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SURINAME STARTS FLOATING GUILDER
Knight-Ridder Financial |
Suriname began floating the guilder on Tuesday, with the exchange rate determined by supply and dema
Maritime
SWISS SEEK TAX ON HEATING OIL
Knight-Ridder Financial |
The Swiss government is seeking to introduce an environmental tax to the value of 20 francs ($13.75)
ARGENTINE STATE OIL COMPANY WORTH $8 BILLION, MENEM SAYS
Knight-Ridder Financial |
Argentine President Carlos Menem said state oil company Yacimientos Petroliferos Fiscales, 70 percen
ALASKAN CARGO CARRIERS AWAIT FLOOD OF HALIBUT
John Davies |
Shipping lines and air carriers are bracing to receive millions of pounds of fresh halibut this week
Maritime
REGULATORS MAY SEIZE PHILADELPHIA COMPANY
Andrew Cassel |
After reinsurers objected to the terms of a merger between American Integrity Corp. and another insu
CONGRESSMEN OPPOSE MFN STATUS FOR CHINA
Richard Lawrence |
A congressional effort to deny "most-favored-nation" trade status to China remains alive, despite Pr
Maritime
SEAMEN'S CHURCH AIDS INDONESIANS
Journal of Commerce Staff |
The Seamen's Church Institute (SCI) said it is assisting the Indonesian seafarers who were arrested
Maritime
NY TO GET $6 MILLION US GRANT FOR RETRAINING OF IBM WORKERS
Journal of Commerce Staff |
The U.S. Department of Labor will provide a $6 million grant to the state of New York to provide ret
Maritime
JAPANESE TRADERS AWAIT OIL-PRODUCT DEREGULATION
Lisa Twaronite |
Oil-product exports from Japanese refineries, currently strictly limited by the Ministry of Trade an
COMEX METAL WAREHOUSE
JOC Staff |
June 8, 1993 Copper Total, 108,877. Gold Total, .2,230,425.Silver Total, .273
MINN. RAILWAY RECALLS WORKERS AS ORE SHIPPER RESUMES OUTPUT
Gregory S. Johnson |
Duluth, Missabe and Iron Range Railway, forced to lay off over 200 workers last year and this follow
TRANSPORT BRIEFS
From Wire and Staff Reports |
ATA TAKES OVER SAFETY CERTIFICATIONALEXANDRIA, Va. - The American Trucking Associati
SENATOR PREPARED TO FIGHT IF DOT CLASSIFIES EDIBLE OILS AS HAZARDOUS
Stephanie Nall |
Sen. Richard Lugar said that if the Department of Transportation does not withdraw a proposal to cla
TRADE TALK - ROSALIND MCLYMONT SOMEONE HAS TO MAKE THE WEDDING DRESS AND THE TUXEDO
Rosalind McLymont |
It's a $46.9 billion-a-year-and-growing industry in Japan, and bold will be the one who raises the f
Maritime
HONG KONG INVESTOR LINKS CHINA FIRM, WALL STREET
Jeffrey Parker |
Chinese enterprises' thirst for foreign capital has spawned yet another approach to overseas fund ra
Maritime
CANADA OUTPACES LATIN AMERICA AS TOP TRADE PARTNER
Janet Plume |
The focus of Florida's trade community may be on the Caribbean and Latin America, but Canada lays cl
FED DISCOURAGES FOREIGN BANKS FROM SETTING UP SHOP IN FLORIDA
Janet Plume |
The Federal Reserve Board is sending a negative message to foreign financial institutions anxious to
INSIDE TALK - CRAIG DUNLAP REJECTED STEVEDORE SAYS HE WAS PLANNING UNIONIZED OPERATION
Craig Dunlap |
The fact that the Port Everglades Authority Commission last week rejected the stevedoring franchise
Maritime
4-WAY ACCESS PACT POSSIBLE, JAPAN SAYS
JOC Staff |
Japan, the United States, Canada and the European Community are likely to reach agreement on market-
Maritime
GASOLINE PRICES
JOC Staff |
June 8, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
ENERGY BRIEFS
From Wire and Staff Reports |
CLINTON NOT WEDDED TO TERM 'BTU TAX'WASHINGTON - President Clinton said Tuesday he w
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
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