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DISPUTES LOAD GATT AGENDA AS NEW RULES PROVE ELUSIVE
John Zarocostas |
Potentially bitter trade disputes are beginning to erupt among several countries in the absence of a
CHARTER INDEX
JOC Staff |
The weekly freight index of Maritime Research Inc. (January-December 1972 equals 100 percent) is as
Maritime
IMPORT FREIGHT RATES EDGED UP IN 3RD QUARTER EARLIER INCREASE OF 4.3 PERCENT STICKS
WILLIAM DiBENEDETTO |
Liner freight rates on cargo moving into the United States remained stable during the third quarter
Maritime
NIT LEAGUE'S JAMES BARTLEY TO RETIRE DEC. 1
Journal of Commerce Staff |
James E. Bartley, The most visible shippers' advocate in Washington during two decades of transporta
AVONDALE INDUSTRIES TURNED A PROFIT IN 3RD QUARTER DESPITE FALL IN REVENUE
Janet Plume |
Avondale Industries Inc. reported a third-quarter profit of $280,000, or 2 cents a share, compared w
Maritime
US DAIRY MANUFACTURERS MOVE TO CIRCUMVENT TARIFFS IN THE EC
Milton G. Allimadi |
Some U.S. dairy manufacturers are relocating production in the European Community to circumvent tari
Maritime
COCOA PRODUCERS' BALLOONING DEBT HINDERS MOVES TO INCREASE YIELDS
Elizabeth Herrington |
As Brazil faces the second consecutive yearly decline in its cocoa crop, a growing debt frustrates m
ACCOUNTING RULES WOULD BE UNFAIR TO SMALL AGENTS
Paul Dykewicz |
Insurance agents are attempting to win concessions on proposed accounting standards they claim fail
EXPORT BOOM GIVES LOG HOME INDUSTRY BADLY NEEDED BOOST
Doug Harper |
Log cabins, those cultural icons that are as American as apple pie and shopping malls, are providing
CHEMICAL BRIEFS
From Wire and Staff Reports |
GROUPS JOIN TO BOOST RECYCLING OF PLASTICSWASHINGTON - Two industry trade groups pla
OFFICERS NAMED TO HEAD UP NEW GLOBAL BROKERAGE
Janet Aschkenasy |
Several officers were named to head up new international brokerage Rollins Hudig Hall, following las
SLOVAK FUNDS EXPECTED TO FLOOD CZECH BANKS IN ADVANCE OF BREAKUP DEPOSITORS BET ON DEVALUATION
Michael S. Lelyveld |
Slovak deposits reportedly are streaming into Czech banks as citizens of Slovakia bracefor a currenc
COST OF CREDIT
JOC Staff |
Friday, Nov. 6, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRUCK-WAREHOUSE SECTOR BUCKS RISING BANKRUPTCY TREND
Dane Hamilton |
While the nation's business failure rate rose 4.3 percent for the first nine months of 1992 over a c
INTERIM US-GERMAN ACCORD FAILS TO MOLLIFY LUFTHANSA'S CONCERNS
Miriam Widman |
U.S. and German officials signed an interim aviation agreement Friday, but the accord does virtually
INDUSTRIES SEEK REHEARING OF IMPORT-DUTY CASE
Peter M. Tirschwell |
A coalition of American industries has asked a federal appeals court to reconsider a recent decision
CHINA FINDS PRICE IS RIGHT ON AIRCRAFT IN EX-USSR
(Reuter) |
In one of the stranger postscripts to the Soviet collapse, communist China is emerging as a savior o
Transport, Trade and Regulation News
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 DROPS THREATS, BUY WHEAT FROM US
(Reuter) |
China has signed deals to buy 2 million tons of U.S. wheat, dropping threats to halt purchases in re
HIGH GERMAN RATES TO TAKE STEAM OUT OF US DOLLAR, TRADERS PREDICT
Peter M. Tirschwell |
The U.S. dollar's autumn advance, which has carried the currency up 14 percent against the deutsche
LAWYERS FOR MANILA, MRS. MARCOS SEEK ASSETS FROZEN IN SWISS BANKS
(Reuter) |
Lawyers for the Philippine government and former first lady Imelda Marcos plan to ask a Swiss court
ASIAN FUTURES
JOC Staff |
Nov. 6, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Thursday at 201.07 up 0.28 which compares
JOFC INDEX RISES ON STRONG COTTON, PLYWOOD
Howard Simon |
The Journal of Commerce Industrial Price Index jumped several points late last week, mostly from a r
BOAT GROUP BLASTS VETO OF TAX BILL
Journal of Commerce Staff |
The National Marine Manufacturers Association criticized President Bush's veto of the $27 billion ur
Maritime
JAPAN'S GRADUATES FIND JOBS SCARCE
(Reuter) |
Fewer Japanese university graduates found jobs this year because of the nation's economic slowdown,
PROPOSED EPA EMISSIONS RULES TO HAVE MAJOR IMPACT ON TEXAS GULF CORRIDOR
Bill Mintz |
The Environmental Protection Agency's proposed new rules aimed at reducing toxic air emissions by 80
RUSSIA NICKEL FACILITY PLANS TO CUT OUTPUT BY 15 PERCENT IN '93
Knight-Ridder Financial |
Norilsk Nickel, Russia's largest producer of the metal, is considering cutting output by 15 percent
CALIF. MAN CHARGED WITH SERVING AS MIDDLEMAN IN INSURANCE SCAM
Orange County Register |
A Fresno, Calif., man was arrested last week for allegedly serving as the middleman in an insurance
LLOYD'S GETS SIX-MONTH RESPITE FROM NAMES DISPUTE
William Pitt |
Lloyd's of London has bought itself a six month respite from the increasingly bitter disputes betwee
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Nov. 5, 1992Prev. Life of Contr. OpenOpen High Low
INSURANCE EARNINGS
From Wire and Staff Reports |
AIG PROFIT FELL IN THIRD QUARTERThird-quarter net income at American International Group Inc
MO. INSURANCE DEPARTMENT RANKS FIRMS BY CONSUMER COMPLAINTS
Jim Gallagher |
Firemen's Fund Insurance Co., Pioneer Life Insurance of Illinois and American General Life Insurance
CHEMICAL BRIEFS
Wire and Staff Reports |
MITSUI MAY NOT REOPEN IWAKUNI ETHYLENE PLANTJapan's Mitsui Petrochemical may permanently clo
ATLANTIC TRADE PROVES TO BE P&O CONTAINERS' ACHILLES' HEEL
Janet Porter |
P&O Containers Ltd., Britain's largest shipping line, is losing around UK10 million ($15.4 million)
Maritime
PITCO FRIALATOR INC.
JOC Staff |
DATE OF AWARD: "E" Award in 1992.WHY THE AWARD WAS GIVEN:With American-style
Maritime
STORM LOSSES MAY HURT MARINE INSURANCE UNDERWRITING CAPACITY DECLINES
Janet Porter |
Hurricane Andrew, which cut a swath of destruction through southern Florida in August, may have an e
US POSTS TARIFFS ON EC PRODUCTS LIST COULD GROW
John Maggs |
The United States Thursday said it will impose punitive tariffs on imports of selected European wine
ASIAN FUTURES
JOC Staff |
Nov. 5, 1992 JAPANFinancial FuturesPrecious MetalsTokyo Commodity Ex
NY UP AGAINST DEADLINE ON MUTUAL BENEFIT PLAN
Margo D. Beller |
Mutual Benefit Life Insurance Co.'s life insurance policyholders and annuitants will receive only ab
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