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BUSINESS BACKS FED'S MONETARY POLICY
John Boyd |
The nation's major business economists show solid support for the Federal Reserve's conduct of monet
MOST OPEC STATES ACCEPT HIGHER CEILING
Knight-Ridder Financial |
All the members of the Organization of Petroleum Exporting Countries except the United Arab Emirates
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
R.J. REYNOLDS TARGETS EXCESS INVENTORIES
Gregory S. Johnson |
R.J. Reynolds Tobacco Co. is planning to eliminate excess inventories by the end of the year by redu
Maritime
YANGMING TO PROTEST PROPOSED $276,000 FINE
Marie Prat |
A lawyer for Yangming Marine Transport Corp. said his client will protest a proposed $276,000 fine i
Maritime
STUDY SEES HIGHER TANKER PROFITS
Janet Porter |
Tanker owners are likely to enjoy considerably higher freight rates and profits during the coming de
Maritime
NAVY SETS UP HOT LINE FOR SEALIFT PAYMENTS
Journal of Commerce Staff |
The U.S. Navy's Military Sealift Command has established a special hot line for private companies th
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
HONG KONG GROUP BUYS MORE CUMMINS' SHARESA Hong Kong investment concern has raised its stake
Maritime
STANDOFF CONTINUES IN POLAND AID TALKS
Keith M. Rockwell |
Finance ministers and central bankers from the largest industrial democracies are standing firm in d
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
MERIT NAMES PRESIDENT, MOVES OFFICE TO SEATTLEMerit Steamship Agency Inc. named a new presid
Maritime
UNION LEADERS PLAN TRANSPORT LABOR GROUP
Leo Abruzzese |
Leaders of rail, truck and airline unions will meet this week to plan the structure of a new group t
Trucking News
SEA-LAND ADDS JAPAN'S NAGOYA TO PACIFIC CALLS
Mark Magnier |
Sea-Land Service Inc. said it will add the Japanese port of Nagoya to its Pacific Southwest Service.
Maritime
THE ECONOMY
From Wire and Staff Reports |
BIG THREE REPORT SOARING AUTO SALESMid-September car and truck sales by the nation's Big Thr
ANNUAL BULK TRANSPORT EXPOSITION OPENS TODAY
Janet Plume |
Future prospects for trade in coal, oil, grain and other bulk commodities will dominate a bulk trans
NAVIX CHIEF GUIDES SPECIALIZED LINE THROUGH FIRST 6 MONTHS TO PROFIT
A.E. Cullison |
For two months in 1952, Shozo Magoshi was an assistant purser aboard a Y.S. Line ship. While leaning
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
MERGER PAINFUL FOR NAVIX PRESIDENT
Journal of Commerce Staff |
Navix Line Ltd. was born in the aftermath of a prolonged slump in the world liner shipping business
Maritime
DECLINING QUALITY OF WINE CORKS FROM PORTUGAL WORRIES VINTNERS
(Ap) |
Sometime soon, that $35 bottle of cabernet sauvignon may come with a screw top. And peeling the seal
Maritime
UNOCAL TO BUILD PLANT FOR EMULSIONS IN ILL.
Journal of Commerce Staff |
Unocal Corp. of Schaumburg, Ill., will build a 180-million-pound-a-year polymer emulsion plant at Ka
COMMODITY BRIEFS
From Wire and Staff Reports |
MERRILL GROUP TO BUY DEL MONTE FOOD UNITA Merrill Lynch and Co. group is set to buy Del Mont
EGYPTIAN APPAREL MAKERS TAKING AIM AT US MARKET
William Armbruster |
Better late than never. That seems to be the philosophy of Egyptian apparel and textile manufacturer
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Sept. 25, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Sept. 25, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
CALIF. INSURERS FACE LONG POLITICAL WAR
Jerry Goldberg |
Insurance companies can expect to be involved in at least a yearlong bitter political war over insur
CONSUMER LEADERS RECALL HITLER ERA, CROSBY SAYS
Janet Aschkenasy |
Sitting down with consumer leaders seems about as bright as negotiating with Adolph Hitler, says Joh
TRAFFIC BRIEFS
From Wire and Staff Reports |
CONRAIL POST CREATED TO PROMOTE SERVICEConrail has named the veteran manager of its railcar
Rail News
CONFERENCE WON'T ALTER SURCHARGE ON FUEL
Journal of Commerce Staff |
The TransPacific Westbound Rate Agreement said it will hold its fuel surcharge at current levels thr
Maritime
EXCEL CONFIRMS EC BEEF TALKS
Knight-Ridder Financial |
Excel Corp., a major meat packing company, confirmed negotiations with European Community officials
SHIPPER BRIEFS
From Wire and Staff Reports |
TRANSPORTATION COURSE OFFERED AT BRIDGEPORTBRIDGEPORT, Conn. - The University of Bridgeport
Maritime
VESSELS AWAIT CHARLESTON REOPENING
Craig Dunlap |
Several freighters and 15 U.S. Navy ships were waiting Monday afternoon for Charleston harbor to reo
Maritime
NY FORWARDERS CHIEF SUPPORTS CONFERENCES
David F. White |
The system of collective rate-making among many shipping lines should be retained in its present for
Maritime
JARDINE MATHESON POSTS RISE IN EARNINGS
P.T. Bangsberg |
Jardine Matheson Holdings Ltd., the trading-based conglomerate, reported earnings for the six months
Maritime
AUTOMAKERS, OIL MAJORS LOOK AT FUEL DEVELOPMENT
(Ap) |
The Big Three automakers and major oil companies say they have held meetings on development of fuels
SOVIET COAL PRODUCTION EXPECTED TO FALL SHORT MINERS' STRIKES ARE BLAMED
Albert Axebank |
Despite optimism expressed by top coal officials, a big shortfall in Soviet coal production is predi
NEW JAMAICAN SHIPPING FEE LAID TO COST OF DRUG WAR
Journal of Commerce Staff |
U.S. importers and exporters in the Jamaica trade will be asked to help pay for the war on drugs wit
Maritime
MARKETS AND MONEY
Albert L. Kraus |
STOCK PRICES KEEP TUMBLING, fed by investor fears set off by the junk bond crisis. How likely, howev
ECONOMIC DATA ABROAD
Wire and Staff Reports |
WEST GERMANY POSTS IMPORT PRICE INCREASEFRANKFURT, West Germany - West German import prices
Maritime
COST OF CREDIT
JOC Staff |
Mon., Sept. 25, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
US DOLLAR STAYS LOW FOLLOWING 2 PERCENT TUMBLE
Kevin Commins |
The dollar remained broadly lower Monday afternoon, showing little movement during New York's tradin
US POSITION AGAINST COFFEE PACT STILL HOLDS
Paul S. Tosto |
A kinder, gentler approach to the International Coffee Agreement? That's what some supporter
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