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US, MEXICANS FAVOR COMMON MARKET FOR NORTH AMERICA
(Ap) |
Creation of a North American common market, consisting of the United States, Canada and Mexico, is a
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
KEY HONG KONG PEOPLE TO GET UK CITIZENSHIPU.K. Foreign Secretary Douglas Hurd announced Wedn
Maritime
CANADIAN BIG BUSINESS WELCOMES REDUCED LEVY
Leo Ryan |
Big business in Canada welcomed a reduction in the proposed goods and services tax from 9 percent to
Maritime
TRANS FREIGHT LINES SEES OPPORTUNITIES IN CONNECTING SERVICES
Jon Jacobs |
Connecting services, such as a newly announced link between the United Kingdom, North Europe and the
Maritime
EXCLUSIVE BRITISH STORES PROSPERING
Edwin Unsworth |
To anyone who can afford to write a check for nearly $200,000 for a Rolls- Royce, paying $1,400 for
Maritime
TRADING WITH ITALY ITALIAN TRADE GAINS COME SLOWLY
Charles Thurston |
Italy's trade with the United States is expanding slowly as each country grapples with slow domestic
Maritime
TFL PLANS TO ADD SHIPS TO WEST COAST RUN WON'T ENTER US INLAND MART
Jon Jacobs |
Trans Freight Lines plans to introduce more ships into its all-water service between the U.S. West C
Maritime
PORT OF PORTLAND, ORE., TO SELL, LEASE LAND
Journal of Commerce Staff |
The Port of Portland Commission has approved land sales to GranPac Foods Inc. and H.A. Andersen Co.
Maritime
SHIPOWNERS UNDECIDED ABOUT SHIFTS IN REGISTRY
William Armbruster |
Shipowners who had considered transferring their registries from Panama stopped in their tracks Wedn
Maritime
CANAL CALLED VULNERABLE TO MANY TYPES OF SABOTAGE
Journal of Commerce Special |
Experts agreed Wednesday that the Panama Canal might be vulnerable to sabotage, but differed as to w
Maritime
EAST COAST, GULF PORTS WORRY ABOUT FUTURE OF PANAMA CANAL
Allen R. Wastler |
Officials at East Coast and Gulf ports spent Wednesday biting their nails as they tried to determine
Maritime
PIPELINES SAY SUPPLIES AMPLE
Neil Springer |
Some interstate natural gas pipelines have curtailed interruptible services to devote their capacity
SPOT PRODUCT PRICES
JOC Staff |
Dec. 20, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
FUEL OIL INVENTORIES PLUNGE TO LOWEST LEVELS IN YEARS
Sam Glasser |
The fuel oil industry continued to operate on what was essentially a hand-to- mouth basis on Wednesd
ASHLAND ACQUIRES PRIME COAL LANDS IN WEST VIRGINIA TRACTS ARE PART OF BP OFFERING
Tim Sansbury |
Ashland Coal Inc. reached an agreement to purchase prime West Virginia coal tracts from BP America I
ENERGY BRIEFS
Wire and Staff Reports |
AGREEMENT IS WORKING, OPEC'S SUBROTO SAYSVIENNA, Austria - Organization of Petroleum Exporti
LUBE CENTERS OK'D FOR DALLAS/FORT WORTH
Journal of Commerce Staff |
Tri Texas Inc. said Tuesday that its subsidiary, Instant Car Care Centers Inc., in conjunction with
ENERGY BRIEFS
Wire and Staff Reports |
NYMEX RAISES PROPANE, HEATING OIL MARGINSThe New York Mercantile Exchange raised margins on
DISTILLATE STOCKS FELL LAST WEEK
Journal of Commerce Staff |
Distillate supplies decreased while gasoline inventories increased, the American Petroleum Institute
JAPAN TO DECIDE FATE OF AUTO CURBS
A.E. Cullison |
The Kaifu administration is expected to reach a decision before the end of this month on whether to
Maritime
FOREIGN STEEL MILL IGNITES CONTROVERSY AT INDIANA PORT
Kevin Commins |
Indiana's top port official claims that Bethlehem Steel Corp. is undermining an attempt to lure a fo
Maritime
AMERICAN AIRLINES TO BEGIN SAN JOSE TO HAWAII SERVICE
Knight-Ridder Newspapers |
American Airlines will begin daily non-stop service between San Jose and Honolulu on March 2, a step
Air Cargo
IMPORT BRIEFS
From Wire and Staff Reports |
STEEL INSTITUTE ELECTS J. GRIFFEN PRESIDENTThe American Institute for Imported Steel Inc. ha
Maritime
EAST-WEST VENTURES SOARING
John Zarocostas |
Thousands of new East-West joint ventures have been registered this year, according to a survey rele
Maritime
RAZING OF BERLIN WALL CREATES NEW RETAIL CRAZE
Paula L. Green |
Crates filled with two-ton slabs of the Berlin Wall have made a 5,000-mile journey via truck and air
Maritime
FEDERAL APPEARS TO BE READY TO SETTLE ON SCOTLAND HUB
Phillip Hastings |
Federal Express Corp. looks increasingly likely to choose Prestwick in Scotland as the site for a ne
Air Cargo
SIGN OF FED MOVE PUSHES UP DOLLAR
From Wire and Staff Reports |
The U.S. dollar turned mostly lower Wednesday on the first clear sign of an easing of credit by the
SOVIETS EXPLORE BOND FINANCING THE SPIRIT OF PERESTROIKA
From Wire Reports |
In the spirit of perestroika, the Soviet Union hopes to borrow from the United States a financing te
US PLANS TO DEMOLISH EMBASSY IN MOSCOW
(Ap) |
Secretary of State James A. Baker III notified Congress Wednesday that the U.S. Embassy in Moscow wi
JAPANESE PAY $32.7 MILLION TO END THREAT OF US SUIT
(Ap) |
The U.S. government is being paid $32.7 million by 99 Japanese companies to settle bid-rigging charg
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US INVASION OF PANAMA DISRUPTS CARGO FLIGHTS
Journal of Commerce Staff |
The U.S. invasion of Panama early Wednesday disrupted normal aviation and air cargo movements to tha
Air Cargo
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
THIRD-QUARTER GDP ROSE 0.5 PERCENT IN BRITAINA rise in the output of the United Kingdom's en
IRAQ VOWS TO HIKE PAYMENTS TO JAPAN
Knight-Ridder Financial |
Iraq has promised to increase payments on its debt to Japanese companies partly through payment for
CONTINENTAL DISCUSSES DEALS WITH PAN AMERICAN, TWA
Ted Reed |
Pan American World Airways' search for a partner reportedly has taken Chairman Thomas Plaskett to Fr
Air Cargo
TRADE MOVE ON CHINA SEEN HAVING LITTLE EFFECT
Richard Lawrence |
President Bush's decision Tuesday to ease specific sanctions against China will have no sweeping eff
MARKED SLOWDOWN CITED IN GROWTH OF ECONOMY
(Ap) |
The U.S. economy grew at an annual rate of 3 percent from July through September, the government sai
COST OF CREDIT
JOC Staff |
Wed., Dec. 20, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FINANCIAL BRIEFS
From Wire and Staff Reports |
SOUTH KOREAN BANK SET TO BE PRIVATIZEDSEOUL, South Korea - South Korea's state-run Korea Exc
NEWS SUMMARY
JOC Staff |
* Trading With Italy 4A * Tom Connors - Washington 8AAIR CARGOUnited Parcel Service
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