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ENERGY BRIEFS
From Wire and Staff Reports |
JAPAN PLANS TO CUT UTILITIES' USE OF CRUDEJapan will substantially reduce its dependence on
TRADING WITH BOLIVIA NEW PRESIDENT OF BOLIVIA MAY SPEED UP PRIVATIZATION
Kenneth Wolf |
Bolivia is expected to keep running on the road to privatization - and may even pick up the pace - u
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 217.33 off 0.68 which compares
CANADA'S LAIDLAW PLANS CHEMICAL WASTE KILN
Ira Breskin |
By late 1995, Laidlaw Environmental Services Ltd. hopes to begin operating a state-of-the-art kiln d
RUSSIA EXPECTS TO BOOST OIL EXPORTS, FURTHER CROWDING THE GLOBAL MARKET
Brian Killen |
World oil markets, where alarm bells are ringing among producers over a threatened glut, may have to
2ND CARRIER IN A MONTH ENTERS TRADE BETWEEN US AND BLACK SEA PORTS
Peter M. Tirschwell |
Signaling the shipping industry's optimism about economic prospects behind the former Iron Curtain,
Maritime
MARAD MAY TOUGHEN REFLAGGING CRITERIA POLICY MIGHT INCLUDE MARITIME LABOR CONSIDERATIONS
Tim Shorrock |
The U.S. Maritime Administration is considering new and potentially tougher criteria, including econ
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
INDIA DEPUTIES DIVIDED ON FOREIGN-BANK PENALTY
Reuters |
A parliamentary committee investigating India's worst financial scandal is divided over what punishm
MIYAZAWA TO RESIGN TODAY AS JAPAN'S PRIME MINISTER
Eugene Moosa |
Japanese Prime Minister Kiichi Miyazawa will formally announce his resignation today after a humilia
Maritime
1ST-HALF GAS OUTPUT FELL IN FORMER USSR
Knight-Ridder Financial |
Natural gas production in the former Soviet Union fell 1.9 percent to 318,377 million cubic meters i
EC MAY PUT DUTY ON AUSTRIAN TVS
Journal of Commerce Staff |
The European Community Commission is planning to take "revenge" on a company that closed a plant in
Maritime
NEW HAVEN RESIDUAL FUELS
JOC Staff |
July 21, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
EDEN AIR FREIGHT SHUTTING DOWN
Journal of Commerce Staff |
Eden Air Freight is shutting down less than six months after it was acquired by CRST International,
BONN BALKS AT CZECH BID TO EXPAND STRETCH OF ELBE
Miriam Widman |
Germany is balking at a request by the Czech government to expand the Elbe River to allow larger ves
LITHUANIAN OIL REFINERY STRUGGLES TO STAY AFLOAT
Janet Guttsman |
In the old days, in 1991, Lithuania's big Mazeikiai oil refinery supplied the Baltic states and all
SUPPORTERS LAUNCH LETTER CAMPAIGN TO PUSH NAFTA THROUGH CONGRESS
Brian Johns |
Supporters of the North American free-trade agreement have kicked off a ''grass-roots" letter-writin
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 21, 1993 Prevailing sellers' posted prices at the close of business, represen
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/21 7/20 Change % Change: 6/2
SRI LANKA TAKES ACTION TO DEVELOP ITS FLEDGLING ELECTRONICS INDUSTRY
Rohan Gunasekera |
Sri Lanka wants to develop its fledgling electronics industry to help propel the island into the 21s
INSURANCE BRIEFS
From Wire and Staff Reports |
STATE REGULATORS SEIZE MIAMI P/C INSURERMIAMI - State regulators on Tuesday took con
REST OF NATION WILL END UP PAYING FOR LACK OF FLOOD COVER
Peter G. Gosselin |
Midwesterners who have had enough flooding to last a lifetime are about to discover they do not have
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,230-$1,260per ton lots &
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
CANADA'S RAIL STRIKE UNLIKELY TO STOP COPPERJapanese buyers of copper concentrate are unlike
NONFERROUS METALS READY FOR UPSIDE MOVE, TRADERS SAY
From Wire and Staff Reports |
Nonferrous metal prices were mostly higher Wednesday as traders focused on expectations of higher pr
COCA-COLA UNCAPS PLAN TO BUILD BOTTLING PLANTS IN CHINESE VENTURE
P.T. Bangsberg |
Coca-Cola Co. announced Wednesday a joint venture with locally based Kerry group to invest in bottli
Maritime
JAPAN MAY OFFER DEAL TO US IN BID TO END UNITED DISPUTE
Mark B. Solomon |
Japan's aviation negotiators likely will press the United States to drop threatened sanctions agains
FRANCE READIES FARM POLICY PAPER
Tara Patel |
France is preparing an agriculture policy document in hopes of influencing European Community foreig
Maritime
ARRAIGNMENT SET FOR NEXT WEEK FOR 16 FORMER MEBA OFFICIALS
Tim Shorrock |
Sixteen former officers of a key maritime union will be arraigned in federal court next week on char
Maritime
"K' LINE, MITSUI RESTRUCTURE TRANS-PACIFIC JOINT SERVICE
Journal of Commerce Staff |
Two Japanese ship lines - Kawasaki Kisen Kaisha and Mitsui O.S.K. Lines - have finished restructurin
Maritime
AMR REBOUNDS, POSTS $47 MILLION PROFIT
William Armbruster |
In a sharp turnaround, AMR Corp., parent of American Airlines, earned $47 million, or 39 cents a sha
HOUSE PASSES MARAD, FMC BUDGETS
WILLIAM DiBENEDETTO |
The House easily approved a $22.7 billion budget measure that cuts the Federal Maritime Commission's
Maritime
SKYROCKETING GROWTH IN POPULATION HAMPERS CHINESE ECONOMY, AIDE SAYS
Reuters |
The growth of China's population - the world's biggest - is holding up economic development and stra
UK CONSUMER CONFIDENCE STABILIZES
Reuters |
Consumer confidence in Britain stabilized in July after June's large falls, the Gallup polling organ
INSURANCE EARNINGS
From Wire and Staff Reports |
CHUBB INCOME JUMPED IN THE SECOND QUARTERWARREN, N.J. - Chubb Corp. reported an incr
NYC CRIME PROMPTS PARENTS TO BUY MURDER COVER FOR CHILDREN
Charles M. Sennott |
In New York City's deadliest neighborhoods, a morbid phenomenon has emerged - murder insurance for c
BRAZIL TO WAIT ON TARIFF FOR SEED-COTTON IMPORTS
Patricia Saldanha |
Brazil will hold off for now on adoption of a 10 percent import tariff on seed cotton in order to st
MIDWEST TRANSPORT CREEPING CLOSER TO NORMAL SERVICE DETOURS, DELAYS STILL PLAGUE RAILS, HIGHWAYS
Journal of Commerce Staff |
The U.S. midsection's waterlogged rail and highway network, while slowly improving operations, was s
COST OF CREDIT
JOC Staff |
Wednesday, July 21, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DISPATCHERS, RAIL ENGINEERS CONSUMMATE UNION MERGER
Journal of Commerce Staff |
The Brotherhood of Locomotive Engineers (BLE) and the American Train Dispatchers Association merged
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