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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
BURNLEY COMMENDS BARGEMEN
Journal of Commerce Staff |
Transportation secretary James Burnley singled out the tug and barge industry for special praise for
Rail News
CHEMICAL EARNINGS
Wire and Staff Reports |
PROCTER & GAMBLE POSTS RISE IN NETThe Procter & Gamble Co. reported net income for the fourt
INSURANCE BRIEFS
From Wire and Staff Reports |
FARMERS TO CONSIDER BEEFED-UP BATUS OFFERThe board of directors at Farmers Group Inc. has no
HONG KONG MARKET SCANDAL MUSHROOMS
P.T. Bangsberg |
The stock exchange bribery scandal that has already seen its former top two men arrested mushroomed
W. GERMAN RATE MAY RISE SOON
Knight-Ridder Financial |
The Bundesbank may raise the security repurchase rate in an extra tender next week to reduce inflati
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
PEOPLE - COMMODITIES
Wire and Staff Reports |
KIDDER, PEABODY & CO. (New York) - Roy D. Henriksson was named senior vice president and head of fut
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year8/10 8/9 Chan
TRANSPORT CALENDAR
JOC Staff |
Second Joint Conference on Latin American Airports, sponsored by Airport Operators Council Internati
Rail News
LINE ACTS TO BOOST SHARE OF VEGETABLE OIL TRADE
P.T. Bangsberg |
Malaysian International Shipping Corp., or MISC, is raising M$100 million (US$38 million) to finance
Maritime
CANDY MERGERS GIVE US, EUROPEAN FIRMS SWEET SMELL OF SUCCESS
(Ap) |
The battle for America's sweet tooth isn't kids' stuff: Nestle SA spent $4.5 billion to get Kit Kat,
Maritime
CURED UK ECONOMY MAY BE SUFFERING A RELAPSE
(Ap) |
Just a few months ago, Britain's economic disease of rampant inflation, sky- high interest rates and
Maritime
EUROPEAN CONSORTIUM WILL PUSH USE OF EDI
Edwin Unsworth |
Seven major European providers of electronic data interchange services announced plans Wednesday to
WORK ON THE WATERFRONT IS A RISKY BUSINESS
Gloria Joseph |
Containerization is making life on the docks safer. But for a worker, the waterfront is still a dang
ENERGY BRIEFS
From Wire and Staff Reports |
PRICE OF GASOLINE TOO HIGH, GROUP SAYSMajor U.S. oil companies are charging customers excess
CHEMICAL BRIEFS
Wire and Staff Reports |
EXXON TO BUY UNIT FROM ICI FIBRESICI Fibres agreed to sell its Terram geotextiles business t
COMPENSATION ORDERED IN VOLKSWAGEN FRAUD
(Reuter) |
A West German court has ordered the former head of foreign exchange of carmaker Volkswagen AG to pay
PEOPLE - FINANCIAL
Wire and Staff Reports |
BEAR, STEARNS & CO. (New York) - Peter F. Lallos was named associate director and head of the tax-ex
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