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NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 25, 1996Prev. Life of Contr. Open Open High Low
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
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
PEOPLE ON THE MOVE
JOC Staff |
UNIVERSITY OF DENVERFormer Federal Railroad Administrator Gil Carmichael was named chairman
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
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
JAPAN NOMINEE ENTERS RACE FOR TOP ANTI-PIRACY POST
Journal Of Commerce Special |
The decision by Japan this week to sponsor a candidate for the top job at the World Intellectual Pro
Maritime
LATE CARRIER SEEKS TO COLLECT LATE PENALTIES
Gregory S. Johnson |
It is enough to make traffic managers swear off opening their mail again.The attorney for de
APL SEES NO OBLIGATION TO ACCEPT NEW SUBSIDIES
Peter Tirschwell |
Now that new subsidies for U.S. ocean carriers are approved by the Senate and headed for the Preside
FREIGHT RATE FUTURES
JOC Staff |
Sept, 25, 1996Baltic International Freight Futures Market Prev.Close High Lo
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
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
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
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
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
BRIEFS
From Wire and Staff Reports |
DOLLAR-DENOMINATED LOANPLAN EXTENDED BY IDBWASHINGTON - The Inter-American Development Bank
Maritime
ROUGH SEAS FORCE SHIP LINES TO ADAPT
Janet Porter |
Shipping cargoes from Asia to east Mediterranean destinations was never a popular option for Contshi
TRANSPORTATION CALENDAR
JOC Staff |
SEPTEMBERS.O.S. Safety on Ships. Through Dec. 30. New York. Exhibit on New York's maritime t
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 245.31 up 1.47 wh
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
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
BRIEFS
From Wire and Staff Reports |
MGIC ASSUMES RISKON MORE POLICIESMILWAUKEE - MGIC Investment Corp. will assume the risk and
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
INVENTORY, WAREHOUSING COSTS HIGH, DESPITE JUST-IN-TIME DELIVERY PRACTICES
Peter Tirschwell |
The cost of carrying inventory continues to rise in the United States despite companies' efforts to
BRIEFS
From Wire and Staff Reports |
SHIPSLACK OF FUNDS THREATENSIMO SAFETY PROGRAMLONDON - International Maritime Organi
BALTIC FREIGHT INDEX
JOC Staff |
992 (Sept. 25, 1996) Previous day - 995The Baltic International Freight Futures Market in Lo
DEEP-WATER BLOCKS IN GULF LURE BIDDERS
James Pierpoint |
Independent oil and natural gas producers are expected to take the plunge into deeper waters on Wedn
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
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
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
BRIEFS
From Wire and Staff Reports |
SHIP MANAGERS CALLFOR UNIFORMITYLONDON - Ship managers gathered in Cyprus for the annual mee
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 25, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
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
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
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
SOFTWARE SET TO DOMINATE CHINA-US TRADE CONFERENCE \ UNITED STATES LOOKING FOR MORE MARKET ACCESS
Richard Lawrence |
U.S. officials will press China for greater market access for U.S. computer software in high-level t
CORRECTION
JOC Staff |
A graphic on Page 1A in the Sept. 25 edition describing the Burlington Northern Santa Fe rail merger
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