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AVIATION BRIEFS
Wire and Staff Reports |
PERU SEEKS BUYERS FOR STATE AIRLINELIMA, Peru - Peru, seeking private capital for money-losi
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 228.56 off 2.29 which compares w
LAWMAKERS HIT CBT PLAN TO EXPAND SOME CONTRACTS
(Ap) |
Two House Agriculture subcommittee chairmen are opposing a Chicago Board of Trade plan to double the
AUSTRALIAN WOOL GROWERS WANT PRICE SUPPORTS LIFTED
Knight-Ridder Financial |
A body representing some Australian wool growers says that unless the government ends the support pr
CRUDE OIL PRICES HEADED FOR $22, ECONOMIST SAYS ECONOMIC SHOCK NOT EXPECTED
John Maggs |
With or without a Middle East war, oil prices soon will drop to between $20 and $22 a barrel and hav
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 23, 1990 Prices in the spot chemicals table include spot quotations or list price
FINANCIAL BRIEFS
Wire and Staff Reports |
BANK GROUP SUSPENDS LAWSUIT AGAINST PERUBankAmerica Corp., Citicorp and eight other American
US DOLLAR FALLS ON TECHNICALS EXCEPT AGAINST THE JAPANESE YEN
Knight-Ridder Financial |
The U.S. dollar declined Tuesday except against the yen in a meandering, largely technical market.
PEOPLE - INSURANCE
Wire and Staff Reports |
CIGNA CORP. (Philadelphia) - Thomas H. Dooley , an executive vice president of the company, will ret
JAPAN'S INVESTORS COOL ON BUYING PROPERTIES IN US
A.E. Cullison |
Japanese investors today are much more cautious and selective in buying up properties in the United
SOVIET UNION SEEKING TO CHARTER LARGE SHIPS
Knight-Ridder Financial |
The Soviet Union is seeking vessels of between 55,000 and 80,000 deadweight metric tons for a six- t
Maritime
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These*trade*leads are supplied through the*World*Trade*Center*NETWOR K's FAX PORT, a ser
Maritime
ADDITIONAL BUYING COULD INDICATE SOVIET CROP IS POOR, LICHT SAYS
Knight-Ridder Financial |
The Soviet Union is planning further sugar purchases from the world market to add to the 100,000 me
LINES ANNOUNCE PLANS FOR NEW JOINT SERVICE
Janet Porter |
Hapag-Lloyd AG, Mitsui O.S.K. Lines Ltd. and Nippon Yusen Kaisha plan to deploy 18 vessels in their
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,970-$1,980 per ton lots & in warehouse min. 99.
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
BALTIC FREIGHT INDEX
JOC Staff |
1336 (Oct. 23, 1990) Previous day - 1330 The Baltic International Freight Futures Market in
Maritime
FORMER E. GERMAN LINE SLASHES STAFF, SHIPS
Miriam Widman |
Deutsche Seereederei Rostock GmbH is eliminating thousands of jobs and dozens of ships from its flee
INSURERS PUSH HIKES IN SHIPPING PREMIUMS
Journal of Commerce Special |
Three major protection and indemnity mutual marine insurers, including the giant United Kingdom Stea
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Financing Trade 3A * EC 1992 Regulatory Roundup 5A* Richard Lawrence - Trad
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF OCT. 22
Journal of Commerce Staff |
The European Commission on Monday proposed a special $8 billion financing facility be established by
Maritime
PRODUCER RULE: INDUSTRY HITS LIABILITY CLAUSE
Brigitte Maxey |
"Unconstitutional," "abhorrent," "flawed" and "ineffective" were some of the words used by insurance
OIL COMPANY PROFITS LAG PRICES, ANALYSTS SAY
Maria Halkias |
Oil prices just about doubled from July through September. The word from analysts: Don't exp
DEREGULATION SET FOR A SLOW START IN AUSTRALIA BY VINCENT W. STOVE JOURNAL OF COMMERCE SPECIAL
JOC Staff |
Nov. 1 is D-day for Australian domestic aviation, as that day will mark the end of 38 years of a tig
COMEX METAL WAREHOUSE
JOC Staff |
Oct. 23, 1990 Copper Total, 5,016. Gold Total, .1,548,984.Silver Total, .262,927,895.
MISSOURI RIVER DROUGHT PLAN TRIGGERS CHORUS OF BOOS CRITICS SAY CURBS STRANGLING TRAFFIC
John Boyd |
A tentative U.S. Army Corps of Engineers plan to keep extraordinary drought curbs on Missouri River
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 22, 1990 Prices in the spot chemicals table include spot quotations or list price
MARK MAGNIER'S TRADETALK FROM THE WEST COAST
Mark Magnier |
HOW TO GET AROUND Japanese trade barriers. At a recent dinner to honor California Gov. Georg
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Monday Oct. 22, 1990 Prevailing sellers' posted prices at the close of business, representin
PETROBRAS CHIEF RESIGNS OVER PRICING IN BRAZIL
Knight-Ridder Financial |
Luis Octavio Motta Veiga, president of Brazil's state-owned oil company Petrobras SA, resigned Frida
INDONESIA TO BOOST LNG OUTPUT BY 50 PERCENT OVER THE NEXT 20 YEARS
P.T. Bangsberg |
Production of liquefied natural gas, already a major export for Indonesia, will be increased by 50 p
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended Oct. 13, 1990, vs. Similar 1989 Period Cars Cars Loaded LoadedChange Rai
CORRECTION
JOC Staff |
In the story headlined "Mexican Trade Pact Touted on US Tour," which appeared Oct. 22 on page 3A in
ECONOMIC DATA ABROAD
Wire and Staff Reports |
UK PAYMENTS DEFICIT NARROWED IN SEPTEMBERThe United Kingdom's seasonally adjusted current ac
SOUTH FLORIDA COMPANIES RUSHING INTO GERMANY LARGE MARKET SEEN IN EAST
Dory Owens |
When John Bauer, a Fort Lauderdale, Fla., food distributor, thinks of the former East Germany, it's
Maritime
CARBIDE REPORTS DROP IN EARNINGS
Journal of Commerce Staff |
Union Carbide Corp. said its third quarter earnings dropped 35 percent, with higher sales partially
AVIATION BRIEFS
Wire and Staff Reports |
MOODY'S DOWNGRADES DELTA'S SECURED DEBTNEW YORK - Moody's Investors Service Inc. said Monday
TRADE BRIEFS
Wire and Staff Reports |
POLAND HOPES TO BE MAJOR FOOD EXPORTERBUDAPEST, Hungary - Poland is hoping to become a major
Maritime
SINGAPORE FIRMS EYE SHANGHAI INVESTMENT
Jacob Daniel |
Two local companies are planning investment of some US$25 million in transportation and chemical pro
Maritime
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