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RATE FIRM BEST PUTS PRUDENTIAL UNDER REVIEW
Brigitte Maxey |
Insurance rating agency A.M. Best Co. put Prudential Insurance Co. of America, Newark, under review
NAFTA, CUBA TRADE EXPECTED TO PROVIDE FURTHER BOOST TO PORT
George F.W. Telfer |
Lots of things are coming together for the Port of New Orleans. The passage of the North Ame
SLIGHT RISE SEEN IN BRITAIN'S PRODUCER PRICES
Reuters |
British producer price data for November due for release today are likely to show output prices edgi
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
KODAK STOCK SPINOFF RULED TAX-FREE BY IRSROCHESTER, N.Y. - Eastman Kodak Co. said Fr
POLL: EU MEMBERSHIP NOT POPULAR IN FINLAND
Reuters |
More Finns oppose membership in the European Union than favor it, said an opinion poll conducted by
Maritime
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Doing Business in Russia: Joint Commercialization to Advanced Technol
Maritime
GROUP OF 15 MEETING'S NO-SHOWS FORCE A REASSESSMENT OF GOALS
N. Vasuki Rao |
The abrupt postponement of the summit meeting of the Group of 15 developing countries this month sug
Maritime
UK'S OPEN-SKIES OFFER GETS CHILLY US RESPONSE
Janet Porter |
A British offer to sweep away many restrictions on air services between the United States and Britai
CZECHS URGED TO EASE FOREIGN INVESTMENT RULES
Bernd Debusmann |
The government of Czech Prime Minister Vaclav Klaus, Eastern Europe's most outspoken free-market apo
Maritime
VIETNAM TO ALLOW FOREIGNERS TO INVEST UP TO 30 PERCENT IN BANKS
Reuters |
Vietnam has allowed local joint stock finance companies and commercial banks to raise up to 30 perce
Maritime
PA. FIRMS LOOK ABROAD, STRIVE TO MEET ISO STANDARDS
Pamela Gaynor |
A majority of the region's manufacturers apparently are gearing up to compete on a global scale, if
Maritime
MORRISON KNUDSEN DIGS DEEPER INTO COAL
Associated Press |
By acquiring part of an eastern German mining and power company, Morrison Knudsen Corp. has more tha
FREIGHT TRANSFER FACILITY TO MOVE 1,800 BOXES THROUGH TACOMA PORT
Rob Tucker |
Seattle's loss, Tacoma's gain. Tacoma Transload, with $2 million in equipment, will move 1,8
Maritime
MEXICO GAMBLE PAID OFF FOR TRUCKING EXECUTIVE
Ira Rosenfeld |
In Las Vegas parlance a "come bet" is to put your money on what you believe the next roll of the dic
VENEZUELA'S NEW GOVERNMENT TO PRESS ON WITH PORT PRIVATIZATION
Charles W. Thurston |
Venezuela's new government is expected to move forward quickly on plans to continue privatizing the
Maritime
DOT THREATENS SANCTIONS IF AIRPORT FEES TOO HIGH
Mark B. Solomon |
Airports may face audits, subpoenas and the forfeiture of federal grants if the Department of Transp
TRANS-PACIFIC CARRIERS TO SEEK BOX RATE HIKE ON ASIAN IMPORTS
Allen R. Wastler |
Pacific ocean carriers meeting here have decided to push for a $225 a 40-foot container rate increas
Maritime
ACCESS, SOLVENCY RULES COLLIDE, EXECUTIVE SAYS
Allen R. Wastler |
Simultaneous regulation of insurer finances and insurance availability could push some insurance com
BRITISH PRODUCER PRICE REPORT EXPECTED TO SHOW SLIGHT RISE
Reuters |
British producer price data for November due for release today are likely to show output prices edgi
TTX TO SPEND $407 MILLION ON RAIL EQUIPMENT
Journal of Commerce Staff |
TTX Co. plans to spend $407 million on new rail equipment in 1994, including acquisitions expected t
Transport, Trade and Regulation News
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent -5.3812/6 93.2 12/7 93.512/8 9
THAIS HOPE TO PLANT MILLIONS OF TREES WITH HELP OF ORE.
Brian Johns |
King Bhumibol Adulyadej of Thailand reportedly has picked a unique way to celebrate his 50th anniver
Maritime
SEATTLE COMPANY TO BACK RUSSIA PHONE VENTURE
John Davies |
A Seattle company that leases time on long-distance lines and resells it to business customers said
Maritime
LATIN AMERICA'S STEEL FIRMS GROW
A.K. O'reilly |
The new-found success of the Latin American steel industry is a bright spot in an otherwise grim int
COST OF CREDIT
JOC Staff |
Thursday, Dec. 9, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
EU JOBS SUMMIT UNLIKELY TO PROVIDE FOR MANY JOBS
Bruce Barnard |
The leaders of the European Union will spend the next two days in an unreal cocoon. The summ
HIGH-SPEED RAIL LINE NEARS APPROVAL IN GERMANY
Special to The Journal of Commerce |
The German Cabinet moved closer Wednesday to approving the construction of a high-speed rail line be
PORTUGAL TRADE DEFICIT FALLS FROM '92 LEVEL
Reuters |
Portugal's overall trade deficit fell to 649.8 billion escudos (US$3.74 billion) in January to May 1
BRAZILIAN INFLATION TAX MAY DAMAGE EXPORTS
James Bruce |
New taxes associated with an anti-inflation plan announced this week could significantly raise the c
Maritime
ALA. AMTRAK CRASH CALLED "WAKE-UP' NOTICE
Journal of Commerce Staff |
"Mobile was a wake-up call" to the all parts of the country where water traffic passes vital structu
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
PEPSI FORMS VENTURE TO MARKET FRUIT DRINKSSOMERS, N.Y. - Pepsi-Cola International sa
Maritime
CLINTON PLAN PROMOTES NATURAL GAS, DOES LITTLE TO HELP OIL INDUSTRY
Vicki Allen |
The Clinton administration Thursday released an energy plan that promotes the use of natural gas but
GASOLINE PRICES
JOC Staff |
Dec. 9, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
UTILITY PULLS THE PLUG ON PA. POWER LINE PLAN
Associated Press |
A controversial proposal for a power line across Pennsylvania between the Pittsburgh and Harrisburg
BONNEVILLE USES RESERVES TO COVER LOW REVENUE
Associated Press |
Bonneville Power Administration says drought and low aluminum prices forced it to spend $300 million
CHINA, ITALY, GERMANY MAJOR TRADERS WITH UKRAINE
Peter Bejger |
Germany, China and Italy were Ukraine's top three trade partners outside the Commonwealth of Indepen
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
XEROX INSURANCE UNIT UNAFFECTED BY REVIEWThe 10,000 jobs to be cut by Xerox Corp. will not i
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
RUSSIA MAY IMPOSE SUGAR IMPORT DUTYMOSCOW - The Russian government is considering im
GRAIN TRADERS EXPECT PRICES TO MOVE HIGHER
From Wire Reports |
Grain traders at the Chicago Board of Trade expect prices to move higher today after a U.S. Departme
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 9, 1993 Quotations are based on prices reported in the market or obtained from su
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