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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
WILL OTHER RAILROADS BE TARGETED for takeover attempts now that CNW Corp. has a definitive agreement
Rail News
PRUDENTIAL-BACHE REORGANIZES
(Ap) |
Prudential-Bache Securities Inc. said Friday it is reorganizing its investment and merchant banking
COST OF CREDIT
JOC Staff |
Fri., June 9, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
ARGENTINA'S ARREARS AT LEAST $4 BILLION
Knight-Ridder Financial |
Financial analysts and bankers estimate that as of June 1, Argentina had a minimum $4.0 billion of i
NEW BOXES SPEED GARMENTS FROM BRAZIL TO DEALERS' RACKS
James Bruce |
Brazil's blossoming ready-made garment exports are sparking the intermodal creativity of a major int
Air Cargo
IT'S NATURE VS. MAN IN OIL CLEANUP TESTS
Dave Higdon |
The results are far from final regarding an island beach labeled Ingot 24. Ingot 24, which
HONG KONG REACTION TO UPHEAVAL IN CHINA MAY HIT US IMPORTERS
P.T. Bangsberg |
The local economy seems certain to take a dip, possibly a sharp one, as a result of the turmoil in C
LATIN MALAISE COSTS US JOBS, EXPORTS
(Reuter) |
After years of seeing Latin America chiefly as a region of security threats, Washington is slowly be
Maritime
HOUSE PANEL TO VOTE ON CUSTOMS USER FEE
Richard Lawrence |
The House Ways and Means Committee's trade subcommittee is expected to vote Wednesday on a new, and
EXPERTS SAY LAWS STALL DATA LINKS
Tony Seideman |
Technology has outpaced laws, and fundamental changes are going to have to be made in government reg
AMERICAN AIRLINES TAKES STEPS TO MAKE SURE SABRE STAYS SHARP
Tom Steinert-Threlkeld |
Hani R. Rabi is standing on the roof of a building that can withstand winds of 350 mph - about twice
MARAD RULING ON DOMESTIC CALLS BY SEA-LAND HAS LINE CONFUSED
WILLIAM DiBENEDETTO |
Sea-Land Service Inc. seems to be facing unattractive alternatives after the Maritime Administration
Maritime
SHIPOWNERS IN FRANCE CAUTIOUS ON REPORT
Barbara Casassus |
French shipowners reacted cautiously at the weekend to proposals published last week to revive the d
Maritime
MOODY'S REVIEWS CHINA'S RATING
Knight-Ridder Financial |
Moody's Investors Service said it is reviewing the A3 long-term debt rating of the People's Republic
CHINA'S TURMOIL STARTS TO DISRUPT AIR CARGO MOVES
A.E. Cullison |
Continuing turmoil in China is beginning seriously to disrupt movements of air freight in and out of
Air Cargo
COMMODITY BRIEFS
Wire and Staff Reports |
CHINA MAINTAINS STAKE IN AUSTRALIAN MININGSYDNEY, Australia - Chinese officials say they wil
FURTHER RELIEF URGED FOR STEEL
Keith M. Rockwell |
The steel industry needs another five-year period of relief from imports under voluntary restraint a
AMERICAN CYANAMID TO ACQUIRE PRAXIS
(Ap) |
American Cyanamid agreed to buy Praxis Biologics Inc., a small vaccine company, for about $238 milli
NYC SUES PAINT MAKERS OVER LEAD
From Wire Reports |
The city of New York last week sued six lead pigment companies in state court for more than $50 mill
US NOT RULING OUT CHINA GRAIN EMBARGO
Knight-Ridder Financial |
The Bush administration cannot rule out any option for action against China, including an embargo of
SUNKEN SHIP MAY BE PHOENICIAN
(Ap) |
A sailboat that sank here 2,400 years ago may be the first vessel ever found that was built by the P
Maritime
JAPANESE OFFICIALS DEFEND SHIPYARD SUBSIDIES
A.E. Cullison |
Officials of Japan's Transport Ministry said subsidies to Japanese shipbuilders don't constitute an
PRODUCT LIABILITY BACK ON THE FRONT BURNER
David Conn |
Citing the European Community as an example, a bipartisan group of U.S. senators is seeking support
OFFICIALS MOVE TO HALT FRAUDS IN NIGERIAN OIL
Neil Springer |
U.S. oil and maritime industry officials last week took their first tentative steps toward sharing i
YEAR OLD CASE FAILS TO SPUR SURGE OF SUITS
(Ap) |
It's one year since the tobacco industry lost its first, and only, product liability lawsuit. But wh
COMMODITY GAINS BOOST INDUSTRIAL PRICE INDEX
Howard Simon |
The Journal of Commerce Industrial Price Index turned higher on Friday, reflecting higher prices for
NEWS SUMMARY
JOC Staff |
* John Boyd - Economic Beat 3A * JofC Industrial Price Index 6A* Kevin Commins - Currency Fo
GLOBAL NETWORK KEEPS STUDENTS INFORMED IN CHINA
Journal of Commerce Staff |
One of the key reasons why it will be hard, if not impossible, for Chinese authorities to crush the
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
Prices of ocean freight futures contracts found a new bottom early last week, then bounced off this
Maritime
DOT'S SKINNER SCORES RAILROAD ANTI-DRUG BILL
Leo Abruzzese |
Transportation Secretary Samuel Skinner criticized a railroad anti-drug bill approved by a key House
Rail News
PROSECUTOR TELLS TALE OF HIGH-TECH THIEVERY
(Ap) |
A group of men using high-tech methods of transferring money nearly heisted more than $69 million fr
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK LEUMI TRUST CO. OF NEW YORK (New York) - Shmuel Sussman was named a senior vice president, resp
BOEING UNVEILS NEW VERSION OF 737
(Ap) |
Boeing Co. last week introduced its new 737-500, a high-technology jet designed to serve airlines fl
Air Cargo
STUDY: EASTERN'S LOSS HAS BEEN USAIR'S GAIN
John Cleghorn |
USAir Group is capturing former Eastern Airlines passengers faster than any other carrier, gaining
Air Cargo
US, SOVIET AIRLINE TALKS ARE STALLED
From Wire Reports |
U.S.-Soviet airline talks were stalled last week after a Soviet delegation arrived in Alaska without
Air Cargo
DOLLAR MAY KEEP RISING IF US RATES STAY FIRM
Kevin Commins |
The dollar rally may be re-ignited in the wake of a report indicating that U.S. inflation is running
TRAFFIC BRIEFS
From Wire and Staff Reports |
NC SERVICE MAY LINK CHARLOTTE, RALEIGHCHARLOTTE, N.C. - Rail service between Charlotte and R
Rail News
HOWLAND HOOK TERMINAL LEASED
Journal of Commerce Staff |
The Port Authority of New York & New Jersey obtained a 15-year lease agreement with a terminal opera
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 9, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
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