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AIG ALL SET TO TAKE OVER AMERICAN BANKERS' REINS \ MIAMI COMPANY BEING SOLD FOR $2.2 BILLION
Margo D. Beller |
American International Group said Monday it will buy American Bankers Insurance Group for $2.2 billi
MINI-GLASS-STEAGALL DEBATE LOOMS ON ISSUE OF NONBANK STUDENT LOANS
Wire And Staff Reports |
A smaller version of the debate to overhaul the Glass-Steagall banking laws could play out next year
GATEWAY TO THE CONTINENT
Angelo Scorza |
Asian ocean carriers are taking a renewed interest in Southern Italian ports as gateways to the Euro
Maritime
WESTERN, KCPL DELAY SHAREHOLDER VOTES ON MERGER
Associated Press |
Shareholders of Western Resources Inc. and Kansas City Power & Light Co. won't be voting after all n
THE DOLLAR CLIMBS BACK AGAINST YEN RUMORS FLY
Bridge News |
The U.S. dollar climbed back above 130 yen Monday but retreated from its highs on rumors that the Ba
Maritime
PRESSURE IS MOUNTING ON JAPANESE POLICY-MAKERS TO LOOSEN FISCAL REINS
Reuters |
A vicious cycle of economic gloom and sliding share prices is boosting pressure on Japan's policy-ma
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 10 - Dec. 22, 1997 (a graph)* Annua
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 19, 1997Prev. Life of Contr. OpenOpen High L
BRIEFS
From Wire and Staff Reports |
LET IT SNOW: CAR DEALER'SOFFER COVERED BY LLOYD'SOMAHA - Lloyd's of London, in keeping with
COSCO'S HONG KONG UNIT EYES CHINA PORTS
P.T. Bangsberg |
The Hong Kong arm of China's primary shipping company appears bent on increasing its exposure in nor
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Monday December 22, 1997Prevailing sellers' posted prices at the close of business, represen
REVAMPED ALLIANCE BENEFITS OOCL \ SIX LOOPS WILL BEGIN OPERATION EARLY '97
P.T. Bangsberg |
As details of ship deployments by the revamped Grand Alliance of container lines emerge, it is incre
Maritime
KEY SHIPPERS STILL OPPOSE CONRAIL PLAN \ PLASTIC, CHEMICAL GROUPS REJECT NITL'S LEAD
Rip Watson |
By reiterating their opposition to the sale of Conrail Inc., two shipper groups that represent major
SHIPS
From Wire and Staff Reports |
SUPREME COURT TO HEARHARBOR-UPKEEP TAX CASEWASHINGTON - The Supreme Court has scheduled oral
JAMAICA GOALS: NEW FRONTIER, OLD LEADER
Canute James |
Jamaica's prime minister, re-elected last week for a third consecutive term, will try to get enhance
Maritime
BRIEFS
From Wire and Staff Reports |
INDONESIAN EXECS URGEDNOT TO OBSTRUCT ECONOMYJAKARTA, Indonesia - President Suharto Monday u
Maritime
SEA RESCUES AT RISK AS COUNTRIES SPAR OVER COSTS INVOLVED
Tom Baldwin |
Four shipwrecked seafarers are stuck in a Texas hotel room, trapped by a international debate over h
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker Rate Schedule RevisedRS: American Tanker Rate Sched
Maritime
UP TOLD TO PUBLISH RATE FOR SODA ASH
Journal Of Commerce Staff |
The Surface Transportation Board ordered Union Pacific Railroad to publish a rate for soda ash shipm
EXPORTS SPURRING MIDWEST MANUFACTURING, STUDY SAYS
Gordon Platt |
Nearly all of the new manufacturing jobs in the Midwest in the past few years have come at companies
Maritime
NEW FROM THE NAVY: WALL STREET WAR GAMES
Gordon Platt |
The next Pearl Harbor-style sneak attack may well be aimed at the United States' economic and inform
STB REJECTS PLEA FOR MOVE AGAINST UP
Rip Watson |
The Surface Transportation Board refused to issue an emergency order sought by a Nebraska grain ship
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 22, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 29
QUOTE TO NOTE
Bill Aitken, Pricing manager, United Airlines Worldwide Cargo |
'It's driving us nuts.'
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,500-$1,600per
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended December 13, total piggyback freight hauled on the nation's major railroads equal
S. KOREA'S KIM REVISES LABOR STANCE OKS LAYOFFS
Associated Press |
In an effort to dispel investors' fears, South Korean President-elect Kim Dae-jung revised his pro-l
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending Dec. 17, 1997 as supplied by the bunker fuel d
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 15, 1997 *Brent Crude Oil - (Dollars Per Barrel)
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 233.38 off 0.82 wh
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
COMPANY PERFORMANCEPercentYear Closing ChangeHigh/ Pric
COAL TERMINAL REPORT
JOC Staff |
Dec. 22, 1997This table shows the vessels scheduled to call at U.S. coal terminals and the e
QUOTE TO NOTE
Len Condon, Spokesman, American Meat Institute |
'We both have residue-testing requirements and both sides believe theirs is superior to the other gu
Maritime
CHINA LAUNCHES INSURANCE PAGE ON NET
P.T. Bangsberg |
China may have been slow getting its insurance industry started after decades in limbo, but it's now
COSCO, "K' LINE IN TRANS-PACIFIC SPACE-SHARE PACT \ DEAL TO EXTEND ALLIANCE TO ALL 3 EAST-WEST LANES
Terry Brennan |
China Ocean Shipping Co. and Kawasaki Kisen Kaisha Ltd. will link up with a slot-charter agreement i
IMF PREDICTS ASIA WILL BE "WELL' BY 1999
Richard Lawrence |
The Asian financial crisis may be largely over by 1999, the International Monetary Fund suggested in
Maritime
EU, US SETTLE DISPUTE OVER ANIMAL TRAPPING
Journal Of Commerce Staff |
A years-long dispute between the United States and the European Union over trapping animals for thei
Maritime
WTO LIKELY TO ADDRESS MASSACHUSETTS-EU TIFF
Journal Of Commerce Staff |
The World Trade Organization, formed to sort out trade conflicts between the world's nations, appare
Maritime
LIAM FINED $13,500 FOR ILLEGAL POLITICAL GIFTS
Tom Mcniff |
The Life Insurance Association of Massachusetts has been fined $13,500 for giving illegal gratuities
BRIEFS
From Wire and Staff Reports |
LLOYD'S LAST '97 AUCTIONSHOWS INCREASE OVER '96LONDON - Lloyd's of London completed its seri
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