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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
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 $
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