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SPOT PRODUCT PRICES
JOC Staff |
Jan. 9, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
DU PONT TO INVEST IN SINGAPORE PLANTS
Jacob Daniel |
E.I. du Pont de Nemours & Co. is kicking off its previously announced regional investment drive with
CARRIER AIMS TO REDUCE REFRIGERANT EMISSIONS
(Ap) |
Carrier Corp., the world's largest maker of cooling systems and equipment, announced it would spend
WORKING RIG COUNT FALLS BY 13 TO 1,029
(Ap) |
The number of working U.S. oil and gas rigs dropped for the third straight week, falling by 13 rigs
COMMODITY BRIEFS
From Wire and Staff Reports |
US TRADE AID: NO DATE FOR USSR GRAIN TALKSORLANDO, Fla. - Contrary to statements by U.S. Tra
WHOLESALE FUEL OIL PRICES POST DRAMATIC DECLINES
Sam Glasser |
As evidence that supply pressures on home heating oil have eased for the time being, wholesale price
US SEEN VICTOR IN SUGAR QUOTA BATTLE WITH EC OFFICIAL GATT RULING AWAITED
Knight-Ridder Financial |
U.S. sugar industry officials say an international trade panel apparently has ruled in favor of the
UAE MINISTER WOULD OK OUTPUT HIKES
From Wire Reports |
Members of the Organization of Petroleum Exporting Countries have a right to produce as much oil as
DURIRON CO. SELLS EUROPEAN PLASTICS UNIT
Journal of Commerce Staff |
Duriron Co. said it sold Janssens plastics subsidiary to Performance Plastic Products, a subsidiary
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/9 1/8
PRICE CONTROLS TERMED UNLIKELY
(Ap) |
Rep. Philip Sharp, D-Ind., House Energy and Commerce subcommittee chairman, warned consumers not to
COAL BRIEFS
Wire and Staff Reports |
CONSUMPTION FORECAST TO HIT 1 BILLION TONSU.S. coal consumption in 1990 will reach 1 billion
SHIP INDUSTRY BACKS CLOSING OF LOOPHOLE IN JONES ACT DOES FUEL OIL BLENDING CREATE NEW PRODUCT?
WILLIAM DiBENEDETTO |
A proposed change to the Customs Service's policy on fuel oil blending operations would close a nett
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Jan. 9, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1644 (Jan. 9, 1990) Previous day - 1637 The Baltic International Freight Futures Market in L
Maritime
PEOPLE - AVIATION
Wire and Staff Reports |
LOCKHEED CORP. (Calabasas, Calif.) - Walter E. Skowronski was appointed staff vice president, invest
Air Cargo
EUROTUNNEL 'NEARS ACCORD' ON PROJECT'S COST OVERRUNS
Journal of Commerce Staff |
Eurotunnel, the Anglo-French Channel Tunnel group, said Tuesday it is ''getting closer to a deal" wi
Rail News
TRAFFIC BRIEFS
Wire and Staff Reports |
HIGH COURT LETS STAND SLURRY LINE DECISIONThe Supreme Court Monday let stand a lower court d
Rail News
SINGAPOREAN SUBSIDIES CHALLENGED
Journal of Commerce Staff |
Imports of computer-aided software engineering products from Singapore are being subsidized by the S
Maritime
PHILIPPINES EXPECTS JUMP IN US TEXTILE QUOTA FOR '90
John Williamson |
Trade Secretary Jose Concepcion is confident the Philippines will win a $1.5 billion increase in its
Maritime
WATER RISE AIDS MISSISSIPPI
Dave Higdon |
Rising waters on the Mississippi River above St. Louis renewed traffic flow and trimmed a backlog of
Rail News
IMPORT BRIEFS
Wire and Staff Reports |
TIN PRODUCERS MAY CUT EXPORTSKUALA LUMPUR, Malaysia - The Association of Tin Producing Count
Maritime
POSTAL SERVICE SEEKS MORE BULK CARRIERS
Journal of Commerce Staff |
In an effort to improve service, the U.S. Postal Service is seeking carriers to haul international s
Air Cargo
SHANGHAI OPENS JOINT VENTURE CONTAINER PLANT ACKON OF US PARTICIPATES
P.T. Bangsberg |
A multinational joint venture producing maritime containers formally opened for business Tuesday in
Maritime
GRAND TRUNK,ENGINEERS MAP DETAILS OF PACT
Lawrence H Kaufman |
A new three-year agreement between Grand Trunk Western Railroad and the Brotherhood of Locomotive E
Rail News
ECONOMIC DATA ABROAD
Wire and Staff Reports |
MEXICO LIVING COST RISE IS LOWEST IN 11 YEARSMexico's year-end cost of living index rose by
US DOLLAR ENDS HIGHER ON TECHNICAL FACTORS
From Wire and Staff Reports |
The dollar rose Tuesday in what most dealers called a technical consolidation after recent weakness.
NEWS SUMMARY
JOC Staff |
* Gordon Platt - Credit Outlook 3A * EC 1992 Regulatory Roundup 5A* A.E. Cullison - Asia Vie
TOKYO STOCKS, YEN FALL ON POLITICAL RUMORS
From Wire Reports |
Tokyo stocks tumbled Tuesday on rumors linking the ruling Liberal Democratic Party to a stock scanda
US PLANS TO SELL BONDS TO MEXICO
From Wire Reports |
The Treasury Department plans to sell long-term bonds to Mexico to help it reach a new agreement on
CHINA PLANS CUTBACK IN LOCOMOTIVE IMPORTS
P.T. Bangsberg |
Officials in China say they will restrict imports of locomotives because the domestic industry now i
Rail News
DIVERSE INDUSTRY-GOVERNMENT VIEWS DELAY WHITE HOUSE SUBSIDY PLAN
WILLIAM DiBENEDETTO |
The continuing lack of an industry-government agreement on maritime subsidy re- form will delay Bush
Maritime
COST OF CREDIT
JOC Staff |
Tue., Jan. 9, 1990 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
GORDON PLATT'S CREDIT OUTLOOK
Gordon Platt |
CREDIT RATIONING HAS REAPPEARED in the United States for the first time in 15 years and is acting as
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PEOPLE - MARITIME
From Wire and Staff Reports |
LYKES BROS. STEAMSHIP CO. (New Orleans) - George Vlahos was named area sales manager, Southeast sale
Maritime
S. KOREAN LINES POST MIXED '89 RESULTS PROFITS AVERAGE 9.9 PERCENT INCREASE
Robin Bulman |
South Korea's six principal ocean shipping companies notched up an aggregate 9.9 percent increase i
Maritime
SOVIETS URGE BIG OVERHAUL OF COMECON
(Ap) |
The Soviet Union Tuesday proposed that the Comecon trading bloc begin trading on a hard currency bas
PANAMA BANK RECORDS OPENED TO US PROBERS
Orlando Sentinel |
The fall of Gen. Manuel Noriega's government in Panama has opened the way for U.S. investigators to
FINANCIAL BRIEFS
Wire and Staff Reports |
US CURBS LOANS TO FOREIGN GOVERNMENTSThe Office Comptroller of the Currency Tuesday limited
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