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LONG-TERM GROWTH IN SALES EXPECTED \ FARM SECTOR DECLINE LED BY GRAIN, COTTON WHEAT UP DRAMATICALLY
Paul F. Conley |
The world, it would seem, is losing its appetite for U.S. farm exports. But a projected drop in agri
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 25, 1996Prev. Life of Contr. Open Open High Low
GLOBAL MARKET FOR US SMALLER \ TRADITIONAL RIVALS BOUNCING BACK FAST WITH LARGER CROPS
Howard Simon |
U.S. grain exporters will be getting a smaller slice of the global pie this year as a result of incr
SPOT PRODUCT PRICES
JOC Staff |
Sept. 25, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f
AFFECTIONS STILL ALIENATED \ OFF THE RECORD, SHIPPERS DON'T HOLD THEIR PEACE ABOUT UP-SP MARRIAGE
Dan Lang |
The marriage of the Union Pacific and the Southern Pacific railroads has been consummated. Each comp
BRIEFS
From Wire and Staff Reports |
AID CLEARED TO KEEPCREDIT LYONNAIS AFLOATBRUSSELS - The European Commission on Wednesday cle
Maritime
AGENCY AGAIN REVALUES CUBA'S PESO AGAINST DOLLAR
Bridge News |
Cuba's government-run exchange office has revalued the peso against the dollar in the fourth such ad
Maritime
API WEEKLY REPORT \ CRUDE STOCKS FELL IN LATEST WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories fell 800,000 barrels during the week ended Sept. 20, compared with the pr
INDIAN OFFICIAL SEES THE ECONOMY SLOWING
N. Vasuki Rao |
After clocking up robust economic expansion of 7 percent in fiscal 1996, growth in the current year
Maritime
IMF: WORLD FISCAL OUTLOOK ENCOURAGING
Richard Lawrence |
The rest of the decade should see a steadily improving global economy with growth averaging over 4 p
Maritime
QUOTE TO NOTE
Stephen Marvin, Economist Sangyong Securities and Investment |
''(The Korean economy is) a combination of Arnold Schwarzenegger's upper body and Woody Allen's legs
Maritime
FRANCE RAPS US STANCE ON TRADE, UN, IRAQ
Evelyn Leopold |
France told the United States Wednesday to stop trying to regulate world trade despite allied protes
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Sept. 25, 1996Prevailing sellers' posted prices at the close of business, represen
ALGERIAN, US OIL FIRMS SIGN $177 MILLION DEVELOPMENT DEAL
Reuters |
U.S. oil firms Anadarko Petroleum Corp. and Halliburton Co. Tuesday signed a $177 million accord wit
US ORDERS COLONIAL TO TEST ENTIRE PIPELINE
Associated Press |
The nation's biggest petroleum pipeline is hazardous, and its owners have been ordered to test the e
BRIEFS
From Wire Reports |
EXXON JUDGMENT ENTERED,SETTING STAGE FOR APPEALSANCHORAGE - The Exxon Valdez oil spill case
BRIEFS
From Wire and Staff Reports |
SHIP MANAGERS CALLFOR UNIFORMITYLONDON - Ship managers gathered in Cyprus for the annual mee
TEXAS CHEMICAL EXPORTS SLUMPED IN FIRST HALF OF '96 \ ANALYSTS ARE CONFUSED OVER WHY SALES ARE OFF
Kevin G. Hall |
When half-year trade statistics for Texas exports came out earlier this month, one of the only secto
PEOPLE ON THE MOVE
JOC Staff |
UNIVERSITY OF DENVERFormer Federal Railroad Administrator Gil Carmichael was named chairman
FEFC AGAIN CONSIDERS SIMPLIFICATION OF ITS TARIFF
Janet Porter |
A proposal to simplify the highly complex matrix of freight rates that comprises the tariff of the F
SRI LANKA AIMS TO ATTRACT CARGO FROM INDIAN PORTS
N. Vasuki Rao |
The Sri Lanka Ports Authority will create a company aimed at attracting more transshipment cargo fro
REPORT ADDS LITTLE TO RAIL "WORKERS COMP' DEBATE
Rip Watson |
A federal report on the financial impact of the railroads' injury compensation system leaves managem
FLAG FLEET, MILITARY MIGHT: A RELATIONSHIP IN FLUX
Allen R. Wastler |
Ocean shipping now is much different from the way it was 50 years ago.So is war.Little wonde
BRIEFS
From Wire and Staff Reports |
MGIC ASSUMES RISKON MORE POLICIESMILWAUKEE - MGIC Investment Corp. will assume the risk and
CHINA'S STATE-OWNED INSURANCE FIRM RECOVERS $2 BILLION FOR 350 EXPORTERS
P.T. Bangsberg |
China's attempt to educate exporters about the benefits of taking out insurance cover got a boost We
CARRIERS START QUEUING UP FOR SUBSIDIES \ SENATE-PASSED BILL ON ITS WAY TO CLINTON
Stephanie Nall |
With the political wrangling over, shipping companies are scrambling to be among the select few to b
STATE INSOLVENCY FUNDS WARY OF EMLICO ISSUE \ REINSURERS SEEK REVIEW OF BERMUDA RELOCATION
Tom Mcniff Jr. |
More than a dozen state insurance insolvency funds are staying away from major reinsurers seeking to
ISO VOTES TO SWITCH TO FOR-PROFIT STATUS
Margo D. Beller |
In a move to make it more attractive to the financial markets, Insurance Service Office Inc. voted W
JOURNAL OF COMMERCE - FAST FACTS \ US TEXTILE, CLOTHING IMPORTS: SYNTHETIC FIBERS
Commerce Department Textiles Office |
No text.
BRITTAN LIKELY TO BE ON HOT SEAT AT MEETING OF 4 WORLD POWERS
Bruce Barnard |
European Union trade commissioner Sir Leon Brittan is likely to be on the defensive today at a cruci
AGENTS SEEK 11TH-HOUR VOTE
Margo D. Beller |
Insurance agents and companies are jamming congressional fax and phone lines in one last effort to g
JAPAN TO DELAY SUBSIDIARIES' ENTRY INTO "THIRD SECTOR'
From Wire Reports |
Japan told the United States yesterday that it won't permit Japanese insurers' subsidiaries to enter
CARIBBEAN, TOP SOURCE OF US IMPORTS OF APPAREL, WARY OF MEXICAN THREAT
Canute James |
The Caribbean Basin has strengthened its position as the leading source of U.S. apparel imports, but
Maritime
BRIEFS
From Wire and Staff Reports |
DOLLAR-DENOMINATED LOANPLAN EXTENDED BY IDBWASHINGTON - The Inter-American Development Bank
Maritime
MEXICO LED LATIN AMERICA IN MASTERCARD FRAUD
Associated Press |
Mexico registered the highest level of MasterCard credit-card fraud in Latin America in the first si
Maritime
MEXICO'S HIGHER MINIMUM WAGE NOT EXPECTED TO BOOST CONSUMPTION
Associated Press |
Even if Mexican workers are granted a substantial increase in minimum wages Jan. 1, there is unlikel
Maritime
GOING HAY-WIRE
Bill Mongelluzzo |
A rate war involving hay exports is raging in the Pacific as ship lines scramble for cargo in a soft
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 25, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
DOLLAR RISES AFTER TUESDAY'S SHAKE-UP
Bridge News |
The U.S. dollar rose sharply Wednesday, rebounding from Tuesday's knee-jerk decline which came on ne
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