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COST OF CREDIT
JOC Staff |
Mon., July 24, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
WHAT'S ILLEGAL IN US OFTEN FINE ELSEWHERE
Bill Mongelluzzo |
In the multicultural world of international shipping, a custom that is common in one country may be
HONG KONG BOXPORT GETS FUNDS FOR GROWTH
P.T. Bangsberg |
Financing for new containerport facilities was oversubscribed by the 10 underwriting banks and now w
CALIF. OFFICIAL SAYS DRIVERS SHOULD GET 15 PERCENT AUTO RATE CUT
Ed Pope |
The state's drivers should get average insurance rate cuts of at least 15 percent, a top aide of the
SHIPPERS VOICE DISAPPOINTMENT WITH MANNER OF RATE INCREASE
Allen R. Wastler |
A U.S. maritime shipper group is feeling a lot like a certain comedian these days: It can't get no r
Transport, Trade and Regulation News
FUEL OIL DEALERS PUT THE HEAT ON GAS
From Wire Reports |
Heating oil marketers on the East Coast are stepping up their battle against the natural gas industr
DANISH SAILING SHIP OPEN TO PUBLIC IN NY
Journal of Commerce Staff |
The Danish sail training ship, Georg Stage, is open to public viewing today and Wednesday, from 2-4
Maritime
DRIVE TO ENCOURAGE NEW YORK EXPORTS TO EUROPE PAYS OFF
Janet Porter |
A campaign to encourage small- and medium-sized companies located in the state of New York to export
Maritime
FITZWATER: BUSH TO ACT SOON ON CONGRESS' FSX RESOLUTION
Knight-Ridder Financial |
President Bush expects to make a decision "in the next few days" on the joint congressional resoluti
Maritime
CBT CORN FUTURES SET CONTRACT LOWS
Knight-Ridder Financial |
Chicago Board of Trade corn futures closed sharply lower and flirted with limit losses late, with pr
VIEWS DEADLINE STAYS SEPT. 14 IN SUBSIDY CASE MARAD REFUSES SEA-BARGE BID
Marie Prat |
The Maritime Administration refused to shorten a Sept. 14 deadline in a case involving cargo levels
Maritime
CHINA UNLIKELY TO CUT GRAIN, OILSEED IMPORTS DESPITE FUND SHORTAGE
Rosalind Krasny |
China's foreign exchange shortage is unlikely to have an immediate impact on its grain or oilseed pu
COMMODITY BRIEFS
From Wire and Staff Reports |
SUGAR FUTURES DECLINE SHARPLYSugar futures closed sharply lower Monday on commission-house a
SOUTHAMPTON DOCKERS REMAIN ON STRIKE
Edwin Unsworth |
Dockers at Southampton, Britain's third-busiest port, and at Hull voted Monday to continue participa
Maritime
CHINA BEGINS TO PAY DUES FOR UPHEAVAL GOVERNMENT URGES AUSTERITY
Noel Fletcher |
While extolling the virtues of hard work and plain living, the Chinese government is giving further
Maritime
SPECULATION OVER SELLING SENDS DOLLAR LOWER, EXCEPT AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar declined broadly Monday, except against the yen. The dollar's losses acceler
ECONOMIC DATA ABROAD
Wire and Staff Reports |
MAY PAYMENTS DEFICIT WIDENED IN FRANCEFrance's balance of payments deficit widened to 5.02 b
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
AGENTS SCORE LEGAL VICTORY IN IOWA INSOLVENCY LAW IS CHALLENGED
David Conn |
A federal court in Iowa handed a victory to insurance agents challenging the constitutionality of th
ITEL CONTINUES DRIVE INTO DISTRIBUTION
Gregory S. Johnson |
Itel Distribution Systems is keeping its promise to become a major player in the distribution and wa
Transport, Trade and Regulation News
STATES FACE HURDLES IN UNITED TRADE EFFORT
Rose A. Horowitz |
As politicians have sounded the call to export in recent years, states have responded by doubling an
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
SOVIETS TO RESUME BUYING GAS, IRAN SAYSATHENS, Greece - Iran has signed an agreement with th
CHEMICAL EARNINGS
From Wire and Staff Reports |
KODAK SAYS EARNINGS TO FALL $200 MILLIONROCHESTER, N.Y. - Eastman Kodak announced Monday tha
BALTIC FREIGHT INDEX
JOC Staff |
1379 (July 24, 1989) Previous day - 1376 The Baltic International Freight Futures Market in
Maritime
YEUTTER SUPPORTS FLEXIBLE FARM BILL
Knight-Ridder Financial |
U.S. farm programs for the next decade should be adaptable enough to deal with any market eventualit
FERRUZZI: CBT METHODS OUTDATED, PROVINCIAL FRACAS BROADENS OVER SYSTEM
Kevin Commins |
The fracas between Ferruzzi Group and the Chicago Board of Trade broadened Monday, with Ferruzzi say
OOCL TAKES DELIVERY OF TWO NEW BOXSHIPS
Journal of Commerce Staff |
Orient Overseas Container Line said it took delivery last week of two new large containerships in Ta
Maritime
PEOPLE - IMPORTS
Wire and Staff Reports |
AMERICAN SUZUKI MOTOR CORP. (Brea, Calif.) - Kenji Shimizu, a Suzuki Motor Co. executive second only
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
NY FORWARDERS GROUP ELECTS MARON PRESIDENTThe New York Foreign Freight Forwarders & Brokers
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
DEBT PACT INJECTS HOPES INTO MARKETS
Knight-Ridder Financial |
The long-awaited debt-reduction agreement between Mexico and its commercial bank creditors, announce
FESCO YACHT SAILS TO SEATTLE
John Davies |
Capt. Henry Schegolev is a determined man. His small boat pitched and rolled on 30-foot swel
Maritime
IOWA JET CRASH WILL RAISE LEGAL QUESTIONS ON SUITS
Chicago Tribune |
As the gruesome and painful task of identifying bodies from United Airlines Flight 232 continues in
ALLIANZ WORLD REVENUE INCREASED 13 PERCENT IN 1988
Miriam Widman |
Allianz AG's world revenue last year was a whopping 29.2 billion deutsche mark (US$15.37 billion) -
UNITOR SHIPS BUYS ROCHEM OF GENEVA
Journal of Commerce Staff |
A ship service company headquartered in Norway acquired a Swiss supplier of marine chemicals and rel
Maritime
PEOPLE - ENERGY
From Wire and Staff Reports |
AMAX COAL INDUSTRIES INC. (Indianapolis) - A. Frank Dunham was promoted to executive vice president.
JAPANESE MAY IMPORT PUERTO RICAN COFFEE
Larry Luxner |
Years ago, Puerto Rican coffee had such a prized reputation it was the only kind the Vatican would i
Maritime
ICC PUTS TIME LIMIT ON LATE CHARGE NOTICES
Leo Abruzzese |
The Interstate Commerce Commission revised its credit rules to set a time limit for truckers to requ
Trucking News
WORLD PRODIGY OWNERS POST BOND TO COVER RI DAMAGES
Michael S. Lelyveld |
Owners of the grounded oil tanker World Prodigy posted $4.7 million through a London insurance conso
Maritime
WINNIPEG BOARD TO RECEIVE REPORT ON WHEAT, BARLEY
Knight-Ridder Financial |
The Winnipeg Commodity Exchange board of governors will receive recommendations on a tight supply s
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