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STRIKE PARALYZES PORTUGUESE RAILS
Associated Press |
International and express inter-city trains were idle Monday as rail workers began a scheduled five-
LYKES PRESIDENT MCCORMICK IS REPLACED BY RANKIN
Peter M. Tirschwell |
A shake-up that has brought down several senior executives at Lykes Bros. Steamship Co. over the las
LONG BEACH BUSINESSES AIM TO BOOST AIR SERVICES
Bill Mongelluzzo |
Making amends for their negligence in the past, Long Beach business interests have formulated a mark
NIPPON CARGO ASSUMES MARKETING FOR ANA
William Armbruster |
Nippon Cargo Airlines will take over cargo sales and marketing for All Nippon Airways' flights from
PEOPLE - TRANSPORT
Wire and Staff Reports |
AKRON BARBERTON CLUSTER RAILWAY (Akron, Ohio) - William E. Frey was named president of this new term
RESILIENT NORTHWEST MAKES STARTLING COMEBACK
Ted Reed |
A year ago, the prognosis was dire for Northwest Airlines. The carrier had lost $2.1 billion
STRIKE ENTERS DAY 20
Lawrence H Kaufman |
The strike by 1,100 members of the United Transportation Union against the Soo Line Railroad unit of
TUG RESCUES 132 FROM FIRE CAPTAIN SAYS, "I'M NO HERO'
WILLIAM DiBENEDETTO |
The fish processing factory ship All Alaskan was a smoky fireworks display - exploding oil drums, pr
GOVERNMENT REPORT SHOWS AUSTRALIA INVESTING BOOM
Bradley Perrett |
Australia is experiencing a hidden investment boom that is not showing up in gloomy gross domestic p
DELAYS ON SOO HAVE SHIPPERS SCRAMBLING
Gregory S. Johnson |
The 3-week-old strike on the Soo Line is causing massive delays from Canada to Mexico, leading to ex
VIETNAM PLANS LUXURY TRAIN TO ATTRACT FOREIGN TOURISTS
Associated Press |
Vietnam Railways plans to upgrade its services to attract more foreign tourists and is negotiating w
TRANSPORT BRIEFS
Wire and Staff Reports |
LA AGENCY, BUS UNION FORGE TENTATIVE DEALLOS ANGELES - Commuters in the Los Angeles
NY INSURER PULLS OUT OF WOODSTOCK CONCERT
From Wire Reports |
Members of Frontier Insurance Group, financial backers for a planned 25th anniversary Woodstock conc
EUROPEAN BANKS' CREDIT QUALITY SEEN COMING UNDER PRESSURE
Knight-Ridder Financial |
The credit quality of many European banks is likely to come under stress in the next few years and s
UK EXPORT BOOM LED MAINLY BY FALL IN POUND, BANK SAYS
Keith M. Rockwell |
Britain's surging export performance in recent years is largely the result of the sharp fall of the
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Aug. 1, 1994Brent Crude Oil - (Dollars Per Barrel)_
ENERGY BRIEFS
Wire and Staff Reports |
BP EXPECTED TO REPORT 2ND-QUARTER PROFITLONDON - The British Petroleum Co. is expect
GASOLINE PRICES
JOC Staff |
Aug. 1, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Aug. 1, 1994 Prev. Life of Contr. OpenOpen High L
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Aug. 1, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +16.187/26 104.97/27 104.57/28
COST OF CREDIT
JOC Staff |
Monday, Aug. 1, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
ASIA'S RELIANCE ON MIDEAST OIL AT A HIGH
Kim Coghill |
Four years after Iraqi tanks invaded Kuwait and sent oil prices soaring, Asian economies are more de
EMIRATES, CHASE BANK SIGN OFFSET BUSINESS DEAL
Knight-Ridder Financial |
The United Arab Emirates and Chase Manhattan Bank signed a deal on offset business that will involve
DOLLAR DOWN ON US THREAT OF SANCTIONS AGAINST JAPAN
Regina Schleger |
The U.S. dollar moved lower again vs. major currencies midday Monday on continuing negative sentimen
JOBLESS RATE FALLS 0.1 PERCENT IN FRANCE
Knight-Ridder Financial |
France's unemployment rate in June stood at a seasonally adjusted 12.6 percent, compared to a unrevi
HOPES OF A VIETNAMESE BONANZA RETURN AS PROSPECTORS FIND OIL, GAS DEPOSITS
Reuters |
Western and Asian oil prospectors in the rough seas off southeastern Vietnam are again hopeful.<
CANADIAN BUSINESS HITS DRAFT OF US GATT BILL
Leo Ryan |
Canadian business circles are taking aim at what they say are "restrictive" elements in a draft of t
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Aug. 1, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
WHITE HOUSE ANNOUNCES CANADIAN WHEAT ACCORD
John Maggs |
The Clinton administration Monday announced a "preliminary" deal settling a long-running wheat trade
Maritime
JAPAN, EUROPE BANKS EXPECTED TO LEND $193 MILLION TO CHINA
Associated Press |
A syndicate of 11 Japanese and European banks will extend a $193 million loan to China to help finan
Maritime
HONG KONG GROUP PLANS TO BUILD SOUTH CHINA'S LARGEST REFINERY
Knight-Ridder Financial |
A Hong Kong consortium plans to work with three Southern Chinese provincial governments to build Sou
COAL TERMINAL REPORT
JOC Staff |
Aug. 1, 1994 This table shows the vessels scheduled to call at U.S. coal terminals and the e
ENERGY BRIEFS
Wire and Staff Reports |
SHELL UNIT TO EXPLORE FOR OIL IN TRANSYLVANIABUCHAREST, Romania - A unit of Royal Du
PRESSED BY LABOR, ADMINISTRATION KILLS "FAST TRACK' COMPROMISE
John Maggs |
The Clinton administration rejected a House compromise on renewing President Clinton's special trade
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of July 29, 1994* Country Category Description
Maritime
QUOTE TO NOTE ON CHINA'S COPYRIGHT PROTECTION:
_ Song Jian Chinese State Councilor Speaking in Beijing during |
"Piracy has undermined the authority of the law and tarnished the country's international image."
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
HAITI'S DE FACTO LEADER DECLARES STATE OF SIEGEPORT-AU-PRINCE, Haiti - Haiti's milit
Maritime
TRADE TALK - LEO RYAN ELECTION IN QUEBEC IGNITES CONTROVERSY OVER NAFTA ACCESSION
Leo Ryan |
The early stages of Quebec's crucial election campaign have been marked by a rather astonishing cont
Maritime
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