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SPOT COMMODITIES
JOC Staff |
July 15, 1996Included are list prices of suppliers. Quotations do not necessarily represent
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 15, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
SPOT PRODUCT PRICES
JOC Staff |
July 15, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AMERICAN INTERNATIONALGROUPMartin J. Sullivan, senior vice president and regional president
NEW YORK INSURERS FACE $98 MILLION COMP TAX
Margo D. Beller |
Insurance companies, including the State Insurance Fund, will be hit with a $98 million tax under th
FREIGHT SHIPMENTS INCREASE IN VALUE, DECLINE IN NUMBER
Rip Watson |
Cass Information Systems Inc. released a June freight index showing the dollar value of shipments re
STRIKE STAGED AT HYUNDAI YARD
Knight-Ridder Financial |
Workers at South Korea's largest shipyard, Hyundai Heavy Industries, went on a two-hour strike Monda
BRIEFS
From Wire and Staff Reports |
JAPANESE TO PROPOSEMICROCHIP SURVEYSCHRISTCHURCH, New Zealand - Japan will propose market sh
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 251.56 up 0.83 whi
TEAMSTERS COME OUT FIGHTING AT ASSEMBLY
Chris Isidore |
The Teamsters union kicked off a near-riotous convention with members and candidates hurling charges
FOUR UK STRIKERS BRING THEIR CAUSE TO MONTREAL PORT
Journal Of Commerce Staff |
A 10-month strike on the British waterfront erupted briefly on the docks of Montreal Monday when str
RUSSIA FAILED TO ACHIEVE ECONOMIC REBOUND IN 1ST HALF
Reuters |
Russia's economy failed to pull out of recession in the first half of this year, according to figure
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
COMPANY PERFORMANCEPercentYear Closing ChangeHigh/ Price
MEXICAN OFFICIALS TIGHTEN REGULATION OF BANKS AND BROKERAGE HOUSES
Kevin G. Hall |
Mexican finance officials have tightened capitalization requirements on banks and brokerage houses,
BRIEFS
From Wire and Staff Reports |
COURT RULES SONYDIDN'T VIOLATE PATENTTOKYO - Sony Corp. said Monday it has won a damage suit
Maritime
QUOTE TO NOTE
Fred Kumetz |
''I don't represent unions. I represent individuals.''
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Monday July 15, 1996Prevailing sellers' posted prices at the close of business, representing
BRIEFS
From Wire and Staff Reports |
CPC MAY INVESTIN ALASKAN REFINERYTAIPEI - Taiwan's state-run Chinese Petroleum Corp. is plan
FREIGHT RATE FUTURES
JOC Staff |
July 15, 1996Baltic International Freight Futures Market Prev.Close High Low
BALTIC FREIGHT INDEX
JOC Staff |
1112 (July 15, 1996) Previous day - 1116The Baltic International Freight Futures Market in L
RICHARD W. KURRUS, MARITIME LAWYER, REMEMBERED
Journal Of Commerce Staff |
Veteran maritime lawyer and World War II hero Richard W. Kurrus was remembered Friday by family and
INDEX FALLS ON DECLINES IN AIR EXPRESS, TRUCKING, BOX EQUIPMENT
Alan Abrams |
Air express, trucking and container equipment stocks suffered hard hits last week, forcing a 2.7 per
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending July 10, 1996 as supplied by the bunker fuel d
QUOTA WATCH
International Development Systems Inc., Washington. |
CURRENT TEXTILE QUOTAS:Where the average recent utilization rate indicates full quota utiliz
Maritime
ANTI-LOCK BRAKE DECISION POSTPONED
Rip Watson |
Federal highway officials Friday postponed a decision on whether to require anti-lock brakes on cars
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
ASIA: NEW CIVIL RIGHTS FRONTIER \ CHANGES NEEDED TO REAP FRUITS OF GLOBALIZATION
Tim Shorrock |
The powerful economies of Japan and East Asia must become ''the new frontier'' of the U.S. labor and
Maritime
PORT OPERATOR, JARDINE UNIT IN PHILIPPINES LOGISTICS DEAL
P.T. Bangsberg |
The country's largest container terminal operator and one of Hong Kong's oldest diversified firms ar
UNION: RAILS WANT CONGRESS TO INTERVENE
Rip Watson |
Rail union officials charged Monday that management negotiators will persuade Congress to forestall
US DROPS 1989 TARIFF HIKES AGAINST EU FOOD PRODUCTS
John Zarocostas |
The United States withdrew, effective Monday, all the duty hikes against a variety of European Union
BRIEFS
From Wire and Staff Reports |
US BACKS N. CAROLINAPLAN TO REDUCE CROSSINGSWASHINGTON - The U.S. Department of Transportati
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended July 6, total piggyback freight hauled on the nation's major railroads equaled 12
CGM SELLS STEVEDORING SUBSIDIARY AT LE HAVRE
Journal Of Commerce Staff |
State-owned shipping group Compagnie Generale Maritime of France has sold its stevedoring subsidiary
UNDERGROUND ECONOMY EXPANDS IN THAILAND \ STUDY SHOWS RISE IN ILLEGAL INCOME
Ron Corben |
Thailand's recent economic growth of around 8 percent a year is impressive, but perhaps understated.
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 15, 1996Quotations are based on prices reported in the market or obtained from su
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJuly 15, 1996 Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 15, 1996Prev. Life of Contr. Open Open High Low
BERTHA DIARY: A PORT IN A STORM
Michael Fabey |
Tuesday night and Fred Getsinger has Bertha on his mind.Like anyone who has anything to do w
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 21, '95 - July 15, '96 (a graph)* A
BRIEFS
From Wire and Staff Reports |
EU REVIEWS PLANTO JOIN BP, MOBIL UNITSBRUSSELS - The European Commission said it had started
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