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SELIG ALTSCHUL, ADVISER TO AIRLINES, DIES AT 78
Lawrence H Kaufman |
Selig Altschul, a pioneer financial adviser to numerous airlines, died of cancer on Dec. 17 at his h
INTERNATIONAL CALENDAR
JOC Staff |
REGIONAL BLOCS Inter-American Development Bank: Quarterly Business Briefings. Feb. 2. Washin
Maritime
TEXAS PANEL AUTHORIZES DROP IN JANUARY GAS PRODUCTION
Knight-Ridder Financial |
The Texas Railroad Commission has authorized natural gas production at the rate of 14.618 billion cu
FOREST OIL, ONEOK SETTLE DISPUTE OVER GAS
JOC Staff |
Forest Oil Corp. will receive $51.2 million from Oneok Inc., an Oklahoma utility, after an agreement
ASSASSINATION OF PERU LABOR LEADER IS THE LATEST IN A SERIES OF KILLINGS
(Reuter) |
An assassination squad armed with submachine guns killed the head of Peru's largest labor confederat
Maritime
2 LLOYD'S INVESTORS SEEK US BANKRUPTCY PROTECTION
William Pitt |
Some of the heaviest loss-making investors at the Lloyd's of London insurance market at last may hav
THIELE TO JOIN TOP STAFF AT NORTH AMERICAN RE
Brigitte Maxey |
William E. Thiele, president of Continental Insurance Group, is returning to the reinsurance end of
NAVIERAS DE PUERTO RICO POSTS $20.4 MILLION LOSS
Robert P. Walzer |
Navieras de Puerto Rico, the commonwealth's government-owned shipping line, posted a $20.4 million l
Maritime
MAJOR GAINS AND DECLINES IN CARLOADINGS
Adapted from Weekly Railroad Traffic, Association of American |
Three Weeks Ended Dec. 12, 1992, vs. Similar 1991 Period Cars CarsLoaded Loaded
3 FEDERAL AGENCIES SUE SP OVER 1991 CHEMICAL SPILL
Journal of Commerce Staff |
The Environmental Protection Agency, the Department of Agriculture and the Department of Interior su
OPPOSITION SPLIT IN FRANCE OVER FRANC, MONEY SYSTEM
Knight-Ridder Financial |
Leaders of France's center-right opposition expressed widely differing views on the franc and the Eu
TRANSPORT BRIEFS
Wire and Staff Reports |
NEW RULE TO REQUIRE REFLECTORS ON TRAILERSThe National Highway Traffic Safety Administration
CANADA'S MAJOR BANKS CUT PRIME RATE AGAIN
(Reuter) |
Canada's major banks took the unprecedented step Friday of cutting their prime lending rates for the
Maritime
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
AT&T OPENS LOS ANGELES CENTER FOR FOREIGN-SPEAKING CUSTOMERS
JOC Staff |
American Telephone & Telegraph Co. opened a Global Communications Center in Los Angeles, the company
Maritime
WESTERN GERMAN EXPORTS CALLED "SURPRISINGLY LIVELY'
Knight-Ridder Financial |
Western German exports have seemed "surprisingly lively" recently, considering the poor foreign indu
Maritime
NEW RUSSIAN PRIME MINISTER AIDS AILING ENERGY INDUSTRY
(Reuter) |
Russia's new prime minister, Viktor Chernomyrdin, called Friday for $480 million in soft loans for t
ENERGY BRIEFS
Wire and Staff Reports |
AMOCO OIL PURCHASES DISTRIBUTION TERMINALATLANTA - Amoco Oil Co. purchased Shell Oil
COMEX METAL WAREHOUSE
JOC Staff |
Dec. 18, 1992 Copper Total, 84,277. Gold Total, .1,511,244.Silver Tot
INSURANCE BRIEFS
Wire and Staff Reports |
REPUBLICANS BLAST NY BLUE CROSS, SHIELDALBANY, N.Y. - New York's Republican Senate M
AXA CHIEF LIKES BENEFITS OF ALLIANCE WITH EQUITABLE
Margo D. Beller |
The chairman of the second-largest French insurance group has profited from his alliance with the ne
TEXAS BILL WOULD IMPOSE SMALL GAS TAX
Knight-Ridder Financial |
A bill will be introduced at the next session of the Texas Legislature that will impose "a small tax
CLARIFICATION
JOC Staff |
In "Maritime Policy Materials Earmarked for Clinton," a story on Page 1B on Dec. 4, a Department of
Maritime
EPA DIRECTOR REILLY URGES CLINTON TO PURSUE MAJOR REVAMP OF AGENCY
(Reuter) |
President Bush's top environmental aide has urged President-elect Clinton to be aggressive in revamp
UNIONS CHARGE LAX SHIP RULES MAY INHIBIT SEARCH FOR SEAFARER
Tim Shorrock |
The disappearance of an Indian officer from a Bahamian-flag ship off the coast of New York last week
US SEEKS JAPAN TALKS TO AVERT AIRLINE WAR
Mark B. Solomon |
U.S. aviation officials have asked the Japanese to meet in Tokyo next month in an attempt to resolve
OPEC CHIEF FORECASTS END OF PRICE SLIDE
(Reuter) |
Alirio Parra of Venezuela, OPEC's president, said this week that he believes the decline in world oi
GASOLINE PRICES
JOC Staff |
Dec. 17, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
OCTOBER EXPORTS, SEASONALLY ADJUSTED
SOURCE: U.S. Census Bureau tables, adapted by Paul Schaffer. |
Vs. Vs. Vs. Vs.Value Prior 2 Mos. 1991 1990 Mil. $ Mo. Back
ABORTION PILL MAKER URGED TO APPLY FOR US TRIALS
JOC Staff |
The European maker of the RU-486 abortion pill was urged by 34 newly elected U.S. House members to a
COMMODITY BRIEFS
From Wire and Staff Reports |
JAPAN-CANADA TALKS ON COPPER INCONCLUSIVETalks between Canada's Highland Valley Copper and J
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Dec. 17, 1992Bid AskedCopper_
GIANT TOYMAKER HASBRO LOCKS OUT 81 RI WORKERS IN CONTRACT DISPUTE
Gregory S. Johnson |
Bah humbug! Now that it has emptied its warehouses of toys in time for the holidays, one of Santa's
STRAIGHT TALK - IRA ROSENFELD JAL FIGURES SHOW US HAS NO MONOPOLY ON PECULIAR PRACTICES
Ira Rosenfeld |
Even accounting for the state of the national economy and talk of a global recession, it'shard to un
LATE GRAIN SURGE GIVES RAILS SOMETHING TO CHEER
Lawrence H Kaufman |
Railroads will end the year with strong grain traffic after lagging through much of thesecond half.<
INDIA COMMERCE RESUMES AFTER RIOTING STOPS
N. Vasuki Rao |
India's industrial production and trade also are set to resume normal levels next week as calm retur
Maritime
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
BUSH, MULRONEY, SALINAS SIGN NORTH AMERICA TRADE ACCORD
John Maggs |
President Bush signed the North American free-trade agreement Thursday, a defining achievement of hi
Maritime
ECONOMIST SEES GATT AS DEAD, REPLACED BY SYSTEM OF MANAGED TRADE
Peter M. Tirschwell |
The global trading system administered by the Geneva-based General Agreement on Tariffs and Trade is
Maritime
ENERGY PRICES EXPECTED TO SPARK LOWER INFLATION
(Reuter) |
The inflation rate for consumers in 1993 could fall to its lowest level in seven years, as the impac
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