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SPECIAL REPORT: THE WORLD PREPARES FOR EUROPE - 1992 MANY US FIRMS UNAWARE OF EC MOVE TO ONE MARKET
Cristina Lee |
U.S. companies are giving much less thought to the likely effects of the European Community's single
RIVER TIE-UPS CAUSE SHIFT OF GRAIN TO LAKES
Kevin Commins |
Grain is beginning to move out of Great Lakes ports in the wake of tie-ups on the Mississippi River
INSURERS, BANKERS ALIKE FORECAST REGULATORY VICTORY
Leah R. Young |
Both insurers and bankers claim to have the votes to win their versions of bank insurance powers whe
CNW HITS CREW-SIZE PROPOSAL FOR RAIL
Howard S. Abramson |
A presidential investigating panel has recommended a compromise in the dispute over the size of trai
TRADE DATA PORTRAY EXPORTS AS DRAG ON SOVIET ECONOMY
(Reuter) |
A set of disappointing trade figures has highlighted the Soviet Union's persistent problems with its
DROUGHT COULD CUT DAIRY EARNINGS BY 70 PERCENT
(Ap) |
If drought keeps driving feed costs up and cow prices down, dairy farmers may see earnings reduced b
TAIWAN, W. GERMANY POST STRONG GAINS IN TRADE SURPLUSES
Staff and Wire Reports |
Taiwan and West Germany, two of the top U.S. trading partners, have been selling more goods overseas
JAPAN'S ECONOMIC BOOM EXPECTED TO CONTINUE AT A 5 PERCENT GROWTH CLIP
A.E. Cullison |
Most government- and private-level Japanese analysts predicted this week that the expansionary trend
INSURERS, AGENTS FACE OFF OVER MARKET
Kim Anderson |
The opening salvos have been fired in a battle between insurers and agents over the softening insura
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year7/5 7/1 Chan
RAIN FORECAST DAMPENS GRAIN, SOYBEAN MARKET
Howard Simon |
Forecasts for rain in the next six to 10 days for the drought-ravaged Farm Belt cooled the 1988 bul
COMMODITY BRIEFS
Wire and Staff Reports |
PALM OIL PRODUCTION PREDICTED TO INCREASEKUALA LUMPUR, Malaysia - Global palm oil production
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
DOLLAR TRADES MIXED
Knight-Ridder Financial |
The U.S. dollar was mixed Tuesday in slow, directionless trading. The greenback rose slightl
KENYANS LINE UP TO BUY SHARES UNDER PRIVATIZATION PROGRAM
(Ap) |
Christine Nduku may know little about brokers and the stock market. But she has invested $235 of her
MARKETS & MONEY PERESTROIKA LEGACY OF GEN. MACARTHUR
Albert L. Kraus |
The extraordinary events of last week in Moscow - the flowering of glasnost and perestroika - owe th
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PEOPLE - FINANCIAL
From Wire and Staff Reports |
FEDERAL RESERVE BANK OF NEW YORK (New York) - James Oltman was named first vice president and chief
FINANCIAL BRIEFS
Wire and Staff Reports |
UK ANALYSTS EXPECT STILL HIGHER RATESAnalysts and dealers said U.K. interest rates likely wi
COST OF CREDIT
JOC Staff |
Tues., July 5, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
US MAY SOON RESUME BRAZIL TRADE FINANCING
Richard Lawrence |
The U.S. Export-Import Bank may soon resume financing on U.S. exports to Brazil. The key is
COMPROMISE IN WORKS ON BANK CAPITAL RULES
Knight-Ridder Financial |
The Bank for International Settlements is likely to reach a compromise on the difficult issue of set
LONDON MARKET IS TAKING TOBACCO VERDICT IN STRIDE
William Armbruster |
The London insurance market has reacted calmly to the $400,000 verdict last month in a landmark toba
MASS. AUTO REFORM BILL IS EXPECTED BEFORE JULY 15
Journal of Commerce Special |
A Massachusetts automobile insurance reform bill that virtually all parties agree is needed is likel
INTERNATIONAL BRIEFS
Wire and Staff Reports |
CANADA ASKS JAPAN FOR LOWER TARIFFSCanada wants Japan to lower tariffs on its timber, boost
Maritime
COAL MARKETS THREE NY TRADERS WIN PACTS TO SUPPLY DENMARK'S ELKRAFT
Tim Sansbury |
Elkraft, one of Denmark's two largest utility groups, concluded its first purchases of U.S. steam co
UNITED ILLUMINATING POSTS RISE IN SALES
Journal of Commerce Staff |
United Illuminating Co. of New Haven, Conn., said electricity sales were up 3 percent in the first f
SPOT PRODUCT PRICES
JOC Staff |
July 1, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
LA SMOG PLAN PUSHES ALTERNATIVE FUELS
(Ap) |
A draft smog control plan for the greater Los Angeles area wouldrequire 40 percent of passenger vehi
NORWAY EXPORTS LIKELY TO SHIFT FROM OIL TO GAS
Erich E. Toll |
Norway's natural gas exports are likely to surpass its oil exports during the mid- to late 1990s, as
ENERGY BRIEFS
From Wire and Staff Reports |
NYPA SWITCHES ON THE MARCY-SOUTH LINEWith the flick of a switch and the press of a button, t
ST. JOHNSBURY DOUBLES PROFIT
Leo Abruzzese |
Reduced pricing pressures helped St. Johnsbury Trucking Co. double its first- quarter net profit, ac
Trucking News
COAL MARKETS UK BANKERS WARNED ON IMPORTS BY BRUCE BARNARD
Journal of Commerce Staff |
State-owned British Coal warned U.K. merchant bankers not to grow too reliant on imported coal after
SOUTHERN CO.'S SALES TO INDUSTRY RISE
Journal of Commerce Staff |
Southern Co. said that kilowatt-hour sales to industrial customers rose 6.8 percent during the first
ENERGY BRIEFS
From Wire and Staff Reports |
UNRATIONED GASOLINE GOES ON SALE IN POLANDWARSAW, Poland - Gasoline stations across Poland F
PUERTO RICO CARRIER INKS BALTIMORE PACT
WILLIAM DiBENEDETTO |
The Puerto Rico Maritime Shipping Authority is committed to ship at least 550,000 tons of cargo over
Maritime
DANGEROUS CHEMICALS LEAK FROM SUNKEN TANKER WRECK
(Ap) |
Salvage crews scrambled to the rescue late last week when dangerous chemicals began to leak from the
Maritime
US CRUDE HITS '88 LOW AS WORLD INVENTORIES SWELL
Staff and Wire Report |
Oil prices relinquished more than 20 cents a barrel Friday with U.S. crude slipping below $15, its l
MARITIME BRIEFS
From Wire and Staff Reports |
BELMONT BUYS TANKERS FROM GOVERNMENTBelmont VLCC of Boston bought three big 264,000-deadweig
Maritime
BARRY PARKER - FREIGHT FUTURES
Barry Parker |
Futures traders remain optimistic about a hoped-for rise in freight rates later this year, in spite
Maritime
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