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SOVIET AGRICULTURE EATS INTO USSR BUDGET
(Ap) |
With two swimming pools in its sports complex and a fleet of buses that take workers to the fields,
MCGRAW-HILL SELLS JAPANESE VENTURE
(Ap) |
McGraw-Hill Inc. says it sold its 49 percent interest in Nikkei/McGraw-Hill Inc., joint venture publ
NEWS SUMMARY
JOC Staff |
AIR CARGO Flying Tiger Line sees continued profits in 1988, with expanded cargo service from
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all companies and other operating organizations such as ports mentio
SPRINKEL SAYS FED MONETARY POLICY ON TRACK
John Boyd |
The president's chief economist, Council of Economic Advisers Chairman Beryl Sprinkel, said late las
ARCHITECT OF HUGE TANKER FRAUD CAPS HIS CAREER WITH A JAILBREAK
James Nolan |
When Frederick Soudan, the mastermind of the world's largest maritime fraud, decided it was time to
MAERSK PRESIDENT QUESTIONS FUTURE OF CONFERENCES
Craig Dunlap |
Maersk Line's traditional support for the ocean carrier conference system is waning, the shipping co
ST. PAUL FIGHTS TAKEOVER AS IT REGROUPS CHAIRMAN REMARKS ON COMPANY'S FUTURE
Journal of Commerce Staff |
Q:A number of analysts believe your acquisition of British insurance brokerage Minet Holdings PLC wa
JAPAN TO PROTEST REGIONAL GROUPINGS
A.E. Cullison |
Prime Minister Noboru Takeshita plans to express Japan's worries about the formation of regional eco
STUDY SHOWS RISE IN VALUE OF TRADE THROUGH MD. PORT
Journal of Commerce Staff |
Trade through the Port of Baltimore increased from $1.18 billion in 1980 to $1.51 billion in 1986, a
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1370.0 (May 27, 1988) Previous day - 1392.0 The Baltic International Freight Futures Exchang
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 27, 1988 Baltic International Freight Futures ExchangePrev.Close High L
Maritime
QUANTAS EARNINGS ROSE LAST YEAR
Journal of Commerce Staff |
Qantas Airways Ltd. earned $101.1 million after taxes and extraordinary items in the fiscal year end
Air Cargo
WARDAIR GETS OK FOR FRENCH SERVICE
Leo Ryan |
Canadian Transport Minister Benoit Bouchard announced that Wardair Inc., the Mississauga, Ontario-ba
Air Cargo
TRAFFIC BRIEFS
From Wire and Staff Reports |
Freightliner Dealers Honor P.E. RuppPORTLAND, Ore. - In a recent ceremony in New Orleans, No
Rail News
NBA INCIDENT MAY FORCE MASSPORT THROUGH HOOPS
TOM McNIFF Jr. |
The Massachusetts Port Authority is not only thumbing its nose at the national air traffic system, b
Air Cargo
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
HE'LL FOLLOW A STAR to Bethlehem. The Union Pacific Corp. has decided to move its headquarte
Rail News
CLARIFICATION CORRECTION
JOC Staff |
Vernon Farriba, executive vice president of the Southern Motor Carriers Rate Conference said there w
Rail News
ETHIOPIA AND SOMALIA WILL RESTORE AIR LINKS
(Ap) |
Ethiopia and Somalia agreed to restore direct air links betweentheir capitals that were severed 11 y
Air Cargo
US IS TAKING A LESSON FROM MONGOL WARRIORS
John Davies |
Successful U.S. businesses are adopting the attitude and vigor of Mongol warriors who gained a few e
Rail News
OUTPOURING OF OFFERS PLEASES POLISH SAILOR SEEKING ASYLUM IN US
(Ap) |
A Polish sailor seeking political asylum was released from the Snohomish county jail last week, stil
Maritime
AMERICAN-BA TICKET CASE ADJOURNED
Journal of Commerce Staff |
The hearing in the London High Court in which American Airlines is seeking an immediate temporary in
Air Cargo
BN SHIPPERS FEEL EXPORTS WILL STYMIE A RECESSION
John Davies |
Burlington Northern Railroad is listening carefully to its major shippers who say they are expecting
Rail News
SLUDGE MEASURE SENT TO PRESIDENT
Journal of Commerce Staff |
The House has passed legislation extending the coverage of U.S. cabotage law to the transportation o
Maritime
WATER PROJECTS BILL INTRODUCED IN HOUSE
Journal of Commerce Staff |
Rep. Kenneth J. Gray, D-Ill., introduced legislation to authorize construction of about $1.6 billion
Maritime
MOST JAPANESE BANKS MEET CAPITAL GUIDES
A.E. Cullison |
Most major Japanese commercial banks already meet or have surpassed capital guidelines proposed by t
COAST GUARD MAPS INSPECTION CHANGE
Journal of Commerce Staff |
Owners and operators of fixed facilities on the outer continental shelf will be required to perform
Maritime
SEATTLE PORT DIRECTOR TAKES JOB AT LAW FIRM
John Davies |
James D. Dwyer, executive director of the Port of Seattle, will become a partner at one of Seattle's
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ILA MEETING JUNE 8 TARGETS CANADA LOCALS
Leo Ryan |
International Longshoremen's Association officials from the United States and Canada will meet June
Maritime
RISING INTEREST RATES COULD LIFT THE DOLLAR
Kevin Commins |
The dollar may trend up in the next few days on the strength of higher U.S. interest rates, predicte
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEXT STAGE IN LDC DEBT CRISIS LIKELY TO INCLUDE INNOVATIONS
Gordon Platt |
The next stage in the world debt crisis will be determined by the new money packages being put toget
PEOPLE - FINANCIAL
Wire and Staff Reports |
CAL FED INC. (Los Angeles) - John R. Torell III was named chairman and chief executive, effective Au
FINANCIAL BRIEFS
Wire and Staff Reports |
MEXICO, BRAZIL PLAN FOREIGN DEBT EXCHANGEMEXICO CITY - Mexico and Brazil will begin a foreig
BRAZIL DEBT SWAP AUCTION FALLS SHORT OF THE MARK
Knight-Ridder Financial |
Results of Brazil's third debt-equity swap auction last week produced the smallest discount since th
COST OF CREDIT
JOC Staff |
Fri, May 27, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.30
BANK OF AMERICA SAYS IT HAS TURNED CORNER
Mark Magnier |
After years of problems and mounting losses, Bank of America is on the road to recovery, the company
GOLD ANALYSTS SPLIT ON LONG-TERM PRICES
Howard Simon |
Although traders have kept the average price of gold this year at $450 an ounce and despite recent b
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