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DAILY PETROLEUM PRICES
JOC Staff |
Monday Aug. 19, 1996Prevailing sellers' posted prices at the close of business, representing
COLUMBUS EXPANDING SERVICE
Journal Of Commerce Staff |
Columbus Line USA Inc. said it is enhancing its ''relay'' service between eastern North America and
INDIANS END "PHASE ONE' OF BRANCH-LINE BLOCKADE
Gregory S. Johnson |
A 28-day blockade of a remote Wisconsin Central Ltd. branch line by a faction of Chippewa protesting
DOLLAR FALLS AGAINST MARK, GAINS ON YEN IN SLOW TRADING
Krf/Global News |
The U.S. dollar declined against the Deutsche mark Monday and rose slightly against the Japanese yen
QUOTE TO NOTE
Fred Bruzzone |
''On his employment application, he answered 'No' on the question that asked if he had any convictio
Maritime
PHILIPPINE AUTO MAKERS SHIFT INTO HIGH GEAR \ MODELS UPSCALED AS INCOMES RISE
Cecilia Quiambao |
Losing the two-horse race with Thailand for a General Motors Corp. plant was a bitter pill for the P
Maritime
TECH TALK - ALAN ABRAMS \ STAUNCH TRADITION MEETS THE '90S: JOURNAL OF COMMERCE GOES ONLINE
Alan Abrams |
It only took 169 years, but The Journal of Commerce is now officially online. One of the most amazin
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 19, 1996Prev. Life of Contr. Open Open High Low
FLORIDA CLEARS WAY FOR OFFSHORE DRILLING \ ENVIRONMENTAL GROUPS VOW TO FIGHT PLANS
Associated Press |
Environmental groups say they will fight plans by state regulators to grant an offshore drilling per
OKLAHOMA HEALTH-CARE POOL STILL TOO COSTLY FOR MOST
Tulsa World |
Initially touted as a potential cure for 600,000 uninsurable Oklahomans, the Health Insurance High R
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 18, '95 - Aug. 19, '96 (a graph)* A
RAIL, CONTAINER STOCKS HELP PULL UP JOFC INDEX
Journal Of Commerce Staff |
Buoyed by strong performance among railroad stocks, last week The Journal of Commerce transportation
CHINA CLAMPING DOWN ON CORRUPTION
Reuters |
China said Monday that about 76,000 officials had turned over a total of $5.18 million worth of gift
Maritime
KINGSTON SAYS BOX VOLUME WILL JUMP
Canute James |
The managers of Kingston's containerport expect a recently completed expansion to the facility to al
EXPORTS TO BRAZIL, ARGENTINA GROWING \ AGRICULTURAL EVENTS WILL SET PRECEDENT
Peter Tirschwell |
In the minds of many Americans, Brazil and Argentina are synonymous with hyperinflation, bad debt, r
Maritime
BRIEFS
From Wire and Staff Reports |
AT&T'S MANDL LEAVINGTO HEAD VENTURE FIRMNEW YORK - Alex J. Mandl, president and chief operat
JAPANESE TO PUSH OVERSEAS INVESTMENT
Reuters |
Japanese companies are boosting investment abroad despite the recent weakening of the yen against th
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1108 (Aug. 19, 1996) Previous day - 1101The Baltic International Freight Futures Market in L
BRIEFS
From Wire and Staff Reports |
TENNESSEE COURT REJECTSBID TO BAN LLOYD'S OFFERLONDON - Lloyd's of London announced Sunday t
FREIGHT RATE FUTURES
JOC Staff |
Aug. 19, 1996Baltic International Freight Futures Market Prev.Close High Low
CHICAGO GETS A NEW COMMUTER RAIL SERVICE
Journal Of Commerce Staff |
A new commuter rail service, a rarity in the rail industry, begins operating today between Chicago a
GASOLINE PRICES
JOC Staff |
Aug. 19, 1996RESELLER RACK Unleaded Mid- Premium-Unle
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
COMPANY PERFORMANCEPercent Year Closing ChangeHigh/ Price in P/E 52-Week 52-Week<
HELP IS ON THE WAY FOR GAS-RICH CANADA
Aviva Freudmann |
For many Western Canadian natural-gas producers, reaching the huge U.S. energy market has turned int
SAN DIEGO PUTTING ITS FOCUS ON CARGO
William Roberts |
Port salesman Steve Wright's voice echoes through an empty warehouse.''We're trying to bring
WEYERHAEUSER, TWRA RENEW GIANT PACT
WILLIAM DiBENEDETTO |
Last year, when westbound ocean carriers negotiated a volume contract with forest products giant Wey
JAPAN BATTLES BUREAUCRATIC CONFLICTS
Coco Kubota |
The Japanese government has drafted stricter guidelines to limit the number of positions offered to
Maritime
BRIEFS
From Wire and Staff Reports |
MOBIL TO SELL INTERESTIN 13 GULF FIELDSFAIRFAX, Va. - Mobil Corp. said Monday it agreed to s
ALASKA TAKES ACTION AFTER TANKER STRAYS \ SHIP ROUTES TO BE WATCHED MORE CLOSELY TRAINING TO IMPROVE
David Germain |
An oil tanker that strayed off course last year in Valdez Narrows has prompted new guidelines to kee
UPSTREAM SWIM TO SALMON TREATY
Aviva Freudmann |
Renewing the U.S.-Canada Pacific Salmon Treaty has proven as slippery as a freshly caught sockeye an
BRIEFS
From Wire and Staff Reports |
MACHINERY MAKERS SEE4.6 PERCENT GROWTH IN SALESARLINGTON, Va. - The Packaging Machinery Manu
IMF LOAN FOR RUSSIANS ON TRACK
Associated Press |
A team from the International Monetary Fund is ''reassured'' by the Russian government's revenue col
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 19, 1996Included are list prices of suppliers. Quotations do not necessarily represent
COAL TERMINAL REPORT
JOC Staff |
Aug. 19, 1996This table shows the vessels scheduled to call at U.S. coal terminals and the e
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending Aug. 14, 1996 as supplied by the bunker fuel d
ORIENT OVERSEAS' NET SOARED IN FIRST HALF
P.T. Bangsberg |
Despite persistent overcapacity on many routes, Hong Kong's premier containership operator posted st
US, JAPAN AIR TALKS REMAIN GROUNDED
Stephanie Nall |
U.S. and Japanese negotiators ended two days of talks without getting ''even an inch'' closer to sol
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended August 10, total piggyback freight hauled on the nation's major railroads equaled
BRIEFS
From Wire and Staff Reports |
NYMEX WILL TRADECANADIAN NATURAL GASNEW YORK - The New York Mercantile Exchange will launch
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