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COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
SOME METAL EXEMPT FROM VALUE-ADDED TAXThe London Metal Exchange said metal placed in customs
FREIGHT RATE FUTURES
JOC Staff |
Mar. 18, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
March 18, 1993 Copper Total, 104,989. Gold Total, .1,403,617.Silver T
DINGELL MIGHT SPIN OFF PORTIONS OF SOLVENCY BILL
Paul Dykewicz |
House Energy and Commerce Chairman John Dingell, D-Mich., told insurance brokers that parts of the c
GERMAN PRODUCER PRICES UNCHANGED IN FEBRUARY
Knight-Ridder Financial |
Producer prices in western Germany were unchanged in February from January and rose 0.5 percent from
HILLS, ASSISTANT OPEN TRADE CONSULTANCY
John Maggs |
Former U.S. Trade Representative Carla Hills and her top deputy have formed a consulting firm to adv
Maritime
CHINA CARRIER BUYS 4 BOEING JETS, PLANS TO ACQUIRE 6 MORE PLANES IN '95
P.T. Bangsberg |
A regional carrier based on China's southern Hainan Island said Thursday it purchased four Boeing 73
CORRECTION
JOC Staff |
The story "J.B. Hunt, CN Ink Intermodal Pact to Haul Cargo Between US, Canada," which appeared on Pa
TRANSPORT BRIEFS
From Wire and Staff Reports |
PILOTS SAID TO OFFER DELTA 5 PERCENT PAY CUTSATLANTA - Delta Air Lines Inc.'s unioni
US POSTAL RATES WILL REMAIN STABLE TILL '95, CONGRESS TOLD
(Reuter) |
U.S. postal rates will not go up again for at least two years, Postmaster General Marvin Runyon told
DESPITE BUDGET GAP, BRITAIN TO SEEK MAASTRICHT TARGETS
Keith M. Rockwell |
Government forecasts of large future budget deficits do not herald abandonment of British efforts to
Maritime
UK DELAYS PUBLICATION OF WHITE PAPER ON COAL
Knight-Ridder Financial |
British Trade and Industry Secretary Michael Heseltine told members of Parliament Wednesday he will
WEEKLY COAL EXPORTS WEEK OF MARCH 8-12, 1993
JOC Staff |
No text.
UNEVEN GROWTH PATTERNS FORECAST FOR NORTH AMERICAN BOX PORTS
Janet Porter |
U.S. South Atlantic container ports are forecast to grow much more quickly than those further north,
Maritime
CBT SEAT LESSEES FACE LIKELY HIKE IN TRANSACTION FEES
WILLIAM B. CRAWFORD Jr. |
In a bid to bolster seat prices, the Chicago Board of Trade's board has voted to dramatically hike t
KEMPER STOCK RISES ON REINSURANCE SWAP PLAN
From Wire and Staff Reports |
Shares of Kemper Corp. were up sharply Thursday after the company announced it will swap its reinsur
INSURANCE BRIEFS
From Wire and Staff Reports |
S&P CUTS RATING OF CRUM & FOSTERStandard & Poor's Corp. said it lowered the claims-paying ab
SPOT CHEMICALS
JOC Staff |
As of Mar. 18, 1993 Quotations are based on prices reported in the market or obtained from s
KEY LAWMAKERS LIKELY TO BACK CLINTON ON SANCTIONS AGAINST JAPANESE AIRLINES
Mark B. Solomon |
Four House Democratic leaders told the Clinton administration they would support the sanctions it is
COST OF CREDIT
JOC Staff |
Thursday, March 18, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
INDIAN SHIPBREAKERS LURE JAPANESE FROM KOREA
N. Vasuki Rao |
The country's shipbreaking industry is set to get a boost with a Japanese company shifting operation
Maritime
FMC CHIEF WANTS REPEAL OF TARIFF SYSTEM USER FEE
WILLIAM DiBENEDETTO |
Congressional repeal of the law forcing the Federal Maritime Commission to charge fees on both direc
Maritime
UK'S IMMINGHAM PORT PRESSES ON WITH LONG-TERM EXPANSION PLANS
Janet Porter |
Fierce competition between Britain's major ports, especially for container traffic, is not discourag
Maritime
PERU SET TO PRIVATIZE INSURER, TANKER FLEET
Charles W. Thurston |
Peru is taking bids for the privatization of several key state enterprises over the next few weeks,
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
INDIA'S TRADE DEFICIT WIDENS TO $3.9 BILLION
Knight-Ridder Financial |
India's trade deficit in the first 10 months of this fiscal year (April- March) widened to $3.86 bil
Maritime
SPOT PRODUCT PRICES
JOC Staff |
Mar. 18, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f
CORRECTION
JOC Staff |
A headline on a story on Page 7B Thursday about using natural gas for power generation was incorrect
PEOPLE - TRADE HONG KONG NAMES PROMOTION AIDE
JOC Staff |
Roger Garcia was appointed regional director (North America) for industrial promotion by the Hong Ko
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1466 (Mar. 18, 1993) Previous day - 1459 The Baltic International Freight Futures Market in
Maritime
ASIAN FUTURES
JOC Staff |
March 18, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity
HUMAN CLINICAL TRIALS BEGINNING ON UNIVAX BIOLOGICS' KIDNEY VACCINE
From Wire Reports |
Univax Biologics Inc. said it was beginning human clinical studies for a vaccine to reduce the incid
DANFORTH CALLS PROPOSED AGENCY ON AIR INDUSTRY A WASTE OF ENERGY
Stephanie Nall |
The proposed commission to study the U.S. airline and aerospace industries would be a bureaucratic w
FALLING EXPORTS PUSH UP DEFICIT BY 6 PERCENT IN JANUARY
Richard Lawrence |
The U.S. merchandise trade deficit rose in January to $7.3 billion, up about 6 percent from December
BUNDESBANK DISCOUNT CUT SEEN AS CAUTIOUS EASING OF POLICY
Knight-Ridder Financial |
Thursday's Bundesbank discount rate reduction underlines its intention of easing policy in graduated
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
NEW BOXSHIP SERVICE FROM EAST COAST TO N. EUROPE WILL CALL AT PHILADELPHIA
David Johnston |
A new containership service between the U.S. East Coast and North Europe will begin next month, prov
Maritime
JAPAN TO RESIST ACCORDS THAT SPECIFY FOREIGN FIRMS' MARKET-SHARE TARGET
Mark Magnier |
Japan will resist agreements that call for a specific market-share target for foreign companies, a s
Maritime
UNIONS' RIFT IMPERILS BAILOUT FOR NORTHWEST
Bernie Shellum |
Two weeks short of a deadline set by Northwest Airlines, the carrier's most powerful unions squared
LUFTHANSA EMPLOYEES TO DEMONSTRATE SATURDAY
Miriam Widman |
Several thousand workers for Lufthansa German Airlines are expected to demonstrate in Bonn Saturday
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