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API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended8-31 8-24
NEW RAILROAD LINE STARTS UP IN MONT., ND
Geoffrey Brown |
Dakota, Missouri Valley and Western Railroad Inc. began operations Sept. 1 on three grain-gathering
ARCO IS CREDITED WITH LEAD ROLE IN RESOLVING OFTEN-HEATED BATTLES
Mark Magnier |
The comprehensive oil spill response bill passed by California last week is the result of often heat
Maritime
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
MIDEAST CRISIS COULD PROVE BOON TO GATX CORP.
Kevin Commins |
Gatx Corp., the world's largest bulk liquid storage company, could be a major beneficiary of the tur
SPOT PRODUCT PRICES
JOC Staff |
Sept. 6, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon,
US SEEN UNLIKELY TO OFFER SOVIETS FOOD AID CREDITS
Knight-Ridder Financial |
While Soviet President Mikhail Gorbachev is expected to raise the issue of food aid during his meeti
EC TO DISCUSS AID FOR SOME GULF STATES
Bruce Barnard |
European Community foreign ministers gather in Rome today to discuss an aid program that would ease
Maritime
TRADE BRIEFS
Wire and Staff Reports |
POLAROID FORMS CHINESE VENTURECAMBRIDGE, Mass. - Polaroid Corp. announced Thursday that it f
Maritime
O'CONNOR ADDRESSES CBT ISSUES
From Wire Reports (Reuter) |
After only a month as chairman of the Chicago Board of Trade, William O'Connor is not sure whether h
COMMODITY BRIEFS
From Wire and Staff Reports |
TYPHOON ABE DAMAGES FARM LAND IN CHINATyphoon Abe has damaged 443,000 hectares of farm land
MOBIL TO BUILD PLANT IN SINGAPORE
Knight-Ridder Financial |
Mobil Oil Singapore Pte. Ltd. plans to build a new S$1 billion (US$572 million) aromatic petrochemic
230 INSURERS SAID TO NEED STATE ATTENTION REGULATORS' FINANCIAL TEST JUST ONE SOLVENCY MEASURE
Kenneth Silverstein |
Insurance commissioners evaluate property/casualty insurers, in part, based on 11 financial tests, c
REAL ESTATE COMPANY BUYS ALABAMA & FLORIDA RAILROAD
Geoffrey Brown |
A Knoxville, Tenn., real estate company bought the Alabama & Florida Railroad Co., pending approval
INSURANCE BRIEFS
Wire and Staff Reports |
REGULATORS TO CAP JUNK BOND HOLDINGSA committee of state insurance regulators will meet at t
DOT FINES IDAHO TRUCKING FIRM FOR VIOLATING DRUG-TESTING RULES
Leo Abruzzese |
Federal transportation officials fined an Idaho trucking company $15,000 for allowing a driver to op
230 INSURERS SAID TO NEED STATE ATTENTION
Kenneth Silverstein |
Over 200 property/casualty insurance companies need further regulatory attention from state insuranc
MARITIME BRIEFS
From Wire and Staff Reports |
US CHARTERS FREIGHTER OWNED BY JAPAN LINEThe U.S. government chartered a Japanese-owned frei
Maritime
COST OF CREDIT
JOC Staff |
Thu., Sept. 6, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FINANCIAL BRIEFS
Wire and Staff Reports |
GREENSPAN SEES NEED FOR MAJOR BUDGET CUTSA major budget agreement is needed "to bring about
11-MONTH HIGH HIT BY YEN AGAINST DOLLAR
Knight-Ridder Financial |
The Japanese yen zoomed to an 11-month high against the U.S. dollar Thursday on foreign exchange mar
ECONOMIC DATA ABROAD
Wire and Staff Reports |
INDUSTRIAL ECONOMIES SHOW SLUGGISH GROWTHThe world's industrial economies are characterized
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
WISHNICK TO RETIRE AS WITCO CHIEF
Journal of Commerce Staff |
William Wishnick, chairman and chief executive officer of Witco Corp. will retire by the end of the
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Sept. 6, 1990Bid AskedCopper-
SPOT COMMODITIES
JOC Staff |
Sept. 6, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
P/C INSURERS FACE BIG PAY-OUTS
Lorraine Iannello |
As if their six-month results weren't bad enough, property/casualty insurers are now facing large pa
GULF CRISIS COULD SPARK BIG AIRCRAFT INSURANCE CLAIMS
Christopher D. Hunt |
The uncertain fate of 15 aircraft reportedly missing from Kuwait Airport following Iraq's invasion o
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
NEWS SUMMARY
JOC Staff |
* Customs Update 4A * Howard Simon - Simon Says 9A* Greg Johnson - Managing Traffic 2B
TRAFFIC BRIEFS
Wire and Staff Reports |
TRANSAX DATA LAUNCHES SHIPPING TARIFF SYSTEMBRIDGEWATER, N.J. - Transax Data announced Thurs
EVERGREEN CONSOLIDATES METALS UNITS
Chris Brown |
Evergreen Group is merging two of its metalworking subsidiaries to focus research on production of h
CORRECTION
JOC Staff |
The story headlined "Marad Decision Favoring Lykes Expected to Meet Opposition," which appeared on P
PICKENS LAUNCHES NEW ATTACK ON JAPAN
William Armbruster |
T. Boone Pickens, Texas oilman, kicked off a national campaign Thursday against what he called Japa
ANERA MODERATES FUEL CHARGE HIKE
Journal of Commerce Staff |
Following the lead of other major shipping conferences, a group of eight ocean carriers moving cargo
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 6, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 33.0
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Sept. 6, 1990Dubai Crude Oil(Dollars Per B
CRISIS IN THE PERSIAN GULF STALLS JAPAN'S PLANT EXPORTS TO MIDEAST
A.E. Cullison |
Iraq's invasion and occupation of Kuwait has brought Japanese plant shipments to the Mideast almost
Maritime
EXPORT BOOM FAILS TO HEAL MACHINE TOOL INDUSTRY'S ILLS DEFICIT EXPECTED FOR EIGHTH YEAR
Kevin Commins |
The international trade position of the U.S. machine tool industry is a story of good news and bad n
Maritime
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
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