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UNCERTAIN US DOLLAR MIXED IN TRADING WITH NO DIRECTION
Knight-Ridder Financial |
The U.S. dollar was mixed against most major foreign currencies Wednesday in erratic, directionless
US SPRAY GUN CLEANS UP IN JAPAN EXPORTER FINDS KEY TO SUCCESS
Bill Mongelluzzo |
Fred Reinstein, president of Turbo Tek Enterprises, found a good market in Japan for his U.S.-made s
NEWS SUMMARY
JOC Staff |
GENERAL NEWS A panel of leading economists urged Congress to set more realistic targets for
SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
OCEAN TRANSPORT GOING ASHORE BUT 1987 COULD BE MORE FRANTIC THAN 1986 AFTER OCL SALE
Bruce Barnard |
Nicholas Barber, chief executive of Ocean Transport and Trading, had a busy 1986, but 1987 looks lik
FINANCIAL BRIEFS
From Wire and Staff Reports |
Philippine Debt Talks Rescheduled for MarchMANILA, Philippines - Renegotiation of a $12 bill
SPACE STATION PARTNERS MEET TO SMOOTH RIFT
(Ap) |
The United States began meeting Wednesday with its European, Japanese and Canadian partners in the p
COST OF CREDIT
JOC Staff |
Wednesday, Feb. 11, 1987 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FOREIGN INVESTORS BULLISH ON US STOCKS
Jennifer Lin |
Americans aren't the only ones hooked on stocks. Foreign investors bought nearly as much U.S
INDUSTRIAL PRICE INDEX
JOC Staff |
THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on
FARM EXPORT SLUMP EYED LOW USDA SPENDING CITED AS MAJOR FACTOR
Knight-Ridder Financial |
Representatives of U.S. commodity groups told a House subcommittee the USDA's reluctance to spend fu
EC FARMERS ATTACK LAND USE PROPOSALS
(Ap) |
The National Farmers' Union bitterly attacked a government plan aimed at reducing Britain's food sur
PRICE FREEZE PLANS SPARK GREEK PROTEST
(Ap) |
Shouting No to the EC," about 1,000 farmers from around Greece marched through the capital Wednesday
ECONOMISTS URGE REALISTIC GOALS TO CUT DEFICIT
John Boyd |
The goal of meeting the budget deficit targets in the Gramm-Rudman-Hollings Act is out of reach and
TURNING A CAVE INTO A STORAGE BIN
Dirck Steimel |
The Agriculture Department may go underground with the nation's burgeoning grain surplus - way unde
COMMODITY BRIEFS
From Wire and Staff Reports |
Brazil Withdraws Beef Price ConstraintsThe Brazilian government freed all wholesale and reta
ON THE MOVE
Staff Report |
APC Names Ronald OliveVice PresidentOAKLAND, Calif. - American President Cos. named
OIL TRUCK GIVES AWAY BURGLAR
From Wire and Staff Reports |
A truck driver from Whitestone, Queens, was arrested on burglary charges after a woman saw his oil t
MOBIL TAKES OVER BLOCKS COMPANY EXPANDS INDONESIAN OIL INTERESTS
P.T. Bangsberg |
Mobil Oil Co. is taking control of two Indonesian oil exploration contractsfrom other U.S. c
INSIDE TALK ON ENERGY BY SAM GLASSER
Sam Glasser |
''NORTH DAKOTA IS CLEAN," U.S. Sen. Quentin Burdick was quoted as saying not too long ago. The North
MALAYSIA EXTENDS PRODUCTION CUTBACK
Journal of Commerce Staff |
Malaysia will extend its voluntary 10 percent cutback of planned oil production until the middle of
HEATING OIL PRICES WEAK, TRADING SLOW
Knight Ridder Financial |
Cash heating oil prices continued weaker this week and stayed below gasoline in unusually slow activ
ENERGY BRIEFS
From Wire and Staff Reports |
Nymex Plans to Lower Energy Futures MarginsThe New York Mercantile Exchange announced it wil
TRANSPORT CALENDAR
JOC Staff |
Private Carrier Conference, Feb. 17-18, Hyatt Regency Hotel, Greenville, S.C. Contact Private Carri
CONTROLLERS BRACE FOR CHANGES TODAY
(Ap) |
Starting today, jetliners will trace new routes above the Eastern United States, raising the likelih
AVIATION BRIEFS
From Wire and Staff Reports |
Eastern Airlines Suing Its Machinists UnionEastern Airlines is suing one of its three unions
FLIGHT TEST SIMULATES EVENTS THAT LED TO JAL JET CRASH
JOC Staff |
Japanese officials conducted a simulated flight test last week using a computer-equipped aircraft to
UK AIRPORT STRIKE SETTLED
Edwin Unsworth |
Passenger services at Manchester Airport, Britain's busiest air terminal outside the London area, ar
US MARKET VITAL TO BAE UK COMPANY SPECIALIZES IN SMALL, MID-SIZE AIRCRAFT
Edwin Unsworth |
British Aerospace PLC is successfully making inroads into the home territory of the giants in the wo
AIR CANADA EXPANDING ITS SERVICE
Edwin Unsworth |
Air Canada, which currently operates a weekly freighter service between Brussels and Singapore and H
AIR JAMAICA POSTS INCREASE IN PROFITS
Canute James |
An increase in its passenger loads at several U.S. airports has improved Air Jamaica's operating pro
TRANSPORT EARNINGS
JOC Staff |
Greyhound Profits Decline for YearPHOENIX, Ariz. - Greyhound Corp. reported fourth-quarter n
UP REVAMPS COMPUTER SYSTEM
Kevin D. Thompson |
Union Pacific Railroad is giving its automated train control systems a $38 million face-lift and is
PRETORIA STEPS IN TO KEEP RAIL RUNNING
(Ap) |
South African railway employees began operating transport trains from the Botswana border to Mafekin
TRAFFIC BRIEFS
From Wire and Staff Reports |
William Harris Receives Transportation AwardThe Transportation Research Forum has conferred
RAIL PINS HOPES ON NATIONAL STEEL
Andrea Chancellor |
The Chicago South Shore and South Bend Railroad believes National Steel Corp. will grow to become it
VW DO BRASIL BEGINS TRUCK SHIPMENTS TO US
James Bruce |
Volkswagen do Brasil began regular shipments of medium-weight truck tractors to the U.S. and Canadia
ANTI-LOCK PLAN IN LIMBO LIABILITY PROBLEMS WORRY MANUFACTURERS
Michael S. Lelyveld |
The new wave of interest in anti-lock brakes in the trucking industry has some manufacturers worried
PLASTICS CORNER VALUE OF SHIPMENTS INCREASES IN RESPONSE TO HIGHER DEMAND
Journal of Commerce Staff |
Industry shipments of plastics in 1986 gained 6.3 percent (in 1982 dollars) as volume rose in respo
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