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COST OF CREDIT
JOC Staff |
Friday, March 7, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
NEW UTILITY DECONTROL STUDY: NO LOSSES FOR BNSF, NS
Rip Watson |
A new consultant's study of utility deregulation concludes that two railroads - Burlington Northern
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended March 1, total piggyback freight hauled on the nation's major railroads equaled 1
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 245.05 up 1.46 w
BRIEFS
From Wire and Staff Reports |
ARGENTINA'S YPF SEEKS20 PERCENT SHARE IN PIPELINEBUENOS AIRES - Argentine oil giant YPF is s
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* SEQUESTRENE FE 138 & TRIGARD 75 WP. Contact: Agrimag S.R.L. (Ciba Geigy). Tel
Maritime
US BIG THREE SEEN TAKING A WRONG TURN ON CURRENCY \ STRONG-DOLLAR COMPLAINT AN "OBSOLETE' APPROACH
Gordon Platt |
The Big Three U.S. automakers don't know what's good for them, or for America, when it comes to doll
Maritime
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of Feb. 28, 1997Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
ARGENTINA STEPS AROUND WTO ON FOOTWEAR TARIFF
John Maggs |
U.S. footwear companies are learning there are still many ways for uncooperative governments to get
Maritime
BRIEFS
From Wire and Staff Reports |
US, JAPAN END TALKSON PAPER WITHOUT PACTTOKYO - Japan and the United States ended two days o
Maritime
GLOBAL UNION GROUP BACKS JAPAN'S DOCKERS
Wire And Staff Reports |
The International Transport Workers' Federation, a global coalition of transportation unions, is sup
CHINA BANK LINKED TO OOCL BAILOUT
Bridge News |
A state-owned Chinese bank contributed nearly half of a $120 million package that saved the troubled
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMarch 7, 1997 Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 7, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 30.
GASOLINE PRICES
JOC Staff |
March 7, 1997RESELLER RACK Unleaded Mid- Premium-Unle
DOLLAR GAINS FROM CONTRAST OF STRONG US, WEAK GERMANY, ANALYSTS SAY
Gordon Platt |
The dollar bulls feasted on a tale of two job markets last week, with the U.S. currency jumping to a
EU MAY GO TO WTO OVER US TEXTILE RULES
John Zarocostas |
The European Union, charging that new U.S. rules of origin on textile products could damage the comm
Maritime
RECOVERY FORECAST FOR PAPER TRADE \ OBSERVERS OPTIMISTIC ON IMPORTS, EXPORTS
Don Amerman |
Worldwide trade in paper products - depressed for much of 1996 - is showing signs of bouncing back.<
"GREEN' GROUPS SLAM CANADA'S PACT PROPOSAL
Russ Banham |
A Canadian proposal for an international forestry agreement has drawn some surprising opposition.
MALAYSIA AIR IS LAUNCH CUSTOMER FOR BOEING'S NEW 777-200X TWINJET
William Dibenedetto |
Malaysia Airlines intends to buy up to 15 of Boeing Co.'s latest addition to its family of high-tech
Maritime
QUESTIONS OF CONFIDENTIALITY \ CARRIERS, CUSTOMERS COOL TO LATEST REFORM MEASURE
William Roberts |
Shipping lines and their major corporate customers are dissatisfied with a pending Senate bill that
INTERNET REPORTS SPARK POULTRY INDUSTRY OUTCRY
Reuters |
A plan to make U.S. Department of Agriculture safety reports available to consumers on the Internet
DEADLINE FOR AWARD NOMINATIONS NEARS
Tom Baldwin |
May 1 is the deadline for nominations for the American Merchant Marine Seamanship Trophy, awarded fo
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AETNA INC.Joseph T. Sebastianelli was chosen to be president of Aetna Inc., based in Hartfor
INSURERS MONITOR STATE BILLS \ COST OF BUSINESS COULD BE AFFECTED
Margo D. Beller |
Property/casualty insurers are closely following developments in state legislatures across the count
BRIEFS
From Wire and Staff Reports |
LIBYA: BOMBING TRIALOK IN NEUTRAL COUNTRYTUNIS, Tunisia - Libya's top decision-making body r
INSIDE TALK - RIP WATSON \ FALLOUT FROM THE CONRAIL DEAL IS FRAUGHT WITH SUBTLE SHADINGS
Rip Watson |
Hidden behind last week's seeming resolution of the dramatic fight for control of Conrail Inc. are s
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 7, 1997Quotations are based on prices reported in the market or obtained from sup
BRIEFS
From Wire and Staff Reports |
MEXICO HAS SURPLUSIN JANUARY TRADEMEXICO CITY_Mexico revised its January trade statistics to
Maritime
TREES ARE TREASURE TO SOUTHEAST PORTS
David Beasley |
Ports throughout the Southeast are investing millions of dollars in expanded facilities to handle fo
BRIEFS
From Wire and Staff Reports |
MOST STATE FIRMS REPORTEDPROFITABLE IN VIETNAMHANOI - Almost four out of five of Vietnam's s
Maritime
RENAULT UNREST AN ILL OMEN FOR EU
Bridge News |
French automaker Renault's restructuring plans have sparked a multinational workers' protest that co
Maritime
CORRECTION
JOC Staff |
A story in The Journal of Commerce on Page 3B, March 7, headlined ''Mexico initiates changes before
BRIEFS
From Wire and Staff Reports |
TOWER AIR POSTS LOSSFOR QUARTER, YEARNEW YORK - Tower Air Inc. reported a $14.1 million net
SPOT COMMODITIES
JOC Staff |
March 7, 1997Included are list prices of suppliers. Quotations do not necessarily represent
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 6, 1997Prev. Life of Contr. Open Open High Low
DAILY PETROLEUM PRICES
JOC Staff |
Friday March 7, 1997Prevailing sellers' posted prices at the close of business, representing
CHINA IS CONFIDENT ON DAM PROJECT, REBUFFS SKEPTICS
Joe Studwell |
Rejecting widespread criticism of its plan to build the world's biggest dam, China insists there are
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
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