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COMMODITY BRIEFS
From Wire and Staff Reports |
SOVIET GOLD SALES SEEN 1 OF MANY BULL FACTORSConcern about increased Soviet sales is the lat
COCOA PRICES FALL SHARPLY TENSIONS EASE IN IVORY COAST
From Wire and Staff Reports |
Cocoa prices plummeted Monday in heavy trading selling triggered by an easing of tensions in the Ivo
JAPAN TO URGE LIFTING OF CHINA SANCTIONS
A.E. Cullison |
The Kaifu administration is struggling to come up with cogent arguments for lifting economic sanctio
Maritime
US-SOVIET PACT CONTAINS CARGO ACCESS PROVISION
Journal of Commerce Staff |
The U.S.-Soviet bilateral maritime agreement signed here last week contains a new cargo access appro
Maritime
SAUDIS TAKE STEPS TO HALT THE EXPORT OF DISTILLATE TO IRAN
Knight-Ridder Financial |
Saudi Arabia stopped exporting distillate fuel oil from its refinery at Rabigh on the Red Sea to pre
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 4, 1990Bid AskedCopper-G
DONNELLEY TO LOCATE PRINTING PLANT IN FLA.
Gregory S. Johnson |
R.R. Donnelley and Sons Co. selected South Daytona, Fla., as the site for its new printing plant.
Transport, Trade and Regulation News
US DOLLAR MIXED
Knight-Ridder Financial |
The U.S. dollar turned mixed late Monday after the deutsche mark resisted a sell-off and pushed high
Maritime
CONGRESS LIKELY TO PASS NEW SOVIET TRADE PACT
Keith M. Rockwell |
Despite lingering rancor on Capitol Hill over the Soviet economic embargo of Lithuania, there are st
HANJIN TO SHIFT SHIPS TO EUROPE-FAR EAST CHO YANG PLAN PROMPTS MOVE
Robin Bulman |
Cho Yang Shipping Co.'s plan for a new round-the-world service early next year will affect the trans
MORE CARRIERS VIE FOR ROLLING CARGO
Allen R. Wastler |
Competition among Atlantic Ocean carriers for rolling cargoes is heating upbecause car carri
MITSUI & CO. BUYS STAKE IN NEPTUNE 1 PERCENT INITIAL SHARE MAY INCREASE
P.T. Bangsberg |
Japanese conglomerate Mitsui & Co. has taken a small stake in Singapore's main maritime carrier and
Maritime
OCEANDRILL SEEKS NOD FOR DRILLING BARGE SALE
Journal of Commerce Staff |
Oceandrill Inc., Houston, is seeking Maritime Administration approval for the sale of a drilling bar
Maritime
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 4A * Commodity Research Bureau 7A* Mark Berniker - Europe View 8A
CORROON AND BLACK, WILLIS FABER TO MERGE
Edwin Unsworth |
Willis Faber PLC and Corroon & Black Corp. are joining the list of U.S. and U.K. insurance brokers t
ENERGY BRIEFS
Wire and Staff Reports |
COLO. PLANT TO MAKE FUEL FROM LANDFILL GASIRVINE, Calif. - Ultrasystems Engineers and Constr
ENERGY BRIEFS
Wire and Staff Reports |
ATLANTIC RICHFIELD UNIT FINDS OIL OFF BALIJAKARTA, Indonesia - Atlantic Richfield Bali North
US CARRIERS SCRAMBLING FOR SOVIET AIR ROUTES SEVEN AIRLINES WILL BE CHOSEN
Ira Breskin |
The rush is on among U.S. carriers to claim new rights to fly between the United Statesand the Sovie
AVIATION BRIEFS
Wire and Staff Reports |
UPS TO EXPAND SOUTHWEST REGION HUBGREENWICH, Conn. - United Parcel Service will expand its S
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 240.48 off 1.04 which compares w
COMEX METAL WAREHOUSE
JOC Staff |
June 4, 1990 Copper Total, 14,695. Gold Total, .1,809,141.Silver Total, .255,421,520.
INTERNATIONAL BRIEFS
Wire and Staff Reports |
GM PROPOSES CAR PLANT IN CZECHOSLOVAKIAPRAGUE, Czechoslovakia - The president of General Mot
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
US, SOVIET PORTS
JOC Staff |
The U.S.-Soviet maritime agreement signed here last week opens up 42 ports in each country to nation
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 4, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
SPOT CHEMICAL PRICES
JOC Staff |
As of June 4, 1990 Prices in the spot chemicals table in clude spot quotations or list price
INSURERS' BANK STRATEGY A DOUBLE-EDGED SWORD?
Kenneth Silverstein |
Some insurers are pulling out all the stops to try and keep banks out their business, but a few of t
INSURANCE BRIEFS
Wire and Staff Reports |
P/C INSURERS' NET FELL IN FIRST QUARTERThe property and casualty insurance industry's consol
W. GERMAN CARTEL OFFICE PRAISES COLONIA'S MOVE INTO E. GERMANY
Miriam Widman |
The West German cartel office Friday praised the action of a West German consortium, led by Colonia
MARITIME BRIEFS
From Wire and Staff Reports |
POLAND TO PRIVATIZE GDANSK SHIPYARDWARSAW, Poland - The Polish government moved toward priva
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/4 6/1 Change % Change: 5
AFRICAN AID BANK POLICY CRITICIZED
From Wire Reports |
Western donors are demanding that greater care be taken with their contributions to the African Deve
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural Service Agri
Maritime
UNITED PARCEL SERVICE SET TO CONFIRM EUROPEAN EXPANSION
Phillip Hastings |
United Parcel Service plans to announce details of a significant European acquisition this month.
PEOPLE - OIL/GAS
From Wire and Staff Reports |
AMOCO CORP. (Chicago) - James A. Unnerstall was named executive director of crisis management planni
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 1, 1990CRUDE OIL(1,000 barrels; dollars and cents
BALTIC FREIGHT INDEX
JOC Staff |
1302 (June 4, 1990) Previous day - 1301 The Baltic International Freight Futures Market in L
Maritime
SHIPPER REACTION VARIES ON TRUCK ACCESS RULES
Sabrina Arena |
Shippers have mixed reactions to new Department of Transportation rules governing 48-foot, 102-inch-
Transport, Trade and Regulation News
QUOTA WATCH
JOC Staff |
Textile Quotas to Watch as of 6/1/90* Country Category Description % Fill
Maritime
ALBANIA COURTS WESTERN TRADE WITH CAUTION
TOM McNIFF Jr. |
Tiny Albania is scrambling to catch up as other East European nations seek Western capital and trade
Maritime
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