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THE ECONOMY
JOC Staff |
DURABLE GOODS ORDERS FALL FOLLOWING GAINSWASHINGTON - Orders for long-lasting durable goods
TRADE BRIEFS
From Wire and Staff Reports |
ITC DISMISSES CLAIM VS. JAPANESE OVENSWASHINGTON - The International Trade Commission in eff
Maritime
BEST STUDY: P/C INSOLVENCIES PEAK DURING SOFT MARKETS
Lorraine Iannello |
Inadequate reserves to cover claims, rapid growth, fraud and overstated assets were the leading caus
COMEX METAL WAREHOUSE
JOC Staff |
July 24, 1991 Copper Total, 33,103. Gold Total, .1,799,978.Silver Total, .2
CANADIAN POSTAL GROUP DRAWS HEAT
Journal of Commerce Staff |
Prior to the strike that has shuttered United Parcel Service Canada Ltd.'s across the country, Chris
NRC USED INCOMPLETE DATA FOR SEABROOK, SOURCES SAY
Boston Globe |
The inspector general's office of the Nuclear Regulatory Commission has found that NRC staff members
EC MOVES TO CURB HIDDEN STATE SUBSIDIES
Bruce Barnard |
The European Commission Wednesday announced a new reporting system for state- owned companies in a b
Maritime
UNIFIED HEALTH CARE REFORM PUSHED
Chicago Tribune |
In a bid to pressure the Bush administration to make reform of the U.S. health system a higher prior
US SAYS SOVIET GRAIN HARVEST DECLINE EXAGGERATED
Michael S. Lelyveld |
U.S. government experts said Wednesday that reports of an expected decline in this year's Soviet gra
COURT REINSTATES ILA EXECUTIVE TO PORT BOARD
Gary Taylor |
In a case with implications for port boards across the country, astate district court judge Tuesday
Maritime
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
UNEMPLOYMENT RISES AMONG NORWEGIANSOSLO, Norway - The unemployment rate in Norway hit a reco
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
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