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LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) June 21, 1993Bid AskedCopper_
QUICK FLUCTUATIONS A HAZARD IN CALIFORNIA CATTLE MARKET
Laura M. Holson |
Cattle buying these days is a relative roller coaster: Rejoice at the high prices, bear the lows and
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
TAP CHIEF SAYS RESCUE PACKAGE IS CRITICAL TO KEEP AIRLINE ALOFT
Reuters |
Portuguese national airline TAP will have to close by the end of this year unless the government giv
TAIWAN COULD ACT TO CURB HEAVY OUTFLOWS OF CAPITAL
Reuters |
Restrictions may be placed on how much local firms can invest in other companies, the Economics Mini
US DOLLAR RISES ON TALK OF CUT IN GERMAN RATE, TOKYO TURMOIL
Alan Zimmerman |
The U.S. dollar rose Monday, extending Friday's rally on expectations of a German interest rate cut
POLITICAL UNREST CASTS DOUBT ON AZERBAIJAN OIL DEAL
Knight-Ridder Financial |
The political turmoil in Azerbaijan has cast doubt on whether an important oil deal will go through
TRANSPORT BRIEFS
From Wire and Staff Reports |
PRICE-FIXING SETTLEMENT GETS FTC APPROVALWASHINGTON - The Federal Trade Commission h
NIH DIRECTOR OPPOSES SANDOZ-SCRIPPS DEAL
Reuters |
The director of the National Institutes of Health is opposing a proposed agreement that would give S
FRANCE WANTS EC TO ACT ON ILLEGAL TEXTILE IMPORTS
Tara Patel |
France will press for action against illegal textile imports at this week's European Community summi
Maritime
COTTON MERCHANT'S PERSONAL ASSETS WILL BE SOLD TO PAY BUSINESS DEBT
Alan Salomon |
A U.S. Bankruptcy Court judge ordered Julien Hohenberg's personal holdings seized and sold to satisf
ITALY'S FERRUZZI GROUP TRIPPED UP BY AMBITION
Richard Waddington |
Italy's Ferruzzi Group, the family firm that mushroomed into a multinational then buckled under its
SUPREME COURT UPHOLDS BROWN & ROOT PENALTY
WILLIAM DiBENEDETTO |
The Supreme Court Monday let stand a $4 million punitive damage award against Brown & Root Inc. in a
Maritime
HOUSE PANEL BACKS DOWNSTREAM MISSOURI RIVER USERS
Tim Sansbury |
The House Appropriations Committee has given a boost to downstream Missouri River users that don't w
Maritime
SOUTH CAROLINA SEEKING TRADE ZONE EXPANSION
Journal of Commerce Staff |
The South Carolina State Ports Authority wants to expand one of its two foreign trade zones to encom
Maritime
FLAWS ARE ALLEGED IN COAST GUARD'S TESTING OF TRAINEES INCONSISTENCY HIT IN CHEATING TRIAL
Allen R. Wastler |
Testimony in a case involving an alleged conspiracy among state pilot trainees to cheat on their fed
Maritime
CHINA MOVES TO ESTABLISH AN EXPORT-IMPORT BANK
P.T. Bangsberg |
Work is under way to create an export-import bank in China, described by one official as intended to
SUGAR OUTPUT ESTIMATES DROP FOR SOUTH AFRICA
Knight-Ridder Financial |
Forecasts for South Africa's sugar crop have been revised down to between just 1.2 million and 1.3 m
LLOYD'S REPORTS SOME GOOD NEWS ON EVE OF BIG LOSS
Reuters |
The Lloyd's of London insurance market, about to report a record loss that could ruin many of its me
INSIDE TALK - ALLEN WASTLER SHIP USERS, PILOTS IN SAN FRANCISCO BAY BEGIN PAY-RAISE RITUAL
Allen Wastler |
Everybody wants a raise (you reading this, boss?). The usual rule in asking for one is start high an
Maritime
NS-CONRAIL VENTURE ORDERS 200 LARGER INTERMODAL UNITS
Rip Watson |
Triple Crown Services Inc. of Fort Wayne, Ind., has ordered 200 53-foot intermodal units with interi
SOUTH KOREA VOWS TO ACT ON ILLEGAL LABOR MOVES
Reuters |
South Korea, concerned with the rapid spread of labor unrest through the giant Hyundai Group, said M
Maritime
SHOP AROUND AND SAVE MONEY, CALIFORNIA CONSUMERS ADVISED
Pam Slater |
California Insurance Commissioner John Garamendi borrowed a line from singer Smokey Robinson, tellin
TRADE BRIEFS
Wire and Staff Reports |
INDUSTRIALIZED COUNTRIES' STEEL OUTPUT INCHES UPBRUSSELS, Belgium - Industrialized c
Maritime
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
MERCK HIKES PRICES ON 23 DRUGS BY 4.2 PERCENTMerck and Co., amid intense scrutiny over possi
BALTIC FREIGHT INDEX
JOC Staff |
1518 (June 21, 1993) Previous day - 1522 The Baltic International Freight Futures Market in
Maritime
TOP US ADMIRAL OPPOSES PLANS TO REDUCE CARRIER FLEET TO 10
Charles Aldinger |
The Navy's top admiral is fighting a push by the Clinton administration to slash the number of U.S.
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
PROBE BEGINS IN COLLISION OF TANKER, CONTAINERSHIPAn investigation was under way Mon
Maritime
NOL POISED TO EXPAND IN SOUTHEAST ASIA SHIP LINE PLANS SWEEPING SERVICES
Alice Cantwell |
With Southeast Asia and the subcontinent of India continuing to expand in international trade, Neptu
Maritime
CHINA CRITICISM OF JOINT VENTURES MAY FORESHADOW STRICTER CONTROLS
P.T. Bangsberg |
While foreign money has poured into China in response to official blandishments, Chinese authorities
Maritime
EUROPE MAY NEED LURES FOR PRIVATIZATION SHARES
Caroline Allen |
European governments, expecting $100 billion to $150 billion in privatization stock issues up to 199
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 205.50 off 0.08 which compares w
UNION CARBIDE SELECTED TO CONSTRUCT 250-FACTORY COMPLEX FOR KUWAIT
Reuters |
Kuwait has selected Union Carbide Corp. to construct a $2.3 billion petrochemical complex, signaling
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 21, 1993 Quotations are based on prices reported in the market or obtained from s
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
TRANSPORT BRIEFS
From Wire and Staff Reports |
SLATER TAKES OFFICE AS FHWA ADMINISTRATORRodney Slater has officially taken office as admini
NON-EC TRADE GAP NARROWS FOR BRITAIN
Reuters |
Britain's visible trade deficit with countries outside the European Community fell to UK769 million
KOHL DISMISSES UNIONS' PROTESTS, URGES LONGER GERMAN WORK HOURS
Kirsten Ridley |
Chancellor Helmut Kohl and his center-right coalition brushed aside protests by the country's unions
Maritime
TRADE TALK - CHARLES THURSTON BUSINESS GROPES FOR POLITICALLY CORRECT S. AFRICA TRADE STANCE
Charles Thurston |
U.S. importers, exporters and investors doing business in South Africa or - more likely - thinking a
Maritime
TRADE BRIEFS
Wire and Staff Reports |
G-7 MINISTERS AGREE TO CUT RUSSIAN FUNDThe Group of 7 industrial nations agreed to set up a
Maritime
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