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MAIL BOXES GETS $400,000 IN INSURANCE SETTLEMENT
From Wire Reports |
Mail Boxes Etc., headquartered in this California city, received $400,000 under a settlement agreeme
COAST GUARD TO BOLSTER NAVY EFFORT IN MIDEAST
TOM McNIFF Jr. |
Five Coast Guard boarding parties will be assigned to the Mideast to bolster the Navy's ability to i
GERMAN HIGH-SPEED TECHNOLOGY PICKED FOR CALIF. RAIL
Miriam Widman |
Bechtel Corp., contractor for a proposed high-speed rail linebetween Southern California and Nevada,
ARCO KEEPS GASOLINE FROZEN
(Ap) |
Atlantic Richfield Co. will keep a 12-day freeze on gasoline but raise prices for diesel and jet fue
CONSTRUCTION OUTLOOK REVISED DOWNWARD
From Wire Reports (AP) |
The outlook for U.S. construction contracting for 1990 has been revised sharply downward, but activi
DOLLAR DECLINES IN CHOPPY TRADING
From Wire and Staff Reports |
The U.S. dollar declined except against the yen Tuesday, as major European currencies were led highe
AVIATION BRIEFS
From Wire and Staff Reports |
AIRLINES TO DISCUSS INCREASING FUEL COSTSThe world's major airlines will meet in Geneva next
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA Autumn and Winter Fashion Gift Expo. Aug. 28-Sept. 10. Mexico City. Contact Ju
Maritime
WYSE TO SHIFT MANUFACTURING FROM HONG KONG TO TAIWAN
P.T. Bangsberg |
Wyse Technology Inc., a California maker of personal computers acquired late last year by Taiwan int
Maritime
ASIAN FUTURES
JOC Staff |
Aug. 21, 1990 JAPANFinancial FuturesJapanese Gov't BondsPer 10-year, 6% bond
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 20, 1990CRUDE OIL(1,000 barrels; dollars and cents
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
HOW TO USE: These trade leads are supplied through the World Trade Center NETWORK, a service of t
Maritime
WINCH HOLDING LIFEBOAT DUMPS CREW INTO SEA
(Ap) |
A winch holding a cruise ship lifeboat broke during a safety drill, dumping several crewmembers into
Maritime
TRAFFIC BRIEFS
From Wire and Staff Reports |
NORFOLK SOUTHERN SETS COAL-DUMPING RECORDNORFOLK, Va. - Norfolk Southern Corp. established a
IRAQ-BOUND CARGOES MARK TIME IN US GULF
Janet Plume |
Shiploads of cargo are in limbo across the Gulf of Mexico while shipping agents look for buyers othe
P&O CONTAINERS' HEAD SLAMS SHIPPER STANCE
Janet Porter |
A visit to one of the Chicago futures markets a few weeks ago brought home to Tim Harris, chairman o
UNITED ARAB SHIPPING TURNS OVER CONTROLS TO STAFF BASED IN DUBAI
David F. White |
With its executive staff trapped in Kuwait City by the Iraqi invasion, United Arab Shipping Co. (S.A
CRUDE FUTURES RISE ON NYMEX
From Wire Reports |
Oil prices remained volatile Tuesday on continued tensions in the Persian Gulf but fell from their m
PEOPLE - MARITIME
From Wire and Staff Reports |
ONAN SHIPPING LTD. (Seattle) - Joe Marci was named New York account executive for the freight forwar
Maritime
TAMPA STANDS FIRM ON NON-COMPETE PACT MANATEE WEIGHS GOING TO FMC
Janet Plume |
The Tampa Port Authority turned down a plea from officials of nearby Port Manatee to alter a propose
Maritime
EMERY WORLD WIDE WILL IMPOSE FUEL SURCHARGE AFTER LABOR DAY
Journal of Commerce Staff |
Emery Worldwide surely thought twice before deciding to implement a fuel surcharge on North American
LUFTHANSA MAY CANCEL DC FLIGHT FOR WINTER
Miriam Widman |
Lufthansa AG, West Germany's national airline, will likely cancel its recently launched Bonn-Cologne
HONG KONG OFFERS NEAR-COST LAND PRICES WIDER INDUSTRY BASE SOUGHT
Gordon Platt |
Hong Kong is wooing U.S. and other corporate investors with offers of below- market landprices in an
Maritime
KUWAIT: IRAQ MINED OIL REFINERIES, PORTS
From Wire Reports |
Kuwait has told the United Nations that Iraqi occupation forces have mined all Kuwait's vital state
Maritime
IRAQI TANKER UNLOADS AT ADEN
From Wire Reports |
An Iraqi tanker unloaded its cargo Tuesday at the Aden refinery, apparently the first Iraqi oil to s
Maritime
UNION CARBIDE UNIT TO BUILD DOW PLANT
Journal of Commerce Staff |
Dow Chemical Co. awarded a contract to Union Carbide Corp.'s Linde division to build a new on-site c
SLACK ETHYLENE DEMAND FORCES PLANT CLOSURE
Knight-Ridder Financial |
South Korea's second largest oil refiner and petrochemical company Yukong Ltd. shut down its naphtha
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 21, 1990Dubai Crude Oil(Dollars Per B
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Aug. 21, 1990Bid AskedCopper-G
NEWS SUMMARY
JOC Staff |
* A.E. Cullison - Asia View 8A * Don C. Becker - Publisher's Notebook 10A* Richard Malkin -
PUBLISHER'S NOTEBOOK
Don C. Becker |
After sweltering through early August's record heat in London, Copenhagen was delightfully cool.
PENTAGON, LIVERMORE WORK ON SOFTWARE FOR TRADE
Tony Seideman |
The Department of Defense is working with Lawrence Livermore National Laboratories to develop softwa
UTILITY OUTLOOK
JOC Staff |
This week: NEW ENGLAND: Public Service Co. of New Hampshire, Manchester, N.H.MID-ATLANTIC: N
US GASOLINE STOCKS SINK TO 1 DAY OVER MINIMUM
Knight-Ridder Financial |
U.S. nationwide gasoline inventories stand at only about one day's supply above the government's min
E. BLOC MANAGERS STUDYING IN WEST
(Reuter) |
Eastern European managers, keen to do business with Western partners, are hopeful that a summer spen
Maritime
SAFETY AGENCY PROPOSES TO FINE UPS $280,000
Leo Abruzzese |
The Department of Labor proposed nearly $280,000 in fines against United Parcel Service Inc. for "wi
WORLD WHEAT TRADE SEEN UNCHANGED IN 1990-91
Knight-Ridder Financial |
A record world wheat crop and the Iraq embargo should cause world wheat trade to be almost unchanged
OPERATIONS OK AT SAUDI GLYCOL PLANT
Knight-Ridder Financial |
The ethylene glycol plant in Jubail on Saudi Arabia's eastern coast is still operating normally, a s
SOVIETS LOSING A MILLION TONS OF GRAIN DAILY
From Wire Reports |
The Soviet Union is losing 1 million metric tons of grain a day during the harvest due to labor, tra
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 21, 1990 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 28.9
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