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CHINA PLANS TO REPLACE AGING PARTY WORKERS
From Wire Reports |
China will seek to inject new blood into the Communist Party by replacing aging party workers with y
Maritime
AUTHOR CLAIMS PRESSURE FROM JAPAN SPURRED HIS COMPANY TO FIRE HIM
William Armbruster |
The author of a controversial book on U.S.-Japan relations says his company fired him because of pre
Maritime
US FARM EXPORTS FORECAST TO DROP BY $1.6 BILLION IN '91
Craig Dunlap |
A record world wheat crop and near record harvests of other crops will depress slightly U.S. agricul
SUGAR GROWERS URGE YEUTTER TO REVIEW IMPORT QUOTA HIKE
From Wire and Staff Reports |
U.S. sugar growers are urging U.S. Agriculture Secretary Clayton Yeutter to reduce the U.S. sugar im
INDIA SET TO REPAIR DAMAGED CRACKER AS SHORTAGES LOOM
N. Vasuki Rao |
The country's first natural gas cracker, damaged by an explosion last November before it became full
CHEMICAL EARNINGS
From Wire and Staff Reports |
CARBIDE EARNINGS FELL IN FOURTH QUARTERUnion Carbide Corp. said it earned $7 million, or 5 c
FREIGHT RATE FUTURES
JOC Staff |
Jan. 23, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Financing Trade 3A * Import Quota Watch 4A* EC 1992 Regulatory Roundup 5A
ALLIED AIRCRAFT BOMB BASRA PORT
From Wire Reports |
Allied aircraft bombed Iraq's port city of Basra so heavily Tuesday that they shook an Iranian city
Maritime
SCRAMBLE'S ON FOR EASTERN'S ASSETS
Ted Reed |
The carving up of Eastern Airlines has begun. Delta Air Lines, formerly Eastern's primary co
GASOLINE PRICES
JOC Staff |
Jan. 22, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
US ARCHITECTS EXPORT SERVICES TO EASTERN EUROPE
Michael S. Lelyveld |
As the U.S. recession dashes hopes for profits at home, American architects, designers and engineeri
Maritime
BATA VOWS TO CONTINUE BATTLE WITH PRAGUE
From Wire Reports |
International shoe magnate Thomas Bata this month vowed to continue to fight for a stake in his fami
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF JAN. 21
Journal of Commerce Staff |
The European Community Monday postponed a meeting with the Soviet Union to discuss economic cooperat
Maritime
MONGOLIAN PRESIDENT VISITS US IN BID TO BOOST ECONOMIC TIES
Duncan Robinson |
Punsalmaagiin Ochirbat, president of the Mongolian People's Republic, will meet with President Bush
Maritime
EC MINISTERS DEFER ACTION ON FARM POLICY CHANGE
Knight-Ridder Financial |
EC farm ministers Tuesday avoided substantive discussions on reforms to the EC's Common Agricultural
PERSONAL LINES COVER: HOW PRICY IS PRICY?
From Wire and Staff Reports |
Regardless of their income group, Americans use about 2 percent of their household spending for auto
INDIA RESUMES LOADING IRAN OIL, ORDERS FUEL USE CUTS
N. Vasuki Rao |
With prospects for a quick end to the Persian Gulf war seeming to fade, the Indian government Monday
FLAG ISSUE UNFURLS AROUND VESSEL THAT WOULDN'T ENTER GULF SHIP MAY BE FLYING CYPRIOT FLAG ILLEGALLY
Bruce Vail |
The owner of a merchant ship whose crew refused last week to deliver military supplies to the Persia
Maritime
KVAERNER REMAINS INTERESTED IN STAKE IN POLISH YARD, BUT TALKS ARE STALLED
Janet Porter |
Kvaerner AS, the Norwegian shipping and shipbuilding group, said it is still keen to buy a stake in
Maritime
TRADE BRIEFS
Wire and Staff Reports |
MCDONALD'S, WENDY'S HIT BACK IN SPAINMADRID, Spain - Fast-food giants McDonald's and Wendy's
Maritime
REPORT: TRANSPORT CRISIS THREATENS DEVELOPMENT OF SINGLE EC MARKET
Bruce Barnard |
Europe's transport system is facing a serious crisis that threatens to severely hamper the developme
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN RE-INSURANCE CO. (Princeton, N.J.) - Robert T. McLaughlin was named vice president in the C
TWA CUTS WILL PRESSURE US FREIGHT FORWARDERS
John Boyd |
Air freight movers began getting the news that some had feared from Trans World Airlines, as officia
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended Jan. 12, 1991, vs. Similar 1989-90 Period Cars Cars Loaded LoadedChange
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 22, 1991 Prices in the spot chemicals table include spot quotations or list price
DAMMAM CARGO HANDLING SLOWS
Erich E. Toll |
Shipping cargo to the Port of Dammam, Saudi Arabia, became more difficult Tuesday as war fears slowe
OIL WELL FIRES NOT CONSIDERED CATASTROPHIC
Sam Glasser |
Iraq's first apparent sabotage of producing Kuwaiti oil wells is not expected to cause severe or lon
LATE TRADE SELLING, LIQUIDATION SLASH $6 GAIN IN GOLD
Knight-Ridder Financial |
Light trade selling and local liquidation of Commodity Exchange Inc. February gold futures slashed a
COST OF CREDIT
JOC Staff |
Tue., Jan. 22, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMMODITY BRIEFS
From Wire and Staff Reports |
SALOMON, USSR FORM JOINT METALS VENTURESalomon Inc. and Almazjuvelirexport, the Soviet Union
PEMEX PAYS OFF DOMESTIC DEBT
Knight-Ridder Financial |
Increased oil revenue allowed Petroleos Mexicanos to completely pay off its domestic debt in Decembe
JAPAN SEEN KEEPING SANCTIONS ON S. AFRICA UNTIL US CHANGES
From Wire Reports |
Japan will maintain economic sanctions against South Africa as long as the United States does, despi
Maritime
CHINESE TRADE OFFICIAL SAYS IMPORTS WILL RISE DESPITE AUSTERITY PROGRAM
P.T. Bangsberg |
A Chinese trade official said Tuesday the country will put more emphasis on imports over the next se
Maritime
CATTLE GROUP TAKES STAND ON SOME TRADE CONCERNS
Knight-Ridder Financial |
The National Cattlemen's Association adopted resolutions concerning the U.S. government's position i
INSURANCE BRIEFS
Wire and Staff Reports |
LLOYD'S CARGO INSURERS BOOST RATES TO ISRAELLloyd's of London cargo insurers on Tuesday incr
FIVE MORE SHIPPING LINES TO USE INDIA'S PORT OF JAWAHARLAL NEHRU
N. Vasuki Rao |
Five more foreign shipping lines agreed to start weekly container servicesfrom Feb. 14 using
Maritime
GEORGIA GULF POSTS DROP IN NET INCOME
Journal of Commerce Staff |
Georgia Gulf Corp. of Atlanta Tuesday reported fourth quarter net income of $19.1 million, or 56 cen
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
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