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TRADE BRIEFS
Wire and Staff Reports |
NORTHERN TELECOM SETS ACCORD WITH MOTOROLAARLINGTON HEIGHTS, Ill. - Motorola Inc. and Northe
Maritime
CARIBBEAN BLOC PUTS WISCO LINE UP FOR SALE
Canute James |
A shipping line owned by several Caribbean governments is being offered for sale to private investor
Maritime
NEW PRODUCTS
JOC Staff |
CANON CAMCORDER OFFERS INTERCHANGEABLE LENSESCanon Inc.'s newest camcorder, known as the L1,
Maritime
TOTAL, PETROFINA, REPSOL AGREE ON SOVIET VENTURE
Knight-Ridder Financial |
France's oil group Total Compagnie Francaise des Petroles SA, Belgium's Petrofina SA and Spain's Rep
PORT SHIFTS TO STARBOARD IN WINE EXPORTER'S TACK
Allen R. Wastler |
What do you do if "port" is blocked? Go "starboard." At least that was the answer for one Ca
Maritime
FMC HEARING PROBES ALLEGED MISUSE OF SERVICE CONTRACT
Bill Mongelluzzo |
The Federal Maritime Commission this week launched another fact-finding investigation into rate malp
Maritime
TEXTILE TRADE TALKS NOT ON FASTER TRACK
John Maggs |
Multilateral talks on textiles trade will not be completed for at least several months, according to
Maritime
LME AIMS TO WOO US METAL PRODUCERS
Roberta C. Yafie |
The London Metal Exchange has embarked on a global marketing strategy aimed at wooing U.S. metal pro
FARM TRADE BARRIERS STILL LOOM IN GLOBAL TALKS, YEUTTER SAYS
Mary Foley |
While the deadlock over farm reform appears to be broken, Uruguay Round negotiators have a long way
BALTIC FREIGHT INDEX
JOC Staff |
1664 (Feb. 21, 1991) Previous day - 1654 The Baltic International Freight Futures Market in
Maritime
BAUXITE, SUGAR FIGURES DECLINE IN GUYANA
Knight-Ridder Financial |
Guyana's gross domestic product declined by 3.9 percent in 1990, compared with a decline of 5.1 perc
SOUTH AFRICAN PAPER REVEALS NATIONALIZATION POLICY SHIFT
From Wire Reports |
Nelson Mandela's African National Congress, in a stark shift in economic thinking, said Thursday tha
CONFLICT ADDS TO WOES OF EUROPEAN CARMAKERS
(Reuter) |
A quick allied victory in the Persian Gulf war would give a lift to Europe's troubled carmakers. But
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
CHINA AIRLINES POSTS RECORD PROFIT FOR '90TAIPEI, Taiwan - Taiwan's state-owned China Airlin
PORTLAND OFFERS TO CUT LANDING FEES FOR CARGO CARRIERS IN FUNDING PLAN
John Davies |
As part of an overhaul of the way Portland International Airport is funded, the Port of Portland is
INSURANCE BRIEFS
Wire and Staff Reports |
HEARING TO EXAMINE HEALTH COVER ACCESSWASHINGTON - The health subcommittee of the U.S. House
SENATE PROVIDES GLIMPSE OF GREAT ENERGY DIVIDE
Tim Sansbury |
The nation is a long, long way from reaching a consensus on energy policy, judging by comments Thurs
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 21, 1991 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 29.7
SPOT COMMODITIES
JOC Staff |
Feb. 21, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 21, 1991 Prices in the spot chemicals table include spot quotations or list price
MARITIME CALENDAR
JOC Staff |
MARITIME SEMINAR. Feb. 22-23. Newark, N.J. Sponsored by National Association of Marine Surveyors Inc
Maritime
ALAN ABRAMS' INSIDE TALK ON SHIPPING
Alan Abrams |
''THERE ARE NO SECRETS in the maritime industry;" they're all in printed in The Journal of Commerce,
Maritime
W. COAST-EUROPE SHIP CARGO RATES TO CLIMB BY 10 PERCENT INCREASE IS SET FOR MARCH 15
Erich E. Toll |
A group of shipping lines plans to raise freight rates from the West Coast to Europe by approximatel
JIMMY HOFFA'S SON ANNOUNCES PLAN TO RUN FOR TEAMSTERS PRESIDENT
John Lippert |
James P. Hoffa said Wednesday he soon would launch a formal campaign for presidency of the Teamsters
TRUCKERS TO HIKE RATES BY 5.5 PERCENT, BUT MAY NEED MORE
Gregory S. Johnson |
Trucking companies are scheduled to take a 5.5 percent rate increase on April 1 to offset the costs
ROMANIA, RAIL WORKERS SETTLE STRIKE
From Wire Reports |
A 2-week-old railway strike ended Thursday after the government and union leaders negotiated a settl
ALLIANCE WORKSHOP TO FOCUS ON GOVERNMENT REGULATION
From Wire Reports |
"Government Intervention: A Fact of Life in the '90s," is the theme of the Underwriting Management W
GASOLINE PRICES
JOC Staff |
Feb. 21, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
FINANCIAL BRIEFS
From Wire and Staff Reports |
$1.6 BILLION IMF LOAN TO HUNGARY APPROVEDBUDAPEST, Hungary - The International Monetary Fund
FED SEEN HELPING KUWAITIS, SAUDIS TO RAISE CASH FOR THE WAR EFFORT
Sheila Mullan |
The Federal Reserve may be taking the radical step of helping war-torn Kuwait and Saudi Arabia raise
SUPPLIES OF CRUDE OIL INCREASE IN WEEK, API BULLETIN SAYS
Journal of Commerce Staff |
Crude oil stocks increased by 5.4 million barrels from the previous week, the American Petroleum Ins
HOWARD SIMON'S SIMON SAYS
Howard Simon |
RECESSION HAS PUT A DAMPER on copper demand but not on production. A global surplus of coppe
SHIP SALE REPORT
JOC Staff |
Actual Vessel Sale Evaluations Sale Time Date Ve
Maritime
CHEMICAL BRIEFS
From Wire and Staff Reports |
MONTEDISON STARTS UP CFC SUBSTITUTES PLANTItaly's Montedison SpA said one of its subsidiarie
PEOPLE - CHEMICALS NESTE CHANGES STRUCTURE, MANAGEMENT
From Wire Reports |
Neste Chemicals announced several changes in its management and organizational structure. Th
INSURERS, BANK JOIN TO CREATE PAN-EUROPEAN LIFE COMPANY
Journal of Commerce Special |
A group of major insurance companies from Britain, Europe and Belgium have joined forces with a Luxe
PRUDENTIAL CHANGES NAME OF BROKERAGE
From Wire Reports |
Financial giant Prudential Insurance Co. of America is renaming its Prudential-Bache Securities Inc.
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Feb. 21, 1991 Prevailing sellers' posted prices at the close of business, represent
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago2/21 2/20 Change % Change:
UP PROJECT MINIMIZES IMPACT OF DERAILMENTS
John Boyd |
A little more than a year ago, Union Pacific Railroad's extensive yard operations here were bleeding
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