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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
EDI RETURNS STILL AWAITED UNREALISTIC GROWTH PREDIC TIONS FAIL TO MATERIALIZE
Kevin D. Thompson |
Companies offering electronic data interchange network services have yet to see returns on their inv
HEAVY TRUCK SALES CONTINUE FREE FALL
Michael S. Lelyveld |
Retail sales of heavy trucks continued their free fall in January despite widespread predictions of
TRANSPORT EARNINGS
JOC Staff |
FFE Net Triples In 4th QuarterFrozen Food Express Industries Inc.'s fourth quarter earnings
CATERPILLAR STRUGGLES WORLDWIDE
Michael S. Lelyveld |
Troubled Caterpillar Inc. has turned to cost-cutting and long-term efficiency goals, officials of th
COMMODITY BRIEFS
From Wire and Staff Reports |
Australian Wheat Board Says It Won't Cut PricesSYDNEY, Australia - The Australian Wheat Boar
COAL MARKETS AMERICAN ELECTRIC POWER ROPES IN LOW ER PRICES
Tim Sansbury |
American Electric Power Service Corp. purchased 225,000 tons of steam coal for an Ohio River power s
NRC OFFICIALS PROBE VALVE MISHAP AT SEABROOK PLANT
Boston Globe |
Officials at the Seabrook, N.H., nuclear power plant may have been late in notifying public safety o
PLASTICS CORNER RIGID CONTAINER MART EXPECTED TO EXPAND
Journal of Commerce Staff |
Prospects for increased sales of rigid plastic containers remain promising, even though growth for t
COCOA SALES MOVE UNDERMINES PRICES
Knight-Ridder Financial |
Fears of resumed sales by the world's largest producer, Cote d'Ivoire, after several inactive months
WELLS CLAIMS IT'S NO. 1 CALIF. BANK
(Ap) |
In a talk to analysts last fall, Wells Fargo & Co. Chairman Carl Reichardt shrugged off the rave rev
Maritime
RI JUDGE EASES WAY FOR COGENERATION PLANT
Journal of Commerce Special |
A spokesman for developers of a cogeneration plant to serve Newport, R.I., says a Rhode Island Super
SCRAMBLING FOE TAKES TO THE AIRWAVES
(Ap) |
The Federal Communications Commission is trying to quell controversy over scrambled satellite televi
Maritime
US TO PRESS JAPAN ON RICE?
A.E. Cullison |
Richard E. Lyng, U.S. secretary of agriculture, most likely will visit Japan late in April to press
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea's Posco Selects Steel Plant SuppliersSEOUL, South Korea - The Pohang Iron and Steel
Maritime
SAFER SKIES CAMPAIGN PAYS OFF IN 3 STATES
(Ap) |
A campaign by the Federal Aviation Administration to rid the skies of airspace intruders has resulte
Maritime
COMPLAINTS CITE PLEDGE VIOLATIONS
Neel Patri |
Developed countries already are violating agreements to liberalize trade reached at a ministerial m
Maritime
BANK OF ENGLAND URGES TRADE BE LIBERALIZED
Janet Porter |
The Bank of England has added its voice to calls for a more liberal international trade regime in su
Maritime
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
S. Korea's Posco Selects Steel Plant SuppliersSEOUL, South Korea - The Pohang Iron and Steel
Maritime
US TO PRESS JAPAN ON RICE?
A.E. Cullison |
Richard E. Lyng, U.S. secretary of agriculture, most likely will visit Japan late in April to press
Maritime
AIRBORNE, TNT PLAN VENTURE COOPERATION EXPECTED TO END TAKEOVER BID FOR SEATTLE FIRM
Gloria Joseph |
Preliminary talks leading to creation of a possible joint venture are being held between Airborne Fr
WEEK AHEAD
From Wire and Staff Reports |
Liability Law Vote NEW ORLEANS - The American Bar Association is due to vote here today on w
CREDIT MARKET FOCUS TO SHIFT TO FED POLICY
RIPLEY WATSON Jr. |
In the ever-changing world of the credit markets, emphasis will shift this week to Federal Reserve p
NEW LABOR UNIT PUZZLES SOME UNION OFFICIALS
Chris Dupin |
Some maritime union officials are upset over formation of a new, multicraft shipboard union by the S
STARCOM PULLS PLUG ON SERVICE
Mark Magnier |
Starcom International Inc., an electronic rate and tariff publishing service, said it will discontin
3 NY INSURANCE SYNDICATES SET TO ANSWER LIQQUIDATION BID
Paula L. Green |
Three of the five syndicates the New York Insurance Exchange declared insolvent last November are sc
JAPANESE CAR MAKERS MAY IMPORT US AUTOS
John Davies |
The fall in the value of the dollar is making some Japanese auto manufacturers think about importing
INDIAN POINT 2 BACK IN SERVICE
(Ap) |
Consolidated Edison Co. said its Indian Point 2 nuclear power plant, out of action since Tuesday nig
IDB AWAITS LARGE HIKE IN FUNDING
Richard Lawrence |
The Inter-American Development Bank appears about to win a record $27 billion increase in lending re
DOW CHEMICAL SELLS SOUTH AFRICAN UNIT
Journal of Commerce Staff |
The Dow Chemical Co. announced the sale of Mer-National, its South African pharmaceutical business,
ENERGY BRIEFS
From Wire and Staff Reports |
Railroad Ties to Fuel Pa. Cogeneration PlantConstruction will begin next month on a cogenera
CELANESE POSTS GAIN IN NET INCOME
Journal of Commerce Staff |
Celanese Corp. reported fourth quarter net income of $57 million, or $5.04 a share, up from $50 mill
TRADE WITH JIANGSU, CHINA
JOC Staff |
Top Stories China's Jiangsu province traders hope to lure U.S. importers and exporters away from Jap
BALTIMORE WINS 15-YEAR COMMITMENT FROM TOYOTA
Journal of Commerce Special |
Toyota Motor Sales U.S.A., which imports 90,000 cars and light trucks through Baltimore annually, ha
Maritime
PHILADELPHIA PORT CORP. PICKS LARUE AS CHIEF
Gregory S. Johnson |
John P. LaRue has become the third president in 16 months at the Philadelphia Port Corp., a private,
Maritime
HMS SIRIUS YIELDS MANY ARTIFACTS
(Ap) |
An archaeologist says divers have salvaged hundreds of artifacts from the wreck of HMS Sirius, the f
Maritime
ON THE MOVE
Staff Report |
Grupo Duratex ReorganizesManagementSAO PAULO, Brazil - Grupo Duratex SA, Brazil's la
HONG KONG'S TRADE BOOMS
P.T. Bangsberg |
Hong Kong is exporting more and more to the United States, but its markets else where are growing ra
Maritime
NORSK HYDRO MAKES PROMISING OIL FIND
Journal of Commerce Special |
Norsk Hydro claims to have proven what Norwegian oil industry experts say could be a major oil field
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