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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
FREIGHTLINER LEADS PACK AS TRUCK SALES SURGE
Michael S. Lelyveld |
Freightliner Corp. widened its lead in the heavy truck industry last month as manufacturers staged t
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
BHP BUYS CONOCO UNIT TO EXPAND GAS INTERESTS
Knight-Ridder Financial |
Australia's BHP Petroleum Ltd. has increased its gas interests in the Carnarvon Basin and the Timor
DRILLING SLUMP ABATES, RIG SURVEY INDICATES
Associated Press |
The number of rigs available to drill for oil and gas continues to slide but an annual survey releas
44 PERCENT OF TEXAS EMPLOYERS FAIL TO CARRY WORKERS COMP COVER
Associated Press |
Forty-four percent of Texas employers don't carry workers compensation insurance, according to a rep
CENTER RE, MORGAN STANLEY FORM CATASTROPHE REINSURER
Knight-Ridder Newspapers |
Centre Reinsurance Holdings Ltd. and affiliates of Morgan Stanley Group Inc. said Monday they have f
PEOPLE - INSURANCE
From Wire and Staff Reports |
TRAVELERS CORP. (Hartford) - John L. Prom was named senior vice president of the asset management an
TRUCKING FIRMS SET ASIDE RIVALRIES TO FIGHT THEFT
Brigitte Maxey |
Several of the nation's leading trucking companies in the Northeast have put aside competition and h
RAIL UNIONS TAKE GRIPES ON RETIREMENT PLAN TO GORE
Rip Watson |
Railroad unions, still fuming about a proposal to overhaul the Railroad Retirement System, have told
WEEKLY RAIL FREIGHT REPORT
JOC Staff |
For the week ended September 11, total piggyback freight hauled on the nation's major railroads equa
SHIP LOSS CLAIMS FELL SHARPLY IN '92
Janet Porter |
Insurance claims for ship losses plunged last year to the lowest level in more than a decade, accord
FREIGHT RATE FUTURES
JOC Staff |
Sept. 20, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
COMMERCE HIKES DUTIES ON CANADIAN LUMBER
John Maggs |
The Commerce Department sharply increased penalty duties charged on imports of Canadian lumber, but
Maritime
FORMER SOVIET FOREIGN PROPERTY COMES UNDER RUSSIAN CONTROL
Grigori Gerenstein |
The Russian Parliament passed a decree granting the Federal Property Fund the exclusive right to car
Maritime
MALAYSIA JULY INDUSTRIAL OUTPUT ROSE 6.2 PERCENT FROM A YEAR AGO
Reuters |
Malaysia's industrial production index rose 6.2 percent year-on-year in July, the statistics departm
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Sept. 17, 1993.
RETURN OF GAIDAR SEEN AS POSITIVE FOR RUSSIA'S REFORM MOVEMENT
Janet Guttsman |
The return of economist Yegor Gaidar to Russia's embattled government will revive a flagging reform
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled. The Journal of Commerce assumes no responsibility for
Maritime
PHILIPPINE TRADE GAP HITS $3.47 BILLION
Knight-Ridder Financial |
The Philippines' trade deficit widened to $3.47 billion in January-July from $2.43 billion a year ea
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Sept. 20, 1993Brent Crude Oil - (Dollars Per Barrel)
PRICE-HAGGLING DELAYS AGREEMENT TO OPEN GERMAN POWER INDUSTRY
Miriam Widman |
Money issues are unresolved as the German government's privatization agency and an Anglo-American co
AMERICAN COLLOID PLANS STOCK SALE TO CUT DEBT
Paul Dykewicz |
American Colloid Co., a specialty mineral and chemical company, is seeking to raise $55 million thro
ENVIRONMENTAL GROUPS SUE FIRM FOR CLEANUP
Reuters |
Nine environmental groups said they filed suit against a mining company Thursday to force it to clea
SOLUBLE COFFEE GETS WAIVER FROM PLAN
Patricia Saldanha |
Soluble coffee was granted a six-month waiver from participation in the Association of Coffee Produc
GRAND TRUNK WESTERN REACHES LABOR ACCORD
Lawrence H Kaufman |
Negotiators for the Brotherhood of Maintenance of Way Employes and the Grand Trunk Western Railroad
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 215.32 up 1.16 which compares wi
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 20, 1993 Copper Total, 93,788. Gold Total, .2,444,714.Silver Total, .2
DAILY PETROLEUM PRICES
JOC Staff |
Monday Sept. 20, 1993 Prevailing sellers' posted prices at the close of business, representi
PHILIPPINES REJECTS WESTINGHOUSE OFFER
Reuters |
A Philippine panel has rejected a new offer made by Westinghouse Electric Corp. to settle an arbitra
PACIFIC LINES TO WITHHOLD MORE CAPACITY
Mark Magnier |
Member carriers in the eastbound trans-Pacific shipping market tentatively agreed to increase the am
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 20, 1993 Quotations are based on prices reported in the market or obtained from
UK PLAYS "HARDBALL' WITH EC OVER GATT BRITISH THREATEN TO DISRUPT BUSINESS IF PARIS SINKS TALKS
Keith M. Rockwell |
Britain turned up the pressure on its European Community partners Monday by threatening to disrupt E
US UNIT OF BROTHER INDUSTRIES WINS ANTI-DUMPING RULING
Reuters |
The U.S. subsidiary of Japan's Brother Industries Ltd. said Monday it won an anti-dumping ruling ste
INTERNATIONAL HUNT ENDS FOR RUSSIAN SEAMEN
Reuters |
International rescuers called off their search for 28 Russian seamen missing in the storm-tossed Sou
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
BAN ON SUGAR IMPORTS EXPECTED IN PHILIPPINESThe Philippine House of Representatives was like
VIETNAM NEW-CROP COFFEE PRICES IN LIMBO
Carolyn Lim |
Prices of Vietnam's new-crop coffee will be unavailable until mid-October when the crop emerges, tra
EMPLOYEES BID ADIEU TO AIR FRANCE'S CARGO CHIEF
Journal of Commerce Staff |
U.S. employees of Air France's cargo division paid a fond and emotional farewell Friday evening to C
EXEL, SCHNEIDER LAUNCH JOINT SERVICES
Rip Watson |
Exel Logistics and Schneider National Inc. Monday said they had begun the first new services resulti
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