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FREIGHT RATE FUTURES
JOC Staff |
June 24, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1242.0 (June 24, 1988) Previous day - 1242.0 The Baltic International Freight Futures Exchan
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EXCITEMENT RETURNS TO CURRENCY TRADING
Kevin Commins |
After six months of dull trading, the foreign exchange market suddenly has become exciting again.
PEOPLE - FINANCIAL
Wire and Staff Reports |
FLEET NATIONAL BANK (Providence, R.I.) - Michael F. Warburg was named a vice president in the classi
BEVERAGE RETAILERS GETS VT. LICENSE
Journal of Commerce Staff |
Beverage Retailers Insurance Co. has been licensed in Vermont to offer liquor liability coverage wit
INSURANCE BRIEFS
From Wire and Staff Reports |
SUIT SEEKS DAMAGES IN PINE TOP INSOLVENCYIllinois Insurance Director John E. Washburn filed
FINANCIAL BRIEFS
Wire and Staff Reports |
PHILIPPINES MAY SEEK EASIER TERMS ON DEBTMANILA, Philippines - Finance Secretary Vicente Jay
COST OF CREDIT
JOC Staff |
Fri. June 24, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
EC URGED TO CREATE A COMMON CURRENCY
(Reuter) |
European Commission Vice President Lord Cockfield said the European Community must move toward a com
TOBACCO SECTOR'S NEXT TRIBULATION MAY COME FROM ASBESTOS MAKERS
(Ap) |
The landmark Cipollone smoker-death case may herald a new type of liability assault on the tobacco i
HIGH INTEREST RATES LIFT CANADIAN DOLLAR
Journal of Commerce Staff |
The Canadian dollar has been one of the few currencies to appreciate against the U.S. dollar during
INDUSTRY LEADER IS OPTIMISTIC ABOUT GATT
William Armbruster |
International markets for U.S. insurance companies should become considerably more open as a result
NO DAMAGES AWARDED IN SMOKING-DEATH TRIAL
(Ap) |
The jury in a case linking the hazards of asbestos and smoking found Friday that American Tobacco Co
DEBT PACT WITH BANKS RETURNS BRAZIL TO FOLD
(Reuter) |
U.S. bankers and Brazilian officials are breathing easier now that the two sides, after months of ar
PRICE INDEX DECLINES AS METAL PRICES DROP
Anita Schrodt |
The Journal of Commerce Industrial Price Index dropped to 101.1 Friday, downfrom 101.5 Thurs
INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Daily Smoothed Ago Ago Year6/24 6/23 Chan
LUMBER OUTPUT, ORDERS DECLINE
(Ap) |
Lumber production and orders fell but shipments increased in 12 Western states last week, a trade as
JAPANESE WILL LAUNCH SUPERCONDUCTIVE SHIP
A.E. Cullison |
An effort to design the world's first seagoing vessel driven by superconductivi ty has begun in Japa
AT 125, FIREMAN'S POLICIES RUN GAMUT
Mark Magnier |
The 300-year-old Lloyd's of London is famous for insuring the limbs of Betty Grable, the nose of Jim
UK SHIP SERVICES FIRM LOOKS TO THE US
Janet Porter |
Inchcape Shipping Services, which considers itself the world's biggest supplier of shipping support
FOR ONCE, NO CLOUDS SEEN OVER EC SUMMIT
Bruce Barnard |
Like the frog that became a prince, the European Community has undergone a fairy-tale transformation
POWER SHORTAGES TO GROW UNTIL '91
John Maggs |
Dwindling electricity supplies have already caused shortages in many areas of the country this summe
RAILS REJECT COMPROMISE ON STAGGERS ACT CHANGES
Howard S. Abramson |
The railroad industry has rejected an attempt to craft compromise legislation to revise the Staggers
D&H LINE OPERATOR MAY LOSE A SUPPORTER
Journal of Commerce Staff |
CSX Rail Transport has threatened to withdraw its support from the New York, Susquehanna & Western R
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
SENATE DELAYS POSTAL CONTRACT
Knight-Ridder Newspapers |
The Senate has put the brakes on what one member called A very, very sweet deal giving H. Ross Perot
Air Cargo
2 UTILITIES SET DEMAND RECORDS
Journal of Commerce Staff |
Detroit Edison Co. on Wednesday, for the sixth time this month, reported record peak electricity dem
NJ POWER SUPPLIES FOCUS OF MEETING
(Ap) |
With power supplies already pushed to the limit this summer by this week's heat wave, New Jersey's f
CONTINENTAL AIRLINES UNVEILS NEW CARGO FACILITY IN NEWARK
Journal of Commerce Staff |
Continental Airlines' refurbished cargo facility at Newark International Airport's Terminal C is a m
Air Cargo
DROUGHT TAKES TOLL ON UTILITIES
(Reuter) |
The drought in the Midwestern United States is taking its toll on electric utilities because of the
SATELLITES MAY PLAY PART IN AIR TRAFFIC CONTROL
Dave Higdon |
The Federal Aviation Administration plans tests this summer of a new concept in air traffic control
Air Cargo
COAL EXPORTS DROUGHT COULD BOOST BUSINESS FOR RAILROADS
Tim Sansbury |
Railroads serving East Coast seaport terminals reported a sharp rise in inquiries from coal exporter
CREWS DREDGE MISSISSIPPI RIVER AROUND THE CLOCK
(Ap) |
Crews dredged the drought-shrunken Mississippi River around the clock today to free hundreds of back
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended June 11 total piggyback freight hauled on the nation's major railroads equaled 11
Rail News
BERLIN AIRLIFT COMMEMORATED
(Ap) |
A vintage U.S. Transport plane left Frankfurt for West Berlin Thursday to mark the 40th anniversary
Air Cargo
AVIATION BRIEFS
From Wire and Staff Reports |
BILL WOULD TIGHTEN SECURITY AT AIRPORTSSecretary of Transportation Jim Burnley has sent to C
Air Cargo
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
COAL BRIEFS
From Wire and Staff Reports |
EXPORT PRICE OF COAL ROSE DURING FEBRUARYThe average price of coal exported from the United
IBM COMPUTERS MAY HAVE STRONG IMPACT ON TRANSPORT
Tony Seideman |
International Business Machines Corp.'s new mini-computers may have to make a maximum effort to push
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