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The Latest News & Analysis

US IMPORTS OF COLOMBIA'S CUSIANA CRUDE EXPECTED TO RISE

Knight-Ridder Financial |
Colombia's Cusiana crude is expected to displace some U.S. imports of light, sweet crude from the U.

KR-CRB FUTURES INDEXES

JOC Team |
The Knight-Ridder Commodity Research Bureau's future price index closed Monday at 230.03 off 1.19 wh

CHEMICAL PRICES

Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 11, 1995<br><br> Quotations are based on prices reported in the market or obtained from s

SPOT METALS PRICES

JOC Team |
Commercial Quantity<br><br> Aluminum ingots_ $1,100-$1,150per ton lots &

SAUDI ARABIA SEEKS PRIVATE-SECTOR AID TO DEVELOP VAST MINERAL WEALTH

Reuters |
Saudi Arabia is tapping a wealth of minerals and wants private investment in a sector that could gen

CITIZENS UTILITIES BUYS PHONE FIRM

Knight-Ridder Financial |
Citizens Utilities announced Tuesday that it has acquired Flex Communications in a stock-for-stock t

COMMODITY / ENERGY BRIEFS

Wire and Staff Reports |
INDONESIA WEIGHS ROLE<br><br> IN COFFEE-EXPORT GROUPIndonesia will decide whether to join a new expo

KRAFT FOODS' SPECIALTY OILS BUSINESS IN N. AMERICA SOLD TO UK COMPANY

Knight-Ridder Financial |
Kraft Foods Inc., an operating company of Philip Morris Cos., is selling its specialty oils business

DAILY PETROLEUM PRICES.

JOC Team |
Tuesday July 11, 1995<br><br> Prevailing sellers' posted prices at the close of business, representi

HEATING OIL SUPPLIES EXPECTED TO KEEP WINTER PRICES STABLE

ARTHUR GOTTSCHALK |
With the heating oil buying season about to begin, traders and brokers are expecting wholesale price

ASARCO TO SELL ITS STAKE IN PERUVIAN MINING FIRM

Knight-Ridder Financial |
Asarco Inc. said it has agreed to sell its 80 percent interest in Corporacion Minera Nor Peru SA, wh

COMMODITY / ENERGY BRIEFS

Wire and Staff Reports |
SANDOZ AG TO ACQUIRE<br><br> US GENE THERAPY FIRM<br><br>TOKYO - Sandoz Pharmaceutical Ltd. said Tue

"OPEN' APPROACH REPORTEDLY CLEARS DU PONT'S PATH FOR INDIAN NYLON PLANT

N. VASUKI RAO |
Du Pont Far East Inc. is changing strategy and trying to establish local links after environmental p

CHINESE PUSHING FOR MORE CLARITY IN POWER DEALS

P.T. BANGSBERG |
China wants more stroking than stoking from overseas investors in its power sector,<br><br> "Project

US-CHINA POLITICAL TENSION UNLIKELY TO AFFECT FARM TRADE, OFFICIALS SAY

Knight-Ridder Financial |
Growing strains in the U.S.-China political relationship are unlikely to harm U.S. agricultural sale

GRAIN, SOYBEAN EXPORT DESTINATIONS

U.S. Agriculture Department; Journal of Commerce |
No text.<br><br> <br><br>

MILITANT GROUP BLOWS UP ALGERIAN GAS PIPELINE

Reuters |
Moslem militants have blown up a gas pipeline in eastern Algeria that supplies the capital Algiers,

RAIL TRAFFIC TO JULY 1 RAIL TRAFFIC ORIGINATED BY COMMODITY

Association of American Railroads, Washington, D.C. |
No story.<br><br> <br><br>

TRANSPORT BRIEFS

Wire and Staff Reports |
BOEING: ASIAN ROUTES<br><br> TOPS IN CARGO GROWTH<br><br>SEATTLE - Increasing air cargo shipments ar

PRATT & WHITNEY SET TO DELIVER LAYOFF NOTICES

Associated Press |
Pratt & Whitney will start distributing layoff notices Monday, following the company's announcement

