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CANADIAN PACIFIC REPORTS POOR RESULTS FOR QUARTER
Leo Ryan |
Canadian Pacific Ltd., the Montreal-based transportation and industrial conglomerate, reported disma
COST OF CREDIT
JOC Staff |
Wed., Aug. 7, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
UNDER PRESSURE, CHINA ACCEPTS US REQUEST FOR TRADE TALKS
Knight-Ridder Financial |
China has accepted a U.S. request for market-opening trade talks later this month in an attempt to a
BA EARNINGS PLUMMETED IN 1ST QUARTER
Journal of Commerce Staff |
British Airways pretax profits plummeted 95 percent during its fiscal first quarter ended June 30. T
SP RAILWAY POLICE VOTE TO OUST UNION
Lawrence H Kaufman |
Railroad police employed by Southern Pacific Transportation Co. have voted to oust the Transportatio
SOVIET PILOTS MAY OPT FOR SYMPATHY WALKOUT
Michael S. Lelyveld |
A strike committee representing Aeroflot pilots in the Soviet Union on Wednesday declared that a "pr
US-SOVIET JOINT VENTURE BOSMOSCO PLANS RETAIL CHAIN IN THE USSR 25 STORES TO OPEN IN NEXT 6 MONTHS
Michael S. Lelyveld |
k .S.-made bras are big in Kamchatka. Apparently, they are also much better.A buyer from the
Maritime
INDIAN SHIP OFFICIAL JAILED IN BRIBERY CASE
Journal of Commerce Staff |
A federal judge sentenced an executive of an Indian ship demolition company to 30 months in jail for
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
GRAIN SUBSIDY WAR CALLED 'OUT OF HAND'CANBERRA, Australia - The grain subsidy war is now "co
COMMODITY BRIEFS
From Wire and Staff Reports |
CONTRACT TALKS SLATED AT MEXICAN MINEMEXICO CITY - Union-management negotiations on a new co
AIRLINES TO FORGO FALL RATE HIKES ON PACIFIC ROUTE
Mark B. Solomon |
Carriers serving the lucrative Asian air freight market say they will forgo the usual round of autum
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 7, 1991 Copper Total, 36,427. Gold Total, .1,848,204.Silver Total, .27
AUSTRALIAN-MADE CERAMIC OFFERS SAFE STORAGE OF ATOMIC WASTE
(Reuter) |
Australian scientists believe they have found the answer to one of the biggest problems of nuclear p
CHEMICAL BRIEFS
Wire and Staff Reports |
AGENCY OKS SC RULES ON WATER QUALITYThe Environmental Protection Agency has approved South C
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 6, 1991CRUDE OIL(1,000 barrels; dollars and cents
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 7, 1991Dubai Crude Oil - (Dollars Per Barrel)
M.H. WALSH LEAVES UP FOR POSITION AT TENNECO
Lawrence H Kaufman |
Michael H. Walsh surprised his company and the railroad industry when he resigned Wednesday as chair
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CAN DEVELOPING NATIONS FILL US EXPORT VOID?
Paula L. Green |
U.S. exporters should profit in the 1990s as the newly opened economies of developing nations help f
PEOPLE - MARITIME
From Wire and Staff Reports |
Mary- ellen B. Cattani joined the con- tainer transportation company as senior vice president, gener
Maritime
L.B. FOSTER DROPS DEAL TO BUY CROSSTIE PLANT FROM HARMON LACKED CONTRACTS FROM TOP RAILROADS
John Boyd |
L.B. Foster Co. has dropped out of its tentative deal to buy the mothballed Cedrite Technologies rec
THE ECONOMY
Wire and Staff Reports |
WHOLESALE INVENTORIES FALL FOR US MERCHANTSInventories of U.S. wholesale merchants fell 0.4
CLARIFICATION
JOC Staff |
''Brazil Moves Closer to Port Decentralization," a story on Page 8B of The Journal of Commerce Aug.
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
DISABLED OIL TANKER TOWED TO SAFETYThe crippled ultra-large crude carrier Mimosa has been to
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 7, 1991 Prices in the spot chemicals table include spot quotations or list prices
INSURANCE EARNINGS
JOC Staff |
BROKER FRANK B. HALL POSTS LOSS FOR QUARTERBRIARCLIFF, N.J. - Insurance broker Frank B. Hall
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
FORMOSA GROUP TO CONSTRUCT NAPHTHA PLANT
Knight-Ridder Financial |
Formosa Plastics Group, Taiwan's largest private industrial conglomerate,plans to invest $4.
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Aug. 7, 1991Prev. Life of Contr. OpenOpen High Low
ENERGY BRIEFS
From Wire and Staff Reports |
EXPLOSIONS SHUT DOWN SHELL NORTH SEA RIGRescue services evacuated more than 100 workers from
US COMPANIES MULL PETROLEUM PROJECTS WITHIN POLAND
Michael S. Lelyveld |
U.S. interest in Poland's petroleum and petrochemical industries appears to be growing with the disc
Maritime
CARRIERS BACK PETITION TO ALLOW RATE REDUCTIONS ON DAY'S NOTICE
WILLIAM DiBENEDETTO |
U.S. domestic water carriers support a Trailer Marine Transport Corp.request to make shipping rate r
Maritime
COMMERCIAL UNION POSTS $43 MILLION LOSS FOR HALF
William Pitt |
Commercial Union PLC, the only major U.K. insurance company to avoid a loss in 1990, has not been so
SHIP LINES, REFINERS FIGHT CALIF. TAX
Allen R. Wastler |
Shipping companies and oil suppliers are trying to get a new California state tax on maritime fuel p
NORTH AMERICAN FREE-TRADE TALKS INSPIRE FEW MAQUILADORA LOANS
Charles W. Thurston |
The excitement whipped up by the North American free-trade talks has done little so far to release a
SUBSIDIZED SHIPS VIEWED AS IMPORTS IN DRAFT PACT
WILLIAM DiBENEDETTO |
Negotiators trying to hammer out an international agreement to phase out foreign shipbuilding subsid
CHARLOTTE'S RAPID GROWTH KEEPS AIR CONTROLLER STAFFING HIGH
Ed Martin |
The same aviation growth feeding concerns about air traffic safety has ironically enabled Charlotte
ABU DHABI COULD FACE LOSS OF $12 BILLION IN BCCI DEBACLE
(Reuter) |
The gulf emirate of Abu Dhabi may lose $12 billion because of its ownership of the Bank of Credit an
TRANSPORT BRIEFS
From Wire and Staff Reports |
KENWORTH TRUCKS HAUL BILL OF RIGHTS ON TOURKIRKLAND, Wash. - Kenworth Truck Co. said 10 of i
DOLLAR MAINTAINS STRENGTH DESPITE LATE SELLING
Knight-Ridder Financial |
The U.S. dollar remained higher Wednesday afternoon despite late selling, dealers said. Deal
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