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NAKASONE URGES US AND JAPAN TO ENCOURAGE EMERGING NATIONS
Mark Magnier |
Japan and the United States should work together to encourage economic prosperity and political stab
TWO SHIP LINES FACE BIG FINES IN DRUG CASES
William Armbruster |
Two shipping lines may be fined millions of dollars by the U.S. Customs Service because large shipme
LOW COCOA PRICES UNLIKELY TO SPUR MORE US IMPORTS
Howard Simon |
U.S. cocoa buyers are keeping mum on their plans, but analysts predict imports into the United State
HONG KONG POSTPONES TRADE CENTER OPENING
P.T. Bangsberg |
A star-studded conference to open Hong Kong's new trade and exhibition center is being delayed for f
AGENTS BLAST INSURANCE INSOLVENCY LAWS
Russ Banham |
Independent insurance agents in the Midwest are locked in a legal battle with insurance regulators o
RAIDS FORCE IRAN TO BOOST IMPORTS OF REFINED PRODUCTS
(Ap) |
Iran has been forced to increase its imports of refined petroleum productsbecause Iraqi air
GASOLINE PRICE SLIDE SLOWS DOWN
(Ap) |
Motorists paid less at the gasoline pump during the past two weeks but the price drop - an average o
ENERGY BRIEFS
Wire and Staff Reports |
Soviets Agree to Cut Price of Oil to FinlandHELSINKI, Finland - The Soviet Union has agreed
OPERATIONS ARE NORMAL AT PANAMA OIL PIPELINE
Sam Glasser |
Operations at the Petroterminal de Panama pipeline, which carries more than 500,000 barrels of Alask
INDONESIA SIGNS US DEALS, ASSAILS RIVALS IN OPEC
P.T. Bangsberg |
Two U.S. oil majors signed contracts Monday with Indonesia's state energy monopoly Pertamina, as an
SPOT PRODUCT PRICES
JOC Staff |
March 14, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon,
$15 CRUDE PRICE MAY BE TESTED, ANALYSTS BELIEVE
Roberta C. Yafie |
A belief that the Organization of Petroleum Exporting Countries will not intervene in the energy mar
BOTH SIDES HOLD FIRM IN 5-MONTH-OLD STRIKE AT INDIAN HEAD MINE
(Ap) |
The strike at the Indian Head Mine is in its fifth month, but neither management nor union miners ar
ENERGY BRIEFS
Wire and Staff Reports |
Oil Demand Outpaces Forecasts, Report SaysOil demand in the United States, Japan, West Germa
ARCH WORKERS REJECT MEMBERSHIP IN UMW
Tom Daykin |
Employees of Arch Mineral Corp.'s Breathitt County, Ky., subsidiary voted last week to reject a prop
PITTSTON MINERS STAY ON THE JOB
Journal of Commerce Special |
While negotiations between Pittston Coal Group and the United Mine Workers continue, union members i
ENERGY BRIEFS
Wire and Staff Reports |
Nine Mile 2 Operates 2 Days, Shuts DownOSWEGO, N.Y. - The Nine Mile 2 nuclear power plant, w
DOLLAR MIXED ON SPECULATION ABOUT THURSDAY'S TRADE DATA
Knight-Ridder Financial |
The U.S. dollar was mixed Monday in quiet trading, while the pound sterling rebounded from early wea
TRUCKING BRIEFS
Wire and Staff Reports |
Goodyear Sales Staff Cited for AchievementAKRON, Ohio - Goodyear Tire & Rubber Co.'s Industr
Trucking News
GUILFORD, UNIONS SEEK ARBITRATION IN SPRINGFIELD ROW
Howard S. Abramson |
Both the owner and the unions of the Springfield Terminal Railway have asked for an arbitrator to ta
Rail News
NY WOULD BAN FUTURE SHOREHAMS, NINE MILE 2S
(Ap) |
New York regulators are refining rules that advocates say will prevent electric utilities in the sta
SHIPPING BANKER BULLISH ON DRY CARGO MARKET
Janet Porter |
The steep rise in dry cargo freight rates over the past few weeks could mark the beginning of a sust
Maritime
EXCHANGE'S PREMIUM VOLUME DIPS
Journal of Commerce Staff |
The Illinois Insurance Exchange reported gross written premium of $14.55 million for January, down f
LAWS ALLOWING POLICE TO NAB DRUNK DRIVERS' LICENSES PUSHED
Leah R. Young |
Now that all 50 states have passed age 21 drinking laws, lobbyists for highway safety are turning th
INSURANCE BRIEFS
From Wire and Staff Reports |
Risk Retention Market Slowing Down in Vt.MONTPELIER, Vt. - Tough state reviews and a softeni
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
ALBERT L. KRAUS - MARKETS & MONEY CAPITAL INFLOWS: PLUGGING THE DIKE
Albert L. Kraus |
Is the United States in danger of being placed in financial bondage to foreign owners and creditors
PANAMA'S DEBT PRICES ERRATIC
Jenifer Otwell |
Political turmoil and financial uncertainty in Panama have led to an erratic secondary market for th
B.A.T. INSISTS IT WILL PURSUE BID FOR FARMERS
Edwin Unsworth |
B.A.T. Industries PLC, the British tobacco, financial services and retailing multinational, said it
FUTURES MAY ESCAPE POST-CRASH LEGISLATION
Kevin Commins |
Congress probably will not enact post-crash futures market legislation, a panel of congressmen and s
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JAPANESE YEN GAINS STATUS AS INTERNATIONAL CURRENCY
A.E. Cullison |
The volume of Japanese currency circulating overseas soared in the past two years due to the steady
PEOPLE - FINANCIAL
Wire and Staff Reports |
BERKSHIRE CAPITAL CORP. (New York) - W. Stevens Sheppard was named managing director of this indepen
FINANCIAL BRIEFS
Wire and Staff Reports |
IMF Begins Talks With South KoreaSEOUL, South Korea - The International Monetary Fund began
COST OF CREDIT
JOC Staff |
Mon., March 14, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
SWEDEN PROBES CLAIMS ON SALES OF BOATS TO IRAN
Mike Taylor |
Sweden is investigating U.S. claims that Swedish-made boats are being supplied to Iran and used in t
Maritime
LAWYER FAULTS LANCER AUCTION
James Nolan |
Five former United States Lines Lancer-class ships brought $44.1 million for the package in a bankru
Maritime
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
GONDOLIERS SINGING ITALIAN SONGS should be enough to make any celebration festive, but Tom Burke, ex
Maritime
INDIAN PORTS TO ALTER DUES SYSTEM
Neel Patri |
Indian ports soon will switch to levying dues on the basis of gross registered tons rather than net
Maritime
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