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COST OF CREDIT
JOC Staff |
Fri., April 19, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
AIR PRODUCTS REPORTS GAINS IN SALES, PROFIT
Journal of Commerce Staff |
Air Products and Chemicals Inc. reported net income for the second quarter ended March 31 of $65.8 m
SOVIETS REQUEST MORE CREDITS THAN ORIGINALLY EXPECTED
(Reuter) |
The cash-starved Soviet Union is seeking an extra $1.5 billion in U.S. agricultural loans on top of
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
AVERAGE GASOLINE PRICES INCREASE IN NEW YORK
From Wire Reports |
Typical gasoline prices in New York moved higher over the last two weeks, led by moderate increases
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 218.04 off 2.12 which compares
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Currency Forecast 3A * JofC Industrial Price Index 6A* Larry Kaufman - Insi
VW STRESSES VALUE, CONTINUES TO REJECT REBATES
Paul A. Eisenstein |
Bill Young admits he is taking Volkswagen out on a limb. New car sales this year are down ro
Maritime
CHINA WILL CUT COTTON IMPORTS IF MFN IS LOST
Knight-Ridder Financial |
China will sharply cut its cotton imports from the United States and other countries if Washington r
LILY CUPS USING CARBON DIOXIDE TO MAKE POLYSTYRENE PACKAGES
Journal of Commerce Staff |
Lily Cups Inc. of Scarborough, Ontario, has announced that it is using carbon dioxide as the blowing
ASIAN FUTURES
JOC Staff |
Apr. 19, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Apr. 19, 1991Dubai Crude Oil - (Dollars Per Barrel
CSX EARNINGS FALL IN QUARTER
Journal of Commerce Staff |
CSX Corp. earned $57 million, or 58 cents a share, in the first quarter, downfrom $77 millio
ARGENTINE OIL OFFICIAL REBUFFS ATTACK ON YPF'S CRUDE RESERVE ESTIMATES
Richard Kessler |
Allegations that the Argentine government underestimated reserves at recently privatized oil areas
CARNIVAL CRUISE LINES TO ORDER NEW $300 MILLION CRUISE SHIP
Journal of Commerce Staff |
Carnival Cruise Lines Inc. announced plans to order a new $300 million cruise ship from the same Fin
Maritime
BN LAUNCHES MAJOR EXPANSION OF RAIL WORKER TRAINING CENTER
John Boyd |
Burlington Northern Railroad Co. is about to double in size and triple in capacity a facility that i
PROPOSED CHICAGO WATERFRONT PROJECT WORRIES INLAND WATERWAY INDUSTRY
Kevin Commins |
The inland waterway industry is concerned that a proposed waterfront development project at the mout
JAPAN FIRM FILES CLAIM AGAINST SMITH CORONA
Richard Lawrence |
The U.S. arm of a Japanese company has resorted to the U.S. anti-dumping law to fend off low-priced
CANADIAN GRAIN GROUPS UPSET OVER CBT PLAN
Dwayne Klassen |
Canadian grain executives said the Chicago Board of Trade will weaken the U.S.-Canada Free Trade Agr
NEDLLOYD POSTS LOSS FOR 1990 SHIPPING, TRANSPORT BOTH LOSE MONEY
Janet Porter |
Royal Nedlloyd Group NV, the Dutch transport company, plunged into the red last year as both ocean s
SWIFT ACTION TAKES MANY BY SURPRISE
Geoffrey H. Brown |
Congress put the bill to end Wednesday's nationwide rail shutdown on a fast track and, to almost eve
ECONOMIC DATA ABROAD
Wire and Staff Reports |
UK INDUSTRIAL OUTPUT UP 1.6 PERCENT IN FEBRUARYU.K. seasonally adjusted industrial productio
O'MALLEY'S DECISION TO LEAVE POST AT BALTIMORE DRAWS MIXED REACTION
WILLIAM DiBENEDETTO |
The impending departure of Brendan O'Malley as the Port of Baltimore's top official produced reactio
Maritime
EARLY BRAZIL COCOA CROP DEEMED POOR BY CO-OP MANAGERS AND TRADERS
Tom Murphy |
The early harvest of Brazil's 1991 mid-year (May-September) cocoa crop has produced disappointing re
CRAIG DUNLAP'S INSIDE TALK ON SHIPPING
Craig Dunlap |
NO WONDER THE POOL of dockworkers in North Carolina was so overwhelmed by the demands of Desert Shie
Maritime
FRENCH BANKERS FREEZE CREDIT FOR SUCRES ET DENREES BROKER
Jackie Cowhig |
French commodity trade house Sucres et Denrees has had its banking credit frozen until Sept. 30, 199
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Apr. 18, 1991Dubai Crude Oil - (Dollars Per Barrel
CONGO TO DRAFT DEMOCRACY LAW
(Reuter) |
Congo's marathon national political conference has decided to draft a ''fundamental law" that would
Maritime
PORT OF OAKLAND UNVEILS $350 MILLION IMPROVEMENT PLAN
Allen R. Wastler |
The Port of Oakland expects to post a $4.1 million loss this year because of earthquake damage and l
Maritime
OWNER OF 'BROOKLYN' WANTS TO RE-FLAG TANKER
Bruce Vail |
The Maritime Administration is considering an application from the owner of the tanker Brooklyn to r
Maritime
TRADE DEFICIT IN US SHRINKS TO 7-YEAR LOW
Richard Lawrence |
The U.S. merchandise trade deficit in February shrank to its lowest monthly level in seven years, ma
ENERGY BRIEFS
Wire and Staff Reports |
BP SEEKS TO SELL OFF TEX/CON SUBSIDIARYBritish Petroleum PLC wants to sell Tex/Con Oil and G
SPOT COMMODITIES
JOC Staff |
Apr. 18, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
DELTA JOINS UNITED IN SHOWING INTEREST IN PORTIONS OF TROUBLED PAN AM
Ted Reed |
Both Delta Air Lines and United Airlines have shown interest in acquiring portions of troubled Pan A
ENERGY BRIEFS
Wire and Staff Reports |
SOUTH KOREA TO EXPORT DIESEL OIL TO THE NORTHSEOUL, South Korea - South Korea's Lucky-Goldst
CONGRESS ENDS RAIL STRIKE
Geoffrey H. Brown |
Shippers need not worry about another nationwide rail shutdown any time soon. Early Thursday
EC POSITION REMAINS VAGUE ON DEMANDS FOR US TRADE
Journal of Commerce Staff |
The European Community's objections to sanitary standards in U.S. slaughterhouses still are not clea
PANEL OKS COAST GUARD BUDGET BILL
Journal of Commerce Staff |
A House maritime subcommittee approved legislation that sets a $3.6 billion spending level for Coast
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 18, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.0
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Apr. 17, 1991CRUDE OIL(1,000 barrels; dollars and cents
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