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SPOT PRODUCT PRICES
JOC Staff |
Mar. 3, 1993 U.S. spot oil product price indications, sellers range, in cents per gallon, f.
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York, are selling rates among trading
SOME INTEREST RATES CUT 15 PERCENT IN EGYPT
JOC Staff |
Egypt this week slashed high bank interest rates on local currency savings by about 15 percent as it
BROWN DENIES ADMINISTRATION IS LAUNCHING INDUSTRIAL POLICY
Journal of Commerce Staff |
Commerce Secretary Ronald Brown denied this week that the Clinton administration is embarked on an "
Maritime
S. KOREA URGED TO INVEST IN EUROPE
(Reuter) |
German Chancellor Helmut Kohl left for Moscow Wednesday after urging South Koreans to play a part in
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
DANUBE TRAFFIC NORMAL AS SERB BLOCKADE ENDSBUCHAREST, Romania - Traffic on the river
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
RECO PARENT BOOSTS POLICYHOLDER SURPLUSReinsurance Corp. of New York (RECO) said its parent
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
DOW CHEMICAL CO. TO MARKET SYLTHERMDow Chemical Co. said Wednesday it will take over the glo
WEDCO GRINDS WHILE WAITING FOR RIGHT SUITOR
Ira Breskin |
The For Sale sign isn't quite ready for deep storage here at Wedco Technology Inc., the world's larg
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
EXCHANGE TO EXPAND CURRENCY, RATES TRADINGCHICAGO - Afternoon trading hours for Chic
LUMBER FUTURES CHANGES APPROVED
Knight-Ridder Financial |
The Commodity Futures Trading Commission has approved the Chicago Mercantile Exchange's proposed per
POLIO VACCINE DEVELOPER ALBERT SABIN DIES AT 86
(Reuter) |
Dr. Albert Sabin, a medical pioneer whose oral vaccine helped to virtually end the crippling disease
CALIF. SEEKS ICC AID IN CORRIDOR DISPUTE
Kevin G. Hall |
The chairman of California's Transportation Commission wants the Interstate Commerce Commission to d
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
STRIKE AGAINST PEABODY COAL HAD LITTLE EFFECT, RAILS SAY
Lawrence H Kaufman |
The four-week strike by members of the United Mine Workers Union against Peabody Coal Co. had little
MISS. PROPOSAL PUTS DOCKSIDE CASINOS ON WATERWAYS
Terry R. Cassreino |
Dockside casinos could operate on any navigable waterway anywhere in Hancock and Harrison counties o
Maritime
CONSUMERS POWER GIVES UP FIGHT TO BUILD 60-MILE TRANSMISSION LINE
Hiawatha Bray |
Consumers Power Co. admitted defeat this week in its 2 1/2-year battle with citizens groups to build
JAPANESE AIRLINES FACE US SANCTIONS VETO OF UNITED LINK RILES WASHINGTON
Mark B. Solomon |
The United States is likely to impose sanctions against Japanese airlines in response to that countr
ENERGY LOANS TO RUSSIA NOT AID, CLINTON TEAM SAYS
Michael S. Lelyveld |
The Clinton administration appears to be taking a hands-off attitude toward the U.S. Export-Import B
HEAVY STORMS NO HELP TO MISSOURI RIVER
John Boyd |
Although a series of harsh winter storms dumped heavy snows and rain on largesections of the
Maritime
TRADE CENTER DAMAGE TOLL STILL GROWING
Journal of Commerce Staff |
Each day since a deadly bomb tore through the basement garage of the World Trade Center brings more
ASIAN FUTURES
JOC Staff |
March 3, 1993 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 3, 1993 Quotations are based on prices reported in the market or obtained from su
ECONOMY, GOP HURT CHANCES FOR CLINTON PLAN
Stephanie Nall |
President Clinton's plan to pump some $16 billion into the economy - including $4.1 billion in trans
RUBLE VALUE SINKS TO 649 TO DOLLAR
(Reuter) |
The ruble plunged to a new all-time low of 649 to the dollar on Tuesday, downfrom 593 at the
COMEX METAL WAREHOUSE
JOC Staff |
March 2, 1993 Copper Total, 114,812. Gold Total, .1,481,958.Silver To
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
JOHNSON & JOHNSON UNIT IN AIDS DRUG TRIALSBRUSSELS, Belgium - The Belgian subsidiary
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Mar. 2, 1993Bid AskedCopper_G
PHAR-MOR EX-OFFICER PLEADS GUILTY IN FRAUD
JOC Staff |
Phar-Mor Inc.'s former chief financial officer, Patrick Finn, pleaded guilty Tuesday to 14 counts of
GROUP HOPES TO HOST CONFERENCE OF GLOBAL INSURERS IN US IN '94
Paul Dykewicz |
The National Association of Casualty and Surety Agents' top administrator is in Brussels this week l
INSURANCE BRIEFS
From Wire and Staff Reports |
CLINTON PLAN MAY HURT HEALTH-CARE INSURERSInsurance agents would be shut out of selling heal
CONRAIL TO END MARKET TEST WITH HIKE IN BOSTON RATES
Michael S. Lelyveld |
Consolidated Rail Corp. will raise some of its westbound freight rates from Boston on April 1, marki
CN NORTH AMERICA CONFIRMS PLANS TO SLASH WORK FORCE BY A THIRD
Leo Ryan |
CN North America officially confirmed Monday that it is cutting 11,000 peoplefrom its railwa
MAJOR AIRLINES MATCH CUTS IN FARES BY NORTHWEST
Knight-Ridder Newspapers |
Continental Airlines and other major airlines have thrown themselves into a new air-fare war.
ICC SETS SCHEDULE FOR UP-CNW CASE
Journal of Commerce Staff |
The Interstate Commerce Commission has established a procedural timetable for ruling on Union Pacifi
HIGH COURT DENIES REVIEW OF APL CIGARETTE CASE
Journal of Commerce Staff |
The Supreme Court Monday said an ocean carrier's sale of cigarettes without health warnings at sea d
Maritime
ATTEMPT TO REFLOAT TANKER OFF UK FAILS
Janet Porter |
A bid to refloat the oil tanker Freja Svea, which is grounded off the northeast coast of Britain, fa
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Mar. 2, 1993Prev. Life of Contr. OpenOpen Hig
RAILS TO FIGHT FOR SHARE OF NAFTA PIE
Kevin G. Hall |
Positioning themselves to compete with truckers that are handling the majority of southbound cargo,
SLOVAK PLAN CALLED PERIL TO TRADE RELATIONS OFFICIALS WEIGH IMPORT SURCHARGE
Milan Ruzicka |
This fledgling nation is jeopardizing its trade relations with the world over its plans to impose a
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