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The latest News & Analysis

QUEBEC BUSINESS, LABOR HIT SHELVING OF POWER PROJECT

Leo Ryan |
Business and labor circles in Quebec have formed a rare united front to protest Premier Jacques Pari

TRADE FAIRS

JOC Staff |
NORTH AMERICA COMNET '95: Leading Communications Into the Global Age. Jan. 23-26. Washington
Maritime

SANTA FE DEFLECTS $3.3 BILLION UP OFFER DOOR REMAINS OPEN FOR SUITORS TO UP THE ANTE

Rip Watson |
The management of Santa Fe Pacific on Tuesday gave a qualified "no" to Union Pacific Corp.'s $3.3 bi

EU PROBES FRANCE'S DELAY IN OPENING ORLY TO COMPETITION

Journal of Commerce Staff |
The European Commission is investigating France's decision to delay opening Paris Orly Airport to co

FEDEX LENDS NAME TO AGENT IN SOUTH AFRICA TO GAIN CLIENTS

Reuters |
Federal Express Corp., in a bid to increase its market share in South Africa, is allowing its local

DUFF & PHELPS CUTS PRUDENTIAL TO "AA'

Journal of Commerce Staff |
Duff & Phelps Credit Rating Co. has lowered its rating on the Prudential Insurance Co. of America. D

BALTIC FREIGHT INDEX

JOC Staff |
1876 (Nov. 22, 1994) Previous day - 1862 The Baltic International Freight Futures Market in
Maritime

DOCK UNION TO PROPOSE ALTERNATIVES TO PERU'S PORT-PRIVATIZATION PLAN

Knight-Ridder Financial |
Port workers will hand over a list of proposals to the government by the end of the month opposing t
Maritime

GASOLINE PRICES

JOC Staff |
Nov. 22, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre

IFC SEES FUNDS FLOWING TO BRAZIL FOR INFRASTRUCTURE

James Bruce |
With private-sector participation, the International Finance Corp. could channel up to $5 billion in
Maritime

FINANCING TRADE - GORDON PLATT US COMPANIES FIND WAYS TO TRIM TAXES IN MEXICAN VENTURES

Gordon Platt |
Many U.S. companies with Mexican ventures shrewdly seize the North American Free Trade Agreement's t
Maritime

FORMER OIL MINISTER TO TAKE CHARGE OF ABU DHABI PETROLEUM COUNCIL

Knight-Ridder Financial |
Yousuf Omeir bin Yousuf, a former oil minister for the United Arab Emirates, was appointed director

MARAD'S HERBERGER FILLS PORTS POST, SOURCES SAY

Tim Sansbury |
Albert Herberger, head of the Maritime Administration, has selected a Marad employee as the agency's
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

US MAY BENEFIT AS RUSSIA, IRAN BICKER OVER ENERGY PROJECTS

Michael S. Lelyveld |
An emerging rivalry between Iran and Russia over a series of multibillion- dollar oil and gas deals

LUFTHANSA RESTARTS INTERMODAL TIE BETWEEN FRANKFURT AND MILAN

Miriam Widman |
Lufthansa German Airlines' cargo division has restarted an intermodal link between Frankfurt and Mil

COMMODITY / CHEMICAL BRIEFS

Wire and Staff Reports |
LILLY RECEIVES STOCK FROM MCKESSON CORP.INDIANAPOLIS - Eli Lilly & Co., which this y

ABANDONED FREIGHTER IN ALABAMA COSTS COAST GUARD NEARLY $300,000

Associated Press |
The U.S. Coast Guard has paid more than $280,000 in dock fees and repair costs for a freighter aband
Maritime

FREIGHT RATE FUTURES

JOC Staff |
Nov. 22, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime

REYNOLDS BUILDS PLANT TO MAKE CANS AS ARGENTINIANS UPGRADE PACKAGING

Paula L. Green |
Reynolds Metals Co. is intent on quenching Argentines' growing thirst for buying soft drinks and bee
Maritime

WORLD TRADE CENTER NETWORK - TRADE LEADS

World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime

DAILY PETROLEUM PRICES.

JOC Staff |
Tuesday Nov. 22, 1994 Prevailing sellers' posted prices at the close of business, representi

RUSSIAN AIRLINES SUSPENDED BY THE SCORE

Associated Press |
The Transportation Ministry has suspended 46 airlines for safety violations this year and stripped a

SHIP GROUP MAY FILE SUIT OVER NAVIERAS RENT CONTRACT

Kevin G. Hall |
Puerto Rico's 39-member shipping association is threatening to take port officials to court for appa

JOURNAL OF COMMERCE - FAST FACTS US TURKEY EXPORTS

National Turkey Federation, Reston, Va. |
No text.

IRELAND'S GPA RETURNS TO PROFIT WITH EARNINGS OF $10.5 MILLION

Reuters |
GPA Group PLC, an aircraft leasing firm, announced a return to profit Tuesday in its latest quarter

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +29.8911/16 110.111/17 110.311

SURVEYS SAY NORWEGIANS WILL VOTE "NO' ON JOINING EU

Rolf Soderlind |
Barring a big surprise, Norway will reject membership of the European Union next week and choose rel

TRANSPORT BRIEFS

Wire and Staff Reports |
CARBON DIOXIDE OFF ICC'S REGULATED LISTWASHINGTON - The Interstate Commerce Commissi

LONDON OIL FUTURES

JOC Staff |
International Petroleum Exchange Nov. 22, 1994Brent Crude Oil - (Dollars Per Barrel)

ASSESSING THE '95 CARS, STATE FARM SAYS BUMPERS AREA MAJOR PROBLEM

Associated Press |
More than 100 new car models qualify for lower insurance rates, but owners of other 1995-model autom

LLOYD'S UNDERWRITERS' LOSS FORECASTS CALLED "STAB IN THE DARK'

HELEN MacLEOD |
A former Lloyd's of London underwriter has admitted in court that calculations of the effect on inve

EXECUTIVE'S DEPARTURE PART OF EFFORT TO RESTORE FAITH IN

Milwaukee Group |
The resignation of Milwaukee Insurance Group Inc.'s chief financial officer - after the company dras

GASOLINE SELLERS HIT INDIANS' TAX BREAK

Reuters |
Oklahoma gasoline dealers are fighting a court ruling that grants a tax exemption on gasoline and di

CHEMICAL PRICES

Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 22, 1994 Quotations are based on prices reported in the market or obtained

GRAIN, SOYBEAN EXPORT DESTINATIONS

U.S. Agriculture Department; Joe Yeninas / Journal of Commerce |
No text.

TRADE BRIEFS

From Wire and Staff Reports |
SIDT, SUPERTEX SHARE FEDERAL DISPLAY FUNDINGNEW YORK - SI Diamond Technology Inc. ha
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

PACIFIC FEES MAY RISE 20 PERCENT FOR N. AMERICA-BOUND CARGO COSTS HAVE RISEN, SHIP LINES SAY

Mark Magnier |
Shipping lines on routes from Asia to the United States agreed at meetings in South Korea early this
Maritime

UKRAINE MISSES PAYMENT TO TURKMENISTAN

Knight-Ridder Financial |
Ukraine failed to make a gas debt payment to Turkmenistan that fell due Sunday, Unian news agency sa
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