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SPOT COMMODITIES
JOC Staff |
May 3, 1991 Included are list prices of suppliers. Quotations do not necessarily represent p
COAST GUARD LIKES MID-DECK TANKER DESIGN
WILLIAM DiBENEDETTO |
An alternative to the double-hull tanker design requirement for tankers calling at U.S. ports is get
FIRM GIVES NEW LOOK TO SCOTCH
Duncan Robinson |
Daniel Pisano likes good Scotch whisky with flashy packaging. Mr. Pisano, president of Macbe
YELTSIN PLEDGE TO COAL MINES COULD BE COSTLY
Michael S. Lelyveld |
A pledge by Russian leader Boris N. Yeltsin that coal mines in his republic's Kuzbass region may kee
S. KOREAN ACCOUNT DEFICIT LIKELY TO FALL, ANALYSTS SAY
Knight-Ridder Financial |
South Korea's current account deficit is likely to shrink in the second half of this year as exports
RAIL, PORTS DETERIORATION SPARKS DOUBTS ABOUT MAINTENANCE ABILITY
NATHANIEL SHEPPARD Jr. |
Ship operators who use the Panama Canal agree that Panamanians have the expertise to operate the wa
Maritime
LORRAINE IANNELLO INSURANCE REPORTER
JOC Staff |
Lorraine Iannello is a reporter on the insurance staff of The Journal ofCommerce, writing on all asp
FORMER LYKES CHIEF, JOSEPH LYKES JR., DIES
Journal of Commerce Special |
Joseph Lykes Jr., a former president of Lykes Bros. Steamship Co., died Tuesday in his New Orleans h
Maritime
NEWS SUMMARY
JOC Staff |
* Yugoslavia's Post-Nuptial Arrangement 4A * Greg Johnson - Managing Traffic 2B* Tim Sansbur
ENERGY BRIEFS
Wire and Staff Reports |
NORTH SLOPE OIL OUTPUT DECLINED IN APRILCrude oil production from the Alaska North Slope ave
AETNA DROPS AUTO LINES IN FIVE STATES
Janet Plume |
Hartford-based Aetna Life and Casualty Co. is pulling its personal auto writing operations out of Lo
COST OF CREDIT
JOC Staff |
Thu., May 2, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/2 5/1 Change % Change:
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday May 2, 1991 Prevailing sellers' posted prices at the close of business, representin
TRADE BRIEFS
From Wire and Staff Reports |
EC BUDGET ENVISAGES FARM SPENDING HIKEBRUSSELS, Belgium - The EC Commission's draft 1992 bud
Maritime
TEAMSTERS RACE IS WIDE OPEN, POLL INDICATES
Merrill Goozner |
The first-ever direct election for president of the International Brotherhood of Teamsters is a wide
SENATE HIGHWAY SPENDING BILL COMES UNDER MORE FIRE
Geoffrey H. Brown |
Organizations representing truckers, shippers, state highway officials and other highway users attac
BOMBAY GETS PRIVATE BOX STATION
Journal of Commerce Special |
Bombay's first wholly owned and managed container freight station became operational Wednesday.<
Maritime
NAVIX, SHOWA EXPECT PROFIT DROP
A.E. Cullison |
Executives of Japan's Navix Line Ltd. announced they expect a substantial decline in their recurrin
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
AEI REPORTS INCREASE IN 1ST-QUARTER INCOMEDARIEN, Conn. - Air Express International reported
CONCERNS ABOUT RAIN DELAYING PLANTING CAUSES CORN TO FIRM UP
From Wire and Staff Reports |
Concern in the grain trade that rain would delay 1991 corn crop plantingssent corn futures h
JAPAN FIRMS, AMID REFORMS, BOOST PRESENCE IN RICE MARKET
Jennifer Cody |
Anticipating the day their government lifts its ban on foreign rice imports, Japanese companies rang
PFIZER TO PAY LARGE PENALTY FOR POLLUTING
(Reuter) |
Pfizer Inc. will pay a $3.1 million fine for water pollution, one of the largest fines ever for such
MILL SHUTDOWNS POSSIBLE IN WEAK PAPER MARKETS
John Davies |
Extended shutdowns of Weyerhaeuser Co. mills lie ahead if domestic demand for the company's lumber a
MARITIME BRIEFS
From Wire and Staff Reports |
WATERMAN SEEKS OK TO USE FOREIGN VESSELThe Maritime Administration is considering a request
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 216.54 up 0.36 which compares
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 2, 1991Bid AskedCopper-Gr
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 2, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 2, 1991Brent Crude Oil - (Dollars Per Barrel)--
SOME PANAMANIANS HAVING SECOND THOUGHTS ON CANAL TREATIES
NATHANIEL SHEPPARD Jr. |
A recommendation by a legislator that Panama negotiate a new treaty to keep U.S. military forces he
Maritime
JOBLESS CLAIMS UP 2,000 IN US
Knight-Ridder Financial |
New claims for state unemployment insurance benefits were made by 500,000 people during the week end
CP CHIEF SAYS CANADA NEEDS JUST 1 NATIONAL RAIL
Leo Ryan |
William Stinson, chairman of Canadian Pacific Ltd., said there should be some rationalization of rai
B+H COMPANIES UNVEIL PROPOSAL TO COMBINE FLEETS
Journal of Commerce Staff |
Three publicly traded bulk shipping companies associated with the Bergvall + Hudner Group would merg
Maritime
MALEV HUNGARIAN, AIR CANADA LAUNCH JOINT AGREEMENT
Leigh Stoner |
Air Canada has started a new joint agreement that allows Malev Hungarian Airlines to feed westbound
MACBETH DIVISION OF KOLLMORGEN INSTRUMENTS
JOC Staff |
Date of award: "E Star" Award in 1989. "E" Award in 1986.Why the award was given:Mac
Maritime
FLA. GATOR GROWERS SNAP AT GLOBAL MEAT MARKET
Allen R. Wastler |
Florida alligator growers are looking to take a bigger bite out of the international market.
Maritime
COPPER SHRUGS OFF NEWS OF GECAMINES MOVEMENT
Knight-Ridder Financial |
Copper prices hardly reacted to reports that Zaire's state-owned copper producer Gecamines had decla
ICCO CHIEF SAYS QUOTAS PROBABLE
Knight-Ridder Financial |
Production quotas probably will be imposed on members as part of a new cocoa agreement expected to b
CORRECTION
JOC Staff |
A story on Page 9A of The Journal of Commerce of Wednesday, May 1, headlined ''Dingell Proposal Coul
BALTIC FREIGHT INDEX
JOC Staff |
1620 (May 2, 1991) Previous day - 1624 The Baltic International Freight Futures Market in Lo
Maritime
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