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NYMEX WON'T ALTER GASOLINE FUTURES
Knight-Ridder Financial |
Although New York state last week said it would adopt new gasoline-oxygen rules on an emergency basi
API WEEKLY REPORT US GASOLINE INVENTORIES INCREASE JOURNAL OF COMMERCE STAFF
JOC Staff |
U.S. primary inventories of gasoline rose 1.9 million barrels in the week ended Sept. 18compared wit
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Sept. 23, 1992 Prevailing sellers' posted prices at the close of business, represe
TEAMSTERS CHIEF SLAMS UPS FOR BOOSTING PART-TIMERS
Mark B. Solomon |
Ron Carey, Teamsters union president, facing contract talks this fall with United Parcel Service, ac
SPAIN REIMPOSES CURRENCY CONTROLS IS FRANCE NEXT?
Gordon Platt |
Spain reimposed foreign exchange controls Wednesday to defend its currency, a move that revived the
GAS PRICES CLIMB AT RECORD PACE AS CONCERNS SPARK BUYING SPREE
Anne Pearson |
Gas prices, which took their largest one-day leap on Tuesday, were sharply higher again Wednesday, a
ENERGY BRIEFS
From Wire and Staff Reports |
SUBROTO SEES ECUADOR COMING BACK TO OPECThe Organization of Petroleum Exporting Coun
7 NY UTILITIES PAY BILLIONS IN TAXES
JOC Staff |
New York state's seven investor-owned utilities paid over $3.15 billion in taxes to state and local
ILWU STAGES STRIKE AT PORTS ON WEST COAST OF CANADA
Knight-Ridder Financial |
Canada's west coast ports were strike-bound as longshoremen walked off their jobs late Tuesday, but
Maritime
COAST GUARD WILL ISSUE SPILL POLICY CIRCULARS
WILLIAM DiBENEDETTO |
The Coast Guard is issuing special policy circulars outlining what tanker operators and oil facility
Maritime
POOR TAX COLLECTION LETS SHIPPERS ESCAPE NET
Michael S. Lelyveld |
Millions of dollars in harbor taxes on shippers are lost each year because of paperwork mistakes tha
P-I-E OFFERS UNDERCHARGE SETTLEMENT REFUNDS TRUSTEE PRESSED TO ACT BY JUDGE
Stephanie Nall |
The trustee for defunct truck line P-I-E Nationwide Inc., after running afoul of a U.S. Bankruptcy C
JOURNAL OF COMMERCE - FAST FACTS AVERAGE ADJUSTED TRUCK TONNAGE INDEX
JOC Staff |
No Story.
US PORTS SEEK TO WRESTLE CONTROL OF DREDGING PROJECTS FROM CORPS
Alan Abrams |
Ports want to get into the dredging business. Traditionally, most dredging projects have been manage
Maritime
JAPAN SEEKS TO AVOID US-STYLE BAILOUT OF BANKING SECTOR
Merrill Goozner |
An ill-defined proposal to rescue Japan's banks touched off a stock-market rally last month, but the
US, BRAZIL SIGN DEAL TO RESCHEDULE PUBLIC DEBT
Journal of Commerce Staff |
The United States and Brazil signed an agreement Wednesday rescheduling about $1.6 billion in public
SURVEY FINDS NAFTA FAVORED BY 72 PERCENT OF US EXECUTIVES
(Reuter) |
Almost three-quarters of the nation's business executives favor the North American free-trade agreem
BANKS TO EXCHANGE DEBT TO ARGENTINA FOR DISCOUNT BONDS
Knight-Ridder Financial |
Representatives of a group of banks have agreed to exchange at least 35 percent of their existing de
BALANCE-OF-PAYMENTS SURPLUS DECLINED FOR DUTCH IN QUARTER
Knight-Ridder Financial |
The surplus in the Dutch balance of payments fell in the second quarter by about 600 million guilder
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
COST OF CREDIT
JOC Staff |
Wednesday, Sept. 23, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
