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PALLADIUM DEALERS SAY RALLY MAY BE FADING
James Regan |
The rally in palladium, which took prices to a 30-month high recently, could be fading as major buye
CORRECTION
JOC Staff |
The story "House Panel Sets Up Hearing on Charges of Redlining," on Page 10A Monday, should have sai
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Feb. 9, 1993 Quotations are based on prices reported in the market or obtained from su
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC AGREES TO CUT OUTPUT, CHIEF SAYSCARACAS, Venezuala - OPEC President Alirio Parr
HALLIBURTON CO. LOST $137.3 MILLION IN 1992
Gregg Jones |
Halliburton Co., the nation's largest oil field-services firm, said Monday that it lost $137.3 milli
AVONDALE SHIPYARDS TO SUPPORT US TANKER FLEET REPLACEMENT
Journal of Commerce Staff |
Avondale Shipyards, a division of Avondale Industries, said it is prepared to support the U.S. tanke
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
About seven years ago, I received a rather unusual telephone request. It came from an old co
LOWER POUND, STRONG YEN SPUR ACROSS-BOARD DECLINE IN DOLLAR
Knight-Ridder Financial |
A sharply lower British pound and a strong Japanese yen were held responsible for the U.S. dollar's
GASOLINE PRICES
JOC Staff |
Feb. 9, 1993 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unle
BIG 3 CARMAKERS DECIDE NOT TO FILE DUMPING COMPLAINT
John Maggs |
The Big Three automakers abandoned plans for a $45 billion trade complaint against imported cars aft
EARNINGS REPORT MIXED FOR RYDER
Journal of Commerce Staff |
Ryder System Inc. reported strong fourth-quarter 1992 earnings in itscarriage and logistics
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
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP (New York) - James L. Williams was named senior officer at American Int
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
MORE US COMPANIES PUT FAITH IN JOINT VENTURES FOR EXPANSION
Peter M. Tirschwell |
When Gates Corp. purchased Uniroyal Inc.'s engine transmission business in 1986, it acquired a 50 pe
Maritime
SEARS POSTS $1.8 BILLION LOSS IN QUARTER, $3.9 BILLION FOR '92
(Reuter) |
Sears, Roebuck & Co. Tuesday reported a $1.8 billion loss for the fourth quarter, plunging its annua
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Feb. 9, 1993Prev. Life of Contr. OpenOpen High Low
INLAND WATERWAY SHIPPING CONCERNS FORM GLOBAL MARKETING COALITION
Journal of Commerce Staff |
A group of ports, vessel operators, shippers and state development officials along the Great Lakes a
Maritime
MASS. PLAN AIMS TO APPEASE DOUBLE-STACK RIVALS
Michael S. Lelyveld |
Massachusetts is studying a plan to raise bridge clearances for double-stacktrains west of W
EC REACHES ACCORD ON STEEL PRODUCTION
Bruce Barnard |
The European Community Commission Tuesday reached a broad agreement with European steelmakers on how
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Feb. 9, 1993Brent Crude Oil - (Dollars Per Barrel)_
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Feb. 9, 1993 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
FREE TRADE UNITES US AND CANADA, QUEBEC OFFICIAL SAYS
Leo Ryan |
The 1988 U.S.-Canada Free Trade Agreement means "we are all Americans now," Reed Scowen, Quebec's de
Maritime
PEOPLE - TRANSPORT
From Wire and Staff Reports |
INNOVATIVE LOGISTICS INC. (Fort Mill, S.C.) - Philip G. Deely was named president of this third-part
TOLL INCREASES SPARK COLOMBIAN ATTACKS
(Reuter) |
Colombia's government got more grief and less money than it bargained for when it doubled tolls last
IRAN TO INCREASE ITS PETROCHEMICALS CAPACITY BY 33 PERCENT
Knight-Ridder Financial |
Iran is planning to increase production capacity in its petrochemical industry from 9 million metric
PRIVATE MACHINE ORDERS DECREASE IN JAPAN
Knight-Ridder Financial |
Japan's machinery makers saw the value of orders from the private sector, excluding shipbuilders and
BENTSEN TO DISCUSS ECONOMY, GROWTH WITH GERMAN, JAPANESE MINISTERS
Richard Lawrence |
Treasury Secretary Lloyd Bentsen will meet late this week with the German and Japanese finance minis
Maritime
LA. OFFICIALS PLAN CLOSE SCRUTINY OF CHEMICAL PLANT
Wire and Staff Reports |
State environmental officials say they plan to keep a close watch over a company that plans to joint
STATE, US OFFICIALS CONSIDER PLAN FOR FEDERAL CATASTROPHE INSURANCE
Paul Dykewicz |
Some state and federal officials are working with insurance underwriters who want the federal govern
SAFETY EFFORTS AT OIL FIRMS CUT ACCIDENT-RELATED COSTS
Brigitte Maxey |
Efforts by the insurance industry to control accidents and spills at oil companies have reduced acci
ELECTRONICS FIRMS SEEK MORE TRAINING FUNDS
Tim Shorrock |
Unless the federal government and the private sector make a massive commitment to worker-training pr
Maritime
COAST GUARD PROBES SUSPECTED MUTINY ON SHIP SMUGGLING CHINESE INTO HAWAII
(Reuters) |
The U.S Coast Guard said it is investigating a suspected mutiny aboard a ship carrying 500 Chinese p
Maritime
DOMINICAN REPUBLIC MAY BECOME LEADING PRODUCER OF PINEAPPLES
Larry Luxner |
Dole Fresh Fruit International Inc. said it has invested $41 million in the Dominican Republic, in a
Maritime
TAIWAN TO PRIVATIZE OIL COMPANY FOR FUNDS
(Reuter) |
The government will privatize its national oil company to raise funds and open the industry to the p
DAF NV CHIEFS OUTLINE RESCUE PLAN
(Reuter) |
A rescue plan for Dutch truck maker DAF NV, which includes setting up a new company to take on DAF's
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 198.46 off 0.56 which compares w
COST OF CREDIT
JOC Staff |
Tuesday, Feb. 9, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
NAFTA THREATENS FREEZE ON BIG TRUCKS, RAILROAD GROUP SAYS
Rip Watson |
Rail industry lobbyists are gearing up again to battle against "monster trucks," but this time the t
CARRIERS SEE LITTLE GAIN FROM INVESTMENT TAX CREDIT
Rip Watson |
Transportation industry officials generally expect to reap few rewards from the investment tax credi
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