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NEWS SUMMARY
JOC Staff |
* Far East Foils US Textile Makers' Strategy 4A * Lumber Exports to Japan Show Signs of Rebo
SENATE VOTES 71-24 TO CONFIRM KAREN PHILLIPS TO SEAT ON THE ICC
Howard Abramson |
The Senate Wednesday confirmed the nomination of Karen B. Phillips to a seat on the Interstate Comm
ILA, STEVEDORES MEET IN ATLANTA TODAY
Journal of Commerce Staff |
South Atlantic International Longshoremen's Association locals will meet with four stevedoring compa
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
AVERAGE GASOLINE PRICE INCREASES 1.69 CENTSSummer gasoline prices jumped again over the past
PRUDENTIAL PROGRAM CUTS COSTS BY LIMITING FREEDOM OF CHOICE
Karen Barber |
Prudential Insurance Co. of America is betting that its health insurance policyholders will trade fr
RESEARCHERS SAY NEW MEDICAL TESTS COULD AFFECT COVER, HIRING PRACTICES
Leah R. Young |
Researchers for Congress are concerned that the development of new tests for diseases will lead heal
TRANSPORT EARNINGS
From Wire and Staff Reports |
WARDAIR REPORTS LOSS IN FIRST HALF OF 1988Wardair Canada Inc. of Mississauga, Ontario, Canad
Air Cargo
JAL SETS PLAN TO RAISE NEW CAPITAL
Journal of Commerce Staff |
Japan Air Lines plans to raise new capital by issuing 7 million shares of stock. This is JAL's first
Air Cargo
INTERNATIONAL BRIEFS
Wire and Staff Reports |
JAPANESE TRADE GROUP PLANS EUROPEAN VISITSJapan will send a trade delegation to West Germany
Maritime
THE ECONOMY
- Knight-Ridder Financial News |
HOUSING COMPLETIONS ROSE BY 2.1 PERCENT IN JUNEU.S. housing completions rose 2.1 percent in
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operatingorganizat
JAPAN LINE FORECASTS PROFITABLE OPERATIONS
Journal of Commerce Staff - A.E. Cullison |
President Naosuke Yasuda of Japan Line Ltd. predicts his company could earn a profit from its remain
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SPOT PRODUCT PRICES
JOC Staff |
August 10, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon
PEOPLE - CHEMICALS PIETRUSKI TO LEAVE KODAK UNIT
Shelina Shariff |
John M. Pietruski will resign as chairman and chief executive officer of Eastman Kodak Co.'s Sterlin
GASOLINE, FUEL OIL STOCKS UP
Journal of Commerce Staff |
Gasoline and distillate primary inventories increased for the week ended Aug. 5, the latest weekly s
INSURANCE INDUSTRY GROWING ALONGSIDE THE CORN IN IOWA
Laura Raley Borda |
Mention Des Moines, Iowa, and most people think of corn and hogs - not a fast- growing insurance cen
COMMODITY BRIEFS
Wire and Staff Reports |
PERUVIAN COPPER STRIKE INTERRUPTS DELIVERIESSouthern Peru Copper Corp. said it had declared
FREIGHT RATE FUTURES
JOC Staff |
Aug. 10, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1191 (Aug. 10, 1988) Previous day - 1190 The Baltic International Freight Futures Exchange i
Maritime
RAIL TRAFFIC ROSE IN JULY, BUT GROWTH RATE SLOWED
Lawrence Kaufman |
Business remained strong for the nation's major railroads in July, although the rate of growth slowe
Rail News
US TEXTILE SECTOR FINDS STRATEGY OF QUICK RESPONSE NOT A CURE-ALL
Rosalind Rachid |
Textile and apparel manufacturers in the Far East are fast cutting away the advantage their U.S. cou
Maritime
PROPOSED SALVAGE CONVENTION DIVIDES MARINE INSURANCE SECTOR
William Armbruster |
The international marine insurance industry is deeply divided over a proposed new marine salvage con
ILLINOIS CENTRAL USES DROUGHT TO PUSH LONG-TERM CONTRACTS
Kevin Commins |
Last spring, long before the drought lowered the waters of the Mississippi River, the Illinois Centr
TURKEY SIGNS AGREEMENT FOR COAL PLANT
(Ap) |
Turkey's energy minister Wednesday signed an agreement with several foreign companies to construct a
OECD COUNCIL ADOPTS MEASURES TO PREVENT CHEMICAL ACCIDENTS
Barbara Casassus |
The Organization for Economic Cooperation & Development, or OECD, has agreed to a series of measures
OAKLAND ANNOUNCES DREDGING QUICK FIX
Mark Magnier |
The Port of Oakland said it has found a short-term solution to its dredging problem at an additional
Maritime
LEGAL MALPRACTICE CASE SETTLED FOR $50 MILLION
Richard Burke |
Blank, Rome, Comisky & McCauley, one of Philadelphia's largest and most prominent law firms, agreed
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 |
BELGIAN NATIONAL BANK RAISING DISCOUNT RATEBRUSSELS, Belgium - The Belgian National Bank Wed
JAPAN INTENT ON KEEPING ITS RICE MARKET CLOSED
A.E. Cullison |
The Japanese government and people will reject any and all future requestsfrom Washington fo
CHAO TO ADDRESS FORWARDERS AT CONFERENCE IN SEPTEMBER
Journal of Commerce Staff |
Federal Maritime Commission Chairman Elaine Chao will be a featured speaker at the National Customs
Maritime
CORRECTIONS
JOC Staff |
A story on Senator Linie that appeared on Page 10B of the Aug. 10 edition of The Journal of Commerce
Maritime
BUSINESS COUNCIL PICKS DIRECTOR
Journal of Commerce Staff |
Kenneth J. Pokalsky was named program manager for environmental and transportation issues at the Bus
Trucking News
ITALIANS MOUNT ATTACK AGAINST LIMP LINGUINI
John Perrotta |
Pasta makers in Italy are readying counterattacks against foreign-made pasta on their own turf, whil
Maritime
BUYING IN CAMEROON
JOC Staff |
Traditional Exports Crude petroleum, cocoa, tobacco, coffee, cotton, bananas, aluminum, rubb
Maritime
GOULD WILL BUILD HONG KONG PLANT
(Reuter) |
Gould Inc. said Wednesday that its equally owned joint venture with Nippon Mining Co. will build a p
INDUSTRIAL OUTPUT GROWS 17 PERCENT IN CHINA
Journal of Commerce Special |
A second wave of major industrial development in 10 years appears to be taking shape in China.
LOWER INFLATION RATE QUESTIONED IN MEXICO
Peter Katel |
Mexico's central bank reported that consumer prices rose 1.7 percent in July compared with 2 percent
OPEC'S LATEST STRATEGY IS OPENNESS, ANALYSTS SAY
David Hawley |
The Organization of Petroleum Exporting Countries is embarking on a new strategy of openness in an a
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