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TRADE BRIEFS
Wire and Staff Reports |
DAEWOO HEAD INDICTED IN SLUSH FUND INQUIRYSouth Korean state prosecutors probing ex-Presiden
Maritime
FINANCIAL WOES DERAIL BRAZIL'S "LOCOMOTIVE' SAO PAULO DEBT, UNEMPLOYMENT BOTH SKYROCKET
Kerry Luft |
If Sao Paulo state were a country, it would have the second-largest economy in South America, after
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months. The Journal of Commerce assumes
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 29, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
DAILY PETROLEUM PRICES.
JOC Staff |
Friday Dec. 29, 1995 Prevailing sellers' posted prices at the close of business, representin
ELI LILLY, INTEGRATED COMPLETE DEAL
Associated Press |
Eli Lilly & Co. completed its acquisition of Integrated Medical Systems Inc., the drug maker announc
FREIGHT RATE FUTURES
JOC Staff |
Dec. 29, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
KEEPING THE INDUSTRY OUT OF A HOLE
Arthur Gottschalk |
From the icy depths of the North Sea to the warm, shallow waters of the Gulf of Mexico, technology h
HANJIN WILL CALL AT VANCOUVER, DROP PORTLAND CANADIAN FARM EXPORTS TARGETED
Bill Mongelluzzo |
Hanjin Shipping Co. in April will begin direct weekly service to Vancouver, British Columbia, with t
Maritime
LYKES ATTORNEY SEES NO EFFECT FROM SHIP DELAY
Michael Fabey |
The Lykes Bros. Steamship Co. should be able to carry on its operations in the North Atlantic withou
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
EXPECTED COURSE FOR DOLLAR IN '96: UPWARD, BUT ROAD WILL BE BUMPY
Howard Simon |
As 1996 begins, the U.S. dollar should break away from its recent narrow band against major foreign
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 29, 1995Brent Crude Oil - (Dollars Per Barrel)
TRANSPORT BRIEFS
Wire and Staff Reports |
$220 MILLION AWARDED IN GRANTS BY THE DOTThe U.S. Department of Transportation has released
EU ROUNDUP - BRUCE BARNARD EU MEMBERS MISS INVESTMENT BANKING MARKET DEADLINE
Bruce Barnard |
The European Union's single investment banking market didn't come into effect on Jan. 1 as planned b
Maritime
GAMMA RAYS ARE NEW WAVE IN EXPLORATION FOR CRUDE
Arthur Gottschalk |
Gamma rays and crude oil have found a link. These days, gamma ray sensors attached to a dril
MARITIME BRIEFS
From Wire and Staff Reports |
TUNA CARRIER TO CALL AT PORT OF SAN DIEGOSAN DIEGO - South Pacific Container Line ne
Maritime
YELTSIN VOWS TO CONTINUE REFORMS
Reuters |
Russian President Boris Yeltsin, returning to the Kremlin unannounced, recorded a New Year's address
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Dec. 29, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
API WEEKLY REPORT DISTILLATE FUEL OILSTOCKS DOWN
Journal of Commerce Staff |
U.S. distillate fuel oil inventories fell by 3.2 million barrels during the week ended Dec. 22, comp
TRINITY MARINE BUYS BARGE REPAIR ASSETS
Journal of Commerce Staff |
Trinity Marine Baton Rouge Inc. recently acquired some of the assets of HBM River Plant Inc., a barg
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
KLM SUES NORTHWEST OVER 'POISON PILL' PLANWILMINGTON, Del. - KLM Royal Dutch Airline
LAKES, INLAND SHIPPING WINDS DOWN FOR SEASON
Paul F. Conley |
Another shipping season in the Midwest is ending as ice collects in the Great Lakes and inland water
Maritime
FORGET YOUR PARENTS' HEIRLOOMS
Coco Kubota |
Takahiro Tarumi, a 25-year-old hair stylist for Studio-V Cut Shop in Tokyo's trendy Harajuku neighbo
SOME RAILROAD RETIREES WILL BE FEELING BUDGET BATTLE IN SMALLER BENEFIT CHECK
William L. Roberts |
The budget fight in Washington is taking a nick out of retirement benefit checks being sent today to
COST OF CREDIT
JOC Staff |
Friday, Dec. 29, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TAIWANESE EXPORTS ON RECORD PACE FOR '95
Journal of Commerce Staff |
The central bank said Taiwan's exports set a record, breaking $100 billion for the first time throug
SPOT COMMODITIES
JOC Staff |
DEC. 29, 1995 Included are list prices of suppliers. Quotations do not necessarily represent
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 28, 1995 Prev. Life of Contr. OpenOpen High Low
VIOLENCE PUTS PAKISTAN CITY IN DISARRAY, DISRUPTS TRADE
N. Vasuki Rao |
Pakistan's commercial and financial hub, Karachi, begins the new year with2,000 dead in ethn
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
ALEXANDER CONSULTING GROUP (Lyndhurst, N.J.) - Ron Amy was named chairman and chief executive of Ale
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
BUDGET FIGHT MEANS AIR TAX DIES, FOR NOW
Journal of Commerce Staff |
Airline passengers and shippers of air cargo will get a New Year's tax reprieve - at least until Con
PEOPLE - TRANSPORT
From Wire and Staff Reports |
ALLIANCE SHIPPERS INC. (Palo Park, Ill.) - Larry Henry is now vice president of Logistics and Manage
TIRED OF WAITING, CANADA, CHILE TO START WRITING TRADE AGREEMENT
Reuters |
Canada and Chile will start working out their own free trade agreement within two weeks, without wai
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended Dec. 23, 1995, vs. Similar 1994 Period Cars CarsLoaded LoadedChang
DESPITE UNSETTLING ECONOMIC WOES, EU MOOD IS UPBEAT ENTERING 1996
Jeremy Gaunt |
Unemployment is in double digits, the overall economy looks set for a downturn and Euro-skepticism i
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Surfing the Global Net From Caribbean Shores. Feb. 26-27. Barbados. C
Maritime
GASOLINE PRICES
JOC Staff |
Dec. 29, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
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