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MARSH & MCLENNAN COS. APPOINTS VICE CHAIRMAN
Janet Aschkenasy |
Marsh & McLennan Cos. appointed Philip L. Wroughton vice chairman, a position that has been vacant s
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Aug. 3, 1994 Quotations are based on prices reported in the market or obtained from su
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
PEOPLE - INSURANCE
From Wire and Staff Reports |
ZURICH-AMERICAN INSURANCE GROUP (Schaumburg, Ill.) - Bryan S. Reid III will lead the casualty depart
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
RAINS EXTINGUISH FIRE AT PORGERA MINEPORT MORESBY, Papua New Guinea - Heavy rains ha
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
GENERATOR PROBLEMS STYMIE FREIGHTER
Knight-Ridder Financial |
The 8,197-deadweight-ton freighter Johanna Schulte was being towed by a tug Wednesday after drifting
Maritime
AFTER 5-YEAR BATTLE, DREDGING STEAMS AHEAD AT OAKLAND PORT
Brian Johns |
An environmentally correct solution to the Port of Oakland's longstanding dredging problem is off th
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +15.567/28 104.67/29 104.78/1
CRUDE OIL STOCKS FELL LAST WEEK
Journal of Commerce Staff |
U.S. inventories of gasoline fell 4.4 million barrels during the week ended July 29 compared with th
SENATE PANEL APPROVES CLINTON BILL TO REFORM CONTROVERSIAL SUPERFUND
Journal of Commerce Staff |
The Senate Environment and Public Works Committee, on a 17-4 vote, Wednesday approved the Clinton ad
CYANAMID STOCK DROPS IN WAKE OF BUYOUT OFFER
Reuters |
Shares of American Cyanamid Co. were lower Wednesday after soaring in late off-exchange electronic t
SPOT COMMODITIES
JOC Staff |
Aug. 3, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
MARITIME CALENDAR
JOC Staff |
"Ship, Sea and Sky: The Marine Art of James Edward Buttersworth." Through Sept. 5. New York. Exhibit
Maritime
BANKERS TRUST UNIT SELECTED AS BUYER FOR NAVIERAS
Peter M. Tirschwell |
A unit of Bankers Trust was selected Wednesday to privatize the state shipping line Navieras de Puer
INS SHIFTS ITS POLICY, WILL TAKE STOWAWAYS
Michael S. Lelyveld |
In a major policy change, the Immigration and Naturalization Service said that until further notice,
TEXTILE FIRMS TO FIGHT FOR ORIGIN RULE CHANGE
Robin Bulman |
Still smarting from the Senate's rejection of a controversial proposal to fundamentallyalter U.S. co
SINOPEC WINNING RACE AS CHINA'S TOP OIL FIRM
Reuters |
The past five months have seen many policy changes in China's oil industry, but one strong theme rem
CP'S EARNINGS UP MARKEDLY ON SHARP RISE IN RAIL PROFIT
Journal of Commerce Staff |
Led by a sharp rise in rail earnings, Canadian Pacific Ltd. reported second- quarter net profit of C
CHINA GETS MIXED REVIEW ON ECONOMIC PERFORMANCE
P.T. Bangsberg |
China's economic reforms are yielding better results, but the economic struggle continues, the count
Maritime
FTC ALLOWS SUN'S PURCHASE OF CHEVRON REFINERY IN PA.
Andrew Maykuth |
The Federal Trade Commission permitted the Sun Co.'s purchase of the neighboring Chevron Philadelphi
UKRAINE TURNS DEAF EAR TO GORE SERMON PUSH TO REFORM ECONOMY DOUBTED
Geoff Winestock |
Vice President Al Gore's message of free market reform to the new president of Ukraine has fallen on
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Aug. 3, 1994 Prevailing sellers' posted prices at the close of business, represent
NIGERIAN STRIKE PUTS OPEC CLOSE TO QUOTA
Reuters |
OPEC stuck close to its production quota in July, but this was due more to the oil workers' strike i
UGANDA, OVER EXPORTERS' OBJECTIONS, IMPLEMENTS TWO-TIERED COFFEE TAX
Knight-Ridder Financial |
Officials at Uganda's Ministry of Finance say a new tax on coffee is being implemented despite prote
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 233.16 off 0.53 w
UPGRADE HELPS INDIA WHITTLE DOWN AGE OF FLEET
N. Vasuki Rao |
Seventy-two new ships have been added to the Indian merchant fleet over the last three years, the gr
Maritime
JURORS IN EXXON VALDEZ CASE WON'T HEAR SALMON STATISTICS
Associated Press |
Jurors deciding the Exxon Valdez case won't have their deliberations interrupted with information on
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
A YEAR AFTER GOING PRIVATE, NZ RAIL'S PROFIT DOUBLES
Reuters |
New Zealand Rail Ltd., a formerly state-run company, doubled net earnings in its first year of priva
RADIX GROUP BUYS MIAMI FREIGHT FIRM
Knight-Ridder Newspapers |
The Miami freight forwarding and customs brokerage group, the Flagship Cos., has been acquired by Ra
TRANSPORT BRIEFS
Wire and Staff Reports |
6 KILLED, 156 INJURED IN CUBAN TRAIN CRASHHAVANA - Two trains collided in Havana on
TWO RAIDS IN SINGAPORE NAB ALLEGED SOFTWARE PIRATING TOOLS
Reuters |
Raids on two groups netted equipment alleged to be involved in counterfeiting computer programs, a U
Maritime
NY-NJ PIPELINE PROJECT POSTPONED
Knight-Ridder Financial |
Remaining partners of Liberty Pipeline Co. have asked the Federal Energy Regulatory Commission to po
ANTITRUST REPEAL AMENDMENT ADDED TO HEALTH CARE BILL
Margo D. Beller |
Rep. Jack Brooks on Tuesday finally got his bill that would repeal insurance industry antitrust exem
STURGE HOLDINGS NAMES POOLE CHIEF EXECUTIVE
Special to The Journal of Commerce |
Major Lloyd's of London insurer Sturge Holdings PLC has announced the appointment of David Poole as
RUSSIA SETS MEETING ON COLLAPSED FUND
Reuters |
Russian officials have asked the head of the troubled MMM investment fund to a meeting todayin a bid
ASIA'S TRADING HOUSES POISED FOR SURGE IN CHINA SUGAR BUYING
Reuters |
Asia's trading houses are poised for a surge this year in sugar purchases by China, brokers in Hong
UN REPORT FORECASTS 33 PERCENT DECLINE IN KENYA'S MAIZE OUTPUT FOR YEAR
Knight-Ridder Financial |
A U.N. report has pegged total 1993-94 (July-June) maize production in Kenya at 1.62 million tons, d
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
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