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GERMAN BANK'S RATE MOVES ROCK EC MONEY SYSTEM
Keith M. Rockwell |
The European Community's exchange rate mechanism was dealt a sharp blow Thursday when currency marke
SHIP RUNS AGROUND IN KILL VAN KULL
Journal of Commerce Staff |
The containership Sea-Land Expedition ran aground Thursday near ConstableHook Reach in the n
Maritime
MARITIME PANEL OKS REVISED REFORM MEASURE
WILLIAM DiBENEDETTO |
A House maritime panel Thursday approved a revised maritime revitalization package that provides $1.
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
CENTER GIVES LESSONS IN OVERSEAS ETIQUETTE
Kenneth Wolf |
Most Americans wouldn't think twice about crossing their feet, but such an act in the Middle East co
TRADE BRIEFS
From Wire and Staff Reports |
CANADA RULES NATIONS DUMPED STEEL PRODUCTSWINNIPEG, Manitoba - The Canadian Internat
Maritime
SENATOR, CHO YANG LEAVE MAHER FOR RIVAL NEW JERSEY TERMINAL
Alan Abrams |
For the third time in as many years, two of the newest and most aggressive container lines serving t
Maritime
BANK LOATH TO PREDICT GOLD-BUYING BY CHINESE
Reuters |
Chinese gold imports last year could have totaled 300 metric tons but future trends are much harder
COCOA TRADERS SEE WORLD PRICES RISING SLOWLY THIS YEAR
Elizabeth Herrington |
Fundamentals have begun to point to the likelihood of a slow rise in world cocoa prices in the 1993-
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 29, 1993 Quotations are based on prices reported in the market or obtained from s
NJ PORT AGENCY BACKS PLAN TO BRING PHILA., CAMDEN UNDER ONE AUTHORITY
Alice Cantwell |
In a move aimed at strengthening the marketing potential of the Philadelphia and South Jersey ports,
Maritime
ICC REPORT BACKS SUBSIDIES FOR INTERCITY BUS INDUSTRY
Journal of Commerce Staff |
An Interstate Commerce Commission staff report concludes that the intercity bus industry would benef
CARGO LINES WANT FAA TO CLOSE SAFETY LOOPHOLE
Mark B. Solomon |
A group of cargo airlines from South Florida will ask the Federal Aviation Administration today to p
WORLD BANK PLANS MEXICO LOANS TO FUND ENVIRONMENT PROJECTS
Knight-Ridder Financial |
The World Bank is planning loans of up to $4 billion over 10 years to assist Mexico in financing env
BIG JUMP FORECAST IN US TRADE DEFICIT WITH CHINA FOR '93
Richard Lawrence |
The U.S. merchandise trade deficit with China will jump to a record $23 billion this year, up about
Maritime
CONGRESSIONAL NEGOTIATORS PLAN TO CONTROL TOBACCO IMPORTS
Doug Palmer |
Congressional negotiators tentatively agreed to a provision aimed at reducing U.S. tobacco imports,
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
ETHYLENE PRODUCTION INCREASES 3.8 PERCENT IN USWASHINGTON - U.S. second-quarter ethy
PRIME MINISTER CALLS FOR MEASURES TO SAVE RUSSIA'S '93 GRAIN HARVEST
Reuters |
Russian Prime Minister Viktor Chernomyrdin called Thursday for urgent measures to save what could be
INSURERS SEEK SPACE, NOT STAKES, IN LLOYD'S
William Pitt |
U.S. and European insurance companies are flocking to Lloyd's of London, but what they desire is not
BARGES MAY BE SNARLED UNTIL FALL RAIL LOSES KEY MISSOURI BRIDGE
Rip Watson |
Barge interruptions on the rain-swollen Missouri River may last through the end of the summer, the U
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange July 29, 1993Brent Crude Oil - (Dollars Per Barrel)
JAPAN'S OPPOSITION PARTIES TO WATCH ECONOMY CLOSELY
Reuters |
Opposition parties seeking to form a coalition government will monitor the economy closely, said Tsu
Maritime
CLEAR SKIES FAIL TO BRIGHTEN GRAIN SHIPPERS' PLIGHT
Gregory S. Johnson |
Despite improving weather, midwest grain shippers expect problems to persist until barge traffic res
DOLLAR SOARS AS GERMAN MOVE REFUELS EC CURRENCY TURMOIL
Alan Zimmerman |
The U.S. dollar rose sharply Thursday as the failure of the German Bundesbank to cut its discount ra
TEAMSTER OFFICIALS USE REPORT TO BACK CAREY CLAIMS
Dane Hamilton |
A scathing report by a government oversight panel was used by two top "old guard" Teamsters official
BRAZIL CREATES NEW CURRENCY TO REPLACE THE CRUZEIRO
Ian Simpson |
Brazilian President Itamar Franco ordered a new currency Wednesday to replace the inflation-weakened
US STEEL RULINGS IMPERIL PROSPECTS FOR INTERNATIONAL TRADE AGREEMENT
Richard Lawrence |
The prospect of an international free-trade accord in steel remains uncertain in the wake of the U.S
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
WASHINGTON COUNCIL OKS NEW POWER PLANTSEATTLE - The Northwest Power Planning Council
COMEX METAL WAREHOUSE
JOC Staff |
July 29, 1993 Copper Total, 114,510. Gold Total, .2,402,102.Silver Total, .27
LA, LONG BEACH READY TO BUTT HEADS OVER FOREIGN TRADE ZONE APPLICATION
Kevin G. Hall |
Two normally cooperative Southern California ports are on a collision course over the Port of Los An
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
INTREPID MUSEUM OFFERS CONFERENCE CENTERNEW YORK - The USS Intrepid, a retired aircr
Maritime
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
HERCULES POSTS RISE IN 2ND-QUARTER PROFITWILMINGTON, Del. - Hercules Inc. earned $54.7 milli
COMPROMISE BUDGET PLAN TO INCLUDE A MOTOR FUEL TAX OF 6 TO 7 CENTS
Stephanie Nall |
A gasoline and diesel tax of 6 to 7 cents will be included in a compromise budget package that the t
INSIDE TALK - IRA ROSENFELD THIS WEEK'S MAIN EVENT PITS TEAMSTERS' CAREY AGAINST GIANT UPS
Ira Rosenfeld |
Two years ago Ron Carey drove across the country pleading his case with his Teamster brethren arguin
NAFTA PARTIES HAMMER OUT TENTATIVE LABOR AGREEMENT
John Maggs |
The United States, Canada and Mexico have agreed in principle on the text of an unprecedented labor
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/29 7/28 Change % Change: 7/6
MERCK TO PURCHASE MEDCO WITH DEBT-EQUITY FINANCING
Knight-Ridder Financial |
Merck and Co. executives told analysts here Wednesday that they expect financing of their $6 billion
GERMAN, FRENCH FUTURES EXCHANGES PLAN COST-CUTTING, GLOBAL ALLIANCE
Reuters |
The German futures and options exchange Deutsche Terminboerse said it and its French counterpart Mat
HOPING TO STEM A TIDE OF RED INK, NEW CAPTAIN HEADS FOR KLOSTER HELM
Ted Reed |
Adam Aron has seen what a new executive can do to repair a troubled company. He was at Weste
Maritime
AEROMEXICO TO LAY OFF 500 PEOPLE IN CARGO UNIT
William Armbruster |
Aerovias de Mexico will reduce its cargo work force by 500 people in the coming weeks, the company s
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