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GROUP USES FUNDS FOR OIL SPILL RESPONSE
JOC Staff |
An oil industry trade group said Tuesday it has committed $270 million for the purchase of equipment
Maritime
RICO LAWS THREATEN ALL UNIONS, SAY ILA LAWYERS
Alan Abrams |
Civil racketeering laws threaten all unions and union officials, speakers at the International Longs
Maritime
HOUSE PANEL CASTS DOUBTS ON STATE GUARANTY FUNDS
Aviva Freudmann |
A subcommittee of the House Energy and Commerce Committee raised doubts Wednesday about the adequacy
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 24, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 22.9
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 24, 1991Bid AskedCopper-
TRANSPORT BRIEFS
Wire and Staff Reports |
EGYPT, KUWAIT AIRLINES TO LAUNCH JOINT LINEABU DHABI, United Arab Emirates - Egypt Air and K
SOVIET PORT AIMS TO ESTABLISH SEA-AIR CENTER AT MILITARY AIRPORT
John Davies |
A Soviet port currently moving sea-air cargo from Japan to Europe through Vladivostok Airport is ask
AIR CARGO CARRIERS HOP ABOARD CUSTOMS' DATA BANDWAGON
Tony Seideman |
After a long, tough gestation period, an increasing number of air carriers in recent months have est
US-CHINESE TRADE RELATIONS REMAIN UNCERTAIN AFTER VOTE
Richard Lawrence |
U.S. business executives anticipate continuing uncertainty in U.S.-Chinese trade and investment rela
Maritime
CIBA-GEIGY PLEDGES PERMANENT FREEZE ON PRICE OF BLOOD PRESSURE DRUG IN MARKETING MOVE
Knight-Ridder Newspapers |
Ciba-Geigy Pharmaceuticals thinks it can lure patients to its new high bloodpressure medicin
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 23, 1991CRUDE OIL(1,000 barrels; dollars and cents
CORRECTION
JOC Staff |
''Nova to Represent Sea-Land in Halifax," an item in the Maritime Briefs column of The Journal of Co
Maritime
SEA-AIR LINK FOR JAPAN, EUROPE IN DEMAND, FIRM SAYS
John Davies |
A new sea-air route between Japan and Europe by way of Vladivostok is drawing enough cargo to fill t
MASSPORT OFFERS TO HELP EXECUTIVE BOLSTER BOSTON'S SHIP REPAIR PLANT
TOM McNIFF Jr. |
The Massachusetts Port Authority is offering limited loan guarantees to a former shipyard executive
Maritime
INDIA PLANS TO BOOST PHONE NETWORK
N. Vasuki Rao |
India's inadequate and overburdened telecommunications network is poised for rapid change with the C
Maritime
PHILIPPINE GARMENT SALES TO US FALL
P.T. Bangsberg |
Garment exports from the Philippines to the United States slipped more than 9 percent in the first h
Maritime
INSURERS WIN $66 MILLION IN CALIF. RICO JUDGMENT
Jerry Goldberg |
A California district court awarded a group of insurers $65.7 million, in a Racketeer Influenced and
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,315-$1,325 per ton lots & in warehouse min. 99.
ADMINISTRATION FACES TOUGH ROAD IN FUEL TAX FIGHT
Geoffrey H. Brown |
The White House may have a tough time convincing House Republicans to vote against a proposed fuel t
TRANSPORT CALENDAR
JOC Staff |
Traffic Club of Newark, 77th annual outing, Aug. 21. Orchard Country Club, Eatontown, N.J. Contact:
STEEL, AUTO SLOWDOWN HURTS LAKES SHIPPING
Kevin Commins |
Weakness in the North American steel and automotive industries has curtailed Great Lakes shipments o
EC COMMISSION CLEARS AID FOR SABENA
Journal of Commerce Staff |
The European Commission Wednesday cleared a $1 billion state aid package for Sabena, Belgium's natio
DOLLAR STEADY AFTER FALL ON DURABLE GOODS DATA
Knight-Ridder Financial |
The U.S. dollar pared losses but remained sharply lower after tumbling early on news that U.S. durab
US CRUDE OIL INVENTORIES DECREASE 1.1 MILLION BARRELS, API SHOWS
Journal of Commerce Staff |
U.S. crude oil inventories decreased by 1.1 million barrels during the week ended July 19, compared
TRADE BRIEFS
From Wire and Staff Reports |
GATT DELEGATES SEE NO PRE-BREAK PROGRESSOfficials of the General Agreement on Tariffs and Tr
Maritime
FIRE HURTS UNION CARBIDE EARNINGS
Wire Reports |
Union Carbide Corp.'s second-quarter net income of $46 million was down 60 percent from the $116 mil
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 24, 1991Dubai Crude Oil - (Dollars Per Barrel
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended7-19 7-12
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
BALTIC FREIGHT INDEX
JOC Staff |
1499 (July 24, 1991) Previous day - 1513 Baltic International Freight Futures Market in Lond
Maritime
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
COURT MUTES DEBATE ON ANTITRUST IMMUNITY
WILLIAM DiBENEDETTO |
What one observer described as a "quirky little problem on the edges" of U.S. regulatory shipping la
Maritime
WITH RICO SUIT BEHIND THEM, ILA LEADERS LOOK FOR UNITY
Alan Abrams |
The International Longshoremen's Association is looking ahead, again. With the government ra
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 24, 1991 Prevailing sellers' posted prices at the close of business, represen
FREIGHT RATE FUTURES
JOC Staff |
July 24, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 24, 1991Brent Crude Oil - (Dollars Per Barrel)
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/24 7/23 Change % Change:
ASIAN FUTURES
JOC Staff |
July 24, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
NORFOLK SOUTHERN EARNINGS, REVENUE SLID IN SECOND QUARTER
Lawrence H Kaufman |
Norfolk Southern Corp. Wednesday announced earnings of $134 million, or 90 cents a share, in the sec
YELLOW FREIGHT EARNINGS FELL 31.6 PERCENT IN 2ND QUARTER
Journal of Commerce Staff |
Yellow Freight System Inc. Wednesday announced second-quarter earnings of $11.26 million, or 40 cent
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