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OIL FUTURES GAIN ON FEAR OF WAR, DECLINING STOCKS
From Wire and Staff Reports |
Oil futures prices gained sharply Wednesday on re-emerging fears of war in the Persian Gulf and on t
FHA PROPOSAL WILL HIKE COST OF MORTGAGE COVER
Orlando Sentinel |
Home buyers' costs will increase sharply and thousands of prospective owners will be eliminated from
NEWS SUMMARY
JOC Staff |
* Trading With Suriname 4A * Brazil Farmers Favor Coordination With U.S. 4A* Soviet-Taiwan L
FOREIGNERS WARY OF TAIWAN BOURSE
Knight-Ridder Financial |
Foreign investors have long urged the Taiwanese government to allow them direct access to the island
COMMODITY BRIEFS
From Wire and Staff Reports |
BRAZILIAN AGENCY CUTS COFFEE CROP ESTIMATERIO DE JANEIRO, Brazil - Brazil's 1990-91 (May-Apr
GRAYS HARBOR DRAFTS BUDGET
Journal of Commerce Staff |
The Port of Grays Harbor plans to spend $6.4 million on operations and $5 million on capital improve
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 24, 1990Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 24, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 37.8
INSURANCE EARNINGS
Wire and Staff Reports |
HARTFORD STEAM POSTS HIGHER NET INCOMEHARTFORD, Conn. - Third quarter net income of Hartford
NEW JERSEY AUTO INSURERS WARNED TO COOPERATE WITH JUA PROPOSAL
(Ap) |
State Insurance Commissioner Samuel Fortunato warned insurance companies Tuesday that failing to vol
REGULATIONS ON THE RISE
Lorraine Iannello |
Solvency regulation could best be handled by the National Association of Insurance Commissioners or
REINSURERS ARE URGED TO ADDRESS ISSUE OF TOXIC WASTE CLEANUP
Lorraine Iannello |
The biggest single issue facing the reinsurance industry is one that "only seems to be discussed in
US LAUNDRY COMPANY PLANS TO CLEAN UP IN HUNGARY JOINT VENTURE SEES OPPORTUNITY
Duncan Robinson |
If all goes as planned, a tidy lot of Budapest citizens will begin doing their laundry American-sty
Maritime
THE ECONOMY DURABLE GOODS ORDERS FELL 1.7 PERCENT IN SEPTEMBER
Wire and Staff Reports |
Orders received by factories for long-lasting goods fell sharply by 1.7 percent in September becaus
US DUTY UPHELD ON CANADA PORK
Knight-Ridder Financial |
The Canadian pork industry has until Nov. 7 to appeal a Tuesday finding by the U.S. International Tr
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
LAWMAKERS STILL AT LOGGERHEADS OVER NATIONWIDE NOISE POLICY
Leo Abruzzese |
House and Senate aviation leaders remained at odds Wednesday over landmark legislation that would se
BRAZIL LIKES US PLAN TO LINK FARM POLICIES
James Bruce |
U.S. Agricultural Secretary Clayton Yeutter's mission to Brazil this week should be a resounding suc
Maritime
5-CENT FUEL TAX SEEN FROM BUDGET ACCORD
Leo Abruzzese |
Budget negotiators racing to meet a midnight Wednesday deadline were close to a deficit reduction pl
QUARTEL OFFERS SUGGESTIONS TO IMPROVE SHIP LAW
Journal of Commerce Staff |
Rob Quartel's suggestions for reforming U.S. maritime law are considered radical coming from a membe
Maritime
MALAYSIAN PARTY CHIEF QUITS AFTER ELECTION LOSS
From Wire Reports |
Lim Kit Siang, leader of Malaysia's largest opposition group, the Democratic Action Party, or DAP, s
Maritime
NORFOLK SOUTHERN OPTIMISTIC DESPITE SLOW GROWTH OUTLOOK
Ira Breskin |
Officials at Norfolk Southern Corp. are cautiously optimistic about business. "There may not
SANTOS PORT EMPLOYEES REJECT 2ND COURT ORDER TO RESUME WORK STRIKERS CLAIM NEEDS NOT MET
James Bruce |
Once more defying a federal court order, striking Santos port employees voted Tuesday and Wednesday
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,970-$1,980 per ton lots & in warehouse min. 99.
NS WRECK KILLS 1, KNOCKS OUT BRIDGE
John Boyd |
A Norfolk Southern train wreck south of Columbia, S.C., Tuesday combined numerous riskfactors to dea
SOUTH KOREAN AUTO EXPORT DRIVE RUNS INTO POTHOLES
Robin Bulman |
Excess capacity, heavy dependence on foreign technology and flat U.S. demand could stall South Korea
US PROPOSES 43 PERCENT CUT IN ITS TARIFF SCHEDULE
John Zarocostas |
The United States Wednesday made a proposal that would reduce by 43 percent the average U.S. tariff
Maritime
AMBULANCES CATCH RETURN RIDE WITH ICELANDIC FISH EXPORT SHIPS
John Boyd |
Before Iceland takes delivery of a new ambulance, frozen fish is packed into the freighter "M.V. Hof
Maritime
AMERICAN EXPANDS ITS OPERATIONS IN PUERTO RICO SHIPPERS STAND TO BENEFIT
Ira Breskin |
American Airlines planned $100 million investment to expand operations at Luis Munoz Marin Internati
ARCH BUYS COAL RESERVESFROM MILLERS COVE ENERGY
Knight-Ridder Newspapers |
Arch Mineral Corp., one of Kentucky's fastest-growing coal operators, is buying more coal reserves i
BALTIC FREIGHT INDEX
JOC Staff |
1328 (Oct. 24, 1990) Previous day - 1336 The Baltic International Freight Futures Market in
Maritime
COST OF CREDIT
JOC Staff |
Wed., Oct. 24, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COMEX METAL WAREHOUSE
JOC Staff |
Oct. 24, 1990 Copper Total, 5,927. Gold Total, .1,562,106.Silver Total, .263,875,857.
US SHIPYARDS CALLED COMPETITIVE AGAIN
Janet Porter |
Shipping experts predict that U.S. shipyards could soon be competing internationally as the cost of
US CLEARS NEW EASING OF EXPORTSTO SOVIETS
Michael S. Lelyveld |
The U.S. National Security Council approved a plan to ease export curbs to the Soviet Union and East
ECONOMIC DATA ABROAD
Wire and Staff Reports |
BRAZIL'S TRADE SURPLUS NARROWED IN SEPTEMBERSAO PAULO, Brazil - Brazil's September trade sur
CORRECTION
JOC Staff |
The story headlined, "Producer Rule: Industry Hits Liability Clause," which appeared on Page 9A in
EC PROBE OF DHL DEAL CONTINUES
Bruce Barnard |
The European Commission's antitrust division is continuing its investigation of a $500 million agree
PAN AM TO SELL PRIME US-LONDON ROUTES TO UNITED
From Wire Reports |
Pan American World Airways, the pioneer of trans-Atlantic air travel that is now struggling to remai
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