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TRADE BRIEFS
Wire and Staff Reports |
NY-NJ TRADE ZONE HIT A RECORD FOR '94NEW YORK - The foreign-trade zone No. 49, which
Maritime
MARITIME CALENDAR
JOC Staff |
The Noble Collection: A Work in Progress. Through spring. Staten Island, N.Y. New exhibition at the
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
TOTE PLANS 3RD SAILING BETWEEN WASH., ALASKASEATTLE - Totem Ocean Trailer Express, w
Maritime
COST OF CREDIT
JOC Staff |
Wednesday, April 26, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRANSPORT BRIEFS
Wire and Staff Reports |
AMTRAK SLAMS CUSTOMS FOR DELAYING TRAINSSEATTLE - Amtrak officials are thinking abou
FRENCH GDP GREW 0.6 PERCENT IN 4TH QUARTER
Knight-Ridder Financial |
France's gross domestic product rose by a real, final 0.6 percent in the fourth quarter of 1994 from
REGIONAL TRADE DEALS NOT A THREAT, WTO SAYS
John Zarocostas |
Regional free-trade agreements do not threaten the stability of the international trading system. No
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
ROCKWELL TAPS BOEING TO MODIFY BOMBERSBoeing Co. has received a $110 million subcontract fro
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
NORTON CLAPP, 89, DIES; EX-WEYERHAEUSER HEADSEATTLE - Former Weyerhaeuser Co. Chairm
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
INSURANCE BRIEFS
Wire and Staff Reports |
FELTRIM NAMES TAKE AGENTS TO COURTLONDON - Yet another court case involving Lloyd's
INFLATION RATE IN SOUTH AFRICA EDGED ABOVE 10 PERCENT IN MARCH
Knight-Ridder Financial |
South Africa's official inflation rate finally ticked up into double digits in March after skirting
PINTAIL DOCKS SHIP TO LOAD NUCLEAR CARGO FOR ITS RETURN
HELEN R. MacLEOD |
The Pacific Pintail, the British-registered ship carrying nuclear waste from France to Japan, docked
Maritime
INSURER PUTS HOUSTON PORT UNDER CLOSE SCRUTINY
Janet Porter |
Houston is acquiring such a poor reputation as a high-risk discharge port that the world's largest i
EUROPEANS REJECT US EMERGENCY FINANCE FUND GLOBAL BAILOUT PLAN GETS NOD OF IMF
Keith M. Rockwell |
Senior European officials flatly rejected a proposal by U.S. Treasury Secretary Robert Rubin to esta
TRADE BRIEFS
Wire and Staff Reports |
US, JAPAN TO EXTEND CAR TALKS AN EXTRA DAYTOKYO - Another round in the troubled Japa
Maritime
PLUNGING SUPPLIES, SOARING DEMAND NOT EXPECTED TO "GALVANIZE' ZINC PRICE PRESSURES SEEN MINIMAL
Gary Rosenberger |
Despite a dizzying plunge in world zinc supplies and expectations of record demand, analysts believe
NAMES GROUP: LLOYD'S LOSSES FOR '92 MAY HIT $2.72 BILLION
Liz Shuker |
Losses for the 1992 underwriting year at Lloyd's of London may be as little as UK150 million ($240 m
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
FIRM TO ORGANIZE RUSSIA'S CHAOTIC CAPITAL MARKET
Sergey Bazhenov |
The Bank of New York has become the principal shareholder in a joint-venture firm whose business is
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Apr. 26, 1995 Prevailing sellers' posted prices at the close of business, represen
BRUSSELS PROBING PULP PRICE HIKES FOR COLLUSION
Journal of Commerce Staff |
The European Commission said Wednesday it is investigating 40 pulp and paper producers in seven Euro
ILLINOIS CENTRAL OFFERS SHORT-TERM NOTES
Journal of Commerce Staff |
Illinois Central Corp. and its Illinois Central Railroad Co. subsidiary Tuesday announced a public o
CHINESE MISSIONS HEAD FOR AFRICA
Special to The Journal of Commerce |
China is taking its business to Africa, sending top government officials and trade missions to capit
Maritime
DIPLOMAT WHO HELPED USHER IN WTO RETIRES
Clare Nullis |
Peter Sutherland, a fast-talking Irish lawyer who coaxed and bullied world leaders into history's bi
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 26, 1995Brent Crude Oil - (Dollars Per Barrel)
FOREIGN CREWS CALLED VITAL TO US MARITIME INDUSTRY
Alan Abrams |
To survive as a maritime nation, the United States must consider radical changes, including allowing
Maritime
COTTON DEMAND CONTINUES STRONG
Knight-Ridder Financial |
U.S. cotton data released Wednesday show that recent historically strong demand continued in March,
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
COLOMBIAN COFFEE OFFICIAL FEARS A LOW HARVESTBOGOTA, Colombia - If the 1994-95 coffee crop a
S&P, MOODY'S REACT NEGATIVELY TO LINCOLN'S PURCHASE OF LAURENTIAN
Wire Reports |
Standard & Poor's Corp. and Moody's Investors Service reacted negatively to Lincoln National Corp.'s
BETTER '95 FIGURES WON'T END UNEASE OVER DISASTER LOSSES, EXECUTIVE SAYS
Brian Johns |
Despite a 5 percent hike in the policyholders' surplus to more than $190 billion, the insurance indu
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
CANADIAN-MEXICAN TALKS TO FOCUS ON TRADE, ENERGY AND NAFTA
Leo Ryan |
Bilateral trade, energy investment and projected expansion of the North American Free Trade Agreemen
Maritime
NS OVERCOMES FLAT COAL TRAFFIC TO REGISTER RECORD PROFIT
Rip Watson |
Norfolk Southern Corp., parlaying double-digit growth in merchandise and intermodal traffic, announc
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
IRAQ, RUSSIA SIGN OIL-GAS AGREEMENTBAGHDAD, Iraq - Iraq and Russia have signed a dea
US BEGINS TRADE ACTION ON UPS' MEXICO COMPLAINT
John Maggs |
The Clinton administration began a trade-dispute proceeding against Mexico this week, after complain
ELECTION LOSERS OFFERED REWARDS BY MEBA-NMU, WITNESS SAYS
Tim Shorrock |
After dissidents won a surprising election victory in the officers' division of a U.S. maritime unio
Maritime
MONGOLIANS ARE BETTING THEIR HERDS ON CHEESE AS WAY TO MAKE PROFIT
Irja Halasz |
Mongolia's nomadic cattle herders say churning yak milk into Western-style cheese may be the solutio
Maritime
WORLD BANK GRANTS RUSSIA OIL SPILL CLEANUP LOAN
Reuters |
The World Bank said it approved a $99 million loan for Russia to help combat one of the world's larg
INSIDE TALK - HELEN MACLEOD SEX, LLOYD'S, AND CAMILLAGATE: A TALE OF THE TABLOIDS
Helen MacLeod |
Lloyd's of London took a fair old bashing in the British press over the weekend. In the latest wave
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