff Reports |
Calif. Insurers at Odds On Backing Cost CutsSACRAMENTO, Calif. - California insurers aren't
FUTURE STILL UNCERTAIN FOR US COAL INDUSTRY
(Ap) |
The long slump appears to be over for most of the U.S. mining industry, but a trade association offi
COAL-FIRED PLANT SPEWS ASH OVER CITY IN CONNECTICUT
(Ap) |
A thick cloud of coal ash left up to a quarter of an inch of soot in some areas Wednesday night aft
TUPPERWARE PRODUCTS MADE IN US
Journal of Commerce Staff |
Tupperware Home Parties Inc. of Orlando, Fla., confirmed that its items sold in the United States ar
Maritime
CALIF. PORTS PLANNING EXPANSIONS
Maureen Robb |
San Francisco Bay area ports are planning several expansion projects at their airport and marine ter
Maritime
JAPANESE LINES PIN HOPES ON REAL ESTATE
Roger Schreffler |
Major Japanese steamship lines are turning landlord as they are being forced to direct more of their
Maritime
MUNICIPAL BOND FRAUD COULD AFFECT INSURERS
Knight-Ridder Newspapers |
The Securities and Exchange Commission has started its largest investigation ever into the nation's
TRUCKING BRIEFS
JOC Staff |
Volvo GM to Build Va. Import FacilityGREENSBORO, N.C. - Volvo GM Heavy Truck Corp. said it i
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
923.0 (July 9) Previous day - 919.5 The Baltic International Freight Futures Exchange in Lon
Trucking News
NEWS OF TANKER ATTACK BOOSTS CRUDE FUTURES
Knight-Ridder Financial |
August crude oil futures rose 36 cents a barrel to close at $21.24 Thursday on the New York Mercanti
MASS. CHIEF RESIGNS OVER AIDS TEST PLAN
C.A. Carpenter |
The Gay and Lesbian Advocates and Defenders in Boston consider the resignation of Peter Hiam as stat
CUMBERLAND FARMS SEEKS $6 MILLION FOR RI DEPOT
TOM McNIFF Jr. |
Cumberland Farms Inc. is seeking $6 million for a former Gulf Oil Corp. storage depot in East Provid
LIFE EXPECTANCY RISES IN JAPAN
(Ap) |
The average life expectancy of Japanese rose to 75.23 years for men and 80.93 years for women in 198
ROGER CORNWELL TO HEAD TRANS FREIGHT LINES
William Armbruster |
Roger Cornwell, a veteran British shipping executive, will be named president of Trans Freight Lines
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