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OPEC MEMBERS SLASHED PRODUCTION IN MARCH
(Reuter) |
Oil output by members of the Organization of Petroleum Exporting Countries fell in March, but it sti
CHEVRON SUSPENDS PLAN TO PUMP UP METHANOL SALES AT CALIF. STATIONS
From Wire and Staff Reports |
Chevron said Wednesday it is suspending its program for building more methanol pumps at service stat
CMB GROUP REPORTS RISE IN PROFIT JOURNAL OF COMMERCE STAFF
JOC Staff |
CMB Group announced a sharp rise in consolidated 1991 pretax profit to $48.2 million (1.64 billion B
Maritime
LLOYD'S SUES MAERSK, UP OVER DAMAGED CARGO
Patricia Crisafulli |
Maersk Inc. and Union Pacific Railroad are being sued for nearly $101,000 by Certain Underwriters at
Maritime
LLOYD'S PROBE UNCOVERS POSSIBLE INEQUITIES
William Pitt |
An investigation at Lloyd's of London uncovered suspicious reinsurance contracts that "appear to hav
COMEX METAL WAREHOUSE
JOC Staff |
Apr. 2, 1992 Copper Total, 28,221. Gold Total, .1,411,795.Silver Tota
ASIAN FUTURES
JOC Staff |
Apr. 2, 1992 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
IN TRUE OSCAR SPIRIT, REPORTER GIVES RIMSY AWARDS FOR CONVENTION FEATS
Margo D. Beller |
There's nothing like being in Southern California at Oscar time with members of the Risk and Insuran
LA. GAS OUTPUT CURBS POSSIBLE, GOVERNOR SAYS
Knight-Ridder Financial |
Louisiana Gov. Edwin Edwards declined to openly support or oppose limiting natural gas output by pro
CANADIANS HIT MASS. BILL TO LIMIT PURCHASES OF HYDRO-QUEBEC BONDS
Leo Ryan |
Canadian trade officials are up in arms over a bill introduced this week in the Massachusetts Legisl
FIRING OF RUSSIA'S GAIDAR SHOCKS WESTERN ANALYSTS
Michael S. Lelyveld |
Russian President Boris N. Yeltsin's surprise sacking of his reformist finance minister, Yegor Gaida
Maritime
REPUBLIC BANK TO BUY PRECIOUS METALS DEPOSITORY BUSINESS FROM CITIBANK
Roberta C. Yafie |
Republic Bank of New York, a leading dealer in precious metals, has contracted to acquire the precio
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300 per ton lots & in wareh
CHINA'S PLASTICS APPETITE SEEN NO RELIEF FOR TIGHT MARKET
Sandy Hendry |
Even an emerging boom in demand will do little to ease China's tight market for plastics raw materia
MIDEAST BUYING FAR EASTERN SUGAR EC IMPORTS CUT
Sonia Kolesnikov |
Middle Eastern countries have switched recently to Far Eastern producers for sugar imports and reduc
EXCESS COVERAGE CALLED DIFFICULT TO CALCULATE
Margo D. Beller |
Shopping for top-tier insurance coverage is no picnic. "No price is right," when it comes to
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Apr. 2, 1992 Prevailing sellers' posted prices at the close of business, representi
SANTA FE TO HANDLE SOME LOGISTICS FOR FORD
William Armbruster |
Atchison, Topeka and Santa Fe Railway is taking over all highway and intermodal logistics for Ford M
LIBYA WARNS UK, FRANCE ON TRADE
Knight-Ridder Financial |
Libyan leader Moammar Kadhafi has warned Britain and France, which along with the United States led
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
OPERATING INCOME FALLS FOR MAJOR US TRUCKERSWASHINGTON - Net operating income of the
BALTIC FREIGHT INDEX
JOC Staff |
1179 (Apr. 1, 1992) Previous day - 1180 The Baltic International Freight Futures Market in L
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
PEOPLE - TRANSPORT
Wire and Staff Reports |
AEROQUIP CORP. (Maumee, Ohio) - Mark D. Mulias was promoted to vice president of information technol
GASOLINE PRICES
JOC Staff |
Apr. 1, 1992 RESELLER Rack_Prices are in cents per gallonUnleaded
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 1, 1992Brent Crude Oil - (Dollars Per Barrel)_
GARAMENDI FINDS TWO BROKERS, COOPERATIVE BREAKING LAW
Journal of Commerce Special |
John Garamendi, California insurance commissioner, has dropped the ax on an insurance cooperative an
FMC REJECTS DEREGULATION OF CONSOLIDATORS
Tim Shorrock |
The Federal Maritime Commission rejected Wednesday a petition to deregulate ocean freight consolidat
STATE REGULATORS, INSURANCE COMPANIES CLASH ON DIVIDENDS
John Davies |
State insurance regulators, assembled in a nationwide convention, are considering a measure that wou
CSX GETS PACT TO MANAGE LOGISTICS OF PRIVATE AID SHIPMENTS TO EX-USSR
Journal of Commerce Staff |
CSX/Sea-Land Logistics announced Wednesday that it has signed a contract to provide the logistics ma
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
ALEXANDER & BALDWIN INC. (Honolulu) - John C. Couch was named chief executive officer and vice chair
Maritime
UPS ACQUIRES AUSTRIAN OPERATION
Journal of Commerce Staff |
United Parcel Service announced Wednesday that it has acquired Star Air Parcel Service, a package ca
TRADE BRIEFS
From Wire and Staff Reports |
S. KOREANS TO CONTINUE TO WORK IN LIBYASouth Korea - South Korea will observe planned United
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 1, 1992 Prices in the spot chemicals table include spot quotations or list prices
TRANSPORT BRIEFS
Wire and Staff Reports |
CONRAIL, ILLINOIS CENTRAL TO TRANSPORT FOOD AIDConsolidated Rail Corp. and Illinois Central
DOLLAR RISES ON ECONOMIC NEWS
Knight-Ridder Financial |
The U.S. dollar rose Wednesday as Japan lowered its discount rate, and U.S. economic reports continu
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 1, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Mar. 31, 1992CRUDE OIL(1,000 barrels; dollars and cents
ENERGY BRIEFS
Wire and Staff Reports |
RUSSIAN ENERGY SLUMP WORSENS, REPORT SAYSOil production in Russia has dropped by 13 percent,
TRADE BRIEFS
Wire and Staff Reports |
ND ACTS TO CURB ALLEGED GEM SCAMSThirty to 40 fraudulent companies based in Canada are swind
Maritime
PEOPLE - TRADE
Wire and Staff Reports |
AORTECH INC. (St. Paul, Minn.) - John McKenna was hired as general manager and Peter Duijst as medic
Maritime
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