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SPOT PRODUCT PRICES
JOC Staff |
June 14, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
ONCE-BULLISH SEMICONDUCTOR COMPANIES THAT DON'T MAKE CHIPS BESET BY SHORTAGES
Michael Feibus |
A year ago, they were touted as winners - a wise new generation of semiconductor companies that didn
CORRECTION
JOC Staff |
Frank Drozak, president of the Seafarers' International Union and head of the AFL-CIO Maritime Trade
Maritime
BA-UNITED LINKUP MAY BE A TREND-SETTER
Marion Cotter |
The landmark business partnership struck recently between British Airways and United Airlines looks
Air Cargo
AMERICAN EXPRESS BANK SLASHES LDC LOAN HOLDINGS
Journal of Commerce Staff |
American Express Bank reduced its portfolio of loans to less-developed countries by $900 million in
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, 5.98
COMMODITY BRIEFS
From Wire and Staff Reports |
MARKETS STILL VOLATILE, FED CHAIRMAN WARNSWASHINGTON - Federal Reserve Board Chairman Alan G
JAPAN BLAMES US FOR TRADE DEFICIT
Chicago Tribune |
While Congress and U.S. trade officials continue to berate Japan and other Asian nations for the rec
Maritime
ARBITRATOR ORDERS GUILFORD TO REHIRE STRIKERS
Howard S. Abramson |
A federal arbitrator ordered Guilford Transportation Industries Inc. to rehire the almost 1,200 work
INTELLECTUAL PROPERTY RIGHTS PUSHED
Keith M. Rockwell |
A coalition of companies from the United States, Japan and Europe released a report Tuesday urging t
BAKER TO LEAVE WHITE HOUSE
(Ap) |
Howard Baker will resign as White House chief of staff and be replaced by his deputy, Kenneth Dubers
PRODUCT LIABILITY BILL CLOSE TO PANEL APPROVAL
Leah R. Young |
For the first time ever, a House committee has agreed on the terms of a product liability reform bil
TRANSCON, TEAMSTERS AGREE ON NEW CONTRACT
Leo Abruzzese |
Truck drivers and freight handlers at ailing Transcon Lines Inc. approved a landmark labor accord th
TEN STATE ATTORNEYS GENERAL JOIN LAWSUITS AGAINST INSURERS
Leah R. Young |
Ten more state attorneys general Tuesday joined nine colleagues in pursuing antitrust suits against
TENNESSEE GAS TO COUNTER IROQUOIS' PIPELINE PROPOSAL
TOM McNIFF Jr. |
Tennessee Gas Pipeline Co., Houston, will counter a proposal by Iroquois Gas Transmission System, Sh
ENERGY BRIEFS
From Wire and Staff Reports |
POLICY ACT AMENDMENTS WOULD CUT GAS COSTSThe House passed ammendments to the Natural Gas Pol
AS NEW OWNER, PAINEWEBBER PLANS TO EXPAND BRANIFF INC.
Journal of Commerce Staff |
Braniff Inc.'s new owner says it will expand the airline. At the same time, however, PaineWe
Air Cargo
BRADY FILLS OAKLAND PORT POST
Mark Magnier |
Oakland's latest port commissioner joins the oversight body in the middle of one of the biggest muds
Maritime
MIDLAND TO TRADE CURRENCY IN US
Knight-Ridder Financial |
The Federal Reserve Board approved the application of Midland Bank of London to buy and sell in the
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
CHINA REPORT FORECASTS MORE OUTPUT, INFLATIONChina's industrial output will grow by 16.3 per
Maritime
AIDS TESTING MODEL LAW IS WEIGHED
Journal of Commerce Staff |
Insurance policy applicants would have to know and agree to be tested for AIDS if a model law is app
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
WAH KWONG POSTS PROFIT FOR YEAR
P.T. Bangsberg |
Wah Kwong Shipping Group Ltd., emerging from a wrenching reorganization a year ago, reported a conso
Maritime
INDEX SLIPS SLIGHTLY
Journal of Commerce Staff |
The Journal of Commerce Industrial Price Index slipped slightly, dropping to 101.4 from its high of
TRADE FAIRS
Wire and Staff Reports |
Art 1988. The International Art Fair in mid-June with show. June 15-20. Basel, Switzerland. This is
Maritime
JAPAN INTENDS TO DOUBLE AID TO POOR COUNTRIES BY 1992
A.E. Cullison |
The Japanese government plans to double its development aid to poor nations to more than $50 billion
WEST EUROPE SHOWS TRUER COMMUNITY SPIRIT
(Ap) |
In Luxembourg, cars carry the first European license plates, featuring a replica of a blue-and-yello
TASK FORCE DEVELOPING NEW MEDICARE GUIDELINES
Laura Raley Borda |
Insurance regulators must act quickly to develop guidelines for the federal catastrophic health-care
PEOPLE - INSURANCE
From Wire and Staff Reports |
JARDINE EMETT & CHANDLER INC. (San Francisco) - George W. Brown was named president and chief execut
UK PORT RECOVERS, EXPANDS BUSINESS
Edwin Unsworth |
Not long ago, many shipping people here believed the Port ofLiverpool's Royal Seaforth Container Ter
MONSANTO ACHIEVES SUCCESS IN ALTERING SOYBEAN PLANTS
Journal of Commerce Staff |
Monsanto Co. was successful in producing genetically engineered soybean plants using gene transfer t
US FLEET'S DECLINE MINIMIZED
Mark Magnier |
The decline of the U.S. merchant marine is largely a myth, the president of a major U.S. steamship c
Maritime
PUERTO RICAN GOVERNMENT CLAIMS IMMUNITY FROM SUIT
Journal of Commerce Staff |
A private water carrier and a marine terminal told the Federal MaritimeCommission that the g
Maritime
PURCHASING OPTIONS FOR AIRCRAFT BROADENED
Edwin Unsworth |
Traditional government-backed export credit facilities are increasingly being replaced as a means fo
Air Cargo
REAGAN TEAM REJECTS CONGRESS'S YARD PLANS
WILLIAM DiBENEDETTO |
Reagan administration officials put two thumbs down on two recently introduced legislative proposals
Maritime
RAILROADS, BARGES BURY THE HATCHET, FORGE CLOSER TIES
Bruce W. Fraser |
After years of bitter enmity, railroads and barge lines are suddenly reviving old ties and forging c
Rail News
FREIGHT RATE FUTURES
JOC Staff |
June 14, 1988 Baltic International Freight Futures ExchangePrev.Close High
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1279.0 (June 14, 1988) Previous day - 1283.5 The Baltic International Freight Futures Exchan
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
COLOMBIA SEEKS CARRIER TO FLY FLOWERS TO US
Ira Breskin |
The Colombian government is scrambling to find alternate carriers to fly freshcut flowers to
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