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TRADE DEFICIT FOR MARCH REVISED UPWARD
JOC Staff |
The merchandise trade deficit for March was revised upward 22 percent to $11.9 billion under a syste
Maritime
STATE AGENCY POSTPONES MAJOR ALASKAN LEASE SALES
Marita Van Oldenborgh |
Two major Alaskan oil and gas lease sales, scheduled for later this month, have been put off by the
PLASTICS CORNER REICHHOLD OPENS COATINGS PLANT
Journal of Commerce Staff |
Reichhold Chemicals Inc. announced the start-up of a modernized 80-million- poun ds-a-year coating r
US INTERVENTION FELL AS DOLLAR STABILIZED
Gordon Platt |
U.S. intervention in foreign exchange markets to support the dollar fell sharply in the three months
ADMINISTRATION FIGHTS FARM EXEMPTION BILL
Knight-Ridder Financial |
While expressing general opposition to agriculture embargoes as a U.S. foreign-policy tool, Reagan a
Maritime
IMPORT BRIEFS
From Wire and Staff Reports |
FRENCH BRANDY SALES ON THE INCREASE IN USU.S. importers of Armagnac, France's oldest brandy,
Maritime
BANKERS URGE HIKE IN RISK CAPITAL
Knight-Ridder Financial |
The banking system needs to strengthen its level of risk-based capital in order to keep up with fina
SENATE PANEL MEETS UNEXPECTEDLY ON STAGGERS ACT COMPROMISE BILL
Howard S. Abramson |
The Senate Commerce, Science and Transportation Committee unexpectedly scheduled a session to consid
Rail News
TANKER MART IMPROVEMENT REPORTED
Journal of Commerce Staff |
Overseas Shipholding Group Inc., one of the world's largest liquid and drybulk tanker operat
Maritime
COMPUTER GREMLINS INFEST MANY US AIRPORT SYSTEMS
Dallas Morning News |
Glitches in computer equipment and a new program used by air traffic controllers at Dallas-Fort Wort
Air Cargo
CORRECTION
JOC Staff |
In a June 6 story outlining price increases by Hoechst Celanese Corp.'s Chemical group, a Dallas-sou
CHEMICAL MARKETS SODA ASH OUTPUT HITS RECORD HIGH
Journal of Commerce Staff |
Production of natural soda ash in March reached a record high of 842,754 short tons, 10 percent more
NEDLLOYD SETS CALLS TO PERU, CHILE
Rose A. Horowitz |
Nedlloyd Lines decided to start a service between the United States and Peru and Chile largely becau
Maritime
NAVY YET TO TEST BROADER GULF DEFENSE POLICY
(Ap) |
The U.S. Navy has yet to test its expanded policy of defending non-U.S.-flag vessels in the Persian
Maritime
US EXPORTERS FLOCK TO GREEK SHIP EXHIBIT
Bruce Barnard |
After years of inactivity, U.S. companies are pushing hard for export orders in the international ma
ATTORNEYS GENERAL DEFEND ANTITRUST SUIT
LEAH R. YOUNG Journal of Commerce Staff |
The professors and the insurance regulators came down on the side of the insurance industry but the
2 BENDECTIN VERDICTS FAVOR MERRELL DOW
Journal of Commerce Staff |
Juries in two different trials, in two different cities found in favor of Merrell Dow Pharmaceutica
FIRMS FIND HAVEN ON CARIBBEAN ISLES
Tom Fiedler |
It has been more than 200 years since Blackbeard the pirate plundered passing treasure ships, hid th
Maritime
BUYING IN UNITED ARAB EMIRATES
JOC Staff |
Traditional Exports Crude and refined petroleum, rugs, foodstuffs.Potential ExportsT
Maritime
1851 LAW ON SHIP LIABILITY GROWS OUTDATED WITH TIME
Cory A. Birnberg |
As most shipowners know, after a vessel accident, the owner is entitled to limit his liability to th
Maritime
GREG JOHNSON - MANAGING TRAFFIC
Greg Johnson |
A FEW GRAIN SHIPPERS are pleased with the changes Burlington Northern Railroad made to liberalize it
Rail News
UNITED PARCEL SERVICE POSTS 50 PERCENT PROFIT DROP
Leo Abruzzese |
Net earnings for United Parcel Service Inc.'s trucking operations fell more than 50 percent in the f
Trucking News
SAM GLASSER'S INSIDE TALK ON ENERGY
Sam Glasser |
TEXAS PRODUCES more oil than some members of the Organization of Petroleum Exporting Countries, abou
DRUGS SEIZED FROM EASTERN AIRPLANES
Journal of Commerce Staff |
U.S. Customs Service narcotics detector dogs spotted 238 pounds of cocaine secreted in three Eastern
Air Cargo
PACKING PACHYDERMS
JOC Staff |
Sixteen African and Indian elephants were loaded aboard Mitsui O.S.K. Line's Alligator Hope containe
Maritime
PLASTICS CORNER QUANTUM BOOSTS PRODUCTION RATE
Journal of Commerce Staff |
Quantum Chemical Corp. said it has increased the rate of delivery for polyethylene and vinyl acetate
TOBACCO CASE VERDICT COULD BE A MIXED BAG
Knight-Ridder Newspapers |
The jury in a tobacco liability trial could find that three cigarette makers conspired to keep secre
EXPORT BRIEFS
Wire and Staff Reports |
ASHTON-TATE TO SET UP FACTORY IN IRELANDTORRANCE, Calif. - Ashton-Tate Corp. said it will se
Maritime
EXPORT OPPORTUNITIES
US Department of Commerce |
Trade leads supplied by: US Department of Commerce , U.S. and Foreign Commercial Service, Room HCHB
Maritime
US URGES HUNGARIANS TO LOOSEN ECONOMY
(Ap) |
U.S. Deputy Secretary of State John C. Whitehead urged Hungarian leaders Wednesday to introduce a fr
Maritime
DREXEL, EXECUTIVES TO FACE CIVIL CHARGES
(Ap) |
Drexel Burnham Lambert Inc. and junk bond dealer Michael Milken face civil charges from the Securiti
COST OF CREDIT
JOC Staff |
Wed. June 8, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
SOYBEAN RALLY REVIVES INTEREST IN MIDAMERICA
Laurie A. Morse |
The leap in grain and soybean prices in recent weeks has made Chicago's agricultural futures pits ex
COMMODITY BRIEFS
Wire and Staff Reports |
WEST GERMAN MILLERS PLAN CAPACITY CUTFRANKFURT, West Germany - West German grain millers pla
FREIGHT RATE FUTURES
JOC Staff |
June 8, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
AVIATION BRIEFS
From Wire and Staff Reports |
Safety Crew Reviews Operations at O'HareThe head of the Federal Aviation Administration Wedn
Air Cargo
CUSTOMS SETS JUNE 30 DEADLINE FOR FLOW OF INFORMATION TO PORTS
Tony Seideman |
Port executives will be getting electronic ambrosia by June 30. That's the date a repentant
TOURISM STRAINS HAWAII'S LABOR POOL
(Ap) |
Magdalena Barut didn't need the money, but she was bored; tired of just chasing the chickens around
WORLD TODAY
Wire and Staff Reports |
SENATE VOTE SUSTAINS VETO OF THE TRADE BILLWASHINGTON - The Senate failed Wednesday to overr
SINO-SOVIET TRADE POISED FOR GAIN
Cristina Lee |
Recent changes in Soviet trade policies bode well for increased Sino-Soviet trade, one of China's mo
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