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NICKEL PRICES FIGHT OFF WORRIES ABOUT INCREASING INVENTORIES
James Regan |
The price of nickel is proving resilient to concerns that more metal is heading for the London Metal
EUROPEAN ROASTER POISED TO RAISE COFFEE PRICES
Mark Thompson |
The massive surge in world prices for green coffee following surprise frosts in Brazil earlier this
FROM BEER TO BROADCAST EQUIPMENT, WORLD CUP KEEPS AIR CARRIERS BUSY
Reuters |
The United States may have plenty to offer most of its visitors, but World Cup players weren't ready
SURPRISED SHIPPERS FRET OVER "MARRIAGE' PROPOSAL
Gregory S. Johnson |
Burlington Northern and Santa Fe executives trying to drum up support for their proposed merger prob
ARK. IMPORTER CUTS BACK ON USE OF INTERMODAL
George F.W. Telfer |
Higher rail rates and shortages of intermodal equipment have forced Hiram Walker & Sons to rely more
GERMANY NOT WORRIED ABOUT DOLLAR'S DECLINE
Special to The Journal of Commerce |
The current decline in the dollar against the deutsche mark on foreign exchange markets is not worry
FIRM G-7 ACTION IS NEEDED TO RESCUE DOLLAR, ANALYSTS SAY
Gordon Platt |
The Group of 7 industrialized nations must come up with a credible dollar- rescue package at next we
TRADE BRIEFS
From Wire and Staff Reports |
29 ATTORNEYS GENERAL TO QUERY CLINTONWASHINGTON - Attorneys general of at least 29 s
Maritime
RUSSIA SLAPS IMPORTS WITH RISE IN TARIFFS
Geoff Winestock |
Russia's foreign trade policy will take a dramatic turn today as new laws come into force bringing a
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Thursday June 30, 1994 Prevailing sellers' posted prices at the close of business, represent
YEN'S GAIN BOOSTS JAPAN'S APPETITE FOR US CHILLED PORK, BUT NOT BEEF
Yuko Enomoto |
The yen's strength against the U.S. dollar this week is playing a part in boosting Japan's appetite
IMPORT ABCS - DONALD L. FISCHER, ESQ. UNWARY IMPORTERS CAN GET LOST IN THE MAZE OF CUSTOMS FORMS
Donald L. Fischer, Esq. |
Request for Information Form CF28 is issued by a Customs District to request further in form
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
CHINA TAKES US HEAT AS JAPAN BUYS TIME
John Maggs |
The Clinton administration targeted China for possible trade sanctions Thursday but gave Japan anoth
RAILWAYS TO SEEK ICC DECISION BY NEXT YEAR
Journal of Commerce Staff |
Burlington Northern and Atchison, Topeka & Santa Fe railroads will submit a notice of intent to file
US CONSIDERS NEW TALKS ON SETTING G-7 STANDARDS
John Maggs |
The Clinton administration is considering new negotiations on harmonizing standards and freeing inve
TRANSPORT BRIEFS
Wire and Staff Reports |
UTU ASKS CN TO FORM SUBSIDIARY TO KEEP LINESTORONTO - A major union is asking CN Nor
NYMEX VENTURE POISED TO PLUG IN ELECTRONIC GAS-TRADING SYSTEM STRONG COMPETITION HEATS UP INTEREST
Arthur Gottschalk |
The New York Mercantile Exchange, well-known for its role in the trading of natural gas and other en
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
FREIGHT RATE FUTURES
JOC Staff |
June 30, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
ACE PLANS TO WRITE PROPERTY COVERAGEHAMILTON, Bermuda - Liability insurer ACE Ltd. s
INVESTMENT GROUP AGREES TO BUY MAINE RAILROAD
Michael S. Lelyveld |
A Washington investment group has signed a letter of intent to buy the Bangor & Aroostook Railroad C
FERC HAS PLAN FOR UTILITIES TO RECOVER INVESTMENT
Knight-Ridder Financial |
The Federal Energy Regulatory Commission said it proposed a plan for electric utilities to recover i
TEXAS PANEL DELAYS DECISION ON CLEAN FUEL
Knight-Ridder Financial |
The Texas Natural Resource Conservation Commission has delayed until Wednesday a decision on whether
EPA TO PHASE IN REQUIREMENT ON USE OF ETHANOL IN GASOLINE
Reuters |
The Environmental Protection Agency said Thursday it will require that at least 30 percent of the ox
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 229.38 off 1.02
BALTIC FREIGHT INDEX
JOC Staff |
1334 (June 30, 1994) Previous day - 1327 The Baltic International Freight Futures Market in
Maritime
MARITIME CALENDAR
JOC Staff |
"Ship, Sea and Sky: The Marine Art of James Edward Buttersworth." Through Sept. 5. New York. Exhibit
Maritime
DANISH GDP UP 5.2 PERCENT OVER 1ST-QUARTER 1993
Knight-Ridder Financial |
Denmark's gross domestic product rose 5.2 percent in the first quarter of 1994 compared with the fir
BANKRUPT TRUCKER TOLD TO STOP FEE COLLECTION
Journal of Commerce Staff |
Responding to shipper complaints, the Interstate Commerce Commission has notified a bankrupt carrier
COURT RULES INS CAN'T MAKE LINES PAY FOR STOWAWAYS
Michael S. Lelyveld |
In a victory for carriers, a federal appeals court ruled Tuesday that the U.S. Immigration and Natur
3RD WALKOUT BY SIGNAL WORKERS HALTS BRITISH RAIL SYSTEM
Reuters |
Britain's rail system was at a virtual standstill Wednesday as signal workers staged their third str
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange June 29, 1994Brent Crude Oil - (Dollars Per Barrel)
CHINESE IN TALKS ON IRAQI CRUDE
Reuters |
China has expressed great interest in developing Iraq's crude oil and has begun talks with the Iraqi
DOLLAR FALLS TO A NEW LOW AGAINST YEN NO END SEEN
Michael Duvally |
The dollar fell to a fresh low of 98.55 against the Japanese yen Wednesday. The major centra
CRISIS IN VENEZUELAN BANKS SPARKS CAUTIONS TO EXPORTERS
Gordon Platt |
The American Embassy in Caracas said the banking crisis in Venezuela is causing havoc and that U.S.
SPOT PRODUCT PRICES
JOC Staff |
June 29, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
API WEEKLY REPORT CRUDE OIL STOCKS ROSE LAST WEEK
Journal of Commerce Staff |
U.S. inventories of crude oil rose 3.1 million barrels during the week ended June 24, compared with
CANADIAN BUSINESS COOL TO INTERNAL TRADE DEAL
Leo Ryan |
Canadian business leaders showed less enthusiasm than politicians did over a long-sought agreement o
Maritime
CHINA'S GOLD POLICY SPURS BLACK MARKET, OFFICIAL SAYS
Hope Ngo |
Tight Chinese government control over gold distribution is driving producers to sell directly to pri
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