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SELLING STAKE IN CARRIER DENIED
Knight-Ridder Financial |
Hong Kong's Swire Group has denied a report that it intended to sell its stake in Cathay Pacific Air
SLOW GROWTH IS BLAMED FOR HIGH G-7 JOBLESSNESS
Knight-Ridder Newspapers |
High unemployment in the industrialized countries is primarily a result of insufficient demand linke
Maritime
HARRIS FORGES ALLIANCES IN INDIA
N. Vasuki Rao |
Melbourne, Fla.-based Harris Corp. announced four strategic alliances with leading Indian telecommun
Maritime
GEORGIA OKS AZERI PIPELINE
Knight-Ridder Newspapers |
The Georgian Parliament ratified a Georgian-Azeri accord to build and use a pipeline to transport cr
US OPENS COMMERCIAL OFFICE IN VIETNAM
Knight-Ridder Financial |
The United States opened a commercial office in Vietnam earlier this week in a further step toward a
Maritime
OPEC SEEN FACING GLOOMY TIMES AHEAD
Dirk Beveridge |
World oil supplies are being replenished after falling sharply during the cold winter, raising the l
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 3, 1996Quotations are based on prices reported in the market or obtained from sup
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lots
SPOT COMMODITIES
JOC Staff |
Apr. 3, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 252.38 up 0.17 wh
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApr. 3, 1996 Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 2, 1996Prev. Life of Contr. Open Open High Low
AUTO MAKERS CANCEL INDIAN VENTURE
The Associated Press |
Toyota Motor Corp., Daihatsu Motor Co. and their Indian partner truck manufacturer Ashok Leyland Ltd
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Apr. 3, 1996No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
SPOT PRODUCT PRICES
JOC Staff |
Apr. 3, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
GASOLINE PRICES
JOC Staff |
Apr. 3, 1996RESELLER RACK Unleaded Mid- Premium-Unlea
US IMPORTERS ANGERED BY CALLS AGAINST UKRAINE, EL SALVADOR APPAREL
Paula L. Green |
The federal agency that oversees global trade in textiles is once again trying to curb imports of ap
Maritime
HONG KONG DEMANDS THAT US PROVE IT ISN'T FIGHTING COPYRIGHT PIRACY
Reuters |
The Hong Kong government, stung by U.S. criticism that it has not done enough to stamp out copyright
Maritime
LIMITED IMPACT LIKELY FROM LINE-ITEM VETO \ LAW EXPECTED TO CUT BUDGET ONLY ABOUT 1 PERCENT
Tom Connors |
The line-item veto President Clinton soon will sign into law may save more money than Ulysses S. Gra
Maritime
API WEEKLY REPORT \ US CRUDE OIL STOCKS DOWN FOR WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories fell by 1.4 million barrels during the week ended March 29 compared with
PENNZOIL SELLS PART OF AZERI STAKE
Reuters |
Pennzoil Co. has agreed to sell about half its stake in one of the world's biggest oil development p
FOR DOW, IT'S RIGHT TIME TO BOLDLY BRANCH OUT
Howard Simon |
If ever timing were critical to a successful business venture, then the timing of Dow Chemical's eff
ENRON SUES OIL FIRMS OVER NATURAL GAS AGREEMENT
Reuters |
Enron Corp. said Wednesday it is suing a group of oil companies for allegedly failing to provide ade
GASOLINE PRICES SOAR ON SHRINKING SUPPLIES
Reuters |
Gasoline prices surged to a four-year high this week, due to shrinking inventories of crude oil and
BRIEFS
From Wire and Staff Reports |
AIR NEW ZEALAND BIDFOR ANSETT REJECTEDWELLINGTON, New Zealand - Air New Zealand's bid to acq
AEROMEXICO DENIES PLAN TO SELL STAKE IN AEROPERU
From Wire Reports |
Mexico's troubled Aeromexico airline denied reports it will sell its holdings in Peru's flagship car
PUBLISHER'S NOTEBOOK
Don Becker |
For a nation sitting on a perpetual powder keg, Israel boasts a remarkably successful economy. And f
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Apr. 3, 1996Prevailing sellers' posted prices at the close of business, representi
NEW YORK APPROVES COASTAL INSURANCE BILL
Margo D. Beller |
The state Legislature ended its stalemate over coastal insurance, approving Gov. George Pataki's bil
AUTO PARTS: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
SMALL BANKS SIGNAL DISSATISFACTION WITH HOUSE BANKING BILL REVISIONS
Margo D. Beller |
An official for the leading trade association for smaller U.S. banks said Wednesday it can no longer
BRIEFS
From Wire and Staff Reports |
THIOKOL WANTS LLOYD'STO PAY ON POLICYSALT LAKE CITY - Thiokol Corp. wants Lloyd's of London
REINSURERS TO GIVE CALIFORNIA 2 WEEKS TO PASS QUAKE LEGISLATION
Peter M. Tirschwell |
Major reinsurers will give the California Legislature at least until the middle of April to approve
BALTIC FREIGHT INDEX
JOC Staff |
1454 (Apr. 3, 1996) Previous day - 1449The Baltic International Freight Futures Market in Lo
TEXAS TO CHANGE AUTO RATE FORMULA IN WAKE OF SUITS ALLEGING OVERBILLING
Associated Press |
Texas Insurance Commissioner Elton Bomer said Tuesday he will make changes to clear up the confusing
US WINS RECOGNITION ON JOBS FROM G-7
Christopher Noble |
The United States won recognition from its partners in the Group of 7 that its success in creating j
Maritime
PRUDENTIAL WEIGHS INDIA'S MARKET OUTLOOK
N. Vasuki Rao |
The Newark, N.J.-based Prudential Insurance Co. of America is considering India as a marketing oppor
AUTO PARTS: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
SOME WHEAT CROPS ORDERED DESTROYED
Michelle Mittelstadt |
The Agriculture Department has issued emergency crop destruction orders for durum wheat crops in Tex
INDIA'S COMMODITIES WHOLESALE PRICE UP
Knight-Ridder Financial |
India's commodities wholesale price index rose provisionally 4.88 percent for the week ending March
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