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DOLLAR DROPS VS. MARK, HOLDS FIRM AGAINST YEN
Jon E. Hilsenrath |
The U.S. dollar declined against the deutsche mark Tuesday but was little changed against the Japane
CANADIAN IMPORTERS OF ITALIAN PASTA WEIGH ACTION AGAINST BOARD'S BAN
Leo Ryan |
Canadian importers of Italian pasta are considering legal action after the Canadian Wheat Board last
Maritime
AIR CARGO ANALYST EXPECTS VOLUME TO SOAR
William Armbruster |
Global economic integration will spur rapid growth in the worldwide air cargo industry for at least
TOYOTA SENDS FIRST EXPORTS OF AVALON SEDANS TO JAPAN
Bill Mongelluzzo |
In another "coals to Newcastle" success story for Toyota Motor Co., the large Japanese auto manufact
Maritime
CHINA'S GASOLINE SHACKS FOLD AS BRANDS MOVE IN
Reuters |
Just a year ago, anyone in China with just a few barrels of gasoline and a pump could set up shop an
OIL PRICES UNLIKELY TO TAKE HIT FROM US BAN ON IRAN TRADE
Knight-Ridder Financial |
President Clinton's executive order banning U.S. companies from trade with Iran is unlikely to have
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
PEOPLE - CHEMICALS
Wire and Staff Reports |
PQ CORP. (Valley Forge, Pa.) - Neal E. Murphy was named corporate vice president and chieffinancial
SPOT COMMODITIES
JOC Staff |
May 2, 1995 Included are list prices of suppliers. Quotations do not necessarily represent p
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
BANKS TO FUND UPGRADE ON UZBEKISTAN REFINERYTASHKENT, Uzbekistan - The Export-Import
CHEMICAL FIRMS FROM THE UK WILL ATTEND 2 US MEETINGS
Special to The Journal of Commerce |
Twelve British chemical companies will take part in two industry events, the Advanced Technology Tra
DEBATE HEATS UP OVER FUNDING OF NEW JERSEY DREDGING PROJECT
Michael Fabey |
The conflict over the Port of Salem, N.J., is taking some new twists this week, prompting more conce
Maritime
NIGERIA PAYS DEBT OWED BY SHIP LINE
Reuters |
Nigeria paid a $3.6 million debt owed to British creditors by its government shipping line, Nigerian
Maritime
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
GASOLINE PRICES
JOC Staff |
May 2, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Premi
INSURERS' TAB FROM OKLA. BOMB ESTIMATED AT OVER $300 MILLION
From Wire and Staff Reports |
The Independent Insurance Agents of America said Tuesday the Oklahoma City bombing has resulted in m
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
COST OF CREDIT
JOC Staff |
Tuesday, May 2, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FINANCIAL-SERVICES TALKS AT WTO SEEN AT RISK
Richard Lawrence |
A decade-old quest to open foreign markets wider to U.S. banks and otherfinancial services i
Maritime
PLANT ORDERS UP 12 PERCENT IN GERMANY
Knight-Ridder Financial |
German plant and machinery orders rose a real 12 percent on the year in March, lifted by a 17 percen
TRANSPORT BRIEFS
Wire and Staff Reports |
AMTRAK APPLAUDS FREIGHT LINES' SERVICEWASHINGTON - Amtrak officials, who last year t
LA-LONG BEACH TRUCKERS SEEK RAISE, UNION STATUS
Bill Mongelluzzo |
Truck drivers in the Los Angeles-Long Beach harbor complex observed May Day Monday by demonstrating
TWA WILL PHASE OUT L-1011 PLANES THIS YEAR
William Armbruster |
Trans World Airlines will be phasing out its 15 L-1011 widebody planes by the end of this year, said
VIRUS COULD CUT CROP YIELDS IN TURKEY'S CUKOROVA REGION
Knight-Ridder Financial |
Producers in Turkey's southeastern Cukorova region could lose anywhere from 20 percent to 30 percent
ARAB EMIRATES' HINDUJA GROUP DOUBLES INVESTMENT IN INDIA
Associated Press |
The Hinduja Group has doubled its investment in India, to 200 billion rupees ($6.3 billion), the gro
Maritime
DECLINE IN BOEING, PACCAR SALES DRIVES DOWN WASH. EXPORTS
WILLIAM DiBENEDETTO |
Driven by lower export sales of two big manufacturers, Washington state exports dropped 11 percent l
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 2, 1995 Prev. Life of Contr. OpenOpen High Lo
CORRECTION
JOC Staff |
A story appearing on Page 8B on Tuesday, "Crowley Executive To Talk at Luncheon," included the wrong
Maritime
PORTUGUESE OFFICIAL ON THE ROAD TO DRUM UP INVESTORS FROM US
Journal of Commerce Staff |
Portugal is launching a campaign to attract more U.S. business investment. Trade Minister Fe
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
It was 1969 when I first wrote Cuban Premier Fidel Castro requesting an interview. At the ti
ANALYSTS BULLISH ON DRY BULK SHIP MARKET
Janet Porter |
Shipping rates for moving bulk commodities like coal and grain are hitting all-time highs, but some
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
US EXPANDING SUBSIDY FOR CHINA TO BUY WHEATWASHINGTON - China will be able to buy 1
VIETNAM OPENS PIPELINE, LAUNCHES GAS INDUSTRY
Reuters |
Vietnam has opened a pipeline carrying gas ashore from the South China Sea, marking a small first st
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
CALTEX TO INVEST $8 BILLION IN REFINERIES
Knight-Ridder Financial |
Caltex Petroleum Corp., a joint venture between Chevron Corp. and Texaco Inc., is investing more tha
LOW-PRICED IMPORTS SEEN PUSHING JAPANESE-GROWN BEEF OFF THE SHELF
Reuters |
A surge in beef imports since Japan deregulated its market is slowing down, but the lower price of f
LATE SPRING WHEAT PLANTINGS SOW FEARS OF LOWER YIELDS
Knight-Ridder Financial |
If U.S. spring wheat plantings continue to run behind schedule, normal summer growing weather likely
CUBANS AT GUANTANAMO TO BE ALLOWED INTO US
Reuters |
The Clinton administration will allow thousands of Cuban refugees held at Guantanamo Bay to migrate
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
INSTITUTE UNABLE TO SET INSURER COST ON LEAD CLAIMS
HELEN R. MacLEOD |
The Insurance Information Institute has defended its refusal to say how much the insurance industry
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