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DOLLAR DECLINES IN QUIET TRADING
Knight-Ridder Financial |
The U.S. dollar traded lower against most foreign currencies except for the Japanese yen, which move
MARKETS AND MONEY
Albert L. Kraus |
THE CHICKENS at last are coming home to roost. The budget deficit, which the public adamantly refuse
TACOMA HOPES TO LURE OOCL LINE CURRENTLY USES SEATTLE
John Davies |
Another large steamship line with its Pacific Northwest service based in Seattle is being courted by
Maritime
AIRBORNE FREIGHT DOUBLES PROFIT, SPLITS ITS STOCK TWO-FOR-ONE
John Davies |
With first-quarter profit more than double last year and its stock prices near its all-time high, Ai
BENTSEN WANTS JAPAN NAMED UNFAIR TRADER
Keith M. Rockwell |
Sen. Lloyd Bentsen, D-Texas, warned the Bush administration Tuesday that failure to designate Japan
TRAFFIC BRIEFS
Wire and Staff Reports |
COURT REINSTATES SUIT AGAINST CONRAILConsolidated Rail Corp.'s freight rate policies appear
BALTIC FREIGHT INDEX
JOC Staff |
1402 (Apr. 24, 1990) Previous day - 1414 The Baltic International Freight Futures Market in
Maritime
SANTA FE PACIFIC PLANS SPLIT INTO 3 COMPANIES
Journal of Commerce Staff |
Santa Fe Pacific Corp. plans to split into three separate companies, stockholders at the company's a
INTERSTATE HIGHWAYS SEEN IN POOR CONDITION
Leo Abruzzese |
Nearly half of the nation's interstate highways are in "barely tolerable or worse condition," the Ge
NIGERIAN PLANS TO HALT COCOA BEAN EXPORTS MAY BE SCRAPPED
Blair Pethel |
Nigeria may be forced to suspend its ban on cocoa bean exports, which is due to take effect from Jan
CHINESE PLASTICS OUTPUT EXPECTED TO REMAIN FLAT
P.T. Bangsberg |
Output from China's plastics processing sector this year is expected to be about the same as in 1988
COCOA MARKET IN SLUMP JULY FALLS BELOW SUPPORT PRICE
From Wire and Staff Reports |
Cocoa prices were moderately lower Tuesday after the actively traded July futures contract dropped b
COMMODITY BRIEFS
From Wire and Staff Reports |
US WOULD CONSIDER FOOD AID TO LITHUANIAThe U.S. government would weigh emergency food aid to
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF APRIL 23
Journal of Commerce Staff |
Karel Van Miert, European commissioner for consumer affairs, said Monday that consumers should be pr
Maritime
TRADE FAIRS
From Wire and Staff Reports Trade Fairs appears every |
NORTH AMERICA Caribbean Expo 90. April 27-May 6. Port of Spain, Trinidad and Tobago. Contact
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 24, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRANCE'S TRADE DEFICIT NARROWED LAST MONTHFrance registered a seasonally adjusted merchandis
ENERGY BRIEFS
Wire and Staff Reports |
NORSK HYDRO AGREES TO DEVELOP SOVIET FIELDNorway's Norsk Hydro group Monday signed a contrac
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
JAPANESE DEBT LOAD PLACED AT $1 TRILLION
A.E. Cullison |
Preliminary national budget statistics for fiscal 1989 suggest that Japan's already massive public d
10 COMPANIES SEEK FORWARDER LICENSES
Journal of Commerce Staff |
Ten companies are seeking licenses from the Federal Maritime Commission to operate as ocean freight
Maritime
CORRECTION
JOC Staff |
Norton Lilly International Inc., a steamship agent, is based in Secaucus, N.J. The company's headqua
Maritime
EDI EXCHANGE
Tony Seideman |
EXECUTIVE EGOS may keep railroads from effectively using the paperless trading technology ofthe futu
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPANESE CAN ORDER NY GOODS IN THE MAILJapanese who haven't the energy to go to New York can
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
CARGILL EYES SETUP OF JAPAN OJ FACILITYCargill North Asia Ltd., a Japanese unit of Minneapol
TREASURY BACKS SHIFT OF CFTC POWER TO SEC
From Wire Reports |
The Bush administration is backing a proposal for the Securities and ExchangeCommission, whi
MONSANTO, DOW EARNINGS DROP
Pei-Tse Wu |
Monsanto Co. and Dow Chemical Co. Tuesday reported lower first-quarter earnings, as the companies fe
MC SHIPPING DECLARES 45-CENT DIVIDEND
Journal of Commerce Staff |
MC Shipping Inc. declared a dividend of 45 cents a share for the quarter ended March 31. "Th
Maritime
ENERGY DEPARTMENT TO PLAY LARGER ROLE IN EXPORTS
Tim Sansbury |
The U.S. Energy Department is creating a new export office to help expand international sales of oil
RICHARD MALKIN'S AIR CARGO FOCUS
Richard Malkin |
For Link America, one of the air cargo industry's largest road feeder operations, its first decade h
BAYER '89 PROFIT UP
Knight-Ridder Financial |
West German chemical concern Bayer Tuesday reported post-tax profit of 2.12 billion Deutsche marks (
COMEX INCREASES SPOT COPPER MARGIN
Knight-Ridder Financial |
The New York Commodities Exchange Inc. announced that it will raise the spot April margin requireme
JAPANESE OFFICIAL BULLISH ON GLOBEX NOD
Knight-Ridder Financial |
Japan's vice-minister of finance for international affairs, Makoto Utsumi, spoke favorably Tuesday a
PORTLAND PORT PLANS GENERAL CARGO WAREHOUSE
Journal of Commerce Special |
The Port of Portland said it is planning to build a $1.7 million, 100,000- square-foot general cargo
Maritime
EXXON VALDEZ DAMAGE STUDY DRAWS CRITICISM
WILLIAM DiBENEDETTO |
It is tough to find anyone who is pleased with the government's study and assessment of natural reso
Maritime
AIR NETWORK OVERHAUL CAN'T GET OFF GROUND
(Ap) |
The multibillion-dollar effort to overhaul the air traffic control network has become mired in delay
CONFLICTING RULES STALL TRAIN FULL OF GARBAGE
David M. Cawthorne |
Ten Consolidated Rail Corp. boxcars of unwanted New York garbage sitting in aCSX Transportat
FREIGHT RATE FUTURES
JOC Staff |
Apr. 24, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
OIL SPILL CONFEREES DEBATE BILL TODAY
WILLIAM DiBENEDETTO |
There's a run on legal pads, ball-point pens and blank audio tape today. That's because 64 H
Maritime
ETHICS REPORT DISPUTED IN NY OFFICIAL SAYS NO LAWS BROKEN
From Wire and Staff Reports |
A state Insurance Department official on Tuesday defended the agency against allegations of possible
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