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NY JOBLESS RATE FALLS TO 5.6 PERCENT
JOC Staff |
Fewer young workers entering the job market contributed to a decline in the state's unemployment ra
JAPAN STILL TOPS IN CREDIT RANKING
(Ap) |
The United States, long the No. 1 one favorite of international bankers, is No. 4 behind Japan, West
THE ECONOMY MACHINE TOOL ORDERS DROP 31 PERCENT
From Wire and Staff Reports |
Net new orders for U.S. machine tools fell to $145.1 million in February, a 31 percent decline from
JOFC NAMES DEVINE VP, PACIFIC OF 2 UNITS
Journal of Commerce Staff |
James E. Devine IV has been named vice president, Pacific, for the Transax/ RATES and PIERS subsidia
ANALYSTS SEE US INFLATION GAINING STEAM
Knight-Ridder Financial |
U.S. inflation is on the rise, despite a moderation of consumer price increases in February, and wil
RISK & INSURANCE MANAGEMENT SOCIETY
JOC Staff |
Top Stories The incoming and outgoing presidents of the Risk and Insurance Management Societ
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Consumers paid 0.4 percent more for goods in February. Page 3AU.S. inflation i
Maritime
SEA-LAND TO PAY $125 MILLION FOR USL ROUTE
Gregory S. Johnson |
Sea-Land Corp. will pay $125 million for the Hawaii-Guam leg of United States Lines' trans-Pacific s
WEEK AHEAD
From Wire and Staff Reports |
Forthcoming Figures WASHINGTON - The Commerce Department issues its monthly report on single
AIRLINES PRIVATIZING WORLDWIDE
Bruce Barnard |
The world airline industry, supported from birth by indulgent taxpayers, is being dragged into the h
ANALYSTS SPLIT ON RATES
RIPLEY WATSON Jr. |
The first quarter is ending with little change in interest rates during the period, leaving credit m
SENATE VOTE KEY TO HIGHWAY BILL
David M. Cawthorne |
The Senate will settle the fate this week of the highway and mass transit legislation vetoed by Pres
SCHULTZ RESIGNS AS HEAD OF AAPA
Robert F. Morison |
Donald J. Schultz resigned as president of the American Association of Port Authorities after only s
ASIA'S TIGERS WELCOME US GOODS
John Davies |
Taiwan, Hong Kong, South Korea and Singapore are slowly open ing their markets to U.S. products beca
Maritime
SOVIET VENTURE BANKRUPT
(Ap) |
The Tass news agency said a Leningrad construction bureau that failed to keep pace with the Soviet U
Maritime
ARGENTINA APPEARS INTENT ON PACT WITH UNIONS
Jeremy Morgan |
President Raul Alfonsin still seemed intent on recruiting an opposition Peronist union leader as lab
Maritime
WEST COAST BRIEFS
From Wire and Staff Reports |
Brix to Step Down As Portland Port ChiefPORTLAND, Ore. - Peter Brix, Port of Portland Commis
Maritime
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
US TRADE BILL SENDS MESSAGE ABROAD
(Ap) |
Rep. Dan Rostenkowski said the trade bill approved by his House Ways and Means Committee sends Japan
Maritime
EXPORTS HELP BOOST UK TRADE POSITION
Janet Porter |
A surge in exports last month pushed Britain's surplus on trade in goods and services with the rest
Maritime
IMC STICKING WITH FERTILIZERS BIG PRODUCER SEES INCREASED DEMAND FROM RISING POPULATION
Arnaldo Arroyo |
George D. Kennedy, chairman and chief executive of International Minerals & Chemical Corp., is const
C.A. CARPENTER - INSIDE TALK ON INSURANCE
C.A. Carpenter |
USING THE STRENGTH of New York state's insolvency fund to market insurance is against the law, but t
ASIA'S TIGERS WELCOME US GOODS
John Davies |
Taiwan, Hong Kong, South Korea and Singapore are slowly open ing their markets to U.S. products beca
Maritime
BILL SENDS MESSAGE OVERSEAS
(Ap) |
Rep. Dan Rostenkowski said the trade bill approved by his House Ways and Means Committee sends Japan
Maritime
RISE OF TAIWAN DOLLAR NOT EXPECTED TO HELP US
(Ap) |
Further strengthening of the Taiwan dollar against the U.S. dollar will not help lower the overall U
Maritime
SOVIET VENTURE BANKRUPT
(Ap) |
The Tass news agency said a Leningrad construction bureau that failed to keep pace with the Soviet U
Maritime
NUCLEAR INDUSTRY INSURERS WARN AGAINST LAW CHANGE
Leah R. Young |
Companies insuring the nuclear power industry told Congress that liability coverage cannot be mainta
TAIWAN: RISE IN CURRENCY WON'T AID US
(Ap) |
Further strengthening of the Taiwan dollar against the U.S. dollar will not help lower the overall U
Maritime
DOLLAR EASES IN CHOPPY TRADING
Knight-Ridder Financial |
The U.S. dollar eased in choppy trading Thursday as market participants weighedconflicting reports c
CONRAIL RACES AHEAD AS STOCKS ADVANCE
RIPLEY WATSON Jr. |
Conrail raced ahead like a runaway express train in its public trading bow Thursday as the stock mar
GAS PLANT ALTERS PLAN TO RELOCATE
(Ap) |
A La Mesa chemical company that makes toxic gases won't be moving to Wash ington state after all but
Maritime
CHINA: MACAO NOW, TAIWAN LATER
Jasper Becker |
Now that it has reached agreement with Portugal on the return of Macao to Chinese sovereignty in 199
Maritime
DEMOCRATS UNVEIL '88 BUDGET PLANS
John Boyd |
House and Senate Democrats offered their own budget plans, favoring funding domestic programs more t
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan Voices Regret Over US Trade BillHajime Tamura, minister of international trade and ind
Maritime
BUDGET DEFICIT PROMPTS CHINA TO IMPOSE AUSTERITY PROGRAM
Jasper Becker |
After two years of excessive growth, China is launching an austerity program to slash profligate spe
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Japan Voices Regret Over US Trade BillHajime Tamura, minister of international trade and ind
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 |
Monday Hearing Set In Brazil Bank StrikeSAO PAULO, Brazil - A hearing before Brazil's Labor
BUDGET DEFICIT PROMPTS CHINA TO IMPOSE AUSTERITY PROGRAM
Jasper Becker |
After two years of excessive growth, China is launching an austerity program to slash profligate spe
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
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