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DAILY PETROLEUM PRICES
JOC Staff |
Tuesday June 8, 1993 Prevailing sellers' posted prices at the close of business, representin
CIBA-GEIGY SHIFTS ACCOUNTING RULES WILL RESTATE DATA
Ira Breskin |
Ciba-Geigy Ltd., the giant Swiss pharmaceutical and agri-chemical firm, will restate its 1992 earnin
SPOT COMMODITIES
JOC Staff |
June 8, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
LUFTHANSA TO SPIN OFF AIR CARGO UNIT TO FORM $2 BILLION SPECIALIZED CARRIER
Peter M. Tirschwell |
Lufthansa German Airlines, completing a yearlong restructuring, hopes to spin off its cargo operatio
FRANCE ACCEPTS US-EC ACCORD ON OILSEEDS
Bruce Barnard |
France agreed Tuesday to accept a deal between the United States and the European Community on oilse
CORRECTION
JOC Staff |
Rita Hayes is assistant secretary for textiles and apparel at the U.S. Commerce Department. A headli
COST OF CREDIT
JOC Staff |
Tuesday, June 8, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
PEOPLE - TRANSPORT
From Wire and Staff Reports |
CONSOLIDATED RAIL CORP. (Philadelphia) - Donald W. Mattson was named vice president and treasurer. H
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
TRADE FAIRS
Wire and Staff Reports |
NORTH AMERICA Ecopreneurs Expo. June 11-13. Bloomington, Minn. Part of the Ecommunity Festiv
Maritime
YELTSIN SETS FORMAL PRESENTATION OF RUSSIAN APPLICATION TO GATT
Reuters |
President Boris Yeltsin is expected to present Russia's formal application to join the General Agree
Maritime
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 8, 1993 Quotations are based on prices reported in the market or obtained
LABOR RELATIONS BOARD RULES AGAINST DU PONT
Andrea Knox |
In a decision with ramifications for many employers, the National Labor Relations Board has ruled th
SMALL FIRMS GAIN COMPETITIVE EDGE IN US BIOLOGICAL PESTICIDE MARKET
Nelson Antosh |
Making and selling environmentally friendly pesticides is a growing business niche that has yet to a
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 206.29 off 0.53 which compares w
CN NORTH AMERICA TO SPEND $1.6 BILLION ON UPGRADES BY '98
Knight-Ridder Financial |
CN North America will spend $1.6 billion over the next five years on capital improvements to its rai
HIGH-TECH BOOST SOUGHT FOR CHINA'S TOY EXPORTS
P.T. Bangsberg |
Toy exports from China are bounding along, but the industry needs advanced foreign technology to rem
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
There will be no sudden surprises in 1994 for shippers who deal with the 15- member Trans-Atlantic A
ECONOMIC GROWTH FORECAST FOR SWEDEN IN 1994
Cathy Kristiansen |
After three years of recession, the Swedish economy has troughed and will see slight growth next yea
MICHIGAN LOBBYISTS TURN UP HEAT ON CLINTON'S PLANNED ENERGY TAX
Hiawatha Bray |
If some Michigan manufacturers have their way, President Clinton's proposed energy tax will soon be
SPOT PRODUCT PRICES
JOC Staff |
June 8, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
PEOPLE - MARITIME
From Wire and Staff Reports |
HAPAG-LLOYD (AMERICA) INC. (Staten Island, N.Y.) - William J. Keely, senior vice president, retired
Maritime
BRAZIL GROWERS EMPHASIZE QUALITY TO BOOST SHARE OF COFFEE MARKET
Elizabeth Herrington |
Brazil's coffee growers, faced with free-market trade against a backdrop of persistently low prices,
NORWEGIAN SHIPOWNERS SLAM US AID POLICY
Janet Porter |
Norwegian shipowners accused the Clinton administration of squandering vast sums of U.S. taxpayers'
Maritime
COAST GUARD TO DIRECT REMOVAL OF BARGE'S SLUDGE
Journal of Commerce Staff |
The Coast Guard said it will oversee the removal of 135,000 gallons of hazardous sludge from the tan
Maritime
KIRK SWAPS 2 LIFT-ON FOR 3 ROLL-ON VESSELS
Journal of Commerce Staff |
Kirk Line Ltd. has replaced two small lift-on, lift-off vessels with three larger roll-on, roll-off
Maritime
POLL SHOWS JAPANESE EXPORTERS HEDGING LITTLE FOR YEN GAINS
Knight-Ridder Financial |
A Japanese Ministry of International Trade and Industry survey, released Tuesday, showed 42 percent
KUWAIT QUITS BOYCOTT OF FIRMS DOING BUSINESS WITH ISRAEL
WILLIAM MacLEAN |
Kuwait signaled Tuesday it would no longer blacklist foreign firms doing business with Israel in a m
PHILIPPINE CENTRAL BANK MAY BE REPLACED
Knight-Ridder Financial |
Senators here approved a bill late Monday to establish a Central Monetary Authority to replace the e
EUROPEAN CLOUT HELPED DEFEAT PRESIDENTIAL COUP IN GUATEMALA
Andres Oppenheimer |
One of the least noticed - and most interesting - facts of last month's ill- fated presidential coup
Maritime
LATIN ECONOMIES SPUR BOOM IN MIAMI INTERNATIONAL AIRPORT CARGO BUSINESS
Ted Reed |
Who says the boom in Latin America's economies can't go on forever? Certainly not the people
PORTS' FATE HINGES ON POLITICS
Craig Dunlap |
The primary concern for officials at Florida's leading containerports over the past two or three yea
UNRESTRICTED CANADIAN BARLEY SALES EXPECTED TO LOWER PRICES TO GROWERS
From Wire Reports |
U.S. barley farmers fear the anticipated surge in Canadian sales across the border, now that the Can
COCOA PRODUCERS, CONSUMERS SEEK GROUNDS FOR TALKS
Simon Clow |
Cocoa producers and consumers are showing no sign of ending their four-month battle for market domin
SANTA FE PUTS 114 BARTER CARS FROM MEXICAN RAIL IN SERVICE
Journal of Commerce Staff |
Atchison, Topeka & Santa Fe Railway Co. has put in service the first group of new gondola cars recei
INSIDE TALK - LARRY KAUFMAN DEREGULATION REDEFINES FRIENDLY CONNECTIONS BETWEEN RAIL CARRIERS
Larry Kaufman |
Before railroads were deregulated in 1980, there were a number of basic truths, whether or not they
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
YEN'S RECENT GAINS UNLIKELY TO PROMPT JAPANESE RATE CUT
Hideko Morita |
The deflationary impact of the yen's recent gains alone won't likely prompt a discount-rate cut by t
CALIFORNIA MARITIME INTERESTS SEEK STATE DREDGING FUNDS
Allen R. Wastler |
Maritime interests in the San Francisco Bay Area are trying to secure statefunds to speed up
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/8 6/7 Change % Change: 5/13
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