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TORONTO SUMMIT TO FOCUS ON BASIC ECONOMIC ISSUES
Leo Ryan |
The participants at next month's summit in Toronto of seven leading industrialized nations have agre
DRY CARGO SHIP RATES BEGINNING TO RECOVER
Janet Porter |
Confidence is starting to return to the shipping market for grain and other dry cargo after a six-we
SPECIAL SECTION: WASHINGTON STATE: EX-IM '88, PAGES 8A-9A.
JOC Staff |
TOP STORIES: The drop in the value of the dollar against the yen may be making the state of
SPOT PRODUCT PRICES
JOC Staff |
May 9, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f.
ENERGY BRIEFS
From Wire and Staff Reports |
South Africa Finds Oil Off Southern CoastJOHANNESBURG, South Africa - South Africa, which mu
RATE OF GASOLINE PRICE HIKES SLOWS FROM APRIL'S JUMPS
(Ap) |
Motorists nationwide are paying an average of a dollar-a-gallon for gasoline, a jump of more than a
TONY SEIDEMAN - EDI EXCHANGE
Tony Seidman |
EDI CAN BRING A QUASI-RELIGIOUS experience - at least, if the U.S. Bureau of the Census experience i
TRADE BILL VETO MAY THREATEN ARMS TREATY
(Ap) |
Senate Majority Leader Robert C. Byrd said Monday that a presidential veto of the omnibus trade bill
WEFA GROUP PREDICTS PRESSURE ON DOLLAR
Journal of Commerce Staff |
The WEFA Group, an international economic and business consulting firm, expects market forces to dri
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
IMPORT BRIEFS
Wire and Staff Reports |
Korean Auto Exports Fell 18.2 percent in AprilSEOUL, South Korea - Exports by South Korea's
Maritime
US CHEMICAL IMPORTS FROM WORLD MARKETS
Source: Port Import/Export Reporting Service, PIERS, New York. |
For February 1988 vs. February 1987 (In Metric Tons - Via Ocean)RegionFeb. 88
PALESTINIAN UNREST CUTS INTO ISRAEL'S ECONOMIC GROWTH
Boston Globe |
Behind the dramatic images of turmoil in the streets, the Palestinian uprising is settling into an e
SUPERMARKET HELPS CONVERT ONE CHINESE TO CAPITALISM
Gene Linn |
Canadian supermarkets helped convert Wang Gongrong into a whole-hearted believer in the market-orien
WORLD TODAY
From Wire and Staff Reports |
Baker Is Satisfied With Level of DollarTreasury Secretary James A. Baker III said Monday he
PEOPLE - COAL
From Wire and Staff Reports |
NORTH AMERICAN COAL CORP. (Cleveland) - K. Donald Grischow was elected comptroller and assistant tre
AVIATION TRAFFIC REPORTS
From Wire and Staff Reports |
Pan American World Airways reported that scheduled freight ton-miles increased 20 percent in April c
Air Cargo
CADEC'S NEW 'BLACK BOX' OFFERS TRUCK VERSATILITY
Mark Magnier |
Cadec Systems Inc. a unit of Cummins Engine Co., has introduced a new series of programmable vehicle
401K PLANS FOUND NOT REPLACING TRADITIONAL PENSION OFFERINGS
Leah R. Young |
Two reports from the General Accounting Office show 401k plans that defer taxes on employee wages in
PROFESSOR, AUTHOR S. ACKERMAN DIES
Journal of Commerce Staff |
Saul B. Ackerman, professor emeritus of insurance at New York University, died Saturday. He was 100.
MARKETS & MONEY THE WRONG REASON FOR TRADE BILL VETO
Albert L. Kraus |
Has President Reagan made a colossal error by hanging his promised veto of the trade bill almost sol
FINANCIAL BRIEFS
Wire and Staff Reports |
Fuji Bank Negotiating Primary Dealer StakeLONDON - Kleinwort Benson Ltd. said it has been ne
FORD HIRING NEW WORKERS ONCE AGAIN
(Ap) |
Ford Motor Co., which earned industry-record profits in 1987 and in the first quarter of 1988, is hi
TRAFFIC BRIEFS
From Wire and Staff Reports |
Kansas City Southern Continues to Pursue SPKANSAS CITY, Mo. - Kansas City Southern Industrie
Trucking News
GROUP TARGETS HEAVY BOXES
Gloria Joseph |
Overweight shipping containers must be put on a diet. That's the edict from the Bi-State Harbor Carr
Maritime
FED GOVERNOR OPTIMISTIC ON STABILITY OF THE DOLLAR
Mark Magnier |
Federal Reserve Governor H. Robert Heller said the U.S. dollar will not suffer a long-term slide so
CHINESE, JAPANESE JOIN FORCES TO EXTRACT, REFINE RARE EARTH
Noel Fletcher |
Japan and China have reached a significant agreement to jointly extract, refine and use rare earth.<
EXECUTIVES VIEW POSTAL AUTOMATION TECHNOLOGY
(Ap) |
Postal executives from around the world converge on Washington this week to meet a clerk that never
Air Cargo
GAUGHAN CITES FAR EAST INROADS
Robert F. Morison |
Maritime Administrator John A. Gaughan reports progress in dealing with shipping obstacles in the Fa
Maritime
ELECTRIC CAPACITY OK FOR SUMMER IN MOST OF US
Journal of Commerce Staff |
The United States' electric generating capacity is expected to be adequate to meet expected peak dem
COAL BRIEFS
From Wire and Staff Reports |
Chinese Mine Fire Lasts 16 MonthsBureaucratic negligence and cover-ups have allowed a coal m
SAUDI ARABIA PLANS TO CUT ARAMCO-US LEGAL TIES
(Ap) |
Saudi Arabia is drafting a new charter for Arabian-American Oil Co., cutting its legal ties to the U
DOLLAR FIRMS ON FED 'SNUGGING'
Knight-Ridder Financial |
The U.S. dollar was mixed Monday after firming on the Federal Reserve's announcement of customer rep
COST OF CREDIT
JOC Staff |
Mon., May 9, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
JAPANESE SEEN BOOSTING US CAR MARKET SHARE
(Ap) |
Japanese automakers will claim a larger share of the U.S. automobile market without having to boost
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1387.0 (May 8, 1988) Previous day - 1375.5 The Baltic International Freight Futures Exchange
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 9, 1988 Baltic International Freight Futures ExchangePrev.Close High Lo
Maritime
COMPANIES OUTLINE PROPOSALS TO BUILD FLA. HIGH-SPEED TRAIN
(Ap) |
Four companies seeking to build a state-of-the-art transportation system in Florida's congested corr
Rail News
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.40
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Sharp Price Rises Spur Panic Buying in ChinaSharp price rises and fears that prices will con
Maritime
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