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ENERGY BRIEFS
From Wire and Staff Reports |
FINNISH COMPANY PLANS MALAYSIAN VENTURESKUALA LUMPUR, Malaysia - Finland's state oil company
AT APC, 1990 BRINGS FOCUS ON RESTRUCTURING
Mark Magnier |
Recent top management changes at American President Companies Ltd. are the outward signs of a compan
PEOPLE - ENERGY MCMILLIN TO HEAD GRACE ENERGY
From Wire and Staff Reports |
John P. McMillin was named president and chief executive of Grace Energy Corp., a Grace Petroleum Co
SAKE BREWERIES SPROUT IN US
Gerald Volgenau |
While savoring the delicate delights of sushi or teriyaki, many Americans have tried sake, the Japan
Maritime
DOLLAR MOVES HIGHER AS GERMAN MARK FALLS
Knight-Ridder Financial |
The U.S. dollar continued to push higher Monday as the West Germany deutsche mark and the Swiss fran
TOY PRICES COULD DOUBLE IF US PENALIZES CHINA
William Armbruster |
The U.S. retail price of toys bought from Hong Kong companies will double if the United States decid
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
APPEAL OF ICC BAN IS DENIED
John Maggs |
The Supreme Court refused to hear an appeal by a man permanently barred by the Interstate Commerce C
FINANCIAL BRIEFS
Wire and Staff Reports |
SOUTH KOREAN WON FALLS AGAINST DOLLARSEOUL, South Korea - The South Korean won fell Monday f
ECONOMIC DATA ABROAD
From Wire and Staff Reports |
INDIA SEEN ACHIEVING TRADE SURPLUS BY 1994NEW DELHI, India - India is likely to balance its
E. GERMANY'S INTERFLUG SET TO JOIN IATA
Journal of Commerce Special |
Interflug, the East German national carrier, said it intends to join the International Air Transport
BUSINESS ECONOMISTS PREDICT NO RECESSION THROUGH THIS YEAR
Knight-Ridder Financial |
A survey of business economists Monday predicted no U.S. recession through 1991, but warned of slowi
COST OF CREDIT
JOC Staff |
Mon., May 21, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
HUNGER AWARD WINNERS INCLUDE JOFC REPORTERS
Journal of Commerce Special |
Two Journal of Commerce reporters are co-winners in the newspaper coverage category of the 1989 Worl
EDI EXCHANGE
Tony Seideman |
''IF YOU AIN'T GOT IT, you're not in the game." The game is transportation. The observation
NEWS SUMMARY
JOC Staff |
* Import Quota Watch 4A * Commodity Research Bureau: Soybean Complex 11A* Keith Rockwell - E
AVIATION BRIEFS
Wire and Staff Reports |
PAKISTAN TO SELL SHARES OF NATIONAL AIRLINEKARACHI, Pakistan - The Pakistan government opene
MEXICO MAY RETURN TO PRIVATE BANK SYSTEM
Paula L. Green |
The Senate is expected to approve a bill to reprivatize the nation's banks less than a month after P
SKINNER REVIEWING REVISIONS IN WATERMAN SUBSIDY PACTS
WILLIAM DiBENEDETTO |
In an unusual move, Transportation Secretary Samuel K. Skinner is reviewing Waterman Steamship Corp.
Maritime
BUSINESS INDEX
JOC Staff |
This index alphabetically lists all significant references to companies and other operating organiza
YEUTTER DEFENDS RICE POLICY
Knight-Ridder Financial |
U.S. Department of Agriculture Secretary Clayton Yeutter said he is "very troubled" by a Japanese of
SUSAN BUCHANAN'S CRB FUTURES OUTLOOK
Susan Buchanan |
While soybean and meal futures retreated last week, the soyoil market held most of its gains, based
HOUSE HOPES TO VOTE ON CLEAN AIR THIS WEEK
(Ap) |
The House is aiming for a vote this week on clean air legislation, but first must decide whether to
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,900-$1,990 per ton lots & in warehouse min. 99.
EXXON CREWS BEGIN SPREADING FERTILIZER ON ALASKAN SHORES
(Ap) |
Exxon began applying fertilizer to the shoreline of Prince William Sound to speed the breakdown of o
CODELCO-CHILE LIKELY TO CUT '90 ESTIMATES
Knight-Ridder Financial |
The Chilean copper corporation, Codelco-Chile, is working on a new 1990 mining plan that is expected
SPOT COMMODITIES
JOC Staff |
May 21, 1990 Included are list prices of suppliers. Quotations do not necessarily represent
REPORTS FROM PERU AND IVORY COAST FAIL TO STIR COFFEE MARKET
Knight-Ridder Financial |
Coffee prices moved higher Monday on anticipation of new export business. News of a smaller
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 21, 1990Bid AskedCopper-G
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/21 5/18 Change % Change: 4
ILLINOIS GROUP HOPES TO HELP SOVIET FARMING TRANSPORT POSES MAJOR PROBLEM
Kevin Commins |
The Illinois Department of Agriculture is spearheading a move to provide Western assistance to the S
COMMODITY BRIEFS
From Wire and Staff Reports |
JAPAN TO ALLOW TRADING VIA GLOBEX NETWORKThe Japanese Ministry of Finance Monday said it wil
MOSBACHER: KEEP CONTROLS ON EXPORTS TO SOVIETS
Keith M. Rockwell |
The Soviet Union must be subjected to stricter export controls than the rest of Eastern Europe for t
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 247.15 up 0.26 which compares wi
COMEX METAL WAREHOUSE
JOC Staff |
May 21, 1990 Copper Total, 8,465. Gold Total, .1,882,312.Silver Total, .253,699,168.
ASIAN FUTURES
JOC Staff |
May 21, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
PHILIPPINES SUSPENDS FOUR-DAY WORKWEEK
John Williamson |
A government-ordered four-day week in Manila is being suspended after repairs on thermal power plant
Maritime
COAL BRIEFS
From Wire and Staff Reports |
DIVERSIFIED TO OPEN NEW QUEENSLAND MINESYDNEY, Australia - Diversified Mineral Resources NL
QUOTA WATCH
Source: American Association of Exporters and Importers |
Textile Quotas to Watch as of 5/18/90* Country Category Description % Fil
Maritime
MALAYSIA'S PETCO TO REFINE CRUDE IN SOUTH YEMEN
Knight-Ridder Financial |
A Malaysian company, Petco, an affiliate of the national oil company, Petronas, will process 20,000
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