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GROUP FORMS TO OPPOSE PROPOSED UP/SP MERGER
Rip Watson |
A new group - the Coalition for Competitive Rail Transportation - was organized last week to oppose
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Oct. 27, 1995 Prevailing sellers' posted prices at the close of business, representin
MARKETS A THRILL FOR RISK-TAKERS
Gordon Platt |
The Canadian dollar is worth about 73 U.S. cents pending the next poll on the Quebec referendum, and
SHIP REFORM RIDES ON BUDGET VOTE IS CULMINATION OF MONTHS-LONG EFFORT BY EXPORTERS
Stephanie Nall |
Tucked away in the giant bill for balancing the budget in the next seven years is a small provision
SEPARATISTS OUT TO REDRAW MAP OF NORTH AMERICA
Milan Ruzicka |
The Quebec separatists are jokingly said to want an "independent Quebec with a strong, united Canada
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 28 '94 - Oct. 26, '95 (a graph) (2)
EU OFFICIAL OPPOSES AID TO CURRENCY-TOSSED FIRMS
Tara Patel |
European currency fluctuations have slowed economic growth while providing a competitive advantage f
COST OF CREDIT
JOC Staff |
Thursday, Oct. 26, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FIXED RUBLE EXCHANGE RATE UNLIKELY IN NEXT 5 YEARS
Knight-Ridder Financial |
The introduction of a fixed exchange rate for the Russian ruble is unlikely in the next five years,
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
US DOLLAR CHANGES LITTLE AFTER CHAOTIC DAY OF FLUX
Knight-Ridder Financial |
The U.S. dollar was little changed Thursday after rallying in early trading and plunging during the
GERMAN VEHICLE PRODUCTION DOWN 2 PERCENT ON YEAR IN SEPTEMBER
Knight-Ridder Financial |
Germany produced 403,800 automobiles and other motor vehicles in September, down 2 percent on the ye
WTO GROUP PRESSES FOR REVIEW OF TRADE, ENVIRONMENTAL MEASURES
John Zarocostas |
More than 100 nations agreed Thursday to push ahead with an ambitious review of international trade
AZERBAIJAN'S PRESIDENT: DEAL WITH ARMENIA MAY BE NEAR RUSSIA IS SEEN AS POTENTIAL SPOILER
Milan Ruzicka |
A possible breakthrough in the former Soviet Union's longest-running ethnic conflict, between Armeni
Maritime
BRAZIL SEEKS TO HARMONIZE VARIOUS TRADE AGREEMENTS
James Bruce |
Brazil is making a series of trade policy adjustments this week after restoring its customary surplu
Maritime
CHINA'S BID TO CLEAR DEFICIT SWAMPED BY HIDDEN SUBSIDIES
P.T. Bangsberg |
China aims to balance its budget by the end of the decade through what one official terms the "first
Maritime
CHINA'S MACHINERY EXPORTS TOP TEXTILES FOR 1ST TIME
P.T. Bangsberg |
For the first time, China's exports of machinery and electronics have overtaken textiles and garment
Maritime
QUOTE TO NOTE ONE DAY OF CASTRO IN NEW YORK:
_ Fidel Castro |
"The mayor said I was a demon, and the demon was not going to be invited to dinner."
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
FLORIDA YARD CONSIDERS RELOCATING DRY DOCKJACKSONVILLE, Fla. - If a local shipyard is succes
Maritime
TAIWANESE FIRMS URGED TO SHARPEN THEIR ACT
P.T. Bangsberg |
With labor short and competition tough, Taiwan is urging its companies to improve quality if they ar
Maritime
GM'S DELCO, TOYOTA IN JOINT PROGRAM
Associated Press |
Delco Electronics Corp., a U.S. parts maker belonging to the General Motors Corp. group, said Thursd
Maritime
TRADE BRIEFS
Wire and Staff Reports |
BANK TO PROBE CHARGES OF CHINA'S LOAN MISUSEThe World Bank said Wednesday it was sending a t
Maritime
EXPORTS SURGE AT PORTS ON HAINAN ISLAND
Journal of Commerce Staff |
Authorities in southern Hainan Island said Thursday that goods worth more than $197 million were exp
Maritime
TOTE TO INCREASE RATES FOR 2ND TIME THIS YEAR
WILLIAM DiBENEDETTO |
Transporting goods between Alaska and the rest of the nation will get more expensive - again - after
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
NORTHWEST RESTRUCTURES $731 MILLION JAPAN DEBTEAGAN, Minn. - Northwest Airlines has complete
AT&T NETWORK FINDS SHIPPING TO CHINA A TEST OF INGENUITY 39-DAY AVERAGE IMPRESSES RIVALS
Bill Mongelluzzo |
Using the latest in logistics technology, AT&T Network Systems gets its shipments from the United St
INSIDE TALK - RIP WATSON MERGERS AND RUMORS OF MERGERS HIGHLIGHT EARNINGS REPORT PERIOD
Rip Watson |
Third-quarter rail earnings reports released over the past 10 days have given a graphic view of the
RESURRECTION OF RAIL LINE RUNS AFOUL OF PROPOSED MERGER, BACKERS SAY
Gregory S. Johnson |
Backers of a plan to resurrect the old Rock Island Line between St. Louis and Kansas City, Kan., sus
MARKAIR WITHDRAWS LIQUIDATION PETITION
Reuters |
MarkAir Inc., the small Denver-based airline that suddenly ceased operations, withdrew its petition
WORKERS STRIKE GE LOCOMOTIVE FACTORY IN ERIE
Associated Press |
Union workers began a three-day strike Thursday morning at one of the nation's largest locomotive fa
TRANSPORT BRIEFS
Wire and Staff Reports |
LUFTHANSA CARGO ADDS FREIGHTER FLIGHTS TO USNEW YORK - Lufthansa Cargo AG will add t
HIGH WINDS SLOW TRUCKERS IN WYOMING AND COLORADO
Gregory S. Johnson |
Freight was delayed for hours Thursday as truckers slowed down or pulled to the side toavoid being b
URBAN SPRAWL FORCES FARMERS FROM HEARTY CALIFORNIA LAND
Steve Geissinger |
Growing Central Valley cities overran Don Phillips' farm 20 years ago, so he moved his farm several
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
WASHINGTON UTILITY PANEL APPROVES BOND SALE
Associated Press |
Clark County's Public Utilities Commission has approved a $161 million bond sale so the utility can
16 MORE INSURERS TO PAY ROLLBACKS ORDERED BY CALIFORNIA'S PROPOSITION 103
ILANA DeBARE |
Sixteen insurance companies will pay $42.7 million in Proposition 103 rollbacks to their customers,
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
SHARON HOSTETTER NAMED UTILITY'S 1ST FEMALE VPBALTIMORE - Sharon S. Hostetter was na
FINANCIERS SAY IT'S GETTING TOUGHER TO TELL THEM AND INSURERS APART INVESTMENT BANKS SEE CONVERGENCE
Margo D. Beller |
Boundaries are blurring among bankers, institutional investors and the insurance and reinsurance ind
FLORIDA RAISES ANTE FOR FIRMS TAKING CLIENTS FROM JUA POOL
Don Finefrock |
The Department of Insurance has sweetened the pot for insurance companies that agree to remove custo
INSURANCE BRIEFS
Wire and Staff Reports |
ST. PAUL COS. CONSIDERS REPURCHASE OF STOCKST. PAUL, Minn. - The St. Paul Cos. said that it
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