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BUSH SIGNS BILL MANDATING SANCTIONS FOR DRIFT-NET FISHING
From Wire Reports |
President Bush signed a bill Monday mandating trade sanctions against any country fishing with drift
*SPOT COMMODITIES
JOC Staff |
Nov. 2, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
DOCKERS UNION LOSES APPEAL ON "BLACKLIST'
Tim Shorrock |
The Supreme Court Monday refused to prevent the government from banning a group of New York longshor
MULTIPLE SHIPPERS COULD SIGN DEALS ON RATE DISCOUNTS UNDER FMC PLAN
WILLIAM DiBENEDETTO |
The Federal Maritime Commission has proposed a new way for two or more unaffiliated shippers to nego
Maritime
TRADE BRIEFS
Wire and Staff Reports |
UK UNION ENDORSES BOYCOTT OF DIAMONDBritain's largest labor union endorsed an international
Maritime
HARSH CANADIAN ECONOMY FORCES IMMIGRANTS TO RETURN TO HONG KONG
(Reuter) |
The poor North American economy is forcing hundreds of Hong Kong immigrants to leave their families
LA AIRPORT FUND DIVERSION TO BE DECIDED AT THE POLLS
Kevin G. Hall |
When voters across the nation go to the polls today to elect a president and other politicians, Sout
NWA SEEKS OK TO SELL SOME ASSETS
Journal of Commerce Staff |
NWA Inc., parent of Northwest Airlines, plans to ask its banks for approval to sell some of its asse
BUSINESS TRIES TO CHANGE FRANCE'S IMAGE
(Reuter) |
Belying its image as a place of fun, food and fashion, France is also the world's fourth-largest ind
Maritime
IMPORT LEADS
JOC Staff |
Suppliers of the following items seek U.S. importers/distributors. Interested parties are asked to c
Maritime
JITTERY BUYERS OF CHINESE TEXTILES RUSH TO PLACE ORDERS
Peter M. Tirschwell |
U.S. importers of textile and apparel, fearing that limits on imports from China will be reached ear
Maritime
PAYMENTS DEFICIT WIDENS IN SPAIN
Knight-Ridder Financial |
Spain's September current account deficit was 70 percent larger than in September 1991, and the trad
Maritime
GASOLINE PRICES
JOC Staff |
Nov. 2, 1992 RESELLER RACKUnleaded Mid- Premium-Unlead Prem
RUSSIA TO HELP IRAN BUILD NUCLEAR PLANTS
JOC Staff |
Iran's first nuclear power plants will be built under a 15-year agreement signed with Russian and Ch
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) Nov. 2, 1992Bid AskedCopper_G
FED DENIES IT WILL WEIGH FULL DISCLOSURE OF MEETINGS
Knight-Ridder Financial |
House Banking Committee Chairman Henry Gonzalez, D-Texas, said Monday the Federal Open Market Commit
HONG KONG LOSES CHINESE-BACKED REAL ESTATE DEAL
Knight-Ridder Financial |
What would have been Hong Kong's second largest real estate deal of 1992 fell apart over the weekend
Maritime
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 2, 1992Brent Crude Oil - (Dollars Per Barrel)_
TEXACO RESTARTING CRUDE UNIT IN CALIF.
Knight-Ridder Financial |
Texaco Inc. Monday initiated start-up procedures on its 95,000-barrel-a-day crude unit at its Wilmin
BAYER SLASHES PROFIT FORECAST, BLAMES WEAK WORLD ECONOMY
(Reuter) |
German chemical company Bayer AG has slashed its profit prediction because of the weak world economy
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago11/2 10/30 Change % Change: 10/7
NEW ORLEANS PORT NAMES CHAIRMAN
Special to The Journal of Commerce |
Edgar A. Chase III has been named chairman of the board of commissioners of the Port of New Orleans.
Maritime
BACKWARD PHONE SERVICE MAKES PROGRESS IN PRAGUE
(Reuter) |
Making a telephone call in Prague requires persistence, patience and a good measure of luck.
INDIA SAYS ANNUAL INFLATION EDGES BACK TO DOUBLE DIGITS
Knight-Ridder Financial |
India's annual inflation rate, aided by a mid-September increase in petroleum product prices, is edg
MORE COFFEE OFFERINGS LEAD TO DECLINE IN PRICE OF FUTURES
Wire and Staff Reports |
Coffee prices Monday slipped amid profit-taking following Friday's surge to a five-month high.
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
MEMBER DEFAULT SINKS CAMBODIAN LOAN CLUB
Scott Takushi |
Masiek Seng organized a loan club with other Cambodian immigrants. The club failed, Mr. Seng says, w
COST OF CREDIT
JOC Staff |
Monday, Nov. 2, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
CARGO VOLUME ON PACIFIC LINES PREDICTED TO INCREASE BY 2 PERCENT TO 5 PERCENT
A.E. Cullison |
Freight volumes on trans-Pacific liner routes will grow between 2 percent and 5 percent through next
Maritime
MALAYSIA CENTRAL BANK EXPANDS IN MARKETS OUTSIDE ASIA
Knight-Ridder Financial |
Bank Negara, Malaysia's central bank, is expanding its presence in late European and New York market
S. AFRICAN WINE FLOWS ACROSS SAVANNAH DOCKS
Craig Dunlap |
Some 180,000 bottles of the first South African wine have flowed across the docks of Savannah, Ga.,
Maritime
TRANSPORT BRIEFS
From Wire and Staff Reports |
TAIWANESE TO HELP BUILD RAILWAY LINE IN CHINATAIPEI, Taiwan - A Taiwanese investment
BOOMING FOOD EXPORTS PROMPT USDA TO OPEN MEXICO OFFICE
Charles W. Thurston |
Convinced that the multibillion-dollar boom in U.S. food exports to Mexico will continue, U.S. Secre
Maritime
QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of Oct. 31, 1992* Country Category Description
Maritime
BRITAIN WARNS US NOT TO BLOCK BA'S DEAL TO BUY USAIR STAKE
(Reuter) |
Britain warned the United States Monday that it must approve British Airways PLC's planned $750 mill
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
SUN TALKS TO OIL-PRODUCING NATIONS ABOUT OHIO REFINERY JOINT VENTURE
David Bird |
Sun Co. officials are talking with oil-producing nations both within and outside of OPEC about the p
ENVIRONMENTALIST HEADS ONTARIO HYDRO
Journal of Commerce Staff |
Maurice Strong, a noted Canadian environmentalist and former chairman of Petro-Canada, has been appo
COFFEE PRICE LIKELY TO DROP IF BRAZIL RELEASES STOCKS
Elizabeth Herrington |
Prospects for release of government coffee inventories by Brazil, the world's largest coffee produce
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Nov. 2, 1992 Quotations are based on prices reported in the market or obtained from su
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