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HAMILTON BANK N.A.
Kenneth Wolf |
When the big banks shied away from small export companies in South Florida, Hamilton Bank jumped int
Maritime
WORLD'S DEMAND FOR ELECTRONICS EXPECTED TO GROW
Brian Johns |
The world electronics market is expected to grow to $940 billion by 1996, upfrom an estimate
Maritime
CHINA'S COAL GAP LIKELY TO WIDEN DESPITE PLAN TO INCREASE PRODUCTION
P.T. Bangsberg |
China's coal production, however prodigious, seems unlikely to meet demand, officials acknowledge, w
ATA STARTS TOLL-FREE LOBBYING LINE
JOC Staff |
The American Trucking Associations has set up a toll-free telephone number so members of its Team 20
ENERGY BRIEFS
From Wire and Staff Reports |
CON ED REJECTS BIDS FOR HIGH-POUR FUEL OILNEW YORK - Consolidated Edison Co. of New
SEA-LAND'S OPTIMISM ON LATIN AMERICA SPURS PLAN TO LAUNCH CHARTER SERVICE
Bill Mongelluzzo |
Sea-Land Service Inc.'s decision to charter three ships for its own weekly service to Mexico and Cen
Maritime
NY-NJ PORT ASKS HOUSE PANEL FOR $11.6 MILLION MORE IN FUNDS
Alice Cantwell |
The Port of New York-New Jersey needs nearly $35 million next year for channel deepening, sediment d
Maritime
TWO SHIP LINES TO RESTRUCTURE S. ATLANTIC SERVICE
Peter M. Tirschwell |
Polish Ocean Lines and Mediterranean Shipping Co., which share vessels in the U.S. South Atlantic-to
Maritime
TRADE BRIEFS
Wire and Staff Reports |
'QUAD' OFFICIALS DISCUSS WTO ISSUESGENEVA - Senior trade officials from the so-calle
Maritime
AUSTRALIA EXPECTS SAUDIS TO BOOST BARLEY IMPORTS
Wendy Pugh |
Australia is expected to increase 1993-94 feed barley exports to Saudi Arabia despite prices being d
COST OF CREDIT
JOC Staff |
Thursday, March 24, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
TEXAS COMMISSIONER BANS IDAHO INSURER
Associated Press |
Texas Insurance Commissioner J. Robert Hunter has ordered an Idaho firm to stop selling insurance in
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 24, 1994 Quotations are based on prices reported in the market or obtained from s
MEXICO SLAYING SHAKES CONFIDENCE OF INVESTORS
Kevin G. Hall |
The assassination of Mexico's leading presidential candidate threw the nation into collective shock
MARITIME BRIEFS
From Wire and Staff Reports |
ZIM ISRAEL REPORTS FINANCIAL TURNAROUNDHAIFA, Israel - Zim Israel Navigation Co. rep
Maritime
3 SWEDISH TANKER FIRMS OPTIMISTIC ON MARKET RECOVERY THIS YEAR
Janet Porter |
Swedish tanker owners remain cautiously optimistic that the market soon will start to pick up from o
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +3.773/18 97.5 3/21 97.5 3/22 97.5
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
FMC CO. TO INVEST IN ARGENTINE LITHIUMBUENOS AIRES - FMC Co. said it plans to invest
FEDEX SNUB SENDS STOCK OF ELECTROCOM INTO TAILSPIN
Dallas Morning News |
Stock for Electrocom Automation Inc. dropped 17.9 percent Wednesday following news that it was not s
TRANSPORT BRIEFS
From Wire and Staff Reports |
JAPANESE RAIL UNIONS MAY STAGE 1-DAY STRIKETOKYO - Trade union members of 13 private
SHIP SALE REPORT
Shipping Intelligence Inc. and Knight-Ridder Transportation |
Actual Vessel Sale Evaluations Sale TimeDate Vessel
Maritime
DOLLAR FALLS AS GERMANY'S M3 RISE BOOSTS DEUTSCHE MARK
Alan Zimmerman |
The U.S. dollar fell to a five-month low against the deutsche mark Thursday as the German money supp
VIETNAM TEXTILE COMPANY INKS DEAL TO SUPPLY US FIRM WITH GARMENTS
P.T. Bangsberg |
Vietnam's state-owned Confectimex has signed a US$7.5 million contract to supply garments to the Uni
Maritime
PETITIONS PUT MICH. CLOSER TO VOTE ON AUTO RATE CUT
Chris Christoff |
Michigan voters are a big step closer to deciding in November whether to cut auto insurance rates by
PEOPLE - INSURANCE
From Wire and Staff Reports |
GRYPHON HOLDINGS INC. (New York) - Robert P. Cuthbert has joined the company as senior vice presiden
P&O CHIEF CREDITS TAA FOR TRANS-ATLANTIC REVIVAL
Janet Porter |
The traditionally uneconomic trans-Atlantic trade is recovering toward abreak-even position
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Thursday Mar. 24, 1994 Prevailing sellers' posted prices at the close of business, represent
TARIFFS CHILL US EXPORTS OF CHICKEN TO RUSSIA
John Davies |
The boom in U.S. chicken exports to Russia has flown the coop. Shipments of U.S.-grown froze
ICE BLOCKAGES PARALYZE BULK CARRIERS ON GREAT LAKES
John Boyd |
The worst ice blockages since 1978 are delaying big U.S.-flag ships all over the Great Lakes, slowin
CLASSIFICATION SOCIETIES MAY TEST SHIPOWNERS' MANAGEMENT SYSTEMS
Journal of Commerce Staff |
The world's top classification societies may start certifying shipping companies' management organiz
Maritime
RISING IMPORTS SQUEEZED BRAZIL'S FEBRUARY SURPLUS
James Bruce |
Rebounding orange juice prices and revived coffee exports were not enough to offset surging imports
Maritime
AIR FRANCE LOSES EU COMPLAINT
Associated Press |
The European Court of Justice rejected Thursday a case brought by Air France against the European Un
ALLIED-LYONS BUYS SPAIN'S DOMECQ
Reuters |
British food and drinks group Allied-Lyons PLC announced a $1.1 billionpurchase of Spanish d
INDIA PROTESTS US PLAN TO SELL JETS TO PAKISTAN
Reuters |
India formally protested to the United States its proposal to sell F-16 warplanes to Pakistan, sayin
POSTPONED TRANSPORT SUMMIT STALLS US, MEXICO TRUCKING AGREEMENT
Rip Watson |
The first North American Free Trade Agreement transportation summit, halted before it could begin by
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
HIGH COURT TO HEAR CALIF. DISPUTE ON MULTINATIONALS TAX
WILLIAM DiBENEDETTO |
The Supreme Court Monday will examine California's method of taxing multinational companies in a tax
Maritime
TAIWANESE FIRM COMMISSIONS MALAYSIAN PETROCHEMICAL PLANT
Abdul Jalil Hamid |
Taiwan's Titan Group on Thursday commissioned Malaysia's largest petrochemical complex amid talk of
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 230.10 up 0.69 which compares
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