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INDIANA HI-RAIL CORP. LOSES ICC BID FOR EXEMPTION ON ABANDONMENT OF LINE
Geoffrey Brown |
The Interstate Commerce Commission said it needed more evidence to approve the abandonment of a 14-m
TRAFFIC BRIEFS
Wire and Staff Reports |
US HIGHWAY OFFICIAL TO SPEAK AT LUNCHEONWASHINGTON - Richard P. Landis, a top federal highwa
PRIVATE CONTAINER TERMINAL HELPS EURO-GULF INTERNATIONAL COMPETE
Gary Taylor |
A geographically defined niche and a privately owned container terminal to handle its ships are cent
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
UK GROUP BACKS END TO HEATHROW CURBSLONDON - Britain's Civil Aviation Authority advised its
MINN. TRADE OFFICE IN TAIWAN TO CLOSE
Journal of Commerce Staff |
Citing the state's budget shortfall, the Minnesota Department of Trade and Economic Development last
Maritime
SHIPPERS PROTEST SHARP RISE IN RATES FOR ASIAN AIR CARGO
John Davies |
The cost of moving air cargo from Hong Kong to Europe shot up as much as 39 percent this week as the
CORRECTION
JOC Staff |
The New Jersey company referred to in "NJ Company Gets Turkish Contract," a story on Page 8B of The
Maritime
AUSTRALIAN WHEAT BOARD CONFIDENT IRAQ WILL PAY $485 MILLION TAB
From Wire Reports |
The Australian Wheat Board said Tuesday it is confident Iraq will pay the $485 million it owes for A
HOECHST, JAPANESE FIRMS IN JOINT PET FILM VENTURE
Journal of Commerce Staff |
Hoechst AG and its U.S. unit, Hoechst Celanese Corp., entered a agreement in principle with Japan's
GLOBAL FATS/OILS USE LIKELY TO EXCEED OUTPUT
Knight-Ridder Financial |
World usage of animal and vegetable oils and fats is likely to exceed production by 1.14 million met
US SOYBEAN PLANTINGS EXPECTED TO DECLINE
Knight-Ridder Financial |
Low prices probably will deter U.S. farmers from planting more soybeans this year on their flexible
ENERGY BRIEFS
Wire and Staff Reports |
$20 TO $22 OIL TERMED NEUTRAL FOR ECONOMYWASHINGTON - A world oil price of $20 to $22 a barr
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 22, 1991 Copper Total, 13,434. Gold Total, .1,645,263.Silver Total, .265,785,118.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
SPOT COMMODITIES
JOC Staff |
Jan. 22, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 22, 1991Brent Crude Oil - (Dollars Per Barrel)
ECONOMIC DATA ABROAD
JOC Staff |
BRAZIL'S TRADE SURPLUS NARROWED IN '90SAO PAULO, Brazil - Brazil's 1990 balance of trade sur
FINANCIAL BRIEFS
Wire and Staff Reports |
GROUP OF 7 PESSIMISTIC ABOUT SOVIET REFORMLONDON - Finance ministers and central bankers of
VENEZUELAN ISLAND HOPES TO KEEP DUTY-FREE ROLE
Larry Luxner |
For the last 15 years, the 270,000 residents of the resort island of Isla Margarita have lived the g
Maritime
TRADE TALKS TO BE GULF WAR CASUALTY?
John Maggs |
Congress is unlikely to extend negotiating authority for the Uruguay Round of global trade talks, ev
Maritime
DECLINE IN BUSINESS TRAVEL PINCHES US, EUROPEAN AIRLINES BA TRAFFIC OFF 20 PERCENT SINCE WAR STARTED
Keith M. Rockwell |
A decline in international air travel by corporate executives since the outbreak of war in the Persi
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
JAPAN EXPECTS ITS IMPORTS OF LPG TO REMAIN ADEQUATE DESPITE WAR
A.E. Cullison |
The Persian Gulf fighting isn't expected to have much effect on Japan's imports of liquefied petrole
ETHIOPIA FINDS OIL SHALE, COAL
Knight-Ridder Financial |
Ethiopia discovered more than 100 million tons of oil shale deposits, the Ethiopian News Agency repo
NEDLLOYD EXPECTS 1990 MINIMUM LOSS OF $73 MILLION
Journal of Commerce Staff |
Royal Nedlloyd NV, the Dutch transport and energy concern, said Tuesday it expects to report a group
Maritime
INTERNATIONAL SHIPHOLDING CORP. REPORTS 20 PERCENT INCREASE IN PROFIT
Journal of Commerce Staff |
International Shipholding Corp., parent of three U.S.-based shipping companies, registered a 20 perc
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Jan. 22, 1991 Prevailing sellers' posted prices at the close of business, representi
MONSANTO REPORTS DECLINE IN 4TH-QUARTER '90 EARNINGS
Pei-Tse Wu |
After four successive years of growth, Monsanto Co. Tuesday reported lower 1990 earnings because of
SINGAPORE TO AUSTRALIA BOX SERVICE TO BEGIN THREE CARRIERS TO SHARE SHIP SPACE
Jacob Daniel |
Nippon Yusen Kaisha of Japan, Lloyd Triestino di Navigazione SpA of Italy and Regional Container Lin
Maritime
LOW PRICES, FARM ACT FLEXIBILITY FACTORS IN SLASHING SPRING WHEAT
Samuel C. Nelson |
U.S. spring wheat acres will be sharply cut this year by planting flexibility provisions of the 1990
PEOPLE - MARITIME
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Staten Island, N.Y.) - Michele Murtha was named vice presidentof personn
Maritime
CORRECTION
JOC Staff |
Trans World Airlines, which hasn't filed for bankruptcy protection, was included in a listof carrier
ENERGY BRIEFS
Wire and Staff Reports |
NY GASOLINE PRICES DECLINED BEFORE WARALBANY, N.Y. - Statewide gasoline prices fell over 2 c
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Jan. 18, 1991* Country Category Description
Maritime
ASIAN FUTURES
JOC Staff |
Jan. 22, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
BALTIC FREIGHT INDEX
JOC Staff |
1452 (Jan. 22, 1991) Previous day - 1448 The Baltic International Freight Futures Market in
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 22, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
JAPAN'S TRADE SURPLUS FELL 13.2 PERCENT IN DECEMBER
A.E. Cullison |
Japan's trade surplus fell 13.2 percent to just under $5.4 billion inDecember, according to
HONG KONG PLANS VIETNAM MISSIONS
P.T. Bangsberg |
The government of Vietnam, economically battered and politically still hard- line, is renewing its e
Maritime
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