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INSURANCE BRIEFS
From Wire and Staff Reports |
EC BODY TO OVERSEE INSURANCE AFTER 1992BRUSSELS, Belgium - The European Community has decide
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,315-$1,325 per ton lots & in warehouse min. 99.
BRANDTSHIP RELOCATES WITHIN FLORIDA
JOC Staff |
Brandtship USA Inc., a shipbroker and ship management company, relocated Monday to 1107 S.E. Fourth
Maritime
PHILIPPINES FIGHTS REAR-GUARD BATTLE TO SAVE FORESTS
(Reuter) |
A Taiwanese freighter anchors close to the rugged shoreline along the remote northeastern coast of t
Maritime
RATINGS DIP FOR SOME INSURERS BECAUSE OF REAL ESTATE HOLDINGS
Lorraine Iannello |
The sagging real estate market dragged down the claims-paying ability ratings of more life insurers,
COMMODITY BRIEFS
From Wire and Staff Reports |
CHINA SHORT OF COTTON DESPITE GOOD HARVESTHONG KONG - Textile mills across China continue to
GROUP SAID TO HAVE NEW COTTON CERTIFICATE PLAN
Knight-Ridder Financial |
The National Cotton Council reportedly has come up with a plan to control the expected high costs of
GASOLINE
JOC Staff |
July 22, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
COMMODITY BRIEFS
From Wire and Staff Reports |
EL TENIENTE MINE OFFER DUE FROM MANAGEMENTSANTIAGO, Chile - Management at the El Teniente mi
SPOT COMMODITIES
JOC Staff |
July 22, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
ITALY'S GDP GREW IN FIRST QUARTER
Knight-Ridder Financial |
Italy's gross domestic product grew 0.3 percent in the first quarter of 1991 compared with the fourt
MALAYSIA TO BOOST ITS LNG OUTPUT
Knight-Ridder Financial |
Malaysia Liquefied Natural Gas Sdn. Bhd. will expand output at its LNG plant in Bintulu, Sarawak, to
MARSH & MCLENNAN NET FLAT
From Wire Reports |
Marsh & McLennan Cos. second-quarter operating income rose to $144.2 million,from $138.2 mil
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 22, 1991 Prices in the spot chemicals table include spot quotations or list price
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 22, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 22.9
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 22, 1991Brent Crude Oil - (Dollars Per Barrel)
READ ALL ABOUT IT! UP VENTURE FINDS NICHE IN NEWSPAPER HAULING
John Boyd |
A new piggyback truck-rail freight business that hauls used newspapers for recycling has grown stea
TRANSPORT BRIEFS
Wire and Staff Reports |
TWA HALTS OFFER TO BUY BACK DEBTTrans World Airlines Inc. Monday said it has terminated its
ASEAN NATIONS LASH OUT AT WEST FOR TYING HUMAN RIGHTS TO TRADE
Mark Magnier |
The six nations of Southeast Asia came out swinging over the weekend against Western countries for l
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
UN PLANS TO CONTROL ANY IRAQI OIL SALESTOKYO - U.N. representatives will debate suspending t
VENEZUELA PLANS TO APPLY FOR CARICOM MEMBERSHIP
Canute James |
Venezuela plans to apply for membership in the Caribbean Community, a group composed of 13 English-s
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
VISA INTERNATIONAL OPENS OFFICE IN KOREAVisa International opened its first office in South
Maritime
BANK COLLAPSE MAY CAUSE TROUBLE FOR SHIPOWNERS
Janet Porter |
Bills of lading still held by the collapsed Bank of Credit and Commerce International could severely
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 208.72 up 0.16 which compares wi
CHANGES IN US HEALTH CARE SYSTEM TAKE ON AIR OF INEVITABILITY
Michael L. Millenson |
Robert Laszewski, executive vice president of the Liberty Mutual Insurance Group, remembers feeling
FINANCIAL BRIEFS
From Wire and Staff Reports |
LIQUIDATION ORDERED FOR BCCI IN TOKYOTOKYO - The Tokyo District Court Monday ordered the liq
US DOLLAR REBOUNDS, YEN REMAINS WEAK
Knight-Ridder Financial |
The U.S. dollar remained broadly higher Monday afternoon after rebounding on short-covering from las
DAIMLER-BENZ TO STEP UP PURCHASES OF US PARTS
William Armbruster |
Daimler-Benz AG, parent company of Mercedes Benz AG, Monday said it plans to increase its purchasing
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 22, 1991Dubai Crude Oil - (Dollars Per Barrel
STRIKES TAKE TOLL ON ROTTERDAM PORT
Bruce Barnard |
The Rotterdam waterfront was hit Monday by a wildcat strike, the latest in a monthlong string of wal
USAIR SEEKS NOD ON SERVICE TO UK
From Wire Reports |
USAir is seeking authority to fly from Pittsburgh to London's Stansted Airport, beginning as early a
US-JAPAN TALKS ON AUTO PARTS OPEN TODAY US HOPES TO EXPAND FOCUS TO CARS
John Maggs |
U.S. negotiators, under new pressure to prevent the predicted demise of half of the U.S. auto parts
Maritime
RISING FUEL COSTS TO DRIVE UP BILLS FOR DUKE POWER CO.'S NC CUSTOMERS
John Hechinger |
Duke Power Co. customer bills in North Carolina are going up this month to offset rising fuel costs.
HOUSTON'S OMNIPORT SEES ITS LAST SHIP
Gary Taylor |
Omniport, this city's highly publicized $80 million automated bagged cargo handling facility, worked
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
FORD TO EXPORT V-8S TO AUSTRALIAN UNITBROOK PARK, Ohio - Engines made in a Ford Motor Co. pl
Maritime
ASIAN FUTURES
JOC Staff |
July 22, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
FUTURES TRADING / OPEN INTEREST AND SALES
JOC Staff |
All life-of-contract highs and lows on all contracts are based on actual transactions, not bid and a
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/22 7/19 Change % Change:
COW SLAUGHTER BILL COULD SLASH PRICES, INDUSTRY GROUP SAYS
Knight-Ridder Financial |
Any legislation to aid the American dairy industry could cut live cattle prices by as much as $7 a h
LESS RAIN, POSSIBLE CROP CUT BOOST CORN FUTURES PRICES
From Wire and Staff Reports |
Corn and soybean futures received a push Monday from less-than-expected rainfall in key U.S. growing
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