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HOUSTON SHIPPING CHANNEL CLOSED SUNKEN TUGBOAT BLOCKS WATERWAY
Gary Taylor |
The U.S. Coast Guard closed the Houston Ship Channel Wednesday to all traffic after a tugboat sank n
ADMINISTRATORS OF LUI SEEK INDUSTRY HELP
Edwin Unsworth |
The administrators appointed to look after the affairs of financially troubled London United Investm
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,530-$1,540 per ton lots & in warehouse min. 99.
VA. PORT COURTS 'K' LINE
Allen R. Wastler |
The Port of Hampton Roads, Va., is close to securing a contract with Kawasaki Kisen Kaisha Ltd., a m
Maritime
SOVIETS GIVE INDIA PLEDGE ON CURRENCY
N. Vasuki Rao |
Although the Soviet Union is moving to hard-currency trade with its East European partners, India ha
Maritime
AUTO SECTOR IN CHINA HITS MORE POTHOLES
P.T. Bangsberg |
The Chinese auto sector, heavily backed by U.S. and other foreign manufacturers, is struggling with
Maritime
COMMODITY BRIEFS
From Wire and Staff Reports |
VIETNAM IN NO. 3 SPOT IN WORLD RICE EXPORTSVietnam emerged as the world's third-largest rice
JAPANESE SHIPBUILDERS RECOVER FROM SLUMP
A.E. Cullison |
Continued growth is projected for the Japanese shipbuilding industry in 1990. Shipyards last year re
Maritime
RYDER STILL BEARISH ON INDUSTRY
Leo Abruzzese |
Ryder System Inc.'s nearly flat second-quarter earnings ended a series of sharp profit declines, but
LAST OF GREAT TEAK FORESTS VANISHING
(Ap) |
The last of the great teak forests are being devastated because Burma's military rulers have abandon
Maritime
TNT GOES ALL OUT IN BRAZILIAN AUTOMATION EFFORT
James Bruce |
Total automation is one of the most important tools in Thomas Nationwide Transport Ltd.'s plans to s
INSURANCE EARNINGS
Wire and Staff Reports |
BELVEDERE'S EARNINGS FELL IN SECOND QUARTERSecond quarter net earnings at Belvedere Corp., a
ENERGY BRIEFS
From Wire and Staff Reports |
S. KOREA POWER PLANTS TO USE 'CLEANER' OILSEOUL, South Korea - South Korean power plants are
ALABAMA STATE DOCKS TO BEGIN FINAL PHASE OF EXPANSION PROJECT
Janet Plume |
Alabama State Docks should begin construction next month on the final phase of a three-year capital
Maritime
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
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