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WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended Oct. 8, total piggyback freight hauled on the nation's major railroads equaled 12
Rail News
ARGENTINA PLANS TO INVITE PRIVATE SECTOR RAIL BIDS
Jeremy Morgan |
Government officials intend to invite private sector investors to bid for a majority holding in a pr
Rail News
NANTONG OPENS BERTHS
Journal of Commerce Special |
The Port of Nantong has opened two new freight berths, China's Xinhua news agency reported.
Maritime
BERMUDA STAR LINES REPORTS PROFIT
Journal of Commerce Special |
Bermuda Star Lines Inc. reported net income of $1.9 million, or 43 cents a share, on revenues of $18
Maritime
SHIP OFFICIALS DOUBT E. COAST CAN LURE CARGO
Mark Magnier |
Atlantic and Gulf Coast dockworkers and their employers will have to reduce labor costs by a large a
Maritime
DOLLAR FALLS BELOW KEY LEVEL OF 1.80 VS. THE DEUTSCHE MARK
Knight-Ridder Financial |
The U.S. dollar declined broadly Thursday, falling below the key psychological level of 1.80 deutsch
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
POTATO GETS NEW ALLURE AS US EXPORTS SIZZLE
(Ap) |
The homely potato has turned glamorous as a U.S. export item and is finding new ways of seducing Ame
SEC CHIEF BACKS OFF EARLIER STAND ON FUTURES
Kevin Commins |
Securities and Exchange Commission Chairman David Ruder has softened his stance on assuming jurisdic
PROSECUTORS MAKE ARREST IN JAPAN STOCK SCANDAL
(Ap) |
Prosecutors arrested a former real estate company executive Thursday for allegedly trying to bribe a
SWAP DEALERS PRAISE ACTION BY SENATE
Journal of Commerce Staff |
The International Swap Dealers Association praised action by the Senate to amend the U.S. Bankruptcy
FINANCIAL BRIEFS
From Wire and Staff Reports |
EUROPEAN COMMISSION CLARIFIES BANK RIGHTSBRUSSELS, Belgium - The European Commission, the ex
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 |
MONY SECURITIES CORP. (Atlanta) - Norman R. Malo was named president of this broker/dealer subsidiar
COST OF CREDIT
JOC Staff |
Thu., Oct. 20, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
BUNDESBANK OFFICIAL URGES MONEY REFORMS
Knight-Ridder Financial |
The European Monetary System needs to be revamped to take account of changing realities and redefin
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
BANK OF AMERICA REPORTS RECORD NET
Mark Magnier |
Bank of America showed further evidence that its darkest days are over with a reported $190 million
HOWARD SIMON - SIMON SAYS
(By) Howard Simon |
IS THE GLASS half full or half empty? Trading of the stock index futures contract on the Chicago Mer
EXCHANGES FIND LINKS ARE NOT FILLING NEED
Kevin Commins |
Exchange-to-exchange links have failed to meet the need for 24-hour trading in the futures industry,
JOURNAL OF COMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year10/20 10/19 Chan
COMMODITY BRIEFS
Wire and Staff Reports |
BIG FRENCH CORN CROP MAY HIT EXPORT MARTSWASHINGTON - A record French corn crop of 12.7 mill
RICE INDUSTRY STANDS ALONE IN JAPAN PETITION
From Wire Reports |
Major U.S. farm organizations have decided not to rally behind a rice industry petition charging Jap
Maritime
WINDMERE TAKES AIM AT SOVIET MARKET
Larry Birger |
Windmere Corp., which is profitably doing business with the Chinese, is now taking aim at the Soviet
Maritime
SOVIET TRADE DELEGATION SIGNS CONTRACTS WITH BRITISH FIRMS
Edwin Unsworth |
The Soviet Union has taken further steps to modernize its industrial infrastructure with agreement i
Maritime
LAOS MAY LEAD INDOCHINA BOOM
Gary Aderman |
Another of Southeast Asia's communist governments is moving to open up to foreign investment, a West
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
EC COMMISSION OKS STEELMAKER'S PLANBRUSSELS, Belgium -The European Community Commission has
Maritime
RETAILERS TOLD IT'S UP TO THEM TO PUSH FOR SINGLE EC MARKET
(Ap) |
European retailers must step up pressure on the European Community states to forge ahead with plans
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
DATA GENERAL FAILS IN BID TO HALT EXPORTSVALETTA, Malta - Data General Corp. of Massachusett
Maritime
CHINESE ARE FORCED TO IMPORT ALUMINUM
P.T. Bangsberg |
Continued imports of aluminum by China are all but assured as officials report demand steadily outst
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
ALASKANS SEEK SOVIET TRADE TIES
(Ap) |
Eight Alaska business and government officials began a 10-day trade mission Wednesday to the eastern
Maritime
INSIDER TRADING IS HOW THE GAME IS PLAYED IN JAPAN
Ronald E. Yates |
Discreet murmurs of an insider trading scandal touching the highest levels of the Japanese governmen
PHILIPPINES HINTS AT RICE EXPORTS
P.T. Bangsberg |
Only months after receiving concessionary supplies of U.S. rice to ward off drought-threatened short
Maritime
TRADE ZONES CAN BOOST VALUE OF MAQUILADORAS
Bill Mongelluzzo |
While many companies are turning to maquiladora plants in Mexico to save on labor costs, they are fo
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
SLEEK NISSAN CAR WINS JAPANESE DESIGN PRIZENissan Motor Co.'s newest sports car, a sleek two
Maritime
CHEMICAL EARNINGS
From Wire and Staff Reports |
MONSANTO'S NET RISES; SEARLE LOSS EXPECTEDST. LOUIS - Monsanto Co.'s net income rose 13.8 pe
BYRD OFFERS FAINT HOPE ON TAX BILL
Knight-Ridder Financial |
Senate Majority Leader Robert Byrd, D-W.Va., said Thursday he would be willing to extend this year's
CUSTOMS UPDATE
JOC Staff |
VISA REQUIREMENTS FOR HUNGARY FOR CATEGORIES 313 AND 604. Entry will not be permitted for cotton and
Maritime
CHINA WILL USE HONG KONG LAWS IN NEIGHBORING ECONOMIC ZONE
Cristina Lee |
China will systematically introduce the economic laws and regulations of Hong Kong to the Shenzhen S
Maritime
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