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PEOPLE - COMMODITIES
From Wire and Staff Reports |
CHICAGO BOARD OF TRADE (Chicago) - David Prosperi was named vice president, communications for the c
HOWARD SIMON'S SIMON SAYS
Howard Simon |
THE SCRAP STEEL MARKET has reheated to the point where prices have jumped nearly 10 percent in April
OXY SOVIET PLANT DELAYED BY ENVIRONMENTAL CONCERNS
Pei-Tse Wu |
Occidental Chemical Corp.'s ambitious plans to build large petrochemical plants in the Soviet Union
DATA WITHHELD ON EFFECT OF DRIVE TO PROTECT OWL
Knight-Ridder Financial |
Forest Service officials Wednesday refused to release details to a House panel on how efforts to pro
DRUG DEVELOPMENT COSTS, TIME TALLIED
Dallas Morning News |
It now takes $231 million and 12 years to develop the average prescriptiondrug - a figure th
BFGOODRICH TO INCREASE EMULSIFYING RESIN OUTPUT
Knight-Ridder Newspapers |
BFGoodrich sees more people brushing their teeth, moisturizing their skin and styling their hair.
LATEST JAPANESE MOVE COULD AID US FOREST PRODUCTS INDUSTRY
John Davies |
New trade agreements with Japan won't do much to end the U.S. trade deficit, but should provide some
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago5/3 5/2
COMMODITY BRIEFS
From Wire and Staff Reports |
ICO TALKS WON'T COVER THORNY ISSUE OF QUOTASAn executive committee meeting of the Internatio
COPPER MINERS' UNION REJECTS BACK-TO-WORK DECREE IN PERU
Knight-Ridder Financial |
Striking union officials at Southern Peru Copper Corp. have refused to adhere to a return-to-work go
HARMONIZING REGULATION SEEN HURTING FUTURES
Howard Simon |
Commodity Futures Trading Commissioner William Albrecht lent his support to CFTC Chairman Wendy Gram
BUMPER GRAIN HARVEST IN CHINA THREATENS TO CUT US EXPORTS
(Reuter) |
Chinese agricultural officials predict a bumper grain harvest in 1990 and foreign analysts said this
PHILIPPINES TO GO ON DAYLIGHT TIME AS ENERGY CONSERVATION MEASURE
John Williamson |
As the Philippines' energy crisis worsened, President Corazon Aquino issued a decree Thursday reinst
Maritime
BIG BOOST FORECAST IN IMF RESOURCES
Richard Lawrence |
A major International Monetary Fund package, featuring a roughly $60 billion boost in the agency's r
SPOT PRODUCT PRICES
JOC Staff |
May 3, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f.
CUOMO PUSHES BUSINESS IN EUROPE
Leo Ryan |
Companies from the United States and Canada must become an integral part of the future European trad
Maritime
BUSH PLEDGES US HELP FOR JAMAICAN ECONOMY
From Wire Reports |
President Bush Thursday pledged U.S. efforts to help Jamaica's economic growth, and Prime Minister M
Maritime
CUSTOMS UPDATE
JOC Staff |
MONITORING OF CATEGORIES 341/641 FROM THAILAND. In anticipation of the establishment of absolute qu
Maritime
DOLLAR DECLINES IN DULL TRADING
Knight-Ridder Financial |
The U.S. dollar declined against key currencies except the Japanese yen Thursday in continued dull t
OPEC REACHES AGREEMENT TO CUT OUTPUT
(Ap) |
OPEC ministers unanimously agreed Thursday to cut the cartel's total crude output by 1.45 million ba
DECONTROL OF MEXICAN BANKS CALLED KEY TO NEW INVESTMENT
Paula Green |
The prospect that Mexico will soon return its commercial banks to private control has even the harsh
MARKETS AND MONEY
Albert L. Kraus |
''WARNING: THESE EXPORTS COULD BE INJURIOUS to the economic health of the nation." You're not likely
NY INDEPENDENT POWER PRODUCERS FEAR FINANCING COULD DRY UP
Sam Glasser |
Independent power producers in New York state say their financing could dry up for two important uti
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
OUTLOOK IS GOOD FOR EXPORT BARGES ON MISSISSIPPI
Tim Sansbury |
There will be smooth sailing for export coal barges on the Mississippi River system this year, U.S.
FINANCIAL BRIEFS
Wire and Staff Reports |
MOROCCO SET TO CREATE OFFSHORE BANK SYSTEMRABAT, Morocco - Morocco plans to create an offsho
TEXAS EASTERN RESTARTS NY PROPANE PIPELINE
(Ap) |
Liquid propane Thursday began flowing through a 165-mile pipeline that ruptured in March, causing an
PSE&G, PJM POOL IN GOOD SHAPE TO MEET SUMMER POWER DEMAND
Journal of Commerce Staff |
Public Service Electric and Gas Co. and the Pennsylvania-New Jersey-Maryland Interconnection power p
INVESTORS SEE SAFE HAVEN IN THE CANADIAN DOLLAR
From Wire Reports |
Higher interest rates in Canada will keep the Canadian dollar attractive to investors disenchanted w
COST OF CREDIT
JOC Staff |
Thu., May 3, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K.
ENERGY BRIEFS
Wire and Staff Reports |
NJ UTILITY BOARD PLANS CONSERVATION INCENTIVESNEWARK, N.J. - The Board of Public Utilities a
WHARF EXTENSION AT OAKLAND PORT ALLOWS MORE SPACE FOR MAERSK
Mark Magnier |
A completed wharf extension project at Maersk Line's terminal facility in Oakland will give the Dani
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 3, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1345 (May 3, 1990) Previous day - 1352 The Baltic International Freight Futures Market in Lo
Maritime
CUSTOMS SERVICES AROUND GLOBE ADOPT ELECTRONIC STANDARDS
TONY SEIDEMAN and LEO RYAN |
Customs services around the world have begun to use international paperless trading standards, accor
HEAVY RAINS, FLOODING DAMPEN RAIL SERVICE IN THE SOUTHWEST
John Boyd |
Heavy rainstorms and flooding have disrupted rail freight service on several lines serving major Sou
TRAFFIC BRIEFS
Wire and Staff Reports |
RAIL DAMAGE PAY-OUTS ROSE 3.6 PERCENT IN 1989Railroad pay-outs for freight and damage claims
PENSION FUND FILES SUIT AGAINST TRANSCON LINES
Leo Abruzzese |
One of the nation's largest pension funds filed suit in federal court in Los Angeles to force Transc
CONGRESS RENEWS PUSH FOR TEXTILE IMPORT BILL
Doug Palmer |
A bill to restrict U.S. textile imports, twice vetoed by former President Ronald Reagan, is again ga
GREG JOHNSON'S MANAGING TRAFFIC
Greg Johnson |
INTERMODALISM WAS ON EVERYBODY'S MIND at this week's National Association of Rail Shippers' annual m
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