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BUNDESBANK TO SPELL OUT CONDITIONS OF EC UNITY
Knight-Ridder Financial |
The Bundesbank will not change its assessment of European monetary issues or relax the firm precondi
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -1.32
HONG KONG PANEL STUDYING BRAIN DRAIN
P.T. Bangsberg |
A special government task force is beginning a detailed study of emigrationfrom the colony -
Maritime
CLOUDS LIFT FOR NAVIERAS LINE AFTER FIRST PROFIT IN 12 YEARS
Craig Webb |
Navieras de Puerto Rico, the government-owned shipping line, has recoveredfrom its days as a
CHINA TO OFFER SEVERAL PROJECTS FOR US PARTNERS
Cristina Lee |
A large contingent of Chinese business leaders will arrive in Washington on May 10 with more than 40
MARITIME BRIEFS
From Wire and Staff Reports |
Polish Yard Workers Withdraw Key DemandGDANSK, Poland - Striking shipyard workers on Wednesd
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CHEMICAL MARKETS
Journal of Commerce Staff |
Metco Increases Modifier PricesRAHWAY, N.J. - Metco North America Inc., a joint venture of M
HONG KONG GETS NEW CRANES
P.T. Bangsberg |
With containerized traffic continuing to grow, two of Hong Kong's terminal operators are investing m
Maritime
DOLLAR TRADES MIXED IN LACKLUSTER TRADING
Knight-Ridder Financial |
The U.S. dollar was narrowly mixed Wednesday in lackluster trading as dealers awaited fresh incentiv
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Midwesterners Seek New Textile Trade ActOMAHA, Neb. - More than 60 representatives from 36 a
Maritime
STEEL IMPORTERS GRAPPLE WITH RESTRAINT PACTS
Bill Mongelluzzo |
West Coast steel importers are being warned to expect that the voluntary restraint agreements on for
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Northeast Utilities Seeks to Spin Off UnitHARTFORD, Conn. - A plan to spin off Connecticut L
SEATTLE CONTINUES SEARCH FOR DIRECTOR TO REPLACE DWYER
John Davies |
With advice from a citizen's panel that it may not find the best new port director for $96,660 a yea
Maritime
KELLY TO RETIRE AS CHIEF OF DELAWARE RIVER GROUP
Gloria Joseph |
James R. Kelly announced he will retire next January as president of the Delaware River Port Authori
Maritime
GATT DELAYS ACTION ON TAX RETALIATION
Knight-Ridder Financial |
The General Agreement on Tariffs and Trade Wednesday postponed action until mid-June on a European C
COAST GUARD STUDIES TIGHTER PILOT RULES
TOM McNIFF |
The U.S. Coast Guard plans hearings on a proposal to stiffen federal licensing requirements for the
Maritime
THATCHER URGES INTEREST IN CITIES
(Ap) |
Prime Minister Margaret Thatcher Tuesday urged closer contacts between businessmen and local people
INSURANCE EARNINGS
From Wire and Staff Reports |
Reliance Group Posts Drop in Net IncomeReliance Group Holdings Inc. Wednesday reported that
HMO ENROLLMENT FALLS AS BANKRUPTCIES JUMP
Chicago Tribune |
The number of Americans enrolled in health maintenance organizations in 1987 increased by the smalle
CHANCES DIM FOR CALIF. ASSEMBLY TO BLOCK BALLOT COVER INITIATIVES
(Ap) |
Chances of the Legislature passing insurance reform to block a quartet of proposed November ballot i
FINANCIAL BRIEFS
Wire and Staff Reports |
Australian Dollar Soars to 3-Year HighSYDNEY, Australia - The Australian dollar rose above 7
EARNINGS
JOC Staff |
Sales Net Income Per Share CompanyPeriod Latest Prior Latest Pr
EXPORTS FIND NICHE IN US GOURMET MART
Josh Goldstein |
New Zealand is finding bigger markets in the United States as the demand for healthier foods increas
Maritime
NEWS SUMMARY
JOC Staff |
AVIATION Texas Air Corp. Chairman Frank Lorenzo repeated his public stance that Texas Air's
GREENSPAN WARNS ON DOLLAR DROP
Journal of Commerce Staff |
A Draconian monetary tightening would be needed to head off rapid inflation if the dollar's value fe
GATT PANEL RULES CHIP PACT ILLEGAL
Journal of Commerce Staff |
The United States suffered setbacks Wednesday in General Agreement on Tariffs and Trade rulings on s
LORENZO REITERATES NEED FOR REFORMS AT EASTERN
Dave Higdon |
Texas Air Corp. Chairman Frank Lorenzo repeated his public stance that Texas Air's Eastern Airlines
COMPETITION ABOUNDS IN LEATHER'S BULL MARKET
Craig Webb |
Hans Vlessing sank down, down, down into the overstuffed luxury of his $10,000 chocolate brown leath
AMOCO CHEMICAL PUSHES PROJECT IN THAILAND
P.T. Bangsberg |
Despite some question marks over the project, Amoco Chemical Co. is pushingits bid for a purified te
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
ADMITTEDLY SOMEWHAT IN SHOCK following last month's resignation announcement by Bill Edwards, execut
Maritime
EDI BRIEFS
From Wire and Staff Reports |
Firms Told to Restudy Computer Costs, AidsCompanies need to re-evaluate the way they look at
JUDGE LEARNS 'COMPUTERESE'
G. Pascal Zachary |
U.S. District Court Judge William P. Gray was losing his patience with testimony that had lapsed int
NEW BANK CAPITAL STANDARDS MAY HURT US, JAPANESE MOST
Joural of Commerce Staff |
Major U.S. money center banks and some Japanese banks will be under the mostpressure to rais
RAILROADS WON'T BUY NEW CARS FOR GRAIN
Howard S. Abramson |
Despite widespread complaints from farmers that a shortage of railcars has slowed shipment of grain
CHEMICAL EXPORTS BY PORT
Port Import/Export Reporting Service, PIERS |
For January 1988 vs. January 1987 (In Metric Tons - Via Ocean)US Coast and PortJan.
SPOT PRODUCT PRICES
JOC Staff |
May 4, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f.
KELLEY SAYS FED TACKLING INFLATION
Journal of Commerce Staff |
The Federal Reserve is not complacent about the current inflation pace of 3 percent to 4 percent, Fe
PEOPLE - INSURANCE
From Wire and Staff Reports |
NORTH AMERICAN REINSURANCE CORP. (New York) - Peter F. Malloy was named senior vice president at thi
COURT RULES AGAINST WOMAN IN UNUSUAL INSURANCE CASE
(Ap) |
A woman who had to walk home drunk from a bar when her husband took the car keys and left her strand
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