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SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
SKY'S THE LIMIT IN TOKYO STOCKS
James Russell |
If the U.S. stock market is in the stratosphere, the Japanese market is in never-never land. The U.S
BILL MONGELLUZZO'S INSIDE TALK FROM THE WEST COAST
Bill Mongelluzzo |
MORE GOOD NEWS is reflected in the latest quarterly financial figures for the neighboring ports of L
Maritime
MARKETS REGAIN THEIR COMPOSURE
Gordon Platt |
U.S. financial markets rebounded Wednesday from Tuesday's selloff on news Paul Volcker would be leav
GREENSPAN SEEN OPEN TO VIEWS ON LDC DEBT
Bernard J. Wolfson |
The retirement of Paul A. Volcker from the Federal Reserve Board could breathe new life into a flagg
BRIDGE OVER THE WILLAMETTE RIVER
JOC Staff |
New $28 million Burlington Northern bridge over Willamette River in Portland, Ore., will be the long
Rail News
ARGENTINA'S STATE RAILROADS RUN UP BIG ANNUAL DEFICITS
Jeremy Morgan |
Argentina's state railroads ran up annual deficits averaging $1.22 billion during the first half of
Rail News
BANK DEREGULATORS GAIN AN ALLY
Edward Kean |
Alan Greenspan is expected to be more receptive to efforts to deregulate the banking industry than o
BIAGGI INDICTED FOR RACKETEERING
(Ap) |
U.S. Rep. Mario Biaggi, his son and five others were indicted Wednesday on racketeering charges stem
Maritime
KUWAITI TANKERS' OWNERSHIP TRANSFERRED TO DEL. COMPANY
From wire reports) |
The ownership of 11 Kuwaiti oil tankers being placed under the U.S. flag has been transferred to a U
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
Pennwalt Offers Free Pseudo Steam EngineWYANDOTTE, Mich. - Pennwalt Corp., owner of the form
Rail News
US SHIPS TO LEAVE FOR MIDEAST
(Ap) |
A carrier battle group scheduled to leave on a Mediterranean tour this weekend will include a replac
Maritime
MARITIME BRIEFS
JOC Staff |
S. Korea Opens Doors To Foreign Ship LinesSEOUL, South Korea - Foreign shipping companies wi
Maritime
JAPANESE CAN'T FUND GULF EFFORT
(Ap) |
Japan cannot provide funds to help support U.S. efforts to protect ships in the gulf because of cons
Maritime
HOUSE APPROVES MARITIME FUNDS
(Ap) |
The House passed a $391.3 million plan for maritime programs amid warnings that continued decline of
Maritime
HISTORY, LAW BACK FREEDOM OF NAVIGATION
(Ap) |
Free navigation, which the United States says it is defending in the gulf, has been at the center of
Maritime
PORTS HAIL BILL OF LADING PLAN
Robert F. Morison |
Port officials praised the Customs Service's decision to require ocean carriers to adopt by Jan. 1 a
Maritime
MOST TRUCKLOAD FLEETS STAND BY 55 MPH LIMIT
Michael S. Lelyveld |
Most of the nation's largest truckload carriers say they will abide by the 55- mile-per-hour speed l
Trucking News
TRUCKING BRIEFS
From Wire and Staff Reports |
Chrysler Truck Sales Set Record in PeriodDETROIT - Chrysler Motors reported total truck sale
Trucking News
FREIGHT RATE FUTURES
JOC Staff |
June 3 Baltic International Freight Futures ExchangePrev.Close High Low
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1024.5 (June 3) Previous day - 1047.0 The Baltic International Freight Futures Exchange in L
Trucking News
ALGONQUIN GAS SEEKS OK ON PLAN
Journal of Commerce Staff |
Algonquin Gas Transmission Co. asked the Federal Energy Regulatory Commission for approval of new ra
GASOLINE INVENTORIES ON A SEASONAL SLIDE
Journal of Commerce Staff |
Gasoline inventories continued their normal seasonal decline, according to the latest weekly supply
SHELL GASOLINE TANK BLAZE UNDER CONTROL IN FRANCE
(Ap) |
A fire that raged through a gasoline storage yard for more than 20 hours was brought under control W
IU INTERNATIONAL ALIVE AND HEALTHY AFTER RESTRUCTURING
Tom Belden |
If you have read the financial news pages casually in recent years, you might think that not much wa
Trucking News
ENERGY BRIEFS
Wire and Staff Reports |
EC Officials Optimistic On Mideast Oil SupplyEuropean Community energy ministers concluded t
EGYPTIAN WELL TESTS SUCCESSFUL
Journal of Commerce Staff |
Subsidiaries of Texas International Co., Oklahoma City, and Conoco Inc., Wilmington, Del., working w
METHANOL GETS GREEN LIGHT AS FUEL IN CALIFORNIA CARS
Journal of Commerce Staff |
The California Energy Commission Wednesday unveiled the state's first vehicles that can run on gasol
OPEC COULD BOOST OIL INCOME WITH PRICING CHANGE, REPORT SAYS
Knight-Ridder Financial |
Crude oil prices would have risen more than 6 percent this year in U.S.dollars and nearly 39
ARGONNE, BLACK HILLS P&L IN CARBON DIOXIDE PROJECT
Journal of Commerce Staff |
Argonne National Laboratory in Illinois and the Black Hills Power & Light Co. in South Dakota have j
KENTUCKY STUDY SAYS MINE COSTS SHOULDN'T RISE
Tim Sansbury |
Coal in Harlan County, Ky., one of Appalachia's most prolific coal producing counties, can be mined
EX-OIL EXECUTIVES SPUR SMALL BUSINESS BOOM
(Ap) |
When Chevron took over Gulf Oil in 1985, Frank Dickson and Joe Synan had a choice. They could move t
EXXON AGREES TO POLLUTION RULES
(Ap) |
Exxon has agreed to tight air-pollution restrictions for a $2.5 billion offshore oil and gas develop
ENERGY BRIEFS
Wire and Staff Reports |
UAE Economy Bounces Back From Oil SlumpABU DHABI, United Arab Emirates - The United Arab Emi
COPYRIGHT LAW A HOT ISSUE IN THAILAND
P.T. Bangsberg |
A four-hour meeting by senior Thai officials seeking to break an impasse overcopyright prote
Maritime
JAPANESE GET APOLOGY FOR TAINTED TOBACCO
(Ap) |
The president of R.J. Reynolds-M.C. Tobacco Co. apologized to the Japanese people Wednesday for the
Maritime
US CHIP MAKERS VOW TO BOOST SALES IN JAPAN
(Ap) |
U.S. computer chip makers have invested millions of dollars and adopted Japanese cultural practices
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
Bankers Trust, Exxon Plan Tokyo BrokerageNEW YORK - Bankers Trust New York Corp. and Exxon C
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