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BRIEFS
From Wire and Staff Reports |
US-EL SALVADOR TALKSSLATED OVER SKIRT IMPORTSNEW YORK - Textile negotiators for El Salvador
Maritime
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended May 18, total piggyback freight hauled on the nation's major railroads equaled 15
MEXICO'S VITAL SIGNS WEAK, BUT RECOVERING
Kevin G. Hall |
Mexico's near dead economy is showing signs of life but a return to healthy consumer demand may be a
Maritime
US GRAIN PRICES BUOY FARM TRADE SURPLUS \ AGRICULTURAL EXPORTS UP 9 PERCENT FROM YEAR AGO
Associated Press |
The nation's trade surplus in agricultural products is well on the way to a record of more than $30
LEACH CALLS ON BIG US BANKS TO HELP MOVE DEREGULATION BILL
Margo D. Beller |
The chairman of the House Banking Committee last week asked the nation's biggest banks to put aside
CARRYING ON... ABOUT COURIERS
Charles Thurston |
When it comes to international express mail competition with the private sector some government post
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 24, 1996 Brent Crude Oil - (Dollars Per Barrel)
TALK - IRA ROSENFELD
Ira Rosenfeld |
For everyone who wrote or sent a fax heralding this month's announcement that UPS is considering a w
US WORKERS PREPARED TO STRIKE ALUMINUM INDUSTRY
Howard Simon |
More than 5,000 workers looking for substantial increases in wages and benefits are expected to stri
AIR CANADA EXPANDS CARGO IN EUROPEAN, PACIFIC LANES
Doug Jansen |
Putting its house in order, Air Canada has firmly established itself as a major player in the moveme
LLOYD'S SAYS OFFER REPRESENTS LAST HOPE \ US INVESTORS URGED TO ACCEPT SETTLEMENT
HELEN R. MacLEOD & RON LENT |
U.S. investors got a strong message from Lloyd's of London in meetings last week: accept the latest
ASIAN INVASION CONTINUES: NOW IT'S KOREANS KNOCKING AT EUROPE'S GATE
Bruce Barnard |
Just when they got accustomed to the Japanese on their home turf, European companies are confronting
BRIEFS
From Wire and Staff Reports |
INTEREST IN APC STOCKDECLINES BY 3 PERCENTSAN FRANCISCO - Short interest in the stock of Ame
CALIFORNIA TRUCKERS RESUME PICKETING \ SOME LONGSHOREMEN SUPPORT ACTION
Bill Mongelluzzo |
After a hiatus of two weeks, truck drivers resumed mass picketing at the neighboring ports of Los An
SPOT COMMODITIES
JOC Staff |
May 23, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
GASOLINE PRICES
JOC Staff |
May 23, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 23, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 23, 1996Quotations are based on prices reported in the market or obtained from sup
BALTIC FREIGHT INDEX
JOC Staff |
1387 (May 23, 1996) Previous day - 1395The Baltic International Freight Futures Market in Lo
FREIGHT RATE FUTURES
JOC Staff |
May 23, 1996Baltic International Freight Futures Market Prev.Close High Low
INSIDE TALK - RIP WATSON \ CREATING A CLIMATE FOR FINDING SOLUTIONS TO RAIL LABOR DISPUTES
Rip Watson |
Railroad management and labor need to break the habit of putting blame for the poisonous nature of t
US DOLLAR EDGES LOWER ON LACK OF INTEREST BEFORE HOLIDAY
Knight-Ridder Financial |
The U.S. dollar declined slightly in quiet trading Thursday, falling to 1.5420 Deutsche marks from 1
BRIEFS
From Wire and Staff Reports |
EXXON WILLING TO PAYHEFTY EXPLORATION PRICEIRVING, Texas - Exxon Corp. said it may spend mor
US BUSINESSES IN ASIA SUPPORT CLINTON PLAN ON CHINA'S TRADE STATUS
P.T. Bangsberg |
President Clinton's plan to renew China's most-favored nation trade status gathered support from U.S
Maritime
SPOT PRODUCT PRICES
JOC Staff |
May 23, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
ICE PRODUCTS INC.
Maria Carlino |
Keeping cool is a hot market for Tim Mournian.The owner of ICE Products, a manufacturer of c
Maritime
ABUZZ OVER BEE ACCIDENT, JURY SWEETENS THE POT WITH PAIN-AND-SUFFERING AWARD
Gregory S. Johnson |
An Arkansas couple was awarded an additional $160,000 for pain and suffering for injuries sustained
REINSURERS ORDERED TO PAY, EVEN IF CLIENTS ARE INSOLVENT
HELEN R. MacLEOD |
Two little words will cost the reinsurance industry $4.5 billion in the London market.The hi
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
SEA TRIALS - JAMES E. MERCANTE \ SKEET SHOOTERS' GUNS SILENCED BY SOUND ENVIRONMENTAL GROUPS
James E. Mercante |
Guns don't pollute. People do. This take on the gun lobby's mantra may be applied to summarize a rec
QUOTE TO NOTE
Ed Malonis |
''We're in deep weeds on this.''
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 257.36 off 0.23
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 23, 1996 Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES HIT A 15-YEAR HIGH
Arthur Gottschalk |
Motorists will face the highest gasoline prices in 15 years this Memorial Day weekend, due in part t
BRIEFS
From Wire and Staff Reports |
AETNA SELLING OPERATIONTO TORONTO-BASED FIRMWINDSOR, Conn. - Aetna Life & Casualty said it w
BAD LOAN WRITE-OFFS TAKE THEIR TOLL ON JAPAN'S NONLIFE INSURANCE COMPANIES
From Wire Reports |
Massive write-offs of bad loans and smaller investment returns amid low interest rates adversely aff
GLOBAL MARITIME TALKS BLUNTED ON US REFUSAL TO MAKE AN OFFER
John Zarocostas |
The chief U.S. negotiator said Thursday the Clinton administration won't make an offer to liberalize
COST OF CREDIT
JOC Staff |
Thursday, May 23, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
DOLE AIDES SAY APPROVAL OF WTO PANEL WILL BE PRICE FOR SHIP SUBSIDY BILL VOTE
John Maggs |
Aides to Bob Dole say the Senate leader will block a long-delayed bill implementing a global deal cu
JONES ACT FORUM SET FOR JUNE 12
Journal Of Commerce Staff |
The gloves were taken off long ago.Now the debate-turned-gang fight over the U.S. law that r
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