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NEW 'TIPS' SYSTEM BUILT FOR SPEEDY TRADING
Howard Simon |
Merrill Lynch Inc. and Prudential Securities Inc. are getting "Tips" on trading options on coffee, s
ITC VOTES TO SUPPORT DUTIES ON PET IMPORTS
Journal of Commerce Staff |
The International Trade Commission voted Wednesday to support duties on Japanese and South Korean ex
SPOT PRODUCT PRICES
JOC Staff |
May 22, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon, f
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 22, 1991Bid AskedCopper-G
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ROTTERDAM PORT REPORTS RECORD CARGO VOLUME
Bruce Barnard |
The Port of Rotterdam, benefitting from surging crude oil, bulk and container traffic, reported its
Maritime
SEATTLE PORT BOX CARGO JUMPED 12 PERCENT IN 1ST QUARTER
John Davies |
Heavy export traffic through the Port of Seattle drove container volume up 12 percent during the fir
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 22, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
AUSTRALIAN INSURANCE INDUSTRY EXPERIENCING TOUGH TIMES
Vincent W. Stove |
In keeping with conditions around the world, Australia's general insurance industry is struggling th
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 22, 1991 Prevailing sellers' posted prices at the close of business, represent
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange May 21, 1991CRUDE OIL(1,000 barrels; dollars and cents
HAPAG-LLOYD CHIEF FORECASTS 50 PERCENT CUT IN NUMBER OF LINER COMPANIES
Janet Porter |
The number of liner shipping companies is likely to halve over the coming decade as the whole indust
Maritime
ELECTRONICS INDUSTRY LEAPS TO THE FORE IN DATA INTERCHANGE
Tony Seideman |
Microchip manufacturers are establishing computerized ties that will make their industry the first t
SAUDI FLOATING OIL STORAGE EXPECTED TO FALL BY JUNE
Knight-Ridder Financial |
Saudi Arabia's floating oil stockpile is set to fall by almost 50 percent by June to 20 million bar
OIL SWAPS, PHYSICAL DEALS FORECAST TO INCREASE
Michael J. Strauss |
Oil swaps in the United States will grow at an annual rate of 30 percent while forward contracts for
MERCHANT MARINERS WHO SAILED IN GULF WAR ZONE TO GET MEDALS
Journal of Commerce Staff |
Honorary medals will be issued to civilian mariners who helped carry military cargo into the Persian
Maritime
CONN. CONSIDERS MOVES TO BOOST PORT BUSINESS
TOM McNIFF Jr. |
The Connecticut state Bureau of Waterways and Aviation is considering a joint marketing effort for t
Maritime
PHILA. PORT TO DEEPEN BULK TERMINAL CHANNEL
Leeann Lodder |
While long-discussed plans to deepen the Port of Philadelphia's main shipping channel remain stalled
Maritime
BOEING 777 MOVESCLOSER TO REALITY WITH FINALIZING OF JAPANESE ACCORD
John Davies |
With backing of the Japanese government, three of Japan's largest aerospace companies signed final c
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 22, 1991 Prices in the spot chemicals table include spot quotations or list prices
SPOT COMMODITIES
JOC Staff |
May 22, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
BALTIC FREIGHT INDEX
JOC Staff |
1685 (May 22, 1991) Previous day - 1677 The Baltic International Freight Futures Market in L
Maritime
TRADING WITH POLAND
Duncan Robinson |
Economic ProblemsContinueDespite mounting unrest, unemployment and the renewed threa
Maritime
SHIPPER TURNS TO ICC IN UNDERCHARGE CASE BROUGHT BY A-LINE
Gregory S. Johnson |
A New Jersey chemical shipper has turned to the Interstate Commerce Commission in hopes of defending
RATE HIKE PLANS UPSET CANADIANS
Leo Ryan |
Canadian shippers are up in arms over ocean rate increases that are expected to follow the just-anno
'SOCIAL' STRIKE FAILS TO PARALYZE BRAZIL
(Reuter) |
Three of Brazil's biggest labor unions launched a 48-hour general strike Wednesday to protest gover
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
VAN OMMEREN POSTS HIGHER OPERATING PROFITVan Ommeren Ceteco made more operating profit in th
Maritime
FMC JUDGE DENIES BID TO DISMISS VIRGIN ISLANDS PORT FEE COMPLAINT
Journal of Commerce Staff |
A Federal Maritime Commission law judge refused to dismiss a harbor charge complaint by a Virgin Isl
Maritime
ELECTRONICS FIRMS TRIM PLANS TO INVEST IN EUROPE
Journal of Commerce Staff |
The threat of a protracted recession, coupled with uncertainty over the fluid situation in Eastern E
Maritime
MAERSK RATE CUTS CAST CLOUD OVER SHIP-SHARING PLAN
Allen R. Wastler |
Recent price discounts by Maersk Line have strained ship-sharing negotiations between American Presi
SENATE PANEL BLOCKS EXPANSION OF HEAVY TRUCK OPERATIONS
Geoffrey H. Brown |
Trucking companies' hopes that the federal government would let states decide for themselves whether
ARGENTINA PUTS PRESSURE ON BRAZIL NOT TO BUY AMERICAN BONUS WHEAT
Knight-Ridder Financial |
Argentina is increasing political pressure on Brazil not to buy any of the export bonus wheat offer
COMMODITY BRIEFS
From Wire and Staff Reports |
BANK GROUP TO LEND GHANA $60 MILLIONACCRA, Ghana - A consortium of 22 banks led by the Unite
CORN PLANTING PROGRESS EASES FEARS ABOUT CROP
Ned Stafford |
Substantial progress in American corn plantings has eased concern about the effect delayed plantings
BRITISH CONSERVATIVES BATTLE TO CHANGE POPULAR NATIONAL HEALTH CARE SYSTEM
From Wire Reports (Reuter) |
Britain's reformist Conservative government has stirred up an electoral hornets' nest with a plan to
PEOPLE - CHEMICALS
From Wire and Staff Reports |
WITCO CANADA INC. (Toronto) - Abe I. Greenberg has been named president and general manager, effecti
DIESEL FUEL DEMAND FROM FARMERS STARTING TO REBOUND, TRADERS SAY
Knight-Ridder Financial |
Diesel fuel is starting to rebound on demand from U.S. farmers who refrainedfrom buying whi
ATLANTIC RATES TO RISE ON SHIP CAPACITY CUTBACK
Erich E. Toll |
Rates to move cargo between Europe and the U.S. East Coast will be boosted by the plan to reduce cap
Maritime
PORT OF OAKLAND DECIDES TO MAKE CONTROVERSIAL PAYMENT TO CITY
Allen R. Wastler |
The Port of Oakland's board of commissioners decided to make a controversial $5.2 million payment to
Maritime
QUAYLE COURTS SINGAPORE TRADE, SKIRTS ASIAN BLOC ISSUE
Mark Magnier |
U.S. Vice President Dan Quayle, visiting Singapore Wednesday, said talks will begin soon on a bilate
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