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CHAMPION DECLARED INSOLVENT
(Ap) |
Champion Insurance Co., the fourth-largest auto insurer in Louisiana, was declared insolvent Monday
EC MAY CONTINUE MEASURES AGAINST PROPYLENE ALCOHOL
(Ap) |
The European Commission said Tuesday it will consider whether to continue anti-dumping measures agai
DOLLAR DRIFTS LOWER ON SIGNS OF FED EASING
Knight-Ridder Financial |
The dollar drifted lower Tuesday on market perceptions that the Federal Reserve was finally easing c
RUNAWAY INFLATION AFFLICTING MILLIONS IN LATIN AMERICA
Wire Reports |
The curse of hyperinflation - which has caused the price of a cup of coffee to rise 50 percent in on
INVESTMENT FROM ABROAD TERMED VITAL
Knight-Ridder Financial |
Limiting foreign investment in the United States could cause the dollar to drop and interest rates t
DU PONT GETS MARKETING RIGHTS TO KANSAI'S PAINTING PROCESS
Journal of Commerce Staff |
E.I. du Pont de Nemours & Co. said it has secured the right to market a high- technology painting pr
TOKYO COURT SETS $1.4 MILLION BAIL
Wire Reports |
Tokyo District Court Tuesday set bail of $1.4 million for the former chairman of Recruit Co., center
PEOPLE - FINANCIAL
Wire and Staff Reports |
CANADIAN IMPERIAL BANK OF COMMERCE (New York) - Katherine S. Griffith was named vice president-direc
FINANCIAL BRIEFS
Wire and Staff Reports |
ARGENTINE LOANS DECLARED 'IMPAIRED'WASHINGTON - U.S. bank regulators have downgraded the cre
CHEMICAL BRIEFS
From Wire and Staff Reports |
CYANAMID TO ACQUIRE PRAXIS BIOLOGICSAmerican Cyanamid Co., Wayne N.J., said it will acquire
COAST GUARD ALTERS TRACKING OF SHIPS ON VALDEZ ROUTE SAFETY MARGIN NOT IMPROVED
Dave Higdon |
The tanker Exxon Long Beach moved smoothly and without incident through these waters in late May. Bu
Maritime
TIGHTER BANK RULES URGED FOR LDC DEBT
Richard Lawrence |
Rep. John LaFalce, D-N.Y., urged Tuesday that the United States tighten its banking rules to help pr
COST OF CREDIT
JOC Staff |
Tue., June 6, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
GOLD RALLIES TO HIGHEST LEVEL IN 3 WEEKS
Journal of Commerce Staff |
Gold prices rallied Tuesday following the cut in the prime rate by U.S. banks and rumors of an assas
YEUTTER BACKS GATT RULING ON SUGAR
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter Tuesday said the United States should accep
HOW SUPER 301 COULD AFFECT US FARM PRODUCT EXPORTS
Juan Miguel Pedraza |
''Super 301" sounds like a new crop hybrid, tried, tested and ready to go. But this talk-tough provi
COMMODITY BRIEFS
Wire and Staff Reports |
SOYOIL DEAL FOR SOVIETS MAY BE IN THE OFFINGThe U.S. Department of Agriculture is nearing a
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
MARITIME BRIEFS
From Wire and Staff Reports |
UK COURT TO RULE ON STRIKE TODAYA U.K. court will rule today on whether an official U.K. do
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
FMC SETS HEARING IN GUAM RATE CASE
Marie Prat |
The Federal Maritime Commission will hold a preliminary hearing June 14 to clear the way for a revie
Maritime
PROPELLER CLUB NAMES SEGARRA MAN OF YEAR
Journal of Commerce Staff |
The Propeller Club of the United States has named David Segarra as Maritime Industry Man of the Year
Maritime
EVERGREEN RECONSIDERS ITS PLAN TO ORDER NEW CONTAINERSHIPS
William Armbruster |
Evergreen Line is reconsidering its plans to order 20 to 22 new containerships, a spokeswoman for th
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/6 6/5 Ch
FREIGHT RATE FUTURES
JOC Staff |
June 6, 1989 Baltic International Freight Futures MarketPreClose High Low Vol.
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
TRANSPORTATION TABLE TO DISCUSS AGING CRAFTThe problems aging aircraft pose to the industry
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1445 (June 6, 1989) Previous day - 1484 The Baltic International Freight Futures Market in L
Maritime
ST. JOHNSBURY CHAIRMAN ASSUMES PRESIDENCY, TOO
Leo Abruzzese |
St. Johnsbury Trucking Co. Chairman Donald Mayoras will assume day-to-day control of the freight lin
Trucking News
1992 - THE EUROPEAN COMMUNITY - ROUNDUP, WEEK OF JUNE 5
Journal of Commerce Staff |
As of next July, 148 Euro Info Centers will be added to the existing network of 39 such centers. Eur
Maritime
PRUDENTIAL BUYS INTO 4TH FIRM IN TAIWAN
P.T. Bangsberg |
Prudential Insurance Co. has announced its fourth direct equity investment in Taiwan, taking a 15 pe
Maritime
GUILFORD, P&W HAGGLE OVER BRANCH LINES
TOM McNIFF Jr. |
Guilford Transportation Industries Inc. rejected out of hand a condition attached to a Providence &
Rail News
CONFERENCE FOCUSES ON CANADA TRADE
Paula L. Green |
At least 1,200 executives from small businesses in the United States and Canada are expected to atte
Maritime
US TAX LAWS, SAVINGS RATES FUEL SHIFT TO ASIAN CAPITAL
Michael S. Lelyveld |
Low savings rates and far-reaching tax law changes are driving U.S. high- technology companies into
Maritime
EXPORT BRIEFS
Wire Reports |
US MAY SELL 60 F-16S TO PAKISTANThe United States is considering selling 60 F-16 jet fighter
Maritime
US-CHINA TRADE HIT $13.4 BILLION IN '88
(Ap) |
Trade between China and the United States jumped by more than a third last year to a record $13.4 bi
Maritime
MALAYSIA URGED TO BOOST TEXTILE QUALITY
P.T. Bangsberg |
Textile products from Malaysia must be of better quality if they are to fulfil their export potentia
Maritime
INTERNATIONAL BRIEFS
Wire Reports |
MITSUBISHI JOINS CROWD IN UPSCALE AUTO MARTMitsubishi Motors Corp. plans to join the crowded
Maritime
MOST BEIJING OFFICES OF JAPANESE FIRMS CLOSE OPERATIONS
A.E. Cullison |
Almost all of the 100 or so business offices maintained in Beijing by Japanese corporations have clo
Maritime
FOREIGNERS TRY TO ESCAPE STRIFE-TORN BEIJING
Noel Fletcher |
As gunfire continues to echo through the capital's streets, normal life has virtually ceased and the
Maritime
HONG KONG HAS BIG HOPES FOR ROLE OF NEW EDI NET
P.T. Bangsberg |
Possession of a sophisticated electronic communications network is ''absolutely vital to the future
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