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TRADE BRIEFS
Wire and Staff Reports |
RUSSIAN FORECASTS ON INFLATION QUESTIONEDMOSCOW - Russia's inflation rate, which in
Maritime
TRADING WITH CHINA EXPORTERS CAUTIOUSLY ENTER CHINA'S HUGE MARKET
Maria Carlino |
With the world's largest population, rich natural resources and low labor costs, China has been tout
Maritime
JET DELIVERIES FALTERED IN '94, BOEING SAYS
Knight-Ridder Newspapers |
Boeing delivered fewer jetliners in 1994 than in any year since 1987, according to figures released
MGM GRAND INC. SELLS MONEY-LOSING AIRLINE
Reuters |
MGM Grand Inc., the hotel and gaming empire of Las Vegas mogul Kirk Kerkorian, said Tuesday it sold
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
HOUSTON INDUSTRIES ENERGIZED BY PURCHASE OF ARGENTINE UTILITY
Charles Boisseau |
Houston Industries continues to get charged up over electric power in South America. Earlier
US OFFICIAL SAYS NAFTA WON'T FALL WITH PESO
Wire and Staff Reports |
The North American Free Trade Agreement is not in jeopardy of unraveling as a result of the financia
TERMINAL'S EXTENDED HOURS DRAW GOOD REVIEWS AT BALTIMORE PORT
Tim Shorrock |
A recent agreement allowing traffic to flow through Baltimore's Seagirt Marine Terminal during a 17-
MILWAUKEE LONGSHOREMEN GET CONTRACT EXTENSION
Paul F. Conley |
Longshoremen at the Port of Milwaukee have won a 15-day extension of their contract with Meehan Seaw
Maritime
SOUTH KOREAN TRADE DEFICIT WIDENED IN '94
Yeom Yoon-Jeong |
Sharply increased capital goods imports dealt a heavy blow to South Korea's trade deficit in 1994.
Maritime
CROP PLAN SELF-DEFEATING, FARMERS IN IDAHO SAY
Associated Press |
Southeastern Idaho farmers and ranchers are pleading for relief from a federal insurance program the
FROM DAY ONE, HOUSE GOP LOOKS TO WIELD ICC AX
William L. Roberts |
As Congress convened Wednesday under Republican control for the first time in 40 years, House Republ
UPS RAISES THE STAKES WITH PLAN TO BUY SONICAIR
William Armbruster |
United Parcel Service upped the ante Wednesday in its battle for dominance in the express delivery b
RUSSIA TO REPAY DEBT WITH ALUMINUM
Knight-Ridder Financial |
Russia will repay overdue South Korean loans with aluminum delivered to the government and private i
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
RESEARCHERS BEGIN WORK AT ROCHE PLANT IN SCFLORENCE, S.C. - Roche Carolina's new pha
DELAYS IN PROJECT FORCE ALCAN TO RENEGE ON B.C. HYDRO DEAL
Darcy Keith |
Canada's Alcan Aluminum Ltd. will not be able to fulfill the terms of a new 20-year power supply con
PEOPLE - COMMODITIES
Wire and Staff Reports |
NATIONAL STARCH AND CHEMICAL CO. (Bridgewater, N.J.) - H. Walter Moeller was named senior divisional
SPOT PRODUCT PRICES
JOC Staff |
Jan. 4, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
US AND RUSSIA OFFER SERVICE FOR NAVIGATION
Journal of Commerce Staff |
The U.S. Coast Guard and its Russian counterpart have combined resources to provide long-range navig
Maritime
PENNSYLVANIA POLICE SEARCH FOR ESCAPED STOWAWAY FLIGHT SEEN AS ACT OF DESPERATION
Michael S. Lelyveld |
Pennsylvania State Police have mounted a manhunt for a Romanian stowaway whocut a hole in a
Maritime
MOST GERMAN SECTORS EXPECT SALES, OUTPUT RISE
Knight-Ridder Financial |
Most of Germany's economic sectors expect production and sales to increase in 1995 and are in genera
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
ECONOMIC REFORMER BUILDS PARTY IN NEW ZEALAND
Reuters |
Roger Douglas, who set New Zealand's economy free in the 1980s to international acclaim, is poised t
Maritime
PORT OF ANTWERP SETS CARGO RECORD
Journal of Commerce Staff |
The Port of Antwerp handled a record 109.4 million tons of cargo in 1994, a 7.4 percent increase ove
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
FIRE BURNS DOCK, BOATS IN MEXICO, PAPER SAYSCAMPECHE, Mexico - A fire on a dock here burned
Maritime
MALAYSIA ADDS FORMS FOR IMPORTS TO PAPERLESS SYSTEM AT MAIN PORT
P.T. Bangsberg |
Another milestone in Malaysia's march toward paperless trade documentation was reached this week whe
Maritime
PEOPLE - INSURANCE
Wire and Staff Reports |
ALLSTATE CORP. (Northbrook, Ill.) - Jerry D. Choate, chief executive officer, also becomeschairman o
LEGISLATIVE ACTION TAKES DAY OFF AS REPUBLICANS RECLAIM SENATE
Stephanie Nall |
Republicans Wednesday reclaimed control of the Senate, but the chamber's first day revolved around o
UKRAINE SPEEDS INTRODUCTION OF HRIVNIA
Associated Press |
Ukraine's new currency will be put into circulation sooner than planned to try to help stabilize the
DANUBE CARRIERS LOSING MONEY AS BALKAN WAR SQUEEZES BUSINESS
Michele Kayal |
Dimitrin Spassow flips through a five-inch thick loose-leaf file and finally flashes an invoice from
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
AMERICAN EAGLE RESUMES CHICAGO RUNSCHICAGO - American Eagle Airlines resumed flights
RUSSIA WARNED: CURB EROSION OR RISK JUMP IN GRAIN IMPORTS
Knight-Ridder Financial |
Russia's failure to implement a federal program to combat soil erosion may lead to a sharp increase
GRAIN, SOYBEAN EXPORT DESTINATIONS
U.S. Agriculture Department; Joe Yeninas / Journal of Commerce |
No text.
SPOT NATURAL GAS PRICES
JOC Staff |
NATURAL GAS CLEARINGHOUSE Natural Gas Clearinghouse - Posted prices for Jan. 1995 (see Note
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Jan. 4, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Jan. 3, 1995 Prev. Life of Contr. OpenOpen High L
HUNGARY SEES 2 PERCENT GDP GROWTH BY '97
Knight-Ridder Financial |
The Hungarian government's three-year economic policy guidelines forecast a growth rate in the count
AIG CHOOSES 2 DIRECTORS FOR 20TH CENTURY
From Wire Reports |
Robert M. Sandler and Howard I. Smith, both executives of American International Group, were named t
US, JAPAN WANT TO END CAR TALKS SOON, BROWN SAYS
Gregory Wright |
U.S. Commerce Secretary Ron Brown said Wednesday that U.S. and Japanese negotiators want talks aimed
PHILA. STEVEDORE COMPANY TO KEEP ITS CONTRACT TO HANDLE CHILEAN FRUIT
Journal of Commerce Staff |
Independent Pier Co. is back in business. Last week, the stevedoring company was seemingly o
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