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GRAIN HEADACHE NO. 2 FOR MILLERS
Greg Frost |
Four months ago, wheat prices soared to record highs on fears there wouldn't be enough grain to go a
DAILY PETROLEUM PRICES
JOC Staff |
Thursday July 25, 1996Prevailing sellers' posted prices at the close of business, representi
SINGAPORE INVESTS IN BOX FACILITIES \ BUT AS ASIAN PORTS EXPAND, OVERCAPACITY FEARS GROW
Marcus Hand |
The Port of Singapore Authority, wrestling with a 14 percent increase in container movements last ye
CLINTON CALLS FOR TIGHTER AIRLINE, AIRPORT SECURITY
Michele Kayal |
President Clinton Thursday called on the U.S. airline industry to conduct more thorough security che
COST OF CREDIT
JOC Staff |
Thursday, July 25, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
BALTIC FREIGHT INDEX
JOC Staff |
1086 (July 25, 1996) Previous day - 1094The Baltic International Freight Futures Market in L
FREIGHT RATE FUTURES
JOC Staff |
July 25, 1996Baltic International Freight Futures Market Prev.Close High Low
MEXICO ACTS TO SPEED PAYMENT OF DEBT TO US
Kevin G. Hall |
The Mexican government has decided to further accelerate its repayment of last year's $20 billion U.
RUSSIAN COMPANIES STRUGGLE TO FIND EXPANSION CAPITAL
David Lee |
Though burdened with inefficient, error-prone and energy-guzzling machinery from the 1940s, Svetoch
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 25, 1996Prev. Life of Contr. Open Open High L
BRIEFS
From Wire and Staff Reports |
BAYER SAYS IT BURIEDCHEMICALS IN ARGENTINABUENOS AIRES - German pharmaceutical firm Bayer AG
ROUGH WATERS AHEAD FOR MARAD
William Roberts |
The Maritime Administration faces almost certain cuts under 1997 budget legislation now moving throu
FRITZ'S LOSS SENDS ITS STOCK TUMBLING
Chris Isidore |
Fritz Cos., the fast-growing forwarder and logistics giant that previously could do little wrong in
DOLLAR DIVES AS GERMAN RATE INACTION STUNS MARKET
Knight-Ridder Financial |
The U.S. dollar fell sharply Thursday after the Bundesbank announced it was leaving key interest rat
BRIEFS
From Wire and Staff Reports |
TURKEY TOLD TO CLOSECOAL-FIRED POWER PLANTSANKARA, Turkey - A court ruled that three coal-fi
OXBOW'S VIETNAM POWER PLANT DEAL UNCERTAIN \ "PREFERRED BIDDER' NOT "EXCLUSIVE' BIDDER
Arthur Gottschalk |
A tender to build a major power plant in Vietnam has turned into an apparent bidding war between two
APL RATE CUT SHAKES UP LINES ON THE PACIFIC \ SPREAD OF RATE WAR TO EXPORTS FEARED
Peter Tirschwell |
In a move executives say could spread the Pacific rate war to U.S. export cargo, American President
EU OKS SUBSIDY FOR AIR FRANCE
Bruce Barnard |
The European Commission approved a $1 billion government subsidy to Air France Wednesday after Frenc
GIANT TRANSPORT COMPANY TAKES SHAPE IN MALAYSIA
P.T. Bangsberg |
Having bought a large Hong Kong-based shipping line, the son of Malaysia's prime minister is now cre
CLINTON TO APPROVE SANCTIONS ON IRAN, LIBYA INVESTORS \ MOVE IS NO SURPRISE EU OBJECTS VIGOROUSLY
Michael S. Lelyveld |
President Clinton has decided to sign a bill punishing foreign investors in Iran and Libya despite s
WEST COAST DOCKWORKERS WINNERS
WILLIAM DiBENEDETTO |
West Coast longshoremen swept the table on most issues in their new three-year contract with employe
CHINESE COTTON OUTPUT LAGS OFFICIAL ESTIMATES
Odyll Santos |
Chinese cotton production in 1995-96 and 1996-97 probably will be lower than its government's estima
EU WANTS WTO TO DISCUSS WAGES, LABOR STANDARDS \ ASIA, BRITAIN CERTAIN TO OPPOSE PROPOSAL
Bruce Barnard |
The European Union on Wednesday called for workers' rights to be put on the World Trade Organization
Maritime
GASOLINE PRICES
JOC Staff |
July 24, 1996RESELLER RACK Unleaded Mid- Premium-Unle
EU FARM DEAL WILL HELP GRAIN IMPORTERS \ PACKAGE ALSO SLATED TO AVERT BEEF CRISIS
Chris White |
European Union farm ministers pulled off an ambitious deal Wednesday to increase scarce grain suppli
COST OF CREDIT
JOC Staff |
Wednesday, July 24, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
NORFOLK SOUTHERN'S NET INCOME RISES 10 PERCENT FOR A RECORD QUARTER
Rip Watson |
Norfolk Southern Corp. posted another record quarter with net income up 10 percent to $199.5 million
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 28, '95 - July 24, '96 (a graph)* A
BRIEFS
From Wire and Staff Reports |
JAPANESE PREMIER URGESCLINTON TO SETTLE DISPUTESTOKYO - Prime Minister Ryutaro Hashimoto has
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 24, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 241.32 up 0.52 wh
INDIA STALLS ON OPENING NATION TO FOREIGN INSURERS
N. Vasuki Rao |
The coalition government continues to do a high-wire balancing act as it treads ever so carefully an
EARNINGS
From Wire and Staff Reports |
ACE LTD. NET INCOMEDOWN IN THIRD QUARTERHAMILTON, Bermuda - ACE Ltd., which ended its statut
CARRIERS FLEW 8.4 PERCENT MORE CARGO IN '95
John Zarocostas |
Cargo traffic hauled on scheduled international flights in 1995 rose by 8.4 percent, to 12.5 million
FEDERAL FUNDING IN JEOPARDY FOR STATE MARITIME ACADEMIES
Journal Of Commerce Staff |
An effort by some House lawmakers to preserve 1997 funding for six federally funded state maritime a
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lo
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJuly 24, 1996 Brent Crude Oil - (Dollars Per Barrel)
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 24, 1996Quotations are based on prices reported in the market or obtained from su
BRIEFS
From Wire and Staff Reports |
CIGNA TO EXPLOREKOREAN OPPORTUNITIESPHILADELPHIA - Cigna International and the Korea Exchang
AIRBORNE CONFRONTS TOUGH OLYMPIC TEST
Journal Of Commerce Staff |
Airborne Express is planning a marathon event of its own for the Olympic Games in Atlanta.It
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