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VENEZUELA BASES NEW BUDGET ON HIGHER OIL REVENUES
(Ap) |
The government presented Congress with a preliminary 1988 budget based on oil income of $9.1 billion
KUWAIT WILL RESUME LPG SALES TO JAPAN
Journal of Commerce Staff |
Kuwait will resume exports of liquefied petroleum gas to Japan this month with a shipment of 45,000
ALASKA COUNCIL ENDORSES CONCEPT OF GAS PIPELINE
Gloria Joseph |
To bolster the profile of the Alaskan natural gas pipeline project, the Resource Development Council
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Superconductor market is pegged to grow with advances in the technology. Page 2
MARAD BENDS ON SHIP INSURANCE
Robert F. Morison |
The Maritime Administration for the first time has agreed to permit underwriters other than U.S. or
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
MARITIME CALENDAR
JOC Staff |
National Research Council's Transportation Research Board. 12th annual summer conference on ports, w
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
Symposium Scheduled July 26-28 in ChicagoPublic policy on rail rationalization and the futur
Rail News
SEA-LAND POSTS ROSIER RESULTS
Mark Magnier |
Sea-Land Corp.'s improved second quarter performance is principally theresult of higher rates and gr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 2 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
NETUMAR SHIFTS NY OPERATIONS
Rose A. Horowitz |
Yes, New York City has the bananas. But not much else. Bananas and other tropical fruits are
Maritime
PEPPER VOWS VOTE ON LONG-TERM CARE
Leah R. Young |
House Rules Committee Chairman Claude Pepper, D-Fla., will force the House to vote on long-term care
ROUGHNECKS TRADE TODAY'S WAGES FOR TOMORROW'S PROFITS
(Ap) |
A few oil-rig roughnecks thrown out of work by the depression in the industry are back on the job, e
COAL EXPORTS ARMY CORPS BEGINS DEEPENING MISSISSIPPI SHIPPING CHANNEL
Tim Sansbury |
The U.S. Army Corps of Engineers began work this week on a $45 million project to deepen the Mississ
CALIF. WINE INDUSTRY BUBBLES WITH CHANGES
(Ap) |
The California wine industry is in one of the most turbulent periods in its history, with jug wines
Maritime
WASHINGTON: CONSUMPTION 'CAPITAL'
(Ap) |
Residents of the District of Columbia drink wine at more than three times the national rate, while A
Maritime
CARICOM EXPECTS TO LAUNCH EXPORT BANK IN JANUARY
Canute James |
A new institution to finance trade in the Caribbean Economic Community is expected to be launched in
Maritime
COURT SENDS JUICE AD CASE BACK FOR RECONSIDERATION
(Ap) |
A federal appeals court ordered a lower court to reconsider Coca-Cola Co.' sobjections to Procter &
S. KOREA REAPS BENEFITS OF CHIP RIFT
Lewis M. Simons |
The ongoing semiconductor conflict between the United States and Japan is proving a boon to South Ko
NIHON SOGO MONOPOLIZES YEN BOND TRADE
Cynthia Owens |
Unlike the U.S. Treasury securities market, where several brokerage companies compete for trades bet
FINANCIAL BRIEFS
From Wire and Staff Reports |
UK Official Reserves Declined in JuneLONDON - Britain's official reserves declined an underl
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS
Journal of Commerce Staff |
Benzene Output Up, Xylene Off in QuarterProduction of benzene and toluene rose in the first
AIRLINES ORDERED TO PAY CHICAGO FUEL TAX INTEREST
(Ap) |
A state judge has ruled that the airlines which refused to pay Chicago's new fuel taxes while unsucc
Air Cargo
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
WASHINGTON For the week ended June 20 total piggyback freight hauled on the nation's major railroads
Rail News
NEW PRODUCTS MARKETPLACE
JOC Staff |
Printed-Circuit Board Assembly Time CutA British company has developed two machines that red
Maritime
NIMITZ COMES HOME
JOC Staff |
The USS Nimitz, flagship of the nation's nuclear-powered fleet, steams through Puget Sound to ancho
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
Oakland Port Director Wins Transport AwardWalter A. Abernathy, executive director of the por
Maritime
FLA. EXCHANGE GETS NEW LEASE ON LIFE
C.A. Carpenter |
The Miami insurance exchange will work very hard" to gain investor confidence now that a potential p
HIGHLY LIQUID MARKET MAY DEVELOP IN JAPAN
Kevin Commins |
As the Japanese begin to trade foreign futures contracts on a large scale, a more important phenomen
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
IT WAS A TIME FOR TRIBUTE at the Joint Economic Committee, where Sen. Paul Sarbanes, D-Md., this wee
PILGRIM EMERGENCY PLANS REPORTEDLY HELD INADEQUATE
Journal of Commerce Special |
The Federal Emergency Management Agency staff is preparing a report that says the Pilgrim nuclear pl
DEL. OFFICIALS PRAISE RULING UPHOLDING COAL LOADING BAN
(Ap) |
The Third Circuit Court of Appeals in Philadelphia upheld a Delaware law that has been used to stop
NIGERIA EXPANDS ACCESS TO MINING
Howard Schissel |
To boost coal output, Nigeria - Africa's largest oil producer - has opened coal mining to private o
AQUINO ADVISED ON UNREST
Richard Gourlay |
A wave of unresolved strikes and other labor unrest may derail the Philippines' incipient economic r
Maritime
CHINA'S REFORMS MOVE AHEAD
(Ap) |
The Communist Party this fall will institute democratic-minded reforms, such as decentralization of
Maritime
STOCKS SURGE AS DOLLAR GAINS
Gordon Platt |
Stock prices rose sharply Thursday, as the dollar firmed and bond prices advanced. Analysts
CROSFIELD ACQUIRES METASILICATE PLANTS
Journal of Commerce Staff |
Crosfield Chemicals Inc. has acquired the metasilicate assets of Stauffer Chemical Co., which was re
TNT HOPES ACQUISITION WILL INCREASE US PROFITS
Vincent W. Stove |
Australia's transport giant TNT hopes to improve its U.S. operations following the purchase by Austr
Air Cargo
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