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SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
UK OFFICIALS VOW RETALIATION IF PENA SCRAPS AIRLINE DEAL
Keith M. Rockwell |
Britain will retaliate if U.S. Transportation Secretary Federico Pena decides today to scrap a joint
MASS. OFFICIALS WORRY OVER LIMITS ON FEDERAL FUNDING FOR TUNNEL
Associated Press |
Limiting the amount of federal spending on the Central Artery-Third Harbor Tunnel project, as propos
TRANSPORT BRIEFS
Wire and Staff Reports |
UAL, UNIONS MISS DEADLINE IN BUYOUT DEALCHICAGO - UAL Corp., parent of United Airlin
FIRE, REFINERY REPAIRS TO CUT ASIAN DEMAND
Henry Cutter |
Scheduled refinery maintenance and a fire last month at Tonen Corp.'s Kawasaki refinery will sharply
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
NJ STUDIES UNBUNDLED GAS RATES
Tony Mercandetti |
New Jersey regulators are beginning to examine filings by the state's four natural gas utilities und
GLOBAL TRADE TALKS TO RESUME IN MAY ON SERVICES SECTORS GATT TO RESOLVE UNFINISHED BUSINESS
John Zarocostas |
Global trade negotiations will resume here in mid-May to resolve differences in a range of services
Maritime
CALIFORNIA FIRM TO DEVELOP DRUGS WITH CHINA CENTER
From Wire and Staff Reports |
An agreement was reached this week between Genelabs Technologies Inc., of Redwood, Calif. and China'
TIGHT SUPPLIES AND STRONG DEMAND PUSHING COPPER HIGHER, ANALYSTS SAY
Roberta C. Yafie |
The operative word in the copper market is "tight," and the target is 95 cents or better. Co
INSURANCE BRIEFS
From Wire and Staff Reports |
MOODY'S PUTS RATINGS OF KEMPER ON REVIEWMoody's Investors Service placed the "Baa2" senior d
PEOPLE - INSURANCE
From Wire and Staff Reports |
CONTINENTAL FINANCIAL INSTITUTIONS (New York) - John Lopes was appointed vice president ofD&O and E&
BOSPORUS REMAINS CLOSED CYPRUS DOES DAMAGE CONTROL DEATH TOLL AT 19 10 STILL MISSING
Janet Porter |
The deadly collision between two Cypriot-registered vessels in the Bosporus, which still keeps the w
Maritime
VEHICLE IMPORTS HIT THE SKIDS AT W. CANADA'S NO. 1 AUTO PORT
John Davies |
The number of cars and trucks imported through Western Canada's largest automobile port dropped more
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 16, 1994 Quotations are based on prices reported in the market or obtained
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 229.31 up 0.73 which compares w
QUESTIONS ON RECRUITMENT MAY DELAY ITC NOMINATION
John Maggs |
Lynn Bragg, the Clinton administration's nominee to the International TradeCommission, was a
SEA-LAND MAY YANK BIG MEDITERRANEAN SHIPS
Peter M. Tirschwell |
Sea-Land Service Inc. plans to remove its three huge Atlantic-class shipsfrom the United Sta
HONG KONG MAY LINK CHINA TO SHIP ATTACKS
Knight-Ridder Financial |
The Hong Kong government is preparing to submit to the United Nations documents showing that Chinese
Maritime
PEOPLE - TRANSPORT
Wire and Staff Reports |
EMERY WORLDWIDE (Palo Alto, Calif.) - Douglas J. Foster was chosen to direct the company's multinati
DOLLAR FALLS AS PRICE REPORT TAKES PRESSURE OFF FED ON RATES
Alan Zimmerman |
The U.S. dollar declined Wednesday as a tame inflation report convinced some market participants tha
UPS TO OFFER A GUARANTEE ON OVERSEAS DELIVERIES
William Armbruster |
United Parcel Service Inc. is joining the parade of express carriers offering on-time guarantees for
WORLD PARLIAMENT MEMBERS TO DISCUSS IRAQI EMBARGO
Reuters |
Members of parliament from some 125 countries will meet in Paris next week to discuss lifting the tr
SAUDI BUSINESSMAN AGREES TO BUY SWEDISH OIL FIRM
Vibeke Laroi |
A Saudi Arabian businessman, Sheik Mohammed Al-Amoudi, agreed Wednesday to buy Swedish oil firm OK P
GASOLINE PRICES
JOC Staff |
Mar. 16, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
US UNCERTAIN ON NEW RULES FOR HIGH-TECHNOLOGY EXPORTS
Michael S. Lelyveld |
New regulations for high-tech exports may have to be issued in about two weeks, but there are still
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
PRIVATIZATION AUCTION SET IN KAZAKHSTANWASHINGTON - Kazakhstan will begin its first
Maritime
OWNERS REPOSSESS FOUR SHIPS FROM NETUMAR
Peter M. Tirschwell |
Owners have taken back four chartered vessels operated by Brazil's Netumar Line in a sign that the c
Maritime
BOX GROWTH SLOWS AT W. COAST PORTS AS OVERALL CARGO VOLUME REMAINS FLAT
John Davies |
The number of containers moving through West Coast ports last year grew 4.2 percent, a slower growth
Maritime
CAROLINA FREIGHT CARRIERS CONSOLIDATES TERMINALS
Gregory S. Johnson |
Continuing a spate of moves designed to steady its shaky finances, Carolina Freight Carriers Corp. i
TOKYO PROTESTS US CANCELLATION OF JAPAN AIRLINES' ROUTE TO HAWAII
Reuters |
The Japanese government lodged a protest with Washington Wednesday for abruptly refusing to allow Ja
COALITION BACKS PROPOSAL FOR CLEANUP DISPUTE FUND
Dennis Melamed |
Major insurance companies, chemical companies and other manufacturers have agreed to a mechanism res
COST OF CREDIT
JOC Staff |
Wednesday, March 16, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
KENETECH UNIT, S. CALIFORNIA UTILITY TO DEVELOP WIND-POWERED PLANTS
Knight-Ridder Financial |
Kenetech Corp. said Wednesday that its Windpower subsidiary has signed a preliminary agreement with
SPOT PRODUCT PRICES
JOC Staff |
Mar. 16, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
HOECHST TO LEAVE PORT OVER DREDGE TROUBLESNEWARK, N.J. - After 40 years at Port Newa
HEARING SET ON FLA. PLAN TO CURB CANCELLATIONS
Journal of Commerce Staff |
The Florida Insurance Department will hold a public hearing April 12 on a proposed regulation limiti
SURVEY: PROFITS OF MICH. AUTO INSURERS MORE THAN TWICE NATIONAL AVERAGE
Associated Press |
Michigan auto insurers report a rate of earnings more than twice the nationalaverage, with o
PEOPLE - MARITIME
From Wire and Staff Reports |
HANJIN SHIPPING CO. (Seoul, South Korea) - Sooho Cho was named president and chief executive at the
Maritime
FMC CHAIR OPEN TO TEST OF RATE-SETTING GROUPS
Bill Mongelluzzo |
The chairman of the Federal Maritime Commission said at a meeting of freight consolidators he would
Maritime
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