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LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Feb. 4, 1991Bid AskedCopper-G
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 4, 1991Brent Crude Oil - (Dollars Per Barrel)-
CLEAN COAL FUNDING CUT SHORT
Tim Sansbury |
President Bush's new budget calls for termination of the final round of the Clean Coal Technology pr
NY PORT SEEN AIDED BY CUTS IN WORK FORCE
Alan Abrams |
By coming close to its goal for reducing its waterfront work force, the Port of New York and New Jer
COAST GUARD BUDGET GETS 8 PERCENT MORE
Bruce Vail |
The only major new government spending on maritime programs proposed by President Bush Monday is an
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 5A * Rosalind Rachid - Trade Talk 5A* Commodity Research Bureau 7A<
THE ECONOMY
Wire and Staff Reports |
PRODUCTIVITY CLIMBS AS LABOR COSTS RISEWASHINGTON - The productivity of U.S. non-farm busine
COMMUNIST ALBANIA MAPPING PLANS FOR MAJOR ECONOMIC, POLITICAL REFORM
From Wire Reports (Reuter) |
Communist Albania is planning major economic changes after 46 years of Stalinist central planning an
Maritime
OUTSIDE EVENTS OVERSHADOW EC PROGRESS TO SINGLE MARKET
Bruce Barnard |
Almost unnoticed, the European Community is steadily forging ahead with the creation of a giant fron
Maritime
WOOL RESERVE PRICE SCHEME IN AUSTRALIA COULD BE TEMPORARY AIM IS TO KEEP DEBT MANAGEABLE
Knight-Ridder Financial |
Australian cannot afford to maintain its wool reserve price at all costs, a spokesman for the office
BUSH PROPOSES HIKE IN US EXPORT BONUS PROGRAM SPENDING
Knight-Ridder Financial |
The Bush administration Monday proposed that the U.S. Department of Agriculture be allowed to spend
PA. ATTORNEY GENERAL EXAMINES PHILADELPHIA-HOLT LEASE PACT
Leeann Lodder |
Protests from waterfront union leaders, New Jersey port officials and a competing stevedore are hold
Maritime
OFFICIALS DOUBT FUNDING PLAN FOR MASS. HIGHWAY WILL FLY MASSPORT LAND VALUE FALLS DRASTICALLY
Michael S. Lelyveld |
Federal officials raised serious doubts Monday about a Massachusetts budget- balancing scheme to rai
LLOYD'S PANEL CLEARS PATH FOR TERRORISM INSURANCE
Journal of Commerce Staff |
The Lloyd's of London insurance market has responded to increasing demands for cover against acts of
CLOSER TRADE LINKS EXPECTED BETWEEN SINGAPORE, MEXICO
Jacob Daniel |
Singapore and Mexico are likely to develop closer ties in shipping, trade, tourism and investment, f
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,465-$1,475 per ton lots & in warehouse min. 99.
FREIGHT RATE FUTURES
JOC Staff |
Feb. 4, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
FMC WEIGHS REQUESTS FOR MIDEAST EXEMPTIONS
Erich E. Toll |
The U.S. government is considering whether to exempt ten shipping lines serving the Middle East from
ARGENTINA RAISES UTILITY RATES, ATTACKS TAX DODGERS
(Reuter) |
Domingo Cavallo, Argentina's new economy minister, announced large increases in utility rates, a pla
ECONOMIC DATA ABROAD
Wire and Staff Reports |
INDUSTRIAL PRODUCTION RISES 0.7 PERCENT IN GERMANYFRANKFURT, Germany - Increases in the ener
UK SEEKS FUNDS TO COVER WAR
Knight-Ridder Financial |
The U.K. wants more money from its allies toward the cost of its war effort in the Persian Gulf, U.K
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
RTZ UNIT TO CLOSE ITS UK TIN SMELTERWholly owned RTZ Corp. subsidiary, Capper Pass, which op
TRAFFIC BRIEFS
Wire and Staff Reports |
GENOESE LIKELY TO SEEK TEAMSTERS PRESIDENCYNEW YORK - William Genoese, who heads the Teamste
PIPE BOMBS REPORTED AT PORT STORAGE TANKS
From Wire and Staff Reports |
Law enforcement officials reported Monday the discovery of what are believed to be two pipe bombs at
Maritime
EQUITABLE LANDS CONTRACTFOR 17 PATROL BOATS
Journal of Commerce Special |
The Navy last week awarded a $38 million contract to Trinity Marine Group for the construction of 17
Maritime
UNITED AIRLINES HANGAR STIRS FEARS OF UNIONIZATION IN NORTH CAROLINA
Joseph Menn |
While the Greensboro, N.C., area is using land and incentives worth $47 million to lureone of the st
TURKEY, IRAN AND SYRIA PUBLICLY DENY AMBITIONS FOR IRAQI TERRITORY
Peter Slevin |
When the British war cabinet met on Aug. 13, 1918, the foreign secretary told Prime Minister David L
ENERGY BRIEFS
Wire and Staff Reports |
VENEZUELAN BANK CHIEF PREDICTS $20 OILDAVOS, Switzerland - Oil prices should stabilize at "a
FMC CHAIRMAN SEEKS TO CALM CONSOLIDATORS' BOND LAW FEARS
Leeann Lodder |
The chairman of the Federal Maritime Commission, addressing ocean freight consolidators, sought to a
Maritime
GASOLINE PRICES
JOC Staff |
Feb. 4, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
DAILY PETROLEUM PRICES
JOC Staff |
Monday Feb. 4, 1991 Prevailing sellers' posted prices at the close of business, representing
TRADE BRIEFS
Wire and Staff Reports |
US, UK FIRMS JOINING TO REBUILD KUWAITU.K. and U.S. construction companies are forming joint
Maritime
FED PANEL MAY VOTE TO RELAX POLICY AS ECONOMY SAGS
Sheila Mullan |
The Federal Reserve's policy-making arm is expected to decide on a further easing of monetary policy
EX-IM BANK RESTRUCTURING, GLOBAL AID BOOST PLANNED
John Maggs |
President Bush's fiscal 1992 budget proposes a small increase in outlays for international developme
TRANSSHIPMENT REMAINS CONTENTIOUS ISSUE
Journal of Commerce Special |
Trade frictions between China and the United States are exacerbated by the heavy transshipment of Ch
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
GROOTINT TO BUILD PLATFORM FOR CHEVRON'S NORTH SEA FIELD
Knight-Ridder Financial |
Chevron Corp. awarded a contract worth 56 million to the Dutch company Grootint for the constructio
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
ASIAN FUTURES
JOC Staff |
Feb. 4, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
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