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COMMODITY BRIEFS
From Wire and Staff Reports |
IMPERIAL, HUNT-WESSON SET TOMATO VENTUREWILMINGTON, Del. _Imperial Chemical Industri
AIRBORNE EXPRESS TO POST 2ND-QUARTER NET LOSS
Mark B. Solomon |
In the most striking example yet of the price wars roiling the air express industry, Airborne Expres
MOODY'S UPGRADES RATINGS ON PHILADELPHIA AIRPORT BONDS
JOC Staff |
Moody's Investors Services has raised the rating on the city of Philadelphia's Airport Revenue Bonds
NORTHWEST AIRLINES DISPUTES REPORTS OF SHAKY FINANCES CARRIER SOUND, PRESIDENT SAYS
Bernie Shellum |
Northwest Airlines will have no trouble making interest payments on its debt despite recent fare war
THERMO KING SELLS REEFER UNITS
Journal of Commerce Special |
Thermo King Europe has signed a deal to deliver 30 truck refrigeration units to a trucking company i
CORRECTION
JOC Staff |
New York City plans to spend $20.8 million on the coming Democratic Party convention, including $5.9
EUROPEAN ENDORSEMENT CREATES DOLLAR RALLY
Knight-Ridder Financial |
The U.S. dollar rallied Thursday after a German finance official endorsed a strong dollar and a Fren
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
JAPANESE COUNT ON BUSH TO VETO AUTO CONTROLS
A.E. Cullison |
Key Japanese automobile executives leaders said Thursday they are counting on President Bush to veto
Maritime
SHIP FIXTURE BREAKDOWN
JOC Staff |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
MEXICO PROPOSES FISCAL REFORMS IN EFFORT TO STIMULATE INVESTMENT
(Reuter) |
A "Law to Simplify Various Fiscal Dispositions," now before the Mexican Congress, proposes wide-rang
Maritime
IMPORT LEADS
JOC Staff |
MANUAL HAND TOOLS Pliers, wrenches and tool kits. Contact Kuang Yuang Industrial Co., 13 Jen
Maritime
AFRICA CITED AS OBSTACLE TO GLOBAL COCOA AGREEMENT
Elizabeth Herrington |
Brazil cocoa market participants entertain some hope a new International Cocoa Agreement will be dra
S. KOREA REFINERS TO HALT NAPHTHA EXPORTS
Knight-Ridder Financial |
A change in government policy has forced South Korean refiners to halt their exports of naphtha, reg
COURT SETS RESPONSE DATE FOR TEXAS INSURANCE BOARD
Brigitte Maxey |
A state District Court gave the Texas Insurance Board until July 27 to respond to a recent court fil
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
DAEDALUS TO DESIGN TRUCK CAB
From Wire Reports |
Daedalus Inc. will extend its expertise in the design of jet aircraft flight decks to developing an
JUDGE ORDERS GARBAGE MOVED
(Reuter) |
A judge has ordered tons of rotting garbage from New York City stranded on a rail siding since June
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
BALTIC FREIGHT INDEX
JOC Staff |
1057 (July 9, 1992) Previous day - 1053 The Baltic International Freight Futures Market in L
Maritime
MARITIME CALENDAR
JOC Staff |
Port of Oakland Offers Free Harbor Boat Tours. The 90-minute tours will be given twice each Thursday
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 9, 1992 Prices in the spot chemicals table include spot quotations or list prices
NEW HONG KONG CHIEF VOWS FIRM CHINA STANCE
P.T. Bangsberg |
As a 17-gun salute reverberated off the skyscrapers and a shaft of sunlight pierced the clouds, Chri
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
July 9, 1992 Copper Total, 31,907. Gold Total, .1,616,323.Silver Tota
JUDGE OKS AMERICAN'S BID FOR TWA SLOTS AT O'HARE
John Boyd |
A federal bankruptcy court judge Thursday approved the sale of 40 Trans World Airlines Inc. landing-
COST OF CREDIT
JOC Staff |
Thursday, July 9, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
US CHARGES NICARAGUA BANKS KNOWINGLY MADE BAD LOANS
Tim Johnson |
The government of President Violeta Chamorro is facing charges that tens of millions of dollars have
PEOPLE - TRANSPORT
Wire and Staff Reports |
HUB GROUP (Chicago) - David P. Holmes was named director of national accounts of this shipper agent.
PORT CHIEF TOUTS TRANSSHIPMENT AS KEY TO BOOSTING S. FLA.'S LATIN TRADE TIES
Alice Cantwell |
Trade with Latin America already accounts for about 75 percent of the traffic flowing through South
Maritime
EXPORT ABCS - HENRY A. SAMUEL KEY QUESTIONS MUST BE ANSWERED IN PICKING REPRESENTATIVE ABROAD
Henry A. Samuel |
Q: What should an exporter consider in order to appoint the best possible sales representative for a
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 8, 1992CRUDE OIL(1,000 barrels; dollars and cents
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 9, 1992Residual Fuel Oil - (Dollars Per Metri
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 9, 1992Brent Crude Oil - (Dollars Per Barrel)_
AUSTRALIAN FIRM POISED TO EXPORT CITRUS TO US
JOC Staff |
Riversun Export Group Ltd., newly formed by the major packers and exporters in South Australia and S
Maritime
GASOLINE PRICES
JOC Staff |
July 9, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 205.75 up 0.47 which compares
GOLD DEALERS DIVERSIFY INTO BASE METALS, OIL
(Reuter) |
Leading bullion houses are diversifying into the base metals market because of a slump in the gold b
CHEMICAL BRIEFS
From Wire and Staff Reports |
WITCO IN TALKS TO BUY SCHERING AG DIVISIONWitco Corp., a specialty chemicals producer based
MARITIME BRIEFS
Wire and Staff Reports |
HOUSE DEBATES BILL CUTTING DOT FUNDINGWASHINGTON - The House of Representatives spen
Maritime
FLORIDA SUGAR INDUSTRY NEARS FULL MECHANIZATION
(Reuter) |
Pressed by lawsuits on behalf of low-paid migrant workers, Florida's big sugar growers have found a
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