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FREIGHT RATE FUTURES
JOC Staff |
Aug. 3, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
CANADA'S MONEY CURE ADDS SOME NEW ILLS
From Wire Reports |
Canada's central bank may claim some success in its protracted battle against inflation, but it is b
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 3, 1990Bid AskedCopper-G
SAUDI SHIPPING LINE PUTS ON HOLD ITS PLAN FOR SERVICE TO KUWAIT
Bruce Vail |
Plans by the National Shipping Co. of Saudi Arabia to start sending its vessels to Kuwait are being
Maritime
TRADE BRIEFS
Wire and Staff Reports |
CONN. CHAIR MAKER PLANS TO EXPORTBARKHAMSTED, Conn. - The new owners of Hitchcock Chair Co.
Maritime
SEMBAWANG MARITIME PROFIT JUMPS 77 PERCENT
Journal of Commerce Special |
Sembawang Maritime Ltd., the salvage and towage division of government- controll ed Sembawang Holdin
Maritime
HOUSE PANEL GIVES GUIDANCE ON SEALIFT SHIPBUILDING PROGRAM
WILLIAM DiBENEDETTO |
A House defense panel gave specific instructions to the Pentagon on how to use $375 million designat
Maritime
AIR CANADA'S CHIEF EXECUTIVE TAKES UNEXPECTED RETIREMENT
Leo Ryan |
In a surprise move, Pierre Jeanniot has resigned as president and chief executive officer of Air Can
TVA AWARDS SPOT COAL CONTRACT
Journal of Commerce Staff |
The Tennessee Valley Authority said it bought 60,000 tons of steam coal from Ashland Coal Inc., Hunt
SPOT PRODUCT PRICES
JOC Staff |
Aug. 3, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 3, 1990Dubai Crude Oil(Dollars Per Ba
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 3, 1990*Brent Crude Oil(Dollars Per Barrel)
6-MONTH EARNINGS AT INDONESIAN UNIT OF INCO CUT IN HALF
P.T. Bangsberg |
The Indonesian unit of Canada's Inco Ltd. saw earnings halved in the first six months, including two
CHEMICAL BRIEFS
From Wire and Staff Reports |
CUSTOMS FREES CRUDE FOR LYONDELLU.S. Customs agents have agreed to release to Lyondell Petro
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
WHITE OILS, PETROLATUMS Witco Corp.'s Sonneborn division will increase selling prices of all
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 3, 1990 Copper Total, 11,391. Gold Total, .1,529,648.Silver Total, .251,806,349.
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
TRADE BRIEFS
Wire and Staff Reports |
S. KOREANS FOUND DUMPING SWEATERSThe Commerce Department Friday announced that man-made fibe
Maritime
MEXICAN STATE USES DALLAS TO PROMOTE FOREIGN TRADE
Richard Alm |
When at his desk, Gov. Elias Zamora Verduzco tackles his work below a portrait of Carlos Salinas de
Maritime
HARPER GROUP PROFIT GROWS 15 PERCENT IN QUARTER
Journal of Commerce Staff |
Harper Group Inc., an ocean and air freight forwarding and distribution company, said net income ros
Maritime
BOX TERMINAL IN MALAYSIA POSTS BIG GAIN TRAFFIC REFLECTS HALE ECONOMY
Jacob Daniel |
Cargo volume at Malaysia's Kelang Container Terminal rose nearly 26 percent in the first half of thi
Maritime
SOVIETS GRAPPLE WITH SHORTAGES RECORD GRAIN CROP COULD ROT IN FIELDS
From Wire Reports |
The Soviet Union, the world's biggest grain importer, could harvest a record 260 million tons this y
CASE ILLUSTRATES NEED FOR CONTROL OVER RISK INSURERS
TOM McNIFF Jr. |
A U.S. appeals court in Florida on July 9 upheld the Florida state Insurance Department's authority
CUBA FEELS THE IMPACT OF SOVIET ECONOMIC WOES
Mimi Whitefield |
Delays in Soviet shipments to Cuba are causing widespread shortages on the island, ranging from razo
AUTO REFORM IN PA. FACES A NEW FOE
Journal of Commerce Special |
Pennsylvania's embattled automobile insurance reform law is facing further litigation; this time fro
THE ECONOMY
Wire and Staff Reports |
JOBLESS RATE OF 5.5 PERCENT IS HIGHEST IN 2 YEARSThe nation's unemployment rate jumped to 5.
MARITIME BRIEFS
JOC Staff |
KUWAIT HARBOR CLOSED TO ALL VESSELSThe Kuwait harbor was closed to all vessels after a Japan
Maritime
GASOLINE PRICES
JOC Staff |
Aug. 3, 1990 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Premi
LARRY KAUFMAN'S INSIDE TALK ON RAILROADS
Larry Kaufman |
ARE RAILROADS LOSING the war against big trucks before the battle even begins? Congress must
AGENCIES INK JONES ACT WAIVER PACT
Journal of Commerce Staff |
Three federal agencies signed a memorandum of understanding on procedures for granting Jones Act wai
Maritime
HOWARD SIMON'S SIMON SAYS
Howard Simon |
CHICAGO BOARD OF TRADE LEADERS have their troubles back home, but at CBT's satellite offices, especi
ECONOMIC SOFTNESS LIKELY TO CONTINUE
Knight-Ridder Financial |
The current weakness in the U.S. economy "may last a little while longer," Michael Darby, commerce u
UTILITY BUYS TIED TO OIL PRICE SURGE
(Ap) |
Last winter's dramatic jump in home heating oil prices was fueled by the extreme cold, utilities' sh
PRICES SOAR AS CRISIS CONTINUES IN MIDDLE EAST
Sam Glasser |
Wholesale refined prices for gasoline and heating oil reacted immediately to events in the Middle Ea
COAL BRIEFS
Wire and Staff Reports |
ALABAMA POWER CO. SEEKS SPOT COAL BIDSAlabama Power Co., Birmingham, said it wants to
NEWS SUMMARY
JOC Staff |
* JofC Industrial Price Index 6A * Howard Simon - Simon Says 7A* Larry Kaufman - Inside Talk
LATIN AMERICA MOVES TOWARD TRADE UNITY
From Wire Reports |
Latin American nations, which long have talked about economic integration but with little effective
TRAFFIC BRIEFS
Wire and Staff Reports |
SANTA FE PACIFIC CLEARS HURDLE IN SPINOFF PLANCHICAGO - Santa Fe Pacific Corp. cleared a pot
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
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