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FED SELLS DOLLARS, BUT FAILS TO DAMPEN TRADERS' BULLISHNESS
Knight-Ridder Financial |
The Federal Reserve sold dollars against the deutsche mark at the DM1.8870 level around mid-afternoo
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
S. AFRICAN POLICE SEEK 5 IN FRAUD
Wire Reports |
South African police have mounted an international search for five men who allegedly defrauded two o
PLAN TO EASE LDC DEBT COULD AID FARM EXPORTS
Juan Miguel Pedraza |
In an unavoidably bold move, the countries that control the world's biggest purses have approved the
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 |
Tue., Apr. 11, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PEOPLE - FINANCIAL
From Wire and Staff Reports |
AMERICAN CAPITAL CORP. (Miami) - Robert Marlin resigned as chairman of the savings and loan holding
FORMICA PLANS MORE TALKS ON TAKEOVER
(Ap) |
Formica Corp. said further discussions are expected between a special committee of the board of dire
PRODUCTS MARKETPLACE
A Staff Report |
Polymers Unocal Corp.'s Polymers Group, Schaumburg, Ill., will increase prices for its 76 RE
THIRD WORLD DEBT PRICES RISE AMID HOPES FOR US INITIATIVE
Deborah Lutterbeck |
Prices for Third World debt moved broadly higher in the latest week, as confidence in Treasury Secre
US GLYCERINE PRODUCTION DECLINED SLIGHTLY IN 1988
Journal of Commerce Staff |
U.S. glycerine production totaled 296.8 million pounds in 1988, down from 307.2 million pounds in 19
FINANCIAL - BRIEFS
Wire and Staff Reports |
SWISS TO CRACK DOWN ON MONEY LAUNDERERSBERN, Switzerland - The Swiss banking authorities, re
TOXIC AIR POLLUTANTS NO LAUGHING MATTER
Paul Galloway |
''I durst not laugh, for fear of opening my lips and receiving the bad air." - Julius Caesar, by Wil
BUSH TEAM STILL UNSURE ON USDA BUDGET CUTS
From Wire Reports |
U.S. Agriculture Secretary Clayton Yeutter said this week that the Bush administration still doesn't
DU PONT JOINS CHINESE IN CENTER FOR PACKAGING
P.T. Bangsberg |
An American multinational is joining with two Chinese entities to create what's called China's first
CHEMICAL BRIEFS
Wire and Staff Reports |
EPA FINES PARKER, EYELET CRAFTERS INC.The U.S. Environmental Protection Agency fined two New
PACIFIC INTERMEDIATES FIRE FORCES EVACUATIONS IN CALIF.
(Ap) |
About 1,500 people evacuated when a fire and explosions at a chemical plantsent smoke billow
PEOPLE - COMMODITIES
Wire and Staff Reports |
CANADIAN WHEAT BOARD (Winnipeg, Manitoba ) - William W. Spafford was named general director, sales a
BASF TEMPTS IND., OHIO WITH PLAN FOR WASTE FACILITY
Charles Thurston |
BASF Corp. is tempting governmental officials in both Indiana and Ohio with a proposed $150 million
BOEING FIGHTS BACK WITH SALE TO MAS
P.T. Bangsberg |
Boeing Co., having lost one big Asian order to the Europeans, seems likely to assuage the hurt with
Air Cargo
JAPAN WON'T DO MORE TO EASE FOOD IMPORTS
Knight-Ridder Financial |
Japan has made adequate efforts to liberalize its food imports over the past year and does not inten
BWI INCREASES ITS WAREHOUSE CAPACITY
Journal of Commerce Special |
Baltimore/Washington International Airport is adding an eighth building to its Air Cargo Center, inc
Air Cargo
COMPANIES SEEN APATHETIC TOWARD GLOBAL STANDARDS
Tony Seideman |
Silence can be deadly. U.S. transportation companies, satisfied with domestically developed
ELECTRONICS BRIEFS
Wire and Staff Reports |
COMPAQ COMPUTER OPENS NORWEGIAN UNITCompaq Computer Corp. has opened Compaq Computer Norway
RICHARD MALKIN'S - AIR CARGO FOCUS
Richard Malkin |
TO ANY SERIOUS AIR CARGO WATCHER, it is fairly clear that there is evolving a relatively small but p
Air Cargo
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year4/11 4/10 Ch
AVIATION BRIEFS
Wire and Staff Reports |
UNITED WILL EXPAND MEXICO CITY SERVICECHICAGO - United Airlines has received authority from
Air Cargo
SENATE PANEL LOOKS AT WAYS TO ENSURE SAFETY OF AGING AIRCRAFT
Leo Abruzzese |
Tougher aircraft maintenance standards may be needed to ensure the safety of older planes, a Senate
Air Cargo
ENERGY BRIEFS
Wire and Staff Reports |
HOUSE PANEL BACKS DECONTROL OF ALL GASThe House Energy and Commerce Committee Tuesday approv
COMMODITY BRIEFS
Wire and Staff Reports |
TAIWAN'S GOLD IMPORTS FELL 63 PERCENT IN 1ST QUARTERTAIPEI, Taiwan - Taiwan's gold imports w
COAL INDUSTRY URGED TO UNITE ON ACID RAIN
Tim Sansbury |
Sen. Robert Byrd, D-W.Va., calling himself coal's "watchman" in the Senate, Tuesday warned that indu
TAIWAN TO OFFER LOANS TO CUT ITS US SURPLUS
From Wire Reports |
Taiwan's Export-Import Bank plans to provide loans to U.S. companies to help encourage U.S. exports
Maritime
UTILITY OUTLOOK
JOC Staff |
This week: NEW ENGLAND: Until Power Corp., Exeter, N.H.MID-ATLANTIC: Atlantic Electric, Plea
US-JAPAN TIES SEEN HURT BY FIGHTER PLANE DISPUTE
Adam Pertman |
American policy makers believe U.S. relations with Japan have been hurt, perhaps seriously, by a con
Maritime
PEOPLE - EXPORTS
Wire and Staff Reports |
BECHTEL GROUP INC. (San Francisco) - Riley P. Bechtel was named president and chief operating office
Maritime
US URGED TO PRESSURE POLAND TO INSTITUTE ECONOMIC REFORM
From Wire Reports |
The United States should respond favorably to Poland's political reforms but should insist Warsaw fo
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Apr. 11, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
NEC SUPERCOMPUTER SHOWS JAPAN READY TO CHALLENGE US SUPREMACY
(Ap) |
An NEC Corp. supercomputer that will go on sale next year represents the leading edge of a Japanese
Maritime
S. KOREAN UNIONS HINT OF STRIKES
From Wire Reports |
South Korean unions will begin nationwide strikes on May 1 if they fail in a campaign to win higher
Maritime
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