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AVIATION BRIEFS
Wire and Staff Reports |
SAS PLANS TO LAY OFF 3,500 EMPLOYEESCOPENHAGEN, Denmark - Scandinavian Airlines System Frida
ICC REVERSES JUDGE'S RULING, PERMITS BN ABANDONMENT OF MONTANA TRACK
Geoffrey Brown |
The Interstate Commerce Commission reversed a decision by an administrative law judge and approved a
BETHLEHEM STEEL SAYS NEW VENTURE WON'T AFFECT COKING COAL PURCHASES
Tim Sansbury |
The joint venture Bethlehem Steel Corp. is forming with British Steel PLC, involving a significant
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 25, 1991Bid AskedCopper-
AMOCO SIGNS CONTRACT TO DEVELOP OIL FIELD IN THE SOUTH CHINA SEA
John N. Maclean |
Amoco Corp. Thursday signed a joint-venture agreement with China to develop an oil field in the Sout
TRADE BRIEFS
Wire and Staff Reports |
DUTCH FOOD EXPORTS TO IRAQ SOARED IN 1990AMSTERDAM, Netherlands - Iraq bought seven times as
Maritime
SEVERAL SUBTLE INFLUENCES SEEN SWAYING CATTLE
Kevin Pendley |
The Persian Gulf war and U.S. economic woes aren't the only factors weighing on cattle prices these
SPOT PRODUCT PRICES
JOC Staff |
Jan. 25, 1991 U.S. spot oil products price indications, sellers range, in cents per gallon,
US POSTAL SERVICE TAKES MEASURES TO FOIL TERRORISTS
Ira Breskin |
The U.S. Postal Service, concerned about the heightened appeal that airmail in transit may hold for
UK CURRENT ACCOUNT DEFICIT NARROWS TO $1.7 BILLION
Knight-Ridder Financial |
The United Kingdom's seasonally adjusted balance of payments deficit narrowed to 844 million ($1.66
OLIN EARNINGS FELL IN FOURTH QUARTER
Journal of Commerce Staff |
Olin Corp. Friday reported 1990 fourth quarter net income of $8 million, or 37 cents a share, compa
STUDY SHOWS AIDS SURVIVAL RATE DOUBLED
From Wire Reports |
A British study published Friday found that the average survival rate for victims of AIDS doubled be
INSURANCE BRIEFS
Wire and Staff Reports |
ASBESTOS VICTIMS AWARDED $30.7 MILLIONA federal jury last week awarded $30.7 million to ship
LLOYD'S CUTS CARGO RATES FOR ISRAEL
Janet Porter |
London insurers Friday lowered recommended rates for seaborne cargoes moving to and from Israeli por
NS TO BUILD NEW ORLEANS INTERMODAL TERMINAL
Journal of Commerce Special |
Norfolk Southern Corp. will build an $8.5 million intermodal terminal here that will triple its load
NEW ORLEANS AWARDS 1ST PACTS FOR DOCK PROJECT
Journal of Commerce Special |
The New Orleans Dock Board awarded the first contracts on the $110 million renovation of its riverfr
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 25, 1991 Prices in the spot chemicals table include spot quotations or list price
OIL DEAL SUSPECTS ARE DENIED BAIL
From Wire Reports |
Two Spaniards indicted in connection with an alleged plot to sell Iraqi oil in violation of the U.N.
TAIWAN'S CEMENT MAKERS STRUGGLE TO CONTROL GROWING LOCAL MARKET
Chris Brown |
Cement exports are dropping rapidly as producers here seek to maintain control of the expanding loca
Maritime
LNG TANKER CAUSES BOSTON MEDIA MUDDLE
TOM McNIFF Jr. |
Mayor Raymond Flynn got more than he hoped late last week when the arrival of an Algerian liquefied
Maritime
JAPAN'S BEEF IMPORTS TO FALL IN '91, MAY RECOVER LATER
Jennifer Cody |
The long-awaited liberalization of Japan's beef market in April will have a two-way impact here, wit
STRONG HAWAIIAN ECONOMY LIFTS EARNINGS FOR MATSON'S PARENT
Alan Abrams |
A relatively strong Hawaiian economy helped boost the fourth quarter earnings of Matson Navigation C
ZURICH GROUP CONTINUES EXPANSION IN AUSTRALIA
Vincent W. Stove |
The Zurich Australian Insurance Group (ZAIG) has just completed a reorganization of its Australian o
BALOISE POSTS 7 PERCENT INCREASE IN PREMIUMS
John Zarocostas |
Baloise Insurance Group, Switzerland's third largest multi-insurance corporation announced a 7 perce
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
LARRY KAUFMAN'S INSIDE TALK ON TRANSPORTATION
Larry Kaufman |
ARE RAILROADS CRYING "please don't throw me in the brier patch" in reaction to this month's Presiden
TRAFFIC BRIEFS
Wire and Staff Reports |
OPERATING INCOME RISES 6.7 PERCENT AT RAILSThe operating income of the nation's largest rail
GULF WAR HITS DEMOLITION MART
Journal of Commerce Staff |
Jitters from the Persian Gulf war have nearly shut down the ship demolition market, said a Tequesta,
Maritime
COST OF CREDIT
JOC Staff |
Fri., Jan. 25, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,470-$1,480 per ton lots & in wareh
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 24, 1991 Copper Total, 14,747. Gold Total, .1,681,346.Silver Total, .266,005,046.
SPOT COMMODITIES
JOC Staff |
Jan. 25, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
ITC CALENDAR FEBRUARY REPORTS MAY INFLUENCE NORTH AMERICAN TRADE PROSPECTS
Journal of Commerce Staff |
The International Trade Commission is scheduled to produce two reports in February that could substa
Maritime
TINY LUXEMBOURG BLINKS IN SPOTLIGHT AS IT TAKES OVER EC PRESIDENCY
(Reuter) |
Police leave has been canceled and the army has been called in to help. Luxembourg, the Euro
Maritime
POULTRY CREDIT LINE TO USSR EXHAUSTED
Knight-Ridder Financial |
The Soviet Union has exhausted its $25 million credit line for poultry, bringing total purchases und
CHEMICAL BRIEFS
From Wire and Staff Reports |
SAUDIS TO DELIVER HALF OF JAPAN'S NAPHTHASaudi Arabian national oil company Samarec has agre
CONNECTICUT SHIP EVENT TO ADDRESS SAFETY RULES
Journal of Commerce Staff |
The public's increasing attention on environmental issues and increasing pollution liability risks f
Maritime
KUWAIT PLEDGES $13.5 BILLION FOR OPERATION DESERT STORM
From Wire Reports |
Kuwait pledged $13.5 billion Friday to help pay gulf war costs for the first three months of 1991, a
SOVIET TAX-DODGING HURTS INVESTORS VENTURES MEET BIG DELAYS
Michael S. Lelyveld |
The Soviet government has become increasingly wary of Western joint ventures,because of conc
US DOLLAR EXPECTED TO TRACK DOWNWARD WITH INTEREST RATES
Gordon Platt |
The dollar will track U.S. interest rates on a downward course during the next few weeks, and the cu
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