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B+H OCEAN CARRIERS POSTS INCREASED NET
From Wire Reports |
B+H Ocean Carriers Ltd. said its net income for the second quarter rose by 50 percent to $1.5 millio
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,200-$1,300 per ton lots & in warehouse min. 99.7
TINY SUCKLING AIRWAYS GOES WHOLE HOG IN UK
(Reuter) |
While major airlines watched business fall sharply at the start of the gulf crisis, passengers aboun
AIR CARGO GETS TOP PRIORITY
John Finotti |
The gulf war and recession may have disrupted the airline industry and put some development plans in
COST OF CREDIT
JOC Staff |
Tue., Aug. 13, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
MOVING FROM DEFENSE TO THE PRIVATE SECTOR
Joan Chrissos |
For years, Central Florida's high-tech industry was synonymous with the defense industry. Me
ASIAN FUTURES
JOC Staff |
Aug. 13, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
QUAYLE URGES REFORMS IN CIVIL COURT SYSTEM
Aviva Freudmann |
Saying that the U.S. civil court system is "in danger of spinning out of control," Vice President Da
INSURANCE BRIEFS
From Wire and Staff Reports |
AMEV BOARD APPROVES MUTUAL BENEFIT MOVENEW YORK - The executive boards of NV Amev in the Net
LEXMAR CORP. HAS PLANS TO EXPLORE YARD ACQUISITIONS IF FRENCH BID FAILS
Alan Abrams |
Lexmar Corp. will examine other potential shipyard acquisitions if it fails in its bid to take over
Maritime
INSURANCE EARNINGS
From Wire and Staff Reports |
GENERAL ACCIDENT POSTS ANOTHER PRETAX LOSSMore evidence that the prolonged recession in the
CONRAIL KEEPS REPAIR SHOPS BUSY BY WORKING ON OUTSIDE EQUIPMENT
Lawrence H Kaufman |
Railroads historically cut employment as fast as possible during recessions to reduce operating expe
BARGE RATES FALL AFTER JULY RALLY
Kevin Commins |
Barge rates have fallen back sharply, following a big run-up in July. Industry executives sa
CUSTOMERS NOT DESERTING CRUISE SHIPS, AGENTS SAY
Wire Reports |
Travel agents said they received many telephone calls from worried customers after the recent sinkin
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
SPANISH GROUP BUYS SHARE OF VIASA AIRLINECARACAS - Venezuela sold 60 percent of its state ai
WORLD'S BUSIEST AIRPORT KEEPS PARAMEDICS MOVING
Chicago Tribune |
Travelers at O'Hare International Airport may not have to worry about random gunfire, warring gangs
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
SPOT COMMODITIES
JOC Staff |
Aug. 13, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
JAPAN'S BROKERAGES SEE PARALLELS WITH '29 CRASH
A.E. Cullison |
Analysts employed by the stock brokerages of Kabutocho, the Japanese Wall Street, are studying the c
COMMODITY BRIEFS
From Wire and Staff Reports |
ALUMINUM STOCKS HIT 4-YEAR HIGH IN WESTTotal Western world aluminum stocks rose 21,000 metri
TRADITIONAL IMPORTERS OF SUGAR TAKE ON NEW ROLE AS SELLERS
Howard Simon |
Many traditional sugar-importing countries are becoming net exporters of the sweetener in what is vi
TRADE BRIEFS
From Wire and Staff Reports |
JAPAN'S TRADE SURPLUS WIDENS FOR 7TH MONTHJapan's surplus with its trading partners jumped a
Maritime
ANOTHER JAPANESE FIRM NAMED IN A SCANDAL
JOC Staff |
Toyo Shinkin Bank, an Osaka-based credit union, said it too was involved in improper loan deals, and
STATE INTENDS TO BROADEN ITS EXPORT HORIZONS CENTRAL REGION PINS HOPES ON COMPUTER SOFTWARE, PARTS
Rick Christie |
Florida trade officials are expecting big things from the state's Central and North Florida regions
CORRECTION
JOC Staff |
The story headlined "Calif. Launches Review of Compensation Insurer" on Page 8A in the Journal of Co
MIDWESTERN FREIGHT HAULER RECORDS LOSS
Journal of Commerce Staff |
Chicago & North Western Holdings Corp. lost $1.9 million in the second quarter on revenue of $239.9
MIDWAY AIRLINES STRIVES TO SURVIVE BANKRUPTCY
Tom Belden |
It is a small gesture. Midway Airlines has decided that any passenger traveling on short not
DELTA-PAN AM DEAL MAY TIGHTEN CARGO CAPACITY
Geoffrey H. Brown |
Delta Air Lines Inc.'s acquisition of most of Pan Am Corp.'s assets is likely to tighten air cargo c
OPEC'S FUTURE COURSE REMAINS UNCERTAIN
Douglas C. Harper |
The future course of the Organization of Petroleum Exporting Countries appears to be more uncertain
KUWAIT SAYS OIL PRODUCTION UP TO 150,00 BARRELS A DAY
From Wire Reports (Reuter) |
Oil Minister Hamoud Abdulla al-Raqba said Tuesday that Kuwait was producing 150,000 barrels of oil a
MALAYSIA ANNOUNCES REVISION OF ITS STANDARDS FOR RUBBER
Knight-Ridder Financial |
The Malaysian Rubber Research and Development Board is implementing a plan to improve the quality of
MEXICAN COPPER MINE TALKS LIKELY TO START SOON
CHRISTINE McDONALD |
Union-management talks for a new collective contract at Mexico's second- largest copper mine, Mexica
IRAQ OFFERS TO SWAP BUSINESSMAN FOR ASSETS HELD IN UNITED KINGDOM
Knight-Ridder Financial |
Iraq's cash-strapped economy would benefit if Britain released a fraction of $1.4 billion in frozen
Maritime
EC TEAM TO REINSPECT 14 US BEEF, PORK PLANTS
Knight-Ridder Financial |
A group of European Community inspectors this week are scheduled to reinspect 14 U.S. beef and pork
Maritime
TECHNOLOGY SECTOR POSTS TRADE SURPLUS
JOC Staff |
The U.S. information technology industry generated a $780.7 million trade surplus in the first five
Maritime
DRAFT OF NEW LAOS CONSTITUTION MAKES NO MENTION OF SOCIALISM
(Reuter) |
The old-guard revolutionaries of Laos met Tuesday to approve their first constitution and leadership
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 13, 1991 Copper Total, 35,121. Gold Total, .1,699,728.Silver Total, .2
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 210.42 off 1.38 which compares w
DAILY PETROLEUM PRICES.
JOC Staff |
Monday Aug. 12, 1991 Prevailing sellers' posted prices at the close of business, representin
NEW DHL OFFICE PROVIDES ALBANIA WITH ITS FIRST AIR COURIER SERVICE
Larry Luxner |
What Albania needs is a good air courier service, said Vincent Davidkov, manager of the new DHL Worl
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