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US PRODUCERS TRY TO HOLD LINE ON COAL PRICES IN BRAZIL TALKS
Tim Sansbury |
Major U.S. coking coal producers supplying Brazil's steel mills under long- standing agreements are
PARRIS TO SEEK NEW PRODUCTS FOR SEAWAY MOVEMENT
WILLIAM DiBENEDETTO |
Stanford E. Parris says his major job as administrator of the Saint Law-rence Seaway Development Cor
Maritime
KUWAITI WELLS COULD BLAZE FOR A YEAR, FIREFIGHTERS SAY
From Wire Reports |
Kuwait's blazing oil wells, posing a daunting challenge to firefighters, may still be belching smoke
INDIA FINDS OIL, SEEKS TO DIVERSIFY SOURCES
N. Vasuki Rao |
The state-owned oil and natural gas commission has made nine discoveries of oil and gas in the Bomba
JAPANESE OFFICIA LS ARE NOT READY TO BROADEN THE POWERS OF BANKS
Larry Holyoke |
Japan's Ministry of Finance may not get a final answer this year from the Securities and Exchange Co
PEOPLE - FINANCIAL
Wire and Staff Reports |
AMERICAN EXPRESS BANK LTD. (New York) - Steven D. Goldstein, 39, was named president and chief execu
US DOLLAR MOVES HIGHER ON ECONOMIC OPTIMISM
Knight-Ridder Financial |
The U.S. dollar traded broadly higher Thursday afternoon on new optimism about the U.S. economy with
EXPORT FINANCING RESUMES FOR BRAZILIAN CAPITAL GOODS
James Bruce |
After a five-month interruption, a new line of long-term export finance for Brazilian capital goods
Maritime
AMOCO ORDERS TWIN-HULL TANKER
Journal of Commerce Staff |
Amoco Transport Co. ordered a 280,000-deadweight-ton tanker with a doublehull to be built in
Maritime
AIG EARNINGS ROSE FOR FOURTH QUARTER
From Wire Reports |
American International Group Inc. reported operating income for the fourth quarter ending Dec. 31 ro
ALASKA, EXXON AGREE ON SETTLEMENT FRAMEWORK
(Reuter) |
The state of Alaska and federal agencies reached agreement with Exxon Corp. on a framework to settle
Maritime
ASIAN FUTURES
JOC Staff |
Feb. 28, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
SENATORS VOICE OBJECTION TO CUTS IN FEDERAL FUNDING FOR US HIGHWAYS
Geoffrey H. Brown |
The Bush administration's proposed highway bill came under fire Thursday from several members of a S
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
ACRYLIC LATEXES Reichhold Chemicals Inc. said it will raise prices of its acrylic latexes so
INSURANCE BRIEFS
Wire and Staff Reports |
BRITISH AMERICAN LIFE REFOCUSES IN MALAYSIABritish American Life & General Insurance Co. wil
CONGRESS SETS 'FAST-TRACK' PRICE
John Maggs |
The Bush administration faces an uphill battle to gain congressional approval for extension of trade
COPPER GAINS ON CEASE-FIRE, HOPES FOR INCREASED DEMAND
Howard Simon |
Copper prices rose Thursday on news of a cease fire in the Persian Gulf war but bullishness was temp
ASARCO HIKES SPOT COPPER PURCHASES
Knight-Ridder Financial |
Asarco Inc. has increased its purchases of copper from the merchant market for the first quarter of
PA. CLOSE TO IMPLEMENTING FUND FOR UNDERGROUND TANK INSURANCE
Journal of Commerce Special |
Pennsylvania's state-operated insurance fund for the coverage of underground storage tanks - mostly
NEWLY FORMED GROUP STRIVES TO IMPROVE FORWARDERS' IMAGE STRONGER TRUCK TIES ARE AMONG GOALS
R.G. Edmonson |
Air freight forwarders, striving to improve their image, are out to strengthen ties with truck draya
MARITIME CALENDAR
JOC Staff |
FOREIGN TRADE ZONES SEMINAR. March 5. Indianapolis, Ind. Presented by Greater Indianapolis Foreign T
Maritime
JON JACOBS MARITIME EDITOR
JOC Staff |
Jon Jacobs, 36, joined The Journal of Commerce as maritime editor in June 1988. A transporta
US INDICTS TRIO ON CHARGES OF ILLEGAL BANK LOANS TO IRAQ
(Ap) |
Attorney General Dick Thornburgh announced the indictment of the former manager of the Atlanta branc
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 28, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.5
COMMODITY BRIEFS
From Wire and Staff Reports |
TAIWANESE BUY ARGENTINE CORNTAIPEI, Taiwan - Argentine corn is set to make significant inroa
INDUSTRY AIMS TO PERK UP NATIONAL CONSUMPTION
Knight-Ridder Financial |
The U.S. coffee industry is looking to market researchers to help boost national coffee consumption
CANADA CONNECTION WOULD BE BOON FOR CAROLINA TRADE, EXPERTS SAY
Ed Martin |
In what could prove a happy coincidence for air travel in the Carolinas, several unrelated events bo
DOMINICAN REPUBLIC FUEL CRISIS EASES BUT SHORTAGES, BLACKOUTS CONTINUE
Larry Luxner |
Long lines no longer form at gasoline stations, and Santo Domingo residents are thrilled to have ele
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Feb. 28, 1991Dubai Crude Oil - (Dollars Per Barrel
AVIATION BRIEFS
Wire and Staff Reports |
CONSORTIUM TO BUILD SOVIET TRAFFIC SYSTEMNEW YORK - A new consortium plans to give the Sovie
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US AND JAPAN MAY CLASH OVER POSTWAR GULF AID
From Wire Reports |
Once the Persian Gulf conflict is over, Japan and the United States may clash over how to channel th
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
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