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The latest News & Analysis

COMMODITY / ENERGY BRIEFS

JOC Staff |
MILK OUTPUT ROSE 4 PERCENT LAST MONTH, USDA SAYSMilk production in 21 major U.S. dairy state

EXPORT OPPORTUNITIES

Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime

EXPORT OPPORTUNITIES

Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime

EXPORT OPPORTUNITIES

Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime

RUSSIA SPEARHEADS EFFORT TO CAPTURE CHECHNYA PIPELINES

Michael S. Lelyveld |
As Russian forces blast their way into the breakaway republic of Chechnya, experts say that Moscow's

OPEC'S BASKET PRICE DOWN 11 CENTS

Knight-Ridder Financial |
The price of OPEC's basket of seven crudes fell 11 cents to $15.67 a barrel last week, compared with

WORLDWIDE GROWTH EXPECTED TO SPUR HONG KONG EXPORTS

P.T. Bangsberg |
Further expansion of world trade and a pickup in consumer demand should help Hong Kong's export perf
Maritime

COMMODITY / ENERGY BRIEFS

From Wire and Staff Reports |
MEXICO WILL RETAIN PEMEX, OFFICIAL SAYSThe Mexican oil industry will remain under state cont

HIGH-SULFUR FUEL OIL PRICES UP SLIGHTLY IN NORTHWEST EUROPE

Knight-Ridder Financial |
High-sulfur fuel oil prices in northwest Europe increased slightly last week, supported by limited s

RETURN OF COLDER TEMPERATURES TOPS HEATING OIL DEALERS' WISH LIST

Arthur Gottschalk |
If Santa Claus is planning to bring presents to heating oil dealers this Christmas, he'd better get

IMPORT LEADS

JOC Staff |
BUILDING MATERIALS Steel roofing and walling. Contact: BHP Lysaght S.E. Asia Pte. Ltd., 18 B
Maritime

DAILY PETROLEUM PRICES.

JOC Staff |
Monday Dec. 19, 1994 Prevailing sellers' posted prices at the close of business, representin

IT'S SONY-PHILIPS VS. TOSHIBA-PIONEER IN BATTLE FOR VIDEO-DISC SUPREMACY

Reuters |
Japan's Sony Corp. and Philips Electronics NV of the Netherlands unveiled a blueprint last week for
Maritime

SOUTH KOREAN ADVERTISING AGENCIES LOOK OVERSEAS FOR FAMOUS FACES

Lim Yun-Suk |
Seoul advertising agencies are looking overseas for famous faces to use in their advertisements beca
Maritime

US INVESTORS POURING FUNDS INTO PHILIPPINES

Cecilia Quiambao |
After years of stagnation, the Philippines is catching up with its Asian neighbors in garnering U.S.
Maritime

TRADE MISSIONS

JOC Staff |
FROM THE UNITED STATES/CANADA CHINA. Feb. 20-March 1. The U.S. Department of Commerce is spo
Maritime

COFFEE STOCKS INCREASE 20 PERCENT AT BRAZIL CO-OPS

Knight-Ridder Financial |
Coffee stocks at Brazil's farm cooperatives as of Nov. 30 totaled 5.205 million 60-kilogram bags, up

THREE RESIGN FROM BOARD OF ARCON

Knight-Ridder Financial |
Arcon International Resources PLC, which operates the proposed Galmoy zinc- lead mine in County Kilk

TRADE BRIEFS

From Wire and Staff Reports |
NJ EXPORTER JAILED FOR IGNORING COURTNEW YORK - A New Jersey exporter was jailed for
Maritime

CHEMICAL PRICES

Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 19, 1994 Quotations are based on prices reported in the market or obtained

COCOA PRODUCERS TO STUDY WAYS TO LIMIT PRODUCTION

Knight-Ridder Financial |
Delegates at the International Cocoa Organization (ICCO) have wrapped up three days of talks agreein

LICHT REDUCES ITS FORECAST FOR EUROPEAN SUGAR OUTPUT

Knight-Ridder Financial |
German statistician F.O. Licht has revised downward its forecast for 1994-95 European beet sugar pro

SPOT METALS PRICES

JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &

KR-CRB FUTURES INDEXES

JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 232.06 up 1.27 whi

NEW HAVEN RESIDUAL FUELS

JOC Staff |
Dec. 19, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%

GASOLINE PRICES

JOC Staff |
Dec. 19, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre

SPOT PRODUCT PRICES

JOC Staff |
Dec. 19, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f

STUDY: WORST-CASE DISASTER WOULD WIPE OUT TOP INSURERS INDUSTRY CALLED "VULNERABLE'

Margo D. Beller |
Some of the biggest insurance companies in the United States would be wiped out if a $50 billion cat

INSURANCE BRIEFS

From Wire and Staff Reports |
US FUNDS MAY FALL SHORT OF QUAKE COSTSThe cost of damage to public facilities from the Jan.

LAST DAY OF FELTRIM TRIAL FOCUSES ON LMX SPIRAL

HELEN MacLEOD |
A picture of the infamous London market excess insurance, or LMX, spiral emerged in the English High

SPOT COMMODITIES

JOC Staff |
No table today.

PEOPLE - INSURANCE

From Wire and Staff Reports |
THE MANHATTAN GROUP, INC. (New York) - Robert W. Stephens has joined the investment banking firm and

FUTURES TRADING / OPEN INTEREST AND SALES

JOC Staff |
No table today.

LONDON OIL FUTURES

JOC Staff |
No table today.

LINCOLN NATIONAL UK PLANS TO BUY BRITISH COMPETITOR

Journal of Commerce Staff |
A British insurance subsidiary of a U.S. financial services company plans to buy one of its U.K. com

NEW YORK OIL FUTURES

JOC Staff |
No table today.

MD. TITLE AGENTS EASILY RETURN TO BUSINESS AFTER STEALING FUNDS

Associated Press |
Title agents convicted of stealing from their clients can easily return to doing business under thei

OKLA. LEGISLATOR URGES PROBE OF STATE FUND

Associated Press |
A state legislator says an internal investigation is needed to determine if the State Insurance Fund

COOPERATIVES WORK WITH US MARKETERS

Mark Magnier |
A dramatic illustration of the rapid changes in Japan's food market is seen by the response from one

IN A LAND OFTEN COOL TO IMPORTS, TABASCO PROVES ITSELF A HOT ITEM

Mark Magnier |
Although U.S. processed food companies have often lagged in Japan, one red- hot success story has be
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