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FREIGHT FUTURES
Barry Parker |
In the middle of last week, the speculators who had bet on a rise in ocean freight futures prices du
Maritime
SPOT COMMODITIES
JOC Staff |
Dec. 14, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Dec. 11, 1990CRUDE OIL(1,000 barrels; dollars and cents
SPOT PRODUCT PRICES
JOC Staff |
Dec. 14, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
US AMBASSADOR TO CHINA APOLOGIZES TO PROTESTERS
John Davies |
The U.S. ambassador to China apologized for calling human rights demonstrators in Seattle "a bunch o
Maritime
THE ECONOMY
Wire and Staff Reports |
INDUSTRIAL OUTPUT FELL IN NOVEMBERU.S. industrial production fell a seasonally adjusted 1.7
CONRAIL AND CP RAIL REACH TRACKAGE RIGHTS ACCORD
GEOFFREY BROWN and GREGORY S. JOHNSON |
Consolidated Rail Corp. and CP Rail reached a tentative trackage rights agreement that will give CP
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
BEFORE THE BIG TRUCK battle gets under way, the combatants might fight over where the battleground i
ALASKA AIR TO EXPAND CARGO TERMINALS
John Davies |
Alaska Airlines will spend $1.5 million enlarging its existing terminals at two airports in southeas
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * South Africa's Fruit Exports Gain 4A* Howard Simon - Simon Says 7A
WATERFORD RESTRUCTURES, SPLITS CRYSTAL, CHINA LINES
From Wire Reports |
Waterford Wedgwood PLC, hit by a crippling three-month strike earlier this year and by worries abou
Maritime
COFFEE FUTURES REVERSE TREND
From Wire and Staff Reports |
Coffee prices moved higher Thursday on technical buying in the wake of recent losses and the absence
AVIATION BRIEFS
Wire and Staff Reports |
ILFC LEASES CRAFT TO 10 AIRLINESCENTURY CITY, Calif. - International Lease Finance Corp., a
THE ECONOMY
Wire and Staff Reports |
RETAIL SALES DIP SEEN SIGN OF RECESSIONThursday's report on November retail sales - though n
GRAY MARKET IN AIRLINE TICKETS BOOMS AS AIR FARES INCREASE
Tom Belden |
On company bulletin boards nationwide, notices like this are proliferating: "The Accounting
INDONESIA GETS OVERSEAS LOANS TO BOOST SHIPBUILDING SECTOR
P.T. Bangsberg |
More than US$150 million in loans is being granted from the Japanese and German governments to assis
Maritime
LIFTING OF CRUDE BAN COULD HURT SHIP SECTOR
WILLIAM DiBENEDETTO |
A congressional investigating agency said the maritime industry would be one of the losers if the cu
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 220.95 off 1.11 which compare
BUSH WAIVER DRAWS FAINT FARM CHEERS
Paula L. Green |
U.S. farmers are cautiously optimistic that the Bush administration's decision to finance agricultur
ECONOMIC DATA ABROAD
Wire and Staff Reports |
JAPANESE REDUCE TRADE SURPLUSJapan recorded an unadjusted trade surplus of $2.27 billion dur
TRAFFIC BRIEFS
Wire and Staff Reports |
SOVIET AID ACCUMULATES AT PORTS, RAIL STATIONSMOSCOW - Foreign aid streaming into the Soviet
PHILLIPS TO SPEND $1.5 BILLION ON '91 CAPITAL PROJECTS
Journal of Commerce Staff |
Phillips Petroleum Co. will spend $1.5 billion on capital projects in 1991, compared with the $1.3 b
SHIP CONSTRUCTION OUT, CONVERSIONS IN FOR TODD
John Davies |
During more than three years under Chapter 11 protection, Todd Shipyards Corp. had to face a hard tr
Maritime
COAL PRODUCERS' GROUP EXPECTS 1991 TO BE REPLAY OF 1990 EXPORT LEVELS
Tim Sansbury |
U.S. coal export volume in 1991 is expected to be flat, after increasing from 1989 to 1990, the Nati
TODD AIMS TO PAY OFF DEBT, LEAVE CHAPTER 11 PROTECTION
John Davies |
Todd Shipyards Corp. today will ask a federal bankruptcy court for permission to pay off $250 millio
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
NY UTILITIES TO BUY HYDRO-QUEBEC POWERNEW YORK - A state Supreme Court judge and the state P
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 13, 1990 Prices in the spot chemicals table include spot quotations or list price
6 NC BUSINESSMEN CHARGED WITH INTERSTATE INSURANCE FRAUD
Ted Mellnik |
Six officials of a Charlotte firm have been charged in two alleged multimillion-dollar, interstate s
TUMULT MAY DERAIL PHILA. PORT PROJECT
Allen R. Wastler |
Charges of wastefulness against a bi-state port agency are threatening tothrow plans for an
JAPAN ASKS FOREIGN CHAMBERS TO FUNNEL TRADE PROTESTS
A.E. Cullison |
Foreign chambers of commerce in Japan will be asked to channel business complaints from non-Japanese
MEXICO BACKS NORTH AMERICAN FREE TRADE AREA
Knight-Ridder Financial |
Mexico's chief negotiator in the planned talks on a free trade agreement with the United States said
Maritime
KANSAS CITY UNWRAPS TRADE CENTER, EXPORT PLANS
John Boyd |
Short on details but long on enthusiasm, Kansas City officials told local business leaders they woul
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
INCUMBENT O'CONNOR ELECTED CBT CHAIRMANThe Chicago Board of Trade membership Wednesday elect
ARGENTINE CREDIT INSURANCE RESUMES
Journal of Commerce Staff |
The Export-Import Bank has resumed short-term credit insurance for U.S. exports to Argentina.
NEW GENERATION OF BUSINESS JETS TO FLY FASTER, FARTHER
Bob Cox |
Two aircraft manufacturers have taken the wraps off new business jets they hope will be best-sellers
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
URUGUAY'S ECONOMIC PROGRAM GETS IMF FINANCIAL SUPPORT
Knight-Ridder Financial |
The International Monetary Fund said it has approved a standby arrangement for the government of Uru
EUROPEAN IMPORTERS OPEN DOORS TO FRUIT SHIPMENTS FROM SOUTH AFRICA
Tony Koenderman |
Political changes and a bumper crop of seasonal, exotic fruit have reopened doors in Europe for Sou
Maritime
US COMMODITY GROUPS SAY OFFER WILL FALL SHORT OF SOVIET NEEDS
Knight-Ridder Financial |
U.S. commodity group officials expressed disappointment with the size of an apparent $1 billion U.S
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