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JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/27 6/26 Change % Change
FEDERAL EXPRESS BURSTS ONTO TELECOM SCENE SUBSIDIARY INKS JOINT VENTURE
Tony Seideman |
Federal Express Corp. is getting into the international telecommunications business through an agree
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
MACHINERY ORDERS FALL 4 PERCENT IN WEST GERMANYFRANKFURT, West Germany - Orders for West Ger
COST OF CREDIT
JOC Staff |
Wed., June 27, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
NEW JOBS AT STAKE IN LNG SHIP TALKS
Bruce Vail |
New labor contracts for workers aboard eight liquefied natural gas tankers are hanging fire while th
Maritime
MANUFACTURERS URGE EASIER MONETARY POLICY
Richard Lawrence |
The National Association of Manufacturers called Wednesday for an easier U.S. monetary policy in adv
INLAND WATERWAY, OIL GROUPS PUSH STRICTER DRUG-TESTING STANDARDS
WILLIAM DiBENEDETTO |
Representatives of the inland waterway and offshore oil industries are urging stricter government dr
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange June 27, 1990Dubai Crude Oil(Dollars Per B
US SOFTWARE SALES BOOM IN EUROPE
Boston Globe |
The folks at Lotus Development Corp. and other major U.S. software companies might say that selling
OSLO STOCK EXCHANGE PLANS SHIP LIST
Janet Porter |
A number of foreign shipping companies have expressed interest in a quotation on the Oslo Stock Exch
Maritime
GLOBAL MANUFACTURERS SKEPTICAL OF S. KOREA COPYRIGHT CRACKDOWN
Robin Bulman |
This country is trying hard to shed its title as the world's leading producer of counterfeit goods,
Maritime
SCHMIDT URGES USSR, CHINA INCLUSION IN '91 SUMMIT
William Armbruster |
Helmut Schmidt, the former West German chancellor, urged Wednesday that the leaders of the Soviet Un
Maritime
BRAZIL'S GASOLINE EXPORTS FALL BY OVER HALF FROM '88 PEAK
Journal of Commerce Special |
Brazilian exports of low grade gasoline, primarily to the U.S. market, have plunged to less than hal
ANALYSTS WELCOME GULF STATES-SOUTHERN DISPUTE SETTLEMENT
Arthur Gottschalk |
The settlement of a 4-year-old power sales dispute between Southern Co., Atlanta, and Gulf States Ut
ENERGY BRIEFS
Wire and Staff Reports |
ISRAMCO COMPLETES TEST OF YAM 2 WELLIsramco Inc. said that testing was concluded in an explo
UNDERWRITERS RE APPEALS RULING ON MISSION INSOLVENCY LAWSUIT
Jerry Goldberg |
Underwriters Reinsurance Co. appealed a negative ruling on a Mission Insurance Cos. insolvency lawsu
ITO SHAKES UP TOP MANAGEMENT FIELD REPLACES JOHN J. FARRELL
Bruce Vail |
International Terminal Operating Co., one of the largest waterfront cargo- handling companies in the
TEAMSTERS ARE URGED TO REJECT UPS OFFER
Leo Abruzzese |
Teamsters union leaders urged workers at United Parcel Service Inc. to reject the company's final co
SEARING WEATHER DAMAGES TEXAS COTTON CROP
Linda Ewing |
Cotton is withering in Texas under hot, dry conditions, and estimates are already surfacing that as
AIR PRODUCTS ACQUIRES STAKE IN ITALIAN GAS COMPANY
Journal of Commerce Staff |
Air Products and Chemicals Inc. Wednesday said it acquired a 49 percent interest in Sapio Industrie,
YEUTTER AIDE SAYS USDA STILL SEEKS 10 PERCENT CUT IN PRICE SUPPORTS FOR SUGAR
Knight-Ridder Financial |
Seeking to clarify an already muddy position, Jack Parnell, Agriculture deputy secretary, said the B
USDA: WORLD SUGAR DEMAND TO OUTSTRIP SUPPLY IN 1990-91
Knight-Ridder Financial |
Estimated 1990-91 (September-August) world sugar output of 107.2 million metric tons, raw value, is
US PENSION FUNDS TOLD TO INVEST IN EC
Gordon Platt |
U.S. pension funds should increase their holdings of European equities - transportation stocks in pa
TRANSPORT CALENDAR
JOC Staff |
DANGEROUS GOODS SEMINAR, sponsored by Qantas Airways, July 9-11. Embassy Suites Hotel, Raleigh, N.C.
CARGO VOLUME DECLINES 10 PERCENT AT DULUTH-SUPERIOR
Journal of Commerce Staff |
The Port of Duluth-Superior handled 10 percent less cargo volume in the first two months of the 1990
Maritime
LABOR STRIKE MAY IDLE CANADA'S LAKE SHIPS
Leo Ryan |
Some 2,500 seamen working on Canadian Great Lakes vessels are heading for a strike on July 4 unless
TRAFFIC BRIEFS
Wire and Staff Reports |
MOODY'S DOWNGRADES CF SENIOR DEBT RATINGMoody's Investors Service said Wednesday it has cut
OAKLAND BUDGET INCLUDES INCOME FROM SALE OF LAND
Mark Magnier |
The Port of Oakland made no public statement on the issue of James O'Brien at its board meeting Tues
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
INDUSTRY PROBES PITFALLS OF REINSURANCE FUTURES
Kenneth Silverstein |
Using futures contracts to permit insurance companies to lock in reinsurance prices for automobile a
PHILADELPHIA TO PAY $2.5 MILLION TO BRING MOVE LAWSUIT TO END
Henry Goldman |
Philadelphia agreed to pay $2.5 million to end a lawsuit brought by parents of the five children who
FEAR OF REPRISAL DELAYED SUIT 8 YEARS
Mark Magnier |
Levin-Richmond Terminal Corp. said it waited almost eight years to file a lawsuit and take action ag
ADM-SOVIET BEER VENTURE LOOKS PROMISING
Rosalind Krasny |
The first joint venture in the Soviet Union involving soybean processing giant Archer Daniels Midlan
ASIAN FUTURES
JOC Staff |
June 27, 1990 JAPANFinancial Futures*Japanese Gov't BondsPer 10-year, 6% bon
GRAIN PORT TO EXPAND DOCK AREA FOR AUTOS
John Davies |
A grain port on the Columbia River that lost out last year when it tried to take Hyundai's auto impo
Maritime
DATABASE FLUSHES FRAUD SUSPECTS
William Armbruster |
Swindlers beware! An affiliate of the International Chamber of Commerce is launching a new database
Maritime
NEWS SUMMARY
JOC Staff |
* Trading With Trinidad and Tobago 4A * Peter D. Clark - Sea Law 3B* East German Airline to
FREIGHT RATE FUTURES
JOC Staff |
June 27, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
SPOT CHEMICAL PRICES
JOC Staff |
As of June 27, 1990 Prices in the spot chemicals table in clude spot quotations or list pric
RHONE-POULENC SIGNS ACCORD WITH SOVIETS
Mark D. Berniker |
Rhone-Poulenc SA signed an agreement to help the Soviet Union clean up its chemical factories, many
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