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LONDON OIL FUTURES

JOC Staff |
International Petroleum Exchange Dec. 14, 1995*Brent Crude Oil - (Dollars Per Barrel)

NEW HAVEN RESIDUAL FUELS

JOC Staff |
Dec. 14 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%B

TRANSPORT BRIEFS

From Wire and Staff Reports |
MAJOR US AIRLINES POST RECORD PROFITSThe 11 major U.S. airlines reported record operating an

W. COAST STORMS GET "CATASTROPHE' RANKING PCS SAYS LOSSES WON'T HIT LEVEL SEEN IN EARLY '95

Margo D. Beller |
The storms that lashed California, Oregon and Washington this week created at least $5 million in in

GASOLINE PRICES

JOC Staff |
Dec. 14, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Pre

SPOT PRODUCT PRICES

JOC Staff |
Dec. 14, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f

HOG HEAVEN: SCIENTISTS FIND PIGS THRIVE ON CHOCOLATE DIET

Journal of Commerce Staff |
Pigging out on chocolate can make you feel like a real pig, unless of course you are a real pig - in

OIL NATIONS ACCUSED OF BLOCKING REPORT ON GLOBAL WARMING

Jude Webber |
Environmentalists said the "Carbon Club" of oil nations was trying to block a major report on global

NIGERIANS SEEK UNIONISTS' RELEASE

Reuters |
Nigerian trade unionists urged the military government to release their colleagues detained since la

DAILY PETROLEUM PRICES.

JOC Staff |
Thursday Dec. 14, 1995 Prevailing sellers' posted prices at the close of business, represent

COMMODITY / ENERGY BRIEFS

Wire and Staff Reports |
THAI GAS FIRM MOVES TO SATISFY DEMANDBANGKOK - State-owned Petroleum Authority of Th

COMMODITY / ENERGY BRIEFS

Wire and Staff Reports |
RUSSIAN REFINERY TO GET US EX-IM BANK BOOSTSwiss-Swedish electrical giant Asea Brown Boveri

LARGEST P&I CLUB VOTES TO SUPPORT $20 BILLION LIABILITY LIMIT PER CLAIM

Liz Shuker |
Shipowner members of the largest protection and indemnity club in the world voted Thursday to limit

CANADIAN CONSOLIDATION CONTINUES WITH MORE OIL MERGERS ANNOUNCED

Reuters |
Merger-mania continued in the Canadian oil industry with the announcement of two multimillion-dollar

SHIP FIXTURE BREAKDOWN

Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime

MEXICO TO OPEN BIDS IN JULY FOR INDEPENDENT POWER PLANT

Kevin G. Hall |
Bids for natural gas transport to feed Mexico's planned first independent power plant will be accept

THAI SHIPPERS SEEK AID TO BARGAIN FOR "FAIR' RATES

Ron Corben |
The Thai National Shippers' Council is appealing to the government to implement legislation giving l
Maritime

RUSSIAN PREMIER: LOWER INFLATION IS TOP PRIORITY

Knight-Ridder Financial |
Russian Prime Minister Viktor Chernomyrdin said Thursday that his government's main priorities in 19

BALTIC FREIGHT INDEX

JOC Staff |
1644 (Dec. 14, 1995) Previous day - 1631 The Baltic International Freight Futures Market in
Maritime

LOGS AND LUMBER: US WATERBORNE EXPORTS

Compiled by the Journal of Commerce from database of Port |
No text.
Maritime

FREIGHT RATE FUTURES

JOC Staff |
Dec. 14, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime

PEMEX TO POST PROFIT OF $2.2 BILLION ABOVE '94

Kevin G. Hall |
Petroleos Mexicanos (Pemex), Mexico's state-owned oil company, will post profit this year of $2.2 bi

NEW FLOATING DOCK ADDS VERSATILITY TO PORT OF SHANGHAI

P.T. Bangsberg |
Shanghai, China's largest port and shipbuilding center, has broadened its range of options by openin
Maritime

TEXTILE IMPORTERS EXPECT ERRORS IN 1ST ELECTRONIC VISAS

Bill Mongelluzzo |
Textile importers anticipate glitches when the new Electronic Visa Information System (Elvis) begins

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

MORE CHANGE ON HORIZON AT ROADWAY

Chris Isidore |
Daniel J. Sullivan made his reputation in the trucking industry as the father of Roadway Package Sys

JOURNAL OF COMMERCE - FAST FACTS US COTTON IMPORTS: TEXTILES & APPAREL

Commerce Department Textiles Office |
No text.

CONFERENCE SHIPOWNERS WOO INDEPENDENT LINES

Mark Magnier |
Shipowners in two major trade lanes will make a last ditch effort in Hong Kong this week to prevent

SHIP SUBSIDY BAN GETS NEW LIFE IN HOUSE

William L. Roberts |
A key House subcommittee put a global ban on shipbuilding subsidies back into play Wednesday.

EU SUMMIT SEEKS UNITY AS UNREST GRIPS CAPITALS

Bruce Barnard |
The leaders of the European Union will try Friday to close deepening divisions over a single currenc

ONLY SPIES MAY KNOW SOFTWARE STUDY SECRETS ENCRYPTION REPORT KEPT UNDER WRAPS

Michael S. Lelyveld |
A highly classified report on encrypted software reportedly has sparked conflict between government

CONTRACT TALKS ARE DIVIDING TACA MEMBERS

Michael Fabey |
A rift appears to be developing among shipping lines that set rates together on the North Atlantic.<

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Dec. 16, '94 - Dec. 13, '95 (a graph) (2

COST OF CREDIT

JOC Staff |
Wednesday, Dec. 13, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada

GINGRICH PROPOSES EXTENSION ON US SPENDING AUTHORITY FUNDS WOULD FLOW THROUGH MONDAY

Tom Connors |
As the deadline for another partial government shutdown approached, House Speaker Newt Gingrich Wedn

CASTRO SEEKS TOKYO'S HELP IN ENDING EMBARGO BY US

Reuters |
Cuban President Fidel Castro on Wednesday appealed to Japan for help in lifting the U.S. trade embar

FOREIGN EXCHANGE

JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among

SALOMON STILL CONFIDENT VENTURE IN S. KOREA WILL FLY DESPITE ROW

Jason Booth |
Salomon Brothers remains confident that it's joint-venture brokerage, Hannuri-Salomon Brothers, will

US DOLLAR RISES AGAINST DEUTSCHE MARK FRANC FALLS

Knight-Ridder Financial |
The U.S. dollar surged above 1.4500 Deutsche marks Wednesday, partly on scattered sentiment that the

CANADA'S COMPOSITE LEADING INDICATOR UP

Knight-Ridder Financial |
Canada's composite leading indicator rose 0.3 percent in November from October to 172.2 (1981=100),
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