GATT'S "QUAD' MINISTERS TO MEET IN CANADA ON URUGUAY ROUND
Knight-Ridder Financial |
Trade ministers from the so-called quad group - the United States, EC, Canada and Australia - are to
FINNISH OFFICIALS PREDICT MARKKA TO JOIN EUROPE RATE MECHANISM
Cathy Kristiansen |
Finland still has to overcome the economic woes that forced a break in its informal link with the Eu
NEW RUSSIAN SCHOOL YEAR SPARKS TEACHER INNOVATIONS
Stephen Seplow |
A new school year started here Tuesday, and Diana Fadeyeva, a high school history teacher, prepared
TREASURY CHIEF PROPOSES STUDY ON WORLD CAPITAL MOVEMENTS
Richard Lawrence |
Treasury Secretary Nicholas Brady called Wednesday for a study of world capital movements to help go
EUROPE RUMORS DROP DOLLAR TO RECORD LOW AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar fell to a record low against the Japanese yen Wednesday, amid growing rumors of a ma
JOB-LOSS FEARS POSE THREAT TO TRADE PACT, SENATOR SAYS
Knight-Ridder Financial |
Ratification of the North American free-trade pact by Congress is in trouble,mainly because
SURVEY SAYS MOST GERMANS WANT VOTE ON EUROPEAN UNION TREATY
Dan Stets |
German Chancellor Helmut Kohl was in Paris Tuesday to discuss with French President Francois Mitterr
TEXTBOOK'S NEW VIEW OF HISTORY SPARKS UPROAR IN MEXICO
(Reuter) |
Mexican children returned to school this week unaware that the "official history" in their textbooks
SHIPPERS, TRUCKERS RELUCTANT TO SETTLE ON UNDERCHARGES
Journal of Commerce Staff |
Congress still hasn't given up the idea of getting a legislative solution to the shipper-truck under
ITALIAN UNIONS PROTEST AGAINST GOVERNMENT
(Reuter) |
Tens of thousands of workers took to the streets Wednesday in some of the biggest anti-government pr
Maritime
FMC TO ISSUE NEW RULES ON SERVICE CONTRACTS
WILLIAM DiBENEDETTO |
The Federal Maritime Commission Wednesday voted to issue proposed rules allowing two or more unaffil
Maritime
PORT OF SEATTLE CLOSES DEAL TO ACQUIRE TRACT OF LAND NEXT TO APL TERMINAL
John Davies |
The Port of Seattle Monday will acquire 33 acres of land that will be used either to develop a super
Maritime
CONSORTIUM SOUGHT TO AID RUSSIAN BANKING
Knight-Ridder Financial |
The European Commission Wednesday launched a tender to select a consortium of major European banks t
OPEL MOVES TO COUNTER COMPETITION FROM JAPAN
(Reuter) |
Adam Opel AG, the German subsidiary of General Motors Corp., Wednesday opened the most modern car pl
PEOPLE - MARITIME
From Wire and Staff Reports |
Andrea Riniker, who has run the airport the past four years, was appointed deputy port director. She
Maritime
PRIVATIZATION IN BANGLADESH REPORTED MOVING AHEAD
N. Vasuki Rao |
A broad privatization program in Bangladesh finally is under way after some delays, bringing it into
Maritime
US, FOREIGN FIRMS SPAR FOR DOMINANCE IN AIDS-TEST MARKET
Lulu Weinzimer |
U.S. companies and their foreign competitors are feuding over the lucrative market for AIDS test kit
Maritime
US WANTS QUICK ACTION ON GATT, EAGLEBURGER TELLS FRANCE'S DUMAS
(Reuter) |
Acting Secretary of State Lawrence Eagleburger told his French counterpart this week that the United
Maritime
EX-SOVIET MERCHANT FLEET NO THREAT TO WESTERN SHIPOWNERS, EXPERTS SAY
Janet Porter |
The huge merchant shipping fleet of the former Soviet Union is in such a state of chaos that it is u
Maritime
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