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LAWMAKER MAY WIDEN PA. GAMING LEGISLATION
Knight-Ridder Newspapers |
The prime sponsor of a bill that would legalize casino gambling on riverboats in Pennsylvania says h
Maritime
AMERICAN FREIGHTWAYS TO OPEN IN CAROLINAS
Gregory S. Johnson |
Continuing to expand to new states, American Freightways Inc. plans to open at least 11new terminals
INDONESIA NEARS CONTRACTS FOR 7 MAJOR POWER PROJECTS
P.T. Bangsberg |
Contracts should be awarded to private-sector companies before the end of the year for seven Indones
SPOT PRODUCT PRICES
JOC Staff |
Oct. 4, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
FINANCING TRADE - GORDON PLATT EMERGING MARKETS COME BACK STRONGLY TO SHOW 1994 GAINS
Gordon Platt |
The Brazilian stock market is up almost 100 percent this year, while India is up 38 percent and Chil
Maritime
ALASKAN CRUDE PRICES DECLINE FOR OCTOBER
Associated Press |
Prices for delivery of North Slope crude posted an unseasonable decline in October contracts, BP Exp
PUERTO RICAN OFFICIAL TOUTS OFFICE IN MEXICO
John M. Nagel |
Puerto Rico's unique mix of Latin culture and U.S. protectorate status should help its businesses wi
Maritime
TRADE BRIEFS
Wire and Staff Reports |
POLAND EXTENDS BUT LOWERS IMPORT TAXNEW YORK - Poland's economic committee announced
Maritime
NICKEL MAY HIT $8,000 A TON AT LME, UK BROKER SAYS
Knight-Ridder Financial |
Nickel prices are expected to go higher in the coming months, dealers said. The metal's pric
BALTIC FREIGHT INDEX
JOC Staff |
1677 (Oct. 4, 1994) Previous day - 1669 The Baltic International Freight Futures Market in L
Maritime
O'HARA TAKES REINS AS PRESIDENT, CEO OF BERMUDA'S EXEL AS KEVANY RETIRES
Janet Aschkenasy |
Brian O'Hara has assumed the roles of president and chief executive officer of Bermuda-based Exel Lt
FOR LLOYD'S INVESTORS, COURT VICTORY MAY BE LOSS GOODA WALKER COSTS PASSED ON
HELEN MacLEOD |
Lloyd's of London investors, rather than the market itself, are expected to bear the brunt of the Br
MARITIME BRIEFS
From Wire and Staff Reports |
SPILL OFF GREECE TO COST AT LEAST $2 MILLIONATHENS, Greece - An oil spill off the we
Maritime
KEY PACIFIC CONFERENCES TO RAISE RATES BY SPRING
Bill Mongelluzzo |
The two major rate-setting conferences in the trans-Pacific trades willannounce a general ra
TRANSPORT BRIEFS
From Wire and Staff Reports |
C&NW NAMES BITTER CHIEF FINANCIAL OFFICERCHICAGO - F. Gordon Bitter was named senior
BN APPEALS ICC'S RIGHT TO ORDER TARIFF-FILING FOR COAL SHIPMENTS
Lawrence H Kaufman |
Burlington Northern Railroad Co. is challenging the Interstate CommerceCommission's authorit
MANDELA'S CALL FOR INVESTMENT MAY BE IGNORED, OBSERVERS SAY
Milan Ruzicka |
Pledging a "predictable policy and regulatory" climate and an end to exchange controls, South Africa
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Oct. 4, 1994Brent Crude Oil - (Dollars Per Barrel)_
GROUP SAYS EVIDENCE SHOWS CHINA STILL EXPORTING PRISON GOODS TO US
Associated Press |
Materials smuggled out of a Chinese labor camp by a political dissident show China is violating its
Maritime
GERMAN FIRM'S WOES TIED TO ACCOUNTING SNAFU
Tony Mercandetti |
A study by a group of international economists said use of "misleading accounting principles" led to
DESPITE RECESSION JAPAN REMAINS NO. 1 IN INDUSTRIAL ROBOTS, UN SAYS
Knight-Ridder Financial |
Even with the recession slowing the pace of the economy last year, Japan still has the largest popul
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
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Oct. 4, 1994 Quotations are based on prices reported in the market or obtained from su
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
AUSTRALIAN FIRM OFFERS PRECIOUS-METAL PORTFOLIOPERTH, Australia - Australia's Gold C
CATTLE HIDE INDUSTRY RIDES A BULL MARKET
Kevin Pendley |
The cattle hide market is booming. An improvement in world economies, a radical new fashion
FREIGHT RATE FUTURES
JOC Staff |
Oct. 4, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
CHECKS ORDERED ON FERRY BOW DOORS
Janet Porter |
Urgent checks on the bow doors of roll-on, roll-off ships were ordered by several maritime authoriti
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
ZIM LEADER PLANS TO MEET WITH UNIONHAIFA, Israel - Matty Morgenstern, president and
Maritime
STEADY GROWTH FORECAST FOR MARKET IN VIETNAM
Francine Brevetti |
Changes in Vietnam's insurance landscape should lead to an increase in market opportunities for fore
GROUP SEEKS TO CONSTRUCT GLOBAL AIRPORT NEAR SUBIC BAY
P.T. Bangsberg |
A U.S. construction company is part of a group hoping to build a new primary international airport f
TRANSPORT BRIEFS
From Wire and Staff Reports |
UNION, ILLINOIS CENTRAL REACH LABOR AGREEMENTCHICAGO - The Transportation Communicat
HEAVY-BOX ROUTE FOR LA-LONG BEACH SEEN AS BOON TO PORTS
Bill Mongelluzzo |
The neighboring ports of Los Angeles and Long Beach expect an increase in heavy container shipments
Maritime
2 ONTARIO GRAIN SHIPPERS TAKE RAIL FIGHT TO COURT OF CANADA
Gregory S. Johnson |
Two Ontario grain shippers have taken their fight for rail service to Canada's Federal Court of Cana
NO WALL, NO PROBLEM: EASTERN GERMANY LURES US
Miriam Widman |
Four years after German unification, U.S. companies are among the leading foreign investors in the f
CONTINUED OUTSIDE LOANS HOPED FOR CHINESE AVIATION
P.T. Bangsberg |
Government loans, particularly from Japan, and commercial borrowings overseas are the likely underpi
COST OF CREDIT
JOC Staff |
Monday, Oct. 3, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
HUGE NEW RAIL PROJECT CONSIDERED FOR NY, NJ
William Armbruster |
The Port Authority of New York & New Jersey, together with five state and local agencies, is conside
TRUCKERS TO SEEK GOVERNMENT HELP AS RAIL RATES RISE
Rip Watson |
Motor carriers, socked by rail rate increases aimed at forcing them to turn around the railroads' tr
TRADE BRIEFS
Wire and Staff Reports |
DANNY GLOVER, OTHERS INVEST IN PEPSI VENTURENEW YORK - Pepsi-Cola International said
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Monday Oct. 3, 1994 Prevailing sellers' posted prices at the close of business, representing
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