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BANK OFFICIALS FORECAST SLOWDOWN IN LATE 1989
Knight-Ridder Financial |
The U.S. economy is probably headed for a soft landing in late 1989, three banking industry official
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
FED DENIES ANY GOAL TO RESTRICT GROWTH
John Boyd |
Federal Reserve Vice Chairman Manuel Johnson Wednesday issued a strong statement against inflation b
ECONOMIC DATA ABROAD
From Wire Reports |
HONG KONG'S DEFICIT IN TRADE NARROWS 2.3 PERCENTHong Kong posted a provisional trade deficit
NEW WAYS SOUGHT TO MONITOR FUTURES TRADE
Kevin Commins |
Allegations of widespread fraud on the Chicago futures exchanges are leading to calls for the introd
THE ECONOMY
From Wire Reports |
DECEMBER DEFICIT PUT AT $11.6 BILLIONThe U.S. government posted a total deficit of $11.568 b
SENATOR LINIE GOES TO LARGER VESSELS
Erich E. Toll |
Senator Linie said Wednesday that four containerships have been ordered on its behalf as part of the
WILL PORK RINDS BE NEW RAGE?
Anita Schrodt |
Jimmy Carter had his peanuts. And they became fashionable munchies of the 1970s.Ronald Reaga
PHILA. CONTAINER YARD TO BE OPENED TO ALL
Gloria Joseph |
For the first time in its 20-year existence, Philadelphia's largest container yard is set to be leas
BIG SALARY INCREASES WORRY JAPAN'S CENTRAL BANKER
A.E. Cullison |
Bank of Japan Governor Satoshi Sumita expressed concern Wednesday that this spring's labor negotiati
CUSTOMS FEE, TAX HURT US AT TRADE TALKS
Richard Lawrence |
A U.S. Customs user fee and an oil import tax are complicating U.S. efforts at the Uruguay Round tra
FED REPORT SEES ECONOMIC PICKUP
Knight-Ridder Financial |
The economy appeared to pick up steam in late December and early January as consumer spending contin
LIFE INSURANCE PREMIUMS VARY WIDELY IN NEW JERSEY
(Ap) |
The state Department of Insurance said Tuesday it will ask companies with annual life insurance prem
EXPERTS DIFFER ON PROGNOSIS FOR HEALTH-INSURED AMERICA
Rebecca Winslow |
Spiraling health-care costs were ranked the No. 1 problem of small employers surveyed in 1988. Heavy
BANK OF CHINA PICKS NCR BID FOR COMPUTER
P.T. Bangsberg |
NCR Corp. scored a last-minute triumph over arch-rival International Business Machines Corp. in winn
INSURANCE BRIEFS
From Wire and Staff Reports |
MASS. AGENTS WARNED ABOUT INFLATED CLAIMSInsurance agents in Massachusetts are being warned
CITIZENS' GROUPS IN NJ WAGE WAR ON AUTO INSURERS
(Ap) |
A coalition of labor and community organizations will go door-to-door to garner support for its plan
US, JAPANESE MAP GLOBAL AID FUND
Mark Magnier |
Japanese and U.S. officials, hoping to establish a new international fund that will pay for giant in
LAWMAKER WOULD REPEAL TAX OVERHAUL PROVISION
(Ap) |
The chairman of the House Committee on Small Business says Congress shouldrepeal a provision
SHIP AGENCY MAPS STRATEGY AGAINST 50-MILE DOCK RULE
Robert F. Morison |
The Federal Maritime Commission decided Wednesday that it will give ocean carriers a week's notice t
INTERVENTION BY FED DRIVES DOLLAR DOWN
Knight-Ridder Financial |
The U.S. dollar declined against key currencies Wednesday after the Federal Reserve intervened, sell
PEOPLE - FINANCIAL
From Wire and Staff Reports |
AMALGAMATED BANK OF NEW YORK (New York) - Nicholas J. Palermo was named president and chief executiv
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
VENEZUELAN CURRENCY REFORMS SET
(Ap) |
Venezuelan President-elect Carlos Andres Perez said he plans a series of economic reforms, including
FINANCIAL BRIEFS
Wire and Staff Reports |
NICARAGUA DEVALUES ITS CURRENCY AGAINMANAGUA, Nicaragua - In a move to salvage Nicaragua's w
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
IT MAY PAY FOR COMPANIES TO ENTER EUROPE BEFORE '92
Journal of Commerce Staff |
Some Americans fear that when the European Community forms a single, tariff- free internal market in
EC BANK PROFITS TIED TO ELECTRONIC PAYMENTS
Bill Mongelluzzo |
In past decades, when U.S. banks in Europe earned profits by lending money and handling foreign exch
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
COST OF CREDIT
JOC Staff |
Wed., Jan. 25, 1989 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BRAZIL WILL RESUME DEBT SWAP AUCTIONS
James Bruce |
Brazil's public debt conversion auctions will be resumed next month, although at a slower pace and a
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year1/25 1/24 Ch
PHILIPPINES TO TAKE NEW OFFERS ON MINE
P.T. BANGSBERG Journal of Commerce Staff |
The Philippine government said it will accept new offers for one of the world's largest and most mod
COMMODITY BRIEFS
Wire and Staff Reports |
SOVIET GRAIN PACT LIMIT RAISED BY USDAThe U.S. Department of Agriculture said it had increas
MEXICAN TAX SLASHES US FEEDER CATTLE IMPORTS
Todd Miller |
The flow of Mexican feeder cattle through U.S. entry ports is running about half of previous years,
US TRADE GROUP OFFERS TO BUY 'BUGGED' EMBASSY
Rose A. Horowitz |
Dwayne Andreas, chairman of Archer Daniels Midland Co., has proposed buying the "bugged" U.S. embass
Maritime
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
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US-EC FARM PACT EXPECTED BY APRIL
Richard Lawrence |
The United States and the 12-nation European Community will reach an accord by early April on the ou
OXY PETROLEUM WON'T MOVE DOWNSTREAM
Sam Glasser |
Occidental Petroleum Corp., perhaps the only major U.S. oil company not to have a position in refini
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