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GASOLINE PRICES
JOC Staff |
Nov. 5, 1998RESELLER RACK Unleaded Mid- Premium-Unlead Prem
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of November 5, 1998Quotations are based on prices reported in the market or obtained from
HONDURAS SEES AT LEAST 10 PERCENT COFFEE CROP LOSS
JOC Staff |
Damage to Honduras' coffee crop due to Hurricane Mitch is seen at about 10 percent, or 250,000 60-ki
KITTY HAWK REPORTS DIP IN EARNINGS
JOC Staff |
A delay in the delivery of two cargo aircraft cost Kitty Hawk Inc., as its third-quarter earnings dr
$600 MILLION LOAN EXTENDED FOR RUSSIA
JOC Staff |
The United States has extended a $600 million loan to Russia for the purchase of 1.5 million tons of
Maritime
CARRIERS TAP INTO BEER AS PRICEY IMPORTS RISE
Terry Brennan |
The growing popularity of higher-priced European beers among young U.S. professionals is generating
MASSACHUSETTS SANCTIONS STRUCK DOWN
Michael S. Lelyveld |
In a sweeping victory for trade interests, a federal judge has struck down as unconstitutional a Mas
EU, US CRITICAL OF PRE-EXPORT INSPECTIONS
John Zarocostas |
The United States and the European Union charge that the pre-export inspection requirements imposed
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeNovember 4, 1998 Brent Crude Oil - (Dollars Per Barrel)
ALCOA MARYLAND PLANT TO CUT ALUMINUM OUTPUT
JOC Staff |
Alcoa said it will reduce primary aluminum production at Eastalco Works in Frederick, Md., by 30,000
EX-COMMISSIONER TO ADVISE GOVERNOR
Ronald Gift Mullins |
The re-election of Texas Gov. George W. Bush was predictable, but Elton Bomer's resigning as state i
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
CHINA SAYS NATURAL GAS BONANZA TO DOUBLE CAPACITY
P.T. Bangsberg |
With new discoveries reported almost on a timetable, China says it will double capacity for natural
SPOT PRODUCT PRICES
JOC Staff |
Nov. 4, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
BANKBOSTON REALIGNS EMERGING MARKET AREA
JOC Staff |
BankBoston has realigned its Emerging Markets Sales, Trading & Research Group and its Asian operatio
Maritime
ROMANIA PLANS TO SELL SHARES IN BANC POST
Bridge News |
Romania's Banc Post general director Elena Petculescu said the State Ownership Fund will sell a 45 p
BRITAIN CUTS KEY INTEREST RATES TO BOOST ECONOMY
Wire And Staff Report |
The Bank of England shocked financial markets Thursday and sent the pound flailing by slashing its i
FRANCE REASSURES IVORIANS ON CURRENCY LINK
JOC Staff |
Senior French Treasury officials and company managers are visiting Abidjan to reassure Ivorians that
Maritime
SAUDI STUDY ON EXPANDING RAIL LINKS ON TRACK, MINISTER SAYS
Reuters |
A study on two proposed privately built railway lines in Saudi Arabia is in its final stages, the Sa
ALL NIPPON INCREASES JOB CUTS TO 900
JOC Staff |
All Nippon Airways Co. will cut a total of 900 jobs over the next 2 1/2 years, up from 200 job cuts
FERRY PASSENGERS DELAYED BY STRIKE
Associated Press |
About 1,000 people were stuck on a British ferry for more than an hour on Thursday, as striking Fren
Maritime
OBITUARY
Journal Of Commerce Staff |
Dawn Soto, 41, Anzdlreefer service supervisorFuneral services were held Wednesday for Dawn S
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Nov. 5, 1998Prevailing sellers' posted prices at the close of business, representin
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - November 4, 1998Prev. Life of Contr. Open Open High Lo
COURT UPHOLDS PARISE CONVICTION ON RACKETEERING
Jack Lucentini |
An appeals court has upheld last year's racketeering and bribery conviction of Louis Parise Jr., the
Maritime
AETNA REPORTS HEALTHY RETURN FOR THE QUARTER
JOC Staff |
Aetna Inc.'s third-quarter net income rose to $212.4 million from $117.8 million a year ago.
EU BAN ON BRITISH BEEF EXPORTS REMAINS
Associated Press |
Veterinary officials from five European Union countries have blocked a plan to significantly ease th
Maritime
HUNGARY AND ESTONIA IN FREE-TRADE PACT
JOC Staff |
Hungary and Estonia signed a free-trade agreement covering a wide range of industrial and agricultur
Maritime
ST. LAWRENCE AUTHORITY SETS CLOSING SEASON DATE
JOC Staff |
The St. Lawrence Seaway Management Corp. tentatively set Dec. 20 as the closing date for the 1998 na
WORLD TRADE CENTER LEADS
WTCA On-Line |
For further information:These trade leads are supplied by WTCA On-Line, a service of the Wor
BALTIC HANDY INDEX
JOC Staff |
821 (November 5, 1998) Previous day - 829The Baltic Exchange in London on Tuesdays and Thurs
Maritime
CARGO WATCH: PORT EVERGLADES
PIERS database. |
Key movements in 20-foot ocean container unitsJul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. A
Maritime
JOBLESS RATE CONTINUES TO DECLINE IN GERMANY
Associated Press |
Germany's unemployment rate fell for a second consecutive month in October, dropping to 10.1 percent
Maritime
FORWARDERS OPPOSE RULE CHANGE
Jack Lucentini |
Proposed changes to the 60-year-old law spelling out who is responsible for damaged ocean freight ar
CHRYSLER, DAIMLER DON'T PLAN MARKETING MERGER
JOC Staff |
Chrysler Corp. and its merger partner Daimler-Benz AG have no plans to combine their marketing depar
Maritime
PENN TREATY NET INCOME RISES OVER NINE MONTHS
JOC Staff |
Penn Treaty American Corp. reported that its third quarter net income rose to $5.1 million from $4.2
HORACE MANN LEARNS EARNINGS HAVE IMPROVED
JOC Staff |
Horace Mann Educators Corp. said its third-quarter operating income increased to $22.2 million from
US ENVOY HITS CANADA'S MAGAZINE AD POLICY
JOC Staff |
U.S. Ambassador to Canada Gordon Giffin said this week that the Canadian policy that makes it illega
Maritime
AMERICANS FIND THE SILVER LINING IN RUSSIA'S ECONOMIC TURMOIL
John Helmer |
Edward Bozaan is the King of the Bottom Fishers.When he was recently in Moscow for an inves
BALTIC FREIGHT INDEX
JOC Staff |
957 (November 5, 1998) Previous day - 958The Baltic International Freight Futures Market in
Maritime
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