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BRIEFS
From Wire and Staff Reports |
LOUISIANA REJECTSSTATE FARM RATE BIDBATON ROUGE, La. - A state insurance panel voted down a
COMMERCIAL EARTHQUAKE INSURANCE MARKET STURDY \ 1994 TEMBLOR FAILED TO AFFECT THIS COVERAGE
Ron Lent |
While the California homeowners/earthquake insurance marketplace has been badly shaken since the Nor
GERMANY'S INSURERS ADVISED TO ADAPT
Margo D. Beller |
German insurers, particularly midsized companies, will have to become specialists to survive in that
EARNINGS
From Wire and Staff Reports |
AIG 3RD-QUARTER NET RISESAS P/C BUSINESS GROWSNEW YORK - Third-quarter net income at America
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ILLINOIS INSURANCE EXCHANGEJames E. Tait has been elected by the Illinois Insurance Exchange
BENFIELD CHAIRMAN AMONG 5 KILLED IN HELICOPTER CRASH
Wire And Staff Reports |
Matthew Harding, chairman of Benfield Group, the British reinsurance broking company, and vice chair
STATE FARM TO SETTLE CASE IN TEXAS FOR $22 MILLION
Associated Press |
State Farm Insurance Co. agreed to pay some of its Texas policyholders about $22 million after it wa
BRIEFS
From Wire and Staff Reports |
FEDEX PILOTS' VOTESFOR UNION TO BE TALLIEDWASHINGTON - Some 3,000 Federal Express pilots' vo
NATIONAL LAW CENTER PUBLISHES NORTH AMERICAN TRANSPORT BOOK
Journal Of Commerce Staff |
The National Law Center for Inter-American Free Trade has published an authoritative book on North A
TWO MARINE ENGINEERS UNION LEADERS PLEAD GUILTY IN LABOR ELECTION-FIXING CASE
Journal Of Commerce Staff |
Two former members of a U.S. marine engineers union have pleaded guilty in connection with one of th
BRIEFS
From Wire and Staff Reports |
NORANDA EXPANDINGCOPPER, ZINC OPERATIONSTORONTO - Noranda Inc., Canada's largest natural res
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
ECUADOR PUSHING PRIVATIZATION TELECOM SECTOR 1ST ON BLOCK
Richard Lawrence |
Ecuador is on the verge of a major effort to privatize its state-owned enterprises.As the fi
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 24, 1996Quotations are based on prices reported in the market or obtained from su
BRIEFS
From Wire Reports |
RUSSIA'S REVENUE WOESCAUSE IMF TO DELAY LOANMOSCOW - Russia failed to reach a deal with the
Maritime
BANGLADESH HOPES FOREIGN INVESTORS WILL HELP COUNTRY RISE FROM POVERTY
Gordon Platt |
Bangladesh, one of the poorest countries in the world, is counting on foreign investment to boost gr
QUOTE TO NOTE
Robert Voltmann, Director of Policy, NIT League, commenting on |
''We're going to sit on the porch and watch the big dogs fight it out.''
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 244.11 off 0.81
SPOT COMMODITIES
JOC Staff |
Oct. 24, 1996Included are list prices of suppliers. Quotations do not necessarily represent
NORTH KOREAN PLANS TO TEST NEW MISSILE RAISE GLOBAL ALARMS
Michael S. Lelyveld |
North Korea's preparation for a possible missile test has set off security alarms from Washington an
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOct. 24, 1996 Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 24, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32
GASOLINE PRICES
JOC Staff |
Oct. 24, 1996RESELLER RACK Unleaded Mid- Premium-Unle
US FEARS RETURN TO OLD WAYS IN JAPAN \ LDP WANTS TO LIFT BAN ON HOLDING COMPANIES
Tim Shorrock |
A push by Japanese business and the ruling Liberal-Democratic Party to lift a ban on holding compani
AIR FREIGHT RATES HAVING TROUBLE GAINING ALTITUDE
Andrew Blum |
Demand for cargo space on airplanes traversing the Atlantic is taking off as Americans and Europeans
EX-IM BANK DECISION TO COST PENNSYLVANIA FIRM $100 MILLION
John Maggs |
President Clinton has made U.S. trade policy more responsive than ever to environmental concerns, so
CLINTON AIDE SLAMS RAILROAD MERGERS \ ADMINISTRATION SAYS COMPETITIVE QUESTIONS NEED TO BE ADDRESSED
Rip Watson |
The Clinton administration Thursday warned of an ''amazing implosion of the railroad industry'' from
S. KOREA JOINS CLUB OF THE RICH
Tim Shorrock |
South Korea will complete a long transition from developing to industrialized nation today when it b
TEXTILE SWEATSHOPS: EUROPE
JOC Staff |
Photo only.
RIDING THE RAILS ON DISCARDED YOGURT CUPS
Rip Watson |
That discarded cup from the yogurt you had for lunch today has a future - as a railroad tie.
BRIEFS
From Wire and Staff Reports |
SHIPSVLCC QUARTERLY RATESBEST IN FIVE YEARSLONDON - Very-large crude carriers in the
TRANSPORT EARNINGS IN HIGH GEAR \ ANALYSTS: RISING FUEL COSTS TO HIT AIRLINES IN 4TH QUARTER
Andrew Blum |
Fourth-quarter airline industry earnings are expected to face continuing pressure from fuel prices t
MARITIME BRIEFS
From Wire and Staff Reports |
NEWPORT NEWS YARDDELAYS TANKER DELIVERYNEWPORT NEWS, Va. - Newport News Shipbuilding has del
JOURNAL OF COMMERCE - FAST FACTS \ US TRADE DEFICIT: KEY PARTNERS
Global Trade Information, Columbia, S.C. |
No text.
COST OF CREDIT
JOC Staff |
Thursday, Oct. 24, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
PEOPLE ON THE MOVE
From Wire and Staff Reports |
MENLO LOGISTICS INC.David Foster was named director of business development for the electron
BALTIC FREIGHT INDEX
JOC Staff |
1238 (Oct. 24, 1996) Previous day - 1221The Baltic International Freight Futures Market in L
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BUSINESS PANEL SUBMITS RECOMMENDATIONS TO APEC
Journal Of Commerce Staff |
A 52-member business panel representing the United States and 17 other countries has recommended ini
DOLLAR FALLS AS GERMAN RATES LEFT UNCHANGED
Bridge News |
The U.S. dollar fell slightly Thursday as the Bundesbank declined to lower its interest rates.
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