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CLARIFICATION
JOC Staff |
"East Coast Port Rivalry Heats Up As Discount Plan Debuts in Virginia," on Page 8B Monday, should ha
Maritime
7 STATES BID FOR POWER TO CURB TRASH IMPORTS
Dane Hamilton |
Fearing their states will be engulfed by "a rising tide of waste," the governors of seven states cal
SNAG IN SENATE JEOPARDIZES REFORMS ON AIR ACCIDENT LIABILITY, CARD WARNS
Mark B. Solomon |
Attempts to reform a decades-old system for compensating victims of international air accidents may
CORRECTION
JOC Staff |
The headline on a Friday, Sept. 25, story about Carolina Freight Carriers Corp. on Page3B misstated
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
ABELES' ABRUPT RESIGNATION CLOUDS FUTURE OF TNT LTD.
Mark B. Solomon |
In 40 years, Sir Peter Abeles built Thomas Nationwide Transport, better known as TNT Ltd., into one
SEARS TO SELL STAKES IN ALLSTATE, DEAN WITTER RESTRUCTURING MAY REDUCE DEBT BY $3 BILLION
Paul Dykewicz |
Sears, Roebuck and Co. said Tuesday it will turn its Allstate Insurance Group and Dean Witter Financ
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Sept. 29, 1992 No. 4/ No. 6/ No. 6/1% 1% 0.5%
TNT EXPRESS SEVERS TIES WITH AGENT OVER INDIA AD
William Armbruster |
TNT Express Worldwide has severed its relationship with its Indian agent, which has twice depicted A
COST OF CREDIT
JOC Staff |
Tuesday, Sept. 29, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
IRAN WANTS OPEC TO LOOK AT NON-DOLLAR PRICING SYSTEM
(Reuter) |
OPEC oil exporters should consider pricing oil by a basket of currencies instead of in dollars follo
INDIA COURT WANTS TO HASTEN EXTRADITION OF FORMER CHAIRMAN OF UNION CARBIDE
(Reuter) |
An Indian court told federal investigators Tuesday to speed up attempts to extradite the former head
MONSANTO DENIES PLANS TO SELL G.D. SEARLE
Steven Morris |
Monsanto Co. officials denied this week that the company might be trying to sell G.D. Searle and Co.
1992 - THE EUROPEAN COMMUNITY ROUNDUP WEEK OF SEPT. 28
Journal of Commerce Staff |
The European Community Commission is poised to revive an EC-wide steel quota system for Czechoslovak
Maritime
RUSSIA, UKRAINE SEEK GRAIN CREDITS
Duncan Robinson |
The refusal of Russian and Ukrainian farmers to sell this year's wheat crop to their respective gove
EASTERN GERMAN INDUSTRIAL OUTPUT FELL IN JULY
Knight-Ridder Financial |
Eastern German industrial production dropped 1.63 percent in July from June and 4.4 percent from Jul
SELL OR HOLD: GRAIN FARMERS' PROFIT DILEMMA
Howard Simon |
Blessed with relatively good weather late in the growing season, yet cursed with shrinking export de
CARPAL TUNNEL INJURY CALLED MALADY OF INFORMATION AGE
Carol Kleiman |
One year after her office at Aetna Life & Casualty in Hartford, Conn., was automated, Marty M. Koehl
CARRIERS SCRAMBLE FOR CