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SOUTH PACIFIC CARRIERS VIE FOR AUSTRALIAN WINE TRAFFIC
Kevin G. Hall |
Trying to earn profit on the world's longest trade lane can drive one to drink, but carriers plying
API WEEKLY REPORT US CRUDE OIL STOCKS DECLINE
Journal of Commerce Staff |
Crude oil inventories fell 6.3 million barrels in the week ended July 23 compared with the previous
COST OF CREDIT
JOC Staff |
Wednesday, July 28, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
MOBIL EXPANDS OUTPUT OF PLASTIC-WOOD COMPOSITE
Ira Breskin |
Mobil Chemical Co. begins this week to produce Timbrex composite lumber at a second company plant, e
14 FORMER OFFICIALS OF MEBA PLEAD NOT GUILTY IN MERGER CASE
Tim Shorrock |
Fourteen former officials of one of the country's largest maritime unions Wednesday pleaded not guil
Maritime
PITTSTON SHAREHOLDERS APPROVE STOCK SPLIT
Journal of Commerce Staff |
Shareholders in the parent of Burlington Air Express Monday approved a plan creating two separate cl
BROKERS' HOPES FOR JAPAN RAIL OVERBLOWN, ANALYSTS SAY
Reuters |
Japanese brokers are scurrying to attract investors to shares of East Japan Railway Co. in the hope
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange July 29, 1993Prev. Life of Contr. OpenOpen Hi
CONSTRUCTION ACCIDENT CUTS POWER IN CONN. CITY
Reuters |
A construction accident touched off an underground explosion Tuesday and left the downtown district
AMOCO GAS CURBS SERVICE AFTER TEXAS BLAST, FIRE
Knight-Ridder Financial |
Amoco Gas Co. has curtailed about 50 million cubic feet a day of natural gas service to three custom
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
STANDARD & POOR'S REPORT QUESTIONS LLOYD'S CLAIMS-PAYING ABILITIES
William Pitt |
Standard & Poor's Corp., the credit-rating agency, dealt a new blow to the beleaguered Lloyd's of Lo
DOLLAR IS STEADY AHEAD OF GERMAN RATE DECISION
Alan Zimmerman |
The U.S. dollar held steady Tuesday in a slow market, as traders and investors awaited the Bundesban
FEISTY JAPANESE DISCOUNTER BATTLES NATION'S COMPLICATED RETAIL SYSTEM
Diane Lin |
Kawachiya, a Japanese discount company, said it will file a complaint against Kanebo Ltd., the leadi
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
The giant E.I. du Pont de Nemours & Co. has long had the reputation of being just about the shrewdes
Maritime
MARINE CARGO SURVEYOR JOINS WITH RUSSIAN FIRM
Margo D. Beller |
One of the largest independent marine cargo survey firms in the United States has forged a partnersh
FLOOD HOLDS KANSAS CITY RAIL LINES HOSTAGE WEATHER PROSPECTS BRIGHTEN ELSEWHERE
Ira Rosenfeld |
Floods that have cut a destructive swath through the nation's midsection seized the railroad industr
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
AIR FRANCE NEEDS MORE AID, OFFICIAL SAYS
Special to The Journal of Commerce |
New measures will have to be taken to help Air France get back into the blackbecause previou
CANADIAN FISHERMEN PROTEST LAW, BAR RUSSIAN SHIP FROM UNLOADING
Reuters |
A fleet of about 100 fishing boats blocked a Russian ship from unloading its supply of frozen cod Mo
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/27 7/26 Change % Change: 7/1
SPOT PRODUCT PRICES
JOC Staff |
July 27, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
ANGRY ALASKAN WHALERS VOW TO BLOCK ARCO WELLS
Yereth Rosen |
Angry at federal approval for exploratory drilling in the whale-rich Beaufort Sea, Alaskan Inupiat E
LA. AGENCY, BARGE LINES AGREE ON HARBOR FEE CUT
Tim Sansbury |
A group of the nation's largest barge companies and the South Louisiana PortCommission reach
Maritime
PAKISTAN NAVY BUYS SIX USED UK FRIGATES
Reuters |
The Pakistan navy has bought six used British Type-21 frigates that will help to replace eight U.S.
Maritime
CHURCHILL TRUCK EMPLOYEES ACCEPT 10 PERCENT WAGE CUT
Dane Hamilton |
Union workers at Churchill Truck Lines Inc. have approved a 10 percent wage- reduction plan in excha
CORRECTION
JOC Staff |
The article headlined "Union Pacific, Hub Ink Intermodal Pact," which appeared on Page 3B on Friday,
US TO SLAP STEEP DUTIES ON SOME STEEL
Richard Lawrence |
The U.S. International Trade Commission on Tuesday voted to imposeprohibitive duties on most
TRADE BRIEFS
From Wire and Staff Reports |
TAIWAN-CHINA TRADE INCREASES MARKEDLYTAIPEI, Taiwan - Indirect trade between Taiwan and Chin
Maritime
3-WAY MERGER INCREASES CANADIAN UNIONS' POWER
Journal of Commerce Staff |
The decision by Canada's energy and chemical workers to affiliate with that nation's communications
GRAIN TRADE GROUP URGES ESPY TO KEEP LOAN RATES LOW
Doug Palmer |
U.S. grain industry officials urged the U.S. Agriculture Department to set loan rates for corn and w
FLORIDA TEAM TO CRACK DOWN ON SHODDY WORK AFTER STORM
Reuters |
Miami prosecutors Monday announced a special strike force to crack down on roofers, builders and con
KEMPER UNITS DONATE $10,000 TO FLOOD RELIEF
Journal of Commerce Staff |
Kemper Financial Services Inc., Kemper Life Insurance Cos. and Kemper Securities donated $10,000 to
INSURANCE BRIEFS
From Wire and Staff Reports |
ZURICH-AMERICAN UNIT, ERIC IN ALLIANCEENGLEWOOD, Colo. - ERIC Group Inc. and a division of Z
PEOPLE - MARITIME
Wire and Staff Reports |
WALLENIUS HOLDINGS INC. (Woodcliff Lake, N.J.) - Several recent management changes were announced:
Maritime
DOT TO WRITE OUT UK ROUTE AWARDS JOURNAL OF COMMERCE STAFF
JOC Staff |
The Department of Transportation said it will use a written show-cause proceeding, rather than an or
ST. LOUIS UTILITY DOUBTS FLOOD, STRIKE WILL WREAK FINANCIAL HAVOC
Robert Steyer |
Ronald C. Zdellar remembers a violent windstorm 12 summers ago that knocked out service for 130,000
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
TRADE BRIEFS
From Wire and Staff Reports |
TAIWAN, SOUTH KOREA AGREE ON UNOFFICIAL TIES TAIPEI, Taiwan - Taiwan and South Korea agreed
Maritime
ANZOIL OPTIMISTIC ON HANOI BASIN VENTURE
Knight-Ridder Financial |
West Australian oil company Anzoil Tuesday said it expects oil reserves at individual fields in the
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