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Commentary
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CHEMICAL EARNINGS
From Wire and Staff Reports |
Hoechst Income Rose 19.5 percent in QuarterSOMERVILLE, N.J. - Hoechst AG, the West German-ba
TOP US CHEMICAL IMPORTS
JOC Staff |
For February 1988 vs. February 1987 (In Metric Tons - Via Ocean)Rank CommodityFeb. 8
PEOPLE - TRANSPORT
From Wire and Staff Reports |
BURLINGTON NORTHERN RAILROAD (Fort Worth, Texas) - Brooks A. Bentz was named assistant vice presiden
Rail News
MARKET POTENTIAL FOR INSURERS VAST IN THE MIDDLE EAST
Josh Martin |
When most insurance industry analysts look at the Middle East, they think of the high premiums charg
BRAZIL BACKS EXTENSION OF 1983 COFFEE ACCORD
Amire Amirani |
Brazil favors the extension of the current 1983 Internation Coffee Agreement and will only accept re
WEAKER ALUMINUM PRICES NOT EXPECTED TO HURT AMAX
Journal of Commerce Staff |
Hefty gains in aluminum prices are drawing to an end, and prices are expected to decline through the
PORK, BEER OUTLOOK FOR CHINA MAY SPUR IMPORTS OF GRAIN
(Ap) |
More beer and fewer pork chops are what the future holds for the average Chinese, the Department of
Maritime
TWO BOOSTER JOINTS PASS NASA TEST
(Ap) |
Preliminary results show that two of three joints on the redesigned space shuttle booster rocket did
CHINA MAY EXPORT LESS COAL, IMPORT MORE
P.T. Bangsberg |
While China has closed the gap between its coal supply and demand inrecentyears, it is likel
MARITIME BRIEFS
From Wire and Staff Reports |
Tenneco Inc. Reports Bigger Quarterly ProfitTenneco Inc., the parent of Newport News Shipbui
Maritime
MAERSK BEGINS ATLANTIC SERVICE
Leo Ryan |
The Maersk Line has thrown out the gauntlet to competitors with the inauguration of a trans-Atlantic
Maritime
CHEMICAL MARKETS ANTI-OXIDANT MART EXPECTED TO GROW
Journal of Commerce Staff |
U.S. sales of anti-oxidants are projected to grow 6.1 percent a year to $725 million in 1992, said A
STUDY URGES FRAMEWORK FOR GLOBAL FARM TRADE
Keith M. Rockwell |
The world's major trading countries need a framework for global agricultural trade by next year if c
IRAQI BOMBS HIT IRANIAN REFINERY
(Ap) |
Iraqi warplanes bombed an Iranian oil refinery and a petrochemical complex Wednesday and Iran claime
WORLD TODAY
From Wire and Staff Reports |
Move Isn't Expected To Help Trade BillA congressional move to strip an Alaskan oil export co
SANCTIONS BILL TARGETS COAL, OIL DEVELOPERS
Tim Sansbury |
A South Africa sanctions bill approved by the House Foreign Affairs Committee Tuesday threatens to p
TRANSPORT CALENDAR
JOC Staff |
International Animal Transportation Conference, May 8-11, 1988, Amsterdam, The Netherlands. Contact:
Rail News
PEOPLE - FINANCIAL
Wire and Staff Reports |
AMERICAN EXPRESS CO. (New York) - Takashi Hosomi was named a special adviser to James D. Robinson II
CHINESE SUGAR BUYING LOSES POWER ON FUTURES
Jacqueline Kosko |
World sugar futures traders here generally ignored recent news of Chinese purchases of raw sugar fro
BUNDESBANK TO SPELL OUT CONDITIONS OF EC UNITY
Knight-Ridder Financial |
The Bundesbank will not change its assessment of European monetary issues or relax the firm precondi
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -1.32
HONG KONG PANEL STUDYING BRAIN DRAIN
P.T. Bangsberg |
A special government task force is beginning a detailed study of emigrationfrom the colony -
Maritime
CLOUDS LIFT FOR NAVIERAS LINE AFTER FIRST PROFIT IN 12 YEARS
Craig Webb |
Navieras de Puerto Rico, the government-owned shipping line, has recoveredfrom its days as a
CHINA TO OFFER SEVERAL PROJECTS FOR US PARTNERS
Cristina Lee |
A large contingent of Chinese business leaders will arrive in Washington on May 10 with more than 40
MARITIME BRIEFS
From Wire and Staff Reports |
Polish Yard Workers Withdraw Key DemandGDANSK, Poland - Striking shipyard workers on Wednesd
Maritime
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 |
Metco Increases Modifier PricesRAHWAY, N.J. - Metco North America Inc., a joint venture of M
HONG KONG GETS NEW CRANES
P.T. Bangsberg |
With containerized traffic continuing to grow, two of Hong Kong's terminal operators are investing m
Maritime
DOLLAR TRADES MIXED IN LACKLUSTER TRADING
Knight-Ridder Financial |
The U.S. dollar was narrowly mixed Wednesday in lackluster trading as dealers awaited fresh incentiv
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Midwesterners Seek New Textile Trade ActOMAHA, Neb. - More than 60 representatives from 36 a
Maritime
STEEL IMPORTERS GRAPPLE WITH RESTRAINT PACTS
Bill Mongelluzzo |
West Coast steel importers are being warned to expect that the voluntary restraint agreements on for
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
Northeast Utilities Seeks to Spin Off UnitHARTFORD, Conn. - A plan to spin off Connecticut L
SEATTLE CONTINUES SEARCH FOR DIRECTOR TO REPLACE DWYER
John Davies |
With advice from a citizen's panel that it may not find the best new port director for $96,660 a yea
Maritime
KELLY TO RETIRE AS CHIEF OF DELAWARE RIVER GROUP
Gloria Joseph |
James R. Kelly announced he will retire next January as president of the Delaware River Port Authori
Maritime
GATT DELAYS ACTION ON TAX RETALIATION
Knight-Ridder Financial |
The General Agreement on Tariffs and Trade Wednesday postponed action until mid-June on a European C
COAST GUARD STUDIES TIGHTER PILOT RULES
TOM McNIFF |
The U.S. Coast Guard plans hearings on a proposal to stiffen federal licensing requirements for the
Maritime
THATCHER URGES INTEREST IN CITIES
(Ap) |
Prime Minister Margaret Thatcher Tuesday urged closer contacts between businessmen and local people
INSURANCE EARNINGS
From Wire and Staff Reports |
Reliance Group Posts Drop in Net IncomeReliance Group Holdings Inc. Wednesday reported that
HMO ENROLLMENT FALLS AS BANKRUPTCIES JUMP
Chicago Tribune |
The number of Americans enrolled in health maintenance organizations in 1987 increased by the smalle
CHANCES DIM FOR CALIF. ASSEMBLY TO BLOCK BALLOT COVER INITIATIVES
(Ap) |
Chances of the Legislature passing insurance reform to block a quartet of proposed November ballot i
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