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STORM DAMAGE TOTAL IN ILL. COULD CLIMB TO $80 MILLION
From Wire Reports |
While official figures on insured damages caused by Tuesday's killer tornado were still being compil
HIGHER EC CORN PRICES MAY AID US EXPORTERS
Patrick Kelly |
Surging European Community corn prices, triggered by expectations the EC crop may be reduced by drou
OSHA ANNOUNCEMENT DRAWS UNION SKEPTICISM
Pei-Tse Wu |
The Oil, Chemical and Atomic Workers International Union Thursday heaped scorn on the Occupational S
LONG-DELAYED INDIAN PIPELINE BACK ON TRACK
N. Vasuki Rao |
It reads like comic-opera, but a two-year saga of ministerial wrangling and turf preservation has co
MARITIME CALENDAR
JOC Staff |
KINGS POINT CLUB OF WASHINGTON. Sept. 6. Washington, D.C. Monthly luncheon. Guest speaker: Warren Le
Maritime
COAST GUARDSMEN AID NAVY IN GULF
From Wire Reports |
U.S. Coast Guardsmen trained for Caribbean drug interdiction have been added to Navy "boarding teams
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 30, 1990 Copper Total, 8,925. Gold Total, .1,518,405.Silver Total, .256,119,577.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago8/30 8/29 Change % Change
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 30, 1990Bid AskedCopper-
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 29, 1990CRUDE OIL(1,000 barrels; dollars and cents
FORD PRESIDENT PESSIMISTIC ON AUTO INDUSTRY'S PROSPECTS
From Wire Reports |
Only about half the major automakers will survive the next 10 to 15 years, Ford Motor Co. President
US DOLLAR ROSE, POUND PLUNGED BEFORE HOLIDAY
Knight-Ridder Financial |
The U.S. dollar rose Thursday afternoon as traders squared up short positions before the long Labor
MEXICAN INTELLECTUAL PROPOSES POLITICAL ASSOCIATION WITH THE US
Andres Oppenheimer |
Octavio Paz, Mexico's premier intellectual, is once again creating a storm in Latin American literar
CUSTOMS UPDATE
JOC Staff |
CUSTOMS TRADE FAIR. Customs will host an all-day trade fair on Sept. 25 in Washington, D.C., to bene
Maritime
2 SHIP GROUPS MOVE PACIFIC NORTHWEST HUB LINES TO USE SEATTLE FACILITY
John Davies |
Two shipping groups that haul containers from Australia and New Zealand to the West Coast will move
Maritime
APPROVAL SOUGHT FOR FUEL SURCHARGES
Leo Abruzzese |
Truck rate associations are asking the Interstate Commerce Commission toallow collective fue
TRAFFIC BRIEFS
Wire and Staff Reports |
TEAMSTER GROUP LISTS WELL-PAID OFFICIALSMore than 150 top Teamsters officials earned in exce
INSURANCE BRIEFS
Wire and Staff Reports |
PIA WILL PARTICIPATE IN GATT NEGOTIATIONSThe National Association of Professional Insurance
IRAQ EMBARGO SQUEEZES US FOOD EXPORTERS
Paula L. Green |
U.S. exporters of agricultural goods ranging from grains to wood products are feeling the squeeze o
CUSTOMS WARNS OF PORT DELAYS IF BUDGET SLICED
Mark Magnier |
The U.S. Customs Service sent out notices to its 16,500 employees, warning them of major cutbacks in
STOCK PRICE CLOUDS AIG'S MERGER PLAN
Lorraine Iannello |
American International Group Inc.'s falling stock price is clouding the company's proposed merger wi
ECONOMIC DATA ABROAD
Wire and Staff Reports |
ORDERS FOR MACHINERY UP 4 PERCENT IN W. GERMANYFRANKFURT, West Germany - Orders for West Ger
US LIMITATION OF LIABILITY ACT IS CAUGHT IN A LEGAL TIDE RIP
Peter D. Clark |
The United States Shipowners' Limitation of Liability Act (46 U.S.C. Sec. 181 et. seq.) isone of the
Maritime
TRADING WITH ZAIRE ZAIRE OFFERS OPPORTUNITY, UNCERTAINTY
Duncan Robinson |
Zaire's market of 36 million consumers and its wealth of natural resources offer good potential for
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1210 (Aug. 29, 1990) Previous day - 1215 The Baltic International Freight Futures Market in
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 29, 1990Brent Crude Oil(Dollars Per Barrel)
JAPAN POISED TO RAISE DISCOUNT RATE
Michael Duvally |
Here we go again. It is discount rate hike season in Japan again, and the markets and
JAPAN TO SEND AIRCRAFT, SHIPS TO FORCES IN GULF
A.E. Cullison |
Prime Minister Toshiki Kaifu promised Wednesday night to supply commercial cargo aircraft and mercha
PRE-HOLIDAY TRADE SLOWS DOLLAR MART
Knight-Ridder Financial |
The U.S. dollar was mixed Wednesday afternoon in slow pre-Labor Day holiday trading. The abs
JAPAN PLAYSCATCH-UP IN ELECTRIC CAR QUEST CLEAN VEHICLE IS ELUSIVE GOAL
(Reuter) |
Japan, sensing growing environmental pressures, is accelerating efforts to develop practical models
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
RUBBER BROKERS EXPECT PRICES TO STAY FIRM OTHERS SEE BEARISH TREND
Knight-Ridder Financial |
Rubber futures prices, which fell Monday and Tuesday following sharp gains last week, are expected t
JAPAN PUTS LIMITS ON CHEMICAL USED TO TREAT SHIP BOTTOMS
A.E. Cullison |
Restrictions on local production and import of tributyl tin compounds, known as TBT, used for treati
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US TO SELL SAUDIS WIDE RANGE OF ARMSThe United States will sell Saudi Arabia a multibillion-
Maritime
AFRICAN ENTREPRENEURS SEEK CHANGES
Rosalind Rachid |
African entrepreneurs based in North America are playing an increasingly aggressive role in making s
Maritime
STOTLER'S BANKRUPTCY FILING LEAVES MANY BROKERS HOLDING THE BAG
Gina Rarick |
Stotler and Co.'s bankruptcy filing not only left hundreds of brokers on its creditor list, but left
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 29, 1990Dubai Crude Oil(Dollars Per B
FINANCIAL BRIEFS
Wire and Staff Reports |
RUMORS PUT PRESSURE ON ISRAELI CURRENCYIsraelis anticipating a new economic plan that could
BRAZILIAN PACT WITH IMF LOOMS
Knight-Ridder Financial |
The Brazilian government was expected to sign a letter of intent for an 18- month stand-by agreement
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