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MAINE UTILITY MAY FACE REGULATORY SANCTIONS
Associated Press |
Regulators will decide whether Central Maine Power Co. should be punished for buying high-priced fue
PHILIPPINES APPEARS READY TO SETTLE WITH WESTINGHOUSE
Reuters |
Philippine President Fidel Ramos said Monday he had approved in principle a $49.5 million settlement
MEXICO TO CUT TAXES, RAISE WAGES TO FIGHT INFLATION
Jeff Franks |
President Carlos Salinas de Gortari announced a sweeping package of tax cuts and wage increases aime
Maritime
PARAGUAY TOUTS STABILITY FOR INVESTORS IN MERCOSUR
Charles W. Thurston |
Paraguay's new president Juan Carlos Wasmosy lost no time traveling to New York to pitch his country
Maritime
INDUSTRY REASSURED ON RUSSIAN FAR EAST SHIPPING
John Davies |
Ship and barge lines sailing between the Russian Far East and the Pacific Northwest are trying to di
Maritime
HOUSE VOTES TO CONTINUE WOOL, MOHAIR SUBSIDIES
Reuters |
The House last week agreed to provide wool and mohair payments to farmers in fiscal 1994, modifying
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
LICHT PREDICTS WORLD SUGAR PRODUCTION TO RISE SLIGHTLY
Knight-Ridder Financial |
German statistician F.O. Licht Monday forecast 1993-94 world sugar production at 113.35 million metr
SPOT COMMODITIES
JOC Staff |
Oct. 4, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
RULES INUNDATE RISK MANAGERS
Russ Banham |
Organizations headed by Francois Settembrino and J.A. "Tony" Bridger represent most of the risk mana
UNDERWRITING CENTER OPENS IN LONDON AFTER FIRE DELAY
William Pitt |
Two years after a disastrous fire nearly put an end to ambitious plans for a new London insurance an
GAO REPORT FAULTS FAA'S EXAMINATION OF AIRCRAFT DESIGNS
WILLIAM DiBENEDETTO |
The Federal Aviation Administration is falling short in examining and certifying new aircraft design
CN AIMS TO CUT RAIL NETWORK IN EAST CANADA
Journal of Commerce Staff |
CN North America wants to reduce its network in eastern Canada to half its current size by 1995, acc
"WHITE LIST' URGED TO FIGHT ILLEGAL INSURERS
Margo D. Beller |
Members of the excess and surplus lines industry blasted state regulators for tarring them with the
RESTRAINING ORDER HALTS BURLINGTON NORTHERN STRIKE
Lawrence H Kaufman |
Lawyers representing Burlington Northern Railroad obtained a temporary restraining order in U.S. Dis
TRANSPORT BRIEFS
From Wire and Staff Reports |
ARMY CORPS TO REQUEST MORE FLOOD-RELIEF FUNDSKANSAS CITY, Mo. - The Army Corps of En
POLITICS FAR REMOVED FROM RUSSIANS' DAY-TO-DAY STRUGGLES
Mark Magnier |
President Yeltsin and the Russian Parliament may be waging war in Moscow, but for Natasha Kovlenko,
S&P RATINGS ACTIONS MIXED IN 3RD QUARTER
Knight-Ridder Financial |
Corporate ratings action was mixed in the third quarter, with the dollar volume of downgrades outpac
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
GERMAN ECONOMY SEEN STAGNANT DESPITE INCREASE IN OUTPUT
Reuters |
A 2.1 percent rise in western German industrial output in August does not mean that economic recover
DAILY PETROLEUM PRICES
JOC Staff |
Monday Oct. 4, 1993 Prevailing sellers' posted prices at the close of business, representing
CORRECTION
JOC Staff |
The headline "Commission Rejects Plan for Refunds by Ky. Utilities," which appeared on Page 11B on F
OPEC OUTPUT INCREASED LAST MONTH, SURVEY SHOWS
Knight-Ridder Financial |
OPEC producers squeezed out 40,000 more barrels a day in September as countries sought to consolidat
LABOR BOARD TO TEST ITS JURISDICTION IN FLORIDA-JAPAN GRAPEFRUIT CASE
Craig Dunlap |
The National Labor Relations Board will hold oral arguments on Oct. 26 in a case involving a non-uni
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
ASIA, LATIN AMERICA ACCESS SOUGHT BY CHEMICAL GROUPS
John Zarocostas |
Chemical industry associations from major industrialized nations are lobbying at the global trade ta
CHINA TO ALLOW MANUFACTURERS TO USE MORE NONFERROUS METALS
Knight-Ridder Newspapers |
China will relax restrictions on the use of nonferrous metals by manufacturers, the official China D
NEW POLISH GOVERNMENT LIKELY TO KEEP ON COURSE
Michael S. Lelyveld |
Despite its domination by former communists, Poland's new government will be unable to undo the coun
Maritime
JAPANESE AUTOMAKERS SLAM US TRADE GOAL NUMERICAL TARGETS CALLED MEANINGLESS
Mark Magnier |
Japanese automakers, battered by economic and structural problems, went on the offensive Monday with
US SHIPBUILDERS MUST CLOSE PRODUCTIVITY GAP, BUYERS WARN
Tim Shorrock |
The Clinton administration's shipbuilding initiative will make U.S. shipyards more competitive, part
INSURERS RETRENCH AS GREEN FORCES ADVANCE
Janet Aschkenasy |
U.S. insurance buyers continue to complain that American insurers just aren't supplying the sort of
GALVESTON TO BUY TODD PROPERTY, BUILD BREAKBULK FACILITY
John Davies |
The Port of Galveston, Texas, intends to develop a new breakbulk complex and ship repair site on lan
Maritime
GLOBAL CHANGES OPEN NEW VISTAS FOR US INDUSTRY
Margo D. Beller |
The North American free-trade agreement (Nafta) signed by the leaders of Mexico, Canada and the Unit
COPPER, BRASS SHIPMENTS UP 13.1 PERCENT
Knight-Ridder Financial |
Service center shipments of copper and brass mill products in the U.S. jumped 13.1 percent in August
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1416 (Oct. 1, 1993) Previous day - 1415 The Baltic International Freight Futures Market in L
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Oct. 1, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
AUSTRALIAN LINE SIGNS 2 AGREEMENTS IN USLONG BEACH, Calif. - Australia-New Zealand D
Maritime
NEB. FARMERS GROUP SLAMS FORECAST OF RISE IN GRAIN PRICE UNDER NAFTA
Associated Press |
A team of University of Nebraska-Lincoln economists predict agriculture will see gains, particularly
BARTER DEAL WILL PROVIDE CHINA WITH STEADY FLOW OF RUSSIAN OIL
Tan Ee Lyn |
China is planning to import 1 million to 2 million metric tons of Russian crude oil a year under a b
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