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AUSTRALIA SELLS 100 MILLION TONS OF WHEAT, BARLEY TO SOVIETS
Knight-Ridder Financial |
The statutory Australian Wheat Board confirmed it had signed an agreement for the sale of 100 millio
SUPERTANKER RATES IN GULF TUMBLE DESPITE CHARTERING BY IRANIAN LINE
Knight-Ridder Financial |
Freight rates for supertankers loading Persian Gulf cargoes have slumped despite National Iranian Ta
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
MEXICO SEEN IMPORTING LESS SUGAR IN 1990-91Mexico's sugar imports are expected to drop 700,0
FMC INVESTIGATION OF ABUSES IN PACIFIC STILL GOING STRONG
Bill Mongelluzzo |
The Federal Maritime Commission probe of rate malpractices in the trades between Asia and the United
Maritime
TWO MAJOR INSURANCE GROUPS IN THE UK HIT WITH MASSIVE DECLINES IN EARNINGS
Journal of Commerce Special |
Two of the United Kingdom's biggest insurance companies, General Accident Insurance Group PLC and Co
INSURER INSOLVENCIES HIGH, MANAGEABLE, WITNESSES SAY
Aviva Freudmann |
Although the insurance industry is under financial stress, the number of insolvencies has not reache
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/27 2/26 Change % Change:
SHIPPING SERVICE RETURNS AS LIBERIA STABILIZES
Erich E. Toll |
The Danish shipping line A/S Dampskibsselskabet Torm will resume service to Liberia, and other lines
COMPLAINTS ABOUT FMC SYSTEM HELD UNJUSTIFIED
Tony Seideman |
Complaints about the Federal Maritime Commission's Automated Tariff Filing Informationsystem are unj
LINER SHIPPING OPERATORS REVIEW SERVICES IN GULF
Janet Porter |
Compagnie Maritime d'Affretement, the French line that operates services to the Middle East, plans t
Maritime
SOVIETS, MARAD PLAN SPRING MEETING IN VLADIVOSTOK TO DISCUSS SERVICES
Mark D. Berniker |
Soviet and U.S. shipping officials expect to meet this spring to discuss maritime issues, a high-ran
Maritime
STRESS GOES WITH THE TURF, BUT CONTROLLERS ENJOY JUGGLING JETS
Kevin O'brien |
Two Ping-Pong balls crisscrossed the table as the agile duo played two games in one. No cham
US POLICY SPLIT WITH ALLIES POSTPONES SOVIET TRADE DEAL
Michael S. Lelyveld |
Staunch German and British opposition to U.S. policy forced abrupt postponement of a high-level alli
16 QUESTIONS POSED TO LYKES ON WAIVER BID
Journal of Commerce Staff |
The Maritime Administration earlier this week denied a request by Lykes Bros. Steamship Co. to add f
Maritime
LATIN AMERICA MAY SOON GET DEBT HELP
Richard Lawrence |
The Bush administration, pressing ahead with its Enterprise for the Americas development program, is
THE ECONOMY
Wire and Staff Reports |
ECONOMY CONTRACTS AT REVISED 2 PERCENT RATEWASHINGTON - The economy's output of goods and se
QUEBECERS SAY SEPARATIST MOVEMENT IN NO WAY ENDANGERS FREE TRADE
Alan Abrams |
The separatist movement in Quebec is no threat to North American free trade, native Quebecers and th
Maritime
WORKER INJURY TRIAL COULD HAVE SIGNIFICANT IMPACT ON CORPORATE AMERICA
Matt O'connor |
Corporate America is on trial, in a sense, in Room 706 of the Cook CountyCriminal Courts Bui
OPEC EXPECTED TO REDUCE OUTPUT, DEFEND $21 OIL PRICE
DAVID BIRD And SIMON HALL |
The Organization of Petroleum Exporting Countries is drawing up a strategy for its March 11 meeting
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 212.56 up 1.91 which compares w
DAILY PETROLEUM PRICES
JOC Staff |
FUEL OIL-MIDWEST Prevailing sellers' posted prices at the close of business, representing th
EX-IM BANK GIVES US COMPANIES EDGE IN THAILAND COUP WON'T AFFECT LOAN FOR BUILDING
Paula L. Green |
A U.S. Export-Import Bank loan to a Thai contractor will give U.S. manufacturers a shot at equipping
Maritime
WISCONSIN TEACHER WINS PRAISE FOR TURNING SCHOOLCHILDREN INTO KNOWLEDGEABLE SHIPMATES
Kevin Commins |
A fourth grade teacher in Fond du Lac, Wis., is gaining national recognition for her efforts to prom
Maritime
US MILITARY PERSONNEL ARE COVERED BY A $50,000 LIFE INSURANCE POLICY
Jack Foley |
American military personnel who die while in the service - during war or peace - are covered by a $5
INSURANCE EARNINGS
Wire and Staff Reports |
USF&G POST NET LOSS FOR FOURTH QUARTERBALTIMORE, Md. - Fourth quarter at USF&G Corp. showed
CZECHOSLOVAKIA SEEN READY FOR INVESTMENT
Milan Ruzicka |
Czechoslovakia Tuesday reached a milestone in its march toward a free market economy by enacting a n
STATE DEPT. TO MONITOR FOREIGN DOCK PRACTICES
WILLIAM DiBENEDETTO |
The State Department will monitor foreign longshore work activities to provide the Attorney General
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
FAR EAST CONFERENCE CUTS MIDEAST SURCHARGELONDON - The Far Eastern Freight Conference announ
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Feb. 27, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
CSX STOCK JUMPS ON KUWAIT NEWS
Journal of Commerce Staff |
CSX Corp. stock was up $2.50 to $37.88 Wednesday afternoon following a story in The Journal of Comme
US DOLLAR TRADES MIXED IN DIRECTIONLESS MARKET
Knight-Ridder Financial |
The U.S. dollar was mixed again Wednesday as traders remained undecided whether to buy or sell.<
BILL TO HIKE EXPORT BONUS FUNDS UNLIKELY TO AID SOVIET UNION
Knight-Ridder Financial |
The Soviet Union is unlikely to benefit from the House Agriculture Committee's approval of $475 mill
DOWNWARD CORRECTION IN COTTON SEEN NEAR
Linda Ewing |
The time may be approaching for a long-awaited downward price correction in U.S. cotton prices from
SPAIN'S IBERIA AIRLINES, LOCAL INVESTORS SEEK STAKE IN DOMINICANA
Larry Luxner |
Spain's Iberia Airlines is seeking to acquire a 40 percent interest in the Dominican Republic's mone
FORMER EMPLOYEES WILL OPEN TIME CAPSULE THAT OUTLASTED EASTERN
David Hancock |
The date was May 1, 1948. Gen. Dwight D. Eisenhower was retiring from the Army, vowing never to run
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 27, 1991 Prices in the spot chemicals table include spot quotations or list price
US SUBSIDIES EXCEED CANADIAN FARM AIDS
Journal of Commerce Staff |
U.S. agricultural subsidies for some commodity grains have dropped significantly since the U.S.-Can
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
YELLOW FREIGHT CUTS FUEL SURCHARGEOVERLAND PARK, Kan. - Yellow Freight System Inc. said it p
K/S INVESTMENT FIRMS OF NORWAY DEFENDED
Janet Porter |
Gloomy predictions about a flood of distressed ship sales from troubled Norwegian investment compani
Maritime
ASSOCIATE MEMBERSHIP AT CBT TRADES HIGHER
Knight-Ridder Financial |
An associate membership at the Chicago Board of Trade sold Tuesday for $224,000, up $14,000 from the
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