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BARRY PARKER - FREIGHT FUTURES
Barry Parker |
The ocean freight futures market was featureless last week, as it failed to sustain the run-up of th
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 4, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
CLARIFICATION
JOC Staff |
A story headlined "Agency Presses Consolidators About Rebating" on July 28 should have stated that n
Maritime
MIDWEST REBUILDING ECONOMIES HARD HIT BY EARLY '80S RECESSION
Jennifer Friedland |
MidAmerica states are struggling through the growing pains of diversification to rebuild economies h
TRAFFIC BRIEFS
From Wire and Staff Reports |
SENATE OKS TRUCK BILL, NOMINEE TO FRA POSTThe Senate approved the nomination of Gilbert E. C
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1387 (Aug. 4, 1989) Previous day - 1390 The Baltic International Freight Futures Market in L
Maritime
LARRY KAUFMAN'S INSIDE TALK ON RAILROAS
Lary Kaufman |
MATING DANCES INVOLVING AT LEAST FOUR RAILROADS reportedly are under way. Nobody in a positi
Rail News
DOLLAR'S TRADING RANGE MAY MOVE SLIGHTLY HIGHER FED FUNDS RATE UNLIKELY TO EASE B
y KEVIN COMMINS |
The dollar may move into a slightly higher trading range during the next several weeks, some traders
TRUSTEE REACHES PACT TO SELL RAIL LINE TO SP
Leo Abruzzese |
Southern Pacific Transportation Co. has reached a preliminary agreement with the trustee of Chicago,
Rail News
BUREAUCRATIC RESTRUCTURING SEEN CRUCIAL TO AUTOMATION
Tony Seideman |
Rebuilding basic bureaucratic structures is an essential part of any automation program. So
MACK TRUCKS IS IN IT FOR THE LONG HAUL
Tom Belden |
When the talk turns to Mack Trucks Inc., the emphasis always seems to be on its testy labor relation
Trucking News
CARGO DECLINES AT VANCOUVER 12 PERCENT DROP TIED TO GRAIN EXPORTS
Brian Lewis |
Declining grain exports caused a 12 percent decline in cargo volume at the Port of Vancouver in the
Maritime
HONG KONG STILL PLANS BOXPORT EXPANSION
P.T. Bangsberg |
Plans to expand containerport facilities by adding two terminals are proceeding on course, officials
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
GOLD PRICES FALL NEARLY $5
Journal of Commerce Staff |
Gold prices dropped nearly $5 an ounce in response to the surging dollar, with the Comex August cont
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Fri., Aug. 4, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
ECONOMIC DATA ABROAD
From Wire Reports |
WEST GERMAN ECONOMY GREW 4 PERCENT IN 1ST HALFThe West German gross national product grew ab
FINANCIAL BRIEFS
From Wire and Staff Reports |
WORLD BANK REDEFINING ROLE IN TOKYO MARKETSThe World Bank is to redefine its role in Tokyo's
FOREIGN INVESTORS WOO CANADIAN COMPANIES
From Wire Reports |
Foreign investors with an eye for corporate bargains are finding Canadian companies increasingly att
JAPAN PUSHES AUTOMAKERS TO ACCELERATE CAR IMPORTS
From Wire Reports |
The Japanese government has asked domestic automakers to boost imports of vehicles and parts and mig
JAPANESE OFFER TO BUILD RESERVOIRS
From Wire Reports |
Japan, pondering how to use its mammoth trade surplus, will offer millions ofdollars to buil
NEWS SUMMARY
JOC Staff |
* Kevin Commins - Currency Forecast 3A * JofC Industrial Price Index 6A* Howard Simon - Simo
ENRON TO SUPPLY GAS TO CON ED FOR 10 YEARS
Journal of Commerce Staff |
Enron Gas Marketing Inc. will supply Consolidated Edison Co. of New York with 5 percent of the utili
SPOT PRODUCT PRICES
JOC Staff |
Aug. 4, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
PEOPLE - ENERGY
From Wire and Staff Reports |
AMERICAN GAS ASSOCIATION (Arlington, Va.) - John P. Erickson was elected staff vice president, opera
BRAZIL SETS RECORD FOR ONE-DAY OUTPUT
Knight-Ridder Financial |
Brazil produced a one-day record of 650,000 barrels of oil July 30, a spokesman for Petrobras SA, th
ENERGY RESOURCES SECRETARY RESIGNS IN MASSACHUSETTS
Journal of Commerce Staff |
Massachusetts Energy Resources Secretary Sharon Pollard announced she has submitted her resignation
IN MIDST OF STRIKE, PITTSTON CHAIRMAN PLANS FOR FUTURE
(Ap) |
A half-smoked cigar dangled from the right hand of Paul W. Douglas as he discussed his plans for the
ENERGY BRIEFS
From Wire and Staff Reports |
PAKISTAN AWARDS PACT TO SEATRAMP TANKERSThe National Tanker Co. of Pakistan awarded a contra
ARCO SAYS OIL DISCOVERY IN ALASKA IS SIGNIFICANT
Sam Glasser |
Atlantic Richfield Co. confirmed that it has found a significant new oil field on the North Slope of
LIVERPOOL DOCKERS CONTINUE STRIKE
Edwin Unsworth |
Dockers at the Port of Liverpool have ignored a dismissal threat from their employer and a directive
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
ATLANTIC ENERGY POSTS 6.4 PERCENT RISE IN SALESPLEASANTVILLE, N.J. - Atlantic Energy Inc., p
FOR SALE: FOUR HYDRO PLANTS, COMPLETE WITH RESERVOIRS
Bill Beck |
In the market for a slightly used hydroelectric power plant? Stephen H. Fletcher might just have a d
NEGOTIATORS EXPECT BREAK IN PRODIGY CASE
Michael S. Lelyveld |
Sources close to the World Prodigy case said Friday that a break is expected imminently in negotiati
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
DOW'S SPANISH UNIT TO BOOST CAPACITYDow Chemical Iberica S.A., the Spanish subsidiary of the
GM UNVEILS EQUIPMENT TO PREVENT CFC RELEASE
(Ap) |
General Motors Corp. said it plans to use equipment that will allow its dealers to prevent the relea
DOW WILL REMOVE TOXIC CHEMICALS IN WEST GERMANY BARRELS DAMAGED IN STORM AT SEA
Miriam Widman |
Dow Chemical Co. has agreed to help solve an environmental problem in the northernmost state of Schl
BOTTOMING OUT OF COFFEE NOT OBVIOUS, ROTHFOS SAYS
Knight-Ridder Financial |
The recent collapse in coffee prices to eight-year lows means that the market is ripe for a logical
HOWARD SIMON - SIMON SAYS
Howard Simon |
THE COPPER PRICE MELTDOWN touted by many analysts hasn't arrived, yet. Midsummer is usually
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