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BOXSHIP GLUT SPELLS HARDSHIP, SAYS BANK
P.T. Bangsberg |
A new bout of overcapacity will mean more grim times and some casualties ahead for containership lin
FINANCIAL BRIEFS
Wire and Staff Reports |
BANKERS' ACCEPTANCES GUIDELINES ISSUEDNEW YORK - The Public Securities Association has issue
RATE OF CHANGE DISTURBS DEVELOPER OF PRICE INDEX
Anita Schrodt |
The Journal of Commerce's Industrial Price Index held above the 104 mark last week, closing at 104.4
DU PONT UNIT TO CONSTRUCT NYLON FILAMENT PLANT IN UK
Journal of Commerce Staff |
E.I. du Pont de Nemours & Co. announced that its subsidiary in the United Kingdom will build a plant
FMC TO PROBE CARRIER'S STATUS DURING MEET
Journal of Commerce Staff |
The Federal Maritime Commission will examine whether Neptune Orient Lines Inc. of Japan is a state-c
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS The European Community of 1992. Symposium. March 29-31. Elizabethtown College
Maritime
CATTLE FEEDLOT INVENTORY GROWS
JOC Staff |
Cattle being fed for the slaughter market as of March 1 in the seven major beef states totaled 7.66
CAPTIVE COMPANY HELPS TO TRIM INSURANCE COSTS OF 30 TOYMAKERS
Cristina Lee |
There's a spark of life for toymakers large and small whose past was held hostage by the pricing whi
CANADA URGED TO HELP FUND NEW SOO LOCK
Leo Ryan |
Canada should share with the United States the $280 million cost of building a second large lock on
Maritime
PUMP EXPLODES ON TANKER UNLOADING OIL IN NEW JERSEY
(Ap) |
A worker was injured Friday when a pump exploded aboard a tanker unloading crude oil, authorities sa
Maritime
ITC CALENDAR TRADE COMMISSION TO COMPLETE HEARINGS ON URUGUAY ROUND
William Armbruster |
The U.S. International Trade Commission will complete next month its series of hearings on the Urugu
Maritime
ECONOMIC DATA ABROAD
From Wire Reports |
UK'S AVERAGE GDP RISES 0.5 PERCENT IN QUARTERThe United Kingdom's seasonally adjusted averag
WILL GRAPE SCARE HURT IMPORTS?
(Ap) |
The discovery of poisoned grapes from Chile has raised questions among government and industry analy
Maritime
CORRECTION
JOC Staff |
The story "Grapes Bring Focus On Obscure Insurance," in The Journal of Commerce, March 16, Page 1A,
INSURANCE BRIEFS
From Wire and Staff Reports |
GA. LIFE INSURER GETS SOUTH KOREAN LICENSELife Insurance Co. of Georgia has received its fin
CONGRESSMEN CRITICAL OF LDC DEBT PLAN
(Ap) |
Administration officials claim their new approach to Third World debt could reduce developing nation
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
MYCOGEN, JT BIOTECH SET BIOHERBICIDE JOINT VENTURE
Journal of Commerce Staff |
Mycogen Corp. announced an agreement with JT Biotech USA Inc., a U.S. subsidiary of Japan Tobacco In
CURRENCY TRADERS READY TO TEST CENTRAL BANKS
KEVIN COMMINS Journal of Commerce Staff |
The Group of 7 agreement to keep the dollar within proscribed bands is likely to be tested in the co
DIAMOND M. ATLANTIC SEEKS NOD TO SELL SHIP
Journal of Commerce Staff |
Diamond M. Atlantic Co., Houston, is seeking Maritime Administration permission to sell a drilling v
Maritime
ELECTRONICS BRIEFS
From Wire and Staff Reports |
MCDONNELL DOUGLAS EXECUTIVE CHARGEDST. LOUIS - British authorities have charged a former exe
STEEL IMPORT QUOTAS HIT NEW ORLEANS HARD
Marie Prat |
The head of a steel importers' group has urged the New Orleans trade community to get involved in de
Maritime
REPORT QUESTIONS FISCAL HEALTH OF CLEVELAND MALPRACTICE INSURER
David Conn |
An actuarial report disseminated to doctors and insurance agents in Maryland has raised financial qu
NEWS SUMMARY
JOC Staff |
* John Boyd - Economic Beat 3A * JofC Industrial Price Index 6A* Kevin Commins - Currency Fo
VENEZUELA MAY SWAP OIL FOR SUGAR
Knight-Ridder Financial |
Venezuela is believed to be near agreeing to barter oil for 350,000 metric tons of sugar with at lea
SOUTH AFRICAN PRODUCERS BULLISH ON SALES OUTLOOK
Tony Koenderman |
South African coal producers expect a 40 percent increase in export earnings this year, thanks to a
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
CANADA'S MILLAR PLANS TO BUILD 2ND PULP PLANT
Mike Lauzon |
Strong growth in demand for bleached chemithermomechanical pulp, or BCTMP, has spurred Millar Wester
US UNIT HELPS BOOST GLAXO NET
Edwin Unsworth |
Glaxo Holdings PLC, the U.K. pharmaceuticals group, announced last week that a strong performance by
SOVIETS TRY TO DEVELOP A CULTURE OF CREDIT
Wire Reports |
The Soviet Union plans to issue its first credit cards in the next six months but Western bankers sa
LATIN DEBT SAPS REGION'S GROWTH
Wire Reports |
Living standards in Latin America fell last year to the levels of the late 1970s as the region's $43
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TRADE BETWEEN EUROPE, FAR EAST IS ON THE RISE
Erich E. Toll |
Cargo volume on shipping lanes between Western Europe and the Far East within 10 years will overtake
Maritime
CAR DEALERS SEEK REPEAL OF TARIFF ON TRUCKS
Jennifer Friedland |
An organization representing dealers of imported automobiles is urging the U.S. government to repeal
Maritime
DOMESTIC DEMAND SPURS JAPAN'S GROWTH
From Wire Reports |
Japan's economy grew at its fastest pace in 15 years in 1988, officials said Friday, even though con
FORD'S HEALTH BEST IN SLUMP, REPORT SAYS
From Wire Reports |
Ford Motor Co. could best weather a substantial decline in U.S. auto sales, while Chrysler Corp. app
TVA SPOT PACT GOES TO HARLAN
Journal of Commerce Staff |
The Tennessee Valley Authority said it awarded only one spot coal contract, for 6,500 tons, during t
ASHLAND EXPECTS LOSSES IF ACID RAIN PROPOSAL PASSED
Tim Sansbury |
Ashland Coal Co. said this week it will suffer immediate losses in sales of West Virginia coal to Mi
CARRIER HELPS CUB IMPROVE ON MOTTO: 'FISH IN A FLASH'
Journal of Commerce Special |
When Stillwater, Minn.-based Cub Food's "Fish in a Flash" program began more than a year ago, Federa
Air Cargo
PRODUCTS MARKETPLACE
A Staff Report |
FLAME RETARDANTS FMC Corp., Philadelphia, Pa., announced increases on its Kronitex flame ret
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