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NEWS SUMMARY
JOC Staff |
* Gordon Platt - Currency Forecast 3A * Import Quota Watch 5A* JofC Industrial Price Index 6
BUSINESS BAROMETER SHOWS SLIGHT GAIN IN CHICAGO AREA
From Wire Reports |
The Chicagoland business barometer, a measure of economic activity in the Chicago area, gained sligh
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1208 (Aug. 31, 1990) Previous day - 1210 The Baltic International Freight Futures Market in
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 31, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 33.5
TRADE BRIEFS
Wire and Staff Reports |
TURKEY IS ADAMANT ON IRAQI SANCTIONSANKARA, Turkey - Turkey will stick to the U.N. trade ban
Maritime
CRAIG DUNLAP'S INSIDE TALK FROM THE SOUTHEAST
Craig Dunlap |
NO SELF-RESPECTING PUBLIC RELATIONS GUY enjoys having to confess: "I don't know." But sometimes he h
Maritime
DALLAS/FORT WORTH WARY OF ALLIANCE
Tom Belden |
The future of Alliance Airport has officials at Dallas/Fort Worth Airport concerned. Allianc
ARAB SHIP LINE REVEALS HOW IT AVOIDED US FREEZE KERR OFFICIALS PRESSED TREASURY
David F. White |
The American unit of United Arab Shipping Co. was almost blocked from doing business by the U.S. Tre
Maritime
DROP IN INDUSTRIAL PRICE INDEX REFLECTS BREAK IN CRUDE OIL PRICES
Howard Simon |
The Journal of Commerce Industrial Price Index moved down last week on lower oil prices. Aft
EXCHANGE RATE HURTS AUSTRALIANS
Knight-Ridder Financial |
Australia's beef industry could lose as much as A$200 million in 1990-91 (July-June) if the Australi
INDUSTRY HOPES TO SCARE UP MORE OIL WITH 3-D TECHNOLOGY
Arthur Gottschalk |
In the 1950s, moviegoers wearing special eyeglasses would sit in dark theaters and scream in terror
AIG LOOKS INTO COMPENSATION FOR MEMBERS OF CLAPTON TEAM
Brigitte Maxey |
Field adjusters and branch office investigators with an American International Group Inc. subsidiary
ALLIANCE OUTLINES CHANGES FOR WORKERS COMP SYSTEM
Journal of Commerce Special |
Times change, and the 75-year-old workers compensation system may need to do the same. Some alternat
PEOPLE - INSURANCE
Wire and Staff Reports |
CONTINENTAL INSURANCE (New York) - William N. Burkett was named vice president and regional manager
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
TRADE BRIEFS
Wire and Staff Reports |
BUSINESSLAND VENTURE GETS CANADA MAIL PACTSAN JOSE, Calif. - Businessland Inc. said a joint-
Maritime
COAL BRIEFS
Wire and Staff Reports |
EC OFFICIAL URGES END TO COAL PROTECTIONBRUSSELS, Belgium - European Commission vice preside
ASIAN FUTURES
JOC Staff |
Aug. 31, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
OPEC CRUDE PRODUCTION FELL IN AUGUST, IEA SAYS
Knight-Ridder Financial |
The International Energy Agency estimated crude oil production by members of the Organization of Pet
PHILLIPS TAKES A LOOK AT THE ALTERNATIVES
JOC Staff |
Phillips Petroleum Co. is weighing the potential to help market compressed natural gas as a motor fu
TEXAS OIL WELLS TO PRODUCE MORE
Knight-Ridder Financial |
The Texas Railroad Commission ruled that oil wells are permitted to produce beyond their current res
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 31, 1990Dubai Crude Oil(Dollars Per B
PEOPLE - TRANSPORT
Wire and Staff Reports |
CONSOLIDATED RAIL CORP. (Philadelphia) - Robert E. Baker Jr. was named executive director,state and
NORTON LILLY NAMED HOLLAND CANADA AGENT
Journal of Commerce Staff |
Norton Lilly International Inc. was appointed U.S. agent for Holland Canada Line's weekly containers
Maritime
MAJOR US PRODUCERS HIKE POLYETHYLENE PRICES 5 CENTS
John Maggs |
Prices for all grades of polyethylene have risen 5 cents a pound in the last two weeks, pushed up by
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 30, 1990 Copper Total, 8,925. Gold Total, .1,518,405.Silver Total, .256,119,577.
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch As of Aug. 30, 1990* Country Category Description
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/31 8/30 Change % Change
CORRECTION
JOC Staff |
The story "Sealift Command Sets Charter Rates" in The Journal of Commerce of Aug. 30, Page 8B, shoul
Maritime
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
JAPANESE SHOW THEIR PATIENCE BY INVESTING IN US HIGH-TECH
Steve Kaufman |
Lewis Frauenfelder should be a happy man. His Longmont, Colo., high-technology company has 130 emplo
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 31, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
NEW ORLEANS PORT, SOVIET OFFICIALS TO DISCUSS BUSINESS EXPANSION
Mark D. Berniker |
Top officials from the Port of New Orleans will meet this week with leading Soviet shipping official
Maritime
CUSTOMS BROKERS ENTERS FEE ACCORD
Journal of Commerce Staff |
The National Customs Brokers & Forwarders Association of America and Ocean Forwarders Credit Agency
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
INDIA PLANS TO EXPORT WHEAT, BASMATI RICENEW DELHI, India - India will export 1 million metr
VAN OMMEREN POSTS JUMP IN EARNINGS
Journal of Commerce Staff |
Van Ommeren Ceteco posted sharply higher earnings for the first half of 1990 compared with the same
Maritime
LUI COMPANIES SEEK COMPROMISE CREDITORS TOTAL OVER 100,000
Julius S. Bannister |
At a meeting last week between the directors of four London UnitedInvestments PLC subsidiar
FREIGHT FUTURES
Barry Parker |
OCEAN FREIGHT FUTURES PRICES moved downward last week, reflecting a combination of low trading volum
Maritime
CROWLEY MARITIME SUSPENDS AMTRANS EUROPEAN SERVICE SEALIFT COMMAND CHARTERS ITS SHIPS
Allen R. Wastler |
Is Crowley Maritime Corp. going to stay out of the European trades completely? News that Cro
Maritime
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