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ASIAN FUTURES
JOC Staff |
Oct. 18, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago10/18 10/17 Change % Change
US IMPORTS FROM IRAQ, KUWAIT RISE
Charles Thurston |
U.S. companies increased their imports from Iraq and Kuwait in August, legally ducking under Presid
US BUNKER FUEL SHORTAGE EXPECTED TO CLEAR UP
David F. White |
Shortages of bunker fuel for ships on the East and West coasts, occurring over the past month, are e
Maritime
APL CONTINUES SHAKE-UP AT TOP
Mark Magnier |
American President Lines Ltd. announced several management changes Wednesday as part of its ongoing
OOCL PARENT HALTS STOCK TRADING
Journal of Commerce Staff |
Trading in the shares of Orient Overseas (Holdings) Ltd., parent of Hong Kong's largest containershi
Maritime
CONRAIL CHIEF DOWNPLAYS PENDING CP RAIL-D&H DEAL
Tom Belden |
James A. Hagen, chairman of Consolidated Rail Corp., Wednesday dismissed the pending purchase of the
CALIF.'S ECONOMIC GROWTH SAID TO HINGE ON PROJECT 18-MILE CORRIDOR HOLDS THE KEY
Bill Mongelluzzo |
Southern California has reached a crossroads where it can gain, or lose, $46 billion in economic gro
EXPORT PRICE SIGNALS ARE PESSIMISTIC FOR '91
Tim Sansbury |
U.S. coal exporters returning from marketing calls in Europe are bracing for a rough round of bargai
MANAGEMENT CHANGE UPSETS ILA'S BOWERS DOCK UNION CHIEF SLAMS TIMING
Alan Abrams |
John Bowers thinks this was no time to switch horses. The president of the International Lon
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 18, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 37.8
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Oct. 18, 1990 Prevailing sellers' posted prices at the close of business, represent
SPOT PRODUCT PRICES
JOC Staff |
Oct. 18, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
RUSSIAN REPUBLIC FORGES AHEAD WITH REFORM PLAN AS SOVIETS STALL
Mark D. Berniker |
The Soviet Union's largest republic is shifting into gear to move ahead on economic reform, even tho
Maritime
MERCURY IN LATEX PAINT BANNED, POSES HEALTH THREAT TO CHILDREN
From Wire Reports |
Latex paints manufactured before Aug. 20 may pose a health threat to some children because they cont
EARNINGS DOW EARNINGS FELL IN THIRD QUARTER
Knight-Ridder Financial |
Dow Chemical Co. said Thursday that third-quarter earnings fell despite strong sales because of soar
E AWARD-WINNING EXPORTERS COMMERCE BANK OF KANSAS CITY NA
JOC Staff |
DATE OF AWARD: "E Star" Award May 23, 1990. "E" Award in 1986.WHY THE AWARD WAS GIVEN:
SWEDEN HIKES DISCOUNT RATE
Knight-Ridder Financial |
Sveriges Riksbank, Sweden's central bank, raised its discount rate Thursday by 3 percentage points t
AVIATION BRIEFS
Wire and Staff Reports |
IRAQ REOPENS AIRPORT IN KUWAIT TO CIVILIANSBAGHDAD, Iraq - Iraq reopened Kuwait City's airpo
HOLT CARGO SYSTEMS DROPS COMPLAINT AGAINST PHILA. PORT
Allen R. Wastler |
Holt Cargo Systems Inc. has temporarily dropped its $1 million complaint against the Port of Philade
Maritime
COST OF CREDIT
JOC Staff |
Thu., Oct. 18, 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
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,970-$1,980 per ton lots & in warehouse min. 99.
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 18, 1990 Prices in the spot chemicals table include spot quotations or list price
FREE TRADE ZONES PLANNED AT FAR EASTERN PORTS
Journal of Commerce Special |
The Soviet minister of merchant marine is currently touring Pacific ports and meeting with shipping
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
MUTUAL LIFE INSURANCE CO. OF NEW YORK (New York) - F. Ann Iseley was promoted to vice president, fin
FMC INVESTIGATES JAPANESE HARBOR FEE
WILLIAM DiBENEDETTO |
A Japanese fee on U.S. and other carriers serving ports in Japan is prompting an investigation by th
Maritime
CONOCO CHIEF FORECASTS OIL PRICE OF $30 TO $40
Knight-Ridder Financial |
Crude oil prices are likely to range from $30 to $40 by yearend, depending on the evolving Persian G
JAPAN'S TAIYO TO OPEN GASOLINE STATION IN NJ
Journal of Commerce Staff |
The U.S. subsidiary of Japan's Taiyo Oil Co. will open its first gasoline station on Nov. 1, a compa
CUSTOMS UPDATE
JOC Staff |
COMMERCIAL OPERATIONS MISCELLANY (NEW YORK). The following new procedures have been implemented in r
Maritime
SENATE BILL WOULD KILL FOOTWEAR DUTY BREAK
Michael S. Lelyveld |
As Congress struggled with its worst budget crisis in recent history, Senate Majority Leader George
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US TO REQUEST BOOST IN LOANS TO E. EUROPEPresident Bush said Thursday the United States woul
Maritime
SHIPOWNERS FIND SHIP ARRESTS IN ASIA AN EXPENSIVE PROPOSITION
Mark Magnier |
The thought is enough to send chills down the spine of any red-blooded ocean- carrier executive.
Maritime
PHILIPP BROTHERS' WITHDRAWAL EXPECTED BY MONTH'S END
From Wire and Staff Reports |
Philipp Brothers, the commodities trading subsidiary of Salomon Inc., is likely to complete the wind
SUGAR GROWERS LIKE FARM BILL BUT ARE WARY OF 1 PERCENT TAX ITEM
Knight-Ridder Financial |
U.S. sugar growers welcome the 1990 farm bill because of its continued guarantee on price levels, a
SHARP RISE IN ENERGY COSTS WILL HIT FARMERS HARD
(Ap) |
New projections by the Agriculture Department show that rising energy costsfrom the Mideast
ECONOMIC DATA ABROAD
Wire and Staff Reports |
AUGUST TRADE SURPLUS SHRANK IN CANADACanada's merchandise trade surplus in August declined t
UNITED ASKS DOT TO IMPOSE CURBS ON CHINA AIRLINES DISPUTE CONCERNS TAIWAN AIRPORT
Leo Abruzzese |
United Airlines Inc. asked U.S. transporta- tion officials to impose planned sanctions against China
EASTERN SAYS NEW FARES A SUCCESS
From Wire Reports |
Eastern Airlines told its unsecured creditors that new fares have been a success with business trave
CONFERENCE SET IN NEW ORLEANS
From Wire Reports |
Over 1,000 insurance industry professionals will be attending the American Society of Chartered Life
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