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CIBA LENS UNIT TO SPLIT IN TWO TO RESTRUCTURE
(Reuter) |
Ciba-Geigy AG said it will move its contact lens unit's headquarters to the United States from Switz
COLO. PANEL MEMBER CALLS PROBE OF GASOLINE PRICES INCONCLUSIVE
Dinah Zeiger |
A member of a task force that has been looking into alleged unfair pricing by Colorado gasoline whol
ALGERIA'S SONATRACH PLANS DRIVE TO MARKET GAS PRODUCTS
Knight-Ridder Financial |
Algeria's state-owned oil company Sonatrach, which is planning to more than double its output of liq
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago12/29 12/28 Change % Change: 12/
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Dec. 29, 1992Bid AskedCopper_
STUDY FINDS AMERICANS DON'T RECORD POSSESSIONS
From Wire and Staff Reports |
Just when they're needed most, Americans are not keeping records of the things they own, Allstate In
BESET BY WOES, AIRLINES STAGGER TOWARD '93
William Armbruster |
Asked at a mid-December luncheon what he'll remember most about 1992, American AirlinesChairman Robe
UPS LANDS PENNEY'S PACKAGE BUSINESS $160 MILLION DEAL TO HURT ROADWAY
Mark B. Solomon |
J.C. Penney Co. and United Parcel Service soon will sign a multiyear contract turning over to UPS al
CLARIFICATION
JOC Staff |
The story "Activation of Four LNG Tankers to Create 150 U.S. Seafaring Jobs," on Page 1A on Monday,
RUSSIA SAID TO HAVE DEFAULTED ON INTEREST OWED TO S. KOREA
Knight-Ridder Financial |
Russia has defaulted on a US$6.3 million interest payment to South Korea, placing negotiations on fu
JAPANESE DUMP ELECTRIC TOOLS IN THE US, COMMERCE SAYS
Knight-Ridder Financial |
The Commerce Department Tuesday announced, in a preliminary ruling, that Japanese companies are sell
POST OFFICE DELIVERS 102-DAY PRIORITY SERVICE
Knight-Ridder Newspapers |
A priority mail service advertised as taking two days can be expected to foul up on occasion. But af
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
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
CHINA'S OIL OUTPUT INCREASES BY 2.6 PERCENT TO 993 MILLION BARRELS
P.T. Bangsberg |
China said Tuesday it pumped 993 million barrels of oil in 1992, an increase of 2.6 percent over the
WHEAT SECTOR CHIEFS IN AUSTRALIA SET TALKS ON DAMAGE CRISIS
Regina Schleiger |
Australian wheat industry representatives will hold a crisis summit today to deal with a rain-damage
ENERGY BRIEFS
From Wire and Staff Reports |
RUSSIA PLANS TO SELL PLUTONIUM TO USRussia plans to sell 88 pounds of plutonium-238 to the U
BAHRAIN HOPES TO MAINTAIN CRUDE LINK WITH TERM NAPHTHA
Lisa Twaronite |
Bahrain National Oil Co. hopes to continue to require its term naphtha buyers to also take Arab medi
SPOT CHEMICALS
JOC Staff |
As of Dec. 29, 1992 Quotations are based on prices reported in the market or obtained from s
ARGENTINA'S GAS NETWORK TRANSFERRED TO PRIVATE HANDS
Richard Kessler |
Argentina has transferred its nationwide natural gas transmission network to private investors, endi
INDIA WARY OF NAFTA AS SIGN OF REGIONAL TREND
N. Vasuki Rao |
India's exports to the United States probably will not be affected too much by the proposed North Am
Maritime
THAI TAPIOCA EXPORTS DOWN FROM OCTOBER
Knight-Ridder Financial |
Thailand exported 453,627 metric tons of tapioca in November, down 38.1 percent from October, but up
BALTIC FREIGHT INDEX
JOC Staff |
1376 (Dec. 29, 1992) Previous day - 1378 The Baltic International Freight Futures Market in
Maritime
COFFEE PRICES TURN UP AS YEAR WINDS DOWN
Wire and Staff Reports |
Coffee prices turned higher in the waning days of 1992 . The market rose steadily Tuesday on
AMR, CANADIAN AIRLINES INK $195 MILLION DEAL
Mark B. Solomon |
AMR Corp., the parent of American Airlines, said Tuesday it will invest $195 million in Canadian Air
3 CARRIERS OPPOSE WAIVER FOR NAVIERAS
Tim Shorrock |
In the latest skirmish over the use of subsidized vessels in domestic ocean trades, three U.S. shipp
Maritime
CRB FUTURES OUTLOOK - JAMES NEVLER PALLADIUM GAINS STRENGTH OVER RUMORS ABOUT RUSSIA
James Nevler |
Of all the metals traded on futures markets, palladium has the best fundamentals. Johnson Matthey PL
COMMUNICATION HELD KEY TO INTERMODAL TRUCKER SURVEY STRESSES RELATIONSHIPS
Kevin G. Hall |
Greater communication with terminal operators and steamship lines must occur if growing demands by s
ALUMINUM DEMAND INCREASES IN JAPAN
Knight-Ridder Financial |
The Japanese aluminum output for the construction industry, despite a slower economy, rose in Novemb
BUSINESS URGES IMF TO EASE EGYPT PRESSURE
Sarah Gauch |
While the International Monetary Fund continues urging faster economic reform in Egypt, business peo
Maritime
AUSTRALIA-MALAYSIA GROUP WINS VIETNAM OIL DEAL
(Reuter) |
An Australian-Malaysian partnership said Tuesday it won the right to develop one of Asia's most prom
COMMODITY BRIEFS
Wire and Staff Reports |
LATE RUSSIAN PAYMENTS EXCEED $100 MILLIONWASHINGTON - Russia now owes $100.1 million
INTERNATIONAL BUNKER PRICES
Journal of Commerce Special |
The following is the list of bunker prices obtained during the course of week ending Dec. 24, 1992.
DAILY PETROLEUM PRICES
JOC Staff |
Tuesday Dec. 29, 1992 Prevailing sellers' posted prices at the close of business, representi
FREIGHT RATE FUTURES
JOC Staff |
Dec. 29, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
NEW YORK INSURER GROUP HITS HIKE AND EXTRA FUNDING FOR BLUE CROSS
Margo D. Beller |
A New York commercial health insurer group has expressed bipartisan condemnation for state Insurance
PEOPLE - TRANSPORT
From Wire and Staff Reports |
DANZAS CORP. (Bellevue, Wash.) - Nancy L. Falvo was named regional air freight manager at the transp
MARITIME ACADEMY GETS FORMER NAVY VESSEL
Journal of Commerce Staff |
The U.S. Merchant Marine Academy recently took ownership of a 224-foot Navy vessel for use as a trai
Maritime
MARITIME BRIEFS
From Wire and Staff Reports |
STOWAWAY DIES TRYING TO FLEE TO SPAINALMERIA, Spain - A north African stowaway was k
Maritime
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