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ON THE MOVE
Staff Report |
Pan American Taps Effman,RunnettePan American World Airways and its parent, Pan Am C
INDICATORS DROP 1 PERCENT IN MONTH
John Boyd |
The 1 percent drop in the government's January index of leading economic indicators confirmed a slug
GM UNIT OFFERS PRE-APPROVED CREDIT
JOC Staff |
General Motors Corp.'s financing arm is offering $25 billion in already approved credit to more than
US WARNS EC ON SOYBEAN TAX
(Ap) |
U.S. Trade Representative Clayton Yeutter has threatened to retaliate if the European Community puts
MIXED SIGNALS FROM CHINA POINT TO POLICY STRUGGLE
Jasper Becker |
Contrasting statements on investment in priority sectors such as tourism and rail roads reflect inte
CHRYSLER PLAN FOR EUROPE UNDERLINES COMEBACK
(Ap) |
Chrysler Corp. should gain a psychological advantage on both sides of the Atlantic when it re-enters
US, JAPAN RANK 6TH IN GROWTH
JOC Staff |
NEW YORK - The United States is tied with Japan for sixth place among the world's nine major industr
ARCO DEFENDS SUBSIDY PAY-BACKS
Robert F. Morison |
Arco asked the U.S. Court of Appeals to reconsider a January decision casting a pall over the Depart
Maritime
CANADA AWARDS ICEBREAKER PACT
Staff and Wire Reports |
The Canadian government on Monday selected a Canadian builder for a giant icebreaker to help defend
Maritime
SOVIETS BUY MORE US GRAIN COMPETITIVE PRICES SEEN ONE REASON FOR PURCHASES
Albert Axebank |
The Soviet Union is buying more grain from the United States and will buy even more as long as U.S.
CANADIAN SHIPYARD NO LONGER ELIGIBLE TO WIN MSC PACTS
Mark Wilson |
Western Canada's largest shipyard has been cut off from a once-promising business refitting auxilia
Maritime
MARITIME BRIEFS
From Ware and Staff Report |
Freighter Carrying Dynamite AbandonedCHERBOURG, France - A Danish freighter carrying 400 ton
Maritime
COURT OKS USL SALE OF 4 SHIPS MARAD TO CONVERT VESSELS FOR USE AS FLOATING CRANES
Mark Magnier |
A federal bankruptcy court approved the sale of four smaller United States Lines vessels to the Mari
Maritime
EVERETT HOMEPORT PLAN GETS GOVERNOR'S STAMP OF APPROVAL
Gloria Joseph |
It took an extra month for the governor of Washington to get answers to his environmental questions
Maritime
NEW RAIL FERRY LINK ON TARGET IN SWEDEN
Bob Wesenberg |
The new rail ferry link between Gothenburg, Sweden, and Frederikshavn, Denmark, will start operating
Maritime
CMB SHIFTS TRANSPORT FOCUS
Simon Cameron Moore |
Like most major shipping companies, Compagnie Maritime Belge SA (CMB), Belgium's largest shipowner,
Maritime
BENEFICIAL TO SELL UNITS
Journal of Commerce Staff |
Beneficial Corp. said it reached an agreement in principle to sell its financially-troubled American
ROSTENKOWSKI SAYS TRADE IN NEED OF MINISTRY POST
Helen Ericson |
The chairman of the House Ways and Means Committee called U.S. trade policy unharmonious and called
WORKERS WITH DISEASES PROTECTED FROM JOB LOSS
Leah R. Young |
Persons with contagious diseases are handicapped and protected from job lossbecause of the
AMERICAN EXECUTIVES FEEL PINCH AT FOREIGN TRUCK OPERATIONS IN US
Michael S. Lelyveld |
Lots of managers of foreign truck companies' U.S. operations are out on the street. The doll
INSURANCE BRIEFS
From Wire and Staff Reports |
Fred. S. James Buys A&A's Boise OfficeFred. S. James & Co. said it acquired the Boise, Idaho
RI WORKERS COMP REFORMS URGED
Journal of Commerce Staff |
A Rhode Island business group sees only further deterioration in the state's workers compensation pr
REAGAN BACKS BUSINESS IN PENSION FUND ISSUE
Leah R. Young |
The Reagan administration came out firmly in the corner of business in the argument over who owns ex
LAYOFFS LIKELY AT CIGNA CORP.
TOM McNIFF Jr. |
Citing unrealized 1986 internal financial goals, Cigna Corp. says it will likely lay off some of its
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
OIL ISSUES BRIGHTEN LISTLESS STOCK MART
RIPLEY WATSON Jr. |
A rebound by the recently depressed oil issues Tuesday enlivened an otherwise listless, lackluster s
DOLLAR FLUCTUATES ERRATICALLY
Knight-Ridder Financial |
The U.S. dollar fluctuated erratically within a narrow trading range Tuesday, leading analysts to de
HOUSEHOLD CLAIMS TOP LIST OF UK INSURANCE COMPLAINTS
Edwin Unsworth |
Policyholders' complaints about the handling of their claims on household insurance accounted for mo
MONSANTO PUTS EMPHASIS ON FUTURE GROWTH FOR NEXT DECADE IS PEGGED TO $500 MILLION ANNUAL R&D BUDGET
Charles Thurston |
Richard J. Mahoney, 53, Monsanto Co.'s chairman and chief executive officer, has cleared much of the
DAIWA SEES LOWER PROFITS FOR JAPANESE
Knight-Ridder Financial |
Combined pretax profits earned by major Japanese firms in the fiscal year ending March 31, 1988, wil
RETURN OF ECONSHIPS COULD ROCK SHIPPING
Bruce Barnard |
The world's mainstream liner trades face more shock waves" this year if United States Lines' 12 gian
FINANCIAL BRIEFS
From Wire and Staff Reports |
Swiss Banks Raise Some Deposit RatesThe four big Swiss banks raised their rates on 3- to 8-m
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
COST OF CREDIT
JOC Staff |
Tuesday, March 3, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMMODITY BRIEFS
From Wire and Staff Reports |
Japanese Banks Seek Financial Futures MartYoshiro Araki, chairman of Japan's Federation of B
US REITERATES PLAN FOR COPPER FORUM
Knight-Ridder Financial |
The U.S. reiterated its proposal for a copper producer-consumer forum designed to develop markets fo
TOKYO REPORTS RUBBER STOCKS UP
Knight-Ridder Financial |
Tokyo natural rubber stocks at warehouses designated by Tokyo Commodities Exchange for industry tota
WORLD TODAY
From Wire and Staff Reports |
Breaux May Get Post WASHINGTON - Sen. John Breaux, D-La., appears to be headed for the chair
COFFEE FUTURES PRESSURED
Knight-Ridder Financial |
Coffee prices should stabilize around 105-115 U.S. cents a pound, basis the second position on the L
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