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MARITIME CALENDAR

JOC Staff |
ONGOINGCalifornia Maritime Academy. Seminars on situational negotiating skills. Contact: Ray
Maritime

CARRYING ABOUT CARRIERS - CHARLES THURSTON

Charles Thurston |
For forward-looking United Parcel Service, the adage might read: ''If you build a hub, they will fil

CHARTER INDEX

JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime

BALTIC FREIGHT INDEX

Journal of Commerce |
November 21: 1180
Maritime

THE ENTERPRISE

JOC Staff |
Photo only
Maritime

IF YOU BUILD IT...

Fairbanks Industrial Development Corp. |
Photo only

STRAIGHT TALK - IRA ROSENFELD

Ira Rosenfeld |
As a newsman I have to be careful not to bend my own theories to fit the facts. I learned my lesson

THIS MONTH \ FREIGHTER OUTLOOK STRANGE BEDFELLOWS RUSSIAN ROULETTE LATIN LOSSES

Ira Rosenfeld |
One of my favorite stories is of the New York City patrolman who arrested a man wearing a City Jail

NEWS & VIEWS

Ira Rosenfeld |
When BOEING CO. announced earlier this month that it was suspending production of its backlogged 747

SPOT COMMODITIES

JOC Staff |
Nov. 21, 1997Included are list prices of suppliers. Quotations do not necessarily represent

NEW YORK OIL FUTURES

JOC Staff |
NEW YORK MERCANTILE EXCHANGE - NOV. 20, 1997PREV. LIFE OF CONTR. OPENOPEN HIGH L

COST OF CREDIT

JOC Staff |
Friday, Nov. 21, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada

NEW HAVEN RESIDUAL FUELS

JOC Staff |
Nov. 21, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 29

GASOLINE PRICES

JOC Staff |
Nov. 21, 1997RESELLER RACK Unleaded Mid- Premium-Unle

TOP UP OFFICIAL ON SERVICE DEBACLE: "THIS IS NOT GOING TO HAPPEN AGAIN'

Bill Mongelluzzo |
A top Union Pacific Railroad executive promised shippers and shipping executives that UP's equipment

SPOT METALS PRICES

JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo

*LONDON OIL FUTURES

JOC Staff |
International Petroleum ExchangeNov. 21, 1997 Brent Crude Oil - (Dollars Per Barrel)

FOREIGN EXCHANGE

JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among

S. KOREA RESCUE PLAN RALLIES YEN BUT DECLINE EXPECTED IN EARLY '98

Gordon Platt |
The mother of all aid packages to rescue South Korea, and ideas that Japan is getting ready to bail
Maritime

US ECONOMY TO BE DRAGGED DOWN IN '98 BY GROWING TRADE DEFICIT, REPORT SAYS

Richard Lawrence |
A sharply higher foreign trade deficit will be the principal drag on the U.S. economy next year, a j

KR-CRB FUTURES INDEXES

JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 239.40 off 2.59

BRIEFS

From Wire and Staff Reports |
BANK CHIEF: BRAZIL WON'TFOLD IN CURRENCY SCARE RIO DE JANEIRO - Brazil's government won't ca
Maritime

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 13, 1996 - Nov. 21, 1997 (a graph)*

SHIP FIXTURE BREAKDOWN

Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule

SPOT PRODUCT PRICES

JOC Staff |
Nov. 21, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.

FREIGHT RATE FUTURES

JOC Staff |
Nov. 21, 1997BALTIC INTERNATIONAL FREIGHT FUTURES MARKET Prev.Close High Low

BALTIC FREIGHT INDEX

JOC Staff |
1180 (Nov. 21, 1997) Previous day - 1198The Baltic International Freight Futures Market in L

CHEMICAL PRICES

Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 21, 1997Quotations are based on prices reported in the market or obtained from su

RUSSIAN UTILITY SEEKS AN INVESTOR TO BUY SHARES

Arthur Gottschalk |
Russia's giant Lenenergo utility is seeking a buyer for the shares that remain in government hands f
Maritime

RAIL FREIGHT USERS BALK AT CHUNNEL TOLLS \ GOVERNMENT URGED TO DENY FRANCHISE BID

Aviva Freudmann |
If the British government is serious about shifting freight from crowded highways to underutilized r

QUACKENBUSH GETS BURNED IN EAGLE SUIT

Ron Lent |
California Insurance Commissioner Chuck Quackenbush sustained a ''significant defeat'' last week whe

BRIEFS

From Wire and Staff Reports |
JAPAN INSURANCE GROUPSEEKS PUBLIC'S SUPPORTTOKYO - Life Insurance Association of Japan head

TRADELEADS

The following trade leads appear exclusively in print in The |
OFFERS TO BUY* BUSED MACHINERY. Used machine tools to manufacture air/water heat exchangers
Maritime

TURKISH AIRLINES LAUNCHES EXPANSION

Ournal Of Commerce Special |
Increasing the stakes in a long-standing competition that offers air carrier service out of southeas

CORRECTION

JOC Staff |
The article headlined ''Smaller firms get help with risks,'' which appeared in the Nov. 19, 1997, ed

TAXES SEEN STUNTING INSURANCE GROWTH IN PHILIPPINES

P.T. Bangsberg |
With the lowest coverage and savings rates in Asia, the Philippines has been targeted as a prime mar

THE 2ND-OLDEST PROFESSION? \ FROM NET TO NET, MARINE INSURANCE STRETCHES BACK TO THE PHOENICIANS

Russ Banham |
It is one of the world's oldest industries, dating back at least 4,000 years to the Phoenicians. It'

TRADE CORRESPONDENT OF RECORD \ FOR PAST 170 YEARS, JOFC COVERS THE WATERFRONT, AND MUCH MORE

Russ Banham |
Cotton and tobacco were the principal U.S. exports and most finished goods were imported when The Jo

SIX PAPERS FOUND A CHE-AP-ER WAY TO GET NEWS FROM WEST

Journal Of Commerce Staff |
Ten men representing six New York City newspapers, including The Journal of Commerce, sat around an

PCS CATASTROPHE INSURANCE OPTIONS \ PROPERTY CLAIMS SERVICES PROVIDES THESE FIGURES EACH FRIDAY.

Chicago Board of Trade |
CALL SPREADS PRICE OR BID/ASKNational annual '97* 60/80
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