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CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 208.93 off 0.65 which compares
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Dec. 19, 1991CRUDE OIL(1,000 barrels; dollars and cents
EXPERT SAYS '92 TO BE CRITICAL YEAR FOR INTERNATIONAL INSURANCE MARKETS
William Armbruster |
Next year will be critically important for insurance companies interested in international markets,
JURY TO DECIDE IF VICTIMS' FAMILIES CAN TAP KILLER'S HOMEOWNER POLICY
Annie Best |
Homeowners insurance policies in Missouri may start including a new exclusion: Coverage will not be
COST OF CREDIT
JOC Staff |
Fri., Dec. 20, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
CALIF. COTTON SEEN IMMUNE TO DROP IN ASIAN USE
Bill Mongelluzzo |
Reports last week by cotton traders in Tokyo that there will be reduced cotton consumption in the Fa
HOUSTON TERMINAL CONVERTS TO CHAPTER 11
Journal of Commerce Special |
Now protected from creditors under Chapter 11 of the U.S. Bankruptcy Code, this city's financially t
Maritime
MAGNETS COULD HELP RAILROADS CUT DAMAGE TO NEW AUTOS
Journal of Commerce Staff |
Magnets may help reduce damage to new automobiles transported by railroad. Paint contaminati
Transport, Trade and Regulation News
WESTINGHOUSE CLEARED OF BRIBERY
(Reuter) |
Westinghouse Electric Corp. said last week that an international arbitrator has cleared it of charge
Maritime
VENEZUELA STATE OIL MONOPOLY MAY BUILD ON FOREIGN FUNDS
(Reuter) |
Petroleos de Venezuela, the state-owned oil monopoly, could be on the verge of a huge restructuring
DAILY PETROLEUM PRICES
JOC Staff |
Friday Dec. 20, 1991 Prevailing sellers' posted prices at the close of business, representin
HEAVY SOVIET WHEAT SHIPMENTS PUT RAILROADS BEHIND IN ORDERS
Knight-Ridder Financial |
U.S. plains states' railroads are falling behind in their car orders because of heavy shipments of S
NORFOLK SOUTHERN TO INCREASE ITS CAPITAL SPENDING IN 1992
Journal of Commerce Staff |
Norfolk Southern Corp. will increase railroad capital spending in 1992 by 10.5 percent. The Norfolk-
TRANSPORT BRIEFS
From Wire and Staff Reports |
SKYWEST IN DEAL TO BUY 8 MORE BRASILIA PLANESST. GEORGE, Utah - SkyWest Delta Connection has
INTEREST RATE CUT SPURS FEAR OF INFLATION
Howard Simon |
The Federal Reserve's move Friday to stimulate the economy by lowering interest rates by a full perc
COMMODITY BRIEFS
Wire and Staff Reports |
RUBBER TRADERS SAY PRICE ACTION FAILEDBANGKOK, Thailand - The International Natural Rubber O
CUT IN DISCOUNT RATE HURTS DOLLAR, TRADERS SAY
Gordon Platt |
The Federal Reserve's full-point cut in the discount rate Friday to 3.5 percent, a 27-year low, and
SHIP OFFICIALS DENY BLAME IN TROUBLED TRADE TALKS
WILLIAM DiBENEDETTO |
Maritime officials deny they are the heavies in the tense endgame that has left the conclusion of th
BIG SHIPPERS USE TINY GATEWAY AS EASTERN LINK FOR SANTA FE
Lawrence H Kaufman |
Gateway Western Railway is rapidly becoming an eastern gateway for the Atchison, Topeka and Santa Fe
SIX GLOBAL AIRLINES TO LAUNCH AUTOMATED CARGO DATA SYSTEM
Mark B. Solomon |
Six international carriers agreed to launch an automated information system aimed at expediting the
Transport, Trade and Regulation News
MARITIME BRIEFS
From Wire and Staff Reports |
COAST GUARD LOOKS INTO CHELSEA RIVER ACCIDENTCoast Guard officials were investigating why a
Maritime
EDS AWARDED CONTRACT FOR DESKTOP SERVICES
JOC Staff |
Electric Data Systems Corp. was awarded a five-year contract to provide desktop services by General
Transport, Trade and Regulation News
TRADE BRIEFS
From Wire and Staff Reports |
US, JAPANESE OFFICIALS SWAP TRADE GRIPESSenior U.S. and Japanese officials exchanged trade p
Maritime
PROJECT SOFTWARE HELPS MANAGE TIME, COSTS
Douglas C. Harper |
In today's tight economy, the transportation industry is looking for new ways to keep a lid on costs
INDUSTRIAL OUTPUT UP 9.6 PERCENT IN CHINA
Knight-Ridder Financial |
China's industrial output rose 9.6 percent in November, but was down when compared to the average gr
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Dec. 20, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARAD REJECTS BID BY LYKES TO ACT FOR BRAZILIAN CARRIER
WILLIAM DiBENEDETTO |
The Maritime Administration scrapped a Lykes Bros. Steamship Co. plan to act as general agent for a
Maritime
ONE COUNTRY BLOCKS OECD SHIPPING PACT
Barbara Casassus |
International talks to cut governmental aid to shipping will start over in June, following last week
Maritime
FUTURES TRADING / OPEN INTEREST AND SALES
JOC Staff |
All life-of-contract highs and lows on all contracts are based on actual transactions, not bid and a
ENERGY BRIEFS
From Wire and Staff Reports |
GAS DEMAND STEADY DESPITE POOR ECONOMYU.S. natural gas use in 1991 will total about 19.4 qua
CHEMICAL BRIEFS
From Wire and Staff Reports |
CISTRON SUES PEPROTECH OVER INTERLEUKIN PATENTPINE BROOK, N.J. - Cistron Biotechnology Inc.
DEMOCRATS SPONSOR TOUGH JAPAN TRADE BILL ACTION AIMED AT RIGHTING AUTO IMBALANCE
John Maggs |
Democratic lawmakers introduced a tough trade bill aimed at Japan and called for no less than a majo
WARNING FLAGS UP AGAIN FOR THE BARGE INDUSTRY
John Boyd |
For the inland waterway industry, the end of one year and the start of another has to be bittersweet
CANADA SLAPS PROVISIONAL DUTY ON IMPORTS OF US CARPETING
Leo Ryan |
Canadian carpet manufacturers have welcomed a ruling by Revenue Canada, resulting in a provisional e
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
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,137 per ton lots & in warehouse min. 99.7%Antim
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Dec. 20, 1991Prev. Life of Contr. OpenOpen Hi
NAII AGAINST NJ PLAN TO TINKER WITH AUTO RISK RATING SYSTEM
From Wire and Staff Reports |
Rules proposed by the New Jersey Department of Insurance that would alter factors used in determinin
TRADE BRIEFS
Wire and Staff Reports |
CHINA, THAILAND DUMP PIPE, COMMERCE SAYSChina and Thailand are selling carbon steel butt-wel
Maritime
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