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CHINA CONSIDERS STOCKS FOR ROADWORK FUNDING
P.T. Bangsberg |
China reckons it needs $65 billion for highway construction in the coming five years, but will come
PORT OF EVERETT, WEYERHAEUSER AGREE ON SALE
William Dibenedetto |
The Port of Everett, Wash., reached agreement with forest products giant Weyerhaeuser to buy 170 acr
STB TO APPLY VARIABLE STANDARD TO RAIL RATE CASES
Rip Watson |
After more than a decade of waiting for the government to act, rail shippers have another method for
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Jan. 5, '95 - Jan. 2, '97 (a graph)* Ann
MALAYSIA TO ARREST ILLEGAL IMMIGRANTS
Associated Press |
The government is preparing to arrest and deport illegal immigrants who failed to take advantage of
Maritime
EU BEGINS ROUTINE PROBE OF MCI, BRITISH TELECOM
Reuters |
The European Commission said Thursday it was opening a routine probe into the planned $20 billion me
Maritime
BRIEFS
From Wire Reports |
RUSSIA'S LUKOIL TO BOOSTOUTPUT BY AROUND 1 PERCENTMOSCOW - Russia's largest oil company, Luk
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,400-$1,550 per ton lo
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 31, 1996Quotations are based on prices reported in the market or obtained from su
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeDec. 31, 1996 *Brent Crude Oil - (Dollars Per Barrel)
IRAQ, JORDAN MEET ON RENEWING OIL DEAL
Agence France-Presse |
Jordanian and Iraqi officials began talks here this week aimed at renewing an agreement on supplying
AGENCY GIVES HIGH MARKS TO TENNESSEE NUCLEAR PLANT
Associated Press |
Watts Bar Nuclear Plant, the country's most expensive, received favorable marks in its first major r
PEOPLE ON THE MOVE
From Wire and Staff Reports |
A&B HAWAIIW. Allen Doane was named chief executive.A&B Hawaii, along with Matson Navigation,
INVESTIGATION BY FLORIDA IS CALLED AN ABUSE OF POWER
Bruce Bryant-Friedland |
Lawyers for Prudential Insurance Co. of America have challenged Florida's effort to sanction the com
COMPETITION A BOON IN E. EUROPE MARKET
John Zarocostas |
Insurance companies doing business in Eastern Europe will post solid growth over the next five years
COVERAGE FALLS SHORT, PROTECTING INDUSTRY \ INSURED LOSSES LAG THOSE OF 1992
Helen R. Macleod |
Natural catastrophes worldwide caused $60 billion in damages in 1996, but cost the insurance industr
PEOPLE ON THE MOVE
From Wire and Staff Reports |
INSURANCE INSTITUTEFOR HIGHWAY SAFETYJerry D. Choate was named chairman of the board for thi
PRUDENTIAL FAIRNESS HEARING DELAYED FOLLOWING REQUEST BY POLICYHOLDERS
Jeffrey Gold |
A federal judge has delayed until Feb. 24 a fairness hearing on a proposed billion-dollar settlement
PANAMA PURSUES CANAL ZONE PLAN
Paula L. Green |
Imagine relaxing in your luxury Panamanian hotel room overlooking a scenic lake in the lush tropics
COST OF CREDIT
JOC Staff |
Tuesday, Dec. 31, 1996Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
SPOT COMMODITIES
JOC Staff |
Dec. 31, 1996Inncluded are list prices of suppliers. Quotations do not necessarily represent
FEDEX MAKING HEADWAY IN ITS PLANS TO OPEN A HUB IN TAIWAN
P.T. Bangsberg |
Federal Express Corp. seems to be making progress in its effort to open another Asian hub in Taiwan,
GASOLINE PRICES
JOC Staff |
Dec. 31, 1996RESELLER RACK Unleaded Mid- Premium-Unle
US GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Journal of Commerce |
No text.
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Dec. 31, 1996Prevailing sellers' posted prices at the close of business, representin
BRIEFS
From Wire and Staff Reports |
RIO DE JANEIRO STATETO SWALLOW BANK DEBTBRASILIA - Brazil's Rio de Janeiro state government
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
SOLID TRADE COURSE
P.T. Bangsberg |
Surprisingly soggy Hong Kong exports should rebound in 1997, aided by an increase in promotional fun
Maritime
GENSTAR GETS BACK TO BASICS \ NEW CHIEF STRESSES CLIENT-FOCUSED STRATEGY
Peter Tirschwell |
Six months after the abrupt departure of founder and President Raphael Che, a humbled Genstar Contai
PORT OF TACOMA LIKELY TO NAME INTERIM DIRECTOR
William Dibenedetto |
The Port of Tacoma is expected to name Don Meyer interim port director today while it conducts a nat
STB SETS RULES FOR CURTAILMENT OF RAIL SERVICE
Journal Of Commerce Staff |
The Surface Transportation Board announced new rules for handling rail abandonments and discontinued
NUCLEAR ROD SHIPMENTS OVERCOME STATE LAWSUIT
Associated Press |
A federal judge has dismissed South Carolina's third lawsuit challenging a plan to ship foreign nucl
ILLEGAL DRUG TRAFFICKING _ A MONKEY ON THE BACK OF THE INDUSTRIALIZED WORLD
Arthur Gottschalk |
It's bigger than big, rivaling the world trade in crude oil. It's created one of the largest pools o
GREEN THUMB NOT NEEDED TO "GROW' SYNTHETIC DRUGS
Journal Of Commerce Staff |
The manufacture of cocaine, heroin and methamphetamines all require large amounts of ''precursor'' c
Maritime
MAD COW SCARE SENDS CHINA'S BEEF EXPORTS OVER THE MOON
Reuters |
Fears over Britain's mad cow disease have sent Chinese beef exports soaring as Hong Kong and Southea
CARRIERS UNDER PRESSURE
Peter Tirschwell |
Ocean carriers, rather than importers and exporters, are bearing the brunt of the cost from dockwork
CHINA SETS SPECIAL TAX RATE OF 15 PERCENT FOR FOREIGN BANKS' YUAN BUSINESS
Reuters |
China announced Tuesday a preferential tax rate of 15 percent for foreign banks doing business in it
FED'S GREENSPAN TO MARRY
Reuters |
U.S. Federal Reserve Chairman Alan Greenspan and NBC television reporter Andrea Mitchell plan to mar
BRIEFS
From Wire and Staff Reports |
CANADIAN LAW TO COUNTERHELMS-BURTON ACTOTTAWA - Legislation to protect Canadian businesses f
Maritime
CRITICS SAY TOYOTA'S VERSION OF CAVALIER MUST GET IT IN GEAR
Alan Adler |
Engines that stall. Turn signals that don't work.It's been a rocky start for the Toyota Cava
Maritime
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