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BRIEFS
From Wire and Staff Reports |
TRINITY INDUSTRIESPOSTS RISE IN NET INCOMEDALLAS - Trinity Industries Inc., a manufacturer o
SPOT PRODUCT PRICES
JOC Staff |
July 17, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 234.02 off 1.13
SPOT COMMODITIES
JOC Staff |
July 17, 1997Included are list prices of suppliers. Quotations do not necessarily represent
COURT DENIES MATLACK BID FOR CONRAIL SALE INJUNCTION
Journal Of Commerce Staff |
A Delaware court rejected a bid by Matlack Bulk Intermodal Services Inc. of Wilmington, Del., for a
LANDOWNERS REVIEW RAIL PROPOSAL
Associated Press |
Representatives of the Dakota, Minnesota and Eastern Railroad met with Wyoming landowners this week
HIRING PRACTICES AT MEXICO'S BORDER FACTORIES TO BE STUDIED
Kevin G. Hall |
The U.S. Labor Department's National Administrative Office on Thursday accepted a request by human r
Maritime
GASOLINE PRICES
JOC Staff |
July 17, 1997RESELLER RACK Unleaded Mid- Premium-Unle
BRIEFS
From Wire Reports |
DOE CHIEF TO STRESSREFORM ON RUSSIA TRIPWASHINGTON - U.S. Energy Secretary Federico Pena wil
PEOPLE ON THE MOVE
From Wire and Staff Reports |
HARTFORDTed Kuzma was promoted to associate general manager for the insurance company's regi
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
INSIDE TALK - RIP WATSON \ TUMULTUOUS REACTION MAY COME AS RAILROAD MERGER MOVES AHEAD
Rip Watson |
The silence from possible opponents of the carve-up of Conrail has been deafening since CSXCorp. and
INTENSE LOBBYING APPEARS TO HAVE PAID OFF FOR OPIC
Richard Lawrence |
Months of lobbying by the Clinton administration and a slew of businesses is starting to pay off for
TRINIDAD GENERATING ENERGY INTEREST
Bridge News |
Trinidad and Tobago's hydrocarbon and petrochemical sectors have attracted foreign and local investm
MEXICAN COMPETITION PANEL SEES GOOD RESULTS
Mary Sutter |
Deregulation and privatization have increased the number of cases brought before or investigated by
Maritime
COURT TELLS GOLDEN EAGLE CONSERVATOR TO TURN OVER PAPERS OR FACE CHARGES
Ron Lent |
San Francisco Superior Court Judge William Cahill has given Golden Eagle Insurance Co. Deputy Conser
EARNINGS
From Wire Reports |
LIFE USA HOLDING POSTSSLIM GAIN IN OPERATING NETMINNEAPOLIS - Life USA Holding Inc. has repo
DOLLAR GAINS ON FAVORABLE JAPANESE TRADE DATA
Bridge News |
The U.S. dollar rose above 116 yen Thursday on a smaller-than-expected Japanese trade surplus.
COST OF CREDIT
JOC Staff |
Thursday, July 17, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
WORLD TRADE CENTER INSTITUTE INC.
Maria Carlino |
Penelope Menzies understands the difficulty of wooing overseas distributors who are 8,000 miles away
Maritime
ITALY SEEKS TO RENEW IRANIAN TIES \ TRADE MISSION SAID TO OFFER CREDIT WORTH $3 MILLION
Michael S. Lelyveld |
In a break with its European partners, Italy called this week for renewing full relations with Iran
Maritime
QUOTE TO NOTE
Ferdinand Serpe, Executive Director of the Illinois |
''So if this was a James Bond-like thing, where they cut the thumb off and used it, it wouldn't work
Maritime
SLATER DENIES SUBSIDY APPEAL BY LYKES
Journal Of Commerce Staff |
Transportation Secretary Rodney Slater Thursday rejected Lykes Bros. Steamship Co.'s appeal for a re
BRIEFS
From Wire and Staff Reports |
TRAINSUP AND UNION JOININ SAFETY INITIATIVEWASHINGTON - Union Pacific Railro
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
CLINTON PREPARED TO FIGHT OVER BOEING MERGER
Michele Kayal |
President Clinton warned European leaders that he would battle them before the World Trade Organizat
BALTIC HANDY INDEX
JOC Staff |
1007 (July 17, 1997) Previous day - 1011The Baltic Exchange in London on Tuesdays and Thursd
DOCKERS GAIN ALLY IN LA TERMINAL FIGHT
Bill Mongelluzzo |
West Coast longshoremen flexed their muscles again this week in their continuing effort to make a ne
BURLINGTON RESOURCES TO BUY LL&E \ $3 BILLION STOCK DEAL TO FORM ENERGY GIANT
Reuters |
Burlington Resources Inc. said Thursday it will acquire Louisiana Land and Exploration Co. in a $3 b
PROFIT DROPS AT REYNOLDS
Associated Press |
Reynolds Metals Co. announced second-quarter profit dropped 8 percent due to lower prices for fabric
MANDELA BACKS THAI BID FOR MORE AFRICA-ASIA LINKS
Ron Corben |
South African President Nelson Mandela, calling for greater business links with Asia, said Pretoria
Maritime
INSUREDS CAN SUE IN QUAKE CASE
Ron Lent |
In a setback for State Farm, the 9th U.S. Circuit Court of Appeals has unanimously ruled that an ins
FRENCH BUDGET AUDIT BELIEVED LIKELY TO HERALD DEBUT OF A WEAKER EURO
Bruce Barnard |
American and Japanese exporters will get a clearer idea next Monday whether they will be competing f
LONDON OIL FUTURES
JOC Staff |
INTERNATIONAL PETROLEUM EXCHANGEJuly 17, 1997 *Brent Crude Oil - (Dollars Per Barrel)
WEAK MARK SPURS GERMAN EXPORTS, BOOSTS STOCKS
Robert Koenig |
Germany's automakers, shippers and other big exporters are licking their chops over the recent beati
Maritime
TAIWANESE LINE GETS NOD TO PLY CHINA ROUTE
Sylvia Shih |
Taiwan's Kien Hung Shipping Co. - a major local carrier - has become the first local shipping operat
Maritime
CARGO WATCH: ORIENT OVERSEAS CONTAINER LINE \ KEY MOVEMENTS IN 20-FOOT OCEAN CONTAINER UNITS
PIERS database. |
Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May96 96 96 96 96
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 17, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
LILCO PLAN DISAPPOINTING, BUSINESS CUSTOMERS SAY \ MANY LONG ISLANDERS EXPECTED BETTER RESULT
Arthur Gottschalk |
A vote by New York state's top Democratic legislator in favor of a controversial Republican plan to
FOCUSING ON SPENDING, HOUSE TURNS TO CUTS ON FARM SUBSIDIES
Curt Anderson |
Moving swiftly on spending bills, the House turned its attention to efforts to trim farm subsidies f
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