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CYCLONE DEVASTATES MAIN PORT IN BANGLADESH, CHITTAGONG
Leeann Lodder |
At least one shipping line suspended service to the Port of Chittagong, Bangladesh, in the wake of l
Maritime
FULL REVIEW OF TREASURY PLAN IS AGREED TO BY DEMOCRATS
Aviva Freudmann |
A caucus of House Democrats has deflected an effort by some of their senior colleagues to narrow rev
BRAZIL CRUSHERS DEPEND ON DOMESTIC SOY PRICES
Tom Murphy |
Domestic soybean prices may turn out to be the key element for Brazilian soybean crushers, as they s
COST OF CREDIT
JOC Staff |
Fri., May 3, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange May 3, 1991Dubai Crude Oil - (Dollars Per Barrel)<
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 3, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.00
MARITIME BRIEFS
From Wire and Staff Reports |
SEA-LAND RAISING RATES IN PUERTO RICO TRADEFORT LAUDERDALE, Fla. - Sea-Land Service Inc. wil
Maritime
HOUSE PANEL CLEARS COAST GUARD, FMC BUDGET MEASURES
WILLIAM DiBENEDETTO |
A House maritime committee sent seven bills to the House floor last week, including the fiscal year
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent)is as f
Maritime
TRADERS SAY US DOLLAR WILL RISE DUE TO WORRY ABOUT GERMANY, JAPAN
Gordon Platt |
Currency traders said the dollar likely will rise in the weeks ahead due to concern about the German
CARGO SURGE PROVIDES NEEDED BOOST TO NC HUBS
Ed Martin |
The airline recession finally has caught up with airports in Charlotte and Raleigh, N.C., leaving th
FINANCIAL BRIEFS
Wire and Staff Reports |
MOODY'S DOWNGRADES DEBT OF JAPANESE BANKSMoody's Investors Service last week lowered the rat
US, FINNISH LEADERS MEET IN WASHINGTON
(Reuter) |
President Mauno Koivisto visits Washington for his third meeting in eight months with President Bush
Maritime
FOREIGN FIRMS URGED TO INVEST IN E. GERMANY
(Reuter) |
Germany appealed to foreign companies Friday to invest in economically blighted eastern Germany, pro
Maritime
EC-USSR TALKS COULD REVIVE PLANS FOR ENERGY COMMUNITY
Bruce Barnard |
The European Commission today will attempt to revive faltering plans for the creation of a pan-Europ
AVONDALE REPORTS LOSS OF $3.3 MILLION FOR 1ST QUARTER
Janet Plume |
Avondale Industries Inc. reported a $3.3 million net loss - 23 cents a share - for the first quarter
Maritime
PAPER PRICES DISCOUNTED PRODUCTION EXPANDS WHILE DEMAND FALLS
Gordon Platt |
The U.S. paper industry is suffering from widespread price discounting as newmills, planned
GENERAL CARGO CLIMBS AT ALABAMA STATE DOCKS
Journal of Commerce Special |
General cargo at Alabama State Docks climbed 19 percent during the first six months of its fiscal ye
Maritime
WOOD PULP EXPORTS SURGE AT PORTS IN THE GULF CONTAINERS ARE BEING USED TO MAINTAIN PRODUCT QUALITY
Janet Plume |
Wood pulp exports have increased dramatically to become the leading forest product shipped out of th
COMMODITY BRIEFS
From Wire and Staff Reports |
CANADA TO END LICENSE FOR US WHEAT IMPORTSOTTAWA - Canada announced that it no longer will r
TEXAS MEASURE HELD ONLY PARTIAL SOLUTION TO WORKERS COMP WOES
Brigitte Maxey |
A measure enabling Texas insurers to charge some customers extra to make up for losses in the state
INSURANCE EARNINGS
Wire and Staff Reports |
CIGNA CORP. PHILADELPHIA - Cigna Corp.'s first quarter net income rose to $48 million, or $.
FREIGHT RATE FUTURES
JOC Staff |
May 3, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange May 3, 1991Brent Crude Oil - (Dollars Per Barrel)--
ALASKAN LEGISLATORS REJECT EXXON SETTLEMENT
From Wire Reports |
Exxon Corp. lost a second round Thursday in its attempt to reach a settlement in the nation's worst
Maritime
AWARD-WINNING EXPORTER SPECIALIZES IN FLYING COWS
John Davies |
Larry Schorno and a cattle buyer were walking across a corral at his ranch in rural Washington state
NJ WILL NOT SHUT DOWN CLEAN-AIR VIOLATORS
Pamela Conway |
More than half of New Jersey's oil terminal operators are likely to miss a June 21 deadline to compl
TWA DEAL ALLOWS AMERICAN TO COMPETE WITH UNITED
Staff and Wire Reports |
American Airlines will be able to join its chief competitor, United Airlines, in providing flights t
CORRECTION
JOC Staff |
A story headlined "Financing Costs Threaten Airline Expansion" that appeared on Page 1A of The Jour
DHL ALLIANCE READY TO BEAR FRUIT
Phillip Hastings |
The first significant service developments resulting from closer cooperation between air express com
CRISIS BOOSTS EGYPT'S GOVERNMENT PRIVATE SECTOR BADLY AFFECTED
Gayle Young |
The Egyptian government received a windfall of financial aid and canceled debts for its strong stand
EC STANDING FIRM ON FARM TRADE OFFER
Richard Lawrence |
The 12-nation European Community is standing fast on its agricultural trade offer in the Uruguay Rou
Maritime
DALE STEFFES' ENERGY OUTLOOK
JOC Staff |
TWO WEEKS AGO, I presented my thoughts on natural gas at the Southern Gas Association's annual meeti
RUSSIAN TAKEOVER OF SOVIET MINES SEEN SPREADING
Michael S. Lelyveld |
The takeover of Soviet coal mines by the Russian Republic is reportedly spreading amid signs that it
Maritime
US-CANADA TRADE RELATIONS NO PICNIC
John Davies |
North of the border, there's new talk that those damn Yankees ought not be meddling with Canada's tr
WOODPECKERS, 1
Larry Hall |
The McRaes had been in the forest products business for more than 50 years when they built a sawmill
SPRUCING UP WOOD-HANDLING PORTS IN THE GULF
Janet Plume |
Alabama State Docks is awash in a forest products boom expected to continue throughout the decade. T
FIREMAN'S FUND SET TO RETURN TO MASS. AUTO INSURANCE MART
TOM McNIFF Jr. |
Four years after it paid $45 million to escape Massachusetts' controversial automobile insurance mar
SOVIETS MAY GET CREDITS LATER IF DENIED NOW, USDA SAYS
Doug Palmer |
The Soviet Union still may be eligible for U.S. export credit guarantees in fiscal 1992 (October-Sep
COMEX METAL WAREHOUSE
JOC Staff |
Apr. 30, 1991 Copper Total, 30,897. Gold Total, .1,458,295.Silver Total, .263,562,975.
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