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PRECIOUS METAL PRICES SLIP IN LACKLUSTER TRADE SILVER PLUNGES TO CONTRACT LOWS
Knight-Ridder Financial |
Precious metals drifted Wednesday afternoon following a morning sell-off that featured heavy specula
PEOPLE - CHEMICALS
From Wire and Staff Reports |
OLIN CORP. (Stamford, Conn.) - Leon B. Anziano and Patrick J. Davey were appointed division presiden
SUPPLIES OF DISTILLATE FUEL OIL FALL, AMERICAN PETROLEUM INSTITUTE SAYS
Journal of Commerce Staff |
Primary inventories of distillate fuel oil, used as home heating and diesel fuel, declined by 7.8 mi
OIL SWAP DETAILS SHED LIGHT ON GROWING INDUSTRY TREND
Michael J. Strauss |
Details of energy swaps often are cloaked in confidentiality, but an arrangement revealed recently b
CORRECTION
JOC Staff |
Matson Navigation Co. President Brad Mulholland's first name was misstated in a photo caption in Pub
BALTIC FREIGHT INDEX
JOC Staff |
1460 (Jan. 23, 1991) Previous day - 1452 The Baltic International Freight Futures Market in
Maritime
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
CORRECTION
JOC Staff |
An incorrect version of the Inside column was inadvertently placed on Page 1A of The Journal of Comm
INDIAN AIR, SHIP CREWS REFUSE DUTY IN THE GULF
N. Vasuki Rao |
The government is facing a mutiny of sorts, with crews of Shipping Corp. of India and pilots of Air
JAPANESE TRADING COMPANY, LEASING FIRM TO LAUNCH FUND
Knight-Ridder Financial |
Tomen Corp. and Central Leasing Co. have decided to join forces to launch a commodities investment f
TRUCKERS FIND SOLACE IN TRUCK-STOP CHAPEL
KATHLEEN McCLAIN |
With 12 orange chairs, a rough-hewn lectern and a Mr. Coffee pot, the 8- by 18-foot chapel at Charlo
COURT REFUSES DOCK ACT CASES
Journal of Commerce Staff |
The Supreme Court Tuesday said it would not take up two cases involving separate disputes arising fr
Maritime
KLOSTER CRUISE LTD. CUTS BACK STAFF, ROYAL VIKING FLEET
Alan Abrams |
A sluggish economy and travelers' fears of terrorist attacks have led to layoffs at a major cruise s
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
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 23, 1991Bid AskedCopper-
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended1-18 1-11
TRADE BRIEFS
Wire and Staff Reports |
CHINA: US QUOTA MOVE ON TEXTILES UNFAIRChina fanned the flames of a growing Sino-U.S. trade
Maritime
CHINESE YARDS URGED TO IMPROVE EFFICIENCY
P.T. Bangsberg |
China's shipyards are being exhorted to speed up work and improve efficiency to meet international s
Maritime
NEW ENGLAND COMPANIES BAND TOGETHER IN PAPERLESS TRADING SUPPORT GROUP
Tony Seideman |
New England has become the latest region to start its own paperless trading support group. M
US, JAPAN AGREE TO PROBE SLOW AMERICAN PAPER SALES
A.E. Cullison |
U.S. and Japanese government negotiators agreed Wednesday to investigate the reasons behind slow sal
Maritime
AMOCO VENTURE TO BUILD PTA PLANT IN INDONESIA
Journal of Commerce Staff |
An affiliate of Amoco Chemical Co. was granted an investment license by the Indonesian government t
SHUTTLE MAY SPOT IRAQI MISSILES
From Wire Reports |
The next U.S. space shuttle flight will carry telescopes, cameras and other equipment capable of see
EC DECIDES TO HOLD UP SHIPMENT OF $1 BILLION IN FOOD AID TO SOVIETS
Mark D. Berniker |
The European Community this week postponed shipment of close to $1 billion worth of food aid previou
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 257.13 up 0.35 which compares w
COST OF CREDIT
JOC Staff |
Wed., Jan. 23, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRADE BRIEFS
JOC Staff |
COMMERCE SAYS CHINA IS DUMPING CHEMICALChina is selling sodium thiosulfate, a dechlorination
Maritime
AGGRESSIVE USE OF FOOD EXPORT PROGRAMS URGED
Knight-Ridder Financial |
Senate Minority Leader Robert Dole, acknowledging that talks to liberalize world trade are "going no
AVIATION BRIEFS
Wire and Staff Reports |
NORTHWEST TO PURCHASE EASTERN SLOTS IN DCST. PAUL, Minn. - Northwest Airlines will purchase
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
ASIAN FUTURES
JOC Staff |
Jan. 23, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 23, 1991Brent Crude Oil - (Dollars Per Barrel)
US DOLLAR DRIFTS LOWER IN THIN MARKET
Knight-Ridder Financial |
The U.S. dollar drifted lower Wednesday on Federal Reserve Chairman Alan Greenspan's indications of
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FRENCH TRADE DEFICIT DOUBLED IN DECEMBERPARIS - France posted a provisional, seasonally adju
CHINA'S LARGEST COMMERCIAL BANKPLACES ORDER FOR NCR CASH MACHINES
P.T. Bangsberg |
NCR Corp. said Wednesday it won a US$2.7 million order from Industrial & Commercial Bank of China, a
Maritime
SOVIET UNION EMBARKS ON GRAIN-BUYING SPREE
From Wire Reports |
Armed with billions of dollars in foreign credits, Moscow has embarked on a worldwide grain-buying s
TRAFFIC BRIEFS
Wire and Staff Reports |
NS EARNINGS SAGGED IN 4TH QUARTERCHICAGO - Norfolk Southern Corp. said Wednesday fourth-quar
COLD SNAP HELPS, WAR HURTS NORTHEAST FUEL OIL MARKETERS
Arthur Gottschalk |
Colder winter weather in the Northeast this month is helping heating oil marketers recover from poor
MUNICH RE DETAILS STEPS TO REDUCE STORM LOSSES
Miriam Widman |
Muenchener Rueckversicherung AG, the world's largest reinsurer, spent an extra 1.1 billion deutsche
SKINNER RELAXES US POLICY ON FOREIGN INTEREST IN AIRLINES MOVE PAVES WAY FOR KLM INVESTMENT
WILLIAM DiBENEDETTO |
Transportation Secretary Samuel K. Skinner is reversing a previous department policy that restricted
AGENTS TRY TO HEAD OFF FEDERAL REGULATION
Aviva Freudmann |
Independent insurance agents are trying to head off congressional and Bush administration proposals
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