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MEXICO DISCOVERS DIFFICULTIES OF PRIVATIZING PORTS
Kevin G. Hall |
Mexico will not privatize its first port by April as had been hoped and continues wrestling with the
Maritime
FINANCING TRADE - CHARLES THURSTON CARIBBEAN BASIN FUND MAKES FIVE LOANS TO COSTA RICAN FIRMS
Charles Thurston |
The Caribbean Basin Partners for Progress approved a set of loans for CostaRican businesses
Maritime
HUNGARIAN UNIT OF GE POSTS LOSS
JOC Staff |
Hungarian lightbulb maker Tungsram Co. Ltd., controlled by General Electric Co. of the United States
UK FISHERMEN PROTEST FRENCH, RUSSIAN IMPORTS
(Reuter) |
Angry Scottish fishermen poured oil into the holds of a Russian vessel in protest at cheap fish impo
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
March 9, 1993 Copper Total, 112,574. Gold Total, .1,283,949.Silver To
US GRAIN EXPORTERS COULD LOSE BIG SHARE OF RUSSIAN MARKET
Knight-Ridder Financial |
U.S. grain exporters could lose a large part of the Russian grain market if agreement is not reached
PEOPLE - COMMODITIES
Wire and Staff Reports |
NATIONAL FUTURES ASSOCIATION (Chicago) - John J. Conheeney, chairman of Merrill Lynch Futures Inc.,
LAGGING STANDARDS COMPLICATE ORGANIC PUSH
Sam Gugino |
Grapes, like other agricultural products, must go through a detoxification process before they can b
INSURERS SEE MERGER MARKET BLOSSOMING
Journal of Commerce Staff |
Top insurance executives are predicting an industrywide rise in merger and acquisition purchase pric
NAIC TASK FORCE REVISES PROPOSAL FOR REGULATING INSURANCE "FRONTING'
Paul Dykewicz |
A task force of the National Association of Insurance Commissioners revised its proposal for regulat
INSURANCE BRIEFS
Wire and Staff Reports |
NATIONWIDE TO ADD JOBS AT CANTON, OHIO, OFFICEAKRON, Ohio - Nationwide Insurance is bucking
INSURER SEES INCENTIVE IN HEALTH-BENEFITS TAX
Margo D. Beller |
Not taxing health insurance benefits offers consumers a "misguided incentive" to overuse their healt
NAVY NEGLECTS US, AIDS JAPANESE YARDS, CONGRESSMAN SAYS
David Johnston |
The Navy is forcing American shipyard workers into unemployment while lavishing tax dollars on Japan
Maritime
UP WILL DOUBLE-TRACK ITS MAINLINE IN OREGON
Lawrence H Kaufman |
Union Pacific Railroad plans to announce today the start of a $100 million multi-year program to dou
SHIPPERS' VICTORY IN RATE DECISION POSES NEW QUESTION OF SEMANTICS
Stephanie Nall |
Is a legal defense greatly different from a basis for a counterclaim? The Supreme Court Mond
US PORTS FEAR LOSS OF CRUISE REVENUE
Craig Dunlap |
Robust growth is expected to mark U.S. cruise demand through the decade, but whether U.S. ports enjo
Maritime
GAS INDUSTRY SAYS CONSUMERS MUST PAY FOR AN ENERGY TAX
Arthur Gottschalk |
If the Clinton administration's plan for a broad-based tax on energy is approved, the tax should sho
NORWAY'S STATOIL FINDS ITS BIGGEST FIELD SINCE '85
Knight-Ridder Financial |
The Norwegian state oil company Statoil discovered the largest oil field in the Norwegian sector of
PUBLISHER'S NOTEBOOK
Don C. Becker |
Jim Amoss, the feisty chairman of Lykes Bros. Steamship Co. of New Orleans, makes a simple and compe
Maritime
CORRECTION
JOC Staff |
A story on March 3 incorrectly characterized the involvement of Puerto Rico Marine Management Inc. (
Maritime
RUSSIA CAPS PAYMENTS AT $3.5 BILLION FOR '93
JOC Staff |
Russia is ready to sign agreements with the Paris and London clubs on condition that the total amoun
COST OF CREDIT
JOC Staff |
Tuesday, March 9, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 9, 1993 Quotations are based on prices reported in the market or obtained from su
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
UNION STARTS BOYCOTT OF DOMINO SUGARDECATUR, Ill. - Local 837 of the Allied Industrial Worke
BN FIRST TO USE AUTOSTACK TECHNOLOGY
Rip Watson |
Burlington Northern became the first rail carrier to use a new intermodal technology in revenue serv
EQUITABLE'S SHORT-TERM PROSPECTS GET MIXED REVIE WS FROM ANALYSTS
Margo D. Beller |
The stock performance of Equitable Cos. Inc., the nearly-year-old successor to the venerable Equitab
ONTARIO TRUCKERS SUPPORT TOLLS, BUT ONLY FOR BUILDING NEW ROADS
Gregory S. Johnson |
Ontario truckers say they don't mind paying tolls to fund construction of a new provincial superhigh
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
BALTIC FREIGHT INDEX
JOC Staff |
1394 (Mar. 9, 1993) Previous day - 1389 The Baltic International Freight Futures Market in L
Maritime
COLOMBIA BANANA WORKERS STRIKE TO PROTEST VIOLENCE IN REGION
(Reuter) |
About 25,000 workers started an indefinite strike Monday in Colombia's largest banana producing regi
Maritime
GRANT TO HELP CALIF. FIRMS SELL TO EX-SOVIET UNION
Knight-Ridder Newspapers |
The World Trade Center Association, based here, said it received a $500,000 grant from the U.S. Comm
Maritime
IEA LINKS OIL SURPLUS TO JUMP IN RUSSIAN SALES
(Reuter) |
The world entered 1993 awash with surplus oil after a surprise jump in Russian exports to the West,
WEYERHAEUSER REFORESTATION PROJECT TURNS DENUDED SIBERIAN LAND GREEN
Tacoma Morning News Tribune |
In the vast wilderness of Siberia, the "tree-growing company" is living up to its motto. Near Russia
US TO PREPARE FOR TALKS ON COFFEE TRADE POLICY
Knight-Ridder Financial |
U.S. officials responsible for coffee trade policy will meet as early as today to prepare for upcomi
TRANSPORT BRIEFS
Wire and Staff Reports |
AIR AND SHIPPING LINKS RESTORED IN ROMANIABUCHAREST, Romania - International air and
CRUISE INDUSTRY PUMPING $2.7 BILLION INTO 7 CITIES
Tim Sansbury |
Cruise shipping pumped $2.7 billion into the economies of the seven top U.S. cruise port cities in 1
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Mar. 9, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Mar. 9, 1993Prev. Life of Contr. OpenOpen Hig
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Mar. 9, 1993Brent Crude Oil - (Dollars Per Barrel)_
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Mar. 9, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%B
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