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SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
W. GERMAN ANALYSTS DISCOUNT TALKS OF BUNDESBANK RATE HIKE
Knight-Ridder Financial |
West German economists said they doubted the Bundesbank would raise interest rates at its council me
JAPANESE SAY LDC DEBT TO BE A KEY G-7 TOPIC
A.E. Cullison |
The heavy debts of the world's developing countries will be a major topic of discussion in Washingto
HUNTS DISBAND HOLDING COMPANY
(Reuter) |
Hunt Energy Corp., the holding company created by Dallas billionaires Nelson Bunker and William Herb
FINANCIAL BRIEFS
Wire and Staff Reports |
DAIWA SECURITIES BUYS OUT JOINT VENTURESYDNEY, Australia - The Australia and New Zealand Ban
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
COST OF CREDIT
JOC Staff |
Wed., Feb. 1, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
GOLD REMAINS BEARISH
Knight-Ridder Financial |
The near-term outlook for gold remains bearish while the dollar remains strong and supplies are ampl
ZIMBABWE SUGAR CROP AMONG THE BEST
John Kelley |
It was in 1902 that a Scottish hunter, Murray MacDougall, moved his wagons north from South Africa a
SOYBEAN ACREAGE OUTLOOK STILL HANGS IN BALANCE
Rosalind Krasny |
With two months to go until the 1989 U.S. planting intentions report, analysts still see price, weat
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year2/1 1/31 Ch
COMMODITY BRIEFS
Wire and Staff Reports |
LONDON EXCHANGE PLANS US METAL WAREHOUSESNEW YORK - The London Metal Exchange Exchange plans
SPOT PRODUCT PRICES
JOC Staff |
Jan. 31, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
ECONOMIC DATA ABROAD
From Wire Reports |
CANADA GDP INCREASED 0.1 PERCENT IN NOVEMBER '88Canada's seasonally adjusted gross domestic
SENATE PANEL OKS SKINNER, MOSBACHER
Journal of Commerce Staff |
The Senate Commerce, Science and Transportation Committee Tuesday approved the nominations of Samuel
PUBLISHER'S NOTEBOOK
Don C. Becker |
Is Soviet President Mikhail Gorbachev really in trouble with Russian conservatives? Andrei S
TORT REFORM DRIVE SEEN ADVANCING AT STATE LEVEL
Leah R. Young |
Twenty-eight states and the District of Columbia will debate changing their liability laws this year
INSURANCE BRIEFS
Wire and Staff Reports |
TRAVELERS MUST RENEW CALIF. AUTO POLICIESThe California Department of Insurance Tuesday rule
ST. PAUL TO DIVEST MINET SOUTH AFRICA
JIM McCARTNEY |
The St. Paul Cos. has agreed to sell Minet South Africa, an insurance brokerage firm it owns in Sout
PENSION PLANS TOLD TO TAKE LONG VIEW
Journal of Commerce Staff |
Pension plan administrators do not have to tender shares of stock under their control merely because
PEOPLE - INSURANCE
JOC Staff |
AMERICAN INTERNATIONAL GROUP INC. (New York) - Ernest E. Stempel was named to head this insurer's li
EARNINGS MARSH & MCLENNAN POSTS YEAR-END RESULTS
Journal of Commerce Staff |
Marsh & McLennan Cos. reported that operating income for the fourth quarter ending Dec. 31, 1988 was
CALIF. AGENTS FILE SUIT TO BLOCK BANK ENTRY
Josh Goldstein |
A group of independent insurance agents have taken their fight to stop banksfrom selling ins
MARITIME BRIEFS
From Wire and Staff Reports |
NORFOLK SHIPBUILDING GETS CONVERSION PACTThe Maritime Administration has awarded a $42,892,4
Maritime
REFORM FIGHT READIED BY INSURANCE INDUSTRY
Kevin Commins |
The insurance industry is prepared to spend $93 million, or as much as the 1988 Democratic and Repub
SAMSON TUG CO. WINS ALASKA CARGO FIGHT
Journal of Commerce Staff |
Samson Tug & Barge Co., Sitka, Alaska, finally won its fight to continue hauling containerized cargo
Maritime
EMPLOYER-SPONSORED HEALTH CARE COSTS SOARED BY 18.6 PERCENT IN 1988
(Ap) |
The cost of employer-sponsored health care plans leaped 18.6 percent per worker last year after two
APL WANTS MORE TIME TO ASSESS KOREAN LAWS
Journal of Commerce Staff |
American President Lines Ltd. believes the Federal Maritime Commission shouldallow more time
Maritime
SOFRANA TAKES OVER WHERE HYUNDAI LEFT OFF, CARRIERS SAY
Bruce Barnard |
When the European Commission hammered Hyundai Merchant Marine with a $500-a- container levy at the b
Maritime
MARSEILLES PORT LAGS ANTWERP IN SPITE OF 4.9 PERCENT CARGO GROWTH
Barbara Casassus |
The Port of Marseilles-Fos slipped to third place in the European maritime traffic league last year,
Maritime
BUSH WARNS DEFENSE CONTRACTORS IN PORT TALK
WILLIAM DiBENEDETTO |
President Bush Tuesday told U.S. Navy seamen and shipyard workers in Norfolk, Va., that he intends "
Maritime
INSURANCE RULES COULD SHUT DOWN SERVICE STATIONS
Tim Sansbury |
Independent petroleum marketers released a survey Tuesday predicting that nearly 27,000 of the natio
UTILITY OUTLOOK
JOC Staff |
This Week: New England: Central Maine Power Co., Augusta, Maine Mid-Atlantic: Public Service
COAL BRIEFS
From Wire and Staff Reports |
UMW TO POSTPONE STRIKE AGAINST PITTSTONThe United Mine Workers of America announced Tuesday
PREHEARING SCHEDULED ON BOX RULE COMPLAINTS
Journal of Commerce Staff |
A prehearing conference will be held March 2 in ocean freight consolidators' attempt to recover mill
Maritime
MILD WINTER CAUSES GAS PRICES TO PLUMMET
Michael Arndt |
A funny thing has happened in the natural gas business. It is midwinter, when gas demand and
ARCO TO ADD ETHANOL TO ARIZ. GASOLINE
Journal of Commerce Staff |
Atlantic Richfield Co. will meet Arizona's new air quality standards for autofuels by blendi
BP AMERICA ADOPTS SINGLE TRADEMARK
Journal of Commerce Staff |
BP America Inc., British Petroleum Co.'s U.S. operating unit, will use a redesigned green and yellow
EC COURIERS PROTEST POSTAL 'SQUEEZE'
Bruce Barnard |
The European Community Commission will soon rule on whether eight European post offices have conspir
Air Cargo
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