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EMERGENCY RULES ISSUED FOR COOK INLET
(Reuter) |
The Coast Guard said this week it has issued emergency shipping rules for ice-choked Cook Inlet afte
Maritime
STUDY URGES US FUNDS FOR INTERMODAL FACILITIES
Stephanie Nall |
The growth of intermodal traffic is good for just about everybody, but intermodalism will not reach
MEXICANA AIRLINES TO LEAVE DALLAS
Knight-Ridder Newspapers |
Mexicana Airlines, citing low patronage and competition from charter airlines, announced it will pul
TOXINS SEEP INTO CALIF. DRAINS DAILY
Neil Strassman |
Several weeks before the Los Cerritos Channel was flooded with caustic sodium hydroxide, people whos
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Dec. 30, 1992Brent Crude Oil - (Dollars Per Barrel)
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Dec. 30, 1992 Quotations are based on prices reported in the market or obtained
INDIA ENTERS '93 WITH MIX OF HOPE, FEAR
N. Vasuki Rao |
India ends 1992 with some sectors performing better than in the previous year, but the recent religi
Maritime
GREEN GROUPS WANT CHANGES IN US SPENDING ON ENERGY
(Reuter) |
Environmental groups Wednesday called on President-elect Bill Clinton and Congress to spend less of
CLARIFICATION
JOC Staff |
A report on Page 1A Wednesday incorrectly stated the amount of a United Parcel Service contract to h
RUSSIA SEEN DELAYING PAYMENT TO US UNTIL PARIS CLUB ACCORD
Doug Palmer |
Russia is likely to wait for Western creditors to restructure its foreign debt before resuming payme
DOLLAR TRADES IN A NARROW RANGE AS MAJOR PLAYERS LEAVE FOR HOLIDAYS
Knight-Ridder Financial |
The absence of major market participants kept the U.S. dollar locked in a narrow range Wednesday, wi
THE ECONOMY
SOURCE: Bureau of Economic Analysis. |
ECONOMIC INDICATORS MonthlyPercent Change NovemberCoincident index
COMEX METAL WAREHOUSE
JOC Staff |
Dec. 30, 1992 Copper Total,102,150. Gold Total, .1,497,519.Silver Total, .277
SALVAGE WORK EXPECTED TO CLOSE HOUSTON CHANNEL
Knight-Ridder Financial |
The Houston Ship Channel, which has been closed intermittently this week due to dense fog, is expect
Maritime
EDWARD L. JOHNSON DIES, NY MARITIME ATTORNEY
Journal of Commerce Staff |
Edward L. Johnson, a senior partner at New York law firm Haight, Gardner, Poor & Havens and an exper
Maritime
UPS TO START AIR TRANSPORT OF HAZARDOUS MATERIALS
Ira Breskin |
United Parcel Service plans early next year to begin carrying hazardous materials by air, enabling t
AGRICULTURAL TRADE LEADS
Supplied by the US Department of Agriculture |
Trade leads are supplied by: US Department of Agriculture, Foreign Agricultural ServiceAgric
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
GRACE FINALIZES SALE OF CHEMICAL BUSINESSBOCA RATON, Fla. - W.R. Grace & Co. said Wednesday
QANTAS, ALL-NIPPON SEEK PAN AM'S OLD LA TERMINALS
Kevin G. Hall |
Two trans-Pacific carriers are hoping to turn the demise of Pan American World Airways to their gain
SPOT PRODUCT PRICES
JOC Staff |
Dec. 30, 1992 U.S. spot oil product price indications, sellers range, in cents per gallon, f
USDA TO PROPOSE RULES FOR WHEAT, FEED LOANS
Doug Palmer |
The U.S. Department of Agriculture is expected to issue proposed rules soon for new wheat and feed g
CLEANER GASOLINE LIMITS FUEL ECONOMY, DRIVERS SAY
Scott Thurm |
Debra Friedenberg thought there was something wrong with her car. Accustomed to being able to drive
FLA. INSURER FINANCIAL BENEFIT LIFE TO FIGHT STATE ON INSOLVENCY CLAIM
Christopher Barton |
Financial Benefit Life Insurance Co. vowed Tuesday to contest a state claim that the company is in "
WORKERS COMP RATES HIKED 6.24 PERCENT IN MASS.
Kimberly Blanton |
State insurance regulators granted a modest 6.24 percent hike in 1993 premiums for workers compensat
MARAD ACTIVATES SHIPS FOR SOMALIA RELIEF
Journal of Commerce Staff |
Two special-purpose ships in the Maritime Administration's Ready Reserve Force were called into serv
Maritime
TAIWANESE INVESTMENT IN CHINA SOARS IN YEAR
P.T. Bangsberg |
Taiwan's pledged investment in China in 1992 is expected to exceed the previous decade's total of US
Maritime
CHINA SEES RISE IN INFLATION IN '93
Knight-Ridder Financial |
Growing pressure on China's money supply and demands from industries during the transition to a mark
NEPTUNE ORIENT GETS NOD ON TAX EXEMPTION PLAN
Mark Magnier |
Neptune Orient Lines Ltd. this week received government approval for a taxbreak program desi
Maritime
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Tuesday at 201.96 off 1.44 which compares
ASIAN FUTURES
JOC Staff |
Dec. 30, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity E
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,150-$1,250per ton lots &
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Dec. 30, 1992Bid AskedCopper_
WORRIES OVER DECLINING DEMAND FORCE PLATINUM PRICES TO DROP
Wire and Staff Reports |
Platinum prices were lower Wednesday as traders continued to worry about declining demand for the me
DOES THE GENERAL STRIKE CLAUSE NEED REDRAFTING?
Peter D. Clark |
It's not often that the interpretation of a voyage charter party "general strike clause"is raised be
Maritime
AMR-CANADIAN AIR DEAL FACES MAJOR OBSTACLES
Leo Ryan |
The tentative alliance agreement announced Tuesday between American Airlines and faltering Canadian
VIRGINIA POWER CO. CUSTOMERS TO GET REFUNDS AVERAGING $81
Barry Flynn |
Many Virginia Power Co. customers will be getting a delayed Christmas present next year: refunds ave
"K' LINE STARTS WEEKLY SERVICE TO MEET INTRA-EUROPE TRADE
Janet Porter |
Japanese shipping line Kawasaki Kisen Kaisha Ltd. is setting up its own intra-European shipping serv
Maritime
CUSTOMS' COUNTERTRADE POLICY SEEN A BURDEN FOR IMPORTERS
Peter M. Tirschwell |
Importers that swap one kind of merchandise for another rather than pay cash often face an additiona
FREIGHT RATE FUTURES
JOC Staff |
Dec. 30, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
UGANDA AIDE COOPERATES IN US SMUGGLING CASE
Milton G. Allimadi |
The U.S. Justice Department, in an eleventh-hour about-face, has dismissed charges that an aide to U
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