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ECONOMISTS SEE ONLY GLOOM IN PROSPECT OF MIDEAST WAR
Lee Gomes |
Is war good for business? Faced with that cold-blooded query, most people would say yes, pro
SILICON VALLEY COMPANIES MOVE OPERATIONS TO EUROPE
(Reuter) |
Silicon Valley, the hub of the U.S. electronics industry, is moving more operations overseas to sat
Maritime
NEW PRODUCTS
Wire and Staff Reports |
DANISH FIRM DEVELOPS LOW-FAT SAUSAGECOPENHAGEN, Denmark - A Danish company is offering the w
Maritime
COCOA, COFFEE, SUGAR PRICES TURN DOWNWARD
From Wire and Staff Reports |
Cocoa, coffee and sugar prices moved lower Monday in cautious trading dampened by lower oil and prec
JAMES M. NEVLER'S CRB FUTURES OUTLOOK
James M. Nevler |
THOUGH SADDAM HUSSEIN HAS REPLACED the program trader as the stock market's main bogeyman, the "cir
PRODUCTS MARKETPLACE
JOC Staff |
FATTY ACIDS Procter & Gamble Co. said it increased fatty acid prices by 2.5 cents a pound, e
GEOTHERMAL POWER DEBATE NEARS THE BOILING POINT
John Davies |
Out beyond the billowing clouds of sulfur steam, where lava spills over the trails and escaping gase
GOLD PRICE WEAKNESS EXPECTED TO LINGER
Howard Simon |
Gold market players are bracing themselves for further price weakness in the aftermath of Monday's s
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 5A * Commodity Research Bureau 7A* Miriam Widman - Europe View 8A
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
QUESTIONS ARISE OVER HONG KONG RAILROAD LINK LINE CRUCIAL TO NEW AIRPORT
P.T. Bangsberg |
Officials appear to be rushing to reassure potential investors in a mammoth airport-seaport developm
FINANCIAL BRIEFS
Wire and Staff Reports |
JAPAN WEIGHS HIKING SHORT-TERM PRIME RATESurging market interest rates could force Japan's m
SAUDI SOCIETY AT ODDS WITH ITSELF
Walter V. Robinson |
This is a land of images in conflict: Fully veiled women usher their children into the local "Pizza
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
MOBIL BOOSTS STRETCH FILM CAPACITY
Journal of Commerce Staff |
Mobil Chemical Canada Ltd. will double its polyethylene stretch film operations in Belleville, Ontar
INSURANCE BRIEFS
Wire and Staff Reports |
REINSURERS REPORT RISE IN WRITTEN PREMIUMSA Reinsurance Association of America survey of 68
US IMPORTS OF FOOD REACH RECORD LEVELS EXPORT SALES ALSO CLIMBING
(Ap) |
The United States imported record levels of farm goods in the first half of this year but also incre
Maritime
FUEL PRICE SQUEEZE LEAVES AIRLINES IN NO-WIN SITUATION
Ted Reed |
You almost have to feel sorry for the airline industry, caught between the rock of rising fuel costs
CHEMICAL BRIEFS
From Wire and Staff Reports |
JUNE PLASTICS OUTPUT OVER 4 BILLION POUNDSPlastics resin production totaled nearly 4.5 billi
CORRECTION
JOC Staff |
The table "Leading Commodities Carried by Ivaran Lines," on Page 4 of the Special Advertising Supple
Maritime
TRAFFIC BRIEFS
Wire and Staff Reports |
SP TO RAISE RATES ON PERISHABLE TRAFFICSouthern Pacific Transportation Co. is raising rates
NY PORT DREDGING AT CRUCIAL STAGE
David F. White |
With a major contract about to be awarded in October, the U.S. Army Corps of Engineers is approachin
GROWTH IS TORPID FOR US ECONOMY
From Wire Reports |
The U.S. economy grew at sluggish 1.2 percent annual rate between April and June after expanding at
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS European Trade and Technology - 1992 and Beyond. Sept. 3-6. Sunderland, Engla
Maritime
COST OF CREDIT
JOC Staff |
Fri., Aug. 24, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ADIDAS LOSSES GREW TO $72 MILLION IN '89
From Wire Reports |
Adidas AG, Europe's leading sporting goods maker, on Friday said its losses rose to 112 million deut
Maritime
MALAYSIA EYES EAST ASIA AS NEW COCOA CUSTOMERS
Knight-Ridder Financial |
The Malaysian Cocoa Board, seeking new markets in East Asia, is planning its first ever promotional
INDEPENDENTS CLAIM BIG OIL IS GOUGING THEM ON GASOLINE
Michael Arndt |
Big Oil is again getting hit over prices at the gasoline pump, but this time the complaint is that t
KOHL: TIMETABLE WILL AID ECONOMY
From Wire Reports |
West German Chancellor Helmut Kohl Friday hailed East Germany's agreement on a timetable for German
LOW-COST AUTO COVER ADVANCES IN CALIFORNIA ASSEMBLY CLEARS COMPROMISE
Steven J. Adler |
A compromise bill aimed at making low-cost auto insurance available to California drivers is one-thi
MORE ECONOMISTS SEE A RECESSION ON THE HORIZON AS OIL COSTS SOAR
Edward Kean |
A growing number of economists are predicting that the sluggish U.S. economy will slide into recessi
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- $1,715-$1,725 per ton lots & in warehouse min. 99.7
BALTIC FREIGHT INDEX
JOC Staff |
1220 (Aug. 24, 1990) Previous day - 1221 The Baltic International Freight Futures Market in
Maritime
JOFC INDEX HITS HIGH OF 106.8
Howard Simon |
The Journal of Commerce Industrial Price Index rose to a new 1990 high of 106.8 Friday in response t
COMMODITY BRIEFS
From Wire and Staff Reports |
TOKYO TO DELAY START OF COMPUTERIZED TRADEThe Tokyo Commodity Exchange for Industry will del
DHL'S US UNIT AIMS TO BOLSTER EUROPEAN TIES DOMESTIC HOUSE IS IN ORDER
Ira Breskin |
Executives at DHL Worldwide Express' North American operation are concentrating on establishing stro
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
COATING RESINS Reichhold Chemicals Inc.'s Coating Polymers & Resins division said it will in
HIGHER OIL PRICES LIKELY TO SLICE CHEMICAL PROFITS
Pei-Tse Wu |
Higher oil prices have given chemical manufacturers a rationale to raise prices and try to generate
MISSION BOOSTS CARGO PROSPECTS FOR RED HOOK GROUP VISITS SOVIET UNION, W. EUROPE
David F. White |
A recent trade mission to the Soviet Union and Western Europe is generating promising prospects for
Maritime
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