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PANEL TO QUIZ FED CHIEF ON SQUEEZE
Knight-Ridder Financial |
The Senate Banking Committee intends to question Federal Reserve Chairman Alan Greenspan and other U
S. KOREA PROBES DU PONT, HOECHST DUMPING CHARGE
John Maggs |
The South Korean government is investigating allegations that E.I. du Pont de Nemours & Co. and Hoec
EXXON, MONSANTO SET ACCORD TO MERGE ELASTOMER BUSINESSES
John Maggs |
Monsanto Co. and Exxon Chemical Co. will merge their synthetic rubber operations, producing an integ
CANADIAN INTERVENTION FAILS TO STOP DOLLAR'S FALL
Knight-Ridder Financial |
The Canadian central bank again intervened in the foreign exchange market Tuesday, buying Canadian d
US MAY BE LOSING FERVOR FOR FREE TRADE, EXPERT SAYS
Gordon Platt |
The United States may be losing the will and the means to continue to support free trade, said Henry
SOVIET GAS SALES TO WEST TO RISE
From Wire and Staff Reports |
Soviet natural gas exports to Western Europe are expected to rise 20 percent to about 2.12 trillion
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 245.70 off 1.45 which compares w
COMEX METAL WAREHOUSE
JOC Staff |
May 22, 1990 Copper Total, 8,992. Gold Total, .1,881,811.Silver Total, .254,694,168.
EXPORT BRIEFS
Wire and Staff Reports |
ISRAEL MAY BUILD ITS OWN SUPERCOMPUTERDisheartened by U.S. reluctance to allow the export of
Maritime
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
NON-OPEC NATIONS TO DISCUSS PRICES
Knight-Ridder Financial |
A meeting of oil producers that are not members of the Organization of Petroleum Exporting Countries
CENTROMIN MINERS RETURN TO WORK IN PERU
Knight-Ridder Financial |
Miners at Peru's state-owned Centromin mines of Casapalca, Cobriza and Cerro de Pasco returned to wo
STRONG EXPORT BUSINESS SUPPORTING CURRENT LEVEL OF GRAIN PRICES
Chicago Tribune |
Though farmers are bogged down in muddy fields, causing a delay in spring planting of corn and soybe
ABB TO SELL C-E MINERALS
(Ap) |
Asea Brown Boveri Inc. said it has reached an agreement to sell its C-E Minerals business to Imetal
USSR UNLIKELY TO BUY SUGAR ON FREE MARKET OFFICIALS SAY SUPPLIES SUFFICE
Knight-Ridder Financial |
The Soviet Union is not likely to buy white sugar from the free market this year because its own sug
SMUGGLING THWARTS UK PLAN FOR FAST CLEARANCE
Phillip Hastings |
Development of faster Customs clearance procedures for intra-European highway freight traffic is bei
TALKS SET TO CONTINUE ON INTERCHANGE ACCORD
David M. Cawthorne |
Discussions aimed at working out an interchange agreement between Delaware & Hudson Railway Co. and
INSURANCE BRIEFS
Wire and Staff Reports |
HARLEYSVILLE REACHES AUTO PACT WITH PA.HARLEYSVILLE, Pa. - The Harleysville Mutual Insurance
ASIAN FUTURES
JOC Staff |
May 22, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond,
USDA REVIEW FINDS PROBLEMS WITH EXPORT CREDITS TO IRAQ
Knight-Ridder Financial |
A preliminary investigation of export credit guarantees to Iraq has uncovered some problems, but no
COCOM MAY LIFT CURBS ON MACHINE TOOLS
Barbara Casassus |
Deputy ministers from industrialized nations will agree next month to relax controls on exports of m
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 22, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
FEDERAL INVESTIGATORS RAID OFFICES OF NY SHIPPING AGENT ARIEL MARITIME SUBJECT OF PROBE
ALAN ABRAMS and ALLEN WASTLER |
Armed with a federal search warrant, several inspectors from the Agency for International Developmen
Maritime
BRITISH AIRWAYS TURNS A PROFIT FOR QUARTER
(Ap) |
British Airways PLC reversed a loss in its traditionally weak fiscal fourth quarter, and increased p
HANDLING OF INVESTMENT DATA SCORED LEGISLATION INTRODUCED
Keith M. Rockwell |
The U.S. government needs to change the way it handles data on foreign investment here, a panel of H
AUSTRALIAN WOOL CORP. MAY DOUBLE STOCKPILE
Knight-Ridder Financial |
The Australian Wool Corp. will continue buying wool and could double its stockpile to 5 million bale
LEO RYAN'S TRADETALK FROM CANADA
Leo Ryan |
HIS MESSAGE WAS no surprise: Europe's moves toward economic and political integration will not resul
Maritime
CORRECTION
JOC Staff |
Henk Rootliep, the chairman of Royal Nedlloyd Group NV, expects an announcement to be made before ye
Maritime
SEA-LAND AIMS TO HELP SOVIETS EXPEDITE CARGO
Mark D. Berniker |
Sea-Land Service Inc. has arrived in the Soviet Union in a big way. The container shipping s
DEFENSE, TRANSPORT DEPARTMENTS TO MEET ON MARITIME POLICY
Journal of Commerce Staff |
An agenda for strengthening and restoring the ailing U.S. merchant marine will be worked out in a me
Maritime
INSTITUTE TO HONOR INSURANCE EXECUTIVE
Journal of Commerce Staff |
The Seamen's Church Institute will honor Robert C. Winters, a prominent insurance company executive,
Maritime
SWISS EXECUTIVES' PAY SETS HIGH
Knight-Ridder Financial |
The Swiss were the highest paid among Europe's executives, followed by those in Italy, West Germany
SPOT CHEMICAL PRICES
JOC Staff |
As of May 22, 1990 Prices in the spot chemicals table in clude spot quotations or list price
RICHARD MALKIN'S AIR CARGO FOCUS
Richard Malkin |
Dieter Alheit does not count himself among the Europeans who argue that a unified European market sh
COST OF CREDIT
JOC Staff |
Tue., May 22, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
D&H TO COMPETE WITH CONRAIL IN NY PORT
David M. Cawthorne |
The Delaware & Hudson Railway Co. will resume service to Newark, N.J., on May 30, ending a four-year
NESTLE WORKERS RETURN DESPITE LIKELY LAYOFFS
Journal of Commerce Staff |
Nestle Foods Co. weekend lockout ended with workers returning to their jobs with a new three-year la
UTILITY OUTLOOK
JOC Staff |
This week: NEW ENGLAND: Eastern Utilities Associates, Boston MID-ATLANTIC: Long Island Light
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 22, 1990Bid AskedCopper-G
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