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CHEMICAL BRIEFS
From Wire and Staff Reports |
WITCO COMPLETES DESOTO ACQUISITIONWitco Corp. announced the completion of its acquisition of
BRAZILIAN OFFICIAL SAYS SHIP LINE ISN'T ESSENTIAL LLOYD BRASILEIRO SEEKS CREDIT LINE
James Bruce |
Companhia de Navegacao Lloyd Brasileiro is not essential to Brazil's maritime trade and could be liq
Maritime
MEXICO TO BUILD FOUR RAIL TERMINALS
Alva Senzek |
Mexico is establishing four new rail terminals that the country calls ''ferroports." The sit
*SPOT COMMODITIES
JOC Staff |
Nov. 15, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
GASOLINE PRICES
JOC Staff |
Nov. 15, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 15, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 37.0
COMPANIES SEEK FORWARDER LICENSES
Journal of Commerce Staff |
Ten companies recently applied to the Federal Maritime Commission for licenses to operate as ocean f
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,645-$1,660 per ton lots & in warehouse min. 99.
COMEX METAL WAREHOUSE
JOC Staff |
Nov. 15, 1990 Copper Total, 8,502. Gold Total, .1,545,563.Silver Total, .258,112,108.
PETROCHEMICAL ACCIDENTS MAY DRIVE UP PREMIUMS
Pei-Tse Wu |
The recent rash of explosions at U.S. petrochemical plants is leading insurance companies to change
E AWARD-WINNING EXPORTERS RICKENBACKER INTERNATIONAL
JOC Staff |
DATE OF AWARD: "E" Award in November 1989.WHY THE AWARD WAS GIVEN:Rickenbacker has m
Maritime
US BANKS EXPECT UPHILL BATTLE TO SELL FACTORING IN HONG KONG
P.T. Bangsberg |
Two American companies unveiled Thursday a package they say could provide Hong Kong exporters with a
DOLLAR TRADE AWAITS SIGNAL OF RATE EASING
Knight-Ridder Financial |
The U.S. dollar eked out small gains against the deutsche mark in quiet trading Thursday. De
JAPANESE RICE FARMERS BRACE FOR IMPORT LIBERALIZATION
From Wire Reports |
In land-scarce Japan, the rice farmers of Hokkaido Island stand out like wealthy ranchers, their ext
INSURER CONUNDRUM: TO GO FEDERAL OR NOT?
Janet Aschkenasy |
Andre Maisonpierre, past president of the Reinsurance Association of America has an original take on
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
FUEL OIL DEALERS BLAST NYMEX OVER SPECULATION
Journal of Commerce Staff |
The New York Oil Heating Association issued a broadside against the New York Mercantile Exchange, ac
ENERGY BRIEFS
Wire and Staff Reports |
PRESIDENT BUSH SIGNS NEW CLEAN AIR ACTPresident Bush Thursday signed the new Clean Air Act,
JAPAN REPORTS 30.4 PERCENT DECLINE IN TRADE SURPLUS FOR OCTOBER
A.E. Cullison |
Japan's trade surplus fell sharply in October due to higher crude oil prices, Finance Ministry offic
Maritime
BRAZILIAN ECONOMIC CRISIS FORCES COCOA EXPORTERS TO RESTRUCTURE
Tom Murphy |
The Brazilian cocoa market appears to be undergoing a forced restructuringbecause of the cou
BASF TO PAY FINE FOR OHIO ACCIDENT
Journal of Commerce Staff |
BASF Corp. of Parsippany, N.J. agreed to pay a $1.06 million fine to settle alleged worker safety ru
GRAIN GLUT, SOVIET DOUBTS DIM US CORN SALES OUTLOOK
Samuel C. Nelson |
A worldwide glut of grain and cloudy prospects surrounding Soviet demand for U.S. corn are dimming h
SLOW CHINESE GRAIN TRADE LINKED TO CURRENCY CONCERNS
Knight-Ridder Financial |
Chinese grain and oilseed trading corporations have been unexpectedly slow to make commitments for
TRAFFIC BRIEFS
Wire and Staff Reports |
CONRAIL TO DEVELOP BUSINESS PARK IN NYPHILADELPHIA - Consolidated Rail Corp. said it plans t
SHIPPERS ARE URGED TO SUPPORT USE OF HIGHWAY TRUST FUNDS
Gregory S. Johnson |
Shippers are being urged to support the use of the Highway Trust Fund to repair America's crumbling
INSURANCE BRIEFS
Wire and Staff Reports |
PRUDENTIAL UNIT PLANS MANAGEMENT LAYOFFThe Prudential Insurance Co. of America, based in New
CORRECTION
JOC Staff |
Philip J. Shapiro, the president and chief executive officer of Liberty Maritime Corp., recently cal
Maritime
FORD MOTOR CO. TO INVEST MILLIONS IN BRAZIL . . . IF
James Bruce |
Ford Motor Co. is giving a nudge to the already shaky wall around Brazil's reserved computer market.
ECONOMIST PREDICTS 5 PERCENT RISE IN US EXPORTS IN 1991
Gordon Platt |
U.S. exports of goods and services will rise about 5 percent in 1991 and account for a major part of
SPOT COMMODITIES
JOC Staff |
Nov. 14, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
COST OF CREDIT
JOC Staff |
Wed., Nov. 14, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 14, 1990 Prices in the spot chemicals table include spot quotations or list price
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Nov. 13, 1990CRUDE OIL(1,000 barrels; dollars and cents
PIA CHIEF CALLS AID TO MEMBERS HIS PRIMARY TASK IN COMING YEAR
Craig Dunlap |
The new president of the National Association of Professional Insurance Agents believes his primary
TYPHOON FORCES CALYPSO, COUSTEAU'S SHIP, AGROUND
From Wire Reports |
Jacques Cousteau's research ship Calypso ran aground Wednesday during the strongest typhoon to hit t
Maritime
CONFERENCE ALTERS TARIFF TO CONFORM TO FMC RULE
Journal of Commerce Special |
The Mediterranean-Pacific Coast Conference said it will charge shippers based on the tariffs in effe
Maritime
NORWEGIAN SCIENTISTS STUDY ARCTIC ROUTE
(Ap) |
Norwegian scientists are exploring the possibility of a year-round route through the frozen ocean no
Maritime
AVIATION TRAFFIC REPORT
Wire and Staff Reports |
METRO AIRLINES INC. said it flew 56.6 million revenue passenger-miles in October, a 15.8 percent inc
MARITIME BRIEFS
From Wire and Staff Reports |
NEW ZIM ISRAEL SHIP CALLS US EAST COASTNEW YORK - The second of seven new large containershi
Maritime
BECHTEL GROUP TO DESIGN $5 BILLION SEOUL AIRPORT
Mark Magnier |
Bechtel Group Inc. won a major contract to design a $5 billion airport in Seoul, South Korea. When c
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