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JAPANESE BANKER: SURPLUS TO REMAIN
A.E. Cullison |
Japan's embarrassingly massive trade surplus will not dramatically decline this fiscal year, a prom
CENTRAL BANKS, TRADERS SQUARE OFF OVER DOLLAR
Kevin Commins |
A showdown may be looming between the currency market and the world's major central banks. C
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PEOPLE - FINANCIAL
From Wire and Staff Reports |
SEAMEN'S BANK FOR SAVINGS (New York ) - Lawrence Daly was promoted to vice president of the bank.
COST OF CREDIT
JOC Staff |
Fri., Feb. 3, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
FINANCIAL BRIEFS
Wire and Staff Reports |
SERVICE SECTOR INDEX UP 2.9 PERCENT IN DECEMBERNEW YORK - The leading index of U.S. service
US STANCE ON SUGAR GAINS PRAISE
Journal of Commerce Staff |
U.S. Agriculture Secretary-designate Clayton Yeutter's comments that the Bush administration will su
BUSH AND FED QUICKLY AT ODDS OVER INFLATION CONTROL POLICY
Robert Dodge |
If President Bush has wasted no time in reaching out to Congress, he also has not missed a beat in d
INTERNATIONAL EDI TAKES A MAJOR STEP FORWARD
Tony Seideman |
Representatives of the North American electronic data interchange community now have a bureaucracy t
FREIGHT RATE FUTURES
JOC Staff |
Feb. 3, 1989 Baltic International Freight Futures Exchange*PrevClose High Low Vo
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1584 (Feb. 3, 1989) Previous day - 1607 The Baltic International Freight Futures Exchange in
Maritime
ELECTRONICS BRIEFS
From Wire and Staff Reports |
NEW NETWORK PRODUCTS INTRODUCED BY AT&TYORK - American Telephone & Telegraph Co. is introduc
ATA CREATES BODY TO SERVICE GROWTH OF EDI IN TRUCKING
Torrey Byles |
The American Trucking Associations, Alexandria, Va., has created a Management Systems Council to hel
FREIGHT FORWARDER EXPANDS TO MEET GROWING MARKET
Paula Mate |
Pilot Air Freight, a privately held forwarder with headquarters in the Philadelphia area, is adding
Air Cargo
APOLLO DEVELOPS 3-D WORKSTATION
(Reuter) |
Apollo Computer Inc., a leading maker of computer workstations, announced Wednesday that it has the
A LOBSTER TAIL BET CREATES UNISYS' DESKTOP MAINFRAME
Valerie Reitman |
In December 1986, Nick Ruddick, a Unisys Corp. vice president, bet his team of computer cowboys that
PEOPLE - TRANSPORT
From Wire and Staff Reports |
HAWK OF CONNECTICUT INC. (Danbury, Conn.) Frederick C. Timm was named regional international sales a
Air Cargo
JAPANESE AIRLINES PLAN TO TIGHTEN SOME TICKET RULES
A.E. Cullison |
Thirty-six Japanese and foreign airlines operating out of Japan have agreed to clamp down harder on
Air Cargo
WASHINGTON PURSUES MORE LIFT TO EUROPE
John Davies |
The state of Washington said it will campaign to end a shortage of air cargo space on routes from Se
Air Cargo
AVIATION BRIEFS
JOC Staff |
CONTINENTAL CHIEF QUITS AFTER ONE YEAR AT POSTHOUSTON - Martin Shugrue, who took over as pre
Air Cargo
PEOPLE - ENERGY
From Wire and Staff Reports |
COASTAL CORP. (Houston) - Clark Johnson joined Coastal as president of Coastal Mart Inc., its retail
ENERGY BRIEFS
From Wire and Staff Reports |
COMPANY SET TO HELP SAUDIS INVEST IN JAPANThe Arabian Oil Co. of Japan announced it is ready
GLOBAL CRUDE OIL PRODUCTION DECLINED IN JANUARY, IEA SAYS
Knight-Ridder Financial |
World crude oil output in January averaged 49.6 million barrels a day, down 4 million b/d from Decem
DUBAI DENIES REPORT OF PLANNED OUTPUT CUT
Knight-Ridder Financial |
A newspaper report Thursday that Dubai is to cut its crude oil output in February or March is "nonse
IMC UNIT SET TO START UP PLANT
Journal of Commerce Staff |
International Minerals & Chemical Corp.'s Mallinckrodt Inc. specialty chemicals unit will begin maki
IMC PLACES ITS BETS ON SWITCH FROM 'BRAWN' TO 'BRAIN' BUSINESS
Anita Schrodt |
International Minerals & Chemical Corp., which in the past year pulled awayfrom its traditio
CONN. CITIZENS' GROUP SAYS WASTE EFFORT IS UNDER-FUNDED
(Ap) |
Connecticut doesn't devote enough money or workers to the task of cleaning up hazardous waste sites,
SUPER YACHT UP FOR SALE TO HELP PAY ITS CREDITORS
Mark Magnier |
So you've socked away a few clamshells and hope to buy a little sailboat to dabble around with on th
WEAPONS TALKS SHOW LITTLE PROGRESS
(Reuter) |
Chemical weapons talks at the United Nations ended after three weeks of work Friday with little sign
CHEMICAL BRIEFS
Wire and Staff Reports |
EC SEEKS TO RECONCILE EXPORT CONTROLS EFFORTSBRUSSELS, Belgium - The European Community is r
PEOPLE - INSURANCE JEROME KARTER IS NAMED PRESIDENT, CEO OF SCOR RE
From Wire and Staff Reports |
NEW YORK - Jerome Karter was named president and chief executive at Scor Re, the U.S. reinsurance su
MOSBACHER PROMISES TO CLEAN UP WATERS
(Ap) |
Texas oilman Robert Mosbacher was sworn in as secretary of commerce Friday, pledging to help America
TWO NJ AUTO INSURERS SEEK RATE HIKES
(Ap) |
Two auto insurance firms have asked the state for rate increases that would apply to 47,000 cars.
CLARIFICATION
JOC Staff |
In an "Inside Talk on Insurance" item appearing on Page 5A in the The Journal of Commerce of Friday,
BOX RULE DEMISE IS GOOD NEWS FOR CONSOLIDATORS
Bruce Vail |
Two weeks after the U.S. Supreme Court sounded the death knell for the 50-mile container-handling ru
Maritime
MARITRANS PARTNERS POSTS DROP IN PROFIT
Journal of Commerce Staff |
Maritrans Partners LP said its net income for the quarter ended Dec. 31, 1988, totaled $3.9 million,
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
CALIF. SENATE REJECTS POLICY RENEWAL BILLSACRAMENTO, Calif. - The California Senate late las
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
Prices of ocean freight futures contracts lost ground for the second week in a row last week, in lin
Maritime
NEWS SUMMARY
JOC Staff |
* JofC Industrial Price Index: Aluminum 6A * Kevin Commins - Currency Forecast 7A* Milan Sve
SURVEY FINDS MERGERS SLOW RESEARCH SPENDING IN US
(Reuter) |
Companies involved in mergers or buy-outs slowed their spending on research and development in 1986
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