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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
ENERGY BRIEFS
From Wire and Staff Reports |
RESTRUCTURING ADVANCES FOR CANADIAN GAS FIRMSNEW YORK - A consortium of 166 Canadian
NAFTA WOULD BE A WELL OF BENEFITS FOR GAS PRODUCERS, TRADERS SAY
Arthur Gottschalk |
Although the proposed North American free-trade agreement is unlikely to have a major near-term impa
JOINT SERVICE WILL LINK MEDITERRANEAN, FAR EAST PORTS
Mark Magnier |
Nippon Yusen Kaisha, Compagnie Maritime d'Affretement and Yangming Marine Transport Corp. plan to st
Maritime
EC-US TALKS CONTINUE WITHOUT PROGRESS OFFICIALS DISAGREE ON STEEL, AIRCRAFT
Keith M. Rockwell |
Two days of intense discussions between U.S. and European Community trade negotiators fell far short
KOREA FIRST BANK PLANS CHINA VENTURE
Journal of Commerce Staff |
Korea First Bank opened a representative office here and said it will set up a joint venture in conj
Maritime
PICKET LINE TENSION GROWS IN COAL STRIKE
Associated Press |
Only three coal mines in Virginia are affected by a seven-state strike by the United Mine Workers of
VENTURE WITH DREYFUS FEEDS ARCHER DANIELS' GRAIN APPETITE
Bob Burgdorfer |
A surprise deal struck between multinational grain giants Archer Daniels Midland Co. and Louis Dreyf
INSURANCE BRIEFS
Wire and Staff Reports |
MO. FLOOD PAYMENTS NEAR $70.1 MILLIONEARTH CITY, Mo. - Missouri flood victims have r
UK UNEMPLOYMENT FALLS TO 10.3 PERCENT
Reuters |
Britain's unemployment rate fell in September for the first time in three months, the government sai
EUROPE'S FEUD OVER CURRENCY SPARKS FLIGHT TO US DOLLAR
Alan Zimmerman |
Speculative attacks on the French and Belgian francs prompted central bank intervention in New York
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Oct. 14, 1993 Prev. Life of Contr. OpenOpen High Low
SPOT COMMODITIES
JOC Staff |
Oct. 14, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
TRADE BRIEFS
Wire and Staff Reports |
GLOBAL MUSIC PIRACY HITS $2.1 BILLION LEVELLONDON - The estimated retail value of pi
Maritime
AVONDALE WINS $257 MILLION NAVY PACT
Associated Press |
Avondale Shipyard was awarded a $257.5 million contract to build a new cargo ship at its suburban Ne
Maritime
HEARING SET NEXT WEEK ON BN-UNION DISPUTE
Journal of Commerce Staff |
A federal district judge in Chicago will hold a hearing next week on Burlington Northern Railroad's
DUTCH INVESTIGATORS BLAME EL AL CRASH ON BOEING
Associated Press |
Dutch aviation investigators completed a yearlong investigation Thursday by squarely blaming Boeing
SAFETY BOARD WANTS BOEING TO STRENGTHEN STRUTS ON 747S
Seattle Times |
The National Transportation Safety Board this week called for Boeing Co. to strengthen the struts of
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
ENERGY BRIEFS
From Wire and Staff Reports |
MOBIL LICENSES TECHNOLOGY TO BULGARIAFAIRFAX, Va. - Mobil Corp. said Thursday it has license
HAMPTON ROADS BUSINESSES JOIN FORCES TO MARKET PORT
Kenneth Wolf |
Travel agents, accountants, bankers and lawyers who are rarely, if ever, at sea are recognized as a
THAILAND SEEKS HELP TO GET ENVIRONMENTAL HOUSE IN ORDER
Brian Johns |
Thailand may be an economic miracle, but its rivers have become so polluted that fish must stick the
UPS REACHES MILESTONE IN AIR EXPRESS SHIPMENTS
William Armbruster |
Spurred by double-digit growth in its air express business, United Parcel Service's average daily ai
COST OF CREDIT
JOC Staff |
Thursday, Oct. 14, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
ECONOMIC UPSWING RESTORES SPARKLE TO BELGIUM'S DIAMOND BUSINESS
Bert Lauwers |
Belgium's diamond business, the world's biggest, expects a brighter year in 1993 after boosting sale
CHEMICAL FIRMS TO ASK S. KOREA TO OK CARTEL
Knight-Ridder Financial |
South Korea's petrochemical companies have decided to apply for permission to form a price-and-produ
US EXPECTING TO INCREASE SALES OF WHEAT TO CHINESE
Nicko Goncharoff |
The U.S. Department of Agriculture expects China to buy more U.S. wheat during the 1993-94 (June-Jun
TRANSPORT CALENDAR
JOC Staff |
Second Annual White-Winged Dove Hunt. Oct. 15-17. Sponsored by a group of American WarehousingAssoci
LATIN MEETING SHADOWED BY SPECTER OF TRADE TALKS' COLLAPSE
Kevin G. Hall |
The heads of Latin American and Caribbean nations are meeting in Santiago, Chile, today for an annua
Maritime
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
FREE MARKET CALLED KEY TO HIKING COTTON OUTPUT
Dev Varam |
Global cotton output would rise if developing countries implement free-market agricultural policies
FIRM BUYS DEAD TIMBER FROM US FOREST SERVICE
Associated Press |
The U.S. Forest Service has sold an estimated 12.8 million board feet of insect-killed trees on the
BANGKOK LACKS MANPOWER TO ENFORCE CLEANUP RULES
Brian Johns |
Thailand is having a hard time finding the manpower to enforce environmental regulations, experts sa
AMERICAN INSURERS HUNTING FOR BUSINESS IN ARGENTINA
Paula L. Green |
More than a dozen U.S. insurers are in Argentina this week, taking a hard look at the workers compen
LYKES MAKES PLANS TO SURVIVE IN FREE-MARKET ATMOSPHERE
Peter M. Tirschwell |
Lykes Bros. Steamship Co. sees clearly the day when it no longer will be given government subsidies
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
Source: Adapted from Weekly Railroad Traffic, Association of |
Three Weeks Ended Oct. 9, 1993, vs. Similar 1992 Period Cars CarsLoaded Loaded
SENATE FINANCE PANEL PUSHING AMENDMENTS TO NAFTA
John Maggs |
Members of the Senate Finance Committee said Thursday they will press for amendments to the North Am
ARTHUR ANDERSEN SIGNS RUSSIA DEAL
JOC Staff |
A wide-ranging business consulting agreement between the Russian State Investment Corporation (SIC)
Maritime
WEEKLY COAL EXPORTS
Port Import / Export Reporting Service, (PIERS) |
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