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DOLLAR REMAINS WEAK DESPITE FED INTERVENTION
From Wire Reports |
Massive intervention by the U.S. Federal Reserve in the currency markets failed to lift the U.S. dol
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 3, 1995 Quotations are based on prices reported in the market or obtained
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 232.94 up 0.23 whi
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
NUMBER OF P&I CLUBS RATED "ABOVE AVERAGE' JUMPS TO 5 MARINE INSURERS STILL CRITICAL OF S&P
Liz Shuker |
The number of protection and indemnity clubs rated as "above average" by Standard & Poor's has incre
MARITIME BRIEFS
Wire and Staff Reports |
MAERSK TO RESUME CALLS AT KOBE MAY 1MADISON, N.J. - Maersk Inc. is scheduled to resume direc
Maritime
ELECTRONIC RECEIPT SYSTEM TO BE READY FOR FALL LAUNCH
Bill Mongelluzzo |
Cotton producers, warehouses, merchants and bankers this fall will begin widespread use of an Electr
Transport, Trade and Regulation News
INDIA'S DEMAND FOR NATURAL GAS EXPECTED TO PACE ASIAN REGION
N. Vasuki Rao |
Growth in demand for natural gas will be stronger in India than in any other country in the Asian re
TECHNOLOGY CALENDAR
JOC Staff |
EDI: Fitting the Pieces Together. April 5-7. Three-day seminar sponsored by Sterling Software Inc.'s
Transport, Trade and Regulation News
CONGRESS FORCES CLINTON TO TOUGHEN STANCE ON IRAN
Michael S. Lelyveld |
Under pressure from Congress, the Clinton administration is moving reluctantly toward tougher trade
CLINTON REAFFIRMS PLEDGE ON GLOBAL AVIATION SIGNALS
Leo Ryan |
President Clinton has reiterated the United States strong commitment to provide Global Positioning S
Transport, Trade and Regulation News
DAILY PETROLEUM PRICES.
JOC Staff |
Monday Apr. 3, 1995 Prevailing sellers' posted prices at the close of business, representing
BANK OF TOKYO AND MITSUBISHI OUTLINE TERMS OF MEGA-MERGER
Fumiko Fujisaki |
Mitsubishi Bank and Bank of Tokyo unveiled terms Monday of their mega-merger to create the world's b
BEST LOWERS "A+' RATING OF PRUDENTIAL TO "A-'
Margo D. Beller |
A.M. Best Co. downgraded Prudential Insurance Co. of America to "A," its third-highest rating, from
AIRBUS OFFICIAL DOUBTS BIG JETS WILL EVER FLY
Associated Press |
The managing director of Airbus Industrie has his doubts about whether sales of a 600-seat double-de
MORE US SEAFARER JOBS BEING LOST TO REFLAGGING
Tim Shorrock |
U.S. maritime unions are losing hundreds of jobs as U.S.-flag ocean carriers register new ships abro
US FLEET FADING INTO THE SUNSET, EXECUTIVES SAY
Tim Shorrock |
Going, going . . . and it may soon be gone. Recent moves by U.S.-flag shipowners to switch t
RARIN' TO GO
Australia-New Zealand Direct Line Photo |
Photo only.
Maritime
DECLINE IN THE DOLLAR'S RESERVE ROLE LEAVES US POLICY-MAKERS UNSHAKEN NO SUCCESSOR SEEN FOR NOW
Keith M. Rockwell |
The pre-eminence of the U.S. dollar as the world's reserve currency, Charles de Gaulle once said, en
TRADE BRIEFS
Wire and Staff Reports |
EU, CANADA DISCUSS END TO FISHING ROWThe European Union and Canada met Monday for fresh talk
Maritime
TRADE BRIEFS
Wire and Staff Reports |
US AND TURKEY SIGN EX-IM FINANCING PACTThe U.S. Export-Import Bank and Turkey's Export Credi
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
GASOLINE PRICES
JOC Staff |
Apr. 3, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
EXECUTIVE SEEKS BAN ON STRIKES AT VANCOUVER
Associated Press |
Employers and labor unions should ensure an improved waterfront labor climate by agreeing to a 10-ye
Maritime
MARK'S STRENGTH SAPS YARDS, SHIPOWNERS IN GERMANY
Stephen Harris |
The strong deutsche mark is driving German liner shipping further into the red, and is compounding t
Maritime
BANK PLANS RECORD LATIN, CARIBBEAN LENDING MEXICO AID SEEN AS BIG FACTOR IN IDB INCREASE
Richard Lawrence |
The Inter-American Development Bank is expected to approve more than $6 billion in financing this ye
WORLD EXPORTS ARE PREDICTED TO REMAIN STRONG IN 1995
John Zarocostas |
Fueled by the recovery in major industrial economies and rapid growth in dynamic developing nations,
Maritime
TRADE LEADS
JOC Staff |
Suppliers of the following items seek importers/distributors. Interested parties are asked to contac
Maritime
PORT OF SACRAMENTO ICY TO SUGGESTION OF CLOSURE
Paul Schnitt |
A staff report suggesting a possible closure of the Port of Sacramento is getting a chilly reception
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
EXPLOSIVES A THEORY IN ROMANIAN AIR CRASHBUCHAREST, Romania - Air accident investiga
FRENCH COURIER SPEEDS TOWARD FAST-TRAIN FREIGHT SERVICE
Tara Patel |
Jet Services, France's largest private courier company, looks set to launch the country's first priv
Transport, Trade and Regulation News
MSAS WINS CONTRACT FROM DISK-DRIVE MAKER
Journal of Commerce Staff |
MSAS Cargo International has been awarded a one-year contract by Maxton Corp., a disk-drive manufact
Transport, Trade and Regulation News
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: U.S. Department of AgricultureForeign Agricultural Service<
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled for the coming months. The Journal of Commerce assumes
Maritime
INSIDE TALK - HELEN MACLEOD AMID DEBATE ON RISKS, THE PACIFIC PINTAIL SAILS INTO A LEGAL FOG
Helen MacLeod |
In the politically correct Western world, it is said that one man's personal freedom ends where anot
PRETAX PROFIT ROSE IN 1994 AT CLARKSON
Journal of Commerce Staff |
Horace Clarkson PLC, the shipbroking and insurance broking group, reported a pretax profit of 3.1 mi
Maritime
EU'S TRANSPORT COMMISSIONER TO PROMOTE SHORT-SEA SHIPPING
Journal of Commerce Staff |
The European Union's Transport Commissioner Neil Kinnock said he soon will present measures to remov
Maritime
MARCH GOES OUT LIKE A LION AS UNION, OVERNITE SPLIT TWO ORGANIZING VOTES
Chris Isidore |
Overnite Transportation Co. and the Teamsters union ended a busy month by splitting twoorganizing vo
OFT-CLOSED NUCLEAR PLANT IN CHINA FACES ANOTHER ROUND OF MAINTENANCE
P.T. Bangsberg |
The trouble-dogged Daya Bay nuclear plant in China faces a lengthy shutdown as maintenance demands a
IN FACE OF OPPOSITION, FRANCE DELAYS DISCUSSION ON HOLLYWOOD FILM LIMITS
Reuters |
The European Commission plan to tighten limits on Hollywood films shown on European television ran i
Maritime
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