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INSURANCE BRIEFS
From Wire and Staff Reports |
ECS EASES REQUIREMENT FOR POLLUTION COVERAGEEXTON, Pa. - ECS Underwriting Inc., mana
MEXICO ACCEPTING EXPANDED ROLE FOR US DOLLAR NATION TO SCRAP EXCHANGE RULES
(Reuter) |
Mexico is cutting back red tape on foreign exchange deals, accepting a greater role for the dollar i
ALGERIA'S ECONOMIC PLAN WEAK ON ANSWERS
Mona Megalli |
The Algerian government's ambitious plan to revive an economy nearly strangled by debt invites more
BATON ROUGE PORT GROUP ELECTS OFFICERS
Journal of Commerce Special |
Lawrence Noel III was elected president of the Greater Baton Rouge PortCommission for 1992-1
Maritime
PRESTON LOSS IMPROVED IN QUARTER
Journal of Commerce Staff |
Preston Corp., a truck holding company, said it incurred a loss of $533,000 in the first quarter of
COST-CUTTING, SALES OF USED VEHICLES HELPED RYDER TURN A PROFIT IN QUARTER
Journal of Commerce Staff |
Ryder System reported first-quarter net earnings of $17.4 million, or 20 cents a share, compared wit
AUTHORITIES PURSUE ASIAN SOFTWARE PIRACY RING COUNTERFEITERS COPY HOLOGRAM
P.T. Bangsberg |
Software piracy investigators say they have caught key members of a three- nation ring that counterf
COMMODITY BRIEFS
Wire and Staff Reports |
GUATEMALA TO INCREASE JAPANESE COFFEE SALESGuatemala aims to increase its coffee sales to Ja
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 22, 1992Bid AskedCopper_
TRADING WITH JAPAN LEISURE-RELATED US EXPORTS PLAY WELL WITH JAPANESE
Kenneth Wolf |
The Japanese generally are thought of as a people who live to work, but U.S. exporters are finding t
US CARPET MAKERS INTEND TO FIGHT CANADIAN DUTY
Peter Morton |
U.S. carpet manufacturers wasted little time in vowing to fight a 12 percent duty to be levied on ca
Maritime
HONG KONG BILL DEFENDED AS PROTECTING US INTERESTS
P.T. Bangsberg |
U.S. business is key to a legislative effort to protect "real capitalism and free-market economics"
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
INDIA ALUMINUM OUTPUT SEEN TO HIT RECORD HIGHNEW DELHI, India - India's aluminum production
CHEMICAL BRIEFS
From Wire and Staff Reports |
DOW CHEMICAL REPORTS 1ST-QUARTER PROFITS DROPDow Chemical Co. Wednesday reported first-quart
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 22, 1992 Prices in the spot chemicals table include spot quotations or list price
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended4-17 4-10
TOYOTA SPURNS REQUEST TO MAKE BID FOR BRITAIN'S ROLLS-ROYCE MOTOR CARS
(Reuter) |
Toyota Motor Corp. has rejected a request to make a bid for British luxury carmaker Rolls-Royce Moto
Maritime
MERCHANDISE TRADE DEFICIT FELL IN '91, JAMAICAN BANK REPORTS
Knight-Ridder Financial |
Jamaica recorded a merchandise trade deficit of US$602.0 million in 1991, down $118.3 million from t
CONSOLIDATED FREIGHTWAYS LOSS NARROWED IN FIRST QUARTER
Mark B. Solomon |
Consolidated Freightways Inc. reported a $3.7 million net loss in the first quarter, $11.1 million l
US MAY BUY ATTACK SUB FROM EX-USSR
(Reuter) |
The Commonwealth of Independent States has offered to sell the U.S. Navy a nuclear-powered Victor II
Maritime
GASOLINE PRICES
JOC Staff |
Apr. 22, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded Mid-
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300per ton lots & in wareho
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago4/22 4/21 Change % Change: 3/31
SPOT COMMODITIES
JOC Staff |
Apr. 22, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
NYC INSURANCE-BUYING PRACTICES NEED REFORM, COMPTROLLER SAYS CITYWIDE STANDARDS COULD CUT COSTS
Margo D. Beller |
The financially strapped city of New York could save millions of dollars by establishing one citywid
INSURANCE COMPANIES RESTRICT BREAST IMPLANT COVERAGE
Dallas Morning News |
Once silicone breast implants became a part of Sonia Hill's body, the 44-year- old Dallas woman said
SEATTLE SEEKS INVESTORS FOR PORT DEVELOPMENT
JOC Staff |
The Port of Seattle is seeking developers and investors - in both the United States and throughout t
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
GROUP LOOKS TO BOOST NATURAL GAS DEMANDHOUSTON - Natural gas companies operating in
ADMINISTRATION SETS AGENDA FOR NATIONAL ENERGY POLICY
Tim Sansbury |
Congress doesn't return to Washington until next week, but the Bush administration already has taken
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Apr. 22, 1992 Prevailing sellers' posted prices at the close of business, represen
STEVEDORE PLAN MAY GIVE LIFE TO DORMANT NY BOX TERMINAL
Alan Abrams |
The New York-area port community is buzzing with talk that three veteran stevedoring executives have
ROOTLIEP WORRIES EC WILL VETO ATLANTIC PACT
Janet Porter |
Hendrik Rootliep, chairman of Royal Nedlloyd Group's executive board, is concerned that the European
Maritime
SEA-LAND REPORTS DROP IN OPERATING INCOME
Erich E. Toll |
Sea-Land Service Inc.'s operating income dropped about 67 percent in the first quarter to $7 million
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
TWA REPORTS GAINS IN CARGO TRAFFICMOUNT KISCO, N.Y. - Trans World Airlines reported
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 22, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
FREIGHT RATE FUTURES
JOC Staff |
Apr. 22, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ARBITRATORS RESOLVE DISPUTES ON IN-TRANSIT LOSSES
Peter D. Clark |
Oil is internationally bought and sold by the barrel and ideally, a buyer is interested inpurchasing
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, April 22, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GRACE, DU PONT TO SHARE LICENSING OF GENE TECHNOLOGY
Alice Cantwell |
Gene therapy is being used to grow stronger plants and research is under way to determine where it c
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