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CORRECTION
JOC Staff |
Lufthansa German Airlines hasn't ruled out certain sorts of marketing linkages with U.S. airlines, c
RESTORATION OF POWER TO BAGHDAD TO TAKE YEAR, IRAQI ENGINEER SAYS
From Wire Reports |
Iraq will need at least a year to restore full electricity supplies to Baghdad because of severe bom
OIL PRICES FORECAST TO DROP, THEN LEVEL OFF AT $18 TO $22
Chicago Tribune |
In the world markets, where oil prices appear guided as much by psychology as by supplies, the effec
TEXANS ESPECIALLY HARD HIT BY INSURANCE FAILURES
Diana Kunde |
Texans have been especially hard hit by insurance failures - right in the wallet, a new study by a n
SPOT COMMODITIES
JOC Staff |
Feb. 28, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
FRITZ COS. HITS DRAWBACK LODE
Duncan Robinson |
Some exporters unknowingly are leaving money on the table through missed duty drawback opportunitie
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 28, 1991Bid AskedCopper-
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,525-$1,545 per ton lots & in warehouse min. 99.
TRADE BRIEFS
Wire and Staff Reports |
BECHTEL MAY REBUILD KUWAIT'S OIL INDUSTRYEngineering construction giant Bechtel Group Inc. i
Maritime
COMMODITY BRIEFS
JOC Staff |
SILVER ADDS 15.9 CENTS; PLATINUM, GOLD CLIMBFed by intermittent bouts of dealer and fund buy
EGYPT, US EXPECTED TO SIGN PL-480 AGREEMENT NEXT WEEK
Knight-Ridder Financial |
Egypt and the United States are expected to sign next week a $150-million PL- 480 agreement, after m
JAPAN, GERMAN GULF WAR RECORDS MAY DAMPEN TIES
William Armbruster |
The failure of Germany and Japan to make a more active contribution to the Persian Gulf war effort m
SHIP WAR-RISK RATES HIT PREWAR LEVEL AS AVIATION PREMIUMS REMAIN HIGH
Brigitte Maxey |
Maritime cargo war-risk insurance rates have returned to prewar prices, but air cargo rates remain h
PEOPLE - CHEMICALS
From Wire and Staff Reports |
BAYER USA INC. (Pittsburgh) - Konrad M. Weis, president and chief executive officer, will retire eff
LYKES TO BEGIN DIRECT SERVICE TO SAUDI ARABIA AND EGYPT
Erich E. Toll |
Lykes Bros. Steamship Co. will launch Saturday a single-ship, direct service between the U.S. East
Maritime
ALAN ABRAMS' INSIDE TALK ON SHIPPING
Alan Abrams |
WHAT'S IN 35 cents? Not much. While the latest change in New York's cargo assessment to $4.5
Maritime
TAIWAN'S EVA AIRWAYS BUYS US TRAINING GEAR
P.T. Bangsberg |
EVA Airways Corp., a start-up airline in Taiwan, is buying American for its training center in antic
LLOYD BRASILEIRO FREES THREE SHIPS HELD IN US
Journal of Commerce Special |
Brazil's state-owned general cargo carrier Companhia de Navegacao Lloyd Brasileiro freed thr
Maritime
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Feb. 28, 1991CRUDE OIL(1,000 barrels; dollars and cents
GASOLINE PRICES
JOC Staff |
Feb. 28, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 28, 1991 Prevailing sellers' posted prices at the close of business, represent
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 213.01 up 0.45 which compares
4 S. AMERICAN NATIONS NEAR COMMON MARKET
Knight-Ridder Financial |
Brazil, Argentina, Uruguay and Paraguay are close to reaching broad agreement on creation of a commo
Maritime
GROUP TO URGE EXTENSION OF FAST-TRACK AUTHORITY
John Maggs |
Despite opposition from its labor members, an official private sector advisory group is expected to
Maritime
E AWARD-WINNING EXPORTERS FRITZ COS.
JOC Staff |
DATE OF AWARD: "E" Award on March 11, 1983.WHY THE AWARD WAS GIVEN:Fritz Cos. won th
Maritime
NIGERIAN DEBT PRICES HIT HIGH
Knight-Ridder Financial |
Bankers here say the trading price of Nigeria's commercial bank reached an all-time high of between
STRIKE IDLES BRAZIL REFINERIES
Knight-Ridder Financial |
Brazil's oil refining activity virtually was halted Thursday as workers at the three refineries stil
FAST BATTLE, SLOW RETURN FOR TROOPS MANY GULF PLANS STILL UNSETTLED
Bruce Vail |
The war in the Persian Gulf may be over, but the army isn't coming home right away. Military
NEWS SUMMARY
JOC Staff |
* Greg Johnson's Managing Traffic 2B * Alan Abrams - Inside Talk on Shipping 8BAIR CARGO
ECONOMIC DATA ABROAD
Wire and Staff Reports |
CURRENT ACCOUNT DEFICIT WIDENS IN CANADAOTTAWA - Canada's seasonally adjusted fourth-quarter
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Feb. 28, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/28 2/27 Change % Change:
SHIPBUILDING SUBSIDY TALKS CONTINUE
Journal of Commerce Staff |
International talks this week to end shipyard subsidies are not expected to result in a final agreem
Maritime
COGENERATION PLANT SITE RULES COME UNDER FIRE IN NEW YORK
Journal of Commerce Special |
Some New York legislators are questioning the state's siting regulations for cogeneration plants, sa
COST OF CREDIT
JOC Staff |
Thu., Feb. 28, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
JAPANESE ADVANCE BILL TO FINANCE GULF WAR
From Wire Reports |
Japan's powerful lower house of parliament Thursday approved a $9 billion budget bill to finance Tok
US PAYS FOR MULTIMILLION-DOLLAR IRAQI AGRICULTURAL LOAN DEFAULTS
From Wire Reports |
A default by Iraq on agriculture loans guaranteed by the Agriculture Department has forced the feder
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