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INSURANCE BRIEFS
Wire and Staff Reports |
NAII STILL OPPOSES MCCARRAN ACT REFORMSThe National Association of Independent Insurers and
ASIAN FUTURES
JOC Staff |
Jan. 8, 1991 JAPANFinancial Futures*Japanese Gov't BondsPer 10-year, 6% bond
COURT UPHOLDS FERC RULING ON PRICING OF NATURAL GAS
Tim Sansbury |
The Supreme Court Tuesday overturned a lower court's ruling that the Federal Energy Regulatory Commi
GENE ENGINEERING SYSTEM SUBJECT OF PATENT LAWSUIT
(Reuter) |
A revolutionary technology to pinpoint specific genes that scientists hope to use in the fight again
*NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 7, 1990CRUDE OIL(1,000 barrels; dollars and cents
ENERGY BRIEFS
Wire and Staff Reports |
NY BILL WOULD IMPOSE TAX ON OIL PROFITSALBANY, N.Y. - Any oil company which shows a quarterl
AVIATION BRIEFS
Wire and Staff Reports |
3 MORE AIR CARRIERS HALT GULF SERVICESINGAPORE - Three more airlines announced a halt in ser
TRADE BRIEFS
Wire and Staff Reports |
PHILIPPINES IMPOSES 9 PERCENT DUTY ON ALL IMPORTSMANILA, Philippines - Philippine President
Maritime
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA International Air Conditioning, Heating and Refrigerating Exposition. Jan. 21-
Maritime
HILLS SAYS EC FARM PROPOSAL DOESN'T GO QUITE FAR ENOUGH
John Maggs |
A new European farm trade proposal seems consistent with the favored U.S. approach to cutting domest
CUBAN COURT FINES, JAILS 41 PEOPLE FOR BOX THEFTS
From Wire Reports |
A Cuban court has sentenced 41 people, including port officials and customs officers, to fines and j
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
EARLY '90 LENDING CUT TO E. EUROPE, 3RD WORLD
From Wire Reports |
Banks in major industrialized countries sharply cut their lending to economically troubled Eastern E
ARGENTINA HIKES DEBT PAYMENTS TO IMPROVE BANK RELATIONS
From Wire Reports |
Argentina, in a bid to improve relations with bank lenders before starting new debt talks this year,
INSURERS LABEL ARCTIC STORM SECOND-WORST DISASTER OF '90
John Davies |
An Arctic storm that swept through the West and Midwest the week before Christmas caused more than $
GORDON PLATT'S FINANCING TRADE
Gordon Platt's |
U.S. EXPORTERS MAY LEGALLY claim refunds for Customs duties paid by other companies, such as supplie
TANKER SAILINGS FIXED FOR GULF AFTER JAN. 15 SHIPBROKERS SEE CONTINUED SERVICE
Janet Porter |
British Petroleum Co. PLC chartered a tanker Tuesday that is scheduled to load oil at the Saudi Port
FEDERAL REGULATION: LARGE INSURERS LOOK FOR A SILVER LINING
Aviva Freudmann |
Big insurance companies see a possible silver lining in federal initiatives to regulate insurance: a
STATE SERVICES FOR INSURANCE ARE IMPROVING
Brigitte Maxey |
A study of the nation's state insurance departments found that consumer services departments are imp
LYKES MAKES CHANGES IN SENIOR EXECUTIVE POSTS
Journal of Commerce Special |
Lykes Bros. Steamship Co. announced a series of job shifts among high-level executives. Four
Maritime
UTILITY OUTLOOK
JOC Staff |
This Week: New England: Bangor Hydro-Electric Co., Bangor MaineMid-Atlantic: Duquesne Light
CHEMICAL BRIEFS
From Wire and Staff Reports |
EGYPT SELLS NAPHTHA FOR 1991 LOADINGEgyptian General Petroleum Corp. sold a total of 700,000
DU PONT MERCK DRUG GETS FDA GO-AHEAD
Journal of Commerce Staff |
Du Pont Merck Pharmaceutical Co. said Tuesday that the Food and Drug Administration cleared I.V. Per
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 8, 1991Brent Crude Oil - (Dollars Per Barrel)-
SPOT COMMODITIES
JOC Staff |
Jan. 8, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 8, 1991 Copper Total, 18,292. Gold Total, .1,627,549.Silver Total, .263,908,704.
LONDON FOX BALLOT SEEN AS VOTE OF CONFIDENCE IN FUTURES COMMITTEES
Jackie Cowhig |
The vote by London Futures and Options Exchange shareholders against proposals to replace open-outcr
PAN AM FILES UNDER CHAPTER 11, THEN GETS APPROVAL ON SALE OF ROUTE
Gregory S. Johnson |
Pan American World Airways will continue to fly its full schedule despite the Chapter 11 bankruptcy
MEXICAN AIDE SEES DECISION SOON ON CANADA JOINING FREE TRADE TALKS
Knight-Ridder Financial |
A decision whether to include Canada in proposed U.S.-Mexico free trade talksfrom the very s
Maritime
OECD OFFICIAL CALLS GATT TALKS CRUCIAL FOR THIRD WORLD
William Armbruster |
Development efforts in the Third World depend heavily on the outcome of trade liberalization talks,
Maritime
COST OF CREDIT
JOC Staff |
Tue., Jan. 8, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SOVIETS REPORT GULF BOARDING
From Wire Reports |
A Soviet official said a cargo ship boarded and detained in the Red Sea by the multinational naval f
Maritime
CANADIANS MAY NEED TO SUBSIDIZE WHEAT PRICE
Dwayne Klassen |
Canada may be forced to subsidize domestic wheat prices to millers this year in order to be competi
WEST'S PRESSURE TIED TO SOVIET CRACKDOWN
Michael S. Lelyveld |
Soviet experts fear that President Mikhail S. Gorbachev's decision to move paratroopers into the cou
A.M. BEST REPORT RULES OUT FRAUD AS KEY FACTOR IN MOST INSOLVENCIES
Janet Aschkenasy |
Fraud was not an essential component in the majority of industry failures which occurred between 196
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
PHILIPPINES TOUGHENS BASES ISSUE
From Wire Reports |
The Philippines, seizing on Washington's need for its military bases here as possible war with Iraq
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
TAIWAN COMPANY BUYS OPTION ON CRUDE OILTOKYO - State-owned Chinese Petroleum Corp. of Taiwan
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 8, 1991 Prices in the spot chemicals table include spot quotations or list prices
RECENT SOVIET BUYING MAY DRAIN GSM FUNDS
Knight-Ridder Financial |
Widely rumored Soviet purchases of U.S. corn and soybean meal Monday and Tuesday suggest that the U.
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