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FEDEX PILOT UNION NAMES NEGOTIATOR AS PRESIDENT
JOC Staff |
Unionized pilots at Federal Express Corp. elected a member of their negotiating committee as their n
US CRUDE OIL INVENTORIES INCREASE BY 6 MILLION BARRELS, API REPORTS
Journal Of Commerce Staff |
U.S. crude oil inventories rose more than 6 million barrels in the week ended Jan. 29, as compared w
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Feb. 3, 1999Prevailing sellers' posted prices at the close of business, representi
CANADIAN MINING TASK FORCE PRESCRIBES ANTI-BRE-X PILL
Gilbert Le Gras |
Two years after the biggest gold fraud this century exposed the failings of mining regulation in Can
SPOT PRODUCT PRICES
JOC Staff |
Feb. 2, 1999U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
FRANKLIN IN PROXY FIGHT TO DEFEAT MERCER PLAN
JOC Staff |
Franklin Mutual Insurance Co. has launched a proxy fight to defeat the demutualization of Mercer Mut
*BALTIC FREIGHT INDEX
JOC Staff |
803 (Feb. 2, 1999) Previous day - 816The Baltic International Freight Futures Market in Lond
Maritime
REPORT SHOWS CLOSING GAP IN POORER EU REGIONS
JOC Staff |
The European Union reported growing success for its $339 billion development program to boost the ec
Maritime
GOODYEAR, SUMITOMO FORM GLOBAL ALLIANCE
JOC Staff |
Tire giants Goodyear and Sumitomo Rubber Industries Ltd. Wednesday announced a global alliance in wh
Maritime
IMF, BRAZIL COMPLETING FISCAL TALKS
Thierry Ogier |
The deputy general director of the International Monetary Fund will complete talks Thursday in Brazi
QUOTE TO NOTE
Kevin Harris, International economist, McCarthy, Crisanti & |
'Now the question is can he manage?'
Maritime
FOR 24-HOUR NEWS, TRY WWW.JOC.COM
JOC Staff |
To learn what's happening in the fast-changing world of insurance, 24 hours a day, call up The Journ
SINGAPORE SEEKING GUARANTEE INSURERS
P.T. Bangsberg |
Singapore, already the regional capital for reinsurance, is pushing for more financial guarantee ins
WE'RE AWASH IN A SEA OF MERGERS AND ACQUISITIONS, WITH MORE SURELY TO COME
Slot Watch - Paul Richardson |
iased as it may sound, no other industry in the transportation world commands as much attention as s
Maritime
IRELAND'S APPLE COMPUTER PLANT TO SHED 450 JOBS
JOC Staff |
Apple is to close its manufacturing plant in Cork, Ireland, with the loss of 450 jobs, the company a
Maritime
BIPARTISAN GROUP OF SENATORS PRESS FOR CARIBBEAN ECONOMIC PACKAGE
William Roberts |
A bipartisan group of influential senators is pushing an economic assistance package for the Caribbe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
PILOTS LOCKED IN CANAL DISPUTE
Emma Griffiths |
An acrimonious labor dispute at the Panama Canal Commission could lead to the use of less-experience
Maritime
CUSTOMS MAY EXPAND SYSTEM TO CLEAR APPAREL
Paula L. Green |
U.S. Customs may end up expanding a quota pre-processing system that has been clearing many apparel
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 2, 1999 Brent Crude Oil - (Dollars Per Barrel)
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of Feb 3, 1999Quotations are based on prices reported in the market or obtained from supp
SPOT COMMODITIES
JOC Staff |
Feb. 3, 1999Included are list prices of suppliers. Quotations do not necessarily represent p
CHUBB REPORTS EARNINGS FELL IN FOURTH QUARTER
From Wire and Staff Reports |
Chubb Corp.'s net income, which includes realized investment gains, was $157.6 million for the last
CLASS ACTION LAWSUIT FOCUSES ON ALLSTATE CLAIM CAMPAIGN
Ronald Gift Mullins |
A Cook County, Ill., judge has allowed a lawsuit against Allstate Insurance and its ''Do I Need An A
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Mar. 27 - Feb. 3, 1999 (a graph)* Annual
SENATORS URGED TO BACK POLICY CHANGES FOR RAILS
JOC Staff |
A group of 15 organizations whose members ship goods by rail urged the leadership of the Senate Comm
GROWING US EXPORTS: GOLD
Global Trade Information, Columbia, S.C.; The Journal of |
Only graph.
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 189.52 off 0.22 wh
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - Feb. 1, 1999 OPEN INTEREST AND SALES - Jan. 29, 1999All life-of-co
MONEY POURED INTO CHILE'S BANK AND ITS INSURANCE SECTORS IN '98
From Wire And Staff Reports |
Chile's banking and insurance sectors saw strong foreign investment last year, with $716.3 million i
ABN AMRO BANK LINKS EURO, DOLLAR IN ONE-STOP GLOBAL CLEARING PRODUCT
Financing Trade - Gordon Platt |
ith the launch of the euro, ABN AMRO Bank customers can maximize cash flow, improve liquidity and
EU CONFIRMS TRADE DEAL WITH SOUTH AFRICA
JOC Staff |
European Union negotiators reached a proposed compromise on an agreement with South Africa to cut ta
Maritime
VENEZUELA'S NEW PRESIDENT DECLARES ECONOMIC EMERGENCY
Wire And Staff Reports |
Venezuela's President Hugo Chavez used his inaugural speech Tuesday to declare an economic emergency
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
MAERSK ADMITS INTEREST IN BUYING SAFMARINE
Paul Richardson |
Maersk Line has confirmed that it is interested in buying Safmarine, the South African carrier that
CELADON GROUP'S PROFIT TUMBLED IN QUARTER
JOC Staff |
Celadon Group Inc. earned $200,000, or 2 cents a share, on revenue of $69.4 million in its fiscal se
US STEEL MILL FILES CHAPTER 11 SECTOR DEMANDS IMPORT LIMITS
Jack Lucentini |
The U.S. steel industry is renewing calls for further restrictions on steel imports, following Genev
Maritime
MEXICO CLAIMS US HOGS PIG MARKET, SETS PRICE FLOOR
DANIEL J. McCOSH |
Mexican penalties imposed this week against U.S. exports of live hogs amount to another case of Mexi
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 1, 1999 Brent Crude Oil - (Dollars Per Barrel)
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