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AUSTRALIA SEEKS CUTS IN US FARM SUBSIDIES
John Davies |
Unless the United States eases away from farm subsidies that are producing massive surpluses, a disa
Maritime
ALA. DOCKS, RAIL LABOR REACH ACCORD
Journal of Commerce Staff |
The Alabama State Docks' Terminal Railway has won union work-rule concessions that will produce $200
Maritime
AUSTRALIA URGES REDUCTIONS IN US AGRICULTURE SUBSIDIES
John Davies |
Unless the United States eases away from farm subsidies that are producing massive surpluses, a disa
Maritime
STATISTICS OFFERED ON UNINSURED
Leah R. Young |
One out of six Americans does not have any health insurance coverage, eitherfrom private or
REINSURANCE MART GREW IN '86
Journal of Commerce Staff |
The U.S. reinsurance market grew 46 percent last year to represent a $12.8 billion industry, a repre
INSURANCE BRIEFS
From Wire and Staff Reports |
NY Cancer Deaths Under InvestigationALBANY, N.Y. - New York State is investigating some canc
LIQUIDATION PLAN FOR AMBASSADOR APPROVED IN VT.
C.A. Carpenter |
A Vermont court has approved a liquidation plan for Ambassador Insurance Co. and set in motion the f
INSURANCE REFORM BILL ADVANCES IN GEORGIA
Journal of Commerce Special |
A Georgia legislative committee has agreed on an insurance bill that would not force the state's pro
VOLKSWAGEN AG STOCK PLUMMETS
(Ap) |
The stock of Volkswagen AG, the giant West German automaker, plunged Wednesday after the company sai
AVIATION TORT BILL UNVEILED
Russ Banham |
Senator Nancy Kassebaum, R-Kan., has reintroduced a general aviation tort reform bill aimed at easi
SMALLER FRENCH BANKS TO BE SOLD
Howard Schissel |
After the successful denationalization of Compagnie Financiere de Paris et des Pays-Bas, or Paribas,
HUNGARIAN STATE BANK SUES TO DISSOLVE STATE COMPANY
(Ap) |
A state bank has started bankruptcy proceedings against a state enterprise, in the first such proced
STOCKS FALL ON PROGRAM SELLING
Gordon Platt |
Stock prices declined Wednesday due to futures-linked arbitrage selling. Analysts said parti
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
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FINANCIAL BRIEFS
From Wire and Staff Reports |
Merrill Official Linked To Insider Trading PlotThe Securities and Exchange Commission accuse
COST OF CREDIT
JOC Staff |
Weds., March 11, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
BANK OF CHINA TO ISSUE VISA CARD
P.T. Bangsberg |
One of China's principal state-owned banks will become a full issuing member of Visa International t
IMPORT BRIEFS
From Wire and Staff Reports |
EC Threatens US With Textile CurbsBRUSSELS, Belgium - Willy de Clercq, member of the Europea
Maritime
FAIR SIGNALS CHANGE IN CHINA
Cristina Lee |
The story behind this week's Foshan Export Commodity Trade Fair in Manhattan may be a sign of change
Maritime
CUSTOMS SERVICE URGES BROKERS TO PREPARE FOR NEW CODE SYSTEM
Bill Mongelluzzo |
The U.S. Customs Service is urging customs house brokers to prepare now for the new classification s
Maritime
QUOTE TO NOTE
JOC Staff |
On the U.S. deficit It's the United States, with its monstrous public deficit and trade imba
Maritime
COGNAC MAKERS' SPIRITS IMPROVE WITH US PACT
Howard Schissel |
Merchants and producers in this quiet town in southwestern France are breathing easier now that the
Maritime
GORBACHEV'S POLICIES GET MIXED REACTION
(Ap) |
In two years, Mikhail S. Gorbachev has steered the Soviet Union toward an arms control agreement, ma
Maritime
FOREIGN HEADLINES
From Wire and Staff Reports |
Conference Rejected JAKARTA, Indonesia - The United States sees no use now for a Soviet- pro
Maritime
EC PARLIAMENT URGED TO SEEK EARLY ELECTIONS
(Ap) |
Jacques Delors, president of the Executive Commission of the European Community, urged the European
Maritime
ON THE MOVE PORT GROUP INTERVIEWS CANDIDATES
JOC Staff |
The South Louisiana Port Commission, which ousted its director in December, is interviewing six cand
MULTINATIONALS WEIGH BRAZIL'S DEBT MOVE
(Ap) |
Multinational companies fear that Brazil's decision to suspend interest payments on its foreign debt
Maritime
INTERVENTION HITS DOLLAR
Knight-Ridder Financial |
A strong rally by the U.S. dollar and sterling collapsed Wednesday afternoon and analysts said they
JAPANESE TO OPEN THEIR DOORS TO BROKERAGES OF US BANKS
A.E. Cullison |
Japan will permit major U.S. banking institutions to open branch offices in Japan for their brokerag
'POPULAR' BUDGET EXPECTED IN UK
Edwin Unsworth |
Next Tuesday Chancellor of the Exchequer Nigel Lawson will emerge from his home next door to that of
Maritime
PRESSURE ON CONSUMER PRICES SEEN
Knight-Ridder Financial |
Rising energy and import costs may boost the U.S. Consumer Price Index to 3.9 percent this year but
BRAZILIANS CHEER US CITRUS RULING
James Bruce |
Brazil's citrus processors cheered Washington's decision this week that lowers dumping margins charg
TRADE PANEL MEMBERS CLASH OVER TOUGHER ANTI-DUMPING LAWS
Helen Ericson |
Toughening anti-dumping law will be among many controversial issues again this year as the House Way
COMMODITY BRIEFS
From Wire and Staff Reports |
Asarco Closing Plant For Maintenance WorkNew York - Asarco Inc. said it will close its coppe
SPOT PRODUCT PRICES
JOC Staff |
March 11, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
PA. FUEL OIL PRICES DECLINE
Journal of Commerce Staff |
Home heating oil prices in Pennsylvania have fallen by an average of 2 cents a gallon since early Fe
VENEZUELAN OIL MAY SUPPLY ECUADOR'S CLIENTS
(Ap) |
Venezuela may supply oil to Ecuador's foreign clients while Ecuador repairs its earthquake-damaged
NYMEX PROGRAM PROVIDES EXTENDED TRADING, HEDGING
Knight-Ridder Financial |
The New York Mercantile Exchange's expanded program, for the exchange of futures for physicals in it
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