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DRILLING SLOWDOWN IN TEXAS COULD BE ENDING, DATA SHOW
Knight-Ridder Financial |
A sharp three-month slowdown in oil and natural gas drilling activity in Texas may be ending despite
MORE PLATINUM INVESTMENTS ARE DUE: JOHNSON MATTHEY
Howard Simon |
Johnson Matthey PLC, the London-based platinum refiner and fabricator, is more bullish than ever on
WORLD TIRE INDUSTRY EXPANDS
Knight-Ridder Financial |
The market will become more competitive for producers and suppliers of natural rubber because of the
COMMODITY BRIEFS
From Wire and Staff Reports |
US FARM EXPERTS PLAN VISIT TO SOVIET UNIONLONDON - A U.S. team of agricultural experts is du
13 SHIP LINES FOUND LIABLE FOR DAMAGES IN ASBESTOSIS CASE
Bruce Vail |
In a legal case that may set an expensive precedent for U.S. shipping companies, a jury in Clevelan
Maritime
FIRMS OPERATE WITH CONCERN FOR NATURE
Journal of Commerce Staff |
Growing concerns for the environment continue to affect the way companies do business, according to
COST OF CREDIT
JOC Staff |
Mon., May 13, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
STUDY SHOWS PAPER SHUFFLING TAKES BIG BITE OUT OF US HEALTH CARE DOLLAR
Knight-Ridder Newspapers |
Paperwork gobbles up about 20 cents of every dollar Americans spend on health care, and attempts to
COMEX METAL WAREHOUSE
JOC Staff |
May 13, 1991 Copper Total, 25,940. Gold Total, .1,432,327.Silver Total, .261,327,977.
DAILY PETROLEUM PRICES
JOC Staff |
Monday May 13, 1991 Prevailing sellers' posted prices at the close of business, representing
BUSH WANTS SHIPBUILDING FUNDS KILLED MARITIME SECTOR VOWS TO FIGHT
WILLIAM DiBENEDETTO |
The Bush administration is poised to recommend the end of two tax-deferred construction fund program
FLOOD BARRIER PROJECT GETS BLAME FOR POISONED WATER IN LENINGRAD
(Reuter) |
The water that flows in Leningrad's rivers and canals, through a glittering city of golden Italianat
Maritime
UPPER STRETCH OF OUACHITA POISED FOR BARGES
John Boyd |
At least one and perhaps two major shippers in southeast Arkansas plan to activate an unused segment
PHILIPPINES PLANS THIRD ATTEMPT TO SELL STATE-OWNED CARRIER
Chris Brown |
The government once again will try to privatize its state-run shipping company at the end of this mo
Maritime
AUSTRALIA TO MONITOR SEA LEVELS AND GREENHOUSE EFFECT IMPACT
(Reuter) |
Australia has begun a long-term scientific study of Pacific Ocean sea levels partly in response to f
Maritime
INDUSTRY REVIEWS LOBBYING TACTICS, FEARING EUROPEAN SPILL LEGISLATION
Janet Porter |
The prospect of tough anti-pollution laws in Europe is forcing the international shipping community
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
FRENCH BOND YIELDS SEEN DROPPING FURTHERFrench and German long-term bond yields will converg
MEXICAN ENVOY SAYS FOOD DISPUTES TO BE PART OF TRADE TALKS
John N. Maclean |
Every year, Mexico produces about 900 million pounds of "green gold" - fat, pear-shaped avocados use
BALTIC FREIGHT INDEX
JOC Staff |
1639 (May 13, 1991) Previous day - 1636 The Baltic International Freight Futures Market in L
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 13, 1991Brent Crude Oil - (Dollars Per Barrel)-
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 214.06 off 1.16 which compares w
MEXICO ACTS TO LURE PRIVATE INVESTORS TO TRANSPORT SECTOR
John Maggs |
Mexico is relying on private investors to build highways, border crossings and new port facilities,
Maritime
CP RAIL OPERATES ROADRAILERS IN INTERLINE SERVICE TO CANADA NS HOPES OTHERS WILL FOLLOW SUIT
Lawrence H Kaufman |
The RoadRailer, long touted as a technology of the future, has a new present. A hybrid vehic
ANALYSTS SEE FED DEBATE ON EASING
Cathy Kristiansen |
A fiery debate may erupt today when Federal Reserve policymakers meet to vote on their interest-rate
LASER LINES LTD. AB REPORTS PROFIT FOR FIRST FULL YEAR OF OPERATION
Journal of Commerce Staff |
Liberalized trade and maritime policies throughout Latin America are bringing stiffened competition
Maritime
ROSALIND RACHID'S TRADE TALK
Rosalind Rachid |
TURKEY'S AMBASSADOR TO THE UNITED STATES dropped by our offices in New York Friday for a little chat
Maritime
FOUR AIRLINES UNITE TO TRACE CARGO ELECTRONICALLY SYSTEM SCHEDULED FOR JULY 1 START-UP
TOM McNIFF Jr. |
A four-airline joint venture aimed at providing shippers and cargo agents with automated worldwide c
ROLLS-ROYCE FIRES, OFFERS TO REHIRE, 34,000 WORKERS
(Reuter) |
British aircraft engine maker Rolls-Royce PLC dismissed and then offered to re-employ its entire 34,
TOBACCO INDUSTRY BOOMING IN CHINA
Uli Schmetzer |
In this Shangri-La of China's booming tobacco industry, peasant women drag ancient ox carts with a m
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CALDWELL APPOINTED HOEGH-UGLAND AGENTJERICHO, N.Y. - Hoegh-Ugland Auto Liners A/S named Cald
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
SUPREME COURT LIMITS SUITS BY EMPLOYEESThe U.S. Supreme Court ruled Monday that workers may
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 13, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/13 5/10 Change % Change:
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,310-$1,320 per ton lots & in warehouse min. 99.
AS ASIA GROWS, ITS NEEDS FOR ENERGY MAY PINCH WEST
Mark Magnier |
The growing economic prowess of Asia and its thirst for energy will spur a series of global changes
ECONOMISTS EXPECT MILD THIRD QUARTER RECOVERY
Knight-Ridder Financial |
The U.S. economy should begin to emerge from the recession by the third quarter, but the initial rec
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
DESPITE REFORMS, S. AFRICA SCARES OFF INVESTORS
(Reuter) |
The political violence that South African stock exchange official Mike Thompson usually knows only a
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