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CORRECTION
JOC Staff |
The story "AIG Earnings Rose for Fourth Quarter," on Page 9A of The Journal of Commerce, March 1, sh
ENERGY BRIEFS
Wire and Staff Reports |
OPEC COMMITTEE PUTS OFF OUTPUT TALKSOil ministers attending the meeting here Monday of the M
INSURANCE BRIEFS
Wire and Staff Reports |
J&H TO ACQUIRE DUTCH PARTNERInternational insurance broker Johnson & Higgins is in negotiati
THE ECONOMY
From Wire and Staff Reports |
HOUSING COMPLETIONS FELL 4.8 PERCENT IN JANUARYWASHINGTON - U.S. housing completions fell 4.
PEOPLE - FINANCIAL
JOC Staff |
NORDDEUTSCHE LANDESBANK GIROZENTRALE (New York) - Jens A. Westrick, 49, was named executive vice pre
3M WANTS 98 PERCENT ON-TIME DELIVERY, RELIES ON SPIRIT OF PARTNERSHIP
Kevin Commins |
Minnesota Mining & Manufacturing Co. wants its carriers to arrive on schedule 98 percent of the time
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COAL TERMINAL REPORT
JOC Staff |
March 11, 1991 This table shows the vessels scheduled to call at U.S. coal terminals and the
INDONESIA TO EXPAND OIL REFINING CAPACITY
Mark Magnier |
Indonesian state-owned oil company Pertamina plans a significant expansion of its refining capacity
CALIF. REGULATOR FINES 3 INSURERS IN LATEST DISCIPLINARY ACTION
Jerry Goldberg |
A $75,000 fine was levied Friday against three subsidiaries of WoodlandHills, Calif.-based T
COMEX METAL WAREHOUSE
JOC Staff |
Mar. 11, 1991 Copper Total, 16,409. Gold Total, .1,511,848.Silver Total, .261,316,009.
KUWAITI ROAD TO RECOVERY WILL BE LONG, DIFFICULT
Mona Megalli |
Kuwaiti bankers and businessmen are trickling back to assess the damage done to their livelihood by
SEA-LAND SHIP RETURNS TO PUERTO RICO SERVICE
Journal of Commerce Staff |
Sea-Land Service Inc.'s ship Sea-Land Consumer returned to commercial service in the company's Amer
Maritime
US TO CURTAIL BONUS WHEAT SALES
Knight-Ridder Financial |
A U.S. Department of Agriculture official Monday said "for all intents and purposes" the export bonu
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
REINSURANCE INDUSTRY SURVEY SHOWS IMPROVEMENT IN COMBINED RATIOS
Brigitte Maxey |
Reinsurance industry combined ratios are the best they've been since 1987, according to a survey of
ECONOMISTS SEE FRENCH, SPANISH CUTTING RATES
Sonia Kolesnikov |
The Bank of France could cut its official lending rates in the next two weeks, provided that Spanish
DOLLAR RISES DESPITE FED, EUROPEAN INTERVENTION
Knight-Ridder Financial |
The U.S. dollar pushed higher Monday afternoon despite several bouts ofdollar-selling interv
FRANKFURT GROWS AS FINANCIAL CENTER
Gordon Platt |
Frankfurt is emerging as a world financial center and will join the Big Three of London, New York an
Maritime
SLOW RECOVERY FORECAST FOR SUEZ CANAL TRAFFIC
Knight-Ridder Financial |
It will probably take three to four months for traffic through the Suez Canal to stabilize from the
Maritime
TEAMSTERS, TRUCK FIRMS NEAR ACCORD ON CONTRACT
John D. Schulz |
Teamsters union leaders and representatives of 26 major LTL carriers are close to a new three-year N
2 DEAD, 122 INJURED IN BLAST AT MEXICAN PETROCHEMICAL PLANT
Pei-Tse Wu |
An explosion and fire that tore through a petrochemical complex in southeastern Mexico Monday left
FREIGHT RATE FUTURES
JOC Staff |
Mar. 11, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,530-$1,540 per ton lots & in warehouse min. 99.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago3/11 3/9 Change % Change:
GERMAN ELECTRONICS EXPORT GROWTH EXPECTED TO DECLINE AGAIN IN '91
Miriam Widman |
Germany's electronics industry suffered a sharp decline in export growth last year, and the trend is
Maritime
NON-COMBATANT BRAZIL FIGHTS FOR SLICE OF MIDDLE EAST RECONSTRUCTION MART
James Bruce |
Brazil sat out the recent war against Saddam Hussein, but Brazilian businessmen are fighting now for
Maritime
BILL THAT'S UNLIKELY TO PASS MAY BENEFIT US EXPORTERS LEGISLATION TYING US AID TO PURCHASES
William Armbruster |
Legislation that would link most U.S. foreign aid to purchases of American goods and services is unl
Maritime
LIBERTY CHIEF WOULD LIKE FORMER AID POLICY RESURRECTED
Alan Abrams |
The U.S.-flag shipping industry again can become "a dominant force on the world's oceans," but not w
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
ICO COFFEE EXPORTS FELL 11.5 PERCENT IN JANUARYJanuary Coffee exports to all destinations by
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 11, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.0
SHIP LINES WEIGH MIDEAST EXPANSION
Erich E. Toll |
In the wake of the Persian Gulf war, numerous shipping lines are considering entering the U.S.-Middl
PENTAGON MAY BUY ROLL-ON CARGO SHIPS
Bruce Vail |
The Pentagon may be buying used cargo ships in as little as four months, according to the terms of a
SOVIET UNION'S ECONOMIC CRISIS DIMS WESTERN BUSINESS HOPES
From Wire Reports |
A rapidly deteriorating Soviet economy is wiping out most Western hopes for the country's rejuvenati
PERSEVERANCE PAYS OFF FOR TRAILER-MATE OFFICIAL
Craig Dunlap |
"You want me to sign a binding contract with a railroad?!" That's how Tim Towler, traffic ma
SEA-LAND, APL DOWNPLAY CHANGE IN BIDDING ORDER FOR MILITARY CARGO
WILLIAM DiBENEDETTO |
Two rivals for military cargoes to the Far East say they will make only minor adjustments after they
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 221.84 up 0.93 which compares wi
TRADE BRIEFS
From Wire and Staff Reports |
GATT PLAYERS PREPARE FOR FULL FARM TALKSKey players in the Uruguay Round of trade talks bega
Maritime
AUSTRALIA UNVEILS FARM RELIEF PLAN
Knight-Ridder Financial |
Australian Primary Industry Minister John Kerin Monday announced a package of measures to assist whe
LINE LINKS N. AMERICA, SOUTH PACIFIC ISLANDS
Journal of Commerce Special |
Gotland Group said it established South Pacific Interline Ltd. for trade between North America and
Maritime
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