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BRIEFS
From Wire and Staff Reports |
CUSTOMS OFFICIALS TO VISITHONG KONG FACTORIESWASHINGTON - U.S. Customs Service officials wil
Maritime
POUND LED DOLLAR ON THE WAY UP, NOW LEADING IT ON THE WAY DOWN
Gordon Platt |
The spectacular crash of the British pound last week, from $1.64 on Monday to below $1.57 in Europe
DALEY QUIET ON ISSUES AT END OF CANADA TOUR
Associated Press |
U.S. Commerce Secretary William Daley wrapped up a cross-Canada tour late last week but offered litt
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 23, 1996 - Aug. 8, 1997 (a graph)*
CORRECTION
JOC Staff |
A number was incorrectly reported in a brief in the Aug. 6th edition under the headline ''Poll ranks
Maritime
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* CHLORIDE OF LIME. 1,000 metric tons of chloride of lime in 50 kg bags c&f Alg
Maritime
11 UNIONS BACK STATE TRADE BAN
Tim Shorrock |
The presidents of 11 U.S. unions have asked President Clinton to ''vigorously defend'' before the Wo
Maritime
BIG MAC WON'T TAKE BERMUDA
Reuters |
Bermuda Gov. Thorold Masefield has signed into law the Prohibited Restaurants Bill, the final step i
Maritime
BRIEFS
From Wire and Staff Reports |
CANADA PULLS PREFERENTIALTARIFFS FOR MYANMAROTTAWA - Canada has withdrawn general preferenti
Maritime
BRIEFS
From Wire and Staff Reports |
NORTH KOREA HITSUS ON SANCTION MOVETOKYO - North Korea on Friday accused the United States o
Maritime
INDONESIAN LEADER SAYS ASEAN MUST EYE SECURITY
Reuters |
The Association of Southeast Asian Nations has achieved much, but regional security concerns still n
Maritime
RUSSIAN GAS COMPANY PLANS TO ISSUE BONDS
Associated Press |
Russia's huge natural gas company, RAO Gazprom, will return to international markets in September wi
LAWYER CALLS INSURER'S HOLOCAUST FUND A JOKE
Alan Gersten |
A U.S. lawyer suing seven European insurance firms over life insurance policies for Holocaust victim
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CIGNA CORP.Thomas E. Hobin Jr. was named national sales director for defined benefit plans a
HAWAII DEALING WITH STRESS OF COURT'S COMP DECISION
Associated Press |
The governor's wife, who runs a laundry service, and a small group of state lawmakers want to undo a
EARNINGS
From Wire and Staff Reports |
GRYPHON HOLDINGS SEESINCREASE IN REVENUENEW YORK - Gryphon Holdings Inc. said its second-qua
BRIEFS
From Wire and Staff Reports |
AIG SELLS ENERGY UNITTO CALIFORNIA GROUPLOS ANGELES - Enova Corp. and Pacific Enterprises sa
MAGELLAN TO BUY UNIT OF AETNA FOR $422 MILLION
Associated Press |
Atlanta-based Magellan Health Services has struck a $422 million deal to buy Aetna's Human Affairs I
BP PLANS GAS-TO-LIQUIDS PROJECT
Associated Press |
British Petroleum Co. is the latest North Slope oil producer to explore the possibility of convertin
BROOKLYN UNION, LILCO SHAREHOLDERS OK MERGER
Bridge News |
Brooklyn Union Gas Co. shareholders approved the $4 billion proposed merger of BUG and Long Island L
CUBA SEEN BOOSTING NON-SUGAR CROP TO CUT IMPORTS, PROMOTE INVESTMENT
Kevin G. Hall |
Long ignored because of a state focus on the huge sugar sector, non-sugar agricultural production in
N. ENGLAND UTILITIES SUE NORTHEAST
Associated Press |
Already reeling from financial losses, New England's largest electric company now must try to fend o
PCS CATASTROPHE INSURANCE OPTIONS
Chicago Board of Trade; Journal of Commerce |
No story
SHIPS STRETCHED AS CAR DEMAND BOOMS \ NOVEL WAYS SOUGHT TO MEET SCHEDULES
Janet Porter |
It's not something they like to talk about.But the long-established ocean carriers that spec
TITAN BUY WOULD BOOST USF&G IN 2 PLUM AREAS
Reuters |
USF&G Corp. has agreed to acquire Titan Holdings Inc. for $234 million, bolstering its position in t
ROMANIANS PROTEST OVER PLANT CLOSINGS
Reuters |
Thousands of Romanians poured onto the streets or blocked rail lines on Friday to protest against th
BONDHOLDERS GIVE ALPHATEC REPRIEVE
Journal Of Commerce Special |
Deeply indebted Thai-based Alphatec Electronics PLC received a stay of one month by bondholders at a
Maritime
BRIEFS
From Wire and Staff Reports |
PHILIPPINE OIL FIRMS RAISEPRICES TO COVER PESO DIPMANILA - OIL COMPANIES HAVE RAISED THE PRI
BRITAIN CLOSING ITS LAST TIN MINE
Associated Press |
Britain's last active tin mine will cease production within six months, shutting down an industry th
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 8, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 8, 1997Quotations are based on prices reported in the market or obtained from sup
DUPONT BUYING PIONEER STAKE \ CHEMICAL GIANT GETTING 20 PERCENT SHARE
Associated Press |
E.I. du Pont de Nemours & Co. is spending $1.7 billion to buy a 20 percent stake in Pioneer Hi-Bred
*NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 7, 1997Prev. Life of Contr. OpenOpen High Lo
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange*Aug. 8, 1997 Brent Crude Oil - (Dollars Per Barrel)
NEW PIPELINE SHIPS ARGENTINE GAS OVER ANDES TO CHILE
Rodrigo Martinez |
The president of Chile, Eduardo Frei, and Argentina, Carlos Menem, opened a $325 million pipeline th
PRECIOUS CARGO PAMPERED \ HIGH-STATUS CARS FROM OVERSEAS GET HIGH-OCTANE TLC EN ROUTE
Elizabeth Birge |
Squeezing the maximum number of cars into a limited space is something of a science, whether it's th
SPOT PRODUCT PRICES
JOC Staff |
Aug. 8, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
AEROFLOT-RUSSIAN PLANS ROUTES TO RELINK THE BROKEN EMPIRE
Reuters |
Aeroflot-Russian International Airlines said it is seeking to re-establish routes within Russia and
BRIEFS
From Wire Reports |
ARGENTINA'S YPF EXPECTSWIDER PETROBRAS TIESBUENOS AIRES - Argentina's YPF SA last week forec
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