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HEARING MAY REVIVE EXPORT CONTROL LAW \ HOUSE TO DISCUSS SALE OF COMPUTERS TO RUSSIA
Michael S. Lelyveld |
A congressional hearing next week into sales of supercomputers to a Russian nuclear agency may breat
COST OF CREDIT
JOC Staff |
Wednesday, April 9, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BANK OF BOSTON LOOKING TO STRIKE IT EVEN RICHER IN LATIN AMERICA
Kevin G. Hall |
Before the decade is out, Bank of Boston hopes to double its business in an already strong market -
JOFC INDEX AT NEW LOW
Journal Of Commerce Staff |
The Journal of Commerce industrial price index declined to 105.1 Wednesday from 105.2 on Tuesday, se
DOLLAR SETS MULTIYEAR HIGHS AGAINST YEN, MARK
Bridge News |
The U.S. dollar rose Wednesday to multiyear highs against the Japanese yen and the Deutsche mark.
CORRECTION
JOC Staff |
Though the story on the proposed sale of Conrail Inc. to Norfolk Southern Corp. and CSX Corp. that a
NEW HAVEN RESIDUAL FUELS
JOC Staff |
April 9, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, April 12, 1996 - April 9, 1997 (a graph)
WORLD TRADE MERCHANDISE GROWTH SLOWS TO 4 PERCENT IN '96
John Zarocostas |
Largely due to an unexpected slowdown in the Asian region, the volume of world merchandise trade in
BRIEFS
From Wire and Staff Reports |
GEPHARDT RAISES CONCERNABOUT US-JAPAN DEFICITWASHINGTON - The United States is returning to
Maritime
GASOLINE PRICES
JOC Staff |
April 9, 1997RESELLER RACK Unleaded Mid- Premium-Unle
AMERICA ONLINE PLANS TO SET ITS (WEB) SITES ON JAPAN
Alan Abrams |
Busy signals and overrapid growth may be what you think of these days when you hear the words Americ
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - April 8, 1997Prev. Life of Contr. Open Open High Low
NEW MEXICO WHEAT BAN TO CONTINUE
Justin Brown |
Despite pleas from state officials and an apparent absence of Karnal bunt fungus, a 3,200-acre wheat
ANTI-SWEATSHOP PANEL CONCURS ON CONDUCT CODE
Tim Shorrock |
A presidential commission seeking to curb the use of sweatshop labor has reached an agreement in pri
Maritime
TRADE MINISTER SAYS CANADA ANXIOUS FOR ANSWERS TO BRE-X BUSANG MYSTERY
Bridge News |
International Trade Minister Art Eggleton said that Canada is desperately trying to get to the botto
SPOT PRODUCT PRICES
JOC Staff |
April 9, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.
API WEEKLY REPORT \ API: DISTILLATE INVENTORIES DROP
Journal Of Commerce Staff |
U.S. inventories of distillate fuel oil, used as home heating and diesel fuel, declined 1.0 million
AIG OUTBIDS 3 INSURERS TO ACQUIRE GOLDEN EAGLE
Ron Lent |
New York insurance giant American International Group has outbid three other companies to acquire fi
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday April 9, 1997Prevailing sellers' posted prices at the close of business, represent
BRIEFS
From Wire Reports |
RUSSIA'S GAZPROM KNOCKSGAS MONOPOLY BREAKUPMOSCOW - The breakup of Russia's gas monopoly Gaz
SALES DATE ANNOUNCED FOR MEXICAN PLANTS
Mary Sutter |
After last year's high-profile retreat from a planned complete sell-off of state-owned secondary pet
BRITAIN SEEKS EU PROBE OF GERMAN COAL-MINER AID
Bruce Barnard |
Britain wants the European Commission to investigate Germany's decision to increase subsidies to its
CHINA RIG EXITS DISPUTED OFFSHORE AREA
From Wire Reports |
A Chinese oil rig has left an offshore area claimed by both China and Vietnam, but not because of Vi
JAPANESE NUCLEAR AGENCY ADMITS FALSE REPORT REGARDING PLANT FIRE
Associated Press |
Officials acknowledged Wednesday that workers were told to keep silent about a false report involvin
BELGIUM'S TRACTEBEL WANTS TO LIGHT UP THE US
Arthur Gottschalk |
Tractebel SA, the giant Belgium-based utility and industrial services group, will soon be trading el
BRIEFS
From Wire and Staff Reports |
CHINA URGED TO RELEASESHIP HELD FOR 20 MONTHSSHANGHAI - China was urged Tuesday to release a
BRIEFS
From Wire and Staff Reports |
COALITION URGES REJECTIONOF SUPERFUND INCREASESWASHINGTON - A coalition of insurance and oth
TRANSPORTATION CALENDAR
JOC Staff |
ONGOINGStar USA Inc. Sessions in April on export procedures and documentation, transportatio
PEOPLE ON THE MOVE
From Wire and Staff Reports |
EMERY WORLDWIDEKent Scott was named vice president and chief operating officer of Emery Worl
NEW LOGISTICS BREED PROVIDES USER VIEWPOINT
Gregory S. Johnson |
Michael A. Nardella was nearly a victim of his own success.After completing a smooth automat
INSURERS BACK LOUISIANA AUTO PLAN
Margo D. Beller |
Insurers and trial lawyers were quick to come down on either side of the overhaul of the state's aut
STATE FARM REMOVING 53 AGENTS OVER ALLEGED FUND-RAISING ABUSE
Ron Lent |
State Farm, the largest U.S. property/casualty insurer, recently began firing 53 of its sales repres
GOP: MEDICAL PRODUCTS HINDERED BY SUIT THREAT
Margo D. Beller |
House Republicans, trying to get some form of product liability reform signed by President Clinton t
MASS. COMMISSIONER'S JOB SEEN IN JEOPARDY
Tom Mcniff Jr. |
Massachusetts Insurance Commissioner Linda Ruthardt, facing charges she lied to Insurance Division a
BUSINESS EXECUTIVES REMAIN UPBEAT OVER GROWTH IN DEVELOPED MARKETS
Gordon Platt |
Business executives in developed markets worldwide predict sustained, consistent growth, according t
Maritime
AMERICAN PHOENIX BUYS LLOYD'S BROKER
Helen R. Macleod |
The broker mergers go on.And they continue with an international slant.American Phoenix Corp
ASIAN NATIONS WANT ROLE IN SHAPING GLOBAL TRADE
Christiaan Virant |
Developing Asian economies, once content to play a quiet but profitable role in world trade, are beg
Maritime
QUOTE TO NOTE
Bruce Brady, A Zaire expert and mining consultant, Watts, |
''Those deposits are fantastic, but the country didn't work . . . The question is, when will they ge
Maritime
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