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VENEZUELA PLANS TO ELIMINATE IMPORT QUOTAS ON OILSEEDS
From Wire Reports |
Venezuela is expected to announce next month further details of its plan to liberalize its oilseed i
JAPAN'S FINANCE MINISTER BACKS CHINESE REFORMS
From Wire Reports |
Japan's finance minister urged China Wednesday to push ahead with its reforms and policy of opening
TRADE BRIEFS
Wire and Staff Reports |
JORDAN CLOSES BORDER WITH IRAQAMMAN, Jordan - Jordan Wednesday closed its border with Iraq a
Maritime
US REASSERTS CONTROL OVER ISLAND CHAIN
From Wire Reports |
The United States has stepped in to reassert control over a string of islands in the Western Pacific
Maritime
C. ITOH TO SWAP GOODS FOR SOVIET PETROLEUM
From Wire Reports |
One of Japan's top three trading houses, C. Itoh & Co., will send manufactured goods to the Soviet U
Maritime
JAPANESE-CONTROLLED MCA TO SURRENDER PARK CONCESSIONS
From Wire Reports |
Interior Secretary Manuel Lujan, who had warned against Japanese ownership of the tourist concession
Maritime
USDA DATA OVERSHADOW WHEAT CROP CONCERNS
Samuel C. Nelson |
Friday's U.S. Department of Agriculture report is expected to be much more important to the directio
SOVIET OILSEED DEMAND SEEN RISING BUT WHEAT, GRAIN IMPORTS MAY FALL
Knight-Ridder Financial |
Soviet import demand for wheat and coarse grains over the next several years probably will be less t
OIL-CONSUMING NATIONS MAKE CONTINGENCY PLANS FOR GULF WAR
Michael Arndt |
With next week's deadline for Iraq to pull out of Kuwait looming, the United States and the world's
MAKE-WORK JOBS KEEP MILLIONS ON THE PAYROLL IN JAPAN
Lewis M. Simons |
Susumu Hosokawa, a ticket puncher in Tokyo's subway system, soon will be replaced by a machine.
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 9, 1991 Prices in the spot chemicals table include spot quotations or list prices
INDONESIA MAY GET PRIVATE STOCK MART
Knight-Ridder Financial |
A private stock exchange will be established in June in North Sumatra, Indonesia, the Jakarta Post n
MICHELIN IS FIRST FOREIGN TIREMAKER TO SHUT DOWN AN AMERICAN PLANT
Robert Fernandez |
Michelin has become the first foreign tire company to close a plant on U.S. soil. Only a wee
RICE MILLERS DELAY FILING PETITION AGAINST JAPAN
Knight-Ridder Financial |
The U.S. Rice Millers Association will wait on the outcome of efforts to revive stalled trade talks
Maritime
PANEL OF EXPERTS SEES FEW BENEFITS FROM EXPANDED SEAFOOD INSPECTIONS
From Wire and Staff Reports |
Upgrading the nation's seafood inspection system would do little to improve health, according to a r
Maritime
ORANGE, TEXAS, PORT HOPES TO GAIN FROM DIRECTOR'S BUSINESS BACKGROUND
Gary Taylor |
The new port director here may be a rookie in the field of public port management, but commissioners
Maritime
ASIAN TRADERS ABANDON OIL SPOT MARKET
Knight-Ridder Financial |
Oil trading and refining companies in Asia have all but abandoned the spot market ahead of the Jan.
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 9, 1991Bid AskedCopper-G
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 9, 1991*Brent Crude Oil - (Dollars Per Barrel)
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 8, 1991CRUDE OIL(1,000 barrels; dollars and cents
GASOLINE PRICES
JOC Staff |
Jan. 9, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
THE RUSSIANS ARE COMING TO THE GREAT LAKES IN APRIL
Leo Ryan |
Leningrad-based Baltic Shipping Co. will soon launch a liner service between North Europe and U.S. G
NEWS SUMMARY
JOC Staff |
* Trading With Rwanda 4A * Tom Connors - Washington 8A* Peter D. Clark - Sea Law 3B*
CAPITALISM, DRUG TRADE ARRIVE IN CHINESE TOWN
From Wire Reports |
Ruili's sprawling market is a whirlwind of capitalism. Hundreds of dark-skinned Burmese, dra
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
SENATORS URGE REVIEW OF EC PORK BANA coalition of 41 U.S. senators criticized the EC's impor
DEMAND FOR SINGAPORE NAPHTHA SOARS AMID GULF TENSIONS
Knight-Ridder Financial |
Trading in the f.o.b. Singapore naphtha market is getting more active, as traders consider it a safe
TRAFFIC BRIEFS
Wire and Staff Reports |
GUILFORD INVESTIGATES MAINE DERAILMENTGuilford Transportation Industries was seeking the cau
HERCULES ANNOUNCES WORK FORCE CUTBACK
From Wire and Staff Reports |
Hercules Inc. said it would cut 475 jobs, mostly in Delaware, through a combination of voluntary and
STERLING MAY FORM TIE WITH FRENCH FIRM
Knight-Ridder Financial |
Eastman Kodak Co. said that its Sterling Drug Inc. subsidiary and Sanofi, a subsidiary of France's S
INSURANCE BRIEFS
Wire and Staff Reports |
P&I CLUB IN UK JOINS MARITIME FRAUD BUREAUMembers of the North of England Protection and Ind
TIGHTER REINSURANCE REGULATION WEIGHED
Brigitte Maxey |
Regulation of the reinsurance industry became part of the suggested road to recovery for the propert
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
SPOT COMMODITIES
JOC Staff |
Jan. 9, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
Jan. 8, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
AIRLINES SIGN TWO-YEAR PACT TO CARRY DOMESTIC AIRMAIL FEDERAL EXPRESS IS LONE HOLDOUT
Ira Breskin |
The nation's airlines have joined the fold. All 50-odd airmail carriers agreed late last wee
LEADING INDICATOR FALLS IN CANADA
Wire Reports |
Canada's October composite leading economic indicator fell for the ninth month to 141.7, down 0.6 pe
ECONOMIC DATA ABROAD
Wire and Staff Reports |
FACTORY ORDERS FALL IN WESTERN GERMANYFRANKFURT, Germany - A sharp decline in foreign demand
FATE OF NEW UAL ROUTE TO TOKYO IS IN DOUBT
William Armbruster |
United Airlines began a new passenger and cargo service from Washington and Chicago to Tokyo Tuesda
PUBLISHER'S NOTEBOOK
Don C. Becker |
Early last year, the question was posed to a number of Journal of Commerce employees: Should
UNION PACIFIC SHARPENS SPIKES TO HANDLE WESTERN COAL BOOM BIG EXPANSION OF CAPACITY SET
Lawrence H Kaufman |
Union Pacific Railroad Co. will spend $70 million this year in the first phase of a five-year $250 m
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