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US, EUROPEAN TEXTILE PRODUCERS AGREE ON COMMON TRADE STRATEGY
Rosalind Rachid |
Three groups representing U.S. and European manufacturers of cloth and clothing have agreed to push
CAPITALISTS RUSH TO HUNGARY AS DOORS OPEN FOR BUSINESS
From Wire Reports |
Western brokerage firms are staking claims in Hungary as the country embraces the free market after
FINANCIAL BRIEFS
Wire and Staff Reports |
SALOMON ECONOMISTS PREDICT FALLING DOLLARThe dollar should decline to the 1.50 to 1.60 deuts
EX-CROWLEY OFFICER TO HEAD COLUMBUS
Alan Abrams |
Columbus Line named Edward W. O'Donnell, a former Crowley Maritime Corp. executive, as its presiden
JAPANESE SOON MAY BE READY TO FEED ON US GROCERY STORES
(Ap) |
Americans have seen how efficiently the Japanese make and deliver cameras, television sets, electron
Maritime
SPOT CHEMICAL PRICES
JOC Staff |
As of July 6, 1990 Prices in the spot chemicals table in clude spot quotations or list price
17 DIE IN EXPLOSION, FIRE AT ARCO PLANT
From Wire Reports |
An explosion and fire ripped through an Arco Chemical Co. plant in Channelview, Texas, killing at l
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 237.57 off 2.39 which compares
FISH, WILDLIFE CHECKS PERFORMED AT PORTLAND CARGO GROWTH ANTICIPATED
Marita Van Oldenborgh |
The opening of a U.S. Fish & Wildlife Service inspection station at the Port of Portland, Ore., is e
Maritime
TRUCKERS BACK GLOBAL RELEAF
Journal of Commerce Staff |
Beginning July 10, a caravan of truckers is going to imitate Johnny Appleseed, delivering trees to s
TAX ON ENERGY VALUE DRAWS MIXED REVIEWS
Arthur Gottschalk |
Energy analysts had mixed reactions Friday to talk that the Bush administration may be advocating a
KEY SENATORS BACK BILL TO FREE SLOTS AT MAJOR AIRPORTS
Ira Breskin |
Congested airports could become more accessible to new airlines as the result of a bill senators pla
JAPAN'S LABOR SHORTAGE NEARS CRITICAL STAGE
A.E. Cullison |
Japanese industry will experience a very critical labor shortage in 1991, a full five years sooner t
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 6, 1990Dubai Crude Oil(Dollars Per Ba
ENERGY BRIEFS
Wire and Staff Reports |
EKOFISK TO RESTART, BUT OIL STRIKE GOES ONOSLO, Norway - Phillips Petroleum Co., one of thre
SPOT COMMODITIES
JOC Staff |
July 6, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
JOFC INDEX FALLS ON WEAK PLYWOOD PRICES
Howard Simon |
The Journal of Commerce Industrial Price Index fell sharply last week reflecting lower plywood price
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
LAST WEEK, the ocean freight futures market seemed to be holding to the fragile support levels estab
Maritime
INTERNATIONAL SHIPHOLDING ADDS BULKER TO FLEET
Journal of Commerce Staff |
International Shipholding Corp. made an addition to its diversified fleet last week, when it took de
Maritime
UNITED CITIES UNIT ACQUIRES SOUTHERN GAS
From Wire Reports |
United Cities Gas Co., the Nashville-area based natural gas and propane distributor, said that its s
JAPANESE DISAGREE ON CHINA SANCTIONS
Gene Linn |
Japanese entrepreneurs could sabotage their government's efforts to win an easing of sanctions again
EXXON SUES BOAT OWNER
(Reuter) |
Claiming it was duped and cheated during last summer's massive cleanup of the nation's worst oil spi
Maritime
INVENTORIES WORRY JAPANESE ECONOMISTS
Knight-Ridder Financial |
The gradual decline in the inventories of Japanese companies since the mid- 1970s has created a pote
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Currency Forecast 3A * JofC Industrial Price Index 6A* Dale Steffes - Energ
EARNINGS
From Wire and Staff Reports |
CAROLINA FREIGHT REPORTS QUARTER LOSSCHERRYVILLE, N.C. - Carolina Freight Corp. lost $911,57
UPS EXPANSION PLAN DRAWS COMMUNITY FIRE NYC PANEL APPROVES PLAN
Duncan Robinson |
A United Parcel Service plan to expand its lower Manhattan package distribution center has met growi
DESPERATE INDIA LOOKS FOR SOLUTIONS TO ECONOMIC WOES
N. Vasuki Rao |
Recent curbs on gasoline and other fuel consumption are the latest sign of India's desperation over
Maritime
JAPANESE INTERESTED IN KUWAIT'S NEW CRUDE
Knight-Ridder Financial |
Some Japanese refiners are showing keen interest in importing a new light crude oil from Kuwait in t
ROTTERDAM ENERGY FUTURES MIRED IN LOW VOLUME AFTER 9 MONTHS
Stewart Taggart |
Nearly nine months after the Rotterdam Energy Futures Exchange opened its doors, daily volume remain
INSURERS USE NEW AIDS TEST
From Wire and Staff Reports |
A move by some of the nation's largest insurers to test potential customers' urine for signs of expo
GOLD MINE WORKERS OK WAGE HIKE IN S. AFRICA
Knight-Ridder Financial |
Agreement has been reached on wage increases for some 145,000 black workers in the gold industry, bu
Maritime
PROFITEERING UPSETS E. GERMANS IN CAPITALISM'S 1ST WEEK FROM WIRE REPORTS
JOC Staff |
Profiteers are cashing in on German economic union, dismaying East Germans eager for a bright future
FRANCE REVISES GDP GROWTH DOWN
Knight-Ridder Financial |
French gross domestic product, excluding public sector administration, rose 0.6 percent in the first
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JUNE JOBLESS RATE FELL TO 7.5 PERCENT IN CANADACanada's seasonally adjusted unemployment rat
GASOLINE PRICES
JOC Staff |
July 6, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
BRAZIL'S RESERVES RISE NOTHING TO CELEBRATE
James Bruce |
Brazil's hard-currency reserves of cash on hand increased $700 million during May to a total $7.5 bi
CONTROL DATA PEDDLING ITS CHIP-MAKING UNIT
(Ap) |
Control Data Corp. again is seeking a buyer for VTC Inc., its 400-employee semiconductor maker in Bl
PEOPLE - AVIATION
From Wire and Staff Reports |
AIR EXPRESS INTERNATIONAL (Darien, Conn.) - Donna Hiscock was named district sales managerin Toronto
BA, LUFTHANSA MAKE MAJOR AIRPLANE BUYS
Journal of Commerce Staff |
The seemingly insatiable demand for new airplanes continues. British Airways ordered 21 Boei
MASS. RULES ON CLEANUP POLLUTION CLAUSE NOT AMBIGUOUS
TOM McNIFF Jr. |
A recent Massachusetts Supreme Judicial Court decision bolsters an insurance industry contention tha
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