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TRADE BRIEFS
Wire and Staff Reports |
S. KOREA CHIP EXPORTS TO TOP $20 BILLIONSEOUL, South Korea - Exports of South Korean
Maritime
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
DEERE'S PROFIT SOARED TO 3RD-QUARTER RECORD
Associated Press |
Deere & Co. said Thursday its worldwide net income jumped 14 percent for the three months ending Jul
PORTLAND PROPERTY FIRMS SNAP UP PORT LAND FOR WAREHOUSE USE
Journal of Commerce Staff |
Two Portland, Ore.-area commercial and industrial property firms are buying land in the Port of Port
Maritime
VA. PORTS LOSE A DAY OUT OF FEAR FROM FELIX UNCERTAINTY OVER STORM WREAKS HAVOC
Tim Sansbury |
Coast Guard officials reopened the Chesapeake Bay shipping channel Thursday, putting Virginia Port A
Maritime
WIDENING DEFICIT ON TRACK TO REACH A RECORD HIGH
Richard Lawrence |
The U.S. merchandise trade deficit grew in June and is headed toward a new high this year, probably
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
AUSTRALIA FIRM: VIETNAM NOT INVESTOR-READY
Reuters |
One of Australia's biggest companies, Wesfarmers Ltd., criticized Vietnam's foreign investment envir
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
NORTHWEST AIRLINES TO JOIN NASDAQ TODAYST. PAUL, Minn. - Northwest Airlines Corp. be
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 17, 1995 Quotations are based on prices reported in the market or obtained from s
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
DIRECTOR COX QUITS THE MESA 'SIDESHOW'IRVING, Texas - Mesa Inc. Director John L. Cox resigne
ROMANIA'S PORT OF CONSTANTZA STRIVES TO ATTAIN HUB STATUS PLANNED TERMINAL FOR BOXES IS KEY
Michele Kayal |
As it approaches its 100th anniversary, this bulk port on the Black Sea plans to overcome its toughe
Maritime
EU SET TO REVIEW PLANNED US MERGER
Reuters |
The European Commission said Thursday it would review the planned merger between U.S. companies Kimb
MARITIME BRIEFS
Wire and Staff Reports |
SHIP VENTURE TO LINK NORTH, SOUTH KOREASEOUL, South Korea - A South Korean-Chinese joint ven
Maritime
INSURANCE EARNINGS
Wire and Staff Reports |
HOME HOLDINGS SHOWS NET LOSS FOR QUARTERNEW YORK - Home Holdings Inc., whose insuran
METLIFE-NEW ENGLAND DEAL WINS RATING FIRMS' NOD
Journal of Commerce Staff |
Three insurance-company rating firms reacted positively to Metropolitan Life Insurance Co.'s planned
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 17, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%
UP-SP PLAN PROMPTS CONCERNS IN MEXICO ANTITRUST AGENCY, MAJOR SHIP LINE QUESTION MERGER
Kevin G. Hall |
Mexico's antitrust agency, the Comision Federal de la Competencia, is prepared to register its conce
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
FEDEX UNVEILS DETAILS OF INTRA-ASIAN NETWORK
William Armbruster |
Federal Express Corp. took the wraps off its new intra-Asia overnight delivery network Thursday.
FAA POISED TO SUSPEND JAL'S AUTHORITY TO DO MAINTENANCE ON US AIRCRAFT
Lisa Burgess |
The Federal Aviation Administration expects to suspend formally Japan Airlines' authority to do main
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday Aug. 17, 1995 Prevailing sellers' posted prices at the close of business, represent
TRUCKERS FILE COURT CHALLENGE TO SALES TAX IN SOUTH DAKOTA
Associated Press |
A court challenge has been filed to the state's new sales tax on in-state trucking services.
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 17, 1995 Prev. Life of Contr. OpenOpen High
COLUMBUS, LASER BEGIN LATIN RELAY SERVICE
Journal of Commerce Staff |
Columbus Line and Laser Lines, both parts of the Hamburg-Sud Shipping Group, started a relay service
Maritime
COMMERCE PREDICTS GROWTH RATE OF 9.5 PERCENT A YEAR FOR US EXPORTS
Journal of Commerce Staff |
U.S. exports of goods and services will expand during the rest of this decade by an average 9.5 perc
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
RUMORS OF CAP ON INTEREST RATES IN MEXICO WORRY INVESTORS
Kevin G. Hall |
Rumors that Mexico may impose interest-rate ceilings have sparked concerns on Wall Street and Mexico
OLYMPIA, WASH., PORT CHIEF FIRED MANAGEMENT STYLE CALLED AN ISSUE
WILLIAM DiBENEDETTO |
For reasons that are not particularly clear - other than unspecified concerns about his management s
Maritime
BWIA ORDERS 10 PLANES FROM EMBRAER OF BRAZIL
Special to The Journal of Commerce |
A Trinidadian airline that is managed by U.S. investors will spend about $180 million to buy new air
AMERITECH AGREES TO BUY LEP UNIT
Associated Press |
Ameritech Corp. is seeking to expand its holdings in the security monitoring business by buying Nati
PEOPLE - TRANSPORT
From Wire and Staff Reports |
FEDERAL EXPRESS CORP. (Memphis) - Robert Shirley, managing director of FedEx's Northwest region sale
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
IRVING OIL DENIES AIR-POLLUTION CHARGESAINT JOHN, New Brunswick - Irving Oil Ltd. has pleade
SPOT PRODUCT PRICES
JOC Staff |
Aug. 17, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
FREIGHT RATE FUTURES
JOC Staff |
Aug. 17, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
UNION URGES PANAMA SANCTIONS LABOR CRACKDOWN SPARKS OUTCRY FROM SHIP PILOTS
Tim Shorrock |
The U.S. union representing marine pilots on the Panama Canal is asking the Clinton administration t
HALL OF FAME PAYS TRIBUTE TO THE HEROINES OF MARITIME
Alice Cantwell |
Mary Patten was 20 and pregnant when she piloted a clipper ship from New York to San Francisco in 18
TRANSPORT BRIEFS
Wire and Staff Reports |
CF MOTORFREIGHT WINS PG&E CONTRACTMENLO PARK, Calif. - CF MotorFreight, the national
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
MATSON, IN A BID TO CUT COSTS, PLANS TO MERGE SERVICE CENTERS IN PHOENIX
Peter M. Tirschwell |
Matson Navigation Co., facing the prospect of little or no growth in its Hawaii container business o
Maritime
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