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OILSEED, VEGETABLE OIL PRICES WILL CONTINUE CLIMB: OIL WORLD
Knight-Ridder Financial |
World prices for oilseeds, vegetable oils and fats are recovering from recent low levels and should
GASOLINE PRICES FALL SLIGHTLY
From Wire Reports |
The average price of gasoline in the United States fell slightly this week after increasing for 11 s
CANADIAN AGRICULTURAL SOURCES SEE FEW SNAGS IN FREE TRADE WITH MEXICO
Knight-Ridder Financial |
Canadian government and grain industry sources see few impediments to agricultural free trade betwee
Maritime
EXCHANGE SET TO BEGIN TRADING OIL IN USSR
Knight-Ridder Financial |
The Soviet Union's commodity exchange in Tyumen, the country's largest oil- producing region, plans
ASIAN FUEL BUYERS EXPECT INCREASE IN STEAM COAL USE OUTLOOK GRIM FOR COKING COAL
Tim Sansbury |
Fuel buyers for Asian utilities at the 6th Pacific Rim Coal Conference said Tuesday their steam coal
OCEAN CONSOLIDATORS WEIGH PUSH FOR DEREGULATION
WILLIAM DiBENEDETTO |
Ocean freight consolidators are wrestling with whether to push for deregulation of their industry th
Maritime
PROBLEM LOANS GROWING FOR INSURERS, STUDIES SAY
Knight-Ridder Financial |
Two studies released Monday indicate that problem mortgages and real-estate loans are mounting at in
JAPAN'S TRADING HOUSES HELP MOVE US EXPORTS
William Armbruster |
If Fortune Magazine's annual list of the largest U.S. exporters included trading companies, Japanese
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
CF MOTOR THROWS IN THE TOWEL ON PROPOSED JULY RATE HIKE TRUCK BUREAUS RETHINK PLANS, TOO
Gregory S. Johnson |
CF Motor Freight has jumped off the fence and says it, too, is delaying a proposed 3.5 percent July
SWISS FORWARDER POSTS 8.8 PERCENT FALL IN PROFIT
Miriam Widman |
Kuehne & Nagel Group, a Swiss-based freight forwarder, reported net profit of 34.2 million Swiss fr
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 11, 1991Brent Crude Oil - (Dollars Per Barrel)
COMEX METAL WAREHOUSE
JOC Staff |
June 11, 1991 Copper Total, 24,858. Gold Total, .1,739,757.Silver Total, .263,566,397.
TANKER OWNERS FLOAT IDEA FOR US POLLUTION FUND
JANET PORTER Journal of Commerce Staff |
Tanker owners are considering whether to contribute to a new fund that would be used exclusively to
STALEY INTRODUCES FAT SUBSTITUTE MADE FROM MODIFIED CORN STARCH
Patricia Crisafulli |
A.E. Staley Manufacturing Co., the second largest corn refiner in the United States, will introduce
USSR FARMS TROUBLED, SOVIET OFFICIAL SAYS
(Reuter) |
Soviet agriculture is in a crisis as food production fell for the first time in many years, Deputy P
SOVIET OFFICIALS DEFEND QUALITY OF CUBAN NUCLEAR PLANT PROJECT
(Reuter) |
Soviet atomic energy officials defended the safety of a pair of nuclear reactors they are building i
US BUSINESSMAN SEEK OPPORTUNITIES IN PHILIPPINES NEW INVESTMENT CODE EASES REGULATIONS
P.T. Bangsberg |
Rumbling volcanoes and political uncertainty notwithstanding, at least one group of U.S. businessmen
Maritime
JAPANESE COMPANIES TO ENTER MARKET FOR GASOLINE ADDITIVE
(Reuter) |
Japanese companies are poised to enter a fast-growing market for a little- known chemical that provi
AMERICAN PRESIDENT LINES ALLEGES SHIPPER MISDESCRIBED CARGO
Journal of Commerce Staff |
American President Lines Ltd., Oakland, Calif., charged that a Colorado mineral exploration, product
Maritime
APPEALS COURT RULING CONTRADICTS BANK REFORM BILL IN CONGRESS
Aviva Freudmann |
A U.S. Appeals Court ruling Monday, upholding insurance underwriting powers for state chartered bank
ADVISORY RATE GROUPS SAID TO NEED MORE INPUT FROM PUBLIC, REGULATORS
Lorraine Iannello |
Organizations that collect and distribute insurance company data to be used to set rates have come u
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/11 6/10 Change % Change:
QUARTEL CRITICIZES BOOZ-ALLEN ANALYSIS OF 1984 SHIP ACT
WILLIAM DiBENEDETTO |
Rob Quartel, a member of the Federal Maritime Commission, dismissed a recent carrier-sponsored study
Maritime
ALUMINUM EXPORTS FROM SOVIET UNION FLOOD EUROPE AND DEPRESS PRICES
Jackie Cowhig |
The Soviet Union is flooding the European market with aluminum exports in a bid to gain much needed
METAL RALLY STOPPED BY PROFIT-TAKING
Knight-Ridder Financial |
Profit-taking halted a three-day rally in the precious metals markets here Tuesday. The rece
POLYETHYLENE, ALUMINUM ARE IN MONTEDISON PLANS
Journal of Commerce Special |
Montecatini, the chemicals, pharmaceuticals and energy subsidiary of Montedison SpA of Italy, has e
WIDESPREAD DISEASE HURTS MIDWEST WHEAT PRODUCTION
From Wire and Staff Reports |
Wheat prices were higher Tuesday on concerns about the deterioration of the soft red winter wheat cr
INDIA POSTS TRADE SURPLUS
Knight-Ridder Financial |
A modest trade surplus of 1.35 billion rupees (U.S.$64.3 million) was posted by India in April, the
POINT ARGUELLO PARTNERS FILE SUIT OVER APPEAL
Knight-Ridder Financial |
The partners in the Point Arguello oil field project Monday filed suit in Superior Court against the
INSURANCE BRIEFS
From Wire and Staff Reports |
'ORDERLY WITHDRAWAL' UPHELD IN NEW JERSEYAn appellate division of the New Jersey Superior Co
MASS. GOVERNOR NEAR DECISION ON COMMISSIONER
Journal of Commerce Special |
Massachusetts Gov. William Weld probably will choose a new state insurance commissioner this week, a
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPANESE TO BOOST CAPITAL SPENDINGTOKYO - Japanese corporations of all industries plan to ra
CRUISE TRAFFIC SURGED 14 PERCENT IN FIRST QUARTER
From Wire Reports |
The number of people taking cruises rose strongly in this year's first quarter, while the rest of th
Maritime
DANISH GOVERNMENT NURTURES SHIPPING
Janet Porter |
The Danish government is determined not to rock the boat as far as its shipping industry is concern
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,220-$1,230 per ton lots & in warehouse min. 99.7
ASIAN FUTURES
JOC Staff |
June 11, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
COST OF CREDIT
JOC Staff |
Tue., June 11, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
UNDERCHARGE BILL FACES DIM OUTLOOK AS UNION WITHDRAWS SUPPORT
John D. Schulz |
Shipper interests have failed to attract Teamsters union support for compromise legislation that wou
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