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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
TAIWAN ACTS TO STABILIZE ITS CURRENCY
Steve Glain |
Taiwan's central bank is intervening in the foreign exchange market for the first time in months to
FIRMS LOOK TO CARIB BEAN AHEAD OF HONG KONG '97
Rosalind Rachid |
Charles Burkett is taking eggs out of his Asia basket and putting them into a new basket in the Cari
SUSPENSION OF COFFEE AGREEMENT ELIMINATES TWO-TIER MARKET
Blair Ethel |
Since suspension of the 1983 International Coffee Agreement in July, the two- tier world coffee mark
ENERGY BRIEFS
Wire and Staff Reports |
CALIF. COMMISSION BANS NEW OIL LEASE SALESCalifornia's State Lands Commission voted to ban n
AVIATION BRIEFS
- From Wire and Staff Reports |
EL AL, AEROFLOT PLAN ISRAEL-SOVIET FLIGHTSTEL AVIV, Israel - Israel's national airline El Al
Air Cargo
GRAND JURY INDICTS TWO IN GROUNDING
(Ap) |
Two brothers aboard a ship that rammed a fragile coral reef were indicted on federal charges of oper
Maritime
ELECTRIC SHORTAGE MAY BE TWICE AS BAD AS EXPECTED
Janet Plume |
The demand for electric power in the United States by the turn of the century will be twice as large
FREIGHT RATE FUTURES
JOC Staff |
Dec. 7, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
NY FUEL OIL PRICES ARE STABLE
Journal of Commerce Staff |
Average retail prices of home heating oil remained stable in New York during the two weeks ending No
BALTIC FREIGHT INDEX
JOC Staff |
1605 (Dec. 7, 1989) Previous day - 1606 The Baltic International Freight Futures Market in L
Maritime
CANADIAN MCDONALD'S FEEL IT'S A GOOD TIME FOR SWITCH TO CANOLA
Rosalind Krasny |
McDonald's 200 fast food outlets in Canada are poised to switch to canola oilfrom corn oil f
MARAD APPROVES EXPANDED USE OF APL FEEDER VESSELS IN CHINA
Marie Prat |
American President Lines Ltd. won Maritime Administration approval to expand its use of foreign-flag
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Dec. 7, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
COMMODITY BRIEFS
From Wire and Staff Reports |
PRECIOUS METALS ERASE EARLIER LOSSESCommodity Exchange Inc. gold futures surged in late trad
ENERGY BRIEFS
Wire and Staff Reports |
PENNZOIL CO. ACQUIRES 9 PERCENT STAKE IN CHEVRONPennzoil Co., Houston, announced Thursday it
OPEC'S ABILITY TO FINANCE CAPACITY BOOST QUESTIONED
From Wire Reports |
The Organization of Petroleum Exporting Countries needs billions of dollars for exploration and expa
INCREASE IN RESIN SALES ATTRIBUTED TO EXPORT GAINS
Pei-Tse Wu |
Exports emerged as the main growth market for plastic resin in 1989, according to statistics release
MEXICO'S OIL PRICE TO FAR EAST FALLS
Knight-Ridder Financial |
The price of Mexican crude oil sold in the Far East in November dropped between 3 and 13 cents a bar
COAL EXPORTS RUHRKOHLE STUNS US PRODUCERS WITH LOW BIDS
Tim Sansbury |
Ruhrkohle Trading Corp. sent shock waves through coal exporting circles Thursday by significantly un
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
NEW ELECTRONIC SYSTEM LETS UPS USERS SEE IMAGES OF DOCUMENTS
Tony Seideman |
A picture is worth a thousand bytes. United Parcel Service Inc., Greenwich, Conn., has creat
VIETNAM FEARS LOSS OF EAST BLOC TRADE
Gary Aderman |
The unprecedented opening to the West by the Soviet Union and its allies is worrying officials in im
Maritime
TRAFFIC BRIEFS
- From Wire and Staff Reports |
MD., VA. OFFICIALS CITE BACKING FOR BYPASSESOfficials of the Maryland and Virginia highway d
Trucking News
MANAGING TRAFFIC
Greg Johnaon |
A RETAIL SHIPPER's Far East distribution network remains intact despite the Federal Express Corp. pl
Trucking News
LOW WATER LEVELS ON MISSISSIPPI GROUND BARGE TOWS NEAR ST. LOUIS
Jeff Reisner |
Low water levels are raising the specter of Mississippi River shutdowns, with part of the river alre
Rail News
ICC TO HEAR LABOR CASES REMANDED BY COURT
Journal of Commerce Staff |
The Interstate Commerce Commission has scheduled a hearing for Dec. 19 on two labor-protection cases
Rail News
INTERNATIONAL BRIEFS
Wire and Staff Reports |
SOUTH KOREA TO ENFORCE COCOM RESTRICTIONSSEOUL, South Korea - South Korea is to enforce Coor
Maritime
COAL FIRM LAUNCHES FIRST OF NEW BARGES ORDER BOOSTS NEEDED CAPACITY
Dave Higdon |
A Tennessee coal company and an Indiana shipyard entered a new era Thursday when the barge Pen 101 s
Rail News
GREEKS ANGRY AT CALL FOR AN OPEN AEGEAN
Victor Walker |
Greek cruise shipowners, the Chamber of Shipping and maritime trade unions have reacted sharply to a
Maritime
NEW MINISTER BUOYS INDIA INVESTORS
Neel Patri |
The crucial industry portfolio in India's newly installed National Front coalition government has go
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Dec. 2, total piggyback freight hauled on the nation's majorrailroads equaled 122
Rail News
CHINA'S CAR-BUYING PLAN SEEN SHORT-TERM REMEDY AUSTERITY DRIVE HAMPERS SALES
Helen Berg |
The government's loudly trumpeted measure to buy stockpiled cars from joint ventures is a short-term
Maritime
SHIPOWNERS BACK LEBACK ON SUBSIDIES
David F. White |
Representatives of the U.S.-flag shipping industry voiced strong support Thursday for a subsidy refo
Maritime
ORACLE SALES OF SOFTWARE IN BRAZIL TOP EXPECTATIONS
James Bruce |
After waiting for years to enter the Brazilian market, an American computer software company is decl
Maritime
EVERGREEN TO ADD CAPACITY ON ROUTE LARGER VESSELS FOR US SERVICE
John Davies |
Heavy cargo volume from Hong Kong and Taiwan is prompting Evergreen Marine Corp. to replace ships in
Maritime
THE ECONOMY
Wire and Staff Reports |
SLIGHT RISE PREDICTED IN JOBLESS RATEEconomists say an expected 147,500-job gain in non-farm
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
SOUTH KOREA PREDICTS $3 BILLION TRADE DEFICITSEOUL, South Korea - South Korea, hit by sluggi
COST OF CREDIT
JOC Staff |
Thu., Dec. 7, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
CONSUMER ORGANIZATION FLUNKS MORE THAN 10 PERCENT OF AUTO INSURERS
David Conn |
The report cards are out, and for the students the good news is that the lower the score the better.
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