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FINANCIAL BRIEFS
Wire and Staff Reports |
VENEZUELA DEBT SCHEME MAY START IN JANUARYTOKYO - Venezuela seeks to start its "Venezuelan T
FEWER COMPANIES AVOIDING TAXES
(Ap) |
The number of large profitable corporations that manage to avoid paying federal income tax dropped f
J.T. MENZIES NAMED 'PORT LEADER OF YEAR'
Journal of Commerce Staff |
John T. Menzies, chairman of the Port of Baltimore's Private Sector Port Committee, was named "Port
Maritime
PAKISTANI CARRIER WANTS TO EXPAND, MODERNIZE ITS FLEET
William Armbruster |
M.A. Jafari has a simple plea, one that he keeps repeating. "I just want more ships," says Pakistan
Maritime
STEEL QUOTA BILL CLEARS SENATE PANEL
Journal of Commerce Staff |
The Senate Finance Committee cleared Wednesday a bill authorizing the U.S. Customs Service to contin
Maritime
FORMER CITICORP CHIEF HITS OUTDATED ACCOUNTING
Lorraine Iannello |
Outdated national accounting methods have led to a "steady decline" in the ability of insurers and o
COSCO SHIPS SAIL FULL DESPITE US-CHINA CRISIS
John Davies |
Trade between the United States and China appears to be booming despite political tensions between t
LOWER COTTON FUTURES SEEN DRAWING MILLS BACK INTO MARKET
Linda Hopwood |
The break in prices Friday and Monday has sent New York cotton futures to the lower end of their rec
COMMODITY SWAPS OFF TO MODEST BEGINNING
Kevin Commins |
Commodity swaps are developing more slowly than some dealers expected, despite the entrance of sever
TRANSPORT EARNINGS
From Wire and Staff Reports |
ILLINOIS CENTRAL LOSES $1 MILLION IN QUARTERIllinois Central Railroad Co. lost $1 million in
Trucking News
SPOT PRODUCT PRICES
JOC Staff |
Nov. 15, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
UK WHEAT SALES TO CHINA ESTIMATED AT 900,000 TONS
Knight-Ridder Financial |
Total U.K. sales of wheat to China since July 1 now total around 900,000 metric tons, trade sources
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
US HIT ON APPROACH TO FOREIGN INVESTMENT
Richard Lawrence |
The U.S. government lacks the basic database for forging an informed policy toward soaring foreign i
EC PLANS COMMON MESSAGING SYSTEM
From Wire Reports |
Europeans, whose radio-pagers now work only within national borders, will be able to beep each other
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
BALTIC FREIGHT INDEX
JOC Staff |
1648 (Nov. 15, 1989) Previous day - 1648 The Baltic International Freight Futures Market in
Maritime
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
SPECIALTY GASES Air Products and Chemicals Inc., Allentown, Pa., said Wednesday it will rais
DONOHUE RIPS RAILROAD STANCE ON TRUCK TAXES
Leo Abruzzese |
The head of the nation's largest truckers' group ripped the railroad industry this week for advocati
Trucking News
NATURAL GAS PROPOSALS PASS ENVIRONMENTAL TEST
(Ap) |
The Federal Energy Regulatory Commission said that the Iroquois and Champlain natural gas pipelines
ECONOMIC DATA ABROAD
Wire and Staff Reports |
UK INDUSTRIAL OUTPUT FELL 0.8 PERCENT IN SEPTEMBERU.K. seasonally adjusted industrial produc
ECONOMY, DOLLAR DIP MAY BOOST EXPORTS
Michael S. Lelyveld |
A declining dollar and recessionary trends are likely to boost exports, curb imports and ease the na
MALAYSIA FOCUSES ON SOLVENCY RULES
P.T. Bangsberg |
The government of Malaysia promised to tighten local solvency requirements as it warned the insuranc
DUAL TRADING RESTRICTIONS LOOM
Knight-Ridder Financial |
A Commodity Futures Trading Commission study has not found that dual trading is a "critical ingredie
FREIGHT RATE FUTURES
JOC Staff |
Nov. 15, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
CZECHOSLOVAKIA TRIES TO LURE US INVESTMENT
Richard Lawrence |
Czechoslovakia, while embracing a "go-slow" approach to economic reform, is trying to attract Americ
CU BLAMES HURRICANE HUGO FOR 31.6 PERCENT DROP IN PROFIT
Edwin Unsworth |
Commercial Union Assurance Co. PLC blamed the costs of Hurricane Hugo and other weather-related loss
CALIFORNIA KIWI EXPORTERS SET SIGHTS ON ASIAN MARKET
Rose A. Horowitz |
California kiwi growers are targeting sales in South Korea and other Asian markets this year as thei
Maritime
TRADE OFFICIALS RALLY IN JAPAN TO SPUR PROGRESS IN GATT TALKS
From Wire Reports |
Ministers from 27 countries gathered in Tokyo Wednesday to give political impetus to world trade neg
Maritime
WEST'S ECONOMIC WATCHDOG TO REVIEW E. EUROPEAN EVENTS OECD MAY REVISE W. GERMAN FORECAST
From Wire Reports |
The impact of the turmoil in Eastern Europe on Western economies is likely to dominate OECD policy t
Maritime
COST OF CREDIT
JOC Staff |
Wed., Nov. 15, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
IMPORT BRIEFS
Wire and Staff Reports |
SOUTH KOREAN EXPORTS OF CARS DECLINE 36.4 PERCENTSEOUL, South Korea - South Korean car expor
Maritime
REGULATORS MAY TARGET CAR RENTAL INSURANCE 'ADD-ON' POLICIES BEING SCRUTINIZED
David Conn |
The National Association of Insurance Commissioners is considering doing to car rental "add-on" insu
PETROCHEMICALS DOWNTREND LOOMS
Journal of Commerce Staff |
Several years of booming profits and rapid expansion of the world olefins industry is driving that i
BA PROFITS HIT A RECORD ALTITUDE ON LONG-HAUL AND CARGO GROWTH
Edwin Unsworth |
British Airways PLC had a pretax profit of 163 million ($258 million) during its second quarter end
Air Cargo
CARRIERS OPPOSE BID TO REOPEN HAWAII CASE
Journal of Commerce Staff |
American President Lines Ltd. is saying "thanks, but no thanks" to a Honolulu Christmas tree salesma
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year11/15 11/14 Ch
COMMODITY BRIEFS
From Wire and Staff Reports |
USDA HAS LESS FOOD FOR DOMESTIC DONATIONThe U.S. Department of Agriculture has less food to
PAKISTAN GETS READY FOR CONTAINERIZATION
William Armbruster |
This country is about to come to terms with the container age. The government is studying pl
Maritime
SHIPPERS ACCEPTING NEED FOR RISE IN FREIGHT RATES, TWO OWNERS SAY
Janet Porter |
Bengt Koch, president of Atlantic Container Line Services Ltd., faces a busy year as he supervises t
Maritime
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