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US GAS INDUSTRY DERIVES BENEFITS FROM ENERGY POLICY ACT OF 1992
John N. Frank |
The U.S. natural gas industry came out a winner in the Energy Policy Act of 1992, passed in the wani
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Oct. 20, 1992 Prevailing sellers' posted prices at the close of business, representi
LABOR REFORMS PROVIDE IMPETUS FOR DUNKIRK TO RENEW US LINKS
Alice Cantwell |
The Port of Dunkirk is making an effort to re-establish direct calls between the North Sea port and
Maritime
SOME MAJOR EXECUTIVES BACK BUSH BUT SEE TOUGH TIMES ON HEALTH CARE
From Wire Reports |
Chief executives of some of the nation's largest insurance companies strongly supportPresident Bush'
RUBLE HITS NEW LOW AGAINST THE DOLLAR
JOC Staff |
The ruble tumbled to a record low against the dollar on Moscow's tiny Interbank Currency Exchange (M
JUDGE DELAYS RULING ON FIRM'S BID TO RECOVER FUNDS FOR IRAQI CONTRACT
John Maggs |
A federal judge Tuesday postponed for two months a decision on whether the Bush administration has u
BRAZIL EXPECTED TO HONOR AGREEMENT WITH THE IMF
Knight-Ridder Financial |
Acting President Itamar Franco will honor an accord signed with the International Monetary Fund in F
AFRICA SHOULD ADOPT JAPANESE MODEL FOR DEVELOPMENT, AUTHOR ADVISES
(Reuter) |
Japan, not Western capitalism or communism, is the only model for Africa to follow to escape poverty
MICROSOFT EXECUTIVE SEES RAPID GROWTH AHEAD IN PACIFIC RIM
John Davies |
Sales of U.S.-made personal computer software to Pacific Rim countries will explode in the next few
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
REPORT SAYS JOINING EC WOULD BENEFIT AUSTRIABRUSSELS, Belgium - Membership of the European C
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1060 (Oct. 20, 1992) Previous day - 1055 The Baltic International Freight Futures Market in
Maritime
CHINESE PAPER WARNS AGAINST CRADLE-TO-GRAVE WELFARE SYSTEM
(Reuter) |
China's Communist Party newspaper served notice Tuesday that a cradle-to- grave system of worker wel
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 20, 1992Brent Crude Oil - (Dollars Per Barrel)
TRADE BRIEFS
From Wire and Staff Reports |
FOOD PROJECTS TO AID EX-SOVIET COUNTRIESBRUSSELS, Belgium - The European Commission
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Oct. 20, 1992 Copper Total, 58,168. Gold Total, .1,777,971.Silver Tot
COMMODITY BRIEFS
From Wire and Staff Reports |
TAIWAN SOYBEAN IMPORTS EXPECTED TO EDGE UPTAIPEI, Taiwan - Taiwan's soybean imports for this
REINSURANCE ASSOCIATION CHIEF URGES EARTHQUAKE PROGRAM
From Wire Reports |
While the insurance industry is holding up in the aftermath of hurricanes Andrew and Iniki, it might
ANDREW LOSSES COULD FORCE RELIANCE SALE
(Reuter) |
American Reliance Group Inc. said Tuesday it was considering ways to raise capital including a possi
FUTURES BILL RESTORES STABILITY TO INDUSTRY
Peter M. Tirschwell |
Oct. 19, 1987, was not a good day for the futures industry. In the aftermath of that notorio
ARGENTINA SEEKS BIDS ON BUENOS AIRES TERMINALS OFFER PART OF PLAN TO PRIVATIZE PORTS
Alice Cantwell |
Argentina, which is ending state control of its ports as its economy recovers under President Carlos
Maritime
WILHELMSEN RECORDS FALL IN PROFIT
Journal of Commerce Staff |
The Norwegian shipping group Wilh. Wilhelmsen Ltd. Monday announced a lower profit for the first eig
Maritime
ALASKA AIRLINES TO OFFER SERVICE TO VLADIVOSTOK TRAVEL TO RUSSIA GROWS IN POPULARITY
Gregory S. Johnson |
Eyeing the hardy adventure traveler who doesn't mind an absence of world-class hotels, Alaska Airlin
JAPAN, EC TO DISCUSS WAYS TO CUT SURPLUS FAVORING TOKYO
A.E. Cullison |
Japanese and European Community negotiators expect to meet in January to discuss ways to reduce Japa
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Oct. 20, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ARMY CORPS SETS STAGE FOR FORMATION OF COLUMBIA RIVER DREDGING GROUP
John Davies |
A study released Monday by the Army Corps of Engineers should clear the way for seven ports in Washi
Maritime
GASOLINE PRICES
JOC Staff |
Oct. 20, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago10/20 10/19 Change % Change: 9/24
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
MARITIME BRIEFS
Wire and Staff Reports |
NEW VESSEL IS ADDED TO USS-POSCO'S FLEETPITTSBURG, Calif. - USS-Posco Industries Inc
Maritime
CBT GETS NOD ON ELECTRONIC TRADING SYSTEM
Knight-Ridder Financial |
The Commodity Futures Trading Commission Tuesday approved the Chicago Board of Trade's Project A sys
FUTURES TRADERS PIN THEIR HOPES ON "NEW TECH'
Howard Simon |
Globex, Project A, Access. These are names of the most prominent new trading modes futures players a
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
SLIGHT RISE IN COSTS WOULD THREATEN BOSTON DREDGING PROJECT, OFFICIAL SAYS
Michael S. Lelyveld |
A cost increase of as little as $3 million could kill a Boston dredging project that has been planne
Maritime
MOODY'S DOWNGRADES SCL DEBENTURES
Knight-Ridder Financial |
Moody's Investors Service has lowered the subordinated debenture ratings of Sea Container Ltd. to "B
DOLLAR SOARS ON ECONOMIC NEWS, HINTS OF GERMAN RATE CUTS
Journal of Commerce Staff |
The U.S. dollar soared Tuesday against major currencies as positive U.S. economic news and new indic
DUTCH SURPLUS IN TRADE FALLS
Knight-Ridder Financial |
Dutch imports and exports declined in August, resulting in a trade surplus of 300 million guilders (
GENERAL DYNAMICS DIVISION SLASHING WORK FORCE BY 40 PERCENT
(Reuter) |
General Dynamics Corp. Tuesday said it was slashing the work force at its Convair unit by 40 percent
CAROLINA FREIGHT AND ARKANSAS BEST JOIN ROADWAY IN SLATING PRICE INCREASES
Dane Hamilton |
Two more major trucking companies announced they would raise their freight rates for 1993, following
FORWARDER SEES FREIGHT RATE HIKES AS A MEANS OF FILLING PLANES
Lawrence H Kaufman |
A leading air forwarder called for higher air freight rates Tuesday at the International Air Cargo F
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