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IMPORTERS MAY COLLECT ADDED INTEREST ON DUTIES
Paula L. Green |
U.S. importers of products from tomatoes to textiles could collect millions ofdollars in in
Maritime
HONG KONG ELECTRONIC FIRMS ON LOOKOUT FOR NEW MARKETS
P.T. Bangsberg |
The local electronic sector, second only to textiles and clothing as an export earner, appears to be
Maritime
NEWS SUMMARY
JOC Staff |
* Trading With St. Kitts 4A * Tom Connors - Washington 8A* Harvey Flitter Retires From Rate
TALK OF RECESSION CALLED KEY FACTOR IN DOLLAR DECLINE
Knight-Ridder Financial |
The U.S. dollar remained broadly lower Wednesday on growing official talk of U.S. recession.
SMALL CONTAINERSHIP PRESSED INTO AZORES MILITARY SERVICE
Bruce Vail |
The continuing pressures of the Persian Gulf crisis on the resources of the U.S. merchant marine hav
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
ALL NIPPON APPLIES FOR TOKYO-NY ROUTETOKYO - Japan's All Nippon Airways said it submitted an
LA RESIDENTS FIGHT EXPANSION OF SOUTHERN PACIFIC FACILITY
Dorothy Korber |
Los Angeles residents are fighting the planned expansion of Southern Pacific Line's Intermodal Conta
COSTA RICA REOPENS PROBE OF 1984 PASTORA ASSASSINATION TRY
Juan O. Tamayo |
One of Central America's most perplexing mysteries is returning to the public light after six years
COMEX METAL WAREHOUSE
JOC Staff |
Jan. 2, 1991 Copper Total, 20,242. Gold Total, .1,636,038.Silver Total, .265,339,267.
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Jan. 2, 1991Bid AskedCopper-G
COST OF CREDIT
JOC Staff |
Wed., Jan. 2, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
WHIRLPOOL SHIPS CONTAINERS UP MISSISSIPPI BY BARGE
Kevin Commins |
Whirlpool Corp., breaking with normal shipper practice, is sending containers by barge up the Missis
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Jan. 2, 1991*Brent Crude Oil - (Dollars Per Barrel)
BALTIC FREIGHT INDEX
JOC Staff |
1447 (Jan. 2, 1991) Previous day - 1446 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 2, 1991 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CHINESE STEEL OUTPUT EXCEEDS 1990 TARGET
P.T. Bangsberg |
Steel production in China last year came to 66 million metric tons, 8 percent more than the 1989 fi
Maritime
UTILITY-CUSTOMER COMMUNICATION COULD SLASH ENERGY COSTS IN '90S
Jon Van |
The 1990s may be the decade when electric utilities start pricing energy the way airlines sell ticke
STUDY FINDS 27 SHIP GROUPS CONTROL 80 PERCENT OF ITALIAN FLEET
Journal of Commerce Special |
About 80 percent of Italy's mercantile fleet is controlled by 27 shipping groups, according to a new
Maritime
NEW MASS. ADMINISTRATION MAY DETERMINE 'BIG DIG' FATE
Journal of Commerce Special |
John DeVillars, Massachusetts environmental affairs secretary, was expected to approve an environmen
FDA SEEKS MORE INFORMATION ON VISTA-RWE-DEA MERGER
Pei-Tse Wu |
The Federal Trade Commission is requesting additional information on German oil and chemical company
OIL PRICES DROP BELOW $27 ON MIDEAST SPECULATION
From Wire Reports |
Crude oil prices declined sharply Wednesday to below $27 a barrel on speculation that Washington and
CHEMICAL BRIEFS
From Wire and Staff Reports |
HANLIN CHLOROMETHANES UNIT TO REMAIN OPENHanlin Group Inc.'s Hanlin Chemicals-West Virginia
SPAIN'S '92 WORLD FAIR CLOSER TO REALITY
(Reuter) |
Seville's World Fair, "Expo '92" - marking the 500th anniversary of Christopher Columbus's voyage to
INSURANCE BRIEFS
Wire and Staff Reports |
STEPHEN BERGER NAMED CHAIRMAN OF FGICNEW YORK - Stephen Berger was named chairman of Financi
PEOPLE - INSURANCE
Wire and Staff Reports |
CONTINENTAL CORP. (New York) - Wayne H. Fisher was promoted to executive vice president and Kenneth
JAPAN FEARS LAND BUBBLE SET TO POP
Lewis M. Simons |
Barely a year ago, the only disaster that could possibly befall Japan's mind- boggling land market,
CORRECTION
JOC Staff |
George P. Turner is assistant vice president, petrochemical minerals marketing, for Consolidated Rai
PORTS, OIL TRANSPORTERS WORK ON SPILL PREVENTION
Gary Taylor |
Ports and the petroleum transport industry have taken an old adage to heart in their efforts to cope
Maritime
GOLD FUTURES UNDER PRESSURE AS CRUDE OIL PRICES SLIDE
Knight-Ridder Financial |
Gold futures plummeted Wednesday afternoon near session lows under pressurefrom sliding crud
TERADYNE TO BUILD JAPAN PLANT FOR SEMICONDUCTOR EQUIPMENT
William Armbruster |
In a move reflecting Japan's growing pre-eminence in the world semiconductor industry, Teradyne Inc.
Maritime
JAPANESE ARE COOLING TO INVESTMENTS IN US
Barbara Demick |
For much of the last decade, Americans have been grumbling about the increasing Japanese presence in
CONGRESS TO WEIGH OLD MARITIME ISSUES
WILLIAM DiBENEDETTO |
The start of a new year and a new congressional session will bring a fresh look at old maritime poli
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/2 12/31 Change % Change:
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COTTON SET-ASIDE PUT AT 5 PERCENT
Knight-Ridder Financial |
The U.S. Department of Agriculture announced that cotton farmers must set aside 5 percent of their a
USDA SETS ACREAGE REDUCTION FOR WHEAT AT 15 PERCENT, GRAINS AT 7.5 PERCENT
Knight-Ridder Financial |
The U.S. Department of Agriculture last week officially announced that U.S. farmers would have to id
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 2, 1991 Prevailing sellers' posted prices at the close of business, represent
GASOLINE PRICES
JOC Staff |
Jan. 2, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
ASIAN FUTURES
JOC Staff |
Jan. 2, 1991 JAPANFinancial Futures*Japanese Gov't BondsPer 10-year, 6% bond
TRADE BRIEFS
Wire and Staff Reports |
JAPAN TO EASE TERMS IN DISPUTE WITH USSRJapan will soften its conditions for normalizing tie
Maritime
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