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SPOT PRODUCT PRICES
JOC Staff |
May 11, 1988 U.S. spot oil products price indications, sellers range, in cents per gallon, f
REFINERY REPAIRS TO CUT BRAZIL'S GASOLINE EXPORTS
Journal of Commerce Special |
Brazilian state oil company Petrobras said it will reduce its exports of gasoline to the United Stat
CHEMICAL MARKETS
Journal of Commerce Staff |
Occidental Hikes Caustic Soda PriceOccidental Chemical Corp. announced a $30-a-ton increase
WILMINGTON TRADE ZONE EXPANDED
Journal of Commerce Staff |
The entire terminal complex at the Port of Wilmington, N.C., has been designated a foreign trade zon
Maritime
COST OF CREDIT
JOC Staff |
Wed., May 11, 1988 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U.K
UK BIG BACKER OF IMF PROGRAM
(Ap) |
The British government on Wednesday formally agreed to contribute to a new lending facility of the I
HIGHER PRICES PROMPT BATTERY MAKER'S PLANS FOR CADMIUM SURCHARGE
Howard Simon |
Higher base metal prices are putting pressure on at least one industrial user of nickel and cadmium
INDUSTRIAL PRICE INDEX
JOC Staff |
Daily Index Textiles Metals Misc.Smoothedpercent Change, -0.16
AGRICULTURAL TRADE LEADS
Supplied by U.S. Department of Agriculture |
Cotton and products Quantity: 1,500 mt. Quality: 1'1/8 to 1'3/32 - micronaire 3.8 to 4.2 - I
FMC CORP. WINS SOVIET CONTRACT
Journal of Commerce Staff |
FMC Corp.'s Food Machinery Group said it signed a contract with the Soviet Union to provide machiner
ECONOMIST SAYS US MUST REVISE POLICY TO AVOID WORLD RECESSION
Richard Lawrence |
Central banks of the major industrial nations may spend as much as $100 billion in foreign exchange
SYSTEM SPEEDS RATING, ROUTING OF COMMODITIES
Kevin Commins |
Users of large computer system will be able to more quickly and easily calculate international rates
COMPUTERS PROVE TO BE BOON, NOT BANE FOR CUSTOMS BROKERS
Douglas C. Harper |
Customs brokers saw signs of oncoming doom when the U.S. Customs Service began pushing for full-scal
SHARON TO BUY COKE OVENS FROM WHEELING-PITTSBURGH
Tim Sansbury |
Sharon Steel Corp. will take over Wheeling-Pittsburgh Steel Corp.'s idle Monnessen steelworks in an
INJUNCTION BID WEIGHED ON ICELAND MSC CARGO
WILLIAM DiBENEDETTO |
Harold H. Greene, a federal judge for the District of Columbia Circuit, says the Military Sealift Co
Maritime
PEOPLE - AVIATION LYDEN NAMES HAWAII MANAGER
Wire and Staff Reports |
Lyden Air Freight appointed Terry Poland terminal manager in Honolulu. He will oversee all Lyden ope
Air Cargo
FUEL OIL, GASOLINE STOCKS DOWN
Journal of Commerce Staff |
Supplies of distillate oil and gasoline declined moderately last week, according to the American Pet
AUSTRALIA SEES CHANCE TO SELL COAL TO GERMANS
Andrea Chancellor |
Broken Hill Proprietary Co., the Australian natural resources group, said it sees a chance to become
PLASTICS CORNER DEMAND RISING FOR THERMOSETS
Journal of Commerce Staff |
Thermoset resins demand in the United States is projected to increase 3.4 percent yearly to 11.4 bil
BAYER POSTS 11 PERCENT INCREASE IN 1ST QUARTER PRETAX PROFIT
Erich E. Toll |
Bayer AG, the West German chemicals group, said pretax group profit rose 11.2 percent to 795 million
LIQUOR SHIPPING BILLS SLASHED
Rose A. Horowitz |
Consumers probably won't see immediate results, but the makers of Dom Perignon champagne and other w
EXPORT BRIEFS
Wire and Staff Reports |
Yugoslavs to Liberalize Imports, Revise TaxesBELGRADE, Yugoslavia - Premier Branko Mikulic s
Maritime
FINANCIAL BRIEFS
Wire and Staff Reports |
Yugoslavia Says Banks Fail to Supply SupportBELGRADE, Yugoslavia - The communist government
BIG BANKS LEAD MOVE TO HIGHER PRIME RATE
Gordon Platt |
Major U.S. banks led by Chase Manhattan Bank raised their prime lending rate a half percentage point
LABOR URGES INCLUSION OF PLANT CLOSINGS NOTICE
Journal of Commerce Staff |
To the workers surrounding Democratic congressional leaders at Wednesday's combination rally and new
NEWS SUMMARY
JOC Staff |
AIR CARGO Competitors don't seem to be following CF Airfreight's move to selectively increas
US, CHINA SIGN PACTS ON TRADE
Journal of Commerce Staff |
The United States and China Wednesday signed several agreements designed to promote sales of U.S. me
CORRECTION
JOC Staff |
According to a Tuesday speech by William R. Rhodes, group executive at Citibank, Brazil's government
HOUSING COMPLETIONS ROSE 8.7 PERCENT IN MARCH
Knight-Ridder Financial |
U.S. housing completions rose 8.7 percent in March to a seasonally adjusted annual rate of 1.57 mill
TRAFFIC BRIEFS
Wire and Staff Reports |
ICC Votes to Deny Extension for GuilfordThe Interstate Commerce Commission has rejected a bi
Trucking News
ICC SUPPORTS ANSCHUTZ IN FINANCIAL DATA ISSUE
Howard S. Abramson |
The Interstate Commerce Commission has ruled that Philip F. Anschutz doesn't have to reveal personal
Rail News
GERMANS FEAR SUDDEN CHANGE WILL HARM DOMESTIC INDUSTRY
Erich E. Toll |
The European Community's trucking quarrel moved to the highest echelon Wednesday as West German Chan
Trucking News
TRANSPORT CALENDAR
JOC Staff |
Women's Transportation Seminar, annual conference, May 11-13. Marriott Centre City, Minneapolis, Min
Air Cargo
CASTLE GATE ABANDONS SPOT MARKET
Tim Sansbury |
A Utah subsidiary of Amax Inc., the nation's third largest coal producer, is bidding farewell to the
COAL BRIEFS
Wire and Staff Reports |
Egyptian Firm Seeks Bids for Coal TransportStar Trading & Marine Inc. of Washington, on beha
CHEMICAL BRIEFS
Wire and Staff Reports |
Novo Agrees to Buy ZymoGenetics Inc.BAGSVAERD, Denmark - Novo Industri A/S and ZymoGenetics
TACOMA BOAT SHOWS TRIPLING OF INCOME
Journal of Commerce Staff |
Tacoma Boatbuilding Co. reported net income of $31,000 for the quarter ended March 31, 1988, on reve
Maritime
US INSURERS SEEK TO OPEN DOORS IN ASIA DELEGATION GOING TO CHINA TO PROMOTE STRONGER TIES
Laura Raley Borda |
A delegation of U.S. insurance industry representatives is going to China this week to teach about t
IN ASIA, WIND AND EARTH JOIN STARS TO AUGUR FUTURE
P.T. Bangsberg |
While many Americans blink in disbelief at suggestions that the First Family puts store in the stars
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Singapore Protests 'Meddling' by the USSingapore's second deputy prime minister said Wednesd
Maritime
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