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PUBLISHER'S NOTEBOOK
Don C. Becker |
Tall, square-jawed Phillip Yeager was 42 years old and the rap on him at Penn Central was that he la
ALEXANDER STEWART DIES AT 68, RETIRED FROM ATLANTIC TOWING
JOC Staff |
Capt. Alexander DeVane Stewart, a retired towing company executive, died Aug. 22 after an extended i
Maritime
WITH DEMAND HIGH AND VIETNAM'S CROP NOT IN, ASIAN COFFEE PRICES RISE
Reuters |
Asian coffee-bean prices are on the boil again as domestic demand in Indonesia heats up, the world s
CANADA STARTS CRACKING DOWN ON ILLEGAL GRAIN SALES TO US
Peter Morton |
The Canadian government has launched a major crackdown on illegal exports of wheat and barley to the
PORTS EXPAND BULK FACILITIES, BEGIN DREDGING PROJECTS PLANS BOOST COMPETITIVENESS
Alice Cantwell |
Several ports are increasing their bulk-handling and other facilities, which will meanmore work for
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
METROPOLITAN STEVEDORE CO. (Los Angeles) - Edward J. Kaveney was named president, chief executive of
Maritime
ELECTRICITY INDUSTRY FACES FRAGMENTATION
Arthur Gottschalk |
Although the electric utility industry is changing rapidly - from an era of complacent monopoly to o
MARITIME BRIEFS
Wire and Staff Reports |
MISSISSIPPI DRAFT TEMPORARILY REDUCEDNEW ORLEANS - The New Orleans Baton Rouge pilot
Maritime
PAKISTAN PUSHES ROAD, RAIL LINKS IN BID TO BE REGIONAL TRADE HUB
N. Vasuki Rao |
Pakistan is striving to become a regional transportation hub and trade center by forging road and ra
TRANSPORT BRIEFS
Wire and Staff Reports |
DEFENSE DEPT. DELAYS FREIGHT CONSOLIDATIONWASHINGTON - The Pentagon has put on hold
INSIDE TALK - LARRY KAUFMAN LABOR, MANAGEMENT START TO SOUND ALIKE AS STRIKES ADD UP
Larry Kaufman |
Who said the following: The Railway Labor Act no longer works. The other side refused to bar
TEAMSTERS CAUCUS SLATES MEETING ON UNION ISSUES
Rip Watson |
Opponents of the Teamsters union president, Ron Carey, will hold a general meeting in Chicago on Sun
FINANCING TRADE - GORDON PLATT VENEZUELAN IMPORTERS SAY CURRENCY RULES ARE HURTING BUSINESS
Gordon Platt |
Importers in Venezuela report that the government's Exchange Control Board is hurting business by no
Maritime
DOLLAR PLUNGES AS MARKET FOCUS SHIFTS TO TRADE TALKS
Michael Duvally |
The U.S. dollar fell sharply Tuesday in a continuation of Friday's slump. Dealers cited seve
FUTURE LEADER OF WTO TO BE TOPIC AT MEETINGS IN LA AND GERMANY
John Zarocostas |
The election of a chief for the World Trade Organization, the new global trade-monitoring body, will
Maritime
INSURERS ALLIANCE PLANS CONFERENCE
Journal of Commerce Staff |
The Alliance of American Insurers will hold its annual underwriting management and technical confere
TRUCKLOAD RATES UP PROFIT IS ANOTHER STORY
Rip Watson |
Truckload motor carriers that have raised rates by up to 5 percent in recent weeks are scrambling to
IF FISH "ENDANGERED,' TENN-TOM WILL BE TOO, OFFICIAL SAYS
David Beasley |
One small fish poses a giant worry for the Tennessee-Tombigbee Waterway. The U.S. Fish and W
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1459 (Sep. 6, 1994) Previous day - 1450 The Baltic International Freight Futures Market in L
Maritime
INSIDE TALK - TIM SANSBURY US-FLAG CARRIERS RETAIN HOPE FOR '94 PASSAGE OF SUBSIDY LEGISLATION
Tim Sansbury |
U.S.-flag carriers gamely are holding on to the possibility that ship- operating subsidy legislation
Maritime
INDIA TO ESTABLISH AGENCY TO REDUCE CHILD LABOR
N. Vasuki Rao |
Intervention from Prime Minister P.V. Narasimha Rao is galvanizing officials into serious action on
Maritime
CALIFORNIA REPORTS A ONE-THIRD DROP IN WORKERS COMPENSATION COSTS
Brian Johns |
Traditionally high medical and legal costs tied to California workers compensation complaints droppe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
SPOT COMMODITIES
JOC Staff |
Sep. 6, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
PORT OF OAKLAND POSTS 12.4 PERCENT INCREASE IN CARGO VOLUME AS OF MID-YEAR
Journal of Commerce Staff |
Strong growth rates in the trans-Pacific and overall international trade have yielded a 12.4 percent
Maritime
GERMAN METALS GROUP TO SEEK MORE CAPITAL
Reuters |
German metals group Metallgesell- schaft AG, which staved off bankruptcy in a 3.4 billion deutsche m
QUOTE TO NOTE ON CRIME:
_ Janell Mullin Chicago Postal Worker Commenting on recent |
"We've got a serious problem, and I don't think midnight basketball is going to cure it."
Maritime
KIKKOMAN FOODS CONSIDERING ESTONIA FOR EUROPEAN EXPANSION
Associated Press |
Soy sauce maker Kikkoman Foods Inc. is examining expansion possibilities in Eastern Europe.
Maritime
4 CARRIERS JOIN TO LINK US WITH MED, ASIA
Peter M. Tirschwell |
Four shipping lines are planning a joint service connecting the United States with the Mediterranean
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 6, 1994 Quotations are based on prices reported in the market or obtained from s
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Sept. 2, 1994.
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 6, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
COAL MINE OVERSIGHT GETS POOR GRADE FROM WATCHDOG
Knight-Ridder Newspapers |
Almost two years have passed since Democrats took over the White House. Since then, significant chan
GASOLINE PRICES
JOC Staff |
Sept. 6, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
MONDALE SAYS US, JAPAN MAKING SOME PROGRESS IN TRADE TALKS
Richard Lawrence |
The United States and Japan are making more progress in talks aimed at opening Japan's insurance mar
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
HOME INSURANCE OFFERS LEAD-PAINT COVERAGENEW YORK - The Home Insurance Cos. unveiled
COST OF CREDIT
JOC Staff |
Monday, Sept. 6, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
ENERGY BRIEFS
Wire and Staff Reports |
SAUDI ARABIA CUTS CRUDE PRICES TO USNEW YORK - Saudi Arabia lowered its crude-oil fo
LARGE DROP IN FUEL OIL PRICES STINGS CHINESE SPECULATORS
Reuters |
A large number of Chinese speculators have been hurt by recent volatility in oil prices, especially
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