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PARKER DRILLING UNIT TO ASSIST SOVIETS IN BOOSTING OIL OUTPUT
From Wire Reports |
A subsidiary of Parker Drilling Co. signed a multi-year contract that will make it the first U.S. dr
CARRIERS LOOK TO BUILD BEEF, CITRUS SHIPMENTS
Allen R. Wastler |
Even though Japan has relaxed its restrictions on beef and citrus imports, U.S. suppliers and ocean
Maritime
CBT CHAIRMAN PROPOSES US-ONLY GRAIN TRADING
Knight-Ridder Financial |
Chicago Board of Trade Chairman William O'Connor said he is in favor of requiring that only U.S.-ori
INSURANCE COMPANIES ACTIVELY RECRUIT WOMEN, MINORITIES
Carol Kleiman |
Insurance companies are actively recruiting women and minorities - and making sure they succeed.
CHEMICAL BRIEFS
From Wire and Staff Reports |
UNION CARBIDE BUYS SILICONE COMPANYDANBURY, Conn. - Union Carbide Chemicals and Plastics Co.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,420-$1,430 per ton lots & in warehouse min. 99.
CARRIERS URGED TO USE LOGISTICS TECHNOLOGY
Bill Mongelluzzo |
Carriers are missing out on an opportunity to vastly improve their scheduling, routing and pricing d
SHIP ANCHOR SUPPLIER OPENS E. COAST BRANCH
Journal of Commerce Staff |
A Houston-based supplier of ship anchors and other marine equipment opened an East Coast branch in N
Maritime
STOCKS OF CRUDE OIL DECLINE IN WEEK, API BULLETIN SAYS
Journal of Commerce Staff |
U.S. crude oil inventories fell by 5.1 million barrels during the week ended April 5 compared with t
NEWS SUMMARY
JOC Staff |
* Trading With Indonesia 5A * Brazil Seeks to Restore Short-Term Trade Financing 5A* Larry K
OPPONENTS ENDANGER MEXICO PACT OVER NON-TRADE ISSUES, BACKERS SAY
Rosalind Rachid |
Opponents of a proposed U.S. free trade agreement with Mexico have put the pact at risk over issues
Maritime
LABOR WARNS COAL INDUSTRY TO COOPERATE ON AIR TESTS
Tim Sansbury |
The Labor Department took a firm stance in its first meeting with the coal industry since charging l
SALES, USE OF PLASTICS RESINS GREW IN US BY 5.6 PERCENT LAST YEAR
Journal of Commerce Staff |
Sales and internal use of plastics resins in the United States totaled slightly more than 63 billion
IPE SAYS 1,000-PLUS CONTRACTS ON NAPHTHA FUTURES TRADED
Journal of Commerce Staff |
The International Petroleum Exchange's new naphtha futures contract got off to a strong start Wednes
SOYBEAN PRICES COULD CONTINUE FALL, BUT AT SLOWER PACE
Rosalind Krasny |
Soybean fundamentals may be pointing to lower prices, but grain analysts look for near-term steadine
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 10, 1991Brent Crude Oil - (Dollars Per Barrel)
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Apr. 9, 1991CRUDE OIL(1,000 barrels; dollars and cents
SPOT PRODUCT PRICES
JOC Staff |
Apr. 10, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Apr. 10, 1991Bid AskedCopper-
ST. LAWRENCE SEAWAY AGENCY CLAIMS CANADIAN RAIL SUBSIDIES ARE UNFAIR
Knight-Ridder Financial |
Unfair Canadian railroad subsidies are diverting 3 million to 4 million metric tons of grain annuall
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Apr. 10, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
FINANCIAL BRIEFS
From Wire and Staff Reports |
ADB PRESIDENT WANTS TWO LOANS FOR CHINAMANILA, Philippines - The Asian Development Bank hope
TRADING WITH INDONESIA ECONOMIC LIBERALIZATION CONTINUES IN INDONESIA
Duncan Robinson |
Indonesia's economic boom may be around for a while. While the Pacific archipelago of 13,500
Maritime
HULL INSURANCE SYNDICATE TO GET TOUGH ON COVER
Alan Abrams |
Stung by huge financial losses in 1990, the American Hull Insurance Syndicate says it is going to ge
Maritime
GROWTH IN PRIMARY NICKEL DEMAND SLOWS AS RECESSION HITS CONSUMERS
Knight-Ridder Financial |
Growth in demand for primary nickel metal is slowing as the recession begins to bite many major nick
TOP REGULATOR FROM BRAZIL DUE FOR TALKS WITH CFTC
Knight-Ridder Financial |
Brazil's top securities and exchange market regulator will arrive in Washington today to participate
CZECHOSLOVAKIA RESUMES EXPORTS OF PETROCHEMICALS
Knight-Ridder Financial |
The government of Czechoslovakia is resuming exports of petrochemicals, following a ban on such expo
COST OF CREDIT
JOC Staff |
Wed., April 10, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 220.85 off 0.66 which compares
MARAD UPDATES GUIDE ON LABOR-MANAGEMENT
Journal of Commerce staff |
The Maritime Administration published an updated version of its "Maritime Labor-Management Affiliati
Maritime
UNION CHIEF SLAMS CUSTOMS REPAIR DUTY PROPOSAL
WILLIAM DiBENEDETTO |
The head of a major maritime union wants to head off a U.S. Customs Service proposal that would expa
Maritime
NORTHWEST LOSES OUT ON UK-DETROIT ROUTE PROPOSAL
Journal of Commerce Staff |
Northwest Airlines' chance to snare a lucrative Detroit-to-London route at no cost has slipped away
HOPES GROW FOR CZECHOSLOVAKIA'S WEALTH-SHARING PLAN
Michael S. Lelyveld |
Despite nagging doubts and delays, hopes are growing for a visionary experiment in Czechoslovakia th
NEW ENGLAND POOL EXPECTS LITTLE INCREASE IN POWER USE
Journal of Commerce Special |
An economy in recession, combined with the "astounding success" of load management programs, means t
REBUILDING SEEN AIDING EMIRATES
Larry Luxner |
Before Jan. 15, officials of Dubai were urging Kuwaiti and Saudi businessmen to transfer their vast
STRONGER PATENT LAW PENDING IN BRAZIL
James Bruce |
President Fernando Collor de Mello is expected within the next few days to submit long-awaited legis
Maritime
FACTORS COMBINE TO HIT BRAZILIAN RESEARCH
Journal of Commerce Special |
A combination of government price controls and inadequate patent protection has dramatically depress
Maritime
COMEX SAYS FOREIGN CURRENCY WILL BE ACCEPTABLE FOR DEPOSITS
Knight-Ridder Financial |
Foreign currency will be accepted as a form of initial margin deposit for futures and options positi
SELF-INSURANCE CAPTURING COMMERCIAL PREMIUMS
Aviva Freudmann |
Commercial and industrial firms have shown a growing tendency in recent years to retain more of thei
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 10, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.0
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