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DAILY PETROLEUM PRICES
JOC Staff |
Monday June 1, 1998Prevailing sellers' posted prices at the close of business, representing
FMC STARTS PROBE OF PACIFIC RATE PRACTICES
Tim Sansbury |
The Federal Maritime Commission, in announcing an investigation of trans-Pacific shipping practices,
RAILROADS FAIL TO REACH SERVICE, RATE AGREEMENT
Rip Watson |
Large and small railroads, after weeks of closed-door talks, have failed to reach agreement on comme
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 1, 1998No. 4/ No. 6/ No. 6/ 1% 1% 0.5%Buckley 25.00
BRIEFS
From Wire and Staff Reports |
VIAGRA CLEARED BYEUROPEAN PANELNEW YORK - Pfizer Inc.'s impotence drug Viagra cleared one of
Maritime
BRITAIN SEES TRADE DEFICIT SHRINK BUT CONCERNS CONTINUE
Reuters |
Britain's trade deficit with the rest of the world shrank to 1.5 billion pounds ($2.4 billion) in Ma
Maritime
BIG FOUR, BIG TROUBLES
Bruce Barnard |
Times are changing for Europe's ''Big Four.''London, Frankfurt, Paris and Amsterdam continue
CALENDAR
JOC Staff |
International Air Transport Association. June 7-9. Montreal. Annual general meeting. Contact: Anne P
LARGEST SHIP FIRM IN INDIA SAW PROFIT INCREASE 7 PERCENT IN YEAR
N. Vasuki Rao |
India's largest shipping company, bucking adverse market conditions, posted a 6 percent increase in
Maritime
CARGO WATCH: HOUSTON \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Feb. March April May June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.97 97 97 97
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 29, 1998U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
AIRLINES MAY BE NEXT TARGET OF TRUSTBUSTERS
Michele Kayal |
First Microsoft - now the airline industry?The Clinton administration has blazed a bold trus
AYRES CLOSE TO CLINCHING CZECH DEAL
William Armbruster |
Ayres Corp. expects to complete a deal to acquire a 93 percent interest in LET, a Czech aircraft ma
INTERNATIONAL BUNKER PRICES
Journal Of Commerce Special |
The following fuel oil prices are for the week ending May 27, 1998 as supplied by the bunker fuel de
BANK OFFICIALS IN POLAND FOR COAL LOAN TALKS
Bridge News |
A World Bank mission arrived in Poland on Monday to discuss possible funding for a government plan t
SPOT COMMODITIES
JOC Staff |
June 1, 1998Included are list prices of suppliers. Quotations do not necessarily represent p
NEW DELAYS AT PANAMA CANAL
Emma Griffiths |
The draft at the Panama Canal appears to be heading back to normal, but the waterway now has a diffe
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below are selling rates among trading banks of $1 million and mo
LOTT: IMF HAS THE FUNDS NEEDED FOR RUSSIA BAILOUT \ SENATOR TURNS DEAF EAR TO CLINTON'S ENTREATY
John Maggs |
The International Monetary Fund doesn't need any more money to bail out the Russian economy and Cong
Maritime
INSURERS WARNED: TECHNOLOGY HAS NO QUICK Y2K FIX
Journal Of Commerce Staff |
''Technology has no quick fix for solving the Y2K problem,'' warned William C. Hartnett, worldwide f
TRANSPORTATION STOCK INDEX
Bridge News |
COMPANY PERFORMANCEWeeklyFriday's Percentage P/E 52-Week 52-WeekS
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* SKIWEAR AND ACCESSORIES. All kinds. European brands and designs. Please suppl
Maritime
INDIAN MULTI-MODALER BUYS CONTAINER FLATS
N. Vasuki Rao |
A state-owned Indian multi-modal operator acquired state-of-the-art container flats capable of opera
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 18, 1997 - June 1, 1998 (a graph)*
PAKISTAN BAN CALLED THREAT TO US FARMS
John Wright |
Bob Smith, chairman of the House Committee on Agriculture, urged President Clinton last week to exem
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 1, 1998Quotations are based on prices reported in the market or obtained from sup
TELECOM STANDARDS OK'D
Journal Of Commerce Special |
Telecommunications standards organizations from the United States, Europe and Japan have reached an
Maritime
SMALLER AIRPORTS MAKING A BIG PLAY FOR CARGO SHIPMENTS
Bruce Barnard |
Europe's smaller airports have finally made a breakthrough in the battle for cargo.Liege Air
UP FINANCIAL OFFICER RESIGNS IN WAKE OF LOSS FORECAST
Journal Of Commerce Staff |
Union Pacific Corp. announced Monday that L. White Matthews III, executive vice president for financ
PEOPLE ON THE MOVE
From Wire and Staff Reports |
SWISS REINSURANCE CO.Hans Hefti was elected a principal and head of the Risk Services unit o
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 215.9 up 1.44 whic
NEW SHOWDOWN LOOMS OVER IRANIAN PIPELINE \ COUNTRY PLANS TO LINK TEHRAN, CASPIAN SEA
Michael S. Lelyveld |
After a seven-month fight on an Iranian gas project was settled just two weeks ago, the Clinton admi
Maritime
FREIGHT RATE FUTURES
JOC Staff |
June 1, 1998Baltic International Freight Futures Market Prev.Close High Low
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 29, 1998PREV. LIFE OF CONTR. OPENOPEN HIGH LO
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ROGERS & BROWNCUSTOM BROKERSPerry T. Smith was named executive vice president of the customs
YEN CONTINUES TO SLIP AS DOLLAR RISES AGAINST THE MARK
JOC Staff |
Foreign exchange market updates are posted three times a day on our Internet site, http://www.joc.co
SIZE MATTERS: UNITED STATES HAS BIGGEST PRESENCE AT SHIPPING SHOW
Bruce Barnard |
The United States has the largest pavilion at the world's premier shipping show, underlining the cou
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGSeamen's Church Institute. Ongoing. New York. Water Street Gallery exhibits paintings
Maritime
EARNINGS
From Wire and Staff Reports |
ING GROUP'S NET SOARSON SALE OF 2 UNITSAMSTERDAM - ING Group's net profit grew sharply by 86
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