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KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 244.40 up 0.22 wh
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 18, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 2
BRIEFS
From Wire and Staff Reports |
SHIPSAUSTRALIAN WORKERS CALLBANS ON INDONESIAN SHIPSMELBOURNE, Australia - Australia
"RUSH MINUTE' TURNS INTO HALF-HOUR AS TRAFFIC GAINS IN TINY BERMUDA
Tom Baldwin |
This not-so-distant outpost of the British Empire, where businessmen in shorts zoom to work on motor
SENATE TO VOTE ON SHIP SUBSIDY LEGISLATION TODAY
Stephanie Nall |
The Senate today will vote on new operating subsidies for ships, two decades after ocean carriers fi
CONTAINER LINES DIVIDED ON PHILOSOPHY AND PROFIT
P.T. Bangsberg |
Container carrier executives are furiously debating what to do about the dramatic drop in freight ra
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
EGYPTIAN REFORMS OPEN DOOR \ OPPORTUNITY KNOCKS FOR US INVESTORS AS COUNTRY SPINS OFF INDUSTRIES
Josh Martin |
Economic reforms in Egypt are opening new opportunities for U.S. exporters and investors.The
BRIEFS
From Wire Reports |
COAL MINE TO CLOSEAS SCHEDULEDSESSER, Ill. - One coal mine here will close on schedule in De
TELECOM COMPANIES INVEST IN CARIBBEAN \ $150 MILLION TO GO INTO FIBER-OPTIC PROJECTS
Canute James |
U.S., European and regional telecommunications companies are investing about $150 million over two y
Maritime
US, CANADA PLAN LAKES-SEAWAY WORKING GROUP
Journal Of Commerce Staff |
U.S. and Canadian transportation officials agreed to form a joint working group to examine ways to c
BIGGER FUNDING SLICE SOUGHT BY AAPA
WILLIAM DiBENEDETTO |
Ports are pushing hard for full funding of an intermodal transport law and for changes that will giv
US PORT CARGO THEFT CALLED "MAJOR CONCERN'
Ronald Gift Mullins |
Cargo theft in the United States costs $3 billion to $10 billion a year, said the American Institute
OFFICIAL: LOOK AT PAST DATA BEFORE SETTING NEW RATES \ INSURERS URGED TO LEARN FROM HULL STATISTICS
Ronald Gift Mullins |
If marine underwriters would stick to evaluating risks based on sound loss statistics, the market wo
TRADE GAP AT 11-YEAR HIGH \ KANTOR INSISTS BALANCE HEADED THE RIGHT WAY
Richard Lawrence |
The U.S. merchandise trade deficit soared in July to $15.6 billion, its highest monthly level in 11
GASOLINE PRICES
JOC Staff |
Sept. 18, 1996RESELLER RACK Unleaded Mid- Premium-Unl
JULY EXPORTS, SEASONALLY ADJUSTED
U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1995 1994 Mil. $ Mo. Back
Maritime
EXPORTS, IMPORTS AND BALANCE OF GOODS BY SELECTED COUNTRIES AND AREAS
U.S. Commerce Department |
(Census basis - in millions of dollars, not seasonally adjusted)TRADE BALANCE EXP
SPOT COMMODITIES
JOC Staff |
Sept. 18, 1996Included are list prices of suppliers. Quotations do not necessarily represent
FREI CALLS OFF CANADIAN TRIP
Associated Press |
Stymied free-trade talks have put a state visit by Chilean President Eduardo Frei on hold.Fo
Maritime
IMF: WORLD FINANCIAL SYSTEM STRONGER EMERGING-MARKET NATIONS STILL LAGGING
Richard Lawrence |
The world financial system has ''emerged stronger and more resilient'' from the costly exchange rate
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. 18, '96 (a graph)*
BRIEFS
From Wire and Staff Reports |
KUWAIT DETAINS SHIPFOR VIOLATING IRAQ BANKUWAIT - Kuwait said Wednesday it detained an India
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Sept. 18, 1996Prevailing sellers' posted prices at the close of business, representi
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 18, 1996Prev. Life of Contr. Open Open High Low
OLIVETTI BOARD MEETS AMID SHAKEUP RUMORS
Reuters |
The board of Italy's Olivetti group was under growing pressure Wednesday to oust Chief Executive Fra
Maritime
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS
U.S. Commerce Department |
(Census basis - in millions of dollars)July 1996 June 1996 Cumulative 1
Maritime
TANKER GROUP: US PORTS ARE A "DISGRACE'
Tim Sansbury |
A year-long study about to be released by Intertanko, the world's leading tanker operator associatio
CARRIERS TO SHIPPERS: EXPECT SMALL RATE INCREASES IN 1997
Tom Baldwin |
Shippers looking three pages ahead on their calendars can count on a 1997 rate hike of less than 5 p
US DOLLAR FALLS SHARPLY ON WIDENING OF TRADE GAP
Bridge News |
The U.S. dollar fell sharply Wednesday as a big widening in the July trade gap suggested that there
EU DEEPLY DIVIDED ON KEY TRADE ISSUES
Bruce Barnard |
The European Union today seeks to narrow its deep divisions over trade policy in the three-month run
Maritime
US CAR CHIEF FAVORS 100 YEN TO DOLLAR
Reuters |
The leader of a major U.S. car industry group said on Wednesday that the dollar should be around 100
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ITT HARTFORD GROUPRamani Ayer, president of the Connecticut insurer's worldwide property-cas
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeSept. 18, 1996 Brent Crude Oil - (Dollars Per Barrel)
TYSON FOODS LOBBYIST INDICTED \ OFFICIAL CHARGED WITH MAKING FALSE STATEMENTS
Reuters |
A Washington lobbyist for the biggest U.S. poultry processor was indicted Tuesday in the investigati
"GREEN' GROUP RIPS COAL-FIRED UTILITIES \ ENVIRONMENTALISTS AIM TO DETER INVESTORS
Arthur Gottschalk |
Coal-burning electric utilities are coming under renewed attack by environmentalists, who hope to sc
BRIEFS
From Wire and Staff Reports |
HYUNDAI EXPANDSTRANS-PACIFIC SERVICEGARDENA, Calif. - Hyundai Merchant Marine is expanding i
BALTIC FREIGHT INDEX
JOC Staff |
1011 (Sept. 18, 1996) Previous day - 1015The Baltic International Freight Futures Market in
OPIC'S EXTENSION PROSPECTS IMPROVE
Journal Of Commerce Staff |
House and Senate negotiators have agreed to a one-year extension of the Overseas Private Investment
BILL INTRODUCED TO TIGHTEN CONTROL OF COMMODITY TRADING \ CRITICS ARE FEARFUL OF OVERREGULATION
Tim Shorrock |
Responding to a copper trading scandal that cost Japan's Sumitomo Corp. more than $1.8 billion, a Ne
Maritime
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