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WILMINGTON GETS THE NOD TO USE COLD TREATMENT FOR FRUIT IMPORTS
Journal of Commerce Staff |
Wilmington will become the first Southeastern seaport permitted to use the cold treatment of importe
Maritime
INSURER'S FAILURE HANDS COORS EMPLOYEES A LOSS
Associated Press |
Coors Brewing Co. employees who had contributed to a company retirement plan will come up short with
INSURANCE BRIEFS
From Wire and Staff Reports |
MOODY'S CUTS RATING OF XEROX LIFE UNITNEW YORK - Moody's has downgraded the insuranc
INSURANCE COMPANY MUST PAY, IDAHO'S SUPREME COURT SAYS
Associated Press |
Continental Casualty Co. must pay a $746,592 judgment to the state in a dispute over insurance cover
AMERICAN PRESIDENT COS. CREATES MANAGEMENT COUNCIL
Journal of Commerce Staff |
American President Cos. has created a five-person management council in which the company's top offi
Maritime
NUCLEAR ELECTRIC PLC PONDERS NAME CHANGE
Reuters |
Britain's nuclear power generator Nuclear Electric PLC is thinking of shedding the "Nuclear" from it
REBEL PROVINCE IN MOLDOVA ISSUES CURRENCY
Knight-Ridder Financial |
Moldova's breakaway Transdniester province began introducing its own currency Monday to replace the
NIGERIAN LABOR AIDE, UNIONS CONTINUE TALKS
Knight-Ridder Financial |
Nigerian Labor Minister Samuel Ogbemudia said Monday he was talking with members of general oil work
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 22, 1994 Quotations are based on prices reported in the market or obtained from s
LITHUANIA, RUSSIA SEEK TO IRON OUT PORT DISPUTE
Geoff Winestock |
Lithuania will meet with Russia to end a dispute over rail transit fees that Russia claims are choki
BALTIC FREIGHT INDEX
JOC Staff |
1506 (Aug. 22, 1994) Previous day - 1510 The Baltic International Freight Futures Market in
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Aug. 22, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
US MOVE FAILS TO QUELL FLOW OF CUBAN REFUGEES
From Wire Reports |
Defense Secretary William Perry headed for southern Florida Monday to observe the exodus of Cubans a
Maritime
KIRBY CITES LOSSES, PULLS PLUG ON MEMPHIS-CENTRAL AMERICA
Journal of Commerce Staff |
Kirby Corp. said Monday it will discontinue its fledgling containership service between the Port of
Maritime
SPOT COMMODITIES
JOC Staff |
Aug. 22, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
BRITISH SHIPOWNERS SEEK TAX BREAK
Journal of Commerce Staff |
British shipowners are urging the chancellor of the exchequer to grant more tax concessions to the i
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
TWO FERRIES COLLIDE AT SUEZ; NO INJURIESLONDON - The 3,960-gross tonnage roll-on, ro
Maritime
CORRECTION
JOC Staff |
A report that appeared on Page 2B on Aug. 19, "Polar Air Grows by Leaps and Bounds," should have sai
GASOLINE PRICES
JOC Staff |
Aug. 22, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
TEXTILE QUOTAS TO WATCH AS OF AUG. 19, 1994* Country Category Description
Maritime
LAC MINERAL AD URGES REJECTION OF HOSTILE BIDS
Knight-Ridder Newspapers |
Lac Minerals took out full-page newspaper advertisements Monday urging shareholders to reject hostil
CARGO CONSOLIDATOR OPENS HUB IN DUBAI
Journal of Commerce Staff |
Buyers Group, a cargo consolidating company affiliated with Sea-Land Service Inc., has opened a hub
Maritime
GROUP SEES LOSS OF 10,000 JOBS IF ALASKAN OIL BAN IS REPEALED
Tim Shorrock |
Ten thousand U.S. shipyard and seagoing jobs would be lost if Congress repeals a 20-year ban on expo
Maritime
DRIVERS FACE DETOURS AT NEW ORLEANS PORT
Journal of Commerce Staff |
Truckers driving to and from the busy uptown wharves of the Port of New Orleans face detours on seve
Maritime
CRUISE SHIP REGAL EMPRESS STILL DOCKED AFTER FIRE
Alice Cantwell |
The cruise ship Regal Empress remained docked Monday in New York harbor while the city's fire marsha
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
FOR MEXICO, LESS RED TAPE EQUALS MORE FOREIGN INVESTMENT
Kevin G. Hall |
Foreign investment for the first seven months of 1994 is up sharply in Mexico, fueled by what govern
TRADE BRIEFS
Wire and Staff Reports |
OTIS ELEVATOR FORMS 2ND VIETNAM VENTUREOtis Elevator Co., the world's largest maker of eleva
Maritime
NEW ZEALAND MEAT INDUSTRY CONFRONTS HARD TIMES
James Gray |
New Zealand still has 15 times as many sheep as humans but a decade of sharply falling stock numbers
INSURANCE BRIEFS
Wire and Staff Reports |
MOODY'S REVIEWS RATINGS OF CONTINENTAL UNITSNEW YORK - Moody's Investors Service has
ENERGY BRIEFS
Wire and Staff Reports |
HYDROELECTRIC PLANTS PASS MARK ON MISSOURIOMAHA, Neb. - The Missouri River's six mai
COST OF CREDIT
JOC Staff |
Monday, Aug. 22, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ENERGY BRIEFS
Wire and Staff Reports |
KENETECH SETTLES DISPUTE WITH UTILITYNEW YORK - Kenetech Corp. and Pacific Gas and E
END OF CONTROLS MAY BOOST BANK NEGARA'S GLOBAL IMAGE
Valerie Lee |
Bank Negara's recent dismantling of 8-month-old capital controls that soured investor sentiment in M
RUSSIA, GERMANY MOVE TO HALT TRANSPORT OF NUCLEAR MATERIAL
Knight-Ridder Financial |
Russia and Germany have agreed on bilateral measures to prevent the illegal transportation of hazard
APEC LIKELY TO TAKE STEPS TO LIBERALIZE TRADE LINKS
John Owen-Davies |
Proposals for liberalizing trade and investment have been made to members of a regional economic gro
RUSSIAN BANK CUTS ITS REFINANCING RATE
JOC Staff |
Russia's central bank said Monday it was cutting its three-month refinancing rate, to 130 percent fr
DOLLAR SLIDES AS NEGATIVE SENTIMENT FUELS SALES
MICHAEL DuVALLY |
The U.S. dollar moved lower again vs. major currencies, especially the deutsche mark, in a quiet sel
NEC PLANS GIANT PLANT TO MEET CHIP DEMAND
Yuko Inoue |
Strong global personal computer sales and prospects of surging demand for semiconductors have led Ja
Maritime
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