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REPORTER'S NOTEBOOK PORTS URGED TO AID WAR ON DRUG SMUGGLING
Craig Dunlap |
ST. THOMAS, V.I. - Despite the enticing lure of the weather, the beaches, the shopping bargains, the
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1209 (Aug. 15, 1988) Previous day - 1195 The Baltic International Freight Futures Exchange i
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
UP CORP. COMPLETES PURCHASE OF RAILROADNEW YORK - Union Pacific Corp. said it completed the
Rail News
SUN SELLS JONES, PUTS ST. JOHNSBURY ON BLOCK
Leo Abruzzese |
Sun Carriers Inc. announced the sale of Jones Truck Lines Inc. and said it is seeking a buyer for St
Trucking News
GEARBOX FAILURES PROMPT RECALLS
John Davies |
The Ross Gear Division of TRW Inc. hopes to have a plan by Wednesday to fix a problem that has idled
Trucking News
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
MATT SCOCOZZA'S SOFT SPOT for people may best be described in a line acknowledged by Jeff Shane, dep
Rail News
JULY NO HOLIDAY FOR TRUCK BUYERS
Journal of Commerce Special |
While some heavy truck plants were closing down for summer vacation, buyers kept the market hopping
Trucking News
PEOPLE - TRANSPORT
From Wire and Staff Reports |
DE LEUW, CATHER & CO. (Washington, D.C.) - Gary E. Griggs was named vice president and manager, busi
Rail News
DRUG TESTING RULES FOR TRUCKERS READIED
Marie Prat |
Transportation Secretary James H. Burnley said trucker drug testing rules will come out this fall, b
Trucking News
CROWLEY MOVES ATLANTIC OFFICERS
Gloria Joseph |
Crowley Maritime Corp. is moving its Atlantic division headquarters from Teaneck, N.J., to Jacksonvi
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
ANECO CHANGES NAME TO FORUM RE GROUPHAMILTON, Bermuda - Aneco Reinsurance Co. Ltd. Monday an
REAGAN'S VISIT TO NEW ORLEANS REMINDER THAT ERA SOON OVER
John Boyd |
Yes, the Reagan era is ending, but it is not going quietly. After nearly eight years of pres
CLAIMS FRAUD, OVERPAYMENTS SEEN DRAINING NJ AUTO POOL
(Ap) |
At least 150 auto insurance claims filed with the Joint Underwriters Association will be turned over
NY INSURERS WIN APPEAL OVER MALPRACTICE LAWS
Laura Raley Borda |
Medical malpractice insurers won a federal court appeal challenging a New York law that forces them
PEOPLE - INSURANCE
From Wire and Staff Reports |
CIGNA INTERNATIONAL FINANCE INC. (Philadelphia) - Dennis H. Ferro was named senior vice president at
AGENCIES LINK AUTOMATION TO COMPETITION IN SURVEY
Journal of Commerce Staff |
Three out of four independent insurance agencies achieved some level of computerization in 1987, acc
BATUS INC. SUES OREGON OVER FARMERS
(Reuter) |
Batus Inc., a unit of Britain's B.A.T. Industries PLC, said it filed a federal suit in Oregon challe
JAPAN EXPECTED TO LEND UP TO $6 BILLION TO CHINA
P.T. Bangsberg |
A Japanese loan of up to US$6 billion is expected to be offered to China later this month, banking a
BANK OF NY EXTENDS OFFER TO ACQUIRE IRVING
Knight-Ridder Financial |
The Bank of New York Co. Inc. said it has extended its offer to acquire Irving Bank Corp. to Sept. 7
AIDS CONSENT BILL ADVANCES IN NY
Paula L. Green |
Gov. Mario M. Cuomo next month is expected to sign a bill that would require life and health insurer
DEBT SWAP DEMAND WEAK
Steven Marcy |
Except for one or two rumored deals, demand for Brazilian debt paper by potential investors has been
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COST OF CREDIT
JOC Staff |
Mon., Aug. 15, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
PEOPLE - FINANCIAL
From Wire and Staff Reports |
YASUDA TRUST & BANKING CO. LTD. (Tokyo) - Minoru Yamada was named managing director, a new position
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
Wire and Staff Reports |
SALOMON SEES FED TIGHTENING FURTHERFurther tightening by the Federal Reserve in a relatively
WORLD MONEY FRONT DOLLAR DIPS SLIGHTLY IN VERY QUIET TRADING
Knight-Ridder Financial |
The U.S. dollar slipped slightly Monday, but remained broadly higher in quiet trading in advance of
MARKETS & MONEY NEWEST STABILIZERS: FLOATING RATE LOANS
Albert L. Kraus |
The function of the Federal Reserve, someone has said, is to close the bar just as the party is begi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/15 8/12 Chan
COMMODITY BRIEFS
Wire and Staff Reports |
AUSTRALIA FORECASTS RECORD GOLD OUTPUTCANBERRA, Australia - Gold mines in Australia are expe
US ADVISED TO REFORM FOOD POLICIES
(Ap) |
The United States should abandon farm price supports and production controls to capitalize on a grow
COMMODITY PRICE BOOM EXCLUDES COFFEE, COCOA
(Reuter). |
Coffee and cocoa growers, who have not shared in a world boom in commodity prices this year, feel ag
THE ECONOMY SLOWER GROWTH FORECAST FOR US
Journal of Commerce Staff |
The U.S. economy probably will grow more slowly and inflation might worsen, according to the latest
NJ SOLAR ENERGY FIRM SEES LIGHT AT THE END OF THE FINANCIAL TUNNEL
Dan Stets |
A funny thing has happened at Chronar Corp., a small solar company on a country road outside Princet
Maritime
SARA LEE AGREES TO PAY CIVIL PENALTY OF $725,000
Journal of Commerce Staff |
Sara Lee Corp. agreed to pay $725,000 to settle pending charges against the company for alleged viol
Maritime
PEOPLE - TRADE
Wire and Staff Reports |
THE AMERICAN-ISRAEL CHAMBER OF COMMERCE AND INDUSTRY INC. (New York) - Emmanuel Gantz, a veteran bus
Maritime
MACHINE TOOL MANUFACTURERS TEAMING UP FOR EXPORT EFFORT
Journal of Commerce Staff |
Machine tool manufacturers in Michigan are joining forces to compete with foreign companies for expo
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
IRAQ ABOLISHES ITS TOURISM AGENCYBAGHDAD, Iraq - The government Monday abolished the State T
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
TAIPEI IMPORT FAIR WILL OPEN ON AUG. 26The first Taipei Import Fair will open at Sungshan Ai
Maritime
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