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INSURER DROPS COVERAGE ON CHURCHES
Associated Press |
A leading church insurer has dropped coverage for two black Tennessee churches destroyed in arson fi
NEW MOVEMENT ROUSES MEXICAN FINANCIAL MARKETS
Kevin G. Hall |
Mexican financial markets reacted nervously Monday as government troops scoured the highlands of imp
Maritime
ILWU SHUTS DOWN SEA-LAND TERMINAL
Bill Mongelluzzo |
Longshoremen closed the Sea-Land Service Inc. terminal in Long Beach at the weekend after negotiatio
P&O VESSELS CALL AT PORTS IN NORTHWEST
Journal Of Commerce Staff |
P&O Containers Ltd. vessels have called the Port of Seattle and the Port of Portland, Ore., for the
PLANE MAKERS SALIVATE OVER RUSSIAN ORDER \ LINE LOOKING TO MAKE $1.2 BILLION PURCHASE
WILLIAM DiBENEDETTO |
Transaero Airlines, a privately operated Russian airline, is looking to expand its fleet in a big wa
STATE DELAYS NEW TANKER RULES
WILLIAM DiBENEDETTO |
Washington state's marine safety office is not likely to draft new rules governing financial respons
BRIEFS
From Wire and Staff Reports |
TEXAS OFFICIAL SETSINTERIM BANK RULESAUSTIN, Texas - Texas Insurance Commissioner Elton Bome
ON THE WATERFRONT - RICHARD COLLINS \ PLAYING THE OCEAN RATE GAME: CAN IT BE SIMPLIFIED?
Richard Collins |
One of the greatest mysteries to international ocean shippers using liner vessels in the U.S. trade
G-7 LEADERS AGREE TO BROADEN WTO'S ROLE
Keith M. Rockwell |
Leaders of the world's largest industrial democracies gave a major vote of confidence in the fledgli
Maritime
CLASS ACTION SUIT OK'D AGAINST FARMERS, ALLSTATE
Ronald Gift Mullins |
Four million Texans may be plaintiffs in a $109 million class action lawsuit against Allstate and Fa
QUOTE TO NOTE
Ed Waryas, Vice President, Newport News Global Corp., a major |
'I've talked to Noah, and he said without Title XI, he could not have built the ark.''
Maritime
BRIEFS
From Wire and Staff Reports |
BRITISH GAS SIGNS UPFOR RED SEA EXPLORATIONLONDON - British Gas PLC announced the signing of
OIL GIANTS KEEP EYES ON RUSSIAN VOTE
Associated Press |
With Russian voters poised to say ''nyet'' to a Communist as their next president, few observers are
BRIEFS
From Wire and Staff Reports |
CANADIAN FIRM TO DIGSCOTLAND'S 1ST GOLD MINEEDINBURGH, Scotland - A Canadian company has bee
GASOLINE PRICES
JOC Staff |
June 28, 1996RESELLER RACK Unleaded Mid- Premium-Unle
COST OF CREDIT
JOC Staff |
Friday, June 28, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
BRIEFS
From Wire and Staff Reports |
S. AFRICAN RACING YACHTCOLLIDES WITH TANKERHALIFAX - A South African yachtsman was making sl
HONG KONG OFFERS BUYERS ESCAPE CLAUSE WITH POLICIES
P.T. Bangsberg |
Anyone who buys life insurance here now has the right to change his mind - for 21 days after signing
INNER-CITY RESIDENCES GET BREAK IN BOSTON
TOM McNIFF JR. |
Three insurers selling homeowners insurance in Massachusetts see new business opportunities while me
BRIEFS
From Wire and Staff Reports |
SHIPSGDANSK SHIPYARD CHIEFQUITS AS LIGHTS DIMWARSAW - The president of Poland's aili
AMERICAN INDIANS FIGHT PROPOSAL FOR HOG FARM
Associated Press |
American Indians will stand in front of bulldozers if necessary to keep a huge hog farm off what the
US, EU AGREE TO WORK ON NEW TELECOM OFFERS
Keith M. Rockwell |
The United States and the European Union set aside their differences on the stalled telecommunicatio
GERMAN-KOREAN SHIPBUILDING PLAN ON COURSE
Robert Koenig |
The joint shipbuilding program of Germany's DSR-Senator Lines GmbH and South Korea's Cho Yang Shippi
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
RUSSIAN CRUISE SHIP CALLS AT WILMINGTON
Journal Of Commerce Staff |
In a rare move that reflects varied marine traffic up Delaware Bay, a Russian cruise ship last week
THE WEST PONDERS LEBED'S RHETORIC: REAL THREAT, OR CAMPAIGN PROMISES?
Michael S. Lelyveld |
Hard-line campaign statements by Russian security chief Alexander Lebed have sparked deep concern in
Maritime
PILOTS SAY NASA BOWED TO PRESSURE FROM FEDEX IN FATIGUE STUDY REPORT
Chris Isidore |
The Air Line Pilot's Association is charging that NASA pulled its punches on a study of fatigue amon
BRIEFS
From Wire and Staff Reports |
FAA HITS RICH AIRWAYSWITH $2.6 MILLION FINEWASHINGTON - The Federal Aviation Administration
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJune 28, 1996 Brent Crude Oil - (Dollars Per Barrel)
CANADIAN COMPANY FACES $40 MILLION BILL FOR PHILIPPINES SPILL
The Associated Press |
A massive spill at a copper mine in the Philippines will cost one of Canada's biggest mining compani
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 28, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%B
BRIEFS
From Wire and Staff Reports |
INDONESIA AUTO TALKSPOSITIVE, KANTOR SAYSBANGKOK - Senior U.S. officials have started talks
Maritime
UP-SP HEARINGS KICK OFF TODAY
Rip Watson |
The high-stakes, intrigue-rich Union Pacific-Southern Pacific merger proposal takes center stage thi
ICEBREAKER MOVING UP THE HUDSON
Journal Of Commerce Staff |
The Coast Guard today is relocating a 65-foot tugboat icebreaker, christened the Wire, up the Hudson
RAMPANT CAR INSURANCE FRAUD REVEALED \ NEW YORK CRACKS DOWN, NABS 20 SHOP OWNERS
Larry Neumeister |
Car insurance fraud, which adds $237 a year to the average annual insurance bill of New York State m
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 28, 1996Prev. Life of Contr. Open Open High Low
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 28, 1996Quotations are based on prices reported in the market or obtained from su
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
RATE HIKE HELD UNLIKELY THIS WEEK
Tom Connors |
The Federal Reserve Board's Open Market Committee is expected to continue the waiting game it began
INTERNATIONAL INTEREST RATE OUTLOOK WILL KEEP DOLLAR STRONG, ANALYSTS SAY
Gordon Platt |
The interest rate tail winds are favorable for the dollar, even if the Group of 7 was hesitant last
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