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HORIZONTAL DRILLING DIP IS BLAMED ON RECESSION
Michael J. Strauss |
Oil and natural gas producers are blaming the recession for the downturn in horizontal drilling act
CHINA CUTS CONSUMER PRICES, HOPING TO MOVE STOCKPILES
Knight-Ridder Financial |
China slashed the price of many consumer goods in a bid to cut rising stockpiles in state stores and
Maritime
BARRY PARKER'S FUTURES AND SHIPPING
Barry Parker |
LAST WEEK, MY PREDICTIONS of a post-holiday rise in the dry bulk ocean freight market came to pass,
Maritime
CZECHOSLOVAK FARM SECTOR IN DISARRAY FOLLOWING DEFEAT OF GOVERNMENT'S LAND REFORM PROPOSAL
Milan Ruzicka |
The stunning defeat in Parliament of the Czechoslovak government's proposal on land reform has trigg
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
INDIA BOOSTS TARGETS FOR TEXTILE EXPORTSNEW DELHI, India - The government is looking for a l
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
SHIP, TANKER COLLIDE SPILLING OIL OFF TOKYOA cargo ship and a tanker, both Japanese, collide
Maritime
CORPS OF ENGINEERS AWARDS NEW YORK DREDGING CONTRACT
Leeann Lodder |
A long-delayed contract to deepen the shipping channels in New York harbor, making it easier for lar
Maritime
US, CANADA LAUNCH TALKS, LOOK TO FURTHER DISCUSSIION LATER THIS YEAR
Journal of Commerce Staff |
The United States and Canada last week kicked off negotiations to update a 1974 aviation bilateral a
PERU MINERS VOTE TO STRIKE COPPER CORP.
Knight-Ridder Financial |
Workers at Southern Peru Copper Corp. have voted to strike April 22, according to Lord Cuellar, a un
SOUTHERN AIR EXPANDS, DESPITE GHOSTS THAT STILL HAUNT CARRIER
Ted Reed |
Despite having a great deal of success, a singular problem continues to plague Southern Air Transpor
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 220.66 off 0.48 which compares
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,410-$1,420 per ton lots & in warehou
SPOT COMMODITIES
JOC Staff |
Apr. 12, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
POLES BOOST FOOD OFFER TO SOVIETS
From Wire Reports |
Poland, experiencing an unprecedented food surplus, wants to sell at least 4 million metric tons of
NORWAY SHIPPERS TO LOBBY AGAINST TAX PROPOSALS
Janet Porter |
The Norwegian maritime community is mounting a major lobbying campaign against a tax reform program
ALAN ABRAMS' INSIDE TALK ON SHIPPING
Alan Abrams |
HAVE YOU FILED your tax return yet? You'd better if you're a foreign transportation corporat
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
S&P MAY SLASH DEBT OF TWO FRENCH BANKSStandard and Poor's, in conjunction with its French af
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
UK'S RETAIL PRICES RISE 8.2 PERCENT ON YEARU.K. retail prices rose 8.2 percent in the year t
JAPAN-US AUTO PARTS TRADE IMBALANCE EXPECTED TO WORSEN
Kevin Commins |
The Japanese-U.S. trade imbalance in automotive parts will worsen considerably in the next few years
Maritime
US OFFICIALS DOWNPLAY SINGAPORE DISPUTE
Mark Magnier |
U.S. officials sought to downplay a trade dispute with Singapore after the government here issued a
Maritime
AGRICULTURE CANADA ESTIMATE FOR FEED GRAIN TRIMMED
Knight-Ridder Financial |
Canadian barley ending stocks in the 1991-92 (August-July) marketing year are expected to total 2.4
PRAGUE WANTS SAME TYPE OF DEBT RELIEF AS POLAND
Knight-Ridder Financial |
Political leaders in Prague, looking with envy at the West's forgiveness of a large chunk of Poland'
RUSSIAN PRIME MINISTER TO JOIN GRAIN MISSION
Knight-Ridder Financial |
Russian republic Prime Minister Ivan Silayev reportedly will lead the group of grain-buying official
AUSTRALIAN WOOL DEMAND GRADUALLY MAY WEAKEN
Knight-Ridder Financial |
Demand for Australian wool is likely to edge down over the next 12 months as the euphoria over the e
COST OF CREDIT
JOC Staff |
Fri., April 12, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ASIAN FUTURES
JOC Staff |
Apr. 12, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 12, 1991Bid AskedCopper-
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 12, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.0
NEW REGULATION HELPS SHIPPERS CUT COSTS, HIKE PRODUCTIVITY
Journal of Commerce Staff |
Manufacturers who ship by common carrier can save on freight costs and increase productivity under a
SINGAPORE 1991 GROWTH RATE STILL LAGGING THAT OF 1990
From Wire Reports |
Singapore's economic growth in 1991 will be faster than many had feared during the gulf war, but wil
MEXICO'S ECONOMIC CRISIS DRIVES ORGANIZED LABOR TO ITS KNEES
Katherine Ellison |
There's a cruel story told about the aging labor boss Fidel Velazquez, a man seen for decades as ke
US FIRMS KEEN ON VIETNAM BUT ARE KEEPING LOW PROFILE
Mark Magnier |
Many U.S. companies are interested in doing business in Vietnam, but keep a low profile for fear of
INTERNATIONAL LOANS
Journal of Commerce Staff Report |
CHINA - $153.6 million, comprising $100 million from the World Bank and $53.6 million from the Inter
Maritime
GEPHARDT WARNS HOUSE ON CONTROL OF TALKS
John Maggs |
House majority leader Richard Gephardt, D-Mo., warned his colleagues last week that they could be ex
Maritime
RESTRAINTS ON PRICE INCREASES BLAMED FOR SOVIET SHORTAGES
Michael S. Lelyveld |
Coal strikes. Price hikes. Currency devaluation. Many of the headlines from the Soviet Union in 1991
Maritime
APPAREL GROUP ASKS ITC FOR ORIGIN RULE
Journal of Commerce Staff |
The National Knitwear & Sportswear Association Friday asked the International Trade Commission to se
Maritime
SHELL PLANT COMPLETES GASIFICATION DEMONSTRATION
From Wire Reports |
Shell Oil Co. shut down its coal gasification demonstration plant near Houston after a successful fo
SWITZERLAND'S ELVIA GROUP POSTS 6 PERCENT DECLINE IN PROFIT FOR 1990
John Zarocostas |
Elvia Assurances Group, Switzerland's fifth largest Insurance company, announced a 6 percent drop in
CALIF. TASK FORCE BREAKS AUTO ACCIDENT FRAUD RING
Jerry Goldberg |
A joint task force of insurance company anti- fraud units and law enforcement agencies have broken a
WILL SOVIET OIL WORKERS BE NEXT TO STRIKE?
Doug Palmer |
Soviet oil workers, who have suffered from harsh conditions for years, are ''just inches away from a
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