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BRIEFS
From Wire and Staff Reports |
SENATE PANEL OKS SLATERFOR TRANSPORT SECRETARYWASHINGTON - The Senate Commerce Committee Wed
BALTIC FREIGHT INDEX
JOC Staff |
1387 (Feb. 5, 1997) Previous day - 1375The Baltic International Freight Futures Market in Lo
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
SPOT PRODUCT PRICES
JOC Staff |
Feb. 5, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
US SANCTIONS LOOM AS EU, JAPAN FAIL IN PORT TALKS
Tim Sansbury |
Japanese and European negotiators this week failed to resolve an international dispute over Tokyo's
WORLD BANK CHIEF TO WOO INVESTORS FOR THE SUB-SAHARA \ OPPORTUNITIES ABOUND IN AFRICAN REGION
Richard Lawrence |
World Bank President James Wolfensohn, buoyed by reports of ''a new dynamism'' in sub-Saharan Africa
CHINA-US TEXTILE PACT TAILORS QUOTA OF IMPORTS
Paula L. Green |
U.S. importers will see the universe of available Chinese textiles shrink by several million square
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Feb. 5, 1997Prevailing sellers' posted prices at the close of business, representi
BRIEFS
From Wire and Staff Reports |
HAWAII STATE SENATORSHEAR DEBATE ON TAX CREDITHONOLULU - Representatives of domestic insuran
GULF CANADA BOOSTS ITS OFFER FOR CLYDE BUT THE FIRM'S NOT CHOMPING AT THE BID
Reuters |
Gulf Canada Resources Ltd. Tuesday raised its hostile bid for Clyde Petroleum PLC, but the British o
PEOPLE ON THE MOVE
From Wire and Staff Reports |
NATIONAL LIFE OF VERMONTPatrick E. Welch is to be elected the Montpelier, Vt., company's cha
BUYERS FOUND FOR GOLDEN EAGLE \ 1,000 EMPLOYEES TO KEEP THEIR JOBS
Ron Lent |
Zurich Centre Group-U.S. with two partners has agreed to take over financially troubled Golden Eagle
AILING DUTRA DREDGES ON IN OAKLAND
Peter Tirschwell |
A project to deepen shipping channels at the Port of Oakland is continuing as scheduled, despite the
'96 PROFIT ALMOST DOUBLED FOR ACL
Journal Of Commerce Staff |
Atlantic Container Line, the trans-Atlantic carrier, almost doubled profit last year.The com
NEW TRUCK DRIVERS' PLAN ADVANCED
Bill Mongelluzzo |
Trucking companies that haul agricultural products are pushing an innovative plan to prevent driver
COST OF CREDIT
JOC Staff |
Wednesday, Feb. 5, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
RAIL WORKERS IN FRANCE PROTEST RESTRUCTURING
Christopher Burns |
Workers at France's state-owned railroad staged a strike Wednesday to protest cost-cutting restructu
NEW YORK BATTLE OVER AUTO RATES HEATS UP \ CITY SAYS INSURERS, STATE UNCOOPERATIVE ON DATA
Margo D. Beller |
A new battle between auto insurers and New York Mayor Rudolph Giuliani heads to a New York state cou
BRIEFS
From Wire and Staff Reports |
SHIPSCREW THAT RAN AGROUNDWAITED TO CALL FOR HELPMIAMI - Six hours passed be
INFRASTRUCTURE AND POLITICS CLOUD AIR FREIGHT'S FUTURE
Michele Kayal |
Air freight is taking off worldwide, but experts say difficult international relations and strained
JAPAN DISPLEASED BY MOSCOW STATEMENT ON SUNKEN TANKER
Bridge News |
Japan voiced strong displeasure at Moscow's view that the sunken tanker Nakhodka collided with an un
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,524-$1,595 per ton lo
CLINTON SETS LATIN VISITS
Reuters |
President Clinton will visit Mexico April 11-12 and make a separate trip to Barbados, Costa Rica, Br
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Feb. 4, 1997Prev. Life of Contr. Open Open High Low
US, EU UPBEAT ON MEAT TALKS
Reuters |
U.S. and European officials reported major progress this week in talks on their respective meat impo
Maritime
US PANS AUSTRALIA WHEAT SALES PLAN
Associated Press |
A senior U.S. official on Wednesday sharply criticized the way Australia sells wheat in foreign mark
PEOPLE ON THE MOVE
From Wire and Staff Reports |
BLUE STAR (NORTHAMERICA) LTD.H. Fredrik Ervell was named pricing supervisor for Blue Star in
SNAKE RIVER PORT ADDS LOG EXPORT CUSTOMER
Journal Of Commerce Staff |
Downriver log barging from the shallow-water Port of Clarkston, Wash., on the Snake River, could exp
BRIEFS
From Wire and Staff Reports |
TWA BOARD OF DIRECTORSWARNED OF POSSIBLE SUITST. LOUIS - The 15,000 owner-employees of TWA h
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 5, 1997Quotations are based on prices reported in the market or obtained from sup
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeFeb. 5, 1997 Brent Crude Oil - (Dollars Per Barrel)
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 9, 1996, - Feb. 5, 1997, (a graph)*
JACK FROST DIDN'T NIP AT CITRUS AS MUCH AS FEARED \ MOST FLORIDA GROWERS EXPECTED MORE DAMAGE
Howard Simon |
The mid-January frost that took most of Florida's agriculture industry by surprise was far less dama
BRIEFS
From Wire Reports |
ENRON'S INDIA PROJECTGETS BACK ON COURSEBOMBAY - Construction of India's largest private pow
TACA LINES TRY OUT NEW RATING PLAN
Janet Porter |
A new inland pricing structure in Europe is being tested by members of the Trans-Atlantic Conference
CP: DON'T BLAME THE RAILWAYS FOR DELAYS IN GRAIN EXPORTS
Shannon A. Schindle |
An official with Canadian Pacific Railway Wednesday said allegations that the railways are to blame
NS BUYS CONRAIL STOCK, NEARS "POISON PILL' TRIGGER
Journal Of Commerce Staff |
Norfolk Southern Corp. Wednesday advanced its bid to acquire Conrail Inc. by buying nearly 10 percen
FREIGHT RATE FUTURES
JOC Staff |
Feb. 5, 1997Baltic International Freight Futures Market Prev.Close High Low
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
CARGILL PURSUING DEAL TO SELL GRAIN TO NORTH KOREANS
Bridge News |
Cargill Inc. is still interested in selling wheat and rice to North Korea, despite reports that the
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