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MARITIME BRIEFS
From Wire and Staff Reports |
INT'L SHIPHOLDING CORP. REPORTS PROFIT GROWTHSecond-quarter net income at International Ship
Maritime
PEOPLE - COMMODITIES
From Wire and Staff Reports |
WYNDHAM BAKING CO. (Augusta, Ga.) - Jerry Cavitt was named senior vice president, biscuit division,
DAILY PETROLEUM PRICES
JOC Staff |
Thursday July 18, 1991 Prevailing sellers' posted prices at the close of business, represent
DES MOINES AIRPORT USES CARGO TO LURE INDUSTRY
Kevin Commins |
After several years of rapid cargo growth, Iowa's Des Moines International Airport is looking to use
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPANESE BANK SAID TO BE BCCI VICTIMTOKYO - The Industrial Bank of Japan lost $30 million by
IMPROVED S. KOREAN ECONOMY ATTRACTS FOREIGN INVESTMENT
JOC Staff |
Foreign investment in South Korea rose for the first 6 months of this year after 2 years of decline,
EQUITABLE, AXA IN PARTNERSHIP AXA TO INJECT $1 BILLION CASH
From Wire and Staff Reports |
Equitable Life Assurance Society of the U.S. agreed Thursday to a $1 billion cash injection from Gro
BEST'S CREDIBILITY CHALLENGED FOLLOWING EXECUTIVE LIFE FAILURE
Barbara Demick |
In the insurance industry, A.M. Best Co. has long been as close to the Bible as it gets. Since 1906,
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 18, 1991Bid AskedCopper-
MARITIME CALENDAR
JOC Staff |
American Waterways Shipyard Conference. July 23-24. St. Louis, Mo. Committee meetings on July 23, ge
Maritime
VA. CONSULTANT'S REPORT BOOSTS PLAN FOR NEW AIRPORT IN NORTHWEST ARK.
John Boyd |
A thumbs-up signal appears to be the gist of the first working paper in a federally funded study on
SKINNER SEES VETO FIGHT OVER TAX BILL
From Wire Reports (Reuter) |
Transportation Secretary Samuel Skinner said Wednesday the administration's determination to veto a
CSX PRESENTATION TODAY: PORTENT FOR SEA-LAND'S FUTURE?
Erich E. Toll |
A CSX Corp. presentation at an analysts' meeting today is being watched closely for clues to the fu
Maritime
CANADIAN PIPELINE TESTS SCHEDULED
Knight-Ridder Financial |
U.S. refiners are concerned that a tightening of crude-oil supplies may develop soon in the north-ce
UKRAINE PUTS LIMIT ON SALES OF GRAIN
(Reuter) |
The Ukraine has banned free-market grain sales to other Soviet republics to ensure food supplies for
FIRM BECOMES TOP METHANOL PRODUCER
Journal of Commerce Staff |
A New Zealand-based forestry company, Fletcher Challenge Ltd., has reportedly become the world's lar
JAPAN'S RISING TRADE SURPLUS LIKELY TO AGGRAVATE EXISTING FRICTION
A.E. Cullison |
Japan is bracing for renewed friction with the United States and the European Community as the proba
LONGSHORE LABOR'S PAST MARKED BY CONTROVERSY, CONFRONTATION
Journal of Commerce Staff |
Containerization has made today's longshore industry all but invisible to the general public, but in
INSURANCE BRIEFS
Wire and Staff Reports |
AIG SUBSIDIARY ENTERS INVESTMENT VENTUREAIG Investment Corp. and Standish, Ayer & Wood, a Bo
GASOLINE PRICES
JOC Staff |
July 18, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,315-$1,325 per ton lots & in warehouse min. 99.
APC REPORTS STRONG INCREASE IN SECOND-QUARTER EARNINGS
Allen R. Wastler |
A rising tide of international traffic to and from the Far East helped American President Cos. post
NEW RADIO SYSTEM KEEPS BUSINESS IN AFRICA TUNED IN
Duncan Robinson |
A satellite hookup enabled U.S. television reporter Peter Arnett and the Cable News Network crew to
GREG JOHNSON - MANAGING TRAFFIC
Greg Johnson |
KLM ROYAL DUTCH AIRLINES has become the latest air carrier to exit the tropical bird business.
HIGH COTTON STOCKS SEEN CONTINUING
Knight-Ridder Financial |
World cotton stocks are likely to continue to build up in 1991-92 (August- July), but rising consump
TRANSPORT BRIEFS
From Wire and Staff Reports |
TRANSPORTATION BILL INTRODUCED IN HOUSEThe bipartisan leadership of the the House Public Wor
EARNINGS FOR CONRAIL, UP SHOW BENEFITS FROM DEREGULATION
Lawrence H Kaufman |
Two big railroads, one eastern and the other western, released earnings for the second quarter demon
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
DISPUTE PANEL TO REVIEW US-CANADA CORN ROW
John Zarocostas |
Canada agreed Thursday to the formation of a trade dispute panel to investigate a complaint that cou
Maritime
US SOFTWARE GIANTS SUE CANADIAN FIRMS FOR PIRACY
From Wire Reports |
Four U.S. computer-software giants have sued two Canadian computer dealers for pirating programs.
Maritime
E AWARD-WINNING EXPORTERS MORGEN MANUFACTURING
JOC Staff |
DATE OF AWARD: "E Star" award in 1991. "E" Award in 1981.WHY THE AWARD WAS GIVEN:Mor
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 13, total piggyback freight hauled on the nation's major railroads equaled 1
RAIL LABOR UNION CHIEF DEFEATED IN ELECTION
Geoffrey H. Brown |
In a vote that shocked labor and management officials alike, Richard I. Kilroy, president of the Tra
SOUTHERN ARM OF ILA ACCENTS CONCESSIONS
Craig Dunlap |
The job security of unionized longshoremen in the South has improved noticeably overall since the wa
ASEAN TO FLEX ECONOMIC MUSCLE AT ITS INTERNATIONAL CONFERENCE
Mark Magnier |
Top-level ministerial meetings in Kuala Lumpur this week and next by the Association of Southeast As
CASH SALES TO SOVIET UNION THRILL WORLD SUGAR TRADERS
Howard Simon |
World sugar futures soared Thursday on reports the Soviet Union was in the market buying substantial
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 18, 1991 Prices in the spot chemicals table include spot quotations or list price
SPOT PRODUCT PRICES
JOC Staff |
July 18, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
TRADE GAP STEAD
Richard Lawrence |
The United States posted a $4.57 billion merchandise trade deficit in May - virtually the same as in
CHINA, S. KOREA TO NEGOTIATE BILATERAL TRADE ACCORD SOON
Knight-Ridder Financial |
China and South Korea will soon negotiate the signing of a bilateral trade and investment protection
Maritime
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