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Commentary
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EXPORT BRIEFS
Wire and Staff Reports |
EC May Cut Corn Tax To Fulfill US AccordThe European Community is said to be leaning toward
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
ISRAEL REPORTED SETTING UP JOINT VENTURE IN CHINA
(Ap) |
The government is setting up a joint venture with China aimed at helping the Chinese with agricultur
Maritime
US URGED TO RELAX CHINESE CONTROLS
(Ap) |
The United States should consider allowing "moderate relaxation" of controls on export to China of e
Maritime
STRIDES FORECAST FOR SUPERCONDUCTOR MARKET JOURNAL OF COMMERCE STAFF
JOC Staff |
The U.S. market for superconductors is expected to grow from today's estimated $200-million-a-year-l
HEAVY INDUSTRY WAGES BUY MORE IN THE US
(Ap) |
Unionized workers in U.S. heavy industries in most cases could buy more with their wages last year t
DOLLAR RISES IN QUIET TRADING
Knight-Ridder Financial |
The U.S. dollar inched higher against major currencies in an unusually quiet market Thursday.
COST OF CREDIT
JOC Staff |
Thu., July 2, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
ECONOMIC CLIMATE JUST BALMY FOR PETROCHEMICAL PRODUCERS
(Ap) |
The declining dollar, continuing U.S. business expansion and lower oil prices are boosting the fortu
TNT DETAILS PLANS FOR JET FREIGHTERS
Phillip Hastings |
The Australian freight transport group TNT is hoping to use British Aerospace 146-QT jet freighters
Air Cargo
CALIF. UPHELD ON SETTING RAIL WORKERS' SAFETY RULES
(Ap) |
California's authority to set safety standards for railroad workers by requiring minimum clearances
Rail News
IRANIAN SEES NO SECURITY IN THE GULF
(Ap) |
Iranian Prime Minister Hussein Musavi has warned there won't be security in the Persian Gulf as long
Maritime
ANTI-LOCKS COULD BRING DISCOUNT
Michael S. Lelyveld |
The insurance industry is studying the possibility of offering premium incentives to fleets who adop
Trucking News
YOU MEET SUCH PEOPLE RIDING IN THE ROCKIES
George F.W. Telfer |
You meet such people on vacation, even while riding horseback high up in the Rockies or while white-
SPOT PRODUCT PRICES
JOC Staff |
July 2, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon, f
DRILLING ACTIVITY PLUNGES 41 PERCENT IN FIRST HALF
(Ap) |
Domestic oil and gas drilling plunged more than 41 percent during the first half of the year compare
VENEZUELA BASES NEW BUDGET ON HIGHER OIL REVENUES
(Ap) |
The government presented Congress with a preliminary 1988 budget based on oil income of $9.1 billion
KUWAIT WILL RESUME LPG SALES TO JAPAN
Journal of Commerce Staff |
Kuwait will resume exports of liquefied petroleum gas to Japan this month with a shipment of 45,000
ALASKA COUNCIL ENDORSES CONCEPT OF GAS PIPELINE
Gloria Joseph |
To bolster the profile of the Alaskan natural gas pipeline project, the Resource Development Council
NEWS SUMMARY
JOC Staff |
GENERAL NEWS Superconductor market is pegged to grow with advances in the technology. Page 2
MARAD BENDS ON SHIP INSURANCE
Robert F. Morison |
The Maritime Administration for the first time has agreed to permit underwriters other than U.S. or
Maritime
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
MARITIME CALENDAR
JOC Staff |
National Research Council's Transportation Research Board. 12th annual summer conference on ports, w
Maritime
RAIL BRIEFS
From Wire and Staff Reports |
Symposium Scheduled July 26-28 in ChicagoPublic policy on rail rationalization and the futur
Rail News
SEA-LAND POSTS ROSIER RESULTS
Mark Magnier |
Sea-Land Corp.'s improved second quarter performance is principally theresult of higher rates and gr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 2 Baltic International Freight Futures ExchangePrev.Close High Low
Maritime
NETUMAR SHIFTS NY OPERATIONS
Rose A. Horowitz |
Yes, New York City has the bananas. But not much else. Bananas and other tropical fruits are
Maritime
PEPPER VOWS VOTE ON LONG-TERM CARE
Leah R. Young |
House Rules Committee Chairman Claude Pepper, D-Fla., will force the House to vote on long-term care
ROUGHNECKS TRADE TODAY'S WAGES FOR TOMORROW'S PROFITS
(Ap) |
A few oil-rig roughnecks thrown out of work by the depression in the industry are back on the job, e
COAL EXPORTS ARMY CORPS BEGINS DEEPENING MISSISSIPPI SHIPPING CHANNEL
Tim Sansbury |
The U.S. Army Corps of Engineers began work this week on a $45 million project to deepen the Mississ
CALIF. WINE INDUSTRY BUBBLES WITH CHANGES
(Ap) |
The California wine industry is in one of the most turbulent periods in its history, with jug wines
Maritime
WASHINGTON: CONSUMPTION 'CAPITAL'
(Ap) |
Residents of the District of Columbia drink wine at more than three times the national rate, while A
Maritime
CARICOM EXPECTS TO LAUNCH EXPORT BANK IN JANUARY
Canute James |
A new institution to finance trade in the Caribbean Economic Community is expected to be launched in
Maritime
COURT SENDS JUICE AD CASE BACK FOR RECONSIDERATION
(Ap) |
A federal appeals court ordered a lower court to reconsider Coca-Cola Co.' sobjections to Procter &
S. KOREA REAPS BENEFITS OF CHIP RIFT
Lewis M. Simons |
The ongoing semiconductor conflict between the United States and Japan is proving a boon to South Ko
NIHON SOGO MONOPOLIZES YEN BOND TRADE
Cynthia Owens |
Unlike the U.S. Treasury securities market, where several brokerage companies compete for trades bet
FINANCIAL BRIEFS
From Wire and Staff Reports |
UK Official Reserves Declined in JuneLONDON - Britain's official reserves declined an underl
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 |
Benzene Output Up, Xylene Off in QuarterProduction of benzene and toluene rose in the first
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