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BRAZIL'S SHRINKING CRUZEIRO HITS IMPORTS, AIDS EXPORTS
James Bruce |
The same shrinking value of the cruzeiro against the dollar, which is trampling some imports in Braz
CMA BUYS SHIPS FOR JOINT SERVICE
Journal of Commerce Staff |
The French container shipping line Compagnie Maritime d'Affretement has bought two containerships fr
Maritime
PAO'S HONG KONG UNITS POST COMEBACK PROFITS
P.T. Bangsberg |
Two principal vehicles of entrepreneur Sir Yue-kong Pao posted healthy interim profit increases Frid
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Dec. 11, 1990 Copper Total, 9,483. Gold Total, .1,355,630.Silver Total, .258,481,030.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,640-$1,700 per ton lots & in warehouse min. 99.
GASOLINE PRICES
JOC Staff |
Dec. 11, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
DOLLAR EDGES HIGHER ON NEWS GROUP OF 7 MAY MEET SOON
Knight-Ridder Financial |
News that finance ministers of the Group of 7 industrialized countries may meet early next year push
PANAMA'S BUSINESSES STUNNED BUT RECOVERING
Charles W. Thurston |
Pawn-shop operator Mario Medaglia had two of his shops sacked during the rioting that took place her
Maritime
SKYROCKETING FUEL COSTS, ECONOMY CONTINUE TO THREATEN MAJOR AIRLINES
Tom Belden |
Airline travelers and those who pay their bills have watched with alarm this fall as the Persian Gul
USAIR EMPLOYEES AWAIT OUTCOME OF VOTE ON TEAMSTERS REPRESENTATION
Ed Martin |
More than 7,000 USAir workers will learn today whether the Teamsters Union has won itsfight to repr
NEW AUTO RATES APPROVED IN CALIF.
Jerry Goldberg |
In a move that could raise bad-driver premiums by up to 40 percent, California Insurance Commissione
GERMANS READY TO DAMP DOWN NUCLEAR PLANT
From Wire Reports |
The last of eastern Germany's trouble-ridden nuclear power plants will close this weekend on complet
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Dec. 10, 1990CRUDE OIL(1,000 barrels; dollars and cents
APC DROPS PHASE TWO OF PLANNED CUTBACKS
Mark Magnier |
In his first interview since joining American President Companies Ltd. in August, John Lillie said h
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Financing Trade 3A * EC 1992 Regulatory Roundup 5A* A.E. Cullison - Asia Vi
WHOLESALE INVENTORIES UP 0.2 PERCENT
Knight-Ridder Financial |
Inventories of U.S. wholesale merchants rose 0.2 percent in October to a seasonally adjusted $193.76
HIGH COURT DECLINES SHIP LIABILITY CASE
Journal of Commerce Staff |
The U.S. Supreme Court declined to hear a case that might have cleared up questions about the liabil
Maritime
STEPHENS NAMED TO TAMPA PORT BOARD
Journal of Commerce Staff |
Wade H. Stephens III, a public affairs consultant, was appointed to the Tampa Port Authority Board o
Maritime
MOBIL UNIT SIGNS SINGAPORE OIL STORAGE DEAL COMPANY BULLISH ON ASIAN MARKETS
Jacob Daniel |
Mobil Sales & Supply Corp., the Singapore subsidiary of Mobil Corp., signed a five-year contract wit
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 222.26 up 1.67 which compares wi
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Dec. 11, 1990 Prevailing sellers' posted prices at the close of business, representi
SALES SLUMP HITS CHINA'S TEA INDUSTRY AS ECONOMIES SLUMP, HABITS CHANGE
From Wire Reports |
Economic troubles in the Soviet Union and Eastern Europe, combined with shifts in drinking habits ar
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
AVIATION BRIEFS
Wire and Staff Reports |
SURVEY: LINES OPTIMISTIC ON CARGO REVENUE GAINSTUSTIN, Calif.- Cargo executives at major air
TOUGH LAWS HELD EFFECTIVE WAY TO KEEP DRUNK DRIVERS OFF ROAD
From Wire Reports |
Laws that allow police to immediately confiscate the license of motorists suspected of driving under
BALTIMORE, PHILA. WORK TO REPAIR DAMAGE
WILLIAM DiBENEDETTO |
In the wake of damaging strikes last week at the ports of Philadelphia and Baltimore, labor and mana
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 11, 1990Brent Crude Oil - (Dollars Per Barrel)
SPOT PRODUCT PRICES
JOC Staff |
Dec. 11, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
EXECUTIVES SEE RECESSION
From Wire Reports |
The National Association of Purchasing Management Tuesday forecast that the U.S. economy will slip i
GORDON PLATT'S FINANCING TRADE
Gordon Platt |
MANY U.S. GROWTH COMPANIES are being "locked out of foreign markets because of a lack of financing t
CROWLEY DEDICATES FLA. TERMINAL
Craig Dunlap |
An estimated 650 guests turned out Monday night as Crowley Maritime Corp. dedicated thefirst operati
Maritime
GOLD EXTENDS LOSSES IN MART INFLUENCED BY RUMOR, OIL DIPS BUNDESBANK DENIES SALE OF YELLOW METAL
From Wire and Staff Reports |
Gold prices extended losses with crude oil Tuesday afternoon, amid a lack of fresh news from the Per
SUGAR FUTURES FIRM AMID TRADE BUYING
Knight-Ridder Financial |
Sugar futures firmed as trade buying triggered commission-house stops, traders said. March s
UK TO GET 1ST CHUNNEL FREIGHT UNIT FOR RAILS
Janet Porter |
Britain's first rail freight terminal handling cargo for the Channel tunnel will be located at Wakef
COST OF CREDIT
JOC Staff |
Tue., Dec. 11, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago12/11 12/10 Change % Change
BALTIC FREIGHT INDEX
JOC Staff |
1456 (Dec. 11, 1990) Previous day - 1450 The Baltic International Freight Futures Market in
Maritime
PEOPLE - TRADE
From Wire and Staff Reports |
MORSE DIESEL INTERNATIONAL (New York) - Paul A. Karas was named senior vice president and director
Maritime
PUERTO RICO DEFENDS TRACK RECORD ON USE OF LOW-COST DEVELOPMENT FUNDS
Larry Luxner |
Puerto Rico's five-year-old program to disburse funds throughout the Caribbean for business and deve
Maritime
OMAN LOOKS TO REVIV AL OF OLD SILK ROUTE
(Reuter) |
Babylonians traded with them, ancient Sumerians bought their ships, Persians vied with them for terr
Maritime
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