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ECONOMISTS SAY WEAKER DOLLAR NEEDED TO NARROW TRADE GAP
Knight-Ridder Financial |
The U.S. current account deficit is unlikely to narrow further without a ''substantial dollar deprec
STEEL'S ROLLER COASTER LEAVES SHIPS HANGING
John Boyd |
When the so-called voluntary restraint agreements limiting steel imports expired at the end of March
CRB FUTURES OUTLOOK - SUSAN BUCHANAN TIGHT US WHEAT SUPPLIES MAY HIKE PRICES AFTER HARVEST
Susan Buchanan |
The wheat market has come under some seasonal pressure this month as the winter wheat harvest picks
MOBIL CHEMICAL EXPANDS PLANT TO HANDLE RECYCLED SACKS
Journal of Commerce Staff |
Mobil Chemical Co.'s Commercial Recycling Division is expanding operations at its Jacksonville, Ill.
NAFTA TALKS SAID TO YIELD TRUCKING AGREEMENT PACT WOULD EASE OWNERSHIP RULES
Kevin G. Hall |
Negotiations over a North American free-trade agreement apparently have yielded a tentative agreemen
CALIF. PORTS, AIRPORTS UP IN ARMS OVER MOVE TO PLUG BUDGET GAP
Allen R. Wastler |
California ports and airports, their economic survival at stake, are going all out this week to kill
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 22, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 19, 1992CRUDE OIL(1,000 barrels; dollars and cents
ALASKAN SHIPPERS PURSUE ARCTIC ROUTE TO RUSSIA
John Davies |
A delegation of Alaskan shippers interested in moving cargo to Europe through the Arctic waters nort
Maritime
STATE-OWNED SYSTEM SOURS RUSSIAN MILK TRUCKER
Duncan Robinson |
Dimitri Khopreninov is waging a battle against sour milk. Mr. Khopreninov, director of Avtoc
TACA BLOSSOMS INTO MAJOR CARRIER IN CENTRAL AMERICA
William Armbruster |
An emerging powerhouse in Central American aviation is about to add another important link to its ch
FRENCH OFFICIAL BLAMES US FOR CIVIL AVIATION ROW
Barbara Casassus |
A top French official blamed the Bush administration Monday for the brewing dispute over financing f
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
CONRAIL EASEMENT BLOCKS GROWTH OF "BIOTECH PARK' IN MASSACHUSETTS
Michael S. Lelyveld |
Plans to make a new "biotech park" out of Consolidated Rail Corp.'s Beacon Park intermodal yard will
BIG US PORTS TRY TO KEEP BREAKBULK CARGO "IN THE MIX'
Chris Dupin |
Breakbulk cargo is the lifeblood of most small ports, but even at large container ports, it is an im
SOUTH AFRICAN MARKETS PLUNGE FOLLOWING CANCELLATION OF TALKS
(Reuter) |
Financial markets plunged Monday in reaction to Nelson Mandela's cancellation of a session of democr
DOLLAR DRIFTS DOWNWARD IN A NERVOUS MARKET
Knight-Ridder Financial |
The U.S. dollar drifted broadly lower Monday, except against the yen, as the New York Stock Exchange
WEAK MARKET SENDING RATES INTO TAILSPIN
Alice Cantwell |
Ben Butler recalls that, a few years ago, a contract carrier that handled breakbulk shipments "could
SPOT COMMODITIES
JOC Staff |
June 22, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
COMMODITY BRIEFS
Wire and Staff Reports |
CANADIANS SAY RUSSIA BUYING MORE GRAINOTTAWA - Canada's latest grain deal with the R
HIGH COURT WON'T REVIEW BANK LIABILITY CASE
(Reuter) |
The U.S. Supreme Court, in a case of major importance for the international banking system, declined
JORDAN DOWNPLAYS RIFT WITH US, DENIES SMUGGLING GOODS TO IRAQIS
Leila Deeb |
Officials here are playing down reports of a fresh crisis in U.S.-Jordan relations over allegations
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
TAIWAN COTTON SPINNERS PURSUE DUMPING CHARGE AGAINST PAKISTAN
Knight-Ridder Financial |
The Taiwan Cotton Spinners Association has decided to go ahead with an accusation against Pakistan f
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 210.10 up 0.16 which compares wi
CORRECTION
JOC Staff |
In the story "Mass. May Fight EPA Ruling on Use of Oxygenated Gasoline," on Page 7B June 15, the ref
KY. SENATOR SEEKS CHANGE IN NATIONAL COAL TAX PLAN
Tim Sansbury |
Sen. Wendell Ford, D-Ky., wants to alter significantly the industrywide coal tax the Senate Finance
AIRLINE STOCKS COULD BE GOOD BUYS, ANALYSTS SAY
Steve Kaufman |
Depressed airline stocks have caught the eye of savvy, bargain-conscious investors. With the shares
FOAM "BEDS' MAY LIMIT RUNWAY ACCIDENT RISKS
Tony Seideman |
The Federal Aviation Administration is exploring the use of giant beds of foam to reduce damage to a
RANSPORT BRIEFS
Wire and Staff Reports |
EC MINISTERS NEAR OPEN-SKIES PACKAGEEuropean Community transportation ministers were within
STOCK DIP IN JAPAN RAISES CAPITAL ISSUE FOR BANKS
Journal of Commerce Special |
Tokyo stock prices plunged to the six-year low of less than 16,000 on Monday, raising serious doubts
US SENDING MIXED SIGNALS ON IMF-RUSSIA NEGOTIATIONS STATE, TREASURY APPEAR AT ODDS
Edward Kean |
U.S. officials appear divided on whether the International Monetary Fund is being too stringent in i
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SERVICES HELD IN MINN. FOR RETIRED ST. PAUL CHIEF
Wire Reports |
Services were held Monday in West St. Paul for Robert J. Haugh, retired chairman, president and chie
LLOYD'S OF LONDON WON'T RELEASE GLOBAL RESULTS FOR 1989 UNTIL JULY
Janet Aschkenasy |
Lloyd's of London will not release global results for 1989 until next month, a Lloyd's spokesman sai
INSURANCE BRIEFS
From Wire and Staff Reports |
HIGH COURT TO HEAR BENEFITS DISPUTEWASHINGTON - The Supreme Court agreed Monday to r
UK'S BIMCOM SERVICES REBOUNDS FROM IRA BLAST EXECUTIVES HAIL CONTINGENCY PLAN
Janet Porter |
The last two staff had locked up Bimcom's London office and left the premises around 7 p.m. Friday.
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 22, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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