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PUBLISHER'S NOTEBOOK
Don C. Becker |
The phone message was simple: Tee-off time was 7:30 a.m., and I was paired with Lee Trevino.
SPOT COMMODITIES
JOC Staff |
June 4, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
SAUDI ARABIA REJECTS CALLS TO CUT BACK ON OIL PRODUCTION
(Reuter) |
Saudi Arabia, the world's biggest oil exporter, rejected calls to curb production and help boost pri
NORFOLK SOUTHERN WANTS TO BUY VA. TERMINAL IT CURRENTLY LEASES
Craig Dunlap |
Norfolk Southern Corp. plans to purchase one of the two Norfolk breakbulk terminals it leases from t
CHIP PACT AIMS TO BOOST FOREIGN SHARE IN JAPAN
Keith M. Rockwell |
The United States and Japan agreed Tuesday on a semiconductor trade pact that seeks to give foreign
INSURANCE BRIEFS
Wire and Staff Reports |
USLIFE ANNOUNCES REPURCHASE PROGRAMUslife Corp., a life insurance-based holding company, sai
RESHUFFLING AT DELMAS ALTERS CONTROL OF CARRIER
Journal of Commerce Special |
After three years of setbacks, French businessman Vincent Bollore is poised this week to gain effect
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1752 (June 4, 1991) Previous day - 1758 The Baltic International Freight Futures Market in L
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday June 4, 1991 Prevailing sellers' posted prices at the close of business, representin
TRADE BRIEFS
From Wire and Staff Reports |
PARIS FASHION HOUSE ANNOUNCES PURCHASEStruggling French fashion house Balmain has been bough
Maritime
CANADA RECESSION SEEN BOTTOMING OUT
Leo Ryan |
Economists see some light at the end of Canada's deep recessionary tunnel following the worst quarte
TAIWAN'S EXPORTS HIT RECORD IN MAY
(Reuter) |
Taiwan's exports surged to a record high in May, fueled by strong demand in China and some other maj
Maritime
ANTI-NUCLEAR GROUP SEEKS TO CLOSE OLDEST OPERATING US COMMERCIAL UNIT
(Reuter) |
An anti-nuclear group Tuesday called for the shutdown of the nation's oldest operating commercial re
LEGISLATORS TO ADDRESS SOLVENCY ISSUES
From Wire Reports |
Top state insurance regulators and industry representatives will answer questions on the financial t
PEOPLE - INSURANCE
Wire and Staff Reports |
AAA MICHIGAN (Dearborn, Mich.) - Terrence W. Shea was named vice president of Insurance Operations,
LLOYD BRASILEIRO SHIP LINE APPOINTS GULF & EASTERN AS ITS US AGENT
Leeann Lodder |
Companhia de Navegacao Lloyd Brasileiro named a new U.S. agent Tuesday for the U.S.-Brazil liner ser
Maritime
NYCE SETS SECOND-HIGHEST VOLUME MARK
Knight-Ridder Financial |
Strong sales in cotton futures and the U.S. dollar index options market helped propel New York Cotto
EC WILL ALLOW NATIONS TO CHOOSE US CORN LEVY
Knight-Ridder Financial |
The European Community has decided to allow its member nations to determine what levies should be pl
SOVIET DOCKERS WEIGH NATIONAL WORK STOPPAGE
John Davies |
A dispute over longshoremen's pay at the Port of Leningrad has the Soviet maritime union considering
FINANCIAL BRIEFS
Wire and Staff Reports |
FINLAND LINKS MARKKA TO EUROPEAN CURRENCYBRUSSELS, Belgium - Finland's decision Tuesday to l
CHEMICAL BRIEFS
From Wire and Staff Reports |
MEDICIS EARNS PATENT FOR TREATMENTNEW YORK - Medicis Pharmaceutical Co. announced it has bee
NEW OIL RULES MAY BOOST INDONESIA SALES
Knight-Ridder Financial (Knight-Ridder Financial News |
Indonesia's deregulation of palm oil exports is seen as allowing the country to compete with Malays
DU PONT REJECTS ALLIED-SIGNAL LAWSUIT CLAIMS
Journal of Commerce Staff |
E.I. du Pont de Nemours & Co., of Wilmington, Del., has rejected claims in a lawsuit filed by Allied
CANADA WANTS GREATER ACCESS TO US CONTRACTS FREE TRADE TALKS SHOULD BE LIVELY
Leo Ryan |
Canada wants greater access to U.S. government procurement contracts and the U.S. financial services
GERMANY TO AID IN IRANIAN PORT, JETTY PROJECTS
From Wire Reports |
Germany will provide "support and assistance" to build a jetty with a 50- million-ton capacity on Ir
Maritime
AMERICAN PRESIDENT LINES DEDICATES INTERMODAL TERMINAL IN ATLANTA
Craig Dunlap |
Despite oppressive sweltering temperatures, about 450 persons turned out Friday night to help Americ
FINANCIAL BRIEFS
Wire and Staff Reports |
S. KOREAN SHARE PRICES FALL TO YEAR-LOW LEVELSEOUL, South Korea - South Korean share prices
DROP IN GASOLINE PRICES EXPECTED AS PRODUCTION AND STOCKPILES INCREASE
Julia C. Martinez |
Gasoline prices shot up along with the mercury as motorists began their summer road rituals, but tra
SPOT PRODUCT PRICES
JOC Staff |
June 3, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
ROSALIND RACHID'S TRADE TALK
Rosalind Rachid |
THE BATTLE BETWEEN domestic manufacturers and importers over which of the two could better - and mor
Maritime
JAPAN REPORTS PROGRESS ON PLATINUM FUEL CELL
Knight-Ridder Financial |
Japan's Ministry of International Trade and Industry on Monday said it was progressing in the develo
SARA LEE PLANS SALE OF EUROPE DRUG UNIT
Journal of Commerce Special |
Sara Lee Corp. announced an agreement to sell its European-based over-the- count er pharmaceutical b
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
S. KOREA'S TRADE DEFICIT DROPS TO $715 MILLIONSouth Korea's customs-cleared trade deficit na
US AGREES TO SUSPEND JAPANESE CHIP SANCTIONS
John Maggs |
The United States agreed to suspend $165 million a year in trade sanctions against Japan as part of
EC'S PUSH TOWARD FREE CARGO TRADE SPURS HOPE, ANXIETY IN US OFFICIALS
Mark B. Solomon |
A European Community delegation met last week in Washington with the Department of Transportation to
FORMER DOCKER CHIEF REACHES SETTLEMENT IN RICO CASE
Journal of Commerce Staff |
Anthony Scotto, a former head of a Brooklyn dockworkers' union local who was convicted in 1980 of ac
Maritime
SOVIETS STILL ELIGIBLE FOR US FINANCING
Richard Lawrence |
The White House announced Monday that the Soviet Union will remain eligible for U.S. government expo
BURLINGTON NORTHERN DELAYS NEW CHARGE ON BILLS OF LADING ADDITIONAL COMMENTS FROM SHIPPERS SOUGHT
Gregory S. Johnson |
Bowing to shipper protests, Burlington Northern Railroad has delayed until August plans to charge fo
SETTLEMENT NEAR IN MASTERS UNION PENSION LAWSUIT
Bruce Vail |
A settlement is expected Wednesday in a massive lawsuit that has wracked the Masters, Mates & Pilots
HUNCH ON TRADE FAIR PAID OFF HANDSOMELY REPEAT SET FOR NEXT YEAR
John Boyd |
Peter McKenna got his brainstorm for a postwar U.S. trade show in Dubai, got approval to start spend
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