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FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
FINANCIAL BRIEFS
From Wire and Staff Reports |
JAPAN BANKS TO HIKE PRIME RATE TO 7.9 PERCENTJapan's debenture-issuing banks will raise thei
COST OF CREDIT
JOC Staff |
Wed., July 25, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
NEWS SUMMARY
JOC Staff |
* Trading With Bahrain 5A * Tom Connors - Washington 8A* Asia Nations Boost Container Manufa
SPOT CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 25, 1990 Prices in the spot chemicals table in clude spot quotations or list pric
DU PONT REPORTS LOWER EARNINGS
From Wire and Staff Reports |
Du Pont Co. joined a list of other large chemical companies that reported lower earnings in the seco
APL DENIED HAWAII ROUTE
Mark Magnier |
Capping a three-year struggle, the Maritime Administration Tuesday denied American President Lines L
INSURANCE BRIEFS
Wire and Staff Reports |
THREE INDICTED IN NY FOR PART IN AIG SCAMNEW YORK - A county grand jury indicted three men W
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
HONG KONG POSTS TRADE SURPLUS IN JUNEHong Kong posted a visible trade surplus of HK$1.02 bil
CORRECTION
JOC Staff |
The CRB Futures Outlook column, which appeared on Page 7A in The Journal of Commerce of July 24, sho
CHINA ASKS RESPECT AS COAL SUPPLIER
Tim Sansbury |
"If the Chinese want to sell you coal, they'll sell you coal," an international competitor mocked, a
E. GERMAN AGRICULTURE STRUGGLES WITH CHANGE TO FREE MARKET
Knight-Ridder Financial |
The reunification of Germany is posing daunting difficulties for East Germany's agricultural sector,
SPOT COMMODITIES
JOC Staff |
July 25, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 25, 1990Bid AskedCopper-
PRODUCTS MARKETPLACE
From Wire and Staff Reports |
GLUCONATES Akzo Chemicals Inc. will eliminate all off-list price discounts on sodium glucona
MARITIME BRIEFS
From Wire and Staff Reports |
SALARIED PORT WORKERS MAY STRIKE IN BRAZILSAO PAULO, Brazil - Brazil faces the threat of its
Maritime
MALAYSIA NIXES DISCOUNT RICE OFFER
Knight-Ridder Financial |
Malaysia has turned down an offer from Thailand to purchase low grade rice at a discount, or what it
NY REFINERY TO ADD ABILITY TO RECYCLE OIL PROJECT INCLUDES FUEL UPGRADES
(Ap) |
A $100 million upgrade planned for New York's only oil refinery will allow it to convert waste oil b
WORLD SALES IN CONDOMS EASE AFTER FAST GROWTH
Mark Magnier |
After two years of explosive growth in the latter half of the 1980s, the international condom and ru
COMMERCE PUBLISHES GUIDES ON FINANCING THIRD WORLD TRADE
Rosalind Rachid |
In 1988, the 47 countries in sub-Saharan Africa bought $56 billion worth of goods manufactured outsi
Maritime
WITCO CORP. REPORTS SLIGHT EARNINGS GAIN
From Wire and Staff Reports |
Witco Corp. of New York Wednesday reported net income of $23.3 million, or 98 cents a share, for the
MARAD PROPOSALS ON SHIP SALES, CHARTERS MEET WITH CRITICISM PRE-APPROVAL OF TRANSFERS ABROAD URGED
WILLIAM DiBENEDETTO |
Maritime Administration proposals on ship sales and financing could discourage foreign investment an
Maritime
CANADA'S 1990-91 WHEAT OUTPUT NEAR RECORD, GROUP FORECASTS
Knight-Ridder Financial |
Western Canadian grain and oilseed production continued to benefit from near-ideal growing conditio
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 231.52 off 0.98 which compares
COMEX METAL WAREHOUSE
JOC Staff |
July 25, 1990 Copper Total, 12,146. Gold Total, .1,558,558.Silver Total, .252,880,767.
TRADING PROPAGANDA FOR ART
Michael S. Lelyveld |
For years, Art Centrum sold Czechoslovakian modern art abroad. What it sold at home was propaganda.
Maritime
BILL OFFERED TO END IMPASSE IN SHIPYARD SUBSIDY TALKS
WILLIAM DiBENEDETTO |
In an effort to spur stalled multilateral talks on shipbuilding subsidies, House and Senate members
BALTIC FREIGHT INDEX
JOC Staff |
1142 (July 25, 1990) Previous day - 1141 The Baltic International Freight Futures Market in
Maritime
MALAYSIAN AIRLINE BUILDS CARGO UNIT
Jacob Daniel |
Malaysian Airline Systems is developing a M$35 million (US$13 million) cargo complex on the northwes
TRADING WITH BAHRAIN BAHRAIN LOOKS GOOD TO INVESTORS
Duncan Robinson |
The tiny Persian Gulf archipelago state of Bahrain has long been a Middle Eastfinancial cent
Maritime
NYK TO RUN LOS ANGELES BOX TERMINAL
Bill Mongelluzzo |
In a move to strengthen its control over intermodal operations, Nippon Yusen Kaisha Line (North Amer
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
CONOCO, TRINIDAD ANNOUNCE PLANS FOR GAS FACILITY
Larry Luxner |
Conoco Inc. has begun construction of a $95 million plant that will extract propane and butane from
CAPITALISM IN CZECHOSLOVAKIA ECHOES PROMISE OF PRAGUE SPRING SOCIALIST VIRTUES PRESERVED
Michael S. Lelyveld |
After 22 years of waiting for "socialism with a human face," Czechoslovakia is searching for capital
CONDOM MARKETING CALLS FOR TACT
Mark Magnier |
The delicate cultural issues involved in any mention of sexual issues require different and often di
BROKERS IN ASIA ESTABLISH ALLIANCE
Jacob Daniel |
Six independent insurance brokers in the Far East have set up a regional alliance to expand the scop
OPEC MOVES TOWARD DEAL ON OUTPUT CAP, PRICE HIKE
Knight-Ridder Financial |
OPEC is close to approving a rise in its self-imposed production ceiling of nearly half a million ba
IDEMITSU NEGOTIATING POLYSTYRENE VENTURE
Knight-Ridder Financial |
Japan's Idemitsu Petrochemical is negotiating a joint venture with Spain's national oil company, Rep
FREIGHT RATE FUTURES
JOC Staff |
July 25, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
ZINC PRICES SEEN HEADING FOR FALL
Knight-Ridder Financial |
Zinc's persistent trend upward since January, which saw prices rise by 40 percent, has gone into rev
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