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HEDGING DULLS PRICE IMPACT OF DOLLAR FALL
Kevin Commins |
The growth in currency hedging and the trend toward worldwide sourcing by manufacturers is buttressi
FINANCIAL BRIEFS
From Wire and Staff Reports |
Privatbanken to Buy American Express UnitCOPENHAGEN, Denmark - Privatbanken, Denmark's third
P&O GAINS FULL CONTROL OF CARRIER DEAL TO WIDEN ROLE OF UK SUBSIDIARY IN NORTH ATLANTIC
Bruce Barnard |
P&O Containers Ltd., the United Kingdom's largest container shipping company, became a major force o
EVERYONE WANTS TO HELP BUILD PHILIPPINE COAL-FIRED POWER PLANTS
Noel Fletcher |
All of a sudden, it seems everyone wants to help the Philippines build coal- fired power stations.
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
CARIBBEAN ISLANDS EXPECT GAINS FROM FEDERATION
Canute James |
A political federation planned by six small eastern Caribbean islands is expected to strengthen thei
Maritime
LARGE LOANS SPARK FEARS OF INFLATION IN JAPAN
A.E. Cullison |
Bank of Japan officials are worried that steadily climbing loans to individuals by the nation's priv
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Flying Tigers Contends Its Plane on Right PathA Flying Tigers Boeing 747 cargo plane that co
Air Cargo
TRUCK-TRAIN CRASH TOLL IN ZAIRE RISES TO 128
(Ap) |
Three victims of a truck-train collision were buried Monday, bringing the death toll to 128 in one o
Rail News
NEW SERVICE SURVEYS USE OF YELLOW PAGES
Journal of Commerce Staff |
Survey Sampling Inc. announced the first independent audience measurement service for Yellow Pages.<
'CHUNNEL' SHARES MAY BE OFFERED TO JAPANESE
A.E. Cullison |
Japanese investors will be provided the opportunity to purchase shares in the joint Anglo-French pro
Rail News
MORTGAGE RATES SLOW THEIR CLIMB
(Ap) |
Home mortgage interest rates increased for the third consecutive month in June, but the rate of incr
MANY QUESTION FEASIBILITY OF AGRICULTURAL EXPORT PLAN
Keith M. Rockwell |
The agricultural export plan unveiled by the Reagan administration Monday met skepticism on Capitol
DRY CLEANERS FAULT TEXTILE, APPAREL IMPORTS
Journal of Commerce Staff |
U.S. dry cleaners are seeing a significant rise in garment color damage among imported items, a rece
Maritime
TIGHTER SUGAR QUOTA SOUGHT
Katarina Toll |
U.S. sugar producers are seeking more restrictions on imports of sugar- containi ng products, saying
Maritime
CHINA'S TEXTILE EXPORTS ROSE 35 PERCENT IN FIRST HALF
P.T. Bangsberg |
Textile exports by China in the first half of the year were up 35 percent over the corresponding per
Maritime
CHINA SAYS ISLAND WILL BE GOLD CENTER
P.T. Bangsberg |
The island of Hainan off China's southern coast is targeted to be the country's principal gold-minin
INSURANCE BRIEFS
From Wire and Staff Reports |
Unity Mutual to Buy Interest in Life InsurerSYRACUSE, N.Y. - Unity Mutual Life Insurance Co.
TAIWAN TO LIFT BAN ON STRIKES
(Ap) |
The government will lift its 38-year-old ban on labor strikes after martial law is scrapped, the int
Maritime
CHEMICAL MARKETS
Journal of Commerce Staff |
Dow Increases Price Of Methylene ChlorideMIDLAND, Mich. - Dow Chemical U.S.A is increasing t
CONFERENCES HOPE LINE RETURNS
Bill Mongelluzzo |
Shipping conferences and carriers in the Pacific and Atlantic trades reacted positively to an announ
Maritime
BRAZIL DEBT TALKS SET FOR JULY 21
Knight-Ridder Financial |
A Brazilian government team will initiate long-expected debt renegotiations July 21, a Brazilian Fin
SCI TO LAUNCH LISBON BOX SERVICE
Chris Dupin |
Shipping Corp. of India is beginning a new express container service to Lis bon, Portugal. It has a
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
Documentation Preparation for Export and Import. July 8-10, World Trade Institute, 55/F World Trade
Maritime
QUIET EVERGREEN GOES ON THE OFFENSIVE COMPANY TO DEFEND MARKET POSITION
Mark Magnier |
The Evergreen Group says it's tired of getting kicked around and isn't going to take it anymore.
Maritime
US DOLLAR DECLINE, LOWER SHIP RATES HURT '86 PROFITS
Mark Magnier |
Evergreen Group reported 1986 net income of $54 million on revenue of $1.2 billion, compared with 19
Maritime
CLEARANCE RULES APPLY IN FRESNO
Journal of Commerce Staff |
California's requirements for minimum clearances from obstructions and regulation of inspection walk
Rail News
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
COST OF CREDIT
JOC Staff |
Fri., July 3, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
CALIF. LAUNCHES PROGRAM AIMED AT MOTORCYCLE SAFETY
(Ap) |
A safety program aimed at reducing California's motorcycle accident rate, now 30 percent higher than
Trucking News
THE ECONOMY REAGAN'S 'BILL OF RIGHTS' ASSAILED
John Boyd |
President Reagan proposed an Economic Bill of Rights to increase his budget power and limit congress
AUTOMAKERS ACCELERATE INSTALLATION OF AIR BAGS
Russ Banham |
Get ready for an air bag revolution. Starting with next year's models, the major auto manufa
US AUTOMOBILE SALES ACCELERATE IN NORWAY
Journal of Commerce Staff |
The decline in the value of the U.S. dollar has boosted sales of U.S. automobiles in Norway, Norwegi
Maritime
25 YEARS LATER, TELSTAR REMEMBERED
(Ap) |
The success of Telstar a quarter century ago sent sober scientists at Bell Telephone Laboratories i
Air Cargo
EASTERN TOLD NOT TO MOVE GROUND CREWS
(Ap) |
A federal judge issued a preliminary injunction ordering Eastern Airlines not to transfer unionized
Air Cargo
MEXICAN STOCK MARKET OUTPERFORMING ALL OTHERS
(Ap) |
The Mexican economy, darkened by triple-digit inflation, huge foreign debt payments and volatility i
RURAL ROADS HAVE WORST TRUCK ACCIDENT RATE
Leo Abruzzese |
Fatal truck accidents occur twice as often on small rural roads as on interstate highways, a major n
Trucking News
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
TRADING VOLUME INCREASES AT CBT
Knight-Ridder Financial |
Volume in futures and options trading at the Chicago Board of Trade reached a monthly record of 10.7
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