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INSURANCE RATE HIKES LOOM IN WAKE OF HUGO, QUAKE
Frederick Biddle |
Suddenly it's judgment day in the $210 billion property and casualty insurance industry. An extraord
SPOT PRODUCT PRICES
JOC Staff |
Oct. 24, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
DAMAGE ESTIMATES FOR CALIF. EARTHQUAKE COVER WIDE RANGE
Journal of Commerce Special |
Damage figures for California's massive earthquake are now ranging from $7 billion to $15 billion, d
CALIF. PRODUCTS MARKET RIDES OUT THE QUAKE
Knight-Ridder Financial |
The U.S. West Coast refined products market was expected to be little changed in the near to medium
UTILITY OUTLOOK
JOC Staff |
This issue: NEW ENGLAND: Eastern Utilities Associates, BostonMID-ATLANTIC: Long Island Light
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year10/24 10/23 Ch
COMMODITY BRIEFS
From Wire and Staff Reports |
COPPER PRICE PLUNGES BELOW $1.15 A POUNDNon-stop commission-house selling battered Commodity
DEMAND IS INCREASING FOR PORTFOLIO INSURANCE
Kevin Commins |
Portfolio insurance, the whipping boy of the 1987 stock market crash, is making a comeback.
FUTURES MARKETS HIT BY STOCK PRICE DIP
From Staff and Wire Reports |
Sharply lower stock prices influenced a wide variety of futures markets Tuesday. Generally,
BUMPER HARVESTS IN S. AFRICA
Knight-Ridder Financial |
South African crop marketing boards reported bumper harvests here Wednesday midway through their sel
INDIAN LINES SHUN NEW BOXSHIPS
Neel Patri |
A reluctance by Indian shipowners to acquire modern container vessels is drawing expressions of conc
Maritime
CORRECTION
JOC Staff |
The Organization for Economic Cooperation and Development, comprising 24 industrialized Western nati
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
LAMBOLEY TO SPEAK TRANSPORT TABLEInterstate Commerce Commissioner Paul Lamboley will speak a
Rail News
EMPHASIS ON SERVICE SEEN FUELING SHAKEOUT TRUCK EXECUTIVES LOOK TO FUTURE
Gregory S. Johnson |
Service will fuel the competitive fires and result in more consolidation of long-haul truckers in th
Trucking News
NS STOCK REPURCHASE AUTHORIZED
Journal of Commerce Staff |
Norfolk Southern Corp. Tuesday said its board authorized the purchase of up to 45 million shares of
Rail News
GUILFORD DOUBTFUL ON PASSENGER MOVE
Journal of Commerce Staff |
Guilford Transportation Industries indicated Tuesday it does not share the goal of a grass roots cam
Rail News
TOP 2 CANADIAN RAILS EAGER FOR ROADRAILERS
Leo Ryan |
Canada's two major railways, Canadian National Railways and CP Rail, a subsidiary of Canadian Pacifi
Rail News
SHIP LINES CLAIM TARIFF AUTOMATION GOALS CAN BE MET
Tony Seideman |
Determination, commitment and strict discipline will be essential if the Federal Maritime Commission
RYDER SUFFERED LOSS IN THIRD-QUARTER NET
Journal of Commerce Staff |
Ryder System Inc. lost $27.6 million in the third quarter compared with net earnings of $55.3 millio
Trucking News
MANY SURVIVORS OF FREEWAY COLLAPSE RESCUED BY TRUCKERS
John Davies |
Dispatcher Mike Hadley was sitting around with a bunch of drivers in the office at J.T. Trucking Co.
Trucking News
THAMES AGENT NEGOTIATES FATE OF AILING LINE RESOLUTION EXPECTED SOON
Janet Porter |
The future of Thames Shipping Ltd., the shipping line whose services have been suspended because of
Maritime
AILING BROWN TRANSPORT SCALES BACK OPERATIONS
Leo Abruzzese |
Ailing Brown Transport Co., a major truck line hauling freight in 27 states, is cutting its far-flun
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
EVERGREEN MARINE DENIES TRUCK FIRM'S ALLEGATIONS LINE ASKS FMC TO DISMISS CASE
Marie Prat |
Evergreen Marine Corp. has denied allegations of illegally canceling a container transportation agre
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
11 US FIRMS INTERESTED IN JAPANESE PROJECTFUKUOKA, Japan - Eleven U.S. companies - nine cont
Maritime
JAPAN INCREASES PACE OF FOREIGN ACQUISITIONS
A.E. Cullison |
Japanese companies likely will acquire more than 340 U.S. and foreign companies through mergers and
Maritime
PEOPLE - TRADE
Wire and Staff Reports |
ISRAEL NAMES BUBER TO US TRADE POSTThe Israeli Ministry of Industry and Trade has announced
Maritime
DOLLAR DIPS AHEAD OF KEY ECONOMIC REPORTS
Knight-Ridder Financial |
The U.S. dollar declined slightly Monday while the market awaited this week's key economic reports.<
FREIGHT RATE FUTURES
JOC Staff |
Oct. 23, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ECONOMIC DATA ABROAD
Wire and Staff Reports |
EC CAPACITY UTILIZATION RUNS HIGH THIS YEARBRUSSELS, Belgium - European Community manufactur
BALTIC FREIGHT INDEX
JOC Staff |
1599 (Oct. 23, 1989) Previous day - 1593 The Baltic International Freight Futures Market in
Maritime
COST OF CREDIT
JOC Staff |
Mon., Oct. 23, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
WEST URGED TO EASE RATE PRESSURE TO LIFT THIRD WORLD DEBT BURDEN
From Wire Reports |
Commonwealth leaders urged industrialized nations Monday to balance their monetary and fiscal polici
BANKING GIANT IN FRANCE TO BUY INTO ITALIAN BANK
Knight-Ridder Financial |
France's banking giant Credit Agricole will pay 1.3 billion French francs for a 13 percent stake in
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPANESE CONTINUE TO INVEST IN THE USJapanese institutional investors are continuing to inve
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
NEWS SUMMARY
JOC Staff |
* Commodity Research Bureau's James Nevler on Coffee 6A * Janet Aschkenasy - Insurance Risk
CORRECTION
JOC Staff |
Pat Farrell is the manager of breakbulk operations for Chiquita Brands Inc. in Wilmington, Del. Mr.
Maritime
CARIBBEAN PORTS WARNED ON SECURITY
Journal of Commerce Staff |
The head of a maritime industry anti-smuggling group warned Caribbean ports Monday that they could l
Maritime
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