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ENERGY BRIEFS
From Wire and Staff Reports |
NRC REFUSES TO DELAY ACTION ON SHOREHAMThe Nuclear Regulatory Commission refused last week t
HIGHWAY BILL CONTINUES ASCENT AS HOUSE PANEL CASTS ITS VOTE
Geoffrey H. Brown |
House highway leaders sweetened a massive transportation spending bill, containing a fuel tax increa
CHEMICAL BRIEFS
From Wire and Staff Reports |
STERLING CHEMICALS INC. INCOME DOWN 87 PERCENTHOUSTON - Sterling Chemicals Inc. said its inc
JAPANESE OFFICIAL CITES US CARMAKERS' FAILINGS
A.E. Cullison |
A top Japanese official charged Thursday that U.S. cars fail to sell in Japanbecause their m
Maritime
CRIMINAL CHARGES RULED OUT IN 1988 PIPER ALFA EXPLOSION
From Wire Reports |
The British government said Wednesday no charges would be filed over the 1988 Piper Alpha explosion,
TRADE WITH SOVIETS AVOIDS ARMS RACE, SAYS MOSBACHER
John Davies |
The United States must help convert the Soviet Union into a Western trading nation or face a possibl
Maritime
CHINA ADDS TO DEBT LOAD DESPITE TROUBLES
P.T. Bangsberg |
China's foreign debt burden continues to grow, even though the government is now in its toughest per
BT SHIPPING SAYS PROFITS UP 20 PERCENT
JOC Staff |
BT Shipping Ltd., a tanker shipping company, said its net profit climbed 20 percent in the first hal
Maritime
UAL, DELTA BLAME WAR, RECESSION AS PROFITS SLIDE
Knight-Ridder Financial |
Two of the largest U.S. airlines, UAL Corp. and Delta Air Lines, Thursday blamed lingering effects o
CORRECTIONS
JOC Staff |
Burlington Northern Inc. and its Burlington Northern Railroad Co. subsidiary are based in Fort Wort
SHIP FIXTURE BREAKDOWN
JOC Staff |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
JOHNSTON SEES BETTER CHANCE FOR PASSAGE OF ENERGY BILL
Knight-Ridder Financial |
J. Bennett Johnston, Senate Energy Committee chairman, Wednesday said he believed his omnibus energy
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 25, 1991Dubai Crude Oil - (Dollars Per Barrel
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday July 25, 1991 Prevailing sellers' posted prices at the close of business, represent
CZECHOSLOVAKS PLAN SUBSIDIES TO FIGHT SURPLUSES
Knight-Ridder Financial |
Facing mounting discontent in the farming community, Czechoslovakia announcedplans Thursday
ALLEN-EDMONDS SHOE CORP.
JOC Staff |
Date of award: "E" Award in 1991.Why the award was given:Allen-Edmonds Shoe Corp. wo
Maritime
KOBE STEEL, ALCOA PLAN TRANSPORTATION VENTURE
From Wire Reports |
Kobe Steel Ltd. and Aluminum Co. of America Thursday said they plan a 50-50 joint venture in Japan t
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
E.D. & F. MAN BUYS SUGAR FROM INDIALONDON - E.D. & F. Man confirmed Thursday that it bought
THE ECONOMY
From Wire and Staff Reports |
US IMPORT PRICES FELL FOR SECOND MONTHWASHINGTON - Prices of U.S. imports, excluding fuel, f
SENATE VOTES TO TIE CASH AID TO PURCHASES OF US PRODUCTS
WILLIAM DiBENEDETTO |
The Senate Thursday overwhelmingly approved a proposal tying U.S. cash aid to the purchase of Americ
US TRADERS SEE PROFITS IN IRAQI FOOD EMERGENCY
Knight-Ridder Financial |
Despite the leading role the United States played in the war against Iraq, American grain suppliers
KUWAITI GOLD RETURNED BY IRAQ LIKELY TO TRAVEL ABROAD
Knight-Ridder Financial |
Kuwaiti gold that Iraq promised to return likely will be deposited abroad at the world's main bullio
BALTIC FREIGHT INDEX
JOC Staff |
1498 (July 25, 1991) Previous day - 1499 The Baltic International Freight Futures Market in
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 25, 1991 Prices in the spot chemicals table include spot quotations or list price
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 24, 1991CRUDE OIL(1,000 barrels; dollars and cents
GASOLINE PRICES
JOC Staff |
July 25, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
RAIL'S DREAM OF TURNING GARBAGE INTO GOLD MAY HINGE ON SHORT HAULS
Bruce Vail |
Expectations that the business of hauling garbage will become a gold mine for railroads already have
JAPANESE FIRMS IN US ACCUSED OF BIAS
Kristin Huckshorn |
Some Japanese-owned companies operating in the United States routinely refuse to hire and promote Am
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
COMMITTEE SUPPORTS FOX DOLLAR CONTRACTLONDON - The management committee of the Coffee Termin
INSURANCE BRIEFS
From Wire and Staff Reports |
A.M. BEST DOWNGRADES UNITED PACIFIC RATINGOldwick, N.J.-based A.M. Best Co. downgraded its r
HOUSE PANEL MENDS SAFETY NET PROTECTING PENSION BENEFICIARIES
Aviva Freudmann |
A House Education and Labor Committee subcommittee is taking a closer look at holes in the combined
AGENCY TACKLES PAN AM'S PENSION WOES
From Wire Reports |
The head of the Pension Benefit Guaranty Corp. said if the agency is allowed to take over two pensio
SHOE FIRM TAKES PROTECTIVE STEPS
Duncan Robinson |
What's in a name? Big bucks. And while high tariff barriers and duties can leave a manufactu
RICHARD LAWRENCE
JOC Staff |
Senior Correspondent Richard Lawrence has been an international economics correspondent for
CORRECTION
JOC Staff |
An item in Inside Talk on Railroads, in The Journal of Commerce, July 15, Page 2B, incorrectly state
SPOT PRODUCT PRICES
JOC Staff |
July 25, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
FINANCIAL BRIEFS
Wire and Staff Reports |
PAKISTANI OFFICIAL CITES LAUNDERING BY BANKSPakistani Finance Minister Sartaj Asis said in a
FRENCH FIRM RECONSIDERS AIDS DRUG
JOC Staff |
A French pharmaceuticals company is expected to withdraw the controversial AIDS treatment Imuthiol a
SHIP SALE ACTIVITY REBOUNDS AS PERSIAN GULF WORRIES SUBSIDE
Sydney P. Levine |
For the first time in several years, the number of sales recorded in the secondhand ship market for
Maritime
LOCAL BUSINESS, US OFFICIAL WELCOME CHANGES IN INDIAN INDUSTRIAL POLICY
N. Vasuki Rao |
The government's new industrial policy, thrashed out in intense internal debate, drew a broad welcom
Maritime
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