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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
DANISH JOBLESS RATE HELD AT 12.6 PERCENT IN APRIL
Knight-Ridder Financial |
Unemployment in Denmark was unchanged in April with 354,500 people unemployed, corresponding to 12.6
EU COMMISSION EXPECTED TO PULL TRADE BREAKS OF S.KOREA, SINGAPORE
Bruce Barnard |
The European Commission is expected to delete South Korea and Singapore from its list of developing
Maritime
TARIFF CUTS HURT INDIAN INDUSTRIES, GROUP SAYS
Shiva Lingam |
A leading business association is claiming that this year's cut in import tariffs is harming the cou
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
2 EX-MET LIFE AGENTS SUING OVER JOB LOSSBETHLEHEM, Pa. - Two former Metropolitan Lif
MARITIME CALENDAR
JOC Staff |
"Ship, Sea and Sky: The Marine Art of James Edward Buttersworth." Through Sept. 5. New York. Exhibit
Maritime
OLIN PLANS EXPANSION OF LA. CHEMICAL PLANT
JOC Staff |
Olin Corp. said Thursday it plans to invest $75 million in the integration and expansion of its TDI
VALDEZ LAWSUITS CAN RETURN TO ALASKA COURT, RULING SAYS
Associated Press |
Alaskans who claim they were harmed by the March 1989 Exxon Valdez oil spill can transfer their laws
Maritime
AMWAY WINS CONVERTS IN FORMER EAST BLOC
Milan Ruzicka |
Preaching self-reliance as the gospel, Amway, the Ada, Mich., direct distributor, has made an impres
CORRECTION
JOC Staff |
The story appearing on Page 7B on June 2, titled "CMA Confirms Plan to Launch US-Med Service," shoul
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
SEA-LAND, MEBA EXTEND CONTRACTWASHINGTON - Sea-Land Service Inc. and District 1/Mari
Maritime
DIESEL FUEL PRICE RANGES
Comdata Corp., Brentwood, Tenn. / Journal of Commerce |
STATE May 21 May 28 California $1.23
TRANSPORT BRIEFS
Wire and Staff Reports |
BOSTON TUNNEL FACES $76 MILLION OVERRUNBOSTON - The massive Central Artery-Third Har
THAIS SCRAP PLANS FOR NUCLEAR PLANTS
Knight-Ridder Financial |
The Electricity Generating Authority of Thailand has abandoned plans for two 1,000-megawatt nuclear
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 2, 1994 Prev. Life of Contr. OpenOpen High L
PEOPLE - ENERGY
From Wire and Staff Reports |
AMOCO CORP. (Chicago) - Garry P. Mihaichuk was named senior vice president with special responsibili
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 2, 1994 Quotations are based on prices reported in the market or obtained from su
US DOLLAR CLOSES HIGHER, SEEN TESTING UPPER LEVELS
Michael Duvally |
The U.S. dollar rose Thursday in a technical rally that tested the upper bounds of its recent tradin
CANADA POSTS INCREASE IN INDUSTRY CAPACITY USE
Knight-Ridder Financial |
Canadian industries operated at a seasonally adjusted 79.4 percent of capacity in January-March, up
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
ITALY SET TO OPPOSE EU CANDIDATE DEHAENE
P.K. Semler |
Fearing German-French dominance of the European Union, Italy's new government is set to join Britain
Maritime
IMPORT LEADS
JOC Staff |
WOODEN ARTICLES Wooden tables. Contact: Anam Industrial Ltd., 151-22 Hwayang-Dong, Sungdong-
Maritime
AUSTRALIAN GDP ROSE IN QUARTER
Knight-Ridder Financial |
Australia's March-quarter average seasonally adjusted gross domestic product was up 1.9 percent from
RALPH W. KREUGER II, DIES AT 51, WAS AN EXECUTIVE AT LYKES BROS.
Journal of Commerce Staff |
Ralph W. Kreuger II, senior vice president of operations for Lykes Bros. Steamship Co., died Saturda
Maritime
2 TOP EXECUTIVES REPLACED AS BN RESTRUCTURES AGAIN
Lawrence H. Kaufman |
For the second time in less than two years, the Burlington Northern Railroad has replaced and restru
FINALLY, RECOGNITION FOR SAILING INTO DANGER
Peter M. Tirschwell |
When the SS Jeremiah O'Brien takes its place off Pointe du Hoc, Normandy, on June 6 to represent the
SOCIALIST WIN IN HUNGARY DOESN'T FAZE GM CHIEF
Associated Press |
The president of General Motors Corp., a major investor in Hungary, said Wednesday he has no serious
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
EURO DISNEY'S PRINCE HAS COME
Reuters |
United Saudi Commercial Bank said in a statement released in Riyadh that it and its chairman, Prince
NORWAY REASSURES INVESTORS AS OFFSHORE EXPLORATION SLOWS
Stella Bugge |
Norway's continental shelf oil fields still have a great deal of potential, the country says.
AIDE: US WON'T REOPEN EU AIRCRAFT ACCORD
Miriam Widman |
The Clinton administration has no intention of renegotiating an agreement with the European Union on
EU MEMBERS URGED TO BACK $80 BILLION TRANSPORT PLAN
Bruce Barnard |
European governments were urged Wednesday to support an $80 billion investment in 10 giant transport
ICN PHARMACEUTICALS SEEKS FDA NOD ON RIBAVIRIN TO TREAT HEPATITIS C
Rob Perez |
ICN Pharmaceuticals, after 20-plus years of research, more than $200 million in development costs an
CLOSER INTEGRATION OF LATIN AMERICA EXPECTED TO BOOST REGIONAL TRADE
John Zarocostas |
Closer integration of Latin America is projected to provide a substantial boost to intra-regional tr
Maritime
ROMANIA'S IMAGE PROBLEM SLOWS MOVE TO FREE MARKET
Milan Ruzicka |
Plagued by a bad image in the West and multiplying reports of corruption, Romania plods on into the
Maritime
INDUSTRY BACKS UK'S STANCE ON EUROPE, MAJOR SAYS
Karen Lane |
The United Kingdom's ruling Conservative Party is right to reject the European Union's social chapte
DOLLAR FALLS IN LIGHT TRADING AS BIG PLAYERS MEET IN LONDON
Alan Zimmerman |
The U.S. dollar declined Wednesday in a thin and languid market. Analysts said many traders
US CONSTRUCTION SPENDING UP 0.6 PERCENT
Knight-Ridder Financial |
U.S. construction spending rose 0.6 percent in April to a seasonally adjusted annual rate of $508.5
CURSE CONTINUES FOR TANKER AS CAPTAIN INJURED IN ALASKA GULF
Associated Press |
The skipper of the tanker Eastern Lion was airlifted to a Canadian hospital after suffering injuries
Maritime
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday June 1, 1994 Prevailing sellers' posted prices at the close of business, represent
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