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JAPAN, USSR WORKING ON FORESTRY PACT
A.E. Cullison |
Japan and the Soviet Union are expected this summer to sign a billion dollar Siberian forestry devel
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPAN REAL ESTATE FIRM SAID TO BE BANKRUPTHigh interest rates and restrictions on bank loans
BEARISH FACTORS WEAKEN DOLLAR
Knight-Ridder Financial |
The U.S. dollar slid broadly lower Tuesday as the market tilted toward a bearish view of the U.S. ec
REVENUES UP, VOLUME DOWN AT NC PORTS
Craig Dunlap |
The ports of Wilmington and Morehead City may never have been sitting prettier, despite a cargo volu
TRADE BRIEFS
From Wire and Staff Reports |
US OFFICIAL WARNS CHINA ON HUMAN RIGHTSRobert Kimmitt, U.S. undersecretary of state for poli
Maritime
BANKERS PARTIAL TO HOME TURF
Debbie Norton |
When it comes to international business, North Carolina's banks prefer to stay close to home.
ARGENTINA'S PRODUCTION OF SOYBEANS UNCHANGED
Knight-Ridder Financial |
The Argentine Agriculture Secretariat on Tuesday estimated the country's 1990-91 (October-September)
EASTERN RETIREES FIGHT TO KEEP MEDICAL COVER
Ted Reed |
Eastern Airlines retirees, threatened with a May 15 cut-off of their medical coverage, want to chang
INSURANCE BRIEFS
Wire and Staff Reports |
CALIF. WANTS SHEARSON TO AID FIRST CAPITALJohn Garamendi, California insurance commissioner,
NUTTER LEAVES THE ALLIANCE
Journal of Commerce Staff |
Franklin W. Nutter has resigned as president of The Alliance of American Insurers, the association s
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 7, 1991Brent Crude Oil - (Dollars Per Barrel)--
GASOLINE PRICES
JOC Staff |
May 7, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premiu
INTERNATIONAL BUNKER PRICES
JOC Staff |
Journal of Commerce Special LONDON - The following is the list of bunker prices obtained dur
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday May 7, 1991 Prevailing sellers' posted prices at the close of business, representing
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/7 5/6 Change % Change:
SPOT COMMODITIES
JOC Staff |
May 7, 1991 Included are list prices of suppliers. Quotations do not necessarily represent p
SENATOR WANTS DATA ON SAFETY OF BIG RIGS
Traffic World |
The leader of a Senate panel overseeing highway spending has warned that the ''tempo is building" in
ENERGY BRIEFS
From Wire and Staff Reports |
THAILAND STUDIES HYDROPOWER PROJECTSBANGKOK, Thailand - The Electricity Generating Authority
WESTMORELAND COAL EXPANDS OPERATIONS WITH KY. PURCHASE
Tim Sansbury |
Westmoreland Coal Co. is expanding its eastern Kentucky coal holdings through the purchase of Golden
SHIPPERS TURN TO SMALL PACKAGES IN FACE OF RECESSION
Gregory S. Johnson |
Shippers are turning to small-package carriers in the face of a weakened economy and higher minimum
PORT OF SAN FRANCISCO EMBARKS ON OVERHAUL
Allen R. Wastler |
The Port of San Francisco is embarking on a major overhaul of its business operations. The m
JOINT VENTURES ENLARGE MITSUI O.S.K.'S BULK PRESENCE
Journal of Commerce Staff |
Mitsui O.S.K. Lines Ltd. has been steadily expanding its presence in the world's bulk shipping marke
Maritime
RESIDENTS RETURN HOME AFTER CHLORINE GAS LEAK
Journal of Commerce Staff |
Residents were allowed to return to their homes in Henderson, Nev., after a chlorine gas pipeline br
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF MAY 6
Journal of Commerce Staff |
The European Commission's cartel office started investigations into link-ups between leading compani
Maritime
BAR GROUP CRITICIZES BUSH PLAN ON ANTITRUST
Journal of Commerce Staff |
A Bush administration plan calling for the possible enforcement of antitrust laws against foreign co
Maritime
SOVIETS SEEN SHYING FROM FREE RUBLE MARKET
Michael S. Lelyveld |
Despite a new exchange in hard currency, the value of the Soviet ruble has remained unchanged over t
Maritime
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
EASTERN EUROPEAN ECONOMIES are tremendously inefficient because of a lack of free market pricing and
Maritime
NY MULLS 25 PERCENT WORKERS COMP RATE HIKE
From Wire Reports |
Salvatore R. Curiale, New York Insurance Superintendent, will hold a public hearing on May 30, 1991,
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange May 6, 1991CRUDE OIL(1,000 barrels; dollars and cents p
COST OF CREDIT
JOC Staff |
Tue., May 7, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
LYKES BROS. SHIPS MAKING DIRECT CALLS AT KUWAITI PORT
Erich E. Toll |
Lykes Bros. Steamship Co. is adding direct calls in Kuwait and plans to boost the frequency of its M
Maritime
POLICY SWITCH THROWS FUTURE OF HIGHWAYS IN TO QUESTION
Reed Karaim |
Congress has begun struggling with a question millions of commuters ponder every day: whether it mak
ONE CF TARIFF STRUCK DOWN, ANOTHER RULED VALID
Geoffrey H. Brown |
The Interstate Commerce Commission rejected one of two ConsolidatedFreightways Inc. tariffs
EC PROBES BELGIAN PLAN TO SAVE SABENA
Bruce Barnard |
The European Community Commission Tuesday launched an investigation into the Belgian government's pl
NIMO MAY RESUME PAYING DIVIDENDS SOON, OFFICIAL SAYS
From Wire Reports |
Niagara Mohawk Power Corp. should be able to resume payment of dividends on common stock in 1991, sa
CARIBBEAN FIGHTS US BID TO CUT LABOR IMPORTS
Canute James |
Caribbean officials are fighting attempts to curtail a U.S. farm work program, claiming that employm
Maritime
EPA SEEKS NEW RESTRICTIONS ON HAZARDOUS WASTE EXPORTS BILL IMPLEMENTS BASEL CONVENTION
WILLIAM DiBENEDETTO |
The Bush administration asked Congress for new restrictions on a limited portion of U.S. waste expor
Maritime
DU PONT DUE TO PRESENT MEDALS FOR SCIENTIFIC ACHIEVEMENT
Journal of Commerce Special |
E.I. du Pont de Nemours & Co. plans to honor 10 scientists whose contributions span almost 150 years
MEXICO PROMISES CFCS ELIMINATION 10 YEARS EARLIER THAN SCHEDULED
John Maggs |
Mexico intends to act 10 years ahead of schedule in stopping the use of chemicals that harm the ozon
CITIBANK TO OPEN SHANGHAI BRANCH
Journal of Commerce Staff |
Citibank said it was granted a license by the People's Bank of China in Beijing to operate a branch
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