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INSURERS LEARNED FROM '87 STORM
Edwin Unsworth |
In addition to headlines of the gales which had racked Britain the previous day, Friday's editions o
ILLINOIS CENTRAL RAIL POSTS HIKE IN EARNINGS
Journal of Commerce Staff |
Illinois Central Railroad Co. earned $8 million in the fourth quarter onrevenue of $139.8 million. T
Rail News
DOT'S DRUG TESTING CRITICIZED
Leo Abruzzese |
The Department of Transportation is not properly managing its new drug- testing program for workers
Rail News
EUROPEAN INSURERS BRACE FOR HUGE STORM LOSSES
Edwin Unsworth |
European insurers are bracing themselves after last week's storms for what could be their largest ev
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Jan. 20, total piggyback freight hauled on the nation's majorrailroads, which is
Rail News
JAPANESE YARD DENIES REPORT OF IMMINENT BOXSHIP ORDER
A.E. Cullison |
A spokesman for Onomichi Dockyard Co. denied a published report that Taiwan's Evergreen Marine Corp.
Maritime
AVIANCA PLANE HULL SAID TO BE INSURED FOR $5.3 MILLION
William Armbruster |
The hull of the Avianca plane that crashed in New York last Thursday was insured for $5.3 million, a
CALIF. URGED TO FOCUS ON ASSIGNED RISK CRISIS
Jerry Goldberg |
An estimated 1,000 insurance producers protesting commission reductions swarmed into a public hearin
CHEMICAL BRIEFS
From Wire and Staff Reports |
WAITING PERIOD ENDS FOR ATLAS-ICI MERGERThe proposed merger between Atlas Powder and Britain
INSURANCE BRIEFS
Wire and Staff Reports |
JAPAN'S ASAHI BOOSTS STAKE IN BELGIUM'S AGBRUSSELS, Belgium - The Japanese group Asahi Mutua
SIMON SAYS
Howard Simon |
THE WISH LIST KEEPS GROWING. Aluminum industry executives wish for: a recession-less economy
OXYCHEM-SOVIET PLANS QUESTIONED
Pei-Tse Wu |
An Occidental Chemical Co. official at Occidental Petroleum Co.'s Los Angeles headquarters said Frid
MORE CANADIAN LOCALS TO CUT TIES WITH ILA
Leo Ryan |
Several dockworkers union locals in eastern Canada are preparing to follow Montreal's lead by breaki
MONSANTO EXTENDS UNIVERSITY RESEARCH PACT
Journal of Commerce Staff |
Monsanto Co. will extend an eight-year joint biomedical research agreement with Washington Universit
HUNTSMAN LEADS FIGHT TO PREVENT ARISTECH TAKEOVER
John Maggs |
Investor Jon Huntsman has enlisted the aid of GE Plastics in his battle to wrest away Aristech Chemi
FRENCH BACK FARM SUPPORTS
Keith M. Rockwell |
The president of the largest farm organization in the European Community said French farmers cannot
SOVIETS DENY RUMOR OF SUGAR PURCHASE
Knight-Ridder Financial |
The Soviet Union has not bought any sugar on the world market in the past two days and has no plans
W. GERMANS MIXED ON EAST'S PROPOSAL
Miriam Widman |
West Germans have registered mixed reactions to East Germany's plan to liberalize its joint venture
Maritime
BECHTEL LANDS PIPELINE PROJECT IN SINGAPORE
Mark Magnier |
Bechtel Group has landed a $30 million pipeline project in Singapore, its first turnkey construction
GROUPS TO LAUNCH DRIVE TO END CUSTOMS FEE IMPORT CHARGE HAS MANY FOES
Richard Lawrence |
Influential business groups are about to mount a coordinated congressional effort to end a customs u
Maritime
CORRECTION
JOC Staff |
The Trading With Israel column published on Page 4A in The Journal of Commerce of Thursday, Jan. 25,
Maritime
NEW BRAZIL GOVERNMENT TO MOVE FAST
Richard Lawrence |
Brazilian President-elect Fernando Collor de Mello said he will send a government economic team to W
Maritime
K-III TO BUY TRANSPORT PUBLISHER
(Ap) |
An investment group led by the former head of Macmillan Inc. said Thursday it had agreed to acquire
DOLLAR TO REMAIN IN NARROW RANGE
Kevin Commins |
The dollar will remain in a narrow trading range until a clearer picture emerges of thecondition of
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
THE ECONOMY
Wire and Staff Reports |
FED EASING PREDICTED TO SPARK GNP IN '90Easing begun last year by the Federal Reserve will l
PROGRAM TRADING WORRIES JAPANESE
Kuniko Baba |
Japan's Finance Ministry is concerned about the growing popularity of program trading and its effect
FINANCIAL BRIEFS
Wire and Staff Reports |
CANADA TO RESUME AID TO SOUTHEAST ASIA AREACanada, saying the world must make peace in Cambo
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPAN'S OUTPUT SLOWS; INFLATION RATE SOARSThe Japanese inflation rate soared and production
NEWS SUMMARY
JOC Staff |
* Kevin Commins - Currency Forecast 3A * Leo Ryan - Trade Talk From Canada 4A* JofC Industri
AUTOMAKERS DRIVE SAFETY POINT HOME
From Wire Reports |
The world's automakers are loading up their cars with advanced new safety technology as a way to mak
COST OF CREDIT
JOC Staff |
Fri., Jan. 26, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
STRIKERS HAVE LITTLE EFFECT ON NEXT JOB DATA REPORT
Knight-Ridder Financial |
The number of workers going on strike or returning to work was small in January and should barely af
US-SOVIET TALKS END WITHOUT AN AGREEMENT
Mark D. Berniker |
Talks between U.S. and Soviet maritime delegations ended last week without an agreement. "Th
Maritime
JOFC INDEX DECLINES
Gordon Platt |
The Journal of Commerce Industrial Price Index declined in the week ended Friday, as higher plywood
SEA-LAND ANNOUNCES MANAGEMENT RESHUFFLE
Journal of Commerce Staff |
Sea-Land Service Inc. Friday announced assignments for nine executives in its Americas division in t
Maritime
SAN FRANCISCO PORT OFFICIAL BLASTS FEDERAL GOVERNMENT ON DREDGING
Mark Magnier |
James Herman, newly elected port commission president of the Port of San Francisco, lashed out at th
Maritime
STOLT TANKERS REPORTS PROFIT OF $70.9 MILLION
Journal of Commerce Staff |
Stolt Tankers and Terminals (Holdings) SA posted a profit of $70.9 million for the fiscal year endin
Maritime
BARGE LAUNCHED BY SAUSE BROTHERS
Journal of Commerce Staff |
Sause Brothers Ocean Towing Co. said it has launched the tank barge Klamath on its maiden voyage.
Maritime
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
LEGISLATIVE SUPPORT always seems close at hand for the Port of Charleston, and once again South Caro
Maritime
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