Section

Economy

Stories from the Economy desk, newest first.

A cargo card on the left showing a tanker still alongside the dock under a red stamp reading not loaded, with the figures 300,000 tons, 2,235,000 barrels, 13 h 25 min of American demand, first discharge november 12 and thirty-two days out, beside a tank card on the right headed the tanks, thursday, whose tank stands at 9.4 days in the ground with the bottom 6.1 days in amber marked for sale and a red band of 3.3 days above it marked nobody would sell, totalling 13,200,000 barrels in Ohio, Indiana and the Carolinas, over a red banner reading six times the cargo came out of tanks in Ohio and a gold band reading the rack fell eleven cents, nothing sailed.
The cargo is thirteen hours of demand and has not loaded. The three days that cleared the market were already in the ground.

Economy

The Russian Diesel Is Thirteen Hours Of American Demand And The Rack Fell Eleven Cents Before It Loaded, Because What Came Out Of The Tanks Was Six Times The Cargo

Douglas Merritt prices the cargo, prices the promise, and reports that the promise is worth eight and a half times the cargo for as long as the delivery date keeps receding.