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PRODUCTS MARKETPLACE
A Staff Report |
AMINES BASF Corp., Parsippany, N.J., will increase prices for various specialty amines, effe
MARATHON EXPLORES ABANDONED SITE OFF SOUTH KOREA
P.T. Bangsberg |
An offshore South Korean site once written off as a dry hole is being re- explored by Marathon Oil C
EC SUBSIDY CRACKDOWN PUTS COAL UNDER SIEGE
Bruce Barnard |
The troubled West European coal industry is in a state of virtual siege. The European Commun
FREIGHT RATE FUTURES
JOC Staff |
Mar. 15, 1989 Baltic International Freight Futures Market*PrevClose High Low Vol
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
LARGEST METHANOL SHIP SAILS ON FIRST VOYAGEA new ship designed especially to carry methanol
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1640 (Mar. 15, 1989) Previous day - 1632 The Baltic International Freight Futures Market in
Maritime
BRAZILIAN STRIKE FAILS TO AFFECT COMMODITIES
Knight-Ridder Financial |
A Brazilian general strike, called to protest government austerity policies,closed some Braz
Maritime
TAIWANESE PROPOSE PLAN TO CUT SURPLUS IN TRADE WITH US
Jennifer Friedland |
Two high-level Taiwanese officials proposed a package of measures Wednesday designed to ease the U.S
ECONOMIC DATA ABROAD
From Wire Reports |
INFLATION IS CLIMBING IN INDUSTRIAL COUNTRIESThe average inflation rate in industrial countr
NJ APPROVES AUTO RATE HIKES
(Ap) |
The state has approved car insurance increases of nearly 8 percent for two insurance companies that
CALENDAR NOTES
JOC Staff |
Northwestern University Transportation Center, seminar, "Petroleum/Energy Economics & Management." A
DOLLAR CLIMBS SHARPLY DESPITE FED INTERVENTION
Knight-Ridder Financial |
The U.S. dollar rose sharply Wednesday, climbing above 1.87 deutsche marks and 130 yen, despite at l
TIN MINE REVIVAL SCHEME UNDER WAY IN MALAYSIA
P.T. Bangsberg |
As Malaysia's tin production declines while world prices rise, the government is moving to stimulate
FINANCIAL BRIEFS
Wire and Staff Reports |
POLAND INTRODUCES FREE CURRENCY TRADINGWARSAW, Poland - Poland Wednesday introduced free cur
US EXPORTS CORN TO SOVIET UNION
Knight-Ridder Financial |
The United States exported 1.57 million metric tons of corn but no wheat or cotton to the Soviet Uni
ICC DECIDES FOR HOVER IN MICH. TRANSPORT CASE
Leo Abruzzese |
The Interstate Commerce Commission said a Michigan trucker did not violate state transportation law
Trucking News
COUNTY THREATENS TO SUE NJ TRANSIT
(Ap) |
Atlantic County officials are threatening to sue NJ Transit if commuter rail service to this resort
Rail News
TENSION FOLLOWS HOUSTON VIOLENCE
Gary Taylor |
Extra guards and police patrols braced against the prospect of renewed violence Wednesday in the wak
Maritime
SINGAPORE EYES TEXTILE FOOTHOLD IN US MARKET
P.T. Bangsberg |
Textile companies in Singapore are drawing up plans to make their industry more competitive and effi
Maritime
MARYLAND WOOD FIRMS MAY JOIN TO EXPORT
WILLIAM DiBENEDETTO |
With the idea that there is strength in numbers, several lumber companies in Maryland may join force
Maritime
ITALIAN INSURER PREDICTS BOOM IN PERSONAL LINES ACQUISITIONS
Cristina Lee |
A top executive in one of Italy's major insurance companies predicts European companies will begin t
PEOPLE - INSURANCE
Wire and Staff Reports |
Hook Named Chief At Unum Corp.Rodney N. Hook was named chief financial officer and senior vi
COST OF CREDIT
JOC Staff |
Wed., Mar. 15, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
TELECOM EXPORTS FROM US FALL 10 PERCENT
Paula L. Green |
U.S. trade officials continue to focus on Europe and South Korea in a bid to open up overseas teleco
Maritime
HONG KONG WRESTLES WITH ISSUE OF WHEN A 'BANK' IS A BANK
P.T. Bangsberg |
Changes are being made in the colony's secondary banking sector, including new terminology and highe
STORM LOSSES MAY SUPPORT POULTRY
Carolyn Glade Dvorak |
Losses in birds and housing as a result of a late-winter storm last week will give the poultry marke
COMMODITY BRIEFS
Wire and Staff Reports |
FOOD LABELING BILL TARGETS VEGETABLE OILSSen. Tom Harkin, D-Iowa, and Rep. Dan Glickman, D-K
PEOPLE - ENERGY
From Wire and Staff Reports |
MANAGEMENT ANALYSIS CO. (San Diego, Calif.) - Eugene P. Wilkinson was named to a one-year term as ch
POSTAL OFFICIALS STRESS SERVICE IN AIRMAIL PACT
Ira Breskin |
United States Postal Service officials say they'll be flexible when setting the standard fee that al
Air Cargo
BOEING UNVEILS PLANS TO EXPAND WASH. FACTORY
John Davies |
In its largest expansion in two decades, the Boeing Co. will spend $300 million over the next three
Air Cargo
ELECTRONICS BRIEFS
From Wire and Staff Reports |
SUNGARD DATA SYSTEMS BUYS SOFTWARE SERVICEWAYNE, Pa. - SunGard Data Systems Inc. has entered
LISKOV NAMED TO FILL NY INSURANCE POSITION
Journal of Commerce Staff |
Richard Liskov was appointed deputy superintendent and general counsel of the state Insurance Depart
INSURANCE BRIEFS
From Wire and Staff Reports |
GROUP PLANS TO APPEAL DISMISSAL OF NY SUITSThe American Insurance Association filed a notice
FARMER CREDIT CARDS ARE MAKING A COMEBACK
Lee Egerstrom |
Like the advertisements about the stores that won't take American Express, there are feed stores and
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DUTCH BANK MERGER TERMED PERFECT MATCH
Gordon Platt |
The fourth and fifth largest banks in the Netherlands plan to merge in an attempt to strengthen thei
PEOPLE - FINANCIAL
From Wire and Staff Reports |
SHEARSON LEHMAN HUTTON (New York) - Jerome H. Miller, vice chairman, was named to head the asset man
PEOPLE - MARITIME
From Wire and Staff Reports |
AUSTRALIA-NEW ZEALAND DIRECT LINE (San Francisco) - Antonio Saraceno was appointed sales manager-Pac
Maritime
YAMANOUCHI A WHITE KNIGHT FOR SHAKLEE
From Wire Reports |
Yamanouchi Pharmaceutical Co.'s rescue of Shaklee Corp. from a hostile suitor Monday may have been s
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