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MARITIME BRIEFS
From Wire and Staff Reports |
AMERICAN PRESIDENT RECEIVES NEW BOXSHIPSOAKLAND, Calif. - American President Companies has t
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 4, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1191 (Aug. 4, 1988) Previous day - 1192 The Baltic International Freight Futures Exchange in
Maritime
SHIPPING EXECUTIVES QUESTION WHETHER CONFERENCE CAN SURVIVE
Mark Magnier |
Recent events in the West Coast-Europe trade have left ship line executives wondering what the futur
Maritime
ANALYST UPGRADES NS STOCK
Journal of Commerce Staff |
Norfolk Southern Corp. stock has been upgraded by Salomon Brothers' Stock Research Dept. Michael H.
Rail News
TRAFFIC BRIEFS
From Wire and Staff Reports |
BN GETS IRS NOD FOR TAX-FREE SPINOFFSEATTLE - The Internal Revenue Service has ruled that Bu
Rail News
MANAGING TRAFFIC
Greg Johnson |
The decision by Sears, Roebuck and Co. to sell appliances made by other companies will mean more buc
Trucking News
SAN FRANCISCO OPTIMISTIC ON IMPROVING RAIL SERVICE
Josh Goldstein |
The Port of San Francisco remains confident about improving its rail connection, a port official sai
Rail News
PROMINENT WAREHOUSE FIGURE BURIED IN SANDY SPRINGS, GA.
Journal of Commerce Staff |
Kirk Dornbush, chairman and chief executive officer of Southeastern Bonded Warehouses Inc. in Atlant
Trucking News
SIMON SAYS
Howard Simon |
EQUATING BLACK GOLD with the yellow stuff is taking on a new meaning as the on again, off again merg
ICC LIKELY TO OK RAIL EXTENSION
Howard S. Abramson |
The Interstate Commerce Commission is expected to approve only a 10-day extension of the Delaware Ot
Rail News
MASSCENTRAL WOOS OCEAN CARRIERS
Gregory S. Johnson |
Massachusetts Central Railroad is hoping to induce ocean carriers to hop on its weekly Boston-Chicag
Rail News
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 23 total piggyback freight hauled on the nation's major railroads equaled 11
Rail News
MAERSK STARTS OAKLAND-GULF RAIL RUN
Journal of Commerce Staff |
Maersk Line has started a new dedicated rail service from the Port of Oakland to the U.S. Gulf for i
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/4 8/3 Chan
COMMODITY BRIEFS
Wire and Staff Reports |
DROUGHTS COULD CAUSE HUGE GRAIN STOCK LOSSThe world grain crop this year could come in 76 mi
VENTURE TO PRODUCE BEEF FOR JAPAN
Knight-Ridder Financial |
An Australian beef producer has formed a joint venture with a Japanese mixed- feed manufacturer unde
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
'EXIT BONDS' MAY HAVE EDGE ON SWAPS
Gordon Platt |
Swapping Latin American loans for equity investments isn't likely to help a bank increase the value
WORLD MONEY FRONT
Knight-Ridder Financial |
Dollar Moves Higher Ahead of Job ReportThe U.S. dollar rose Thursday while participants awai
HEAVILY INDEBTED IRAQ MAY SEEK CREDIT LINES
(Reuter) |
Eight years of war have turned Iraq into one of the Third World's most heavily indebted nations, but
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 |
EMPIRE OF AMERICA FEDERAL SAVINGS BANK (Buffalo, N.Y.) - Daniel E. Staub was named a first senior vi
FINANCIAL BRIEFS
Wire and Staff Reports |
UK TO ISSUE T-BILLS DENOMINATED IN ECUSBRUSSELS, Belgium - The European Community Commission
COST OF CREDIT
JOC Staff |
Thu., Aug. 4, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
CHINA'S BANKERS URGE HIGHER INTEREST RATES
(Reuter) |
Top Chinese bankers have called for higher interest rates to stop flagrant waste of capital and a dr
RISK MANAGERS STRESS NEED FOR MCCARRAN ACT
Leah R. Young |
Corporate risk managers are urging Congress not to repeal insurance antitrust exemptions saying that
ARGENTINA DEVALUES, FREEZES SOME PRICES
(Ap) |
A price freeze on consumer goods and a currency devalued 11.4 percent against the dollar went into e
INSURANCE EARNINGS
From Wire and Staff Reports |
MUNICH RE POSTS DROP IN '87 PREMIUM INCOMEMUNICH, West Germany - Munich Re, the world's larg
BUSINESS MEETING MANIA SWEEPS HOTEL INDUSTRY
Christopher Lofting |
Have you noticed lately that just about every hotel, from the mega-resorts to those charming little
AQUINO PLANS TO VISIT BRUNEI
(Reuter) |
Philippine President Corazon Aquino will make a two-day state visit to Brunei on Aug. 23-24, foreign
TRADE BILL ROUNDUP
Keith Rockwell |
The trade bill now forwarded to President Reagan represents the most comprehensive change in U.S. tr
ABOUT 41,000 VOLKSWAGENS TO BE RECALLED IN JAPAN
(Ap) |
Yanase and Co., a Japanese dealer of West German-made Volkswagen automobiles, said it will recall 41
US EXPECTED TO GET AGGRESSIVE ON TRADE
Richard Lawrence |
The trade bill President Reagan is about to sign into law virtually assures a more aggressive U.S. t
SPIEGEL TO SHRINK KOREAN SWEATER IMPORTS
Gary Aderman |
Mail-order retailer Spiegel Inc. plans to import fewer sweaters and sweat shirts from South Korea wh
NON-FARM PRODUCTIVITY DOWN 1.7 PERCENT IN QUARTER
From Wire and Staff Reports |
The productivity of U.S. non-farm businesses fell at a seasonally adjusted annual rate of 1.7 percen
JULY RETAIL SALES LAG AS HOT SHOPPERS DRAG
From Wire and Staff Reports |
Consumer spending resumed its sluggish pace in July following a blip upward the previous month, the
BRAZIL EXPORT ZONES STIR HOPE, FEAR
James Bruce |
Brazilian President Jose Sarney's proposal to emulate Asia's booming new economies by establishing e
SENATE CONFIRMS LAWARE FOR SEAT ON FED'S BOARD
John Boyd |
The Senate voted 90-3 Thursday to confirm John P. LaWare, a Boston banker and self-styled pragmatist
NEW JOBLESS CLAIMS SHOW 53,000 INCREASE
Wire and Staff Reports |
New claims for state unemployment insurance benefits were made by 371,000 people during the week end
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