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METHANOL DEMAND SEEN HIKING PRICE OF FORMALDEHYDE
Pei-Tse Wu |
Formaldehyde prices may begin to rise by the middle of January because of increased demand for a pri
FUTURES REGULATORS PLAN TRIAL DUAL TRADING BAN
Knight-Ridder Financial |
The Commodity Futures Trading Commission Thursday proposed a trial ban on dual trading by floor brok
IMF EXPECTS EAST BLOC TO PLAY GROWING ROLE IN WAKE OF REFORMS
Richard Lawrence |
East European countries, in a prospective effort to integrate their economies with the West, are tur
COCOA FUTURES RALLY IN NY
Knight-Ridder Financial |
Cocoa futures rallied late Thursday when commission house buy-stops were triggered in the March 1990
EX-IM BANK ESTABLISHES $4.8 BILLION LOSS RESERVE
Journal of Commerce Staff |
The Export-Import Bank announced that it has established a $4.8 billion loss reserve for its loans a
JOBLESS RATE 9.9 PERCENT IN BELGIUM
Knight-Ridder Financial |
The Belgian unemployment rate in December was unchanged from November at 9.9 percent of the labor fo
PHILIPPINE BANKER: DEBT CYCLE IS BROKEN
From Wire Reports |
The Philippines is coming to grips with the burden of debt hobbling its economy through restructurin
BIG THREE AUTO SALES FELL IN LATE DECEMBER
From Wire Reports |
The Big Three U.S. automakers on Thursday reported a 14 percent slump in late- December sales of Nor
ROMANIA FACES THE REBUILDING OF A BROKEN ECONOMY
Chicago Tribune |
Oranges, originally bought to feed Romania's elite, have gone on sale in Bucharest stores for the fi
MARITIME CALENDAR
JOC Staff |
Society of Marine Consultants. Jan 10. New York. Special luncheon seminar on ''Equal Rights for Safe
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
ARCHER DANIELS SELLS ETHANOL TO BRAZILDECATUR, Ill. - Archer Daniels Midland Co. sold a "sub
REPORT PRESENTS OPTIONS FOR SITES OFF FLA., CALIF.
(Ap) |
A federal task force recommends a wide array of options for oil development at three controversial o
MANAGING TRAFFIC
Greg Johnson |
IT CAN'T BE TOO happy a new year for full-truckload shippers, who face stiff fuel-pricesurcharges.
Trucking News
MARINE INDEX BUREAU PICKS ADVISERS IN TOWING FIRMS
Journal of Commerce Staff |
The Marine Index Bureau, a group that maintains employment and health records of maritime personnel
Maritime
INTERNATIONAL PAPER BUYS ZANDERS SHARES
Journal of Commerce Staff |
International Paper has acquired shares of Zanders Feinpapiere AG in West Germany, bringing its hold
FEDERAL AID SEEN LIKELY FOR FLA. CITRUS GROWERS
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter said citrus farmers whose crops were decima
CSCE POSTS 12 PERCENT HIKE IN '89 TRADING VOLUME
Knight-Ridder Financial |
Trading activity on the Coffee, Sugar and Cocoa Exchange Inc. reached an all- time high of 11.2 mill
CENTRAL BANKS ACT TO SQUELCH DOLLAR'S RALLY
Gordon Platt |
Central banks moved quickly Thursday to squelch the dollar's New Year's rally, with the tacit approv
INTERNATIONAL BRIEFS
Wire and Staff Reports |
TAIWAN FORMALLY SEEKS MEMBERSHIP IN GATTTAIPEI, Taiwan - Taiwan has formally applied to join
Maritime
EXPORT BRIEFS
From Wire and Staff Reports |
KEYSTONE COUNTERSUES MITSUBISHI INTERNATIONALCLIFTON, N.J. - Keystone Camera Products Corp.
Maritime
EAST BLOC ENTERS '90S ON UNCHARTED COURSE CAN GORBACHEV PROVIDE ANSWERS?
(Ap) |
The Soviet Union and its old East bloc allies roared out of the 1980s on a wave of reform that shatt
Maritime
WORLD BANK AGENCY INKS FIRST INSURANCE CONTRACT
Richard Lawrence |
A World Bank agency announced Thursday its first investment insurance undertaking. The Multi
NEW YORK HEALTH INSURERS GRANTED HIGHER RATE HIKES THAN REQUESTED
Lorraine Iannello |
The New York State Insurance Department has granted higher health insurance rates than health insure
PHILA.'S LARUE PRAISED FOR PILOTING PORT THROUGH STORMY ERA
Gary Cohn |
To hear maritime leaders tell it, port official John P. LaRue's ship is about to come in. Mr
Maritime
VOLCANO AGAIN DISRUPTS ALASKAN AIR TRAFFIC
(Ap) |
Redoubt Volcano slipped into slumber after gushing ash and steam 8 miles high, but air traffic remai
Air Cargo
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
US FORECASTS GROWTH IN AIR CARGO THIS YEAR EXPORT DEMAND TO DRIVE TREND
Leo Abruzzese |
U.S. transportation analysts are forecasting an 18 percent increase in air freight business this yea
Air Cargo
MARITIME BRIEFS
From Wire and Staff Reports |
B.C.L. US-MED LINE TO RAISE SOME FEESLondon-based B.C.L US-Med Line said it is raising its t
Maritime
WORLDWIDE EDI USER POPULATION NOW EXCEEDS 14,000 COMPANIES
Tony Seideman |
More than 14,000 companies worldwide have implemented electronic data interchange, according to EDI
CHEMICAL BRIEFS
From Wire and Staff Reports |
MONTEDISON COMPLETES HIMONT SHARE OFFERMontedison SpA, the Italian chemicals group, announce
US OFFERS TO SELL EC MEAT FREE OF HORMONES
Knight-Ridder Financial |
The United States proposed in late December that it resume some beef sales to the European Community
COMMODITY BRIEFS
From Wire and Staff Reports |
BORDEN BUTTER GROUP SOLD TO FRENCH DAIRYNEW YORK - Borden Inc. confirmed Thursday that it ha
THE JOURNAL OF COMMERCE - EXPORTERS' CLIP AND SAVE SERVICE DUTY DRAWBACK REFUND FOR EXPORTERS
JOC Staff |
BACKGROUND: Thousands of U.S. exporters may be eligible for refunds of billions of dollarsfrom the U
Maritime
PLASTIC CARDS KEEP YOUR BANK ACCOUNT CLOSE AT HAND
Mike Shoup |
You've heard the ad; we've all heard the ad: The American Express card. Don't leave home without it.
BALTIMORE TO CLOSE 2 OFFICES IN FAR EAST
WILLIAM DiBENEDETTO |
In a budget-cutting move, the Maryland Port Administration is phasing out the operation of the Port
Maritime
THAILAND IN MIDST OF DAIRY BOOM
From Wire Reports |
Many Asians are moving away from their traditional rice diet to more protein- rich, Western-style fo
Maritime
PEOPLE - CHEMICAL AUSIMONT PRESIDENT RESIGNS POSITION
A Staff Report |
Ausimont NV, a subsidiary of the Montedison-Ferruzzi Group, announced Thursday that Howard E. Harris
GATT TO RULE ON US CURBS ON FARM IMPORTS
Knight-Ridder Financial |
A General Agreements on Tariffs and ruling on the international legality of a 1955 U.S. waiver that
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Thu., Jan. 4, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
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