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SDR RATES
JOC Staff |
The official IMF dollar rate for the special drawing right as measured by a basket of currencies den
POWER STRUGGLE IN HONG KONG THREATENS STOCK MARKET REFORM
(Reuter) |
A power struggle between the Hong Kong government and the stock exchange threatens efforts to reform
BUSINESS IN TODAY'S NEWS
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
SPEARHEAD STREAMLINES STORAGE SYSTEM
Gregory S. Johnson |
A year ago, Spearhead Industries Inc. handled its bulk shipments the old- fashioned way: manually.
Transport, Trade and Regulation News
ANTARCTIC FUEL OIL SPILL CREATES 'THE EXPERIMENT NOBODY WANTED'
(Ap) |
After decades of studying wildlife in an unspoiled area of Antarctica, scientists have begun a new,
Maritime
WORLD TODAY
Wire and Staff Reports |
EC COMMISSION MOVING TO ABOLISH TAX HAVENSThe European Community Commission will propose mea
ARE CALIF. CLEAN AIR RULES A PORTENT FOR OTHER AREAS?
Bill Mongelluzzo |
When it comes to clean air standards, truckers in other states are thankful they do not face the str
Trucking News
ALBERT L. KRAUS - MARKETS & MONEY
Albert L. Kraus |
''ASK NOT WHAT YOUR COUNTRY can do for you; ask what you can do for your country." John F. Kennedy'
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SPOT PRODUCT PRICES
JOC Staff |
Feb. 6, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon, f
US EXPORTERS GET LESS AID THAN FOREIGN COMPETITORS
William Armbruster |
Other countries do much more to nurture new exporters at each phase in the process, according to a d
Maritime
WORKING RIG COUNT FALLS BY 17 TO 780
(Ap) |
The number of working oil and natural gas rigs dropped last week by 17 to total 780 as the count con
ENERGY BRIEFS
From Wire and Staff Reports |
PP&L RETAIL SALES ROSE ABOUT 6 PERCENT IN '88ALLENTOWN, Pa. - Pennsylvania Power & Light Co.
GERMANS CUT TRADE SURPLUS WITH US
JOC Staff |
West Germany's trade surplus with the rest of the world may be widening, but its surplus with the Un
TANKER PROFITS TOO LOW TO JUSTIFY BUILDING OF NEW SHIPS, STUDY SAYS
Janet Porter |
Tanker owners cannot afford to replace their aging vessels until earnings recover further, according
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
CARBIDE TO PHASE OUT RESINS AT W.VA. PLANTUnion Carbide Corp. said it was closing down solut
NEW INTERNATIONAL SHIPPING REGISTRY LIFTS SPIRITS OF NORWAY'S SHIPOWNERS
Helen Chang |
Ancient stories told of Vikings sailing to the New World. Today many see a new world for Nor
Maritime
COMPAQ LOWERS DESKPRO PRICES
Journal of Commerce Staff |
Compaq Computer Corp. is reducing resale price of its highly successful Compaq Deskpro 386s product
TRAFFIC BRIEFS
From Wire and Staff Reports |
TRUCK DRIVING SCHOOL BANNED FROM AID ROLEThe U.S. Department of Education banned Superior Tr
Trucking News
BRITISH AIRWAYS EYES FREIGHTER POSSIBILITIES
Journal of Commerce Staff |
Booming airfreight business between the Far East and Europe is persuading British Airways to reconsi
Air Cargo
COMMODITY BRIEFS
Wire and Staff Reports |
US CONSERVATION PLAN PROCEEDING ON SCHEDULEThe U.S. Department of Agriculture Monday said th
RISING US INVENTORIES LIMIT ADVANCE IN PRICES OF COTTON
Susan Buchanan |
Cotton futures have gradually advanced in recent months, after having been fairly low priced last Au
US OFFICIALS MEET TODAY TO DISCUSS DROUGHT
Knight-Ridder Financial |
Representatives of the U.S. Department of Agriculture and other Bush administration cabinet agencies
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of 2/4/89* Fully Utilized Textile Quotas as of 2/4/89
Maritime
HONG KONG SHOWS CHINESE THE INS AND OUTS OF CAPITALISM
Ronald E. Yates |
In eight years, when the British crown colony of Hong Kong is turned over to the communist governmen
Maritime
S. CALIF. PORT IMPORT GROWTH SURPRISES SOME
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach handled 4 percent more containers of imported cargo in 1988
Maritime
FED CHARTS COURSE FOR RATES, GROWTH
John Boyd |
Top Federal Reserve officials huddle in Washington today and Wednesday to decide their broad monetar
PHILIPPINE LINE DOUBLES PROFIT
P.T. Bangsberg |
The principal state-owned maritime carrier of the Philippines more than doubled net profit last year
Maritime
CENTRAL BANK SELLING SAPS DOLLAR'S STRENGTH
Knight-Ridder Financial (AP) |
The U.S. dollar declined slightly Monday in meandering trading after a round of joint central bank i
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
IMPORT BRIEFS
Wire and Staff Reports |
KELLWOOD TO ACQUIRE SAIPAN MANUFACTURERSST. LOUIS - Kellwood Co., manufacturer and marketer
Maritime
UNIONS SAY REGISTRY HAS TAKEN JOBS AWAY FROM NORWEGIANS
Helen Chang |
While shipowners praise the Norwegian International Ship Registry, labor leaders in Norway say it ha
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
MEXICO, US TO SCRAP $3.5 BILLION LOAN PACTMEXICO CITY - Mexican and U.S. authorities have de
USPS PRICE CUT BOOSTS VOLUME OF EXPRESS MAIL
Paula Mate |
The volume of express mail handled by the U.S. Postal Service increased 20 percent during its first
Air Cargo
SNAKE GIVES ASIAN FORECASTERS MIXED SIGNALS
(Reuter) |
Fortune tellers were doing a roaring trade as Asia awaited the arrival of the Year of the Snake.
Maritime
INDIVIDUALISM IMPEDES MAINE'S SEA FOOD SALES
TOM McNIFF Jr. |
Down East Mainers who make their living from the sea are by tradition an independent lot. But one ai
Transport, Trade and Regulation News
NEW REGULATIONS DUE ON REINSURERS' REPORTS
Journal of Commerce Staff |
Insurers will face new financial reporting requirements in 1990 that will affect how they report rei
DELEGATES HOPE TO 'SELL' SEAWAY
WILLIAM DiBENEDETTO |
One says simply, "It's a matter of survival," while another asserts it is a chance to be "evangelist
Maritime
IRS TO OFFER TAXPAYERS ELECTRONIC FILING OPTION
Bonny Shonkwiler |
That bastion of paperwork, the Internal Revenue Service, is taking a giant step into the computer ag
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