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BARGE CALL RATES
Knight-Ridder Financial |
The following are the results of Monday's St. Louis Merchants Exchange call session for barge freig
FOREIGN HEADLINES
From Wire and Staff Reports |
Cobra Inhabits Factory NEW DELHI, India - An engineering factory near the beach resort of Go
Maritime
BRAZIL EYES FALL IN SHOE EXPORTS
James Bruce |
Shortages of leather and specialized labor plus a booming domestic market threaten the Brazilian sho
Maritime
GUILFORD REFUSES TO ACCEPT RULING
Journal of Commerce Special |
Guilford Transportation says it continues to dissent from a federal arbitrator's ruling that settles
NOVA SCOTIA FIRM'S EXPORTS MUSHROOMING
(Ap) |
Nova Scotians don't seem to want them. But chefs in West Germany, Switzerland and France will take a
Maritime
JAPAN'S CENTRAL BANK CUTS DISCOUNT RATE 0.5 PERCENT
A.E. Cullison |
Japan's official discount rate reached a postwar record low following a 0.5 percent reduction by the
Maritime
MAN GETS 27 YEARS FOR PILL TAMPERING
(Ap) |
A judge dismissed a California man's plea for mercy and sentenced him to 27 years in prison for pois
MTL REPORTS LOSSES FOR QUARTER, 9 MONTHS
Journal of Commerce Staff |
Marine Transport Lines reported a net loss of $327,000 for the third quarter, compared with net prof
Maritime
COAL MARKETS TURKISH MILL BUYS FROM US
Tim Sansbury |
U.S. coal trading firm John K. Irish & Co. struck a spot market deal with Turkish steelmaker Turkiye
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
KUWAIT STUDIES CONSTRUCTION OF OIL PIPELINE TO RED SEA
(Ap) |
Kuwait may build a pipeline through Saudi Arabia to the Red Sea as an alternative to shipping all it
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
Daewoo Unit Ships Locomotives to GhanaSEOUL, South Korea - Daewoo Heavy Industries Ltd., a u
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Warwick Insurance Gets Assistance From ParentMORRISTOWN, N.J. - Warwick Insurance Co. said i
NON-RETROACTIVE RULING STANDS
(Ap) |
The state Supreme Court let stand a potential multimillion-dollar ruling that the voter-approved "de
NJ SENATE BACKS AUTO REFORM BILL
(Ap) |
A bill to reform New Jersey's automobile insurance system is expected to face a tough time in the Re
TRAFFIC BRIEFS
From Wire and Staff Reports |
Yellow Freight Adopts Purchase Rights PlanOVERLAND PARK, Kan. - Yellow Freight System Inc. o
WILL THE CHINESE CONTINUE TO PURCHASE US CORN?
Knight-Ridder Financial |
The recent confirmation China has bought corn from the United States for the first time in two years
BURNLEY JOINS TRIP TO FAR EAST
Journal of Commerce Staff |
Jim Burnley, deputy secretary of transportation, will go to the Far East with John Gaughan, maritime
Maritime
CALIF. TOLD TO APPLY ITS RESEARCH
Bill Mongelluzzo |
California has learned a basic fact about technology: being a leader in research does not guarantee
ILA, NY EMPLOYERS AGREE ON TERMS FOR LOCAL CONTRACT
Alan F. Schoedel |
The New York Shipping Association and the International Longshoremen's Association agreed on local c
THE ECONOMY
JOC Staff |
Economic Index Rose 0.4 percent During SeptemberU.S. leading economic indicators rose 0.4 pe
AUSTRALIA: TRADE AND INVESTMENT SURVEY
JOC Staff |
Top Stories Australia wants its businesses to begin to "think exports" as it strives to expa
US AND JAPAN TO COOPERATE ON CURRENCY
A.E. Cullison |
The United States and Japan agreed to cooperate to maintain the present yen-dollar exchange
OIL PRICES RISE ON SAUDI OUSTER SHEIKH YAMANI'S SUCCESSOR CALLS MEETING OF OPEC PANEL
Bruce Barnard |
Oil prices rallied strongly late last week, with traders speculating that the ousting of Sheikh Ahme
SLOW QUARTER BRAKED PRESTON BUT LTL TRUCKER STILL EXPECTS TO DOUBLE 1985 EARNING PERFORMANCE
Leo Abruzzese |
Preston Corp. should double its 1985 earnings this year despite a lackluster third quarter that slow
FINANCIAL BRIEFS
From Wire and Staff Reports |
Texas Air Corp. Offers 5 Million Shares at $38Texas Air Corp. began a public offering of 5 m
WASTE HOT ISSUE ON BALLOT
(Ap) |
Washington's governor and legislature are asking voters in a referendum this week to blast the Reaga
CHEMICAL MARKETS
JOC Staff |
Pennwalt Hikes Bulk Chlorine Price Pennwalt is increasing the price of bulk chlorine by $20
COGENTRIX TO BARGE COAL TO PLANT
Carl Cahill |
Cogentrix, Inc., Charlotte, N.C., said it will barge coal to a proposed $80 million cogeneration pla
AVIATION BRIEFS
From Wire and Staff Reports |
Boeing Develops Jet With Longer RangeThe Boeing Commercial Airplane Co. said it has develope
HAYS WATKINS ON MANAGEMENT GUIDING CSX THROUGH DEREGULATION
Stanford Erickson |
Since 1980, no top executive in transportation, and perhaps business itself, has taken more chances
THE TRAGIC FLIGHT OF MEXICO'S DOMESTIC CAPITAL
John Crewdson |
One tragedy of Mexico's decade-long spending spree is that it left the country with so little of las
Maritime
BRAZIL MAPS NEW POLICY PACKAGE SHOULD SPUR SALES, LURE FOREIGN CAPITAL
James Bruce |
Brazil is making a valiant effort to counter a weakening trade situation, declining international re
Maritime
UK WARNS TOURIST TRADE ON S. AFRICA
(Ap) |
The British government appealed to travel agents, tour operators and airlines not to promote South A
Maritime
BA STARTS NEW COURIER SERVICE
Phillip Hastings |
British Airways is making its first move into the onboard courier market with the start this week of
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
JAPAN'S CENTRAL BANK CUTS DISCOUNT RATE 0.5 PERCENT
A.E. Cullison |
Japan's official discount rate reached a postwar record low following a 0.5 percent reduction by the
Maritime
UK TO NET $8 BILLION IN SALE OF BRITISH GAS
Bruce Barnard |
The British government is likely to net around 6 billion ($8.47 billion)from the sale of s
JAPAN REGISTERS BOP RECORD SEPTEMBER TRADE SURPLUS ALSO REACHES NEW HIGH
A.E. Cullison |
Japan registered a record monthly current account surplus of $9.1 billion in September, according to
Maritime
TODAY'S NEWS SUMMARY
JOC Staff |
GENERAL NEWSCalifornia must apply its research knowledge to manufacturing if its economy is
Maritime
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