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BRIEFS
From Wire Reports |
CANADA HOPES TELECOMWILL BOOST INDIA TRADECALCUTTA - Canada hopes to boost trade with India
Maritime
DOWNTURN IN PROFIT FORECAST FOR LLOYD'S \ IN '94, '95, MARKET ENJOYED BUMPER RESULTS
Janet Porter |
Lloyd's of London underwriters could see their profit come under pressure over the next three years
MEDIATION TALKS SET IN DHL LAWSUIT
Andrew Blum |
A four-year-old lawsuit charging DHL Airways Inc. knowingly transported a dangerous chemical used as
RADIO OFFICER PROTEST DRAWS LITTLE SUPPORT
Bill Dibenedetto |
A walkout by the lone radio officer on the APL Ltd. ship President Polk on Friday appeared unsuccess
NUCLEAR WASTE RETURNING TO JAPAN
Reuters |
A 40-metric-ton load of processed nuclear waste was discreetly shipped by train overnight under heav
MARITIME BRIEFS
From Wire and Staff Reports |
XTRA INTERNATIONALGAINS ISO CERTIFICATIONSAN FRANCISCO - XTRA International, the marine cont
WASHINGTON URGED TO GET SOUTHWEST AIR TO BACK CLAIMS
Journal Of Commerce Staff |
The country's seven major airlines have asked the federal government to help get documents from Sout
INSURERS SEEK LIMITS ON BANKS \ INDUSTRY WANTS STATE, NOT FEDERAL, REGULATION
Margo D. Beller |
National banks may have won the battle over selling insurance, but the insurance industry is bent on
RUSSIAN BILLIONAIRE TOUTS INVESTMENT OPPORTUNITIES \ BEREZOVSKY ADDRESSES HARVARD SYMPOSIUM
Michael S. Lelyveld |
It was something like the Russian version of ''Mr. Smith Goes to Washington'' when the billionaire p
Maritime
SILICON VALLEY TO HEAR ADVANTAGES OF MALAYSIA'S "SUPER CORRIDOR' PLAN
P.T. Bangsberg |
Malaysia's technology-minded Prime Minister Mahathir Mohamad today will kick off a sales pitch in Si
Maritime
BRIEFS
From Wire and Staff Reports |
AIRMEXICO TO RELEASE RULESFOR AIRPORT PRIVATIZATIONSMEXICO CITY - Mexico is
BRIEFS
From Wire and Staff Reports |
30 BN COAL CARSDERAIL IN NEBRASKAPHILLIPS, Neb. - Thirty loaded Burlington Northern coal car
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 10, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 34
BRIEFS
From Wire Reports |
BEIJING STATE COMPANIESBEGIN BANKRUPTCY ACTIONSBEIJING - China's capital Beijing has begun i
Maritime
INFLATION ISN'T IN THE CARDS FOR '97, ANALYSTS SAY
Howard Simon |
For the second year in a row, the U.S. economy in 1997 will experience relatively little inflation,
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 241.71 off 0.46
BRIGHT FIELD CRASH TOO LATE TO AFFECT LIABILITY RATE SLIDE
Janet Porter |
If last month's dockside disaster in New Orleans had occurred a few weeks earlier, shipowners might
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
SOURCE: Currency Data & Intelligence Inc., New York. |
As of Dec. 31, 1996Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
CLARIFICATION
From Wire and Staff Reports |
The story headlined ''Norfolk Southern asks Marad to back its bid for Conrail'' that appeared Friday
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJan. 10, 1997 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire Reports |
CANADA BACKS INDIA'SBID TO JOIN APECCALCUTTA - Canada, set to chair a summit of the Asia-Pac
Maritime
KOREA STILL OBJECT OF GLOBAL SCRUTINY AS WORKERS GET READY TO STRIKE AGAIN
Tim Shorrock |
South Korea will remain under intense international scrutiny this week as it prepares for another th
Maritime
APPAREL MANUFACTURER FINED
Reuters |
A court Friday fined a garment manufacturer for affixing ''Made in Hong Kong'' labels to Chinese-mad
Maritime
BRIEFS
From Wire and Staff Reports |
SAFECO: $35 MILLIONIN WINTER CLAIMS LIKELYSEATTLE - Safeco Corp. said it expects approximate
CP CHIEF SAYS LYKES CAN SUCCEED
Tom Baldwin |
The president of the would-be buyer of Lykes Bros. Steamship Co. says he cannot make promises to eve
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100%) is as follows
MEXICO GRAIN ELEVATOR ON BLOCK \ 3 GROUPS SET TO BID ON GOVERNMENT PROJECT
Lowry Mcallen |
Mexican construction giant Grupo ICA, shipping firm Transportacion Maritima Mexicana (TMM) and corn
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
WOOL IMPORTERS RELIEVED BY FAILED CHECKOFF TAX PLAN
Paula L. Green |
U.S. wool importers are breathing a sigh of relief: a second referendum to create a national checkof
Maritime
UNEMPLOYMENT HAUNTS REUNIFICATION \ JOBLESSNESS MAY RISE AS STATE PROJECTS FADE
Robert Koenig |
When Mayor Hans-Juergen Haase shows visitors the town's crumbling medieval towers, he also points ou
Maritime
GASOLINE PRICES
JOC Staff |
Jan. 10, 1997RESELLER RACK Unleaded Mid- Premium-Unle
BRIEFS
From Wire and Staff Reports |
AMOCO CANADA EXPLORESSALE OF DRILLING UNITCALGARY - Energy producer Amoco Canada announced T
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 10, 1997Quotations are based on prices reported in the market or obtained from su
BIG 3 CARMAKERS, JAPANESE AGREE YEN IS TOO WEAK
Tom Connors |
It's not every day that U.S. carmakers and top Japanese economic officials agree that the yen is too
CALIFORNIA JUDGE DISMISSES LAWSUITS AGAINST FRITZ COS.
Journal Of Commerce Staff |
A state judge dismissed all shareholder rights lawsuits brought in California courts against Fritz C
FIGHTING HUGE AWARD, STATE FARM SEEKS TRIAL
Associated Press |
State Farm claims jurors were biased and is seeking a new trial involving a lawsuit that alleged fra
BA, AMERICAN SEEK US ANTITRUST IMMUNITY FOR DEAL
Stephanie Nall |
American Airlines and British Airways took another step toward a massive business alliance, formally
BALTIC FREIGHT INDEX
Journal of Commerce |
January 10: 1507
DAILY PETROLEUM PRICES
JOC Staff |
Friday Jan. 10, 1997Prevailing sellers' posted prices at the close of business, representing
BALTIC FREIGHT INDEX
JOC Staff |
1507 (Jan. 10, 1997) Previous day - 1505The Baltic International Freight Futures Market in L
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