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COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
KUWAIT TO ASK OPEC TO PUMP UP ITS QUOTABRUSSELS - Kuwait will ask the Organization o
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
INSURANCE ISSUE UNRESOLVED AS BANK BILL CLEARS PANEL
William L. Roberts |
Side-stepping a host of pitfalls that have killed past efforts to repeal the Glass-Steagall Act of 1
COST OF CREDIT
JOC Staff |
Friday, June 16, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
QUOTE TO NOTE ON HONG KONG AFTER 1997:
Paul M.F. Cheng |
"I like to think of Hong Kong as the international division of China Inc. What's happening is that H
Maritime
CONSUMER PRICES RISE IN IRELAND
Knight-Ridder Financial |
Ireland's consumer price index rose 2.8 percent in the 12 months between mid- May 1994 and mid-May 1
Maritime
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 16, 1995 Quotations are based on prices reported in the market or obtained from s
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended June 10, 1995, vs. Similar 1994 Period Cars CarsLoaded Loaded
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 235.77 up 2.00 w
LUMBER BUYERS LOOK FOR "GREEN' LABEL
Charles W. Thurston |
U.S. lumber importers, distributors and wholesalers increasingly are seeking out wood products that
HEWLETT-PACKARD BOOSTS INVESTMENT IN THREE JOINT VENTURES IN CHINA
P.T. Bangsberg |
Computer and instrument manufacturer Hewlett-Packard Co. is boosting investment in China in three pr
Maritime
JAN JANSEN LEADING OGDEN'S "GROUND TROOPS' INTO EUROPE
Bruce Barnard |
Jan Jansen is the 37-year-old Dutchman who runs Ogden Aviation BV, the second-largest ground-service
RUSSIA'S NEW IMPORT TARIFFS
JOC Staff |
In May 1995, the Russian government introduced a new import tariff schedule, leaving most rates unch
Maritime
TRADERS WILL TEST RESOLVE OF G-7 TO SUPPORT DOLLAR WITH INTERVENTION
Gordon Platt |
The Group of 7's determination to support the dollar will be tested this week, and any signs of weak
US SUGAR INDUSTRY WANTS SYSTEM OF CAPS ON RAW, REFINED PRICES
Patrick Kelly |
The U.S. sugar industry wants to replace domestic marketing allotments with a more reliable market-o
TRANSPORT BRIEFS
Wire and Staff Reports |
ICC SETS JULY 19 DATE FOR BN ORAL ARGUMENTSThe Interstate Commerce Commission has set July 1
GOLD VENTURE GETS CONDITIONAL PERMIT
Reuters |
Developers of the Kensington gold mine north of Juneau, Alaska, have improved their plans enough to
DAILY PETROLEUM PRICES
JOC Staff |
Friday June 16, 1995 Prevailing sellers' posted prices at the close of business, representin
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
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
SKULD P&I ASKS ITS MEMBERS FOR 20 PERCENT INCREASE IN PREMIUMS
JOC Staff |
The Skuld Protection & Indemnity Club has asked its member shipowners to pay an additional 20 percen
INLAND COOPERATION TO BE SHIP ALLIANCE'S BIG TEST
Bill Mongelluzzo |
Shipping executives expect the industry's newest alliance of Hanjin Shipping Co., Cho Yang Line and
"CORE' TREND MEANS MONEY FOR INSURERS
HELEN MacLEOD |
If there ever were a phrase that characterized the insurance business in the early '90s, it was "get
SUMMIT REDESIGNS FINANCIAL MAP TO MEET 21ST-CENTURY CHALLENGES
Keith M. Rockwell |
The leaders of the world's seven largest industrial countries last week redesigned the world's finan
ROADWAY EXPRESS SIGNALS A TURN ONTO THE RATE-HIKE HIGHWAY
Chris Isidore |
Joseph M. Clapp, chairman and chief executive of Roadway Services Inc., said subsidiaryRoadway Expre
UTILITIES GAIN FROM POLLUTION CREDITS TRADING
Journal of Commerce Staff |
There is good news for paper producers from electric utility companies who preceded them into the po
METALLGESELLSCHAFT UNITS TO PAY NYMEX PENALTIES
Reuters |
Two U.S. subsidiaries of Germany's Metallgesellschaft said they agreed to pay the New York Mercantil
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Poland 1995: Crossroad of Opportunities. June 19. New York. Contact:
Maritime
BALTIC FREIGHT INDEX
Journal of Commerce |
The Baltic Freight Index is a daily indicator of world bulk shipping freight rate levels.
Maritime
NAFTA-RELATED WATCHDOG TO STUDY MEXICO BIRD KILL
Kevin G. Hall |
The Commission for Environmental Cooperation, the watchdog environmental agency created to parallel
Maritime
CANADA MAY IMPORT GRAIN TO AID LIVESTOCK INDUSTRY
Marc Piche |
Canada could relax import rules for foreign feed grains, including barley, corn and wheat, in 1995-9
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
GOP SENATORS SEEK FAST ACTION ON AMTRAK AUTHORIZATION BILL
Stephanie Nall |
A day after a key House transportation leader declared that Amtrak is dead, several Republican senat
EXPRESS ONE INTERNATIONAL HOPES TO RESUME FLYING THIS WEEK
Journal of Commerce Staff |
Express One International, a Dallas passenger and cargo charter carrier, said it hopes to resume fly
APEC NATIONS PLEDGE TO ENCOURAGE PRIVATE-SECTOR TRANSPORT FUNDING
WILLIAM DiBENEDETTO |
Transportation Secretary Federico Pena and a group of Asia-Pacific transportation ministers pledged
ENERGY OUTLOOK - DALE STEFFES LOW RATES OF RETURN, NOT SCARCE CAPITAL, INHIBITING INVESTMENT
Dale Steffes |
Early last month, at the U.S. Energy Association-International Energy Agency's world energy conferen
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 16, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
CHARTER CANCELLATIONS CONVINCED UNION TO REVERSE STANCE ON ALASKA OIL BAN
Tim Shorrock |
In the spring of 1994, the Seafarers International Union received some very bad news. BP Ame
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
FUNDS MAY BE DISBURSED SOON UNDER US-RUSSIAN ENERGY PACT
Richard Lawrence |
The U.S. Export-Import Bank is moving toward disbursing the first funds under a multibillion-dollar
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