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BRIEFS
From Wire and Staff Reports |
BIG ENCHILADAS: ADM,GRUMA IN TORTILLA DEALWASHINGTON - A $280 million merger of the two larg
BRIEFS
From Wire Reports |
MINING CHIEF VOWSTO STAY COURSEPIKEVILLE, Ky. - The new acting chief of the U.S. Office of S
WITH CANADIAN AID, CUBA SEEKS RECORD NICKEL OUTPUT \ HAVANA SETS GOAL OF 55,000 TONS
Lionel Martin |
Cuba's nickel industry together with Canadian partner Sherritt International Corp. was seeking to sh
ADM EXPECTED TO SURVIVE BARRAGE OF INDICTMENTS
Matt Kelley |
After years of cultivating their price-fixing case against agribusiness giant Archer Daniels Midland
FEFC SEEKS WAYS TO REVIVE RATES \ IN SHADOW OF P&O-NEDLLOYD DEAL, CARRIERS DEBATE ANOTHER INCREASE
Janet Porter |
Just when ocean carriers operating in the Europe-Asia trades were starting to experience more settle
AIR INDIA TO SEEK FINANCIAL BIDS FROM AIRCRAFT MAKERS
N. Vasuki Rao |
Three major aircraft manufacturers competing for a huge order from state-owned Air India will soon b
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Sept. 22, '95 - Sept. 16, '96 (a graph)*
MEXICO'S FINANCE MINISTRY ANNOUNCES NEW $750 MILLION BOND ISSUE
Journal Of Commerce Staff |
Mexico's Finance Ministry announced Monday a new $750 million bond issue, written by international f
MERGER UPSETS AGENDA FOR SHIP STRATEGY SESSION
P.T. Bangsberg |
It was supposed to be ''the rates, stupid'' when the world's maritime community gathered here this w
QUOTA WATCH
International Development Systems Inc., Washington |
CURRENT TEXTILE QUOTAS:Where the average recent utilization rate indicates full quota utiliz
Maritime
EU-US POLITICS SNAG TECH TARIFF TALKS
John Maggs |
An ambitious plan to eliminate tariffs for computers and other high-technology goods is on the rocks
MEXICAN LABOR BIDS FOR INCREASED WAGES
Reuters |
With political pressures mounting against the government of President Ernesto Zedillo Ponce de Leon,
Maritime
RAYTHEON TO UPGRADE NATION'S AIR TRAFFIC SYSTEM
The Associated Press |
The government Monday awarded a contract potentially worth $1 billion to upgrade the nation's air tr
BRIEFS
From Wire and Staff Reports |
UP UNVEILS TERMSOF STOCK, CASH EXCHANGEBETHLEHEM, Pa. - Union Pacific Corp. announced the te
SPOT PRODUCT PRICES
JOC Staff |
Sept. 16, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f
OIL TYCOON TAPED PAYOFF DISCUSSIONS, MAGAZINE REPORTS
Associated Press |
Oil tycoon Armand Hammer secretly recorded conversations in which he discusses payoffs of $3 million
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 16, 1996Prev. Life of Contr. Open Open High Low
UN CHIEF: AFRICAN NATIONS NEED BREAK
John Zarocostas |
Rich countries should exempt poor African nations from international trade rules on elimination of s
LOCOMOTIVE GIANT LAUNCHED
Rip Watson |
The national railroad network may be getting smaller, but the locomotives using those routes keep ge
QUOTE TO NOTE
Lisa MacGillivray |
''Anything that is simple is good.''
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of BRIDGE News, (formerly |
GLOSSARYAR: American Tanker RateCchedule RevisedRS: American Tanker Rate Schedule
FREIGHT RATE FUTURES
JOC Staff |
Sept, 16, 1996Baltic International Freight Futures Market Prev.Close High Lo
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeSept. 16, 1996 Brent Crude Oil - (Dollars Per Barrel)
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 16, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 2
DAILY PETROLEUM PRICES
JOC Staff |
Monday Sept. 16, 1996Prevailing sellers' posted prices at the close of business, representin
COST OF CREDIT
JOC Staff |
Monday, Sept. 16, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FIRM UNVEILS DATA CHIP PLAN
Reuters |
South Korea's LG Semicon Co. unveiled an ambitious plan Monday to become one of the world's top five
GAINS IN MOST SECTORS BOOST JOFC INDEX 1.4 PERCENT
Chris Isidore |
A strong week for stocks in most transportation sectors saw a 1.4 percent rise in the Journal of Com
GROUPS OUT TO BLOCK "WASTEFUL' ROAD PLANS
Rip Watson |
A coalition of taxpayer, environmental and public interest groups Thursday launched a grass-roots ca
BRIEFS
From Wire and Staff Reports |
NO SURVIVORS FOUNDFROM CHILEAN SHIPSANTIAGO, Chile - Navy rescuers Sunday found debris from
BRIEFS
From Wire and Staff Reports |
RUSSIAN JOBLESS RATELITTLE CHANGED FOR AUGUSTMOSCOW - While Russia's jobless rate has crept
Maritime
PARTIES SETTLE IN FERRY DISASTER
Helen R. Macleod |
The final piece of the complex jigsaw of payments to victims of the 1994 Estonia ferry disaster has
GOLDEN EAGLE UNDER FIRE
Ron Lent |
California's insurance department has ordered the state's third-largest workers compensation insurer
BERNE BACKS PROBE INTO FATE OF NAZI-ERA WEALTH
Reuters |
The Swiss government, under pressure to explain the fate of Nazi gold, on Monday endorsed an officia
BUYERS PROP DOLLAR'S DROP IN A QUIET TRADE SESSION
Bridge News |
The U.S. dollar hovered close to its low for the day in trading Monday afternoon, but buyers moved i
US FOREST INDUSTRY TAPPING INTO JAPAN'S GROWING DEMANDS \ WESTERN-STYLE DESIGN INCREASINGLY POPULAR
William Dibenedetto |
U.S. forest products and housing manufacturers may have their best chance ever to open wider the doo
Maritime
SUCCESS OF DEVELOPMENT PROGRAMS HINGES ON LOCAL INPUT, BOOK WARNS
Paula L. Green |
International development programs designed to raise living standards for the world's poorest people
Maritime
SUPERIOR BIDS FOR PAC RIM
Reuters |
Superior National Insurance Group Inc., a workers compensation insurer in California and Arizona, ha
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three weeks ended Sept. 7, 1996, vs. similar 1995 periodCars Cars Loaded Loaded
TEXAS EXPORTS BOOSTED BY A RECOVERING MEXICO
Kevin G. Hall |
Fueled by a return to growth in Mexico's sluggish economy, Texas posted merchandise exports of nearl
Maritime
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