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WORLD MONEY FRONT INTERVENTION SLOWS, DOESN'T HALT DOLLAR
Knight-Ridder Financial |
The U.S. dollar pushed broadly higher Wednesday, far above the levels at which both the Federal Rese
NEWS OF MEETING WITH BATUS LIFTS FARMERS STOCK
(Reuter) |
Farmers Group Inc.'s stock rose sharply Wednesday over optimism that its agreement to meet with Batu
BARCLAYS SEES 5.8 PERCENT UK INFLATION RATE
Knight-Ridder Financial |
Barclays Bank PLC has forecast inflation in the United Kingdom will stand at 5.8 percent at the end
TRANSPORTATION SYSTEM HURTS ALASKAN MINING
John Davies |
When a company with mines all over the world began exploring the idea of developing a major mine in
IMPORT RISE TROUBLES US STEEL PRODUCERS
Journal of Commerce Staff |
Rising steel imports are again raising concern among domestic steel producers. Imports in Ju
Maritime
KOMATSU AND DRESSER FINANCE PLAN JOINT VENTURE IN THE US
Cristina Lee |
It's a marriage of convenience and one made on the production line, analysts said Wednesday, after J
Maritime
YEUTTER SEES BUSH BACKING CARIBBEAN TRADE BILL
Knight-Ridder Financial |
U.S. Trade Representative Clayton Yeutter said a bill to expand and extend the Caribbean Basin Initi
LNG BOOM REVIVES GAS SHIPPING MARKET
Bruce Barnard |
Gastor and its twin sister Nestor, probably the world's loneliest ships, have finally been adopted a
OLYMPICS TRANSPORT OFFICIALS GEAR UP
Journal of Commerce Staff Josh Goldstein |
The month before the Olympics looks like it will be Frank Aires' busiest in 16 years. Mr. Ai
CHEMICAL EARNINGS
From Wire and Staff Reports |
BASF POSTS INCREASE IN PRETAX PROFITFRANKFURT, West Germany - BASF AG, the West German chemi
TRACKING DATA AT LIZ CLAIBORNE A FULL-TIME JOB
Torrey Byles |
Pity the transportation companies that serve Liz Claiborne Inc., the New York- based high-end appare
BANNED UNION IS FOCAL POINT OF POLISH STRIKE
(Reuter) |
Four hundred coal miners went on strike in southern Poland Wednesday in support of about 4,000 miner
PEOPLE - OIL/GAS
From Wire and Staff Reports |
INSTITUTE OF GAS TECHNOLOGY (Chicago) - Fred H. Zerkel was promoted to vice president, Washington op
VARIG'S CARGO: PLANES IN PLANES
Journal of Commerce Staff |
Varig Brazilian Airlines has begun an unusual cargo job: flying planes in planes from Italy to Brazi
Air Cargo
AUSTRALIAN PORTS COZY UP TO IDEA OF AN EDI STANDARD
Vincent W. Stove |
The land down under is about to start using electronic data interchange. A committee has bee
BALTIC FREIGHT INDEX
JOC Staff |
1215 (Aug. 17, 1988) Previous day - 1211 The Baltic International Freight Futures Exchange i
Maritime
HOUSE TO VOTE ON RAIL DRUG, ALCOHOL TESTING
Howard S. Abramson |
The House is scheduled to vote on a bill to mandate drug and alcohol testing for railroad workers ne
Rail News
ARMSTRONG WORLD ACQUIRING OLEAN
(Ap) |
Armstrong World Industries Inc. has agreed to acquire American Olean Tile Co. for about $330 million
WHEAT FUTURES PRICES MAY CUT EFFECTIVENESS OF SET-ASIDE PROGRAM
Michelle Mahoney |
Total U.S. wheat acreage for the 1989 crop should increase roughly 14 percentfrom a year ago
QUAYLE GETS MIXED REVIEWS FOR MARITIME, AVIATION RECORD
Journal of Commerce Staff (Robert Morison, Leah Young and Dave |
Republican vice presidential nominee Dan Quayle draws mixed reviews from the maritime and aviation i
LABOR FEELS CHOICE OF QUAYLE MAY BE COSTLY FOR REPUBLICANS
Keith M. Rockwell |
While conservatives were hailing the choice of Sen. Dan Quayle, R-Ind., as Vice President Bush's run
MARITIME BRIEFS
From Wire and Staff Reports |
TWO BOXSHIPS JOIN MARAGUA LINE FLEETCARACAS, Venezuela - Maritima Aragua (Maragua Line) is a
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Staten Island, N.Y.) - Robert Jacobson was named district manager, Minne
Maritime
AIR PRODUCTS UNIT TO BUILD PLANT
Journal of Commerce Staff |
Air Products & Chemicals Inc. announced that its United Kingdom unit, Air Products PLC, is building
ELECTRONICS BRIEFS
From Wire and Staff Reports |
GE HAS PACT TO SELL CHIP-MAKING DIVISIONGeneral Electric Co. has agreed to sell its $550 mil
COOS BAY PORT MANAGER TO HEAD IND. AGENCY
Mark Magnier |
Frank G. Martin Jr., general manager of the Port of Coos Bay, Oregon, said heplans to leave
Maritime
FARMERS APPEALS OHIO NOD OF BATUS' HOSTILE TAKEOVER
Laura Raley Borda |
Farmers Group Inc. Monday asked an Ohio court to overturn an Aug. 5 decision approving Batus Inc.'s
AIDS' US TOLL: 13,000 LIVES
(Ap) |
AIDS claimed about 13,000 American lives last year, a toll that would have ranked it 15th among all
TAIWAN GOLD IMPORTS SOAR SO FAR IN '88
Knight-Ridder Financial |
Taiwan's gold imports soared to 265 tons in the first seven months of this year, compared with 82.8
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DROUGHT HITS MEXICO MORE IN POCKETBOOK THAN ON THE FARM
Peter Katel |
The drought that has parched the U.S. farm belt wasn't especially severe in Mexico, but it did help
COAL MARKETS ONTARIO HYDRO WEIGHS COAL USE, OUTPUT OPTIONS
Tim Sansbury |
Ontario Hydro's intent to avoid at all costs exceeding Canadian sulfur and nitrogen emissions limits
US FLAVORS, FRAGRANCES MARKET EXPECTED TO BLOSSOM THROUGH '92
Journal of Commerce Staff |
The U.S. market for flavors and fragrances is forecast to reach $2.8 billion by 1992, representing a
US GROUP TO HELP OVERSEE WORLD MESSAGE DEVELOPMENT
Tony Seideman |
Global standards for electronic data interchange have received yet another boost from a U.S. body.
NC PORT CHIEF PUTS MARKETING AS NO. 1 FOCUS
Craig Dunlap |
The new executive director of the North Carolina State Ports Authority lists an intensified marketin
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 16, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
'86 TAX REFORM ACT WILL OPEN ELIGIBILITY FOR PENSION BENEFITS
Carol Kleiman |
The Tax Reform Act of 1986 made important pension changes for the nation's working women. An
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
GOP LEADERS EYE LATEST DATA AS ECONOMIC PACE STILL SIMMERS
JOHN BOYD (Keith Rockwell and Marie Prat contributed to |
Republican officials here this week are wiping their brows over one of their main issues, as governm
MAJOR INSURER ALLEGES THAT A FORMER OFFICER STOLE COMPANY FUNDS
Russ Banham |
American International Group, the United States' largest international insurer, is accusing a former
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