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COMMODITY BRIEFS
From Wire and Staff Reports |
AUSTRALIA REPEATS CALL ON KOREAN BEEF MARTSEOUL, South Korea - Australian Minister for Prima
CME SEEKS JAPANESE NOD ON ELECTRONIC TRADING SYSTEM
Journal of Commerce Staff |
The Chicago Mercantile Exchange is hoping to win official Japanese government approval to allow it t
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
PANEL HITS INTERVENTION IN CURRENCY MARKETS POLICY CALLED COSTLY TO US
Knight-Ridder Financial |
A group of economists urged both the U.S. Treasury and the Federal Reserve Board to halt their inter
FINANCIAL BRIEFS
Wire and Staff Reports |
INDOSUEZ LAUNCHES PHILIPPINE FUNDHONG KONG - Indosuez Asia Investment Services launched a $5
MALAYSIA COCOA BEAN CROP SEEN 15 PERCENT BELOW FORECAST
Knight-Ridder Financial |
Malaysia's 1988-89 (October-September) cocoa bean output is lower than earlier projected and final f
TIN PRODUCERS, CONSUMERS PLAN TO RESOLVE DEBT ISSUE
Knight-Ridder Financial |
Members of the defunct International Tin Council hope to resolve the debt arising from the council's
1992 - THE EUROPEAN COMMUNITY ROUNDUP
(Ap) |
There is no reason why a single European market cannot be achieved by 1992 despite difficulties invo
Maritime
RAINS IN CALIFORNIA THREATEN VALUED EXPORT COMMODITIES DAMAGE TOTAL MAY EXCEED $40 MILLION
Mark Magnier |
California's dancing raisins may need swimming lessons if the state's skies don't clear soon.
Maritime
AX HITS LOGGING JOBS AS JAPAN CUTS DEMAND
John Davies |
Plans to scale back sawmill hours in Japan are causing almost 1,000 layoffs for loggers in western W
PUBLISHER'S NOTEBOOK
Don C. Becker |
The leaders of America's major shipping lines were in high spirits last Friday at the annual Admiral
BROKERAGE FIRM FORECASTS CONTINUED FREIGHT RATE RISE
Staff Report |
Freight rates for bulk carriers and tankers will probably continue their upward climb of the last th
Maritime
JAPAN, US SPLIT ON STEEL QUOTA
From Wire Reports |
Japan and the United States failed to reach an agreement Tuesday on setting a new quota for Japan's
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Sept. 19, 1989 Baltic International Freight Futures MarketPreClose High Low
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
FOUR CALIF. INSURERS TO AIR ROLLBACK WOESCalifornia Insurance Commissioner Roxani Gillespie
FLUOROPOLYMER USE MAY DROP
Journal of Commerce Staff |
Plenum wire and cable is by far the largest market worldwide for melt- processabl e fluoropolymers,
INTERNATIONAL BRIEFS
From Wire and Staff Reports |
BRITAIN'S FERRANTI NEGOTIATES RESCUEFerranti PLC, a British defense equipment and electronic
Maritime
MULTI-ROUTE SHIP CARGO CONTRACTS UNLIKELY TO PROLIFERATE
Allen R. Wastler |
A five-year shipping contract involving one of the world's largest manufacturers, E.I. du Pont de Ne
SPOT PRODUCT PRICES
JOC Staff |
Sept. 19, 1989 U.S. spot oil products price indications, sellers range, in cents per gallon,
MAHER TERMINALS DEDICATES MODERNIZED FACILITY IN NJ
David F. White |
As straddle carriers growled back and forth and trucks rumbled on their way, more than 300 labor, ci
Maritime
IBM VOWS MAJOR ROLE IN SOFTWARE ENGINEERING
(Ap) |
International Business Machines Corp. said Tuesday it would make 20,000 experts available worldwide
APL SEEKS MARAD NOD TO BROADEN CHINA SERVICE
William Armbruster |
China Ocean Shipping Co. is not the only carrier planning to expand service between China and the Un
Maritime
BELGIUM'S CMB EXPECTS EARNINGS HIKE OF 20 PERCENT-25 PERCENT
Journal of Commerce Staff |
CMB, Belgium's largest shipowner, reported consolidated net profit of 1.24 billion Belgian francs ($
Maritime
NRC OKS LILCO'S SHOREHAM PREPARATIONS
(Ap) |
The Nuclear Regulatory Commission does not see a "regulatory need" to stop the Long Island Lighting
CORRECTION
JOC Staff |
The name of White House Chief of Staff John Sununu was misspelled in the Maritime Briefs section of
Maritime
FAA TO STUDY VERTIPORTS FOR NORTHEAST CORRIDOR
Michael S. Lelyveld |
In what may be a signal of future national transportation policy to ease airport congestion, the Fed
Air Cargo
SAI GROUP, HOOGE HUYS ANNOUNCE CLAIMS SETTLEMENT
Journal of Commerce Staff |
SAI Group Inc. last week said it has reached an agreement settling all claims that its largest share
TRADE GAP WITH JAPAN MAY EASE
Anita Schrodt |
The huge trade imbalance between the United States and Japan should ease considerably in the 1990s,
Maritime
HONG KONG BANK LAYS GROUNDWORK FOR A MOVE
P.T. Bangsberg |
Shareholders of Hongkong & Shanghai Banking Corp. overwhelmingly approved Tuesday a move to change i
ZIM PRESIDENT SAYS HALIFAX PORT NEEDS DOUBLE-STACK TRAIN
Leo Ryan |
The Port of Halifax needs a double-stack container train service to remain competitive with other Ea
Rail News
HURRICANE HUGO SPURS SUGAR PRICE DECLINE
Howard Simon |
Trade sentiment that Puerto Rico's sugar cane crop was spared Hurricane Hugo's destructive force and
NEWS SUMMARY
JOC Staff |
* Albert L. Kraus - Markets and Money 3A * Import Quota Watch 4A* Commodity Research Bureau:
EDI EXCHANGE
Tony Seideman |
TALK COULD MEAN MONEY A battle is shaping up within the National Customs Brokers and Freight
OFFICIAL SAYS US WOULD SUPPORT RESCHEDULING SOME POLISH DEBT CREDITORS MEET WEDNESDAY
(Reuters) |
The United States, in another expression of support for Poland, is ready to back a partial reschedul
ALBERT L. KRAUS - MARKETS AND MONEY
Albert L. Kraus |
HIGH INTEREST RATES: IS IT POSSIBLE that, contrary to all conventional wisdom, they have been a majo
RYAN-WALSH STEVEDORING KEEPS MILITARY CONTRACT
Craig Dunlap |
Ryan-Walsh Stevedoring Co. retained its contract to handle military munitions at the Sunny Point (N.
Maritime
IMF APPROVES SUPPORT FOR GABON
From Wire Reports |
The International Monetary Fund has approved a stand-by arrangement for the government of Gabon, aut
US INSURERS KEEPING HURRICANE WATCH
Gordon Platt |
As Hurricane Hugo bore down on Puerto Rico Monday with 130 mph winds, analysts here said the U.S. in
EXPORT BRIEFS
Wire and Staff Reports |
DIRECTORY PUBLISHED TO AID US EXPORTERSThe National Federation of Export Associations has pu
Maritime
MARKET-SHARE COMPETITION WITHIN OPEC WILL PERSIST, KUWAITI OIL MINISTER SAYS
From Wire Reports |
Kuwaiti Oil Minister Sheikh Ali Khalifah al-Sabah said in remarks published Monday that he sees no e
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