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PUBLISHER'S NOTEBOOK
Don C. Becker |
I don't know about you but there are some things in life I never tire of: * The smell of bre
US EXPORTERS GET CAUGHT IN STATE DEPT.'S NUCLEAR NET
Michael S. Lelyveld |
U.S. exporters say they have been caught up in one of the State Department's cloak-and-dagger operat
Maritime
WIS. MOTOR CARRIER TO BUY LAST NAVL TRUCKLOAD UNIT
Journal of Commerce Staff |
DeBoer Inc. of Blenker, Wis., has agreed to purchase the last piece of North American Van Lines' gen
TRUCK, RAIL GROWTH FORECAST AEROSPACE CONTINUES WEAK
Mark B. Solomon |
Trucking companies and railroads will show modest growth in 1994, while the U.S. aerospace industry
INSIDE TALK - LARRY KAUFMAN RAILROADS ENTER '94 WITH TRAFFIC UP, COSTS UNDER CONTROL
Larry Kaufman |
There are a number of reasons railroad executives are looking forward to 1994, not the least being t
MANY RAIL LINES, LESSORS PLANNING TO EXPAND INTERMODAL FLEETS IN '94
Rip Watson |
Some railroads and leasing companies are taking the plunge to expand or modernize theirequipment fle
FINANCING TRADE - GORDON PLATT FOREIGN SALES UNITS OWNED BY IRAS WITHSTAND CHALLENGE
Gordon Platt |
Foreign sales corporations (FSCs) owned by Individual Retirement Accounts have successfully withstoo
Maritime
FLORIDA SHUTTLE TO SUSPEND NEWARK SERVICE
JOC Staff |
Florida Shuttle airline here will suspend its Newark, N.J., operation as of Jan. 6. Suspende
TRANSPORT BRIEFS
From Wire and Staff Reports |
PIPER AIRCRAFT TO SELL MANUFACTURING ASSETSVERO BEACH, Fla. - Piper Aircraft plans t
BRITISH MAN MAY NOT GET GUYANA POST
Associated Press |
The appointment of a British man as chief of customs may fall through because the independent body t
Maritime
RAILROAD AGENCY PRODS INDUSTRY ON TRAIN SEPARATION EFFORTS
Lawrence H Kaufman |
The Federal Railroad Administration is urging railroads to speed efforts to develop andimplement tec
TRANSPORT BRIEFS
From Wire and Staff Reports |
AIR CANADA UPGRADING ITS FLEET OF DC-9 JETSMONTREAL - Air Canada has launched the fi
FOREIGN LIABILITY LIMITS RAISED FOR TAIWAN BANKS
Reuters |
Taiwan's central bank said it would raise the ceilings for the foreign liabilities of banks conducti
YUGOSLAV TREASURY PRINTS 500 BILLION-DINAR NOTE
Associated Press |
With inflation completely out of control, the Yugoslav treasury last week issued its biggest note ye
FOREIGN BANKS' PROFITS FALL IN SOUTH KOREA
Reuters |
Combined after-tax profits of 37 foreign banks operating in South Korea are expected to total 125.9
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
SWISS GDP EXPECTED TO STRENGTHEN
Reuters |
Switzerland's gross domestic product should expand by 1.8 percent in 1995 as cuts in interest rates
CURRENCIES HOLD STEADY IN POST-HOLIDAY TRADING SLUMP
Susan Kelly |
The dollar remained stable or firmer against most major currencies in thin post-holiday trading.
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
IVAX CORP., KNOLL SETTLE DRUG PATENT DISPUTEMIAMI - Ivax Corp. said late last week t
MEXICAN PANEL INVESTIGATING LABOR CASE AGAINST GE
Tim Shorrock |
A government-run arbitration board in Juarez, Mexico, is investigating the case of three General Ele
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -4.4812/20 93.812/21 94.112/22
YELTSIN DECREE LIMITS ROLE OF GOVERNMENT IN GRAIN TRADE
Reuters |
President Boris Yeltsin has limited the government's role in Russia's domestic grain market and told
USE OF CHLORINE IN PAPER TEARS AT MAINE INDUSTRY
Associated Press |
Pulp and paper industry officials are questioning the need for proposed changes that would restrict
LEAD PRICES EXPECTED TO TOP $500 A TON WITHIN 2 WEEKS
Knight-Ridder Financial |
Increasing demand in the United States and Europe, combined with tightness in supplies of concentrat
JAPAN'S ELECTRONICS FIRMS SEE LOWER OUTPUT IN '93
Special to The Journal of Commerce |
According to a report just published by the Electronic Industries Association of Japan, total 1993 p
Maritime
RUSSIAN METALS OUTPUT WORRIES US PRODUCERS
Richard Lawrence |
U.S. metals producers are voicing heightened concern over sharply higher imports from the former Sov
Maritime
RUSSIAN VOTE DOESN'T HURT US INVESTMENT IN OIL DEALS
Bill Mintz |
Russian energy officials are proceeding with plans to use U.S. technology and money to modernize the
INDIAN LEADER UNDER PRESSURE TO KEEP HIS FINANCE CHIEF
N. Vasuki Rao |
Pressure intensified Monday on Prime Minister P.V. Narasimha Rao to reject the resignation offer of
Maritime
IRAN OIL RESERVES TOP 90 BILLION BARRELS
Associated Press |
Iran's crude oil reserves have reached 90.5 billion barrels and natural gas reserves 20 trillion cub
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Dec. 27, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
WYO. AIDES CALL PIPELINE TO CALIF. A BIG SUCCESS
Associated Press |
The Kern River Pipeline, which had its share of skeptics when first proposed, has proved to be a big
MALAYSIA SHIFTS TO STEEL TO MEET DEMAND
P.T. Bangsberg |
Long known for its reservoir of useful commodities, Malaysia has in recent years charged into indust
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Dec. 27, 1993 Prev. Life of Contr. OpenOpen High Low
GASOLINE PRICES
JOC Staff |
Dec. 27, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SPOT PRODUCT PRICES
JOC Staff |
Dec. 27, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Dec. 22, 1993* Country Category Description
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 24, 1993Brent Crude Oil - (Dollars Per Barrel)
TRADE BRIEFS
Wire and Staff Reports |
FIRST STOCK EXCHANGE TO OPEN IN VIETNAMHANOI, Vietnam - Senior banking officials in
Maritime
YEMEN AND EGYPT JOIN CALL FOR CUTS IN OUTPUT BY ALL OIL-PRODUCING NATIONS
Knight-Ridder Financial |
Yemen and Egypt on Monday backed the Omani campaign for oil output reduction among non-OPEC states i
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