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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
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DOLLAR UP
Janet Porter |
Undeterred by a recovery of the dollar, the price of gold rose strongly in the Far East and Europe M
FINANCIAL BRIEFS
From Wire and Staff Reports |
Japan to Allow Banks To Buy Foreign BondsIn a bid to slow the appreciation of the yen, the J
COST OF CREDIT
JOC Staff |
Monday, September 22, 1986 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanadaU
AUSTRALIA COULD BECOME AN EXPORTER OF PLATINUM
(Ap) |
Australia could become an exporter of platinum as a result of the discovery of huge reserves of the
RUNNING THE PORT OF LOS ANGELES PROBLEMS HE LOVES TO HAVE
Bill Mongelluzzo |
Riding the crest of expanding trans-Pacific trade, Los Angeles and its neighbor, the port of Long Be
Maritime
RUNNING THE PORT OF LOS ANGELES AND THERE'S THE BOARD
Bill Mongelluzzo |
On one side, the director of the Port of Los Angeles faces a vigilant steamship community. O
Maritime
RUNNING THE PORT OF LOS ANGELES CITY PROBLEMS, PORT PROBLEMS: SAME PRINCIPLES
Bill Mongelluzzo |
When Ezunial Burts was executive assistant to Los Angeles Mayor Tom Bradley, he applied basic manage
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
Calif. Non-Smoker Sues Tobacco IndustryOAKLAND, Calif. - A non-smoking Fremont woman who say
AGENTS URGED: BEEF UP IMAGE
C.A. Carpenter |
Richard G. Taylor left office Monday as president of the nation's largest insurance agency associati
CALIF. COURT TO HEAR LANDSLIDE CASE
(Ap) |
The state Supreme Court will decide a case filed by a Marin County couple with standard insurance co
GRACE SETTLES WELL POLLUTION SUIT
(Ap) |
A settlement was reached in a complex trial stemming from allegations that pollution by W.R. Grace &
NJ BLUES GET NOD TO HIKE RATES
(Ap) |
Starting Nov. 1, about 1.7 million Blue Cross and Blue Shield subscribers in New Jersey will face st
INSURANCE CRISIS REMEDIES J&H CHIEF STRESSES TORT REFORM, DEREGULATION
Gary Taylor |
Comparing today's insurance crisis with the challenges of the Great Depression 50 years ago, Robert
CANADIAN EXCHANGE SUPPORT GROWS
Leo Ryan |
Support from prospective investors and syndicate managers has grown substantially for a Toronto-base
GREEK WOES MAY HIT EC
Jacques Neher |
"No...Problem!" Or so it's written on T-shirts, travel bags and even sandals hawked these days in so
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Thai Oil Imports Rose In First Half of YearBANGKOK, Thailand - Thailand imported 26.8 millio
DECLINING OIL PRICES HURT THAILAND'S MIGRANT WORKERS
(Ap) |
Thailand may lose significant foreign exchange earnings and face an unemployment crisis as Middle Ea
TAIWAN'S BONANZA HOLDS PERILS
Nailene Chou Wiest |
Like many countries in East Asia dependent on imported oil, an economic bonanza has fallen to Taiwan
JITTERS CONTROL EUROPEAN PRICES
Simon Cameron Moore |
Crude oil prices on the Northwest European spot market ended last week quietly, based on nervousness
OIL MINISTERS CONFER
JOC Staff |
Energy and Mines Minister Alfredo del Mazo and his Venezuelan counterpart, Arturo Hernandez Grisanti
OPEC PRODUCTION FALLS BELOW QUOTA
Journal of Commerce Staff |
The Organization of Petroleum Exporting Countries' crude oil output for the first half of September
NUCLEAR POWER CONTROVERSY BALLOONS IN WEST GERMANY
(Ap) |
With the Chernobyl accident still fresh in West German minds, a dispute over a nuclear plant just ov
ENGEN TO FORCE USE OF AVOIDANCE SYSTEM
Tim Neale |
The Federal Aviation Administration will force the airlines to equip their planes with collision avo
AUSTRALIAN PIPELINE
Journal of Commerce Staff |
Magellan Petroleum Corp. said the 922-mile main trunk of the natural gas pipeline from the Australia
AIRLINE MERGER IS JUST THE TICKET FOR SHIPPERS
Bill Mongelluzzo |
The merger of Delta Air Lines and Western Airlines will produce another mega- carrier with more carg
AVIATION BRIEFS
From Wire and Staff Reports |
Japan's Toa Inaugurates Overseas Charter RouteJapan's Toa Domestic Airlines inaugurated over
MORE SERVICE TO JAPAN AMERICAN, DELTA JOIN TRANS-PACIFIC COMPETITION
Tim Neale |
Two financially strong airlines join the competition for trans-Pacific travelers and cargo with the
TRAFFIC BRIEFS
From Wire and Staff Reports |
Mack Employees Accept Early RetirementALLENTOWN, Pa. - Mack Trucks Inc. said 700 of its empl
STOCK MARKET PLAYERS LOOK TO FUNDAMENTALS
Journal of Commerce Staff |
Stock market participants are expected to take a new look at the fundamentals this week, now that th
FHWA DEMONSTRATES FRONT BRAKES
Michael Lelyveld |
Uncle Sam is trying to prove to truckers that their daddies were wrong when they said front brakes w
ROAD-RAILERS OFFER BIG BENEFITS
Carl Cahill |
The way to sell road-railer service is to "make the customer feel he's using a truck line," a Norfol
UP BUY-OUT RATIONALIZED ANALYSTS SAY OVERNITE FITS INTERMODAL STRATEGIES
Leo Abruzzese |
Union Pacific Corp.'s billion-dollar buy-out of Overnite Transportation Co. fits neatly with the rai
BARGE CALL RATES
Knight-Ridder Financial |
The following are the results of Friday's St. Louis Merchants Exchange call session for barge freigh
INSIDE TALK ON TRANSPORTATION
Dave Cawthorne |
MARKET MOVES: Speculation that other railroads are looking to purchase trucking companies is running
INTERNATIONAL LOANS
From Wire and Staff Reports |
EUROPEAN COMMUNITY GREECE - $1.05 million in emergency aid for the victims of the Sept. 13 e
Maritime
DERAILING SOARING INSURANCE PREMIUMS
Kevin D. Thompson |
Railroads and motor carriers are grappling with rising insurance liability rates that have both indu
VISITS OF STATE
From Wire and Staff Reports |
Soviet Visit to Mexico MEXICO CITY - The Soviet Foreign Ministry announced that Soviet Forei
Maritime
WEST GERMANY URGED TO STIMULATE ECONOMY
Jess Lukomski |
The West Berlin-based German Institute for Economic Research-DIW urged the Bonn government to stimul
Maritime
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