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SPOT COMMODITIES
JOC Staff |
Jan. 7, 1991 Included are list prices of suppliers. Quotations do not necessarily represent
TEXTILE INDUSTRY BOOSTS OUTPUT FOR GULF ORDERS
Knight-Ridder Financial |
While much of the U.S. economy has been hurt by cost increases caused by the Persian Gulf crisis, pa
Maritime
BRAZIL RESUMES PAYMENTS ON COMMERCIAL DEBT
From Wire Reports |
Brazil, the Third World's biggest debtor, said Friday it had resumed paying interest on its medium-
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/5 1/4 Change % Change:
DAILY PETROLEUM PRICES
JOC Staff |
Monday Jan. 7, 1991 Prevailing sellers' posted prices at the close of business, representing
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 7, 1991 Copper Total, 18,846. Gold Total, .1,627,549.Silver Total, .263,908,704.
BALTIC FREIGHT INDEX
JOC Staff |
1435 (Jan. 7, 1991) Previous day - 1436 The Baltic International Freight Futures Market in L
Maritime
FED OFFICIAL SAYS US GNP SHOULD GROW 0.5 PERCENT IN 1991
Knight-Ridder Financial |
The U.S. economy should grow a sluggish 0.5 percent on average in real gross national product in 199
JURISDICTIONAL DISPUTES BREWING IN CONGRESS
Aviva Freudmann |
A late-December request from Sen. Donald Riegle, D-Mich., for a Treasury Department study on the ins
COSCO CHIEF ROSE THROUGH SUBSIDIARY
Journal of Commerce Staff |
Liu Song-jin climbed the ranks of China Ocean Shipping Co. through its Cosco Guangzhou unit, one of
Maritime
AUSTRALIAN COAL COMPANIES ARE REPAIRING STORM DAMAGE
Knight-Ridder Financial |
Utah Coal Ltd. Monday continued to restore its mining operations after severe storm damage in eight
CHEVRON TO BOOST SPENDING IN '91
Journal of Commerce Staff |
Chevron Corp. will boost capital and exploratory spending by an estimated $800 million this year, ab
PEOPLE - TRANSPORT
From Wire and Staff Reports |
HELLMAN INTERNATIONAL FORWARDERS (New York) - Paul Law was named Far East sales executive, a new pos
SINGAPORE BOX VOLUME HITS 5 MILLION TEUS
Jacob Daniel |
Container volume through the Port of Singapore exceeded the equivalent of 5 million 20-foot units, o
Maritime
IMPROVED PROFITABILITY OF AIR FREIGHT SWELLS BOEING'S JET FREIGHTER OUTPUT
John Davies |
Production of new jet freighters at Boeing Co. more than quadrupled during 1990, thanks partly to im
NEW CABLE TO LINK PUERTO RICO, US, EUROPE
Larry Luxner |
Telefonica Larga Distancia, a branch of government-owned Puerto Rico Telephone Co., has formed a joi
Maritime
LATIN AMERICA WARY OF US ECONOMIC ILLS
From Wire Reports |
Since the U.S. economy is ill, nearly everyone in Latin America believes the region's economies are
COST OF CREDIT
JOC Staff |
Mon., Jan. 7, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
COLD SNAP HITS CITRUS GROWERS HARD
Allen R. Wastler |
California growers and insurers both find themselves faced with losses approaching $200 million beca
HIGH COURT: DOW, SHELL CAN BE SUED IN PESTICIDE CASE
From Wire and Staff Reports |
The Supreme Court Monday let stand a ruling that American companies can be sued in a Texas court for
UNIGLORY LINKS TAIWAN, VIETNAM
Journal of Commerce Staff |
A unit of the Evergreen Group launched regular container service between Taiwan and Vietnam.
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
BASE METAL PRICES SEEN FALLING 18 PERCENT IN 1991Base metal prices are expected to fall 18 p
RAIL STILL CHUGS ALONG AFTER 100 YEARS
Knight-Ridder Newspapers |
The hulking black locomotive looked like a penned-up bull - powerful, menacing and anxious to burst
HOUSTON'S IKR HELPS SHIP FIRE TRUCKS TO TAIWAN
Gary Taylor |
With last fall's shipment of three fire trucks to Taiwan, a local exporter believes he's helped an A
FINANCIAL BRIEFS
Wire and Staff Reports |
EC WILL EXPAND USE OF ECU TO OTHER AREASBRUSSELS, Belgium - The European Community will expa
EC SCRUTINIZES MAJOR REFORMS IN FARM SUBSIDY TRADE TALKS MAY GET BOOST
Bruce Barnard |
The European Commission will discuss Wednesday a radical revamp of the European Community's controve
JAPANESE OFFICIAL'S TRIP TO CHINA MAY BOOST INVESTMENT
From Wire Reports |
A visit by Japan's finance minister to China is likely to boost Japanese investment, which is increa
DOLLAR IS CREATING AN INSULTING FORM OF SEGREGATION IN THE SOVIET SOCIETY
Thom Shanker |
The Soviet Union has become a place where people are judged by the pedigree of their money.
NEWS SUMMARY
JOC Staff |
* Rosalind Rachid - Trade Talk 5A * Import Quota Watch 5A* Commodity Research Bureau: Silver
TURBULENCE MAY EASE FOR AIRLINES THIS YEAR
(Reuter) |
The nation's airlines stand to lose more than $1 billion in 1990's fourth quarter - their worst perf
INTERNATIONAL BUNKER PRICES
JOC Staff |
Journal of Commerce Special LONDON - The following is the list of bunker prices obtained dur
FREIGHT RATE FUTURES
JOC Staff |
Jan. 7, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
ALASKAN OIL OUTPUT RISING
Journal of Commerce Staff |
Oil production in Alaska is approaching 2 million barrels a day, up from 1.7 million daily average 1
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TEXAS LEGISLATORS TO WRESTLE WITH THE INSURANCE TAR-BABY
Laura Raley Borda |
When the clock strikes noon today, Texas lawmakers will convene for what likely will be a turbulent
GOLD PRICES RISE ON THREAT OF WAR
Howard Simon |
Gold prices moved higher Monday on concerns that the United States and Iraq have moved closer to war
HAMILTON INTERNATIONAL AIRPORT SEES FREIGHT IN ITS FUTURE
Ira Breskin |
Backers of the Hamilton International Airport believe the facility will emerge as a regional cargo h
AVIATION BRIEFS
Wire and Staff Reports |
AIRLINE PERFORMANCE INCREASES, REPORT SAYSWASHINGTON - The nation's largest airlines posted
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 7, 1991 Prices in the spot chemicals table include spot quotations or list prices
PERSIAN GULF WAR TENSIONS PUSH US DOLLAR 2 PERCENT HIGHER
Knight-Ridder Financial |
The U.S. dollar gave up some ground late Monday after rallying more than 2 percent on heightened con
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