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DAILY PETROLEUM PRICES
JOC Staff |
Monday Oct. 7, 1996Prevailing sellers' posted prices at the close of business, representing
BRIEFS
From Wire and Staff Reports |
CHINA INSURER PAYS OUT$26 MILLION ON SATELLITEBEIJING - The People's Insurance (Property) Co
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
TAIWAN EXPECTS TO MAINTAIN HONG KONG TRADE, SHIP TIES
Dennis Engbarth |
While most pundits have focused on how Hong Kong will fare after it reverts to China next summer, th
Maritime
MONGOLIAN FORWARDER LOOKS TO PUT NATION ON TRADE MAP
Kevin G. Hall |
Chances are, most people cannot find Mongolia on the map. Not to worry - if needed, there are four f
Maritime
PAKISTAN BUILDS SOFTWARE PARK AS IT TRIES TO GAIN ON INDIA
N. Vasuki Rao |
Pakistan's first software technology park is being built in the capital of Islamabad to help the cou
Maritime
UK SUPPORTS EU ON RAIL CARGO PLAN
Journal Of Commerce Staff |
Plans by the European Commission to introduce rail freight freeways across the continent have been w
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 7, 1996Quotations are based on prices reported in the market or obtained from sup
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 245.97 up 0.13 whi
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Oct. 7, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 32.
BRIEFS
From Wire and Staff Reports |
BRITISH EXPERTS TO RUNARGENTINE PORTLONDON - A British joint venture has won the contract to
PEOPLE ON THE MOVE
From Wire and Staff Reports |
PORT OF SAN FRANCISCOLewis H. Wiseman was named director of tenant and maritime services. He
TRUCKERS GET YARD AID
Journal Of Commerce Staff |
GATX Logistics Inc. has developed a trucking yard management system that allows shippers to electron
COST OF CREDIT
JOC Staff |
Monday, Oct. 7, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
COLUMBUS CONSIDERS BOXSHIP TRANSFER
Alan Abrams |
Columbus Line is considering diversion of a containership from a Philadelphia terminal being struck
BRIEFS
From Wire and Staff Reports |
NEW YORK-NEW JERSEYDREDGE PLAN DETAILEDNEW YORK - Gov. George Pataki of New York and Gov. Ch
FBI PROBING FRAUDULENT FOREIGN MEDICAL CLAIMS
Associated Press |
A $10,000 treatment for a runny nose. A hysterectomy on a 16-year-old boy.Two examples, expe
FLORIDA CHEERS LOWER WORKERS COMP RATES
From Wire Reports |
To the relief of small Florida companies, rates for workers compensation insurance will drop an aver
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Oct. 13, '95 - Oct. 7, '96 (a graph)* An
QUOTA WATCH
SOURCE: International Development Systems Inc., Washington |
CURRENT TEXTILE QUOTAS:Where the average recent utilization rate indicates full quota utiliz
Maritime
QUOTE TO NOTE
Greg Garcia, Director, International Trade Affairs for |
''We are, I suppose, unequivocally ambivalent.''
Maritime
BRIEFS
From Wire and Staff Reports |
EXPEDITORS OPENS OFFICESIN INDIA, BANGLADESHSEATTLE - Expeditors International of Washington
FREIGHT RATE FUTURES
JOC Staff |
Oct. 7, 1996Baltic International Freight Futures Market Prev.Close High Low
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeOct. 7, 1996 Brent Crude Oil - (Dollars Per Barrel)
THAI AIRWAYS ENTERS JOINT DEAL TO WIDEN ITS CARGO OPERATIONS
Ron Corben |
Thai Airways International, in a move to expand cargo services amid rising shipments, has entered a
MEXICO'S PARTIES AWAIT GUERRERO VOTE RESULTS
Journal Of Commerce Staff |
Mexico's three largest political parties Monday awaited election results in polling that took place
BRIEFS
From Wire and Staff Reports |
HIGH COURT WON'T REVIEWRULING IN SEAT BELT CASEWASHINGTON - The Supreme Court Monday let sta
Maritime
DHL HOPES TO PROFIT FROM INFRASTRUCTURE HOLES
Chris Isidore |
Infrastructure weaknesses in Eastern European countries could actually end up being one of the regio
Maritime
CHRYSLER LOSES IMPORT-DUTY APPEAL IN CAR-PART FLAP
Associated Press |
The Supreme Court Monday rejected Chrysler Corp.'s appeal involving an import-duties dispute with th
Maritime
US DOLLAR DECLINES AGAINST THE YEN
Bridge News |
The U.S. dollar declined Monday, particularly against the Japanese yen, in lackluster trading.
FIRM HOPES INTERMODAL PLAN GOES TO WASTE \ 3R TOUTING NEW WAY TO HAUL U.S. GARBAGE
Gregory S. Johnson |
James A. McFadden wants to take out your garbage.Well, not by himself. Actually, he wants hi
JOFC STOCK INDEX GAINS AS MOST SECTORS SHOW INCREASES BY CHRIS ISIDORE
Journal Of Commerce Staff |
A strong week in almost all the transportation sectors led to a 1.3 percent gain in the Journal of C
EU SEEKS DETAILS ON PLANNED AIRLINE SALE
Bruce Barnard |
The European air war escalated Monday amid allegations that France is plotting against British Airwa
UK'S TILBURY EYES MORE BOX TRAFFIC \ PORT HAS BEEN CITED FOR BEING SHORTSIGHTED
Janet Porter |
Tilbury, on the eastern fringes of London, is arguably Britain's best located port.And that
SPOT PRODUCT PRICES
JOC Staff |
Oct. 7, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
DESPITE STRONG OIL, GAS PRICES, LAYOFFS IN THE SECTOR CONTINUE
Houston Chronicle |
Oil prices are strong. Natural-gas prices are up.And yet layoffs continue in the Oil Patch.A
BRIEFS
From Wire Reports |
OIL, GAS RIG COUNTS DOWNFOR WYOMING, REGIONCASPER, Wyo. - Wyoming's rig count reached 45 for
THREE OIL GIANTS DISCUSS UNIT MERGERS
Associated Press |
Three of the world's biggest oil companies - Texaco Inc., Shell Oil Co. and Saudi Aramco - are talki
CUBA'S HARD CURRENCY CRISIS WORSENING, MINISTER WARNS \ LACK OF CREDIT, US EMBARGO BLAMED
Bridge News |
Cuba's hard currency crisis is worse than ever and urgent action is needed to remedy the situation,
BRIEFS
From Wire and Staff Reports |
GM'S CANADIAN STRIKEAFFECTS US WORKERSTONAWANDA, N.Y. - The effects of the Canadian strike a
Maritime
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