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BRAZIL'S COCOA YIELD NOT LIKELY TO GROW FROM 1989-90 LEVELS
Tom Murphy |
Brazil's 1990-91 (May-April) cocoa crop will likely total roughly the same level as last year, refle
FOREIGN EXCHANGE TRADERS MOVE INTO US DOLLAR AS 'SAFE HAVEN'
Knight-Ridder Financial (Howard Simon in New York contributed |
The Iraqi invasion of Kuwait revived the flagging U.S. dollar, spurring it sharply higher against al
OIL TURMOIL IS NO BOON FOR COAL, SUPPLIERS SAY
Tim Sansbury |
Coal suppliers said Thursday they are not suddenly sitting atop gold mines as a result of Iraq's inv
SHELL UK REMOVES STRIKERS FROM NORTH SEA OIL RIGS
Knight-Ridder Financial |
Shell UK Exploration and Production is flying back to shore workers involved in wildcat strike actio
PANEL CLEARS BILL LIMITING SUBSIDIZED LINER OPERATIONS
Journal of Commerce Staff |
A Senate committee this week cleared legislation that sets restrictiveentrance standards for
Maritime
FOREIGN EXCHANGE
JOC Staff |
Quotations are offered rates of New York city banks relating to currency transfers of $1 million or
COMEX METAL WAREHOUSE
JOC Staff |
Aug. 2, 1990 Copper Total, 11,429. Gold Total, .1,529,648.Silver Total, .252,569,137.
NEW YORK OIL OPTIONS
JOC Staff |
New York Mercantile Exchange Aug. 1, 1990CRUDE OIL(1000 barrels; dollars and cents p
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Aug. 2, 1990Dubai Crude Oil(Dollars Per Ba
CANADIAN STEELMAKERS BRACE FOR LONG STRIKE
Leo Ryan |
Canadian steelmakers are bracing for a long strike after workers at two leading manufacturers walked
Maritime
TRADE BRIEFS
Wire and Staff Reports |
EC TO OPEN DOORS TO GOVERNMENT BIDSThe European Community unveiled a far-reaching plan Thurs
Maritime
CHINESE BACKLOG OF EXPORTS HITS $5 BILLION MARK
P.T. Bangsberg |
The backlog of exports from China was nearly $5 billion at the end of June, a senior trade official
Maritime
ACCOUNTANT SAYS COMPANY CONTROLLED CONTRA SUPPLY
Fort Lauderdale News & Sun-Sentinel |
More than half of the $6 million channeled to the secret contra resupply operation in the mid-1980s
JAPAN FUTURES EXPAND CORN FUTURES EXCHANGE PLANNED IN SPRING 1991
A.E. Cullison |
A commodity futures exchange for corn will be opened in the Japanese capital in the spring of next y
ALLIED-SIGNAL TO BUILD FRENCH POLYESTER UNIT
Pei-Tse Wu |
Allied-Signal Inc. said Thursday it will build a new plant in Longwy, France, to manufacture polyest
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
REPLICAS OF 3 CARAVELS OF COLUMBUS SET SAILHUELVA, Spain - Replicas of the three ships used
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 2, 1990Brent Crude Oil(Dollars Per Barrel)
SOVIETS WANT TO LAUNCH ROCKETS FROM US CAPE
Orlando Sentinel |
The nation's space program will soon find out if it is ready for ''perestroika. " For the fi
Maritime
TANKER OWNERS CAN'T YET DECIDE HOW TO RESPOND
Janet Porter |
Reports reaching London indicated that Kuwait's ports operated normally in the first hours after the
INSURANCE BRIEFS
Wire and Staff Reports |
MOHAWK RESERVATION GETS LIABILITY COVERALBANY, N.Y. - The St. Regis Indian Reservation, whic
AIRLINES AVOID SERVICE TO WAR-TORN REGION
Journal of Commerce Staff |
Foreign-flag airlines are serving neither Iraq nor Kuwait, following Iraq's invasion of its neighbor
HOUSE-SENATE PANEL TO TACKLE FARM BILL COST SAVINGS TOUGH TASK
Knight-Ridder Financial |
A House-Senate conference is expected to convene sometime in September, now that both houses of Cong
HILLS SAYS GATT ODDS LITTLE BETTER THAN 50-50
Keith M. Rockwell |
The prospects for an agreement in the ongoing and highly contentious round of multilateral trade tal
FREIGHT RATE FUTURES
JOC Staff |
Aug. 2, 1990 Baltic International Freight Futures MarketPreClose High Low
Maritime
INDIA BECOMES MAJOR DEBTOR, REPORT SAYS
T.S.K. Lingam |
As the rupee's value falls and India's reliance on commercial borrowing increases, the country is ra
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 26, 1990 Prices in the spot chemicals table in clude spot quotations or list pric
US FIRMS COULD FEEL IRAQ IMPACT
Journal of Commerce Staff |
Iraq's invasion of Kuwait and the subsequent U.S. ban on trade with Iraq could threaten key Mideast
OCEAN CARRIERS AVOID CLASH OF ARMS
Alan Abrams |
Steamship lines were fortunate enough to not have their ships docked in Kuwait when Saddam Hussein's
GASOLINE PRICES RISE IN NY
Journal of Commerce Special |
Gasoline prices across New York rose modestly during the last half of July, resuming an upward trend
SPOT PRODUCT PRICES
JOC Staff |
Aug. 2, 1990 U.S. spot oil products price indications, sellers range, in cents per gallon, f
*SPOT METALS PRICES
JOC Staff |
Aluminum ingots- $1,715-$1,725 per ton lots & in warehouse min. 99.
US EXPORTERS FEAR LOST SALES
Paula L. Green |
Officials at Ford Motor Co. are prepared to divert a 50-vehicle shipment bound for Kuwait to another
SINGMARINE NET UP 49 PERCENT IN FIRST HALF
Journal of Commerce Special |
Singmarine Industries Ltd. chalked up a 49 percent increase in after-tax profit to S$9.7 million (US
Maritime
IRAQI SEIZURE OF KUWAIT LEAVES WEST FEW OPTIONS
Sam Glasser |
The United States and Saudi Arabia don't have many good options to deal with Iraq's invasion of Kuwa
MANAGING TRAFFIC
Greg Johnson |
SHIPPERS HAVE CONTINGENCY plans ready if a strike materializes at United Parcel Service. "If
IBM WILL FORM PRODUCTS FIRM
From Wire Reports |
International Business Machines Corp. said Wednesday it will form a new information products company
Maritime
DEBT SWAP ARRANGED BY MEXICO, JAMAICA
From Wire Reports |
Jamaica said Wednesday it and Mexico had agreed on a debt-equity swap program that will reduce the C
FINANCIAL BRIEFS
From Wire and Staff Reports |
MOODY'S MAY LOWER RATING FOR INDIAN DEBTMoody's Investors Service Inc. announced that it has
AKZO EARNINGS OFF FOR QUARTER
Journal of Commerce Staff |
Akzo NV reported lower earnings for the second quarter of 1990, due to a drop in vinyl prices and a
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