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WESTERN TRADE OFFICIALS DECRY CHINESE CLAIM OF SANCTIONS BEIJING DEFENDS TRADE SURPLUS
Helen Berg |
The lackluster performance of U.S. exports to China is, according to Beijing's official line, a dire
Maritime
INTERNATIONAL LOANS
Journal of Commerce Staff Report |
CHINA - $150 million from the World Bank to help modernize enterprises producing electronic componen
Maritime
PEOPLE - COMMODITIES CARGILL NAMES TWO TO TOP POSITIONS
Knight-Ridder Financial |
Heinz F. Hutter was elected president and William R. Pearce was elected vice chairman of Cargill Inc
BRAZIL'S ECONOMIC PLAN COULD HAVE POSITIVE IMPACT ON COFFEE EXPORTS
Tom Murphy |
The impact of Brazil's sweeping new anti-inflation economic plan on coffee exports will be at worst,
FUTURES TRADING USER FEE IDEA DRAWS FIRE AT EXCHANGES
Knight-Ridder Financial |
The trading industry Monday blasted a White House proposal to add a 13-cent ''user fee" to futures a
CHEMICAL BRIEFS
From Wire and Staff Reports |
US-JAPAN VENTURE TO PRODUCE MTBEA subsidiary of Japan's Mitsui Co. Ltd. will produce methyl
PEOPLE - TRANSPORT
Wire and Staff Reports |
ITEL RAIL CORP. (San Francisco) - Robert E. Dowdy was elected president of Fox River Valley Railroad
WHITE HOUSE CONCERNED ABOUT INSURANCE SECTOR
Knight-Ridder Financial |
The White House said Monday it was "concerned" that the bad investments have weakened the insurance
AIRLINES COMPETE TO GRAB CARGO EASTERN LEFT BEHIND CONTINENTAL HONORS EAL CONTRACTS
Lawrence H Kaufman |
Eastern Air Lines was not a big player in the air cargo business but its demise offers its competito
MARITIME BRIEFS
From Wire and Staff Reports |
NEDLLOYD SELLS AIR FREIGHT UNITSLONDON - Royal Nedlloyd Group NV, under pressure from shareh
Maritime
SPOT PETROLEUM PRODUCT PRICES EXPECTED TO DECLINE IN ASIA SUPPLY CONCERNS BEGINNING TO EASE
Knight-Ridder Financial |
Spot market prices for petroleum products in Asia will likely decline as concern ebbs about the secu
US WELL DRILLING INCREASED IN 1990
Knight-Ridder Financial |
The search for new U.S. oil and natural gas supplies led to a 2.8 percent increase in completed dril
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Feb. 4, 1991Dubai Crude Oil - (Dollars Per Barrel)
EMPLOYERS FEAR IMPACT OF MEDICARE CUTBACK
Aviva Freudmann |
A proposed cut in Medicare payments to doctors and hospitals would shift costs from the government t
TRANSPORT PROPOSAL FOCUSES ON UPGRADING OF INFRASTRUCTURE
WILLIAM DiBENEDETTO |
The key word for transportation in President Bush's fiscal 1992 budget is infrastructure. On
OVERNITE WITHDRAWS ITS INTERSTATE RATES FROM MOST BUREAUS
Tony Seideman |
Overnite Transportation Co. has withdrawn its interstate rates from all but one regional tariff bure
BUSH TELLS ISRAEL-AID SEEKERS US MONEY BARREL NEAR EMPTY
From Wire Reports |
President Bush has told American Jewish leaders that the United States will have difficulty respondi
DOLLAR RECOUPS EARLY LOSSES AFTER CENTRAL BANKS INTERVENE
Knight-Ridder Financial |
The U.S. dollar rebounded Monday afternoon in re- action to central banks' intervention in the forei
MEXICO SEEKS TO EXPAND CUBA TIES, AT RISK OF ROCKING US TRADING BOAT
Katherine Ellison |
Mexico is planning to boost business with Cuba, despite the risk of vexing the United States in the
Maritime
GATT CHIEF SAYS HE'S OPTIMISTIC ON CONCLUDING WORLD TRADE TALKS
From Wire Reports |
Trade talks to shape international commerce into the 21st century are regaining momentum after becom
Maritime
EAST GERMANY'S WISMUT GROUP HOPES BONN WILL FINANCE CLEANUP, RESCUE
From Wire Reports |
Wismut AG gave Moscow the atom bomb, churned tracts of eastern Germany into a radioactive wasteland
Maritime
NICKEL PLANT EXPANSION STALLED IN AUSTRALIA
Knight-Ridder Financial |
Australia's Western Mining Corp. says it has made no real progress since mid- January in talks with
EDI EXCHANGE
Tony Seideman |
NOBODY'S UNIQUE, the air cargo industry is finding out. Customs brokers and freight forwarde
INDIA TO CONTINUE BUYING HEAVILY ON SPOT OIL MARKET TO MEET DEMAND
Knight-Ridder Financial |
Indian Oil Co. will continue to buy heavily on the spot oil market this year, as it has done since I
ENERGY BRIEFS
Wire and Staff Reports |
2ND-QUARTER COLLAPSE IN OIL PRICES EXPECTEDNEW YORK - An oil price collapse by spring or soo
BAN ON IRAQI OIL IMPORTS APPLIES TO JORDAN, US SAYS
From Wire Reports |
The United States said Friday that Jordan had no special exemption from a United Nations embargo aga
COMEX METAL WAREHOUSE
JOC Staff |
Feb. 4, 1991 Copper Total, 14,720. Gold Total, .1,775,213.Silver Total, .266,973,827.
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Frirsday at 213.65 off 0.47 which compares
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended Jan. 26, 1991, vs. Similar 1990 Period Cars Cars Loaded LoadedChange
FINANCIAL BRIEFS
Wire and Staff Reports |
MONETARY POLICY SEEN KEY TO EUROPEAN UNIONDAVOS, Switzerland - Bundesbank President Karl Ott
VENEZUELA AND US MOVE ON INCOME TAX TREATY
Paula L. Green |
The United States and Venezuela have completed the first round of negotiations on the establishment
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
TRADE BRIEFS
Wire and Staff Reports |
EC MINISTERS MEET ON SECURITY, DEFENSEBRUSSELS, Belgium - European Community foreign ministe
Maritime
THAI PROPOSAL ON RATE REGULATION UPSETS CARRIERS
Kenneth J. Stier |
A government plan to force shipping lines to give 100 days' notice of freight rate changes, and nego
Maritime
NEV. GOVERNOR SUSPENDS INSURANCE COMMISSIONER
Jerry Goldberg |
Nevada Insurance Commissioner Al Iuppa was placed on administrative leave with pay last week followi
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
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