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FINANCIAL BRIEFS
Wire and Staff Reports |
KAIFU DUCKS SNEAKERS OVER GULF AID PLANAn embattled Prime Minister Toshiki Kaifu ducked oppo
LINES CAN'T QUENCH PORTS' THIRST FOR SEA-AIR CARGO COST ADVANTAGES FUEL WEST COAST DEMAND
Bill Mongelluzzo |
West Coast ports view sea-air cargo as a growth market limited only by the willingness of airlines t
CLEAN AIR ACT COULD BOOST DEMAND FOR GAS BY 13 PERCENT, ASSOCIATION SAYS
Tim Sansbury |
Demand for natural gas will increase by as much as 2.5 trillion cubic feet annually, or about 13 per
FEEDER CATTLE PRICE BREAK FORECAST DURING FIRST QUARTER OF THE YEAR
Marc Weinstein |
Feeder cattle prices are expected to come under selling pressure soon if the U.S. Department of Agri
API WEEKLY REPORT
JOC Staff |
Thousands of Barrels Week Week WeekEnded Ended Ended1-25 1-1
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Jan. 29, 1991CRUDE OIL(1,000 barrels; dollars and cents
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 30, 1991 Prices in the spot chemicals table include spot quotations or list price
ELECTRONIC STOWAGE SYSTEM UNVEILED
Janet Porter |
A computerized container stowage and bay plan networking system that should significantly reduce shi
INSURANCE BRIEFS
Wire and Staff Reports |
AMBASE CORP. PAYS ON DEFAULTED DEBTNEW YORK - AmBase Corp. Tuesday said it has made an $11 m
COST OF CREDIT
JOC Staff |
Wed., Jan. 30, 1991 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago1/30 1/29 Change % Change:
72 SHIPS ACTIVATED FOR GULF SO FAR
Journal of Commerce Staff |
The military call-up of cargo ships in the Ready Reserve Force reached a total of 72 vessels with th
Maritime
BLAST MAY BE MAJOR SETBACK FOR SOVIET CHEMICAL INDUSTRY
Pei-Tse Wu |
The giant explosion at a huge petrochemical complex in the Soviet Union could be a major setback for
WOOL DEMAND SEEN DECLINING
Knight-Ridder Financial |
Worldwide wool demand will continue to fall this year because of declining economic growth and the P
ENERGY BRIEFS
Wire and Staff Reports |
IRAQ PUMPING MORE OIL INTO GULF, SOURCES SAYLONDON - Iraq started pumping more crude oil int
BUNKER PRICES START TO FALL IN SINGAPORE
Knight-Ridder Financial |
The bottom has dropped out of the fuel oil market in Singapore and bunker prices must follow soon, a
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 215.21 up 0.43 which compares w
FMC TELLS SHIP LINES: NO BLANKET RATE HIKES
WILLIAM DiBENEDETTO |
Christopher L. Koch, chairman of the Federal Maritime Commission, said ocean carriers and conference
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Jan. 30, 1991 Prevailing sellers' posted prices at the close of business, represen
SHIP PACT SET
Journal of Commerce Staff |
Sea-Land Service Inc. and Maersk Line announced late Wednesday that they will start a joint service
GERMANS SAY EVIDENCE SHOWS SCUD INVOLVEMENT
Miriam Widman |
Evidence exists that shows German companies helped build and improve Iraq's Scud missiles, the Germa
Maritime
MC SHIPPING EARNINGS RECOVERED IN 4TH QUARTER
Journal of Commerce Staff |
MC Shipping Inc. said its eight-ship fleet was leased out more than 90 percent of the time during la
Maritime
PANAMANIAN SHIP CALLS PLUNGE IN NY
Journal of Commerce Staff |
The decline of Panama's shipping fleet in 1990 was reflected in Panamanian- flag ship traffic at the
Maritime
GROUPS VIEW ITALIAN INSURANCE SECTOR AS RIPE FOR CONQUEST
Rosy Nimroody |
Once the market is united in 1993, a citizen of the European Community will have the privilege to ch
SOVIET TURMOIL SEEN DETERRING US BUSINESS
Michael S. Lelyveld |
Experts fear that events of recent weeks have opened up a rift in U.S.-Soviet relations that may sou
THE ECONOMY
Wire and Staff Reports |
LEADING INDICATORS UP 0.1 PERCENT IN DECEMBERThe government's main economic forecasting gaug
UK LAUNCHES SECOND PHASE OF POWER SELL-OFF
From Wire Reports |
The British government launches the second phase of a 14 billion ($27.5 billion) sale of the electr
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
INDONESIA MIGHT CUT CRUDE OIL EXPORTSJAKARTA, Indonesia - Indonesia may cut oil exports in o
NY COMMISSION OKS GAS PIPELINE
From Wire Reports |
The New York State Public Service Commission decided to authorize construction of the proposed Empir
ASIAN FUTURES
JOC Staff |
Jan. 30, 1991 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
GASOLINE PRICES
JOC Staff |
Jan. 30, 1991 RESELLER Rack-Prices are in cents per gallonUnleaded Mid- Prem
*SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Jan. 30, 1991Dubai Crude Oil - (Dollars Per Barrel
DOUBTS ABOUND ON PACIFIC RATE HIKE
Allen R. Wastler |
U.S. importers and analysts doubt that ocean carriers moving goods from the Far East to North Americ
Maritime
GOLD PRICES SLUMP TO 3-MONTH LOW ON SOVIET REPORTS MARKETS IGNORE PERSIAN GULF CLASH
Howard Simon |
Gold prices sank Wednesday to a three-month low. Cash gold bullion hit a low of $365.25 an o
MARITIME BRIEFS
From Wire and Staff Reports |
SHIP CARRYING CEMENT TRANSITS SUEZ CANALCAIRO, Egypt - A Yemen-bound cargo ship carrying cem
Maritime
TACOMA PORT'S BOX GROWTH LAGGED EARLY EXPECTATIONS
Journal of Commerce Staff |
Ports in the Pacific Northwest may have handled maritime cargo with a higher total value than that p
Maritime
JAPAN'S GULF AID COULD POSTPONE US TRADE ACTION
John Maggs |
The Bush administration probably will postpone trade retaliation for restrictions on Japan's constru
PEOPLE - INSURANCE
Wire and Staff Reports |
AMERICAN WEST INSURANCE CO. (Greenwich, Conn.) - Lorens E. Johnson was named president of American W
PEOPLE - MARITIME
From Wire and Staff Reports |
GENERAL STEAMSHIP CORP. (San Francisco) - Gene H. Dieterle was named assistant vice president for th
Maritime
TINY SOUTH PACIFIC TAX HAVEN STRIVES TO RETAIN SQUEAKY-CLEAN REPUTATION
From Wire Reports |
Businessmen and officials in the idyllic Cook Islands are determined to keep this tiny nation's repu
Maritime
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