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GOOD NEWS FOR CHINESE YARDS AS IMPORTS OF SHIPS PLUMMET DOMESTIC, FOREIGN ORDERS INCREASING
P.T. Bangsberg |
China's imports of ships show signs of a sudden, sharp decrease, while domestic yards report strong
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
TRANSPORT BRIEFS
From Wire and Staff Reports |
PROPOSALS SOUGHT FOR NY AIRPORT CARGO FACILITIESThe Port Authority of New York & New Jersey
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
INSIDE TALK - RIP WATSON RECENT MERGERS PUSH THE RAILROAD INDUSTRY TO MAKE BIG CHANGES
Rip Watson |
Railroads have taken their lumps over the years, in no small measure for their inability or unwillin
ROADWAY SERVICES POSTS NET OF $2.3 MILLION
Journal of Commerce Staff |
Roadway Services Inc. reported disappointing third-quarter earnings and said it would not be able to
INSURANCE BRIEFS
Wire and Staff Reports |
A.M. BEST REVIEWS GUARDIAN RATINGOLDWICK, N.J. - A.M. Best Co. has placed the "B+" (Very Goo
AN "ASSUMED' NAME HELPS BOOST US MANUFACTURERS' OVERSEAS SALES
Paul F. Conley |
When a U.S. company tries to sell something overseas, one hurdle often faced is lack of name recogni
FAA REFORM MAY NOT TAKE TRUST FUND OFF-BUDGET
Lisa Burgess |
Key House members may drop a controversial proposal from their Federal Aviation Administration refor
INDUSTRIAL, MINING OUTPUT RISES IN JAPAN
Knight-Ridder Financial |
Japan's seasonally adjusted industrial and mining production index was 94.5 (1990 equals 100) in Aug
BALTIMORE HAS NICHE EXPORTING FARM GEAR
Bruce Vail |
Competition among ports may ebb and flow, but Baltimore remains the preferred port for exporters of
ROLL-ON CARRIERS HAVE LITTLE TO FEAR FROM CONTAINERS
Bruce Vail |
Predictions that containerization would make major inroads into the farm equipment market appear to
QUOTE TO NOTE THROTTLING CUBA
_ Rep. Lincoln Diaz-Balart |
"Now we are telling the international community that if they want to go in there and purchase the pr
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 28, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Sept. 28, 1995 Prevailing sellers' posted prices at the close of business, represen
COMMODITY / ENERGY BRIEFS
From Wire and Staff Reports |
ASHLAND UNIT TO REDUCE DRILLING, REORGANIZEAshland Exploration Inc., a subsidiary of Ashland
FREIGHT RATE FUTURES
JOC Staff |
Sept. 28, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: U.S. Department of AgricultureForeign Agricultural Service<
Maritime
UNION LEAVES COALITION AGAINST APL'S FOREIGN CREWS
Peter M. Tirschwell |
A union representing unlicensed engine room workers has pulled out of a West Coast labor coalition f
Maritime
SUPERFUND BILL UNVEILED BY HOUSE CHAIRMEN RETROACTIVE LIABILITY WOULD BE KEPT FOR BIG COMPANIES
William L. Roberts |
The 15-year-old Superfund cleanup program would get a partial make-over under a bill to be introduce
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
INSTITUTE OF INTERNATIONAL FINANCE PRESSES FOR NEW CRISIS STRATEGY AIM IS TO AVOID ANOTHER MEXICO
Richard Lawrence |
An international banking group Thursday called for a new strategy to help both avert and manage futu
EU PHOTOCOPIER DUMPING VOTE SPARKS IRE EXTRA DUTIES CALLED POLITICAL
Bruce Barnard |
The European Union is deeply divided over a plan to prolong 9-year-old anti- dumping levies on Japan
Maritime
JAPAN, US FAIL TO REACH AGREEMENT ON AIR CARGO AFTER 3 DAYS OF TALKS
Mark Magnier |
Japan and the United States ended three days of negotiations Thursday in Tokyo without reaching an a
TRADE LEADS
JOC Staff |
Exporters/suppliers or importers/buyers are sought for the following items. Interested parties are a
Maritime
DANZAS IN RED FOR FIRST HALF MENZINGER OUT AS PRESIDENT
Special to The Journal of Commerce |
Danzas AG, a large multinational freight forwarder, said it lost 17 million Swiss francs ($14.7 mill
REVAMP HELPS CUSTOMS KEEP THUMB ON PULSE OF GLOBAL TRADE ISSUES
Bill Mongelluzzo |
When the United States entered into important international trade pacts like the North American Free
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
CHINA MEETING TO MULL RUSSIAN-JAPAN SERVICEChina's Tumen River development team will hold a
Maritime
HONG KONG EXPORT INSURER RAISES CAP ON COVERAGE
P.T. Bangsberg |
Hong Kong's export insurer is raising its cover on main policies and cutting the time it takes to lo
EU MAY CONTINUE ITS BAN ON SUBSIDIES OF GRAIN EXPORTS LOW GLOBAL STOCKS FORCE REVERSAL
Bruce Barnard |
The European Union is to consider prolonging a ban on grain export subsidies into 1996 as prices ris
NORWAY'S JOBLESS RATE DECLINED IN SEPTEMBER
Knight-Ridder Financial |
Norway's unemployment rate in September was 4.5 percent after 5.2 percent in August, the Employment
MAKING WAVES - ALLEN WASTLER BENIGN OR INSIDIOUS, DEFERRED REBATES MAY MAKE A COMEBACK
Allen Wastler |
One side says it's nothing more than the maritime equivalent of discount coupons or the old-fashione
Maritime
BNSF CAUTIONS MEXICANS OF RAIL MONOPOLY THREAT
Kevin G. Hall |
The Burlington Northern Santa Fe Corp. has warned Mexico of problems it will face should competitors
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 28, 1995 Quotations are based on prices reported in the market or obtained from
AA CARGO SPREADS ITS WINGS WITH ALITALIA ALLIANCE
Lisa Burgess |
Barely two months after announcing a major alliance with Japan Airlines, American Airlines' cargo di
"NEW' CUSTOMS DEBUTS MONDAY REORGANIZATION INCREASES AUTHORITY OF LOCAL UNITS
Bill Mongelluzzo |
When importers, customs brokers and freight forwarders show up for work Monday, they will be contend
US FORGES AUTO PACT WITH KOREA KANTOR SAYS ACCORD IS GOOD FIRST STEP
John Maggs |
The United States reached an agreement on lowering South Korea's barriers to auto imports, but short
ROYAL INSURANCE GETS NOD FROM CHINA TO OPEN OFFICE
Special to The Journal of Commerce |
Royal Insurance, the diversified London-based insurer, said it had obtained approval from the Chines
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Sept. 28, 1995 Prev. Life of Contr. OpenOpen High Low
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