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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA EXPO '90. April 17-19. Uniondale, N.Y. New York State Restaurant Association's
Maritime
AIR EXPRESS COURIERS COMPETE FOR SALES IN EAST GERMANY POOR PHONE SERVICE LIMITS FAX USE
Miriam Widman |
Horrendously poor telephone service provides a new market opportunity for express courier services i
UNIONS CALL OFF STRIKE
A.E. Cullison |
An 11th-hour agreement by management to return to the bargaining table avoided the nationwide port s
LEGISLATORS PRESS STATE ON OAKLAND DREDGING PORT'S DECLINE IN BOX CARGO TIED TO DELAY
Mark Magnier |
The Port of Oakland has lined up members of its state congressional delegation in an effort to add f
Maritime
UTILITY OUTLOOK
JOC Staff |
In this issue: NEW ENGLAND: United Illuminating Co., New Haven, Conn.MID-ATLANTIC: General P
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
LYKES' ATLANTIC CONTAINER SERVICE PROVES BIG SUCCESS
Jon Jacobs |
With roots dating to 1900, Lykes Bros. Steamship Co. has gone through many transformations over the
Maritime
DESPITE HARD TIMES IN CHINA, VW MAY INCREASE INVESTMENT SHANGHAI PLANT MAY BUILD GOLF
Philippe Le Corre |
Despite the current austerity campaign and lack of buyers for cars, West Germany's Volkswagen AG is
Maritime
MARK MAGNIER'S INSIDE TALK FROM THE WEST COAST
Mark Magnier |
SEA-LAND RUMORS. The rumors that have sprung up over the past several months about Sea-Land Service
Maritime
RESEARCH STATION NEEDS NEW HOME
(Ap) |
Wanted: Tropical lot for relocation. Must move. Variety of neighbors preferred. Wet basement a must.
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC OIL OUTPUT HITS HIGHEST LEVEL SINCE '81NICOSIA, Cyprus - The Organization of Petroleum
DISASTER COULD BECOME COSTLIEST FERRY ACCIDENT VESSEL INSURED FOR $24 MILLION
Edwin Unsworth |
The Scandinavian Star could become the most costly ever ferry accident if the vessel, insured for $2
AETNA LIFE & CASUALTY RE-ENTERS MARKET IN AUSTRALIA
Vincent W. Stove |
Aetna Life & Casualty Co. is making a comeback in Australia. Just over a year ago the giant
CHEMICAL BRIEFS
From Wire and Staff Reports |
MASS. URGED TO TIGHTEN ANTI-TAKEOVER LAWThe chairman of embattled Norton Co. told Massachuse
COLGATE-PALMOLIVE FINISHES PURCHASE OF CANADIAN FIRM JOURNAL OF COMMERCE STAFF
JOC Staff |
Colgate-Palmolive said it completed acquisition of Canada's leading bleach and fabric softener busin
TOTAL AIR DECONTROL URGED FOR EUROPE
Marion Cotter |
Europe's congested skies and overworked air traffic control system are costing airlines and traveler
AVIATION BRIEFS
From Wire and Staff Reports |
CANADA'S BOMBARDIER BUYS LEARJET ASSETSLearjet Corp., a unit of ailing Integrated Resources
BALTIC FREIGHT INDEX
JOC Staff |
1462 (Apr. 9, 1990) Previous day - 1466 The Baltic International Freight Futures Market in L
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 9, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ENERGY BRIEFS
From Wire and Staff Reports |
COASTAL ARUBA PLANS TRANSSHIPMENT FACILITYCoastal Aruba Refining Co. NV, a subsidiary of the
COMMODITY BRIEFS
From Wire and Staff Reports |
JAPAN SOYBEAN BUYING 50 PERCENT COMPLETE FOR JUNEPurchases of U.S. and Brazilian soybeans fo
CRB FUTURES OUTLOOK
James M. Nevler |
BECAUSE OPEC MEMBERS have been cheating on their quotas, pumping almost 24 million barrelsof oil a d
MANILA SAYS TEXTILE EXPORTS JUMP BY 34 PERCENT US REMAINS LARGEST MARKET
P.T. Bangsberg |
Exports of textiles and garments from the Philippines grew 34 percent in the first quarter, to US$43
Maritime
JAPANESE 'RUST BELT' SEEKS TO ESCAPE TOKYO'S SHADOW
Ronald E. Yates |
Business executives in western Japan's historic Kansai region have cultivated a new respect for Midw
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
CZECHOSLOVAKIA HIRES US IMPORT CONSULTANTCzechoslovakia has hired Aegis Group Ltd., a Washin
Maritime
CHINA PUTS NEW RESTRAINTS ON PRIVATE SECTOR BUSINESS
P.T. Bangsberg |
China appears set to impose further restrictions on privately owned businesses, already suffering fr
Maritime
COST OF CREDIT
JOC Staff |
Mon., April 9, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets & Money 3A * Import Quota Watch 4A* Commodity Research Bureau: G
PEOPLE - MARITIME
From Wire and Staff Reports |
NEDLLOYD LINES (San Francisco) - Two new staff members were named to the San Francisco traffic depar
Maritime
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
POLYVINYL CHLORIDE RESIN BFGoodrich Co.'s Geon Vinyl division will raise prices for pipe-gra
COMMODITY BRIEFS
From Wire and Staff Reports |
YEUTTER SEES OPENING OF JAPAN RICE MARKETU.S. Secretary of Agriculture Clayton Yeutter said
SOVIETS SWAPPING SHIPS FOR PEPSI
(Ap) |
Pepsico Inc. and the Soviet Union signed an agreement Monday to trade Pepsi- Cola for ships and vodk
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
NY TERMINAL LEASE APPROVED HOWLAND HOOK AGREEMENT ASSURES DEVELOPMENT FUNDS
David F. White |
Resolving a 3-year-old impasse, the city's Board of Estimate last week approved a new lease covering
Maritime
SIBERIAN WORKERS PUT OFF THREATENED OIL STRIKE
From Wire Reports |
Workers in the Soviet Union's largest oil field have postponed until late April a planned strike ove
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
CORPORATE TAKEOVERS BY JAPANESE STILL RISECorporate takeovers by Japanese firms are increasi
EUROPEAN DEVELOPMENT BANK TO BE ESTABLISHED MAY 30
Knight-Ridder Financial |
The remaining hurdles to the foundation of the new European Bank for Reconstruction and Development
LYKES THREATENS TO FORSAKE US FLAG CARRIER FACES TOUGH CHOICES
Jon Jacobs |
Lykes Bros. Steamship Co., for 90 years a staunchly American-flag carrier, is eyeing foreign as well
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