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US CUSTOMS WILL GIVE TOP IMPORTERS OWN ACCOUNTS \ CHANGES MADE TO SPEED PROCESSING
Bill Mongelluzzo |
The Customs Service is launching a redesigned system for processing imports that will give major cor
O.J. SIMPSON DENIED INSURANCE CLAIM FOR LEGAL COSTS IN WRONGFUL-DEATH SUITS
Margo D. Beller |
CNA Insurance Cos. said Monday it had denied an insurance claim in October filed by O.J. Simpson for
J&H PURCHASES BIG BROKER IN SCOTLAND
Journal of Commerce Staff |
Johnson & Higgins said it acquired Corporate Risk PLC, the largest independent insurance broker in S
EU SETS PROPHYLACTICS STANDARD
Reuters |
''Eurocondoms'' with a guaranteed minimum strength, length, width and quality are soon to go on sale
Maritime
CORRECTION
JOC Staff |
In a story appearing March 4 on Page 2B, headlined ''SNCF posts record loss for 1995,'' the franc-to
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,100-$1,150 per ton lots
KAISER ALUMINUM GIVES UP ITS OFFER TO PAY $2.5 BILLION FOR ALUMAX
Associated Press |
Rather than pursue a potentially nasty battle to gain control of Alumax Inc., Kaiser Aluminum Corp.
INSIDE TALK - ARTHUR GOTTSCHALK \ PATAKI'S RATE-CUT PLAN FOR LILCO MAY COST TOO MUCH FOR TOO LITTLE
Arthur Gottschalk |
New York's Gov. George Pataki, a Republican, wants to dismantle the most costly electric utility in
IRAQI OFFICIAL CHECKS TURKISH OIL TERMINAL
Associated Press |
Iraqi's oil minister crossed into Turkey on Monday to inspect a Mediterranean oil terminal in connec
GOLD FALLS TO 2-MONTH LOW AS INVESTORS LOSE FAITH
Edmund Klamann |
Gold prices fell Monday to their lowest levels in two months as a New Year's rally that took prices
BURMA LOOKS TO BOOST INVESTMENT FROM ABROAD
P.T. Bangsberg |
Once Southeast Asia's wealthiest country, Burma has slithered into a morass of poverty and political
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by:U.S. Department of CommerceU.S. and Foreign Commercial Service
Maritime
ASIA, EU MOVE TO FORGE STRONGER LINKS
Ron Corben |
It may take a couple of years, but increased trade and investment between Asia and Europe are expect
Maritime
FRONTIER TO BUY UNITED CAPITOL FOR $31 MILLION
Journal of Commerce Staff |
Frontier Insurance Group Inc. executed definitive agreements to acquire all the stock of United Capi
MALAYSIA TAKES THE LEAD IN EUROPE-ASIA RAIL PROJECT
P.T. Bangsberg |
The world's longest electrified railroad, linking the bottom of Southeast Asia with Western Europe,
BLAST SNAGS RAIL LINE FOR DAYS
Gregory S. Johnson |
A spectacular propane tankcar explosion left three other railcars carrying the liquid gas burning fo
VIRGINIA WOMAN NAMED PORT CHAPLAIN OF YEAR
Journal of Commerce Staff |
The board of directors for the North American Maritime Ministry Association recently awarded its Por
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
US WON'T VETO RULESFOR NUCLEAR TRANSPORTVIENNA - The United States will not attempt
TRADE BRIEFS
Wire and Staff Reports |
EU TO SCRUTINIZE PLANSFOR DIESEL VENTUREBRUSSELS - The European Commission said Mond
Maritime
GRAND ALLIANCE TO USE 34 SHIPS IN NEW EUROPE-ASIA SERVICE
Janet Porter |
Four separate services between Europe and Asia will be offered by the Grand Alliance, one of the new
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months. The Journal of Commerce assumes
Maritime
BRITAIN TRIMS GLOBAL TRADE GAP
Reuters |
Britain's trade gap with the rest of the world defied forecasts and narrowed modestly in December, a
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
MERGER OF 2 INSURERSSEEN RATIONAL, PROFITABLESTOCKHOLM - Swedish insurance group Ska
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 24 '95, - Mar. 4, '96 (a graph)(2)D
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
PEOPLE - INSURANCE
From Wire and Staff Reports |
EQUITABLE LIFE ASSURANCE SOCIETY OF THE U.S. (New York) - John S. Chalsty and Didier Pineau-Valencie
INSURERS LAG OTHER FIRMS IN TAKING TO THE INTERNET
HELEN R. MacLEOD |
The insurance industry is still dawdling when it comes to the Internet, trailing other industries, l
LYKES MAY NOT GET WINDFALL IT EXPECTED \ DOWN PAYMENT REFUND IN DEAL FOR SHIP DOUBTFUL
Michael Fabey |
Lykes Bros. Steamship Co. may come up with less money than it hoped for from a ship deal that went a
Maritime
HOECHST: CHINA IS SPRINGBOARD FOR FURTHER ASIAN EXPANSION
P.T. Bangsberg |
Hoechst AG is looking to double its investment in China this year, part of a wider strategy to focus
2 UNIONS AT ASHLAND TO VOTE ON CONTRACT
Associated Press |
Two striking union locals have scheduled a vote today on a three-year contract proposal offered by A
TRANSPORTATION STOCK INDEX
Nordby International Inc., Boulder, Colo. |
Percent Year Closing ChangeHigh/ Price From P/E 52-Week 52-WeekCompany L
Maritime
P&I CLUBS MAY PAY CLAIMS MORE SLOWLY FOR FUTURE ACCIDENTS
Liz Shuker |
The protection and indemnity clubs, which insure shipowners against third-party liabilities, may del
CHINA APPROVES 5 DOMESTIC INSURERS, INCLUDING TWO NATIONWIDE LIFE FIRMS
P.T. Bangsberg |
China granted approval for five more domestic insurance companies, two of them life companies permit
DOLLAR FALLS AGAINST YEN, HOLDS STEADY VS. THE MARK
Knight-Ridder Financial |
The U.S. dollar declined against the Japanese yen and was unchanged against the Deutsche mark on Mon
TAIWAN HIGH-TECH SECTOR TO FEEL PEOPLE PINCH
P.T. Bangsberg |
Taiwan's climb up the high-tech mountain is likely to run into some tricky crevasses as demand for s
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following fuel oil prices are for the week ending Feb. 28, 1996, as supplied by the bunker fuel
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Mar. 4, 1996Prev. Life of Contr. OpenOpen High Lo
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
UTAH REFINERIES LOOKFOR SOURCE OF FUEL LEAKSALT LAKE CITY - Workers at the Chevron a
COAL TERMINAL REPORT
JOC Staff |
March 4, 1996This table shows the vessels scheduled to call at U.S. coal terminals and the e
DAILY PETROLEUM PRICES
JOC Staff |
Monday Mar. 4, 1996Prevailing sellers' posted prices at the close of business, representing
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