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RUSH FOR COVER
Ronald Gift Mullins |
A power plant somewhere in Africa. A pipeline in the former Soviet Union. A telecommunications proje
COST OF CREDIT
JOC Staff |
Thursday, May 8, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
"MR. YEN' TALKS, DOLLAR WALKS
Bridge News |
The U.S. dollar fell Thursday as Eisuke Sakakibara, an influential Japanese Finance Ministry officia
MEXICAN, US CHIEFS END TALKS WITH PROMISES, NOT RESULTS
Kevin G. Hall |
President Clinton's first trip to Mexico concluded this week with much talk of cooperation but no ma
Maritime
WHITMAN COMMITS TO FIGHTING FEDERAL DREDGING DELAYS
Alan Abrams |
The governor of New Jersey promised Thursday that she would not allow any problems with federal fund
RUSSIAN TRADER QUITS METALS FIRM \ ROW CENTERS ON DEAL TO SETTLE BANK LOAN
John Helmer |
Alexander Kulichkov, Russia's internationally known platinum trader, has resigned from Almazjuvelire
SPOT COMMODITIES
JOC Staff |
May 8, 1997Included are list prices of suppliers. Quotations do not necessarily represent pr
CLINTON TALKS TRADE WITH CENTRAL AMERICA LEADERS \ SUMMIT DECLARATION BACKS US TARIFF CUTS
Associated Press |
With the region finally free of war, President Clinton carried modest trade deals to Thursday's Cent
Maritime
DEMOCRATS VOW TO BLOCK GUN IMPORTS
William Roberts |
Are they imported relics of the Cold War, gun shop curios or rifles easily converted by criminals to
Maritime
WEEKLY COAL EXPORTS \ WEEK OF APR. 28 - MAY 2, 1997
PIERS, New York |
Only table.
GASOLINE PRICES
JOC Staff |
May 8, 1997RESELLER RACK Unleaded Mid- Premium-Unlead
PEOPLE ON THE MOVE
From Wire and Staff Reports |
BDP INTERNATIONAL INC.Peter Huels was named managing director of this Philadelphia-based cus
NAVY SECRETARY WINS DUAL HONORS
Tim Sansbury |
This was a week of accolades for Navy Secretary John Dalton.The maritime industry bestowed o
BRIEFS
From Wire and Staff Reports |
CRASH IN SOUTH CHINAKILLS CO-PILOT, 9 OTHERSBEIJING - At least 10 people were killed and 20
FEDERAL STING AT JFK CLOSES "SUPERMARKET' FOR THIEVES
Andrew Blum |
Federal and state authorities have taken a bite out of air cargo theft, a nationwide problem estimat
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 8, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.7
BRIEFS
From Wire Reports |
TALKS HAVE 'SLOWED'FOR AVMIN, ZAMBIAN FIRMSouth African mining house Avmin Thursday confirme
NIGERIAN OIL BELT TENSIONS EASE
Wire And Staff Reports |
Two rival Nigerian ethnic groups, the Ijaws and the Itsekiris, have agreed in army-mediated talks to
LIBERTY, ARKWRIGHT IN JOINT EFFORT
Journal Of Commerce Special |
Liberty Mutual Insurance Co. and Arkwright Insurance Co. are forming an unusual joint venture in pro
COMMERCE RECOMMENDS ENDING DUTY ON RUSSIAN TITANIUM SPONGE
John Helmer |
The U.S. Department of Commerce this week issued a preliminary report that recommends an end to the
PEOPLE ON THE MOVE
From Wire and Staff Reports |
CONTROL DATAKathrine Huelster will manage the company's new insurance marketing program offi
HOUSE PANEL REJECTS PLAN TO RESTRICT THE EX-IM BANK \ REAUTHORIZATION DEEMED LIKELY FOR THE AGENCY
Richard Lawrence |
The U.S. Export-Import Bank won the first round Thursday against congressional critics seeking to re
SUBCOMMITTEE URGES ACTION ON BOEING MERGER \ LETTER ASKS CLINTON TO SEEK EU'S APPROVAL
Michele Kayal |
A Senate subcommittee chairman has urged President Clinton to ensure a fair shake from the European
Maritime
4 CHARGED IN SALE OF PARTS FROM WRECKED AIRCRAFT
Journal Of Commerce Staff |
Four men, including one Kuwaiti, were charged Thursday with fraud involving the sale of used aircraf
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BAA BID EXPECTED FOR GERMAN AIRPORT
Bruce Barnard |
BAA PLC, the British airports operator, is expected to bid for a stake in Germany's Dusseldorf Airpo
SPOT PRODUCT PRICES
JOC Staff |
May 8, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 8, 1997 *Brent Crude Oil - (Dollars Per Barrel)
DAILY PETROLEUM PRICES
JOC Staff |
Thursday May 8, 1997Prevailing sellers' posted prices at the close of business, representing
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
GRAIN GRIDLOCK HITS CANADA
Jon Cox |
Canadian grain cars are backlogged at the ports of Vancouver, British Columbia, and Thunder Bay, Ont
PHILLIPS PETROLEUM, OTHERS SIGN AGREEMENT TO EXPLORE FOR OIL OFFSHORE SOUTH AFRICA
Bridge News |
Phillips Petroleum and several smaller oil firms signed a deal with South Africa and its national oi
BRIEFS
From Wire and Staff Reports |
JAPAN TRADE SURPLUSSEEN TRIPLE FOR APRILTOKYO - Japan's trade surplus is expected to have st
Maritime
KN ENERGY AWARDED GAS CONCESSION IN MEXICO
Journal Of Commerce Special |
KN Energy Inc. of the United States won the natural gas distribution concession in the northern stat
Maritime
YELTSIN SUGGESTS DEEP BUDGET CUTS \ WESTERN CRITICS PRAISE PLAN TO TRIM BY 20 PERCENT
Michael S. Lelyveld |
Russian President Boris N. Yeltsin is winning praise from unusual quarters this week for proposing 2
Maritime
CLINTON MEETING WITH OPPOSITION SEEN AS BLESSING \ RIGHT, LEFT CONFIDENT THEY CAN SHARE POWER
Mary Sutter |
In the wake of President Clinton's historic meeting with opposition party leaders here, Mexico's
Maritime
CANADIAN AIRLINES GAINS SOME ALTITUDE IN CLIMB TOWARD PROFIT
Associated Press |
Troubled Canadian Airlines Corp. continues to bleed red ink, reporting another huge quarterly loss a
MAERSK UPGRADES ITS OPERATION IN EAST AFRICA
Tom Baldwin |
Maersk Line is upgrading its service to the eastern side of Africa, where commerce has expanded stea
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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