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FACING $40 MILLION QUARTER LOSS, SP TO SLASH ITS WORK FORCE BY 18 PERCENT
Allen R. Wastler |
Staring at more than $40 million in operating losses during the third quarterbecause of Midw
TIN PRICES REBOUND AFTER 20-YEAR LOWS
James Regan |
Tin staged a modest recovery after crashing to 20-year lows early in the premarket amid continued do
CHINA DENIES SOURING TALKS WITH TAIWAN
Reuters |
China denied Thursday that its unprecedented talks with Taiwan had broken down due to mainland intra
Maritime
SPOT COMMODITIES
JOC Staff |
Sept. 1, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Sept. 1, 1993Bid AskedCopper_
FRUIT PACES 1.4 PERCENT RISE IN FARM PRODUCT PRICES
Reuters |
Farmers received 1.4 percent more for their goods in August than in July as higher prices for citrus
KV RETURNING TO NORMAL AFTER SEIZURE BY FDA
Robert Steyer |
KV Pharmaceutical Co. of St. Louis said that more than 60 percent of the drugs seized by federal age
EX-REGULATOR GETS JAIL FOR EXTORTION
Associated Press |
A former state insurance commissioner who admitted extorting $60,000 from five insurance companies t
CHINA RELAXES OVERSIGHT OF EQUIPMENT IMPORTS
P.T. Bangsberg |
Indications are emerging of a further relaxation in China's control over imported machinery and elec
Maritime
US APPLE GROWERS DISTRUST ASSURANCES OF JAPAN SALES
John Davies |
The Japanese government will lift its ban on U.S.-grown apples and allow fruitfrom next summ
Maritime
CALIF. GASOLINE PRICES DOWN AHEAD OF HOLIDAY, NEW TAX
Bob Walter |
The lowest gasoline prices of the year are not expected to last long, but at least fighting traffic
ASIAN FUTURES
JOC Staff |
Sept. 1, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
FRENCH STEP UP PRESSURE ON EC TO TIGHTEN TRADE POLICY
Keith M. Rockwell |
The French government stepped up efforts to shift European Community trade policy Wednesday by unvei
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Sept. 1, 1993 Quotations are based on prices reported in the market or obtained
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
QUEBEC MOTOR CARRIERS CRITICIZE ONTARIO TRUCK LENGTH REFORMS
Leo Ryan |
The Quebec trucking industry is blasting new truck length standards adopted this summer in Ontario b
OWNER SETTLES SUIT OVER BERING SEA SPILL
Associated Press |
The owner and operator of a vessel that spilled 250,000 gallons of diesel and oil in the Bering Sea
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago9/1 8/31 Change % Change: 8/9
WORLD ECONOMIC GROWTH TO FUEL BASE METAL DEMAND
Roberta C. Yafie |
A 2.4 percent rise in gross domestic product by the world's seven leading industrial nations next ye
HIGH-TECH MARINE TERMINALS CAUSE HEADACHES FOR PORTS
Bill Mongelluzzo |
Shipping lines have found that the high-tech terminals they spend hundreds of millions of dollars to
SWISSAIR WINS GOVERNMENT APPROVAL TO DISCUSS FOUR-LINE ALLIANCE
Associated Press |
The Swiss government on Wednesday gave flag carrier Swissair the green light to continue pursuing ne
NEW FAA CHIEF URGES CAUTION ON PRIVATIZATION OF TRAFFIC CONTROL
WILLIAM DiBENEDETTO |
David R. Hinson, the new Federal Aviation Administrator, is adopting a prudent approach toward plans
JURY SIDES WITH LITTON IN HONEYWELL PATENT ROW
Knight-Ridder Newspapers |
A Los Angeles jury decided Tuesday that Honeywell Inc. must pay Litton Industries Inc. a record-sett
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Sept. 1, 1993Prev. Life of Contr. OpenOpen High Low
SMALLER CHINESE COMPANIES SEEK FOOTHOLD IN TRADE WITH US
P.T. Bangsberg |
Trade missions at senior government level are hardly new, but the Chinese capital is sending its fir
Maritime
LABOR BOARD EXPECTS TO RULE ON GRAIN CASE NEXT WEEK
John Davies |
The right of a grain terminal to reduce the number of unionized ship loaders it uses without the agr
Maritime
THAI OFFICIAL, FEARING BACKLASH, TAKES HIGHWAY ROW TO COURT
Reuters |
The governor of Thailand's transit authority said Wednesday he was forced into court to resolve a di
IND. CANAL MAY BE DREDGED FOR 1ST TIME IN 20 YEARS
Knight-Ridder Newspapers |
The Indiana Harbor and Ship Canal may be on the verge of its first dredging in more than 20 years.
Maritime
PEOPLE - MARITIME
From Wire and Staff Reports |
RYAN-WALSH INC. (Mobile, Ala.) - Axel M. Holland was named general manager of intermodal services fo
Maritime
IRAN HOPES SAUDI CASH PROBLEMS WILL SPUR RETHINKING OF OIL POLICY
Ahmed Al-Jabri |
Iran hopes Saudi Arabia's financial problems, caused by a decline in oil prices, will prompt the wor
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC PARED OUTPUT OF CRUDE IN AUGUSTLONDON - Members of the Organization of Petroleu
HYDRO-QUEBEC'S PLAN UNJUSTIFIED, CREE INDIANS SAY
Leo Ryan |
Hydro-Quebec's 5,000-page feasibility study on its proposed gigantic US$10 billion Great Whale proje
PORT, RAILROAD AND INTERMODAL INTERESTS ESCAPE EMILY'S WRATH _ BY A WHISKER
Alice Cantwell |
Port, rail and intermodal operations returned to normal in Virginia and North CarolinaWednesday with
Maritime
JOURNAL OF COMMERCE - FAST FACTS PERCENT OF GROWTH IN REAL EXPORTS, *1992
Council on Competitiveness, Wash. |
Canada 10.6% Japan 7.9%U.S. 7.3%France 4.6
RECYCLED PLASTIC PRODUCTS FEATURE "GREEN' LABELS
Ira Breskin |
Makers of recycled plastic products now are using a so-called green label to promote those products.
PENTAGON TO BUY MORE SEALIFT SHIPS AS OUTLINED IN "BOTTOM UP' REVIEW
Tim Shorrock |
The Department of Defense will continue to buy more roll-on, roll-off vessels to supply American tro
Maritime
RISE EXPECTED IN COMPLAINTS BY US FIRMS ON JAPAN TRADE
Journal of Commerce Staff |
U.S. companies are expected to file a growing number of unfair-trade complaints against Japan in com
Maritime
TRADE BRIEFS
Wire and Staff Reports |
GLOBAL STEEL TALKS TO RESUME SEPT. 21BRUSSELS, Belgium - Multilateral Steel Agreement (MSA)
Maritime
INDIAN OWNERS NEAR VICTORY IN ATTEMPT TO CUT RED TAPE
N. Vasuki Rao |
Changes in the law may give shipowners greater freedom involving the foreclosure of mortgages, regis
Maritime
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