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SPOT COMMODITIES
JOC Staff |
June 21, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
RECESSION, HIGH COTTON PRICES UNRAVEL PAKISTAN INDUSTRY
N. Vasuki Rao |
Pakistan's cotton textile industry appears to be in the grip of crisis, with some sectors shutting d
Maritime
FRENCH FIRM TO BUILD "TOMB' FOR CHERNOBYL REACTOR
Rostislav Khotin |
Campenon Bernard SGE, a French firm, was declared the winner Friday of a competition to design and b
DRUG COMPANIES SAID TO BE SEEKING MARKETING ALLIANCES
Gail Fitzer-Schiller |
Scrambling to protect profits under President Clinton's plan for health-care reform, some drug compa
COLO.'S EMBATTLED SYNTEX SHELVES EXPANSION PLANS
Jim Sheeler |
The controversial expansion of Syntex Chemicals Inc. has been put on indefinite hold, but the debate
EX-SOVIETS MAKE INROADS IN SILICON VALLEY
Brian Johns |
Nine years ago, Stepan Pachikov hadn't even seen a personal computer. Today, his company - P
SUBMARINE BASE ALERT SPARKS INQUIRY
JOC Staff |
An inquiry is under way into a full-scale nuclear alert, which was called at a British Polaris subma
Maritime
RUSSIA TO FREE COAL PRICES JULY 1 TO GET RATES NEAR MARKET LEVELS
Reuters |
Russia will free coal prices from July 1 to bring them closer to market levels and will scrap some e
CLINTON, CONGRESSIONAL LEADERS PLOTTING STRATEGY FOR NAFTA PASSAGE
John Maggs |
President Clinton said Monday that he has begun meeting quietly with congressional leaders to plot a
Maritime
SPOT PRODUCT PRICES
JOC Staff |
June 21, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
COMEX METAL WAREHOUSE
JOC Staff |
June 21, 1993 Copper Total, 106,049. Gold Total, .2,249,286.Silver Total, .27
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/21 6/18 Change % Change: 5/26
UK INSURERS GETTING BACK ON TRACK AFTER SLASHING LOSSES
William Pitt |
British insurers staged a strong recovery in 1992, but they still incurred a market-wide loss, the A
P&I CLUBS TO DEBATE LIABILITY LIMITS FOR NON-OIL CLAIMS ON INSURANCE
Margo D. Beller |
The issue of whether to limit a Professional & Indemnity club's involvement in most claims will lead
EC TRUCKERS BRACE FOR NEW ERA OF COMPETITION
Bruce Barnard |
European transport companies are bracing for a new era of competition following a landmark accord to
SWEDEN APPROVES CANCER DRUG TAXOL
Reuters |
Sweden is the first country in Europe to approve Taxol, a drug that could revolutionize treatment of
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CATERPILLAR INC. (Peoria, Ill.) - James W. Owens is assuming the responsibilities of Charles E. Rage
BATTELLE TECHNIQUE PINPOINTS OIL POLLUTER
JOC Staff |
Battelle researchers have developed a technique to determine the origins of oil-based hazardous wast
CANADIAN EXPORTS ROSE TO RECORD LEVEL IN APRIL
Leo Ryan |
Stimulated by strong demand in the United States and a weakening currency, Canadian exports reached
Maritime
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending June 18, 1993.
COAL TERMINAL REPORT
JOC Staff |
June 21, 1993 This table shows the vessels scheduled to call at U.S. coal terminals andthe e
EXXON COAL SUES UTILITY FOR BREACH OF CONTRACT
Jim Gallagher |
The battle to save 300 mining jobs in Albers, Ill., took another twist this week as mine owner Exxon
RUSSIA, UKRAINE AGREE TO SPLIT BLACK SEA FLEET
Anatoly Verbin |
Russian President Boris Yeltsin and Ukrainian leader Leonid Kravchuk agreed over the weekend to spli
Maritime
SUGAR FUTURES DIP ON INDIA NEWS
Knight-Ridder Financial |
Sugar futures fell slightly here in trading Monday, the market continuing to react to India releasin
LAYOFFS AT BOEING RISE DRAMATICALLY
Tacoma Morning News Tribune |
Layoffs at Boeing Co. escalated sharply in the past month as 924 workers were let go, and nine out o
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
SEEDS OF CHANGE ARE SLOW TO SPROUT IN RUSSIA'S FARM BELT
Stephen Seplow |
Back when he worked on a collective farm, Pyotr Petrov says, "you'd come to work and the foreman tol
MARITIME BRIEFS
From Wire and Staff Reports |
IDLE TONNAGE DECLINES TO 4.6 MILLION TONSLONDON - Tankers and combined tonnage laid
Maritime
DAILY PETROLEUM PRICES
JOC Staff |
Monday June 21, 1993 Prevailing sellers' posted prices at the close of business, representin
26.5 PERCENT DROP FORECAST FOR RUSSIA IN FOREIGN TRADE TURNOVER
Knight-Ridder Financial |
Russian foreign trade turnover is likely to drop by 26.5 percent in the first half of this year from
JAPAN TOP DOG, BUT SLIPPING US 2ND IN COMPETITIVENESS
Journal of Commerce Staff |
Japan remains the world's most competitive industrial nation, but is slipping while the United State
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of June 19, 1993* Country Category Description
Maritime
CATERPILLAR, PACCAR TO MAKE HEAVY TRUCKS IN FORMER SOVIET UNION
Gregory S. Johnson |
Heavy equipment manufacturer Caterpillar Inc. and truck builder Paccar Inc. have joined Russian auto
SP TO BUY LOCOMOTIVES FROM EMD
Journal of Commerce Staff |
Southern Pacific Lines, which has been plagued by power shortages that affected freight service, sai
COURT RULES PENSION CASE SHOULD BE RECONSIDERED
Journal of Commerce Staff |
The U.S. Supreme Court told the Third Circuit Court of Appeals to reconsider a pension fund liabilit
OIL PRICES COULD DECLINE 30 CENTS FROM DISAPPOINTING OPEC DEAL
Andrea Orr |
Lingering questions about how much oil the Organization of Petroleum Exporting Countries will put on
CLINTON TO PUSH BROAD ENERGY TAX, CAPITAL GAINS RELIEF, AIDES SAY
Steve Marcy |
President Clinton will continue to press for a "broad-based energy tax" and for his original capital
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 21, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
S. AMERICA SEEKING TO BRIDGE A TRADE GAP
Paula L. Green |
Plans for a bridge stretching nearly 30 miles across the muddy waters of the Rio de la Plata is expe
COMMERCE RULES OUT AGREEMENTS TO AVOID POSSIBLE US PENALTY DUTIES
Richard Lawrence |
Commerce Secretary Ronald Brown has ruled out agreements with foreign steel exporters or their gover
Maritime
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