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1997 LOOKING GOOD FOR WOOD
John Davies |
Continued demand for new houses and relatively high lumber prices are turning 1997 into another good
INSURERS SUSPECTED OF ILLEGAL RATING PLAN \ BY JOHN HOWARD ASSOCIATED PRESS
JOC Staff |
The Proposition 103 Enforcement Project has formally complained to the state that State Farm, Farmer
BALTIC FREIGHT INDEX
JOC Staff |
1283 (May 16, 1997) Previous day - 1281The Baltic International Freight Futures Market in Lo
BRIEFS
From Wire and Staff Reports |
PLANESLUFTHANSA CARGO SUFFEREDLOSS IN FIRST QUARTERFRANKFURT - Lufthansa Car
JAXPORT OFFICIALS COURTING SOUTH AMERICAN CLIENTS
Kevin G. Hall |
With an eye toward expanding trade with South America's largest emerging market, Jacksonville Port A
PIRATES PLUNDER PLENTIFUL MIAMI RIVER SHIP TARGETS
David Royse |
A pirate tale this be, a tale of bloodthirsty marauders who invade cargo boats, looting and attackin
BALTIC FREIGHT INDEX
Journal of Commerce |
May 16: 1283
BRIEFS
From Wire and Staff Reports |
NORTHEAST UTILITIESCUTS CONTRACTING JOBSWATERFORD, Conn. - Long troubled Northeast Utilities
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 16, 1997Quotations are based on prices reported in the market or obtained from sup
CASPIAN OIL ACCORD IS SET
Associated Press |
After five years of disputes, a coalition of oil companies and governments has agreed to build a $2
SEEING THE FOREST . . .
JOC Staff |
Photo only.
BRIEFS
From Wire and Staff Reports |
STRIKE BALLOTS MAILEDAS BA DISPUTE UNFOLDSLONDON - The union representing most cabin crew at
FOREST PRODUCTS MEET TO HACK AT MANY ISSUES
Gregory S. Johnson |
Transportation of forest products will come under review as leading paper and pulp executives conven
OUTPUT ON THE REBOUND \ N. AMERICAN MILL CLOSINGS SEEN LEVELING OFF AFTER ROUGH 10 YEARS
John Davies |
Forests in North America today are generating enough wood to supply both sawmills and paper manufact
AIRLINES SEEN DISSATISFIED WITH AVIATION INSURERS
Sarah Holmes |
Airlines are not happy with the service provided by traditional aviation insurers, said the treasure
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
DAILY PETROLEUM PRICES
JOC Staff |
Friday May 16, 1997Prevailing sellers' posted prices at the close of business, representing
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 16, 1997 *Brent Crude Oil - (Dollars Per Barrel)
CHINA'S ENTRY BID FOR WTO LOSES STEAM \ US OPEN-DOOR POLICY APPEARS TO BE CLOSING AT CRUCIAL TIME
John Maggs |
Just when the Clinton administration needs some sign that its open-door China policy is working, tal
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 24, 1996 - May 16, 1997 (a graph)* A
QUOTE TO NOTE
Uwe Durken, Executive Director, International Mail Deutsche |
''It's a much bigger game - it's thrilling. It's risky.''
Maritime
BRIEFS
From Wire and Staff Reports |
CHINA GRANTS INSURANCELICENSE TO FRENCH FIRMBEIJING - French President Jacques Chirac and Ch
PANEL CALLS FOR ACCOUNTABILITY AT LLOYD'S MARKET
Helen R. Macleod |
An internal review has called for ''deep-seated reform'' at Lloyd's of London, and sooner rather tha
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 16, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.
TROUBLED BRE-X WILL LEAVE INDONESIA
Associated Press |
Bre-X Minerals, the Canadian company at the center of a gold-mining scandal, said it will end operat
ENORMOUS GAS POOL IN CANADA AWAITS FINDER, GROUP SAYS
Jeffrey Jones |
Somewhere in Alberta, where thousands of natural gas wells already dot the landscape, the province's
LATVIA LEVERAGES ITS LUMBER \ NATION SEEKS MORE FOREIGN INVESTMENT
Russ Banham |
What's roughly the size of West Virginia, covered almost entirely by forests, has a stable and conve
NS, CSX SET TO FILE FOR CONRAIL
Rip Watson |
The clock is ticking toward an apparent June 16 application by Norfolk Southern Corp. and CSX Corp.
BRIEFS
From Wire and Staff Reports |
UTILITY WINS ROUNDIN TAR-BASED FUEL FIGHTTALLAHASSEE, Fla. - Florida Power & Light Co. may y
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 10, total piggyback freight hauled on the nation's major railroads equaled 16
PLANE PART PLUMMETS TO CITY STREET
Bill Bryan |
Look! Up in the sky! It's a bird, it's a plane . . . it's a piece of a plane!Actually, Mick
AIR EXECUTIVES SAVAGE US ROLE IN AVIATION POLICY
Michele Kayal |
A blistering discussion paper circulating among top airline executives accuses U.S. aviation officia
LILLY AGREES TO SELL DOWELANCO STAKE
Associated Press |
Eli Lilly & Co. said it agreed to sell its stake in DowElanco to Dow Chemical Co. for $1.2 billion,
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 15, 1997Prev. Life of Contr. Open Open High Low
USX-MARATHON, ASHLAND IN VENTURE \ TWO FIRMS WILL MIX OIL REFINING OPERATIONS
Reuters |
USX Corp. said its USX-Marathon Group subsidiary will form a joint venture with Ashland Inc. that co
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
TRADE
From Wire and Staff Reports |
MAZDA TO CONSOLIDATENORTH AMERICAN UNITSIRVINE, Calif. - Mazda Motor Corp. said it plans to
Maritime
TRADELEADS
The following trade leads appear exclusively in print in The |
OFFERS TO BUY* SEAMLESS PIPE A335 P9 & FLANGES A182 F9. All prices c.i.f Alexandria, Egypt.
Maritime
CANADA: GOOD AND BAD NEWS \ NEWSPRINT UP NOW, BUT FLAT US DEMAND LOOMS
Courtney Tower |
After a disappointing performance last year, the near term looks good for Canada's newsprint industr
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
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