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ILLEGAL TRADERS EVADE CUSTOMS NET
(Ap) |
Late last year, Dutch businessman Franciscus Govaerts traveled to Boston to supervise the packing of
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
CANADIAN FIRM ENTERS TALKS ON DUNKIN' BID
From Wire Reports |
Kingsbridge Capital Group, which holds a 7.5 percent stake in Dunkin' Donuts, said it began prelimin
Maritime
EUROPEAN LEADERS SEE RISE IN PROTECTIONISM AFTER '92
Jennifer Friedland |
Close to half of the business and political leaders in France, Spain, Italy and West Germany expect
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
RULES/REGULATIONS The New Europe: Opportunity of Threat? May 17. New York. The Harvard Busin
Maritime
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., May 12, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
PEOPLE - TRADE
From Wire and Staff Reports |
BUSH PICKS FTC CHIEF WASHINGTON - President Bush announced his selection of Janet Dempsey St
Maritime
IMPORT BRIEFS
Wire Reports |
PERMANENT BAN SEEN FOR ASSAULT WEAPONSPresident Bush has tentatively decided to make permane
Maritime
US WHEAT SUBSIDIES EXPECTED TO SLACKEN
Knight-Ridder Financial |
A less aggressive export bonus program for wheat is expected after last week's U.S. Department of Ag
CITICORP CHIEF DENIES MEXICAN TALKS STALLED
Knight-Ridder Financial |
Bankers and debtor countries are making progress in current negotiations, Citicorp Chairman John Ree
TI ANNOUNCES TAIWAN CHIP VENTURE
(Ap) |
Texas Instruments Inc. announced the creation of a privately held joint venture with Taiwan's Acer I
Maritime
JOHN BOYD'S ECONOMIC BEAT
John Boyd |
THE BUDGET'S IRON IS STEAMING, and now is a great time for serious efforts to press away a lot of th
SINO-SOVIET SUMMIT MARKS END TO TENSION
Mark D. Berniker |
The arrival of Mikhail Gorbachev in Beijing today marks a leap toward the full normalization of Sino
Maritime
THE ECONOMY
From Wire Reports |
BUSINESS INVENTORIES ROSE 0.3 PERCENT IN MARCHU.S. business inventories rose 0.3 percent in
ECONOMIC DATA ABROAD
From Wire Reports |
CHINA'S GNP RISE COULD HIT 8-YEAR LOWChina is likely to face stagflation for much of the res
NEW FACILITY GUARANTEES POWER-SECURE TELECOM
William Armbruster |
Even brief power interruptions can cause major problems for banks and securities firms engaged in g
BUSH'S SOVIET TRADE PLAN DRAWS MIXED REACTION
Richard Lawrence |
President Bush's approach to improving U.S.-Soviet trade relations is drawing a mixed reaction.<
AMERICAN EXPRESS: FLORIDA NO. 1 VACATION DESTINATION
(Ap) |
Florida is the most popular overall vacation destination this summer for American travelers who have
NEWS SUMMARY
JOC Staff |
* John Boyd - Economic Beat 3A * Bill Armbruster - Trade Talk 5A* JofC Industrial Price Inde
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
SHIP RATES ON SPIRITS PRESSURED
Bruce Vail |
Some freight charges are being lowered on liner shipments of beer, wine and liquor moving from Europ
TREASURY OFFICIAL SAYS BRADY PLAN PROGRESSING
Richard Lawrence |
A senior U.S. official reported Thursday "encouraging signs of progress" on Treasury Secretary Nicho
SIMON SAYS
Howard Simon |
U.S. FUTURES MARKET EXECUTIVES may feel like Job these days. Many are probably wondering if
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year5/11 5/10 Ch
NEW SECURITIES INDEX LIKELY TO MATURE SLOWLY
Howard Simon |
The International Market Index futures and options contracts - the first index on foreign securities
SOVIET CURRENCY AUCTIONS MAY BEGIN THIS MONTH
Wire Reports |
The Soviet Union will auction foreign exchange for the first time later this month, the first step o
PEOPLE - FINANCIAL
Wire and Staff Reports |
GE CAPITAL (Stamford, Conn.) - George V. Grune was named a managing director of the corporate financ
CHICAGO OPTIONS EXCHANGE CENSURED OVER DISCIPLINE
Knight-Ridder Financial |
The Securities and Exchange Commission Thursday said it censured the Chicago Board Options Exchange
DOLLAR PUSHES BROADLY HIGHER
Knight-Ridder Financial |
The U.S. dollar pushed broadly higher Thursday, despite some profit-taking. Dealers said the
UK COURT POSTPONES DOCK STRIKE DECISION
Edwin Unsworth |
A strike by British dockworkers looks unlikely to be possible before May 22 after the High Court pos
Maritime
BANK OF JAPAN OFFICIAL SAYS HE WOULD PREFER SLIGHTLY STRONGER YEN
A.E. Cullison |
A high official of the Bank of Japan stressed Thursday that Japanese banking authorities "would be m
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COMMODITY BRIEFS
Wire and Staff Reports |
CME'S MALAMED SEES NEW RULES BENEFICIALWASHINGTON - Leo Malamed, chairman of the Chicago Mer
BARGE OPERATOR IS KEY PLAYER IN VALDEZ CLEANUP OPERATION
John Davies |
It was a predawn phone call Steve Peterson had hoped he'd never receive. In the darkness, th
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BUSH TEAM PROPOSES OIL SPILL LIABILITY FUND
WILLIAM DiBENEDETTO |
A Bush administration oil spill liability and compensation proposal would set up a $500 million fede
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
FOUR EUROPEAN BANKS FORM INVESTMENT FIRMPARIS - Four major European banks announced the form
WILDCAT STRIKE CONTINUES AT HULL
Knight-Ridder Financial |
A dockworkers' strike at the Port of Hull is still in progress despite a court order to end the wild
Maritime
SINGAPORE'S CURRENCY LIKELY TO RISE FURTHER
Knight-Ridder Financial |
Merrill Lynch expects the Singapore dollar to rise 3 percent to 4 percent against the U.S. dollar th
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