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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Aug. 21, 1991 Prevailing sellers' posted prices at the close of business, represen
FORMER STOLT FINANCIAL OFFICER FORMS NEW COMPANY
Journal of Commerce Staff |
One of the architects of Stolt Tankers and Terminals (Holdings) SA's successful plan to offer its st
Maritime
N. CAROLINA URGED NOT TO RE-REGULATE LUMBER TRANSPORT
Geoffrey H. Brown |
The nation's largest shippers urged the North Carolina Utilities Commission not to re-regulate the i
FACTORY VOLUME UP IN WESTERN GERMANY
Knight-Ridder Financial |
The volume of western Germany's manufacturing industry rose 13.3 percent in June 1991 to $93.52 bill
TRADING WITH CHILE US FIRMS SEE POTENTIAL FOR PROFIT
Duncan Robinson |
U.S. companies are flocking to Chile to tap a surging economy and a liberal trade and investment reg
Maritime
CHINA UNCERTAIN ON COTTON STATUS
Knight-Ridder Financial |
China will not know the full extent of flood damage to its cotton crops until mid-September, and its
US GOVERNORS READY TO DROP "BUY-US'
John Davies |
In response to a European Community demand for better access to U.S. markets, U.S. governors say the
US DOLLAR FALLS SHARPLY AS COUP FALTERS IN SOVIET UNION
Knight-Ridder Financial |
The U.S. dollar fell sharply Wednesday on news that the Soviet coup had failed. Dealers said the dol
US ECONOMIST IS HELPING ARGENTINA
(Reuter) |
Martin Redrado left a $350,000-a-year job as a banker in the United States to take a $12,000 job wor
Maritime
INDIA MOVES TO EASE APPROVAL OF FOREIGN EQUITY INVESTMENT
N. Vasuki Rao |
India is simplifying approval of investment proposals with up to 51 percent foreign equity to speed
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Aug. 21, 1991Prev. Life of Contr. OpenOpen Hi
BRITISH BROKERS GROUP USING TV TO BOOST RANKS
Journal of Commerce Special |
Britain's biggest insurance brokers trade association is set to stage a unique nationwide debate via
ENERGY BRIEFS
From Wire and Staff Reports |
UK OIL OUTPUT ROSE 16.7 PERCENT IN JULYUnited Kingdom North Sea crude oil production rose 16
Maritime
SEA-LAND CREATES MAZE FOR APL-OOCL DEAL
WILLIAM DiBENEDETTO |
Attorneys for Sea-Land Service Inc. are setting a procedural maze for American President Lines Ltd.
Maritime
SHIP LINES OPTIMISTIC ABOUT SOVIET SITUATION
Erich E. Toll |
The maritime industry reacted with cautious optimism Wednesday to the reported return to power of So
Maritime
VIETNAM TO OPEN CAM RANH BAY
Knight-Ridder Financial |
The Vietnamese government plans to open Cam Ranh Bay internationally,deputy foreign minister Tran Qu
Maritime
AIRLINES, TRAVEL AGENCIES DUEL OVER COMPUTERIZED BOOKINGS
Terry Maxon |
While the world sleeps, travel agency computers toil away in the night like electronic elves, contin
SUFFERING UNDER OFFICIAL PRESSURE, NIGERIAN NEWSPAPERS LOSE VIBRANCY
(Reuter) |
Battered by decades of pressures from military and civilian governments, Nigeria's newspapers are lo
Maritime
CALIF. FARMERS LIKELY TO JOIN SAN FRANCISCO FISH FRAY
Allen R. Wastler |
The port fight over an endangered species of fish in San Francisco Bay is stretching all the way to
Maritime
ARIAN GIVEN EDGE IN WEST COAST DOCK VOTE
Allen R. Wastler |
Ballot counting is under way in the election of a president for the West Coast longshoremen's union
BOEING WINS BA ORDER WORTH $3.6 BILLION
(Reuter) |
British Airways said Wednesday it had ordered 15 Boeing 777 twinjet airliners and placed options on
DEBT SWAP PRICES RECOVER AFTER COUP CAUSED DROP
Knight-Ridder Financial |
Secondary market prices for developing country debt plummeted Monday in reaction to the ouster of So
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
FUTURES TRADING / OPEN INTEREST AND SALES
JOC Staff |
AUG. 21, 1991 OPEN INTEREST AND SALES - AUG. 20, 1991All life-of-contract highs and lows on
ILLINOIS CROP INSPECTION CONFIRMS DIM OUTLOOK
Suzanne Carter |
The condition of Illinois corn and soybean fields improves markedly heading west from the east-centr
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300 per ton lots & in warehouse min. 99.
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
CANADA SEEKS AVIATION TALKS WITH SINGAPORE
(Reuter) |
Canada, facing possible retaliation from Singapore over cancellation of a bilateral air pact, has in
US POSTS JULY DEFICIT OF $40.79 BILLION
Knight-Ridder Financial |
The U.S. government posted a total deficit of $40.79 billion for July, after a $2.46 billion deficit
TRUCKING FIRM EXPANDS CENTER FOR FREIGHT IN CALIFORNIA
JOC Staff |
CF Motor Freight officially opened its expanded southern California-area consolidation center Wednes
LOWER BRAZILIAN PRICES SQUEEZE TRADE SURPLUS
James Bruce |
Brazil's trade surplus reached an eight-month low in July, influenced by low prices for the country'
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 21, 1991Brent Crude Oil - (Dollars Per Barrel)
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 20, 1991CRUDE OIL(1,000 barrels; dollars and cents
API WEEKLY REPORT
JOC Staff |
Thousands of BarrelsWeek Week Week Ended Ended Ended8-16 8-9
COMMODITY BRIEFS
Wire and Staff Reports |
US FARM LAND'S RISE IN VALUE SEEN SLOWINGThe value of farm land in the United States
US CRUDE OIL INVENTORIES DECREASED FOR WEEK ENDED AUG. 16, API SAYS
Journal of Commerce Staff |
U.S. crude oil inventories decreased by 4.5 million barrels during the week ended Aug. 16, compared
SHIP LINES IN AUSTRALASIA TRADE MUST BRIDGE GAPS
Bill Mongelluzzo |
Shipping lines in the trade between the United States and Australia and New Zealand can achieve stab
ECONOMIC DATA ABROAD
JOC Staff |
CONSTRUCTION ORDERS IN UK INCREASE 10 PERCENTTotal orders received by contractors fo
CALIF. INSURANCE COMMISSIONER SUES STATE ATTORNEY GENERAL
(Reuter) |
California's top insurance regulator Tuesday sued the state attorney general, accusing him of illega
COMMODITY BRIEFS
From Wire and Staff Reports |
CHOCOLATE PLANT PLANNED IN SE ASIADe Zaan Far East, a key supplier of cocoa ingredients, pla
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