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COMMODITY BRIEFS
Wire and Staff Reports |
USDA LOWERS NUMBER OF CATTLE-ON-FEED- Estimates by the U.S. Department of Agriculture show t
ENERGY BRIEFS
Wire and Staff Reports |
MEXICO WILLING TO CUT CRUDE PRODUCTIONMexico is willing to reduce crude oil production by 5
COAL GROUP SEES GROWTH IN SOUTH KOREAN MARKET
P.T. Bangsberg |
There's a growing market for coal in South Korea, a London-based expert said, but it seems unlikely
DETROIT EDISON REPORTS JANUARY SALES RECORD
Journal of Commerce Staff |
Detroit Edison Co. sold 3.66 billion kilowatt hours of electricity in January, a 3.7 percent increas
CHINA CLAIMS COAL IS BEING DIVERTED
Journal of Commerce Staff |
Much of China's worsening power shortages are caused by mining and railway officials taking bribes t
DOLLAR LIKELY TO SETTLE IN LOWER TRADING RANGE
Kevin Commins |
The dollar is likely to settle into a slightly lower trading range in the coming months, currency tr
PEOPLE - FINANCIAL
Wire and Staff Reports |
CITICORP (New York) - Henry D. Mlynarski was named to head Citicorp Securities Markets Inc.'s U.S. g
NAVISTAR EARNINGS FELL IN FIRST QUARTER
Journal of Commerce Staff |
Navistar International Corp. reported that first quarter earnings fell to $37.4 million, or 12 cents
Trucking News
SEAWAY OFFICIAL MAPS TRADE MISSION STRATEGY
WILLIAM DiBENEDETTO |
Next month's St. Lawrence Seaway trade mission to Europe and North Africa will focus on export oppor
Maritime
CHINA HOPES TO ELECTRIFY RAILS
Noel Fletcher |
Electric engines are the focus of China's railroad plan to save energy and increase transport capaci
Rail News
MARITIME BRIEFS
From Wire and Staff Reports |
PROPOSAL TO RESTRICT BAY DUMPING SCOREDRepresentatives from the maritime industry roundly cr
Maritime
PA. PORT, HOLT INK TENTATIVE LEASE
Journal of Commerce Staff |
The Philadelphia Port Corp. announced late Wednesday a tentative agreement giving Holt Cargo Systems
Maritime
'TOUGH' TOM HOLT SHAKES UP DELAWARE RIVER PORT SCENE
Peter Bizen |
Less than a year ago, Holt Cargo Systems Inc., a waterfront terminal operator based in Gloucester Ci
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Feb. 16, 1989 Baltic International Freight Futures Market*PrevClose High Low Vol
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1499 (Feb. 16, 1989) Previous day - 1503 The Baltic International Freight Futures Market in
Maritime
W. GERMAN ECONOMISTS PLEASED WITH BUNDESBANK
Knight-Ridder Financial |
The Bundesbank's decision Thursday not to raise interest rates signals a reprieve from the recent un
AFRICAN DEBTOR NATIONS SEEK ALTERNATIVE TO IMF PROGRAMS
From Wire Reports |
Africa is seeking a sweetened, home-grown medicine to replace that usually prescribed by the Interna
LIFFE ADMITS PROBLEMS BUT DOWNPLAYS IMPACT
JIM McCALLUM |
The London International Financial Futures Exchange admits that tradingmalpract ices occur on its fl
HOWARD SIMON - SIMON SAYS
Howard Simon |
PRODUCERS OF U.S. FARM GOODS are making their pleas for help from the new administration in Washingt
COST OF CREDIT
JOC Staff |
Thu., Feb. 16, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PORTS SCRAMBLE TO PAY FOR IMPROVEMENTS
Marie Prat |
With little or no regular assistance from the state and their ability to issue bonds limited by the
Maritime
WILHELMSEN LINES TO REDUCE DEBT BEFORE EXPANDING
Jon Jacobs |
Reducing debt is the first priority for Wilhelmsen Lines AS, the newly formed company that owns and
Maritime
STEVEDORES ASK FOR ILA HELP TO COMPETE FOR MILITARY JOB
Craig Dunlap |
Waterfront employers in Jacksonville, Fla., have asked union dockworkers to give up several importan
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
Real Estate Executive Tapped for LA PostTay Yoshitani, president of a real estate developmen
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year2/16 2/15 Ch
DEFENSE COMMISSION MAPS ACTION PLAN
WILLIAM DiBENEDETTO |
The final report by the Commission on Merchant Marine and Defense to President Bush and Congress pro
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
CHEVRON TO BOOST STRYENE CAPACITY AT PLANT IN LA.
Journal of Commerce Staff |
Chevron Chemical Co. said it is proceeding with a previously announced project to boost styrene capa
WASTE EXPORTERS, IMPORTERS AGREE ON UN INFORMED CONSENT SYSTEM
(Ap) |
Third World nations and chemical exporters have agreed on a so-called prior informed consent system
FRANCE'S ORKEM TRIPLED ITS INCOME IN 1988
Barbara Casassus |
Orkem, a leading French chemicals manufacturer, tripled its earnings from 1 billion francs ($166 mil
USDA TIGHTENS REQUIREMENTS FOR COVERAGE UNDER SUBSIDY PLANS
Knight-Ridder Financial |
The U.S. Department of Agriculture has notified exporters that only 100 percent U.S.-produced goods
CHEMICAL BRIEFS
Wire and Staff Reports |
BRAZIL'S POLIOLEFINAS TO BUILD PE PLANTDANBURY, Conn. - Poliolefinas SA, of Sao Paulo, Brazi
CHEMICAL MARKETS CSX TRANSPORTATION CUTS FERTILIZER RATES
Journal of Commerce Staff |
CSX Transportation Inc. is incorporating rate reductions of up to 10 percent for dry and liquid phos
LONZA INC. STARTS UP EXPANDED PA. PLANT
Journal of Commerce Staff |
Lonza Inc. announced the start-up of its expanded specialty chemicals plant located in Williamsport,
GE EXPECTS TO BE LEADER IN ASIAN ABS INVESTMENT
Gary Aderman |
Production in the Far East of acrylonitrile butadiene styrene, or ABS, is growing rapidly and GE Pla
MONSANTO TO ACQUIRE RUBBER LINE FROM BP
Journal of Commerce Staff |
Monsanto Co. will purchase the marketing and technical assets of BP Performance Polymers Inc.'s TPR
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
BUSINESS EXPERT URGES US TO ADOPT POLICIES HE TOOK TO JAPAN
(Ap) |
An American management guru credited with helping to pull Japan'sbusiness out of the rubble of World
Maritime
HONG KONG ISLANDS LINE TO JOIN IN NEW AUSTRALIA -FAR EAST SERVICE
Mark Magnier |
The principals of Hong Kong Islands Line said they will start a new service between eastern Australi
FUROR OVER WHALING CUTS DEMAND FOR ICELANDIC FISH
Cristina Lee |
The international whaling issue has finally touched the palates of U.S. consumers. Major res
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