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CUSTOMS CHIEF CALLS TECHNOLOGY KEY TO ENFORCEMENT OF POLICIES
Tim Shorrock |
The new U.S. Customs commissioner Tuesday used his first public speech to assure business groups tha
NJ COURT RULES OWENS' INSURERS LIABLE IN ASBESTOS-RELATED CASES
Brigitte Maxey |
A New Jersey Superior Court ruled that insurers and reinsurers of Owens- Illinois Inc., a former mak
INSURANCE EARNINGS
From Wire and Staff Reports |
FIRST-QUARTER PROFIT FELL AT SEDGWICKLONDON - Sedgwick Group PLC, one of the world's
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 18, 1993 Quotations are based on prices reported in the market or obtained from su
COMEX METAL WAREHOUSE
JOC Staff |
May 18, 1993 Copper Total, 113,069. Gold Total, .1,498,687.Silver To
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
SPOT COMMODITIES
JOC Staff |
May 18, 1993 Included are list prices of suppliers. Quotations do not necessarily represent
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
BREAST CANCER DRUG SAID TO CUT OTHER RISKSORLANDO, Fla. - Long-term treatment with t
FRENCH NEGOTIATIONS SEEK TO AVERT FURTHER DOCK STRIKES AT MARSEILLES
Special to The Journal of Commerce |
French dockworkers and their employers met Tuesday in an effort to ward off further strikes at the P
Maritime
MASSPORT OFFICIAL DEFENDS SKYROCKETING COSTS
Michael S. Lelyveld |
The Massachusetts Port Authority Tuesday defended its double-digit increases in administrative costs
Maritime
VOTE PUTS RATE CONVERGENCE BACK ON TRACK IN EUROPE
John J. Duffy |
A yes vote in the Danish Maastricht referendum Tuesday will put the European interest-rate-convergen
DUTCH OFFICIAL SHRUGS OFF EC CALL ON GAS TRADE
Knight-Ridder Financial |
A Dutch government official Tuesday dismissed European Commission pressures for the creation of a li
CHICAGO MERCANTILE COLLIDES WITH CBT OVER NYMEX PACT
From Wire and Staff Reports |
A cost-sharing venture to develop a new clearing system between the Chicago Mercantile Exchange and
CHINESE EXPECTED TO SEEK COPPER SHIPMENT DELAYS
Deena Beasley |
Suppliers of copper to China expect some difficulties, such as requests to reschedule shipments, fro
QANTAS URGES AUSTRALIA TO LINK US BASES TO AIRLINE ROW
JOC Staff |
Qantas Airways Tuesday urged Canberra to consider using the future of U.S. military bases in Austral
ST. JOHNSBURY SEEKS NEW TEAMSTERS VOTE
Dane Hamilton |
St. Johnsbury Trucking Co.'s managers, failing to convince enough workers to approve a 12 percent wa
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
CHEVRON ANNOUNCES SALE OF OIL MARKETING BUSINESSES
JOC Staff |
Chevron Corp. and companies of the Royal Dutch/Shell Group in Central America have reached agreement
INDIA'S TEXTILE EXPORTS ROSE SHARPLY IN FISCAL 1992-93 DESPITE RECESSION
N. Vasuki Rao |
India substantially increased textile exports during fiscal 1992-93 through last March to US$6.59 bi
Maritime
TRADE FAIRS
From Wire and Staff Reports |
NORTH AMERICA China One-on-One: Let's Make a Deal. May 19. Rosemont, Ill. 12th annual world
Maritime
ROYAL INSURANCE SEEKS DISMISSAL FROM BARGE ACCIDENT COMPLAINT
Margo D. Beller |
Royal Insurance Co. has asked a federal court judge to remove it from the laundry list of defendants
SPEAKER SET FOR PARLEY ON POLLUTION INSURANCE
Journal of Commerce Staff |
Paul Murdoch, assistant vice president of Environmental Compliance Services Inc. of Exton, Pa., will
INSIDE TALK - LARRY KAUFMAN 3 INVESTMENT BANKS JOCKEY FOR POSITION ON SP UNDERWRITING
Larry Kaufman |
Three big Wall Street investment banks are underwriting the $550 million sale of new Southern Pacifi
BALTIC FREIGHT INDEX
JOC Staff |
1603 (May 18, 1993) Previous day - 1597 The Baltic International Freight Futures Market in L
Maritime
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
COMMODITIES SLUMP BATTERS AUSTRALIA DOLLAR
Reuters |
A slump in commodity prices and a pessimistic report on the Australian dollarsent the curren
9.2 PERCENT INCREASE REPORTED IN MALAYSIAN OUTPUT
Knight-Ridder Financial |
Malaysia's industrial production gained 9.2 percent between the first quarter of 1992 and the first
SOLIDARITY THREATENS TO TOPPLE GOVERNMENT
Milan Ruzicka |
While metal workers in Germany are close to settling their dispute with employers, the shipyard work
Maritime
FIBER OPTICS TO LINK US, LATIN AMERICA, EC
Charles W. Thurston |
High-quality telecommunications traffic between Latin America and the United States and beyond to th
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
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
LOSING BIDDER SAYS HE'S STILL INTERESTED IN HOWLAND HOOK
Alice Cantwell |
The stevedore executive who lost his bid to reopen the Howland Hook marine terminal said he still is
Maritime
NORWAY PLANS TO KILL 296 WHALES IN DEFIANCE OF WORLDWIDE BAN
Reuters |
Norway said Tuesday it will kill 296 minke whales this year in defiance of a 1985 worldwide moratori
Maritime
DRUG-RESISTANT DISEASES CREATE MEDICAL CRISIS
Jerry Schwartz |
The world is facing a medical crisis from diseases that have become resistant to most of the common
ASIAN FUTURES
JOC Staff |
May 18, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
HAMBURG GROUP EXPECTED TO BUY GERMANY'S DSR
Miriam Widman |
Eastern German shipping company Deutsche Seereederei Rostock GmbH probably will be sold to a group o
Maritime
APL LAND TRANSPORT GETTING MILEAGE OUT OF NEW STRATEGY ON RAIL CONTRACTS
Allen R. Wastler |
Fundamental changes in the nature of APL Land Transport Services' rail contracts already are produci
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 18, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
JAPANESE BANKER SEES SLOW RECOVERY
Knight-Ridder Financial |
A top Japanese banker said Tuesday the domestic economy may have already bottomed out, but the pace
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