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COST OF CREDIT
JOC Staff |
Wednesday, Aug. 16, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
IMF BACKS NIGERIA'S ECONOMIC STRATEGY
Special to The Journal of Commerce |
There has been a major breakthrough in two-year talks between Nigeria and the International Monetary
WESTERN GERMAN WHOLESALE PRICES FALL
Knight-Ridder Financial |
Western German wholesale prices fell 0.7 percent in July from June and were 1.7 percent higher than
DOLLAR STRENGTHENS AGAINST THE YEN AS TRADERS AWAIT FURTHER INTERVENTION
Knight-Ridder Financial |
The U.S. dollar remained firm Wednesday after Tuesday's sharp rally, with the U.S. currency rising t
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Aug. 17, '94 - Aug. 16, '95 (a graph) (2
CHINA HOLDS 1ST AUCTION OF 1-YEAR T-BILLS
Reuters |
The authorities auctioned government treasury bills this week for the first time, putting 3 billion
Maritime
CHINA'S QUALITY CONTROL SYSTEM TAKES BASIC SHAPE
P.T. Bangsberg |
China has established a series of accreditation centers in its effort to improve the quality of good
Maritime
HOUSE TRADE PANEL MEMBER URGES BIPARTISAN SUPPORT FOR FAST TRACK
WILLIAM DiBENEDETTO |
It's crucial to get bipartisan support for legislation giving President Clinton so-called fast-track
Maritime
GUARANTEE AGENCY STRIVES TO KEEP SIGN OUT IN WAR-TORN SRI LANKA
Nick Macfie |
An investment guarantee agency that provides insurance against the risk of war in developing countri
Maritime
CARIBBEAN LEADERS MEET TO FORGE TRADE BLOC 25 NATIONS REPRESENTED AT SUMMIT
Canute James |
Presidents and prime ministers of 25 countries in the Caribbean Basin are meeting in this English-sp
Maritime
VIT DEFENDS HOLDING AGENTS LIABLE FOR SHIPOWNERS' DEBTS PETITION TO FMC PROMPTS DEBATE
Tim Sansbury |
Blocking port operators from collecting a shipowner's unpaid terminal chargesfrom the owner'
Maritime
QUOTE TO NOTE THE SOUL OF A RUSSIAN BUSINESSWOMAN:
_ Valentina Rybtsova |
"Women in Russia who go into business are very serious about it and have a delicate and scrupulous p
Maritime
TRANSPORT CALENDAR
JOC Staff |
National Conference of State Railway Officials. Aug. 20-23. AASHTO standing committee meeting. Portl
PEOPLE - TRANSPORT
Wire and Staff Reports |
ASSOCIATED AIR FREIGHT INC. (New Hyde Park, N.Y.) - Tony McFarland was named director of credit and
DOMESTIC VEHICLE SALES PLUNGE 72 PERCENT IN MEXICO SO FAR IN '95
Associated Press |
Domestic Mexican vehicle sales through the first seven months of the year totaled 97,653 units, off
IDAHO TRUCKERS WARN GAS TAX COSTS FOR ROAD UPKEEP WILL BE PASSED ON
Associated Press |
Trucking companies warn a hike in the state gas tax to improve Idaho's roads could eventually come f
TRANSPORT BRIEFS
From Wire and Staff Reports |
JAPANESE MINISTRY TO ORDER FIGHTERSTOKYO - Japan's Defense Ministry plans to order p
CANADA TRUCK SIZE, WEIGHT PLAN UNVEILED
Journal of Commerce Staff |
Canada's three eastern region trucking associations Wednesday unveiled a joint proposal to harmonize
NEW RULE REQUIRES IMPROVED HEAD PROTECTION IN VEHICLES
Journal of Commerce Staff |
Auto and light truck manufacturers are required to begin a five-year phase-in of improved head prote
AUTO HAULERS, TEAMSTERS REPORT PROGRESS IN TALKS
Chris Isidore |
Talks between the National Automobile Transporters Labor Division and the International Brotherhood
FAA BARS JAPAN AIRLINES FROM WORKING ON US PLANES
Reuters |
Japan Airlines has been denied permission to do maintenance on U.S. planesbecause its facili
MICRONESIA'S FISH TAKE TO FLYING NEW AIRLINE CARRIES CATCH TO GUAM
William Armbruster |
Fish caught in the waters surrounding Micronesia now have a new way of getting to Japan - by air.
FIRST BOSTON TO ADVISE IN MEXICO RAIL SALE CONCESSIONS TO BE OFFERED
Kevin G. Hall |
The Mexican government has selected First Boston Corp., the international investment bank, to advise
DISSIDENT TEAMSTERS LEADER IN DETROIT SEEKS ACCESS TO FINANCIAL RECORDS
Journal of Commerce Staff |
Larry Brennan, president of Teamsters Local 337 in Detroit and a vocal critic of Ron Carey, the unio
SEKO-AIR FREIGHT OPENS TERMINAL IN HONOLULU
Journal of Commerce Staff |
Seko-Air Freight said it has opened a terminal in Honolulu. Seko officials said the new term
TRANSPORT BRIEFS
From Wire and Staff Reports |
TWA PILOTS' LEADER WON'T SEEK NEW TERMWilliam Compton, chief of the Trans World Airlines pil
LOT POLISH AIRLINES' CARGO RISES 18 PERCENT
Journal of Commerce Staff |
LOT Polish Airlines said its cargo volume in the first six months of this year rose 18 percent to mo
SWISS PRODUCER PRICES UNCHANGED
Knight-Ridder Financial |
Swiss producer prices remained unchanged in July from June, but fell 0.1 percent on the year, wherea
BP, DISAPPOINTED WITH RECENT DRILLING, HAS SECOND THOUGHTS OVER ALASKAN FIELD
Associated Press |
BP Exploration (Alaska) Inc. says recent drilling indicates the North Slope Badami oil field may not
API WEEKLY REPORT US CRUDE OIL STORES UP
Journal of Commerce Staff |
U.S. inventories of crude oil rose by 1.7 million barrels during the week ended Aug. 11, compared wi
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
EXIM JAPAN TO LEND $122 MILLION TO MEXICOThe Export-Import Bank of Japan said it will extend
IVORIAN COCOA REFORM DRAWS MIXED RESPONSE
Knight-Ridder Financial |
The planned reform of Cote d'Ivoire's cocoa sector has met with a mixed reception from European trad
HONEYWELL TO PROVIDE CHINA'S SINOPEC WITH COMPUTER CONTROL SYSTEMS
Alan Gersten |
Honeywell Inc. and China National Petrochemical Corp. (Sinopec) todayannounced a strategic alliance
ARCHER DANIELS SET TO SHUT ETHANOL UNIT 58 OUT OF WORK
Associated Press |
The Archer Daniels Midland Co. ethanol plant here will shut down at the end of next week, leaving 58
ENRON PROJECT IN INDIA MAY BE ALIVE AFTER ALL FIRM HEARS DEAL WASN'T CANCELED
Arthur Gottschalk |
Enron Corp.'s recently canceled, multibillion-dollar deal to build a giant power plant in India may
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 16, 1995 Prevailing sellers' posted prices at the close of business, represen
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 16, 1995 Quotations are based on prices reported in the market or obtained from s
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 234.28 off 0.43 w
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