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COMMODITY BRIEFS
From Wire and Staff Reports |
BRAZIL GRAIN, OILSEED CROPS ESTIMATES CUTSAO PAULO, Brazil - Brazil's total 1990 grain and o
INSIDE TALK ON INSURANCE
Janet Aschkenasy |
CORROON & BLACK'S PROSPECTIVE powerhouse union with Willis Faber? "Not the most exciting thing in th
MARITIME BRIEFS
From Wire and Staff Reports |
CROWLEY TO RELOCATE TO OAKLAND ON JULY 30Crowley Maritime Corp. will move its corporate head
Maritime
EXPERTS ESPOUSE EARTHQUAKE BILL BUT CAN'T AGREE ON PROPER FORM
Kenneth Silverstein |
Experts agree that federal legislation is necessary to curb the costs of earthquake damage, but they
INTERIM CHIEF TAKES OVER NY AUTHORITY
Journal of Commerce Staff |
Patrick J. Falvey, an attorney, takes over today as acting executive director of the Port Authority
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1078 (July 13, 1990) Previous day - 1064 The Baltic International Freight Futures Market in
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
DOLLAR COULD WEAKEN ON INTEREST RATE DROP
Gordon Platt |
The dollar is vulnerable to a decline in interest rates, but the U.S. currency is unlikely to go int
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange July 13, 1990Dubai Crude Oil(Dollars Per B
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 13, 1990Brent Crude Oil(Dollars Per Barrel)
ENERGY BRIEFS
Wire and Staff Reports |
Average Price of Crude In OPEC Basket RisesThe average price of the basket of seven crude oi
WORKPLACE SAFETY LAX IN MUCH OF E. EUROPE
Knight-Ridder Newspapers |
Intent over his work, the man with gray overalls and a cutting torch was only an unknown worker out
CORRECTION
JOC Staff |
The article "Four All-Cargo Airlines Apply for Soviet Routes," in The Journal of Commerce of July 10
HONG KONG PROBES PLAN FOR CHEMICAL PROCESSING TRADE
P.T. Bangsberg |
The government is commissioning a study into the feasibility of a petrochemical processing industry
US AND EC CLOSER ON FARM TRADE
John Maggs |
The United States and European Community made key concessions on farm trade at the economic summit,
ECONOMIC DATA ABROAD
Wire and Staff Reports |
WHOLESALE PRICES FELL 0.1 PERCENT IN JAPAN IN JUNEThe Japanese wholesale price index for Jun
AMTRANS TELLS PHILA. IT NEEDS TAX BREAK
Allen R. Wastler |
American Transport Lines Inc. told officials of the Port of Philadelphia Friday that it needs relief
Maritime
USED AMERICAN CLOTHES A HIT IN NICARAGUA
Andres Oppenheimer |
Don't be surprised if you run into a vaguely familiar pair of slacks in the streets of this city: T
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
CREDIT LYONNAIS TO BUY STAKE IN SPANISH BANKMADRID, Spain - Spain's Banco Santander and Fran
PORT AUTHORITY APATHY ON DATA SYSTEMS HIT INPUT NEEDED ON STANDARDS
Tony Seideman |
Port authority apathy toward paperless trading could leave facilities saddled with ineffective syste
COST OF CREDIT
JOC Staff |
Fri., July 13,1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Currency Forecast 1A * JofC Industrial Price Index 1A* Howard Simon - Simon
TAIWAN PURCHASES 2 GASOLINE CARGOES
Knight-Ridder Financial |
Taiwan's Chinese Petroleum Co. bought two cargoes, at 250,000 barrels each, of leaded reformate for
AEP BUYS KENTUCKY COAL UNDER LONG-TERM CONTRACTS
Tim Sansbury |
American Electric Power Service Corp. said Kentucky Power Co., Ashland, Ky., reached agreements with
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,530-$1,540 per ton lots & in warehouse min. 99.
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 13, 1990Bid AskedCopper-
TAIWAN BROKERAGE FAILURES MAY CLIMB
David Huynh |
The failure of a small securities firm in southern Taiwan this week following the five-month stock m
DOUBLE-HULL LAW TO HIT OWNERS IN DISTANT FUTURE OIL SPILL PLAN INCLUDES PORK
Bruce Vail |
In the grand tradition of the U.S. Congress, legislation now nearing final form on oil spill liabili
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange July 12, 1990CRUDE OIL(1,000 barrels; dollars and cents
SOVIETS TO CUT SHIPMENTS OF OIL TO HUNGARY BY 30 PERCENT
From Wire Reports |
The Soviet Union plans to slash its oil shipments to Hungary by up to 7.33 million barrels, or about
COAL BRIEFS
Wire and Staff Reports |
FORT ORANGE PAPER CO. OKS COGENERATION UNITCASTLETON, N.Y. - Fort Orange Paper Co. signed an
FATE OF SIMEX'S DUBAI FUTURES HINGES ON LONDON TRADING DEBUT
Valerie Lee |
Three weeks after its launch, the Singapore International Monetary Exchange's Dubai crude oil future
CONTINENTAL WINS NOD TO EXPAND AT NEWARK
Journal of Commerce Staff |
Continental Airlines won approval last week from the Port Authority of New York and New Jersey to co
MITSUI PETROCHEMICAL WEIGHS LINK WITH S. KOREA'S SAMSUNG
Knight-Ridder Financial |
Mitsui Petrochemical Industries Ltd. said it is negotiating a wide-ranging business agreement with S
ISLAMIC GROUP SAYS IT CAUSED ARCO BLAST
From Wire Reports |
An extremist Islamic group claimed responsibility for an explosion at a Texas chemical plant July 5
AIR CANADA DEFENDS HIKES IN OVERNIGHT FREIGHT RATES
Andrew Tausz |
The rate hikes are daunting: three increases totaling 34 percent over 12 months on prime-time shipme
LARGEST E. GERMAN UNION WINS 20 PERCENT PAY INCREASE
From Wire Reports |
East Germany's largest union, IG Metall, signed its first deal Friday with employers in the enginee
EXPORT BONUS SPENDING CAP CUT IN HOUSE PANEL APPROVES $500 MILLION
Knight-Ridder Financial |
The House Appropriations Committee Friday approved a $500 million spending cap on farm export bonus
CORRECTION
JOC Staff |
The story headlined "Mass. Services Tax Bypasses Premiums," which appeared on Page 9A in The Journal
GA. REGULATOR FACES TOUGH RE-ELECTION BID
Craig Dunlap |
Warren Evans, Georgia insurance commissioner, has held elected state government positions for 16 yea
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