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LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 31, 1994Brent Crude Oil - (Dollars Per Barrel)
MARITIME BRIEFS
From Wire and Staff Reports |
REFUGEE-AID EQUIPMENT TO GO THROUGH TEXASBEAUMONT, Texas - Trucks, water trailers an
Maritime
FILIPINO RESCUERS ABANDON HOPE FOR MORE MINE BLAST SURVIVORS
Reuters |
Rescuers on Wednesday abandoned all hope for miners trapped in a gas explosion that killed at least
COLUMBIA GAS REJECTS REORGANIZATION OFFER
Associated Press |
Columbia Gas System Inc. rejected a Philadelphia investment group's offer to acquire and reorganize
METALLGESELLSCHAFT SELLS COPPER UNIT
From Wire Reports |
Investors bought 50.1 percent of copper producer Metall Mining Corp. in a sale that should raise $45
IN THE AFTERMATH OF FATALITIES, ENGINEERS FIND IT DIFFICULT TO COPE
Associated Press |
Engineer Larry DuBoise keeps his left hand near the emergency brake as he scans the tracks for peopl
PANAMA SET TO INAUGURATE PRESIDENT
David Luhnow |
Businessman Ernesto Perez Balladares is set to be inaugurated today as president of Panama in an une
TVA ORDERED TO PAY BACK WAGES
Associated Press |
The Tennessee Valley Authority has been ordered by the U.S. Department of Labor to pay 2,600 members
TRADE BRIEFS
Wire and Staff Reports |
COURT SIDES WITH FUJITSU IN CHIP-PATENT DISPUTETOKYO - In a case that could affect m
Maritime
APRIL CRASH PUMMELS PROFITS AT CHINA AIRLINES
Dennis Engbarth |
The crash of an Airbus A300 in Japan last April led to lower profit at China Airlines in the first h
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DOLLAR EDGES HIGHER AHEAD OF BUNDESBANK MEETING
Michael Duvally |
The U.S. dollar rose slightly Wednesday in cautious trading ahead of the Bundesbank's council meetin
RUBLE DROPS TO RECORD LOW VS. DOLLAR AFTER ROUGH 2 WEEKS
Reuters |
The ruble dropped by 2 percent against the dollar to a record low Wednesday afterapparently defying
MODESTO UTILITY OFFERS USERS A WAY TO SAVE 29 CENTS
Modesto Bee |
For utility companies, getting people comfortable with the idea of having their bill automatically d
ARGENTINA ENCOURAGES FIRMS TO BOOST EXPORTS TO US FINANCING PROGRAMS BEING DEVELOPED
Paula L. Green |
Mono Azul SA has successfully cracked the competitive U.S. food market and sells more than $6 millio
Maritime
GERMAN POSTAL COMPANY FACES DIRECT-MAIL COMPETITION
Stephen Harris |
Germany's state postal company, Postdienst, will lose its monopoly on direct mail campaigns on Jan.
Maritime
RUSSIAN SUGAR OUTPUT FORECAST LOWER FOR '94
Knight-Ridder Financial |
Russia will at best produce 2.1 million tons of sugar in 1994, down from 2.5 million in 1993, Sergei
TRANSPORT BRIEFS
From Wire and Staff Reports |
FORMER PAN AM WORKERS SUE DELTA AIR LINESMIAMI - A group representing 1,863 former f
CONOCO BEGINS TO PUMP OIL FROM RUSSIAN BLOCK
Geoff Winestock |
Conoco Inc. said Wednesday that it has begun to export oil from its PolarLights joint ventur
UNDERWRITERS TO HONOR STATE GROUPS
Journal of Commerce Staff |
Seven state and 13 local life underwriter associations across the country received the National Asso
NEW STEAMSHIP AGENCY PLANS GULF OF MEXICO OPERATIONS
Journal of Commerce Staff |
A new steamship agency, Nautilus Maritime, is establishing operations in the Gulf of Mexico area.
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
PIPE MAKER PURCHASES HOUSTON DISTRIBUTORNEW YORK - Consolidated Stainless Inc. has b
DISMISSED LEADERS OF NIGERIAN UNIONS RETURN TO COURT
From Wire Services |
Leaders of Nigeria's oil unions, fired by military ruler General Sani Abacha in a crackdown on their
QUOTE TO NOTE ZEDILLO ON HIMSELF:
Mexican President-elect Ernesto Zedillo Ponce de Leon. |
Speaking as presidential candidate during the election campaign, 8/21/94. "I am a man of my
Maritime
CP RAIL SHAPING CN OFFER, PRIORITIZING COMPETITION
Leo Ryan |
The offer currently being prepared by CP Rail System for the eastern network of state-owned CN North
DELTA TO CUT COSTS USING CHEAPER CUPS
Reuters |
Delta Air Lines is counting its pennies. The carrier, in the midst of a massive cost-cutting
VA. TRANSPORT SECRETARY WANTS TO SEE STATE REGAIN AIR CARGO
Lisa Burgess |
Washington Dulles International Airport is one of the fastest-growing cargo gateways inthe world, bu
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX * Annual Smoothed percent +19.178/25 106.48/26 106.68/
WESTINGHOUSE, GE CREATE CHINESE UTILITY VENTURES
Reuters |
Westinghouse Electric Corp. and General Electric Corp. said Wednesday that they formed separate join
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
GRAIN EXPORTERS BULLISH AS WHEAT SALES PICK UP
Howard Simon |
U.S. grain exporters are expanding wheat sales, anticipating increased marketing of thespring crop a
FACT-FINDING BOARD TO STUDY DISPUTE BETWEEN SOO LINE, UNION
Lawrence H Kaufman |
Three veteran labor mediators were named late Tuesday to the presidential fact-finding board that wi
MORE BANKS OPTING FOR P/C COVERAGE TO BOOST BOTTOM LINE INSURANCE LINK SEEN AS A NATURAL
Margo D. Beller |
Banks that have emphasized sales of life insurance and annuity products are increasingly turning to
ATTORNEY CHARGED WITH UNION BRIBERY
Tim Shorrock |
A Philadelphia attorney was charged with bribing an official of a national maritime union who in tur
Maritime
AGRICULTURAL TRADELEADS
Supplied by the U.S. Dept. of Agriculture |
Trade leads are supplied by: US Department of AgricultureForeign Agricultural Service
Maritime
BULK CARRIERS GET REDESIGNED FOR SAFETY INCIDENTS FALL OFF, BUT NO VICTORY YET
Tim Shorrock |
The bulk shipping industry, aided by vessel classification societies, has been making design and equ
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
TRADING WITH TANZANIA CENTER TO HELP SMALLER FIRMS FROM US GET A FOOT IN DOOR
K. Buck Wolf |
Small and midsized U.S. companies will receive assistance to establish markets in Tanzania from a ne
Maritime
BILSPEDITION SELLS OVER 84 PERCENT OF ACL AS IT EXITS OCEAN CARRIER BUSINESS
Peter M. Tirschwell |
Successfully spinning off one of its largest remaining shipping assets, Sweden's Bilspedition Group
Maritime
REINSURANCE BUSINESS UP, BUT NET INCOME SLIDES
Janet Aschkenasy |
American reinsurers surveyed by the Reinsurance Association of America earned less money on a larger
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