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CHEMICAL BRIEFS
Wire and Staff Reports |
Royal Pharmaceutical In Mexican VentureBOUNTIFUL, Utah - Royal Pharmaceutical Corp. signed a
SOME INTERMODAL OPERATORS CLAIM PORTS ARE INTRUDING ON PRIVATE SECTOR
Bill Mongelluzzo |
Although the ports of Los Angeles and Long Beach see their proposed non- profit double-stack rail co
Maritime
NOVA CONTESTS PROPOSALS LIMITING ALBERTA'S ETHANE
Marita Van Oldenborgh |
Proposed ethane supply restrictions in the province of Alberta are seriously threatening one major C
PEOPLE - CHEMICALS
From Wire and Staff Reports |
ALLIED SIGNAL INC. (Morris Township, N.J.) - John W. Barter was appointed senior vice president, pla
W. INDIES CONFERENCE FREEZES RATES
Canute James |
After several months of discussion, a major shipping conference has told Caribbean shippers it will
Maritime
RAIL AGREEMENT REACHED IN MD.
JOHN H. GORMLEY Jr. |
CSX Corp. and the Maryland Port Administration have agreed on terms for the railroad's use of the in
Maritime
NARROWER TRADE GAP SPARKS DOLLAR SURGE
Knight-Ridder Financial |
The U.S. dollar rose 1.4 percent against the West German deutsche mark and 0.8 percent against the J
CARACAS URGED: SEEK DEBT RELIEF
(Ap) |
Business leaders called on the government to renegotiate the repayment terms on the nation's $32 bil
BRAZILIAN DEBT PRICES RISE AHEAD OF AUCTION
Jenifer Otwell |
Traders bid up prices for Brazilian debt recently ahead of the country's May 26 debt-equity conversi
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
UK BANKS CUT RATES ENDING POUND'S RISE
Janet Porter |
A cut in U.K. interest rates Tuesday put an end to sterling's advance and signaled a truce between P
PARANOIA GROWS IN TOKYO OVER US 'JAPAN BASHING'
Knight-Ridder Financial |
Paranoia is growing here over a new round of Japan bashing in the United States. Financial m
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 millionor l
PEOPLE - FINANCIAL
Wire and Staff Reports |
BANK LEUMI TRUST CO. OF NEW YORK (New York) - Ira Newman and John D. Nork were named senior vice pr
FINANCIAL BRIEFS
Wire and Staff Reports |
Monetary Ease Abroad Needed to Prop DollarSAN FRANCISCO - Sustained monetary ease abroad may
COST OF CREDIT
JOC Staff |
Tue., May 17, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
US INVESTORS CONSIDER THIRD WORLD EQUITIES
Journal of Commerce Staff |
Private direct investment accounts for only 14 percent of financial flowsfrom industrial to
LUMBER FIRMS SEE '88 BIT SLOWER BUT STILL GOOD
Journal of Commerce Staff |
Surging exports will help the U.S. forest products industry to have a good year in 1988, even though
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.48
STUDY SAYS US INVESTORS ARE INTERESTED IN PLATINUM
Howard Simon |
U.S. investors are beginning to realize what the Japanese and other foreign investors already know -
BRAZIL JOINSSUGAR PACT
Knight-Ridder Financial |
Brazil officially joined the International Sugar Agreement, the International Sugar Organization Sec
COMMODITY BRIEFS
Wire and Staff Reports |
Cargill Joins China In New Crushing PlantBEIJING - Cargill Inc. has started construction on
CHICAGO TRADERS FOLLOW THE ACTION
Chicago Tribune |
Mike Frehr, a young, aggressive trader at the Chicago Board of Trade, is fond of pointing out that i
AGRICULTURAL TRADE LEADS
Supplied by U.S. Department of Agriculture |
Fruit, vegetable juices - not frozen Fruit juices. Quantity: one 20-foot container a month.
CHRYSLER CUTS EAGLE PRODUCTION
(Ap) |
Chrysler Corp. is cutting production of the Eagle Premier, the flagship car of its new Jeep-Eagle di
Maritime
EC DROPS PENALTY AGAINST JAPANESE FIRM
Bruce Barnard |
The European Community dropped anti-dumping duties on electronic typewriters assembled at a Japanese
Maritime
US EXPECTS FAST RISE IN VALUE OF EXPORTS
Barbara Casassus |
The U.S. government expects export values to increase four times faster than import values, Commerce
Maritime
DAEWOO PLANT IS FORCED TO CLOSE
(Ap) |
A lack of parts from some strike-bound suppliers brought the car assembly line at Daewoo Motor Co.'s
Maritime
TRADE FAIRS
Wire and Staff Reports |
SUPERCOMM '88. Telecommunications equipment show. May 23-26. The Georgia World Congress Center, Atla
Maritime
PA. FIRMS GET AWARDS FOR EXPORTS
Journal of Commerce Staff |
Gov. Robert P. Casey presented the 1988 Governor's Export Awards to six companies for outstanding ac
Maritime
THREE JAPANESE CHARGED IN ILLEGAL SALES TO CHINA
(Ap) |
Police charged three trading company executives Tuesday with exporting high- technology equipment to
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Visa, Sony Join Pepsi In Soviet TV Ad DealVisa, a credit card provider, and Sony Corp., the
Maritime
ONTARIO MAY FIGHT US FREE TRADE PACT
(Ap) |
Ontario Premier David Peterson, a foe of the Free Trade Agreement between the United States and Cana
Maritime
US STEEL PRODUCERS ARE RIDING THE CREST OF A DEMAND WAVE
(Ap) |
After drifting through the shoal water of the early 1980s and sometimes running aground, American st
NEW DANISH GOVERNMENT LIKELY TO KEEP NATION'S BELT TIGHT DESPITE ECONOMIC WOES
Erich E. Toll |
Denmark's new government is unlikely to change the course of the nation's economy, despite its deep
KY. CRASH UNDERLINES PROBLEMS WITH OLD, PRE-STANDARD BUSES
Russ Banham |
A motor vehicle insurance trade group said Saturday's fatal bus crash in Carrollton, Ky. underlines
STAFFERS WORRY US-CANADA BILL MOVES TOO FAST
Keith M. Rockwell |
The legislation to implement the U.S.-Canada trade accord is moving briskly through Congress, but st
PEOPLE - INSURANCE
From Wire and Staff Reports |
HARBOR INSURANCE CO. (Los Angeles) - James P. Di Forio Jr. was named vice president, planning and bu
NEWS SUMMARY
JOC Staff |
AIR CARGO Kennedy International Airport in 1987 again moved more cargo volume than the world
BROOKINGS STUDY CALLS FOR PRIVATE AND PUBLIC LONG-TERM CARE PLANS
Leah R. Young |
A new study by The Brookings Institution concludes that both new private insurance initiatives to pa
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