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JOBLESS CLAIMS SHOW AN INCREASE
Knight-Ridder Financial |
New claims for state unemployment insurance benefits were made by 307,000 people during the week end
ASIA LOSING BIRTH-CONTROL BATTLE
Michael Browning |
As Asia's population creeps toward three billion and couples rush to have babies in the lucky Year o
SOUTH KOREAN TRADE SURPLUS WITH THE US SHRINKS 13 PERCENT
(Ap) |
South Korea's trade surplus with the United States between January and May shrank by about 13.4 perc
Maritime
COMMODITY BRIEFS
Wire and Staff Reports |
SUBSIDY PROGRAM NOT HIT BY DROUGHTST. LOUIS - U.S. Trade Representative Clayton Yeutter said
COFFEE DATA SHOWS 2-TIER MART
knight-Ridder Financial |
International Coffee Organization producer members sold 16.9 percent, or 6.6 million 60-kilogram bag
COMPANIES IGNORE NEW HAZARDOUS WASTE LAWS
John Maggs |
Thousands of small and large factories will start breaking hazardous waste laws today, risking fines
INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/30 6/29 Chan
LDC DEBT PRICE MODEL PICKS PROFITABLE SWAPS
Gordon Platt |
Salomon Brothers Inc. has developed an econometric pricing model to help banks make big profits by s
WORLD MONEY FRONT DOLLAR TURNS MIXED AFTER VOLATILE MOVES
Knight-Ridder Financial |
The U.S. dollar turned mixed Thursday as traders pulled back from active, volatile morning trading i
BUNDESBANK RAISES DISCOUNT RATE TO 3 PERCENT
Knight-Ridder Financial |
The Bundesbank, the West German central bank, raised its discount rate to 3 percent from 2.5 percent
PHILIPPINES TO SEEK EASIER TERMS ON DEBT
Knight-Ridder Financial |
The Philippines has asked the coordinating committee of its creditor banks to meet July 12 to discus
APL STARTS OPERATING LANDBRIDGE TO EUROPE
Mark Magnier |
American President Lines has started operating a new landbridge cargo service linking Asia with Euro
PEOPLE - FINANCIAL
Wire and Staff Reports |
ECOM CONSULTANTS (New York) - Barbara T. Campbell was named a senior vice president of this interna
FINANCIAL BRIEFS
Wire and Staff Reports |
CUBA'S DEBT INCREASED $671 MILLION LAST YEARMEXICO CITY - Cuba's foreign debt grew by $671.8
TRAVEL TO TAIWAN IS CHALLENGING BUT REWARDING
Christopher Lofting |
As in any gold rush town, prices are high in Taipei, Taiwan. Boom times have come to Taiwan,
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ICC CLEARS AMTRAK'S TRACKAGE PROPOSAL
Howard S. Abramson |
The Interstate Commerce Commission has approved Amtrak's plan to condemn some 50 miles of track in N
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COST OF CREDIT
JOC Staff |
Thu. June 30, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
PEOPLE - OIL/GAS
From Wire and Staff Reports |
TEXACO REFINING & MARKETING INC. (Houston) - Glenn F. Tilton was named president and chief executive
SPOT PRODUCT PRICES
JOC Staff |
June 30, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
LOW WATER SEEN PUSHING PRICE OF COAL HIGHER
Tim Sansbury |
The asking price of U.S. coal sought in the export market is on the rise as a result of drought cond
MEXICO BOOSTS EXPORT EARNINGS WITH NEW CRUDE
WILLIAM A. ORME Jr. |
Mexico is boosting its earnings with a new grade of crude oil that yields more high-value products t
ENERGY BRIEFS
From Wire and Staff Reports |
INDONESIA TO SUBSIDIZE OIL SALE TO JAPANJAKARTA, Indonesia - Indonesia signed an agreement l
NEW JET FULLY COMPUTERIZED
JOC Staff |
The Airbus 320 jetliner, like the one that crashed near Mulhouse, France Sunday, is the first commer
Air Cargo
DAVE HIGDON'S INSIDE TALK ON AVIATION
Dave Higdon |
WHEN IS AN AIRLINER NOT A CARGO PLANE?, an observer recently asked a Federal Aviation Administration
Air Cargo
AIRLINES SEEK ALLIANCES WITH COMMUTER CARRIERS
(Ap) |
AMR Corp., parent of American Airlines, has been snatching commuter airlines in a $150 million spen
Air Cargo
OPPONENTS OF LANDING FEE HIKES AT LOGAN WAIT FOR FEDERAL HEARINGS
TOM McNIFF Jr. |
Opponents were disappointed that the Massachusetts Port Authority was given court approval to hike a
Air Cargo
JAPAN AIR LINES TO BUY 15 MORE BOEING JETS
A.E. Cullison |
Japan Air Lines announced plans Thursday to purchase an additional 15 Boeing 747-400 jumbo jetliners
Air Cargo
AVIATION EARNINGS
JOC Staff |
EARNINGS AND REVENUE SHOW INCREASE AT ILFCBEVERLY HILLS, Calif. - International Lease Financ
Air Cargo
FAA CALLED SLOW ON SAFETY VIOLATION FOLLOW-UPS
(Ap) |
A shortage of staff attorneys is causing the Federal Aviation Administration to have more and more d
Air Cargo
CORRECTION
JOC Staff |
GATX/CL Air, a new aircraft leasing company, eventually will purchase a total of 20 Airbus aircraft.
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
EAST HAMPTON AIRWAYS CONTINUES TO OPERATEThe Federal Aviation Administration has lifted its
Air Cargo
BASF COMPLETES PURCHASE OF POLYSAR'S LATEX UNIT
Journal of Commerce Staff |
BASF AG announced that it has completed the $382.5 million purchase of the Latex division of Polysar
DU PONT PLANS TO BOOST CAPACITY FOR TITANIUM DIOXIDE AT MISS. PLANT
Journal of Commerce Staff |
E.I. Du Pont de Nemours & Co. announced it will add capacity at its De Lisle, Miss., manufacturing f
FREIGHT RATE FUTURES
JOC Staff |
June 30, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
DART LEAVING BALTIMORE PORT
JOHN H. GORMLEY Jr. |
Dart Containerline will make Norfolk its load center in the mid-Atlantic and will cease making direc
Maritime
TRUCKERS READY TO BACK SHIPPERS' REFORM PLAN
Leo Abruzzese |
Some trucking companies appeared ready to drop their conditions for supporting a shippers' rate refo
Trucking News
BALTIC FREIGHT INDEX
JOC Staff |
1208.5 (June 30, 1988) Previous day - 1224.0 The Baltic International Freight Futures Exchan
Maritime
HIGH COURT TO HEAR CASES ON LABOR RIGHTS IN RAIL SALES
Journal of Commerce Staff |
The Supreme Court Thursday invited the federal government to file briefs on whether it should review
Rail News
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