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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
TRADE BRIEFS
From Wire and Staff Reports |
BILL WOULD HIKE ABILITY TO BLOCK ACQUISITIONSTwo House members introduced legislation Monday
Maritime
AIR CANADA SETS ITS SIGHTS ON FORGING INTERNATIONAL ALLIANCES
Ira Breskin |
Air Canada has designs on the altar, but isn't in any rush to get there. Claude I. Taylor, A
US-JAPAN CHIP TALKS TO RESUME AT WEEKEND
Knight-Ridder Financial |
U.S. and Japanese officials broke off talks on a new semiconductor trade agreement this past weekend
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
LATIN FINANCE MINISTERS WALK POLITICAL HIGH WIRE
(Reuter) |
The downfall of Brazil's economy minister last week was as inevitable for many Latin Americans as th
Maritime
JAPANESE REFINERS SHOULD BE FREE TO EXPAND CAPACITY, ECONOMIST SAYS
Knight-Ridder Financial |
While the Persian Gulf war demonstrated that Japan's ability to withstand oil-supply shocks has vast
JAPAN EXPECTS LNG DEMAND TO INCREASE
Knight-Ridder Financial |
Japan's demand for liquefied natural gas will reach 57 million tons in 2010, up from 33 million in
ACCIDENTS COULD PUSH OIL PRICES OUT OF NARROW TRADING RANGE
Abudi Zein |
A series of refinery accidents, and the sensitive reaction of the market to the explosions and fires
GLOBAL ENERGY MARKET VULNERABLE TO SUPPLY DISRUPTION, ANALYSTS WARN
Mark Magnier |
Any unexpected disruption in energy supply over the near-term could seriously affect the global ener
PEOPLE - CHEMICALS
From Wire and Staff Reports |
BRISTOL-MYERS SQUIBB CO. (New York) - Michael E. Autera, executive vice president and chief financia
CORRECTION
JOC Staff |
The story headlined "S&P Study Focuses On Insurer Solvency," which appeared on Page 9A in The Journa
VA. DEPARTMENT SEIZES FIDELITY BANKERS LIFE
Brigitte Maxey |
The Virginia Insurance Department seized control of Fidelity Bankers Life Insurance Co. of Richmond,
QUOTA WATCH
JOC Staff |
Textile Quotas to Watch as of May 10, 1991* Country Category Description
Maritime
SAUDIS SEEN USING RESERVES, BORROWING TO COVER BUDGET GAP
Knight-Ridder Financial |
Saudi Arabia is expected to draw on its reserves or resort to foreign borrowing to finance an estima
RAIL TRAFFIC FELL 8.6 PERCENT IN APRIL AS ALL COMMODITY GROUPS OFF
Lawrence H Kaufman |
Economists who use railroad traffic data as a coincidental indicator of the industrial production c
NORTH CAROLINA RACES TO DEVELOP MASSIVE CARGO HUB OFFICIAL PROMOTES STATE AS 'LOGICAL'
Craig Dunlap |
North Carolina government officials believe the state has taken the lead toward the development of a
PARIS CONFERENCE TO FOCUS ON INTERNATIONAL SUBJECTS
Journal of Commerce Special |
Do markets develop differently if there is one regulator for futures and securities? Where should th
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Opportunities in the Pacific Rim. May 15. Orange, Calif. Contact Orange Count
Maritime
JOFC INDUSTRIAL PRICE INDEX RISES ON SIGNS OF RECOVERY
Howard Simon |
The Journal of Commerce Industrial Price Index edged higher last week amid signs of economic recover
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