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US BAN ON CASH EXPECTED TO HAVE BIG IMPACT IN CUBA
Carol Morello |
What embargo? Any Cuban can readily pick up an Oster juicer, or a Black and Decker toaster,
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
CHINA GETS HEFTY PRICE FOR TUNGSTEN, ANTIMONY
Reuters |
China is demanding sky-high prices for tungsten and antimony, two of the main ingredients in arms pr
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 24, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ACCIDENT SHUTS DOWN PART OF ITALIAN PLANTLONDON - A petrochemical plant at Priolo in
AD CRITICIZED BY SINGAPORE PREMIER IS PULLED
Reuters |
An advertising agency has withdrawn a Singapore print advertisement after it was slammed by Prime Mi
Maritime
AUSTRALIA MOTORISTS' GROUP TO ISSUE SHARES FREE TO MEMBER-OWNERS
Reuters |
Australia's largest general insurer and motorists organization, NRMA Holdings Ltd, unveiled plans We
TANKERS TO INCUR EXTRA COSTS AT LA-LONG BEACH HARBOR
Bill Mongelluzzo |
The cost of moving some oil tankers into and out of Los Angeles-Long Beach harbor will go up Saturda
Maritime
US SKIES GROW CROWDED WITH START-UP AIRLINES
Ted Reed |
Thirty-five airlines have started to fly since 1992. Nineteen more are in line, hoping to fly soon.<
COST OF CREDIT
JOC Staff |
Wednesday, Aug. 24, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
THE ECONOMY
Census Bureau; Knight-Ridder Tribune |
Percent change in orders for goods expected to last three or more years, seasonally adjusted.
QUOTE TO NOTE ON U.S. ROLE IN WORLD TRADE:
_ Peter D. Sutherland Director General of GATT Speaking in an |
"What is needed above all is the leadership of the United States in giving credibility to a global s
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 24, 1994 Prevailing sellers' posted prices at the close of business, represen
ENERGY BRIEFS
Wire and Staff Reports |
FLOODS HALT PRODUCTION AT CHINESE OIL FIELDSHENYANG, China - Officials in northeaste
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
FLORIDA PROBES SUSPECTED HURRICANE PRICE FIXING
Associated Press |
The state is investigating 450 Florida insurers to determine if they've been fixing prices for hurri
AUSTRALIA'S QNI TO BUILD TOWNSVILLE PORT FACILITY
Knight-Ridder Financial |
Queensland Nickel Pty Ltd. said it will spend about $47 million Australiandollars (US$34.59
Maritime
EXXON VALDEZ JURY TAKES TOUR OF PRINCE WILLIAM SOUND SPILL AREA
Associated Press |
The jury deciding the Exxon lawsuit in federal court got a helicopter tour of Prince William Sound.<
Maritime
PROPOSED DESTROYER CUTS PRESS BATH IRON WORKS YARD TO DIVERSIFY
Associated Press |
The possibility that the Pentagon will reduce the Navy's Aegis destroyer program to make up for a bu
Maritime
JAPAN'S FAIR-TRADE WATCHDOG SEES NO SMUDGES IN FLAT-GLASS INDUSTRY
Bill Clifford |
Despite complaints that Japan's flat-glass industry continues to shut out foreign competition, the c
SOUTH KOREAN GNP CLIMBED 8.1 PERCENT IN QUARTER
Reuters |
South Korea on Wednesday again posted heady quarterly growth figures, showing the economy flourishin
DUTCH PRODUCTION ROSE IN 1ST HALF
Knight-Ridder Financial |
Industrial production in the Netherlands rose by 2 percent in the first half of 1994, compared with
WASH. APPOINTS LIAISON FOR RUSSIA
Tacoma News Tribune |
Washington state and its two largest ports have appointed a new trade representative to Vladivostok,
Maritime
TRANSPORT CALENDAR
JOC Staff |
American Trucking Associations. Aug. 24. "Effective Logistics Management Strategies" seminar. Hyatt
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DOLLAR STEADY DESPITE DROP IN JULY ORDERS FOR DURABLES
MICHAEL DuVALLY |
The U.S. dollar was holding its ground against major currencies Wednesday after the Commerce Departm
FOREIGN FIRMS REVOLT AGAINST NORWAY TAXES
Bruce Barnard |
Norway is involved in psychological warfare with foreign oil companies working its rich North Sea oi
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
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
CHINESE BODY TO COORDINATE STEEL TRADE, TRIM IMPORTS
P.T. Bangsberg |
China has created a national organization to "improve management of steel imports and exports." Offi
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 24, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
SPOT COMMODITIES
JOC Staff |
Aug. 24, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
AMERICAN GENERAL FILES 2ND SUIT TO STOP UNITRIN'S BUYBACK PLAN
From Wire and Staff Reports |
American General Corp. has filed a second lawsuit against Unitrin Inc., seeking an immediate halt to
COMMODITY TRIO PUSHES JOFC INDEX YET HIGHER
Howard Simon |
A trio of commodities - plywood, scrap steel and cotton - is pushing The Journal of Commerce's Indus
SENATORS TRY TO BLEND RAIL SAFETY MEASURES
Stephanie Nall |
Senate transportation leaders are working to combine four separate rail safety measures into one bil
USAIR, LABOR PREPARE FOR CONCESSION TALKS
Lisa Burgess |
Labor and management at USAir are preparing to negotiate the details of a $500 million cut in annual
BELEAGUERED NORTHERN IRELAND MAKES GAINS IN PUSH FOR FOREIGN INVESTORS
Caroline Brothers |
Television shots of gunmen, ruined buildings and car bombs have long tarnished Northern Ireland's im
Maritime
LUMBER OUTPUT FALLS IN WESTERN US
The Register-Guard |
Lumber production at mills in the Western United States fell last year to the lowest level since rec
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 228.91 up 0.42 wh
BALTIC FREIGHT INDEX
JOC Staff |
1494 (Aug. 24, 1994) Previous day - 1503 The Baltic International Freight Futures Market in
Maritime
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