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SHIPPER BRIEFS
From Wire and Staff Reports |
TIMKEN CO. PLANS $1 BILLION INVESTMENTCANTON, Ohio - Timken Co. intends to invest about $1 b
Transport, Trade and Regulation News
WORLD TODAY
Wire and Staff Reports |
CUT E. EUROPE ARMS, NATO URGES MOSCOWVIENNA, Austria - NATO on Monday urged Moscow to cut it
DOLLAR PUSHES HIGHER ON TECHNICAL FACTORS
Knight-Ridder Financial |
The U.S. dollar pushed higher Monday in what dealers were calling a technical rally. With no
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ALBERT L. KRAUS - MARKETS & MONEY
Albert L. Kraus |
SOMETHING HAS BEEN HAPPENING to the nation's money supply. After fairly heady growth early last year
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PEOPLE - FINANCIAL
Wire and Staff Reports |
AMEV ADVISERS INC. (St. Paul, Minn.) - Thomas Birk was named vice president for sales, a new positio
COST OF CREDIT
JOC Staff |
Fri., March 3, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
THIRD WORLD DEBT PRICES FALL ON VENEZUELA NEWS
Deborah Lutterbeck |
Secondary market prices of Third World debt continued to slide last week, as the Venezuelan debt sit
ARGENTINE HOPES DIM FOR NEW FINANCING
Wire Reports |
The World Bank's decision to suspend $550 million of loans for Argentina sharply reduces the country
AFRICAN FINANCE MINISTERS MEETING ON DEBT IN MALAWI
Wire Reports |
African finance ministers gathered in Malawi Monday to seek an easier cure for their ailing economie
'UNITED STATES' CHANGES BERTH IN NEWPORT NEWS
Journal of Commerce Staff |
After nearly 20 years, the famed luxury liner United States has set sail once again, but only to be
Maritime
SHIP SAILINGS DISTRIBUTED
Facsimile |
Australia-New Zealand Direct Line has started distributing its sailing schedules by an automated fac
Maritime
PACIFIC SHIP OFFICIALS DISCUSS RATES IN SEOUL
Journal of Commerce Staff |
Top executives of 13 major shipping lines in the Pacific trades gathered Monday in Seoul, South Kore
Maritime
NEW NY PORT CHIEF EXPECTS RED HOOK TO BE EXPANDED IN '89
David F. White |
New York City's principal working marine terminal is likely to be expanded this year, and the enviro
Maritime
SINGAPORE'S KEPPEL CORP. ACQUIRES PHILIPPINE YARD
P.T. Bangsberg |
Singapore's Keppel Corp. is taking control of a shipyard in the central Philippines, and is putting
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
PEOPLE MARITIME
From Wire and Staff Reports |
BLUE STAR LINE LTD. (San Francisco) - Nicholas E. Bak- sheeff was named assistant operations manager
Maritime
MARITIME AGENCY REVOKES LICENSES OF FOUR FORWARDERS
Journal of Commerce Staff |
The Federal Maritime Commission revoked the licenses of four ocean freight forwarders. Two f
Maritime
COFFEE EXPORTS RISE SHARPLY IN PHILIPPINES
P.T. Bangsberg |
Earnings from exports of coffee from the Philippines soared last year to a shade under US$50 million
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 6, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
HIGH COURT REJECTS APPEAL ON RATES BY COLO. CO-OPS
(Ap) |
The Supreme Court Monday rejected an appeal by a group of rural electric cooperatives challenging th
RULING UPHOLDS STATE REGULATION OF GAS PRODUCERS
Leah Young |
States have the power to regulate natural gas production even though the prices paid for gas in inte
MOBIL WORKERS IN SOUTH AFRICA VOTE TO STRIKE
From Wire Reports |
More than 400 workers at Mobil Oil Corp.'s refinery in Durban have voted to strike, an action which
ENERGY BRIEFS
From Wire and Staff Reports |
CONNECTICUT NATURAL ACQUIRES COMPANIESHARTFORD, Conn. - Connecticut Natural Gas Corp. purcha
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year3/6 3/3 Ch
OIL PRODUCERS PLAN TO MEET MARCH 31
Knight-Ridder Financial |
Ministers from nine members of the Organization of Petroleum Exporting Countries and perhaps seven o
UK POUND FUTURES WEAKEN ON WORRISOME TRADE FIGURES
Susan Buchanan |
British pound futures lost ground last week on pessimism about January's U.K. current account balanc
DOE SEEKS AUTHORITY TO SELL RESERVES
Knight-Ridder Financial |
The U.S. Department of Energy Monday requested authority from Congress to sell the U.S. Naval Petrol
OPEC OIL OUTPUT DECLINED IN FEBRUARY, IEA SAYS
Knight-Ridder Financial |
Crude oil output by the Organization of Petroleum Exporting Countries is expected to average 19.7 mi
ENERGY BRIEFS
JOC Staff |
SOVIET CUT REPRESENTS 100,000 BARRELS A DAYA planned 5 percent cut in the Soviet Union's oil
OIL INVENTORIES DECLINE IN INDUSTRIAL NATIONS
Knight-Ridder Financial |
Total oil inventories on Jan. 1 in industrial nations were down to an estimated 450 million metric t
COMMODITY BRIEFS
Wire and Staff Reports |
OILSEED OFFICIAL SEEKS CHANGE IN FARM POLICYAn overhaul of U.S. farm policy is needed to ens
SINGAPORE BUILDS 5TH CARGO TERMINAL
P.T. Bangsberg |
A fifth cargo terminal is being built at Singapore's Changi Airport at a cost of S$70 million (US$35
Air Cargo
MEXICO PLANS OVERHAUL OF TELEPHONE COMPANY
(Ap) |
The government-run telephone company, Telmex, will undergo a $15 billion restructuring in the next f
HAECO'S PROFIT INCREASES BY 33 PERCENT
P.T. Bangsberg |
Hong Kong Aircraft Engineering Co., the aviation repair and maintenance company known as Haeco, repo
Air Cargo
QUOTA CUT LIKELY FOR ROBUSTAS
Knight-Ridder Financial |
A cut in the International Coffee Organization's robusta coffee quota today is nearly certain with t
EUROPE CITES US BIAS IN AIRLINE RESERVATIONS
(Ap) |
Western European aviation officials have urged Washington to end a built-in bias against European ai
Air Cargo
TONY SEIDEMAN - EDI EXCHANGE
Tony Seideman |
NETWORK, SWEET NETWORK. When it comes to EDI, most industries like to work with a communicat
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