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S&P AFFIRMS "AAA' RATINGS ON GEICO'S CLAIMS ABILITY
Journal of Commerce Staff |
Standard & Poor's Corp. Friday affirmed the "AA" rating of $100 million of senior unsecured debt of
ECS OFFERS LIABILITY COVERAGE ON AN OCCURRENCE BASIS
JOC Staff |
ECS Underwriting Inc. is offering general liability coverage on an occurrence basis for various kind
INSURANCE BRIEFS
From Wire and Staff Reports |
CALIFORNIA BANS 4 UNLICENSED INSURERSJohn Garamendi, California insurance commissioner, rece
TRADE BRIEFS
From Wire and Staff Reports |
US, JAPAN PLEDGE AID TO EX-SOVIET REPUBLICSTOKYO - Japanese Foreign Minister Michio
Maritime
CHILEAN ACCORD GIVES "K' LINE, NYK A PRESENCE IN THE S. AMERICAN TRADE
Allen S. Roberts |
Still more global carriers - this time, two Japanese lines - have signed agreements with a regional
Maritime
BUREAUCRATS FLOUNDER SELLING CROP INSURANCE 2 POLICIES SOLD SINCE JANUARY
Paul Dykewicz |
A congressional effort to force the U.S. Department of Agriculture to use its employees to sell fede
S. KOREAN TRADERS FORM FORWARDING CONSORTIUM
Kevin G. Hall |
The worst fears of many Korean-American freight forwarders and customs brokers have apparently come
COST OF CREDIT
JOC Staff |
Thursday, Oct. 29, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
DRUG MAKERS CAUTIOUS ON RUSSIAN INVESTMENT
Duncan Robinson |
The wave of privatization that is sweeping the former states of the Soviet Union has left few Russia
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
HARKEN INC.
JOC Staff |
DATE OF AWARD: "E" Award in 1992.WHY THE AWARD WAS GIVEN:With the U.S. leisu
Maritime
UTILITIES URGED TO ADOPT FUTURES-LINKED GAS PRICE
Knight-Ridder Financial |
State regulators of public utility companies should encourage electric and gas utilities to purchase
RUSSIA SET TO DRAFT NEW LAWS TO LURE OIL INVESTMENT
(Reuter) |
New laws crucial to reviving Russia's oil industry and attracting foreign investment are likely to b
AGRICULTURE DEPARTMENT OFFERS FARMERS PUT-OPTION PROGRAMS FOR '93 CROPS
Knight-Ridder Financial |
Farmers will be offered put options on 1993 new crop futures for the first time as an alternative to
INDIA OPPOSITION PARTY TO PROTEST WHEAT IMPORTS
Knight-Ridder Financial |
India's major opposition party next month will take wheat-laden trucks to Prime Minister P.V. Narasi
*SPOT COMMODITIES
JOC Staff |
Oct. 29, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
PANAMA CANAL REVENUE DIPS AS TRAFFIC REBOUNDS FROM GULF WAR SLUMP
Journal of Commerce Staff |
Maritime traffic and revenue on the Panama Canal declined slightly in fiscal 1992 as cargo flows ret
Maritime
CLINTON TAKES STAND AGAINST USAIR-BA AGREEMENT
(Reuter) |
Democratic presidential candidate Bill Clinton said Wednesday night that he was opposed to British A
WITNESS FRUSTRATES FMC IN PROBE OF TAIWANESE FIRM'S RATE PRACTICES
Kevin G. Hall |
A California-based sales representative for a Taiwanese exporter has failed to pay a $56,000 federal
Maritime
SEATTLE PORT CLEARS WAY FOR SEA-TAC RUNWAY STUDY
Seattle Times |
The Port of Seattle moved one step closer to approving a third runway at Seattle-Tacoma Internationa
CORRECTION
JOC Staff |
A story headlined "General Motors Gears For Court Fight to Recover Duties Levied By Customs" on Page
Maritime
DISPLACED WORKERS SAY VOWS BY GOVERNMENT UNFULFILLED
Bill Mintz |
President Kennedy pledged the federal government would help Americans thrown out of work by free tra
Maritime
TRANSPORT EARNINGS
From Wire and Staff Reports |
PROFIT INCREASES 11.6 PERCENT AT WISCONSIN CENTRALROSEMONT, Ill. - Wisconsin Central
EXPORT ABCS - HENRY A. SAMUEL SPECIAL ASPECTS OF CONTRACTS WARRANT CAREFUL ATTENTION
Henry A. Samuel |
The exporter must be extra sensitive when negotiating export contracts, in light of differences in c
Maritime
WORLD BANK UNIT AIMS TO INVEST IN CHINA
Knight-Ridder Financial |
A World Bank unit hopes to invest $500 million to $600 million in China over the next three years to
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
CFC BAN CHILLING FOR SOME, HOT OPPORTUNITY FOR OTHERS
John J. Fried |
The 1995 ban on the production of chlorofluorocarbons, the chemicals chomping away at the ozone laye
LA. PORT PLANS TO REVIEW PROJECT BIDS NOV. 9
Special to The Journal of Commerce |
The Lake Charles Dock Board plans to review bids at its Nov. 9 meeting for a $17 million constructio
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Oct. 29, 1992 Copper Total, 64,922. Gold Total, .1,777,405.Silver Total, .278
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Wednesday at 199.57 off 0.55 which compare
COMMODITY BRIEFS
Wire and Staff Reports |
BUSH SIGNS BILL ON FUTURES REGULATIONSWARREN, Mich. - President Bush Thursday signed a bill
INSURANCE EARNINGS
From Wire and Staff Reports |
NAC RE POSTS LOSS FOR THIRD QUARTERGREENWICH, Conn. - Nac Re Corp. reported a net lo
INSURANCE BRIEFS
From Wire and Staff Reports |
NAC TO ASSUME PART OF SKANDIA'S BUSINESSGREENWICH, Conn. - NAC Re. Corp. will assume a major
PHILIPPINE CARGO SCAM LINKED TO ORGANIZED-CRIME GROUP
Mark Magnier |
A Philippine crime syndicate that is believed to have ties to Japan's Yakuza organized crime group i
FMC SETTLES FOUR PACIFIC RATE CASES
Journal of Commerce Staff |
Four shippers and freight forwarders will pay the Federal Maritime Commission slightly over $56,000
Maritime
US, EC TRY ANEW TO END FARM RIFT EYE CHICAGO TALKS
Keith M. Rockwell |
The United States turned up the heat on the European Community Thursday in the long-running battle o
SIU'S J. FAY ELECTED VICE CHAIRMAN OF INTERNATIONAL SEAFARERS GROUP
Tim Shorrock |
A top U.S. maritime union official Wednesday was elected vice chairman of the Seafarer's Section Con
Maritime
CARIBBEAN NATIONS ADVISED TO NEGOTIATE DEBT RELIEF
Charles Lunan |
The newly elected president of Guyana said Western models of economic growth hold little promise for
DOLLAR DRIFTS WHILE MARKETS AWAIT OUTCOME OF ELECTION
Knight-Ridder Financial |
The U.S. dollar fluctuated narrowly Thursday as currency markets seemed to mark time until next week
TRANSPORT BRIEFS
From Wire and Staff Reports |
GROUP SEEKS PROBE OF TANKER TRUCK BLASTA highway safety group has asked the chairman
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