JAPAN, US AT LOGGERHEADS IN AIR TALKS

MARK MAGNIER |
The noose squeezing Japan-U.S. aviation talks tightened further Tuesday when Japan's transport minis

EFFORT TO BALANCE BUDGET COULD TAKE BIG BITE OUT OF FAA FUNDS, OFFICIAL SAYS

LISA BURGESS |
The Republican Congress' plans to balance the federal budget by 2002 could slash the Federal Aviatio

2 DEMOCRATIC SENATORS HIT US FOR SLIGHTING AIR CARGO INTERESTS

STEPHANIE NALL |
Two Democratic senators Tuesday accused the United States of neglecting the interests of air cargo c

TRANSPORT BRIEFS

Wire and Staff Reports |
NIPPON CARGO AIRLINES<br><br> ADDS A 747-SRF JET<br><br>TOKYO - Nippon Cargo Airlines said it will a

STRAIGHT TALK - IRA ROSENFELD UAL WEDDING ALBUM: HAPPY PICTURE FRAYING AROUND THE EDGES

Ira Rosenfeld |
A year ago today, UAL Corp. shareholders approved a $4.9 billion buyout that saw 76,000 United Airli

GREENBRIER'S PROFIT DOUBLES AS DEMAND CONTINUES TO SURGE FOR RAIL EQUIPMENT

Journal of Commerce Staff |
Continued strong demand for new rail equipment fueled record quarterly net income of $6.3 million, o

AUTOMOBILES: WATERBORNE EXPORTS

Compiled by the Journal of Commerce from database of Port |
No text.<br><br> <br><br>

MARITIME BRIEFS

Wire and Staff Reports |
HONG KONG BOX TRAFFIC<br><br> GROWS AT RECORD PACEThe Port Development Board said Monday that Hong K
Maritime

WAVE OF MARITIME PIRACY REPORTED IN INDONESIA

Reuters |
A surge in maritime piracy is under way in Indonesia, with nearly a third of the world's reported at
Maritime

BREMEN AND HAMBURG PORTS SHIFT FOCUS RIVALS LOOK TO LURE EACH OTHER'S TRAFFIC

ROBERT KOENIG |
For decades, the mere 60 miles separating the rival city-states of Hamburg and Bremen/Bremerhaven ma
Maritime

CORRECTION

JOC Team |
A table appearing on Page 7B of the July 6 edition of The Journal of Commerce should have said the v
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

INTERMODAL SERVICES GROWING AS MERCOSUR BREAKS BARRIERS

MARIA CARLINO |
Borders in South America have historically been closed, physically and economically. But as Argentin

POLITICAL STABILITY SPURS INVESTMENT IN MINING INDUSTRY

GORDON PLATT |
The mining industry is attracting increasing investment in Latin America<br><br>because of the treme

AUTO, PARTS IMPORTS POISED TO CLIMB AS BARRIERS FALL

MARIA CARLINO |
As economic and trade roadblocks come down in South America, auto industry analysts foresee smooth t

RAIL SYSTEMS ON SEPARATE TRACKS

CHARLES W. THURSTON |
Latin America's many unconnected national rail systems seem destined to remain separate for years to

US DUTY EXEMPTIONS EXPECTED TO DECLINE IN IMPORTANCE

RICHARD LAWRENCE |
Import duty reductions for U.S. goods assembled abroad are likely to become a declining factor in in

AMERICAS' MOST WANTED: A PANAMA CANAL ALTERNATIVE

KEVIN G. HALL |
As reliable as the rainy seasons, ideas for alternatives to the Panama Canal continue to float aroun

REGION'S BUSINESS CLIMATE: MODERN, FOR THE MOST PART

DOUG HARPER |
Conducting business in Mexico City, Caracas or Buenos Aires today is not markedly different from doi

6,000 CHINESE INJURED LAST YEAR BY EXPLODING BEER BOTTLES

Reuters |
Increasing numbers of Chinese consumers are being blinded and injured by shards from exploding beer
Maritime