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MEXICO'S MAQUILA PROGRAM COULD BE THE FIRST CASUALTY OF NAFTA ON JAN. 1, 2001
Customs Update - Steven S. Weiser & Ari L. Kaplan |
For decades, the trade of goods into and out of Mexico has benefited from the country's popular duty
LEACH TO REINTRODUCE SENATE BANKING REFORMS
JOC Staff |
House Banking Chairman Jim Leach, R-Iowa, said last week he plans to reintroduce his financial servi
CALENDAR
JOC Staff |
The JOC calendar is a detailed listing of upcoming events in transportation and logistics, regulatio
DON'T BANK ON IT
Ron Lent |
A survey to determine how effective banks are in selling insurance found that employees in two-third
EXPORT OPPORTUNITIES
The trade leads are generated from around the world on a daily |
The leads are classified and listed by their Harmonized System (HS) codes. U.S. firms should note th
TRADELEADS
JOC Staff |
The following trade leads appear exclusively in print in The Journal of Commerce. The leads are curr
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months.The Journal of Commerce
FUTURES TRADING/OPEN INTEREST AND SALES
JOC Staff |
FUTURES - October 15, 1998 OPEN INTEREST AND SALES - October 14, 1998All life-of-
TAX MEASURE ADDED TO SPENDING BILL
From Wire Reports |
An extension to a tax provision has been added to a major spending bill that is expected to pass Con
CHEMICAL PRICES
Compiled by Claire Jaekel, Journal of Commerce Chemical |
As of October 16, 1998Quotations are based on prices reported in the market or obtained from
WEAPONS BAN COULD BE HAZARD TO CHEMICAL FIRMS
John Zarocostas |
Chemical manufacturers fear a global verification plan to ban biological weapons could prove costly
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 205.07 up 0.30 w
INSURANCE GROUP CHIEF SLAMS BANK ENTRY
Courtney Tower |
Canada's six national chartered banks must not be allowed to sell insurance out of their thousands o
SPOT COMMODITIES
JOC Staff |
October 16, 1998Included are list prices of suppliers. Quotations do not necessarily represe
HONG KONG EXPORT INSURER REPORTS CLAIMS SOARED 92 PERCENT IN FISCAL YEAR
P.T. Bangsberg |
Claims are up and sales down at Hong Kong's only underwriter of export insurance, which protects com
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 16, 1998No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 21
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOctober 15, 1998 Brent Crude Oil - (Dollars Per Barrel)
EARNINGS
From Wire and Staff Reports |
Mild weather meant goodresults at Erie InsuranceERIE, Pa. - Erie Insurance Co. said its unde
GASOLINE PRICES
JOC Staff |
Oct. 16, 1998RESELLER RACK Unleaded Mid- Premium-Unle
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - October 15, 1998Prev. Life of Contr. Open Open High Lo
SPOT PRODUCT PRICES
JOC Staff |
Oct. 15, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.
PEOPLE ON THE MOVE
From Wire and Staff Reports |
GERLING GROUPPeter J. Palenzona was hired as managing director of operations. In this new po
CHEVRON PAYS CIVIL POLLUTION FINE
Reuters |
Chevron Corp. said it agreed to pay a civil fine of $540,000 over a dispute with the Environmental P
JOHN SCHIFF, CINCINNATI FINANCIAL FOUNDER, 82
JOC Staff |
John J. Schiff, chairman of the executive committee of both Cincinnati Financial Corp. and Cincinnat
WEEKLY COAL EXPORTS \ WEEK OF OCTOBER 5-9, 1998
PIERS, Journal of Commerce |
Only table.
CHINA RIVER-TRADE TERMINAL OPENS, TO ACCOMMODATE SMALLER SHIPS
P.T. Bangsberg |
The first terminal built in Hong Kong specifically to handle river trade to and from China is in bus
Maritime
OAKLAND DREDGING APPROVAL ADVANCES WITH DISPOSAL PLAN
Richard Knee |
Proposed work to make Oakland's harbors and channels more navigable drew a small step closer last we
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Friday Oct. 16, 1998Prevailing sellers' posted prices at the close of business, representing
PEOPLE ON THE MOVE
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC.Rudy Mack was named president, succeeding W.H. Dehn, who resigned
Maritime
BRITAIN RETAINS NO. 1 RANKING IN FOREIGN EXCHANGE BUSINESS
John Zarocostas |
Traditional foreign exchange market activity in April reached a daily average of $1.49 trillion, up
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 5, 1997 - Oct. 16, 1998 (a graph)*
CANADA CONFIDENT ECONOMY IS STRONG
Courtney Tower |
Canada is well into its third year of budget surplus performance, although it expects ''a year of he
RUSSIAN EXPORTS NOSE-DIVE IN FIRST 6 MONTHS OF 1998
John Zarocostas |
Russian exports plummeted in the first half of 1998, to $36 billion, sharply down from $41.5 billion
BANGLADESH DEVALUES ITS CURRENCY BY 2.97 PERCENT
JOC Staff |
Bangladesh has announced a 2.97 percent devaluation of its taka currency against the U.S. dollar, th
Maritime
NIKE TO RAISE PAY FOR INDONESIAN SHOE WORKERS
JOC Staff |
Nike Inc., responding to the Asian financial crisis and criticisms of its labor practices, increased
Maritime
CUSTOMS ADDS NAMES TO TRANSSHIPMENT LIST
JOC Staff |
Customs, modifying a list issued early in October, has added the names of 33 more apparel transshipp
Maritime
EU URGED TO END CRUSADE AGAINST MASSACHUSETTS LAW
Michael S. Lelyveld |
A union group representing more than 20 million workers has written to the European Union's trade co
Maritime
. . . AND EXEMPTS FINANCE FIRMS FROM CAPITAL NORMS
JOC Staff |
Foreign financial services companies seeking permission to set up business in India will be exempt f
Maritime
INDIA LIFTS RESTRICTIONS ON 2 DAIRY PRODUCTS . . .
JOC Staff |
India lifted restrictions on exports of powdered milk and butter oil on Friday.''The removal
Maritime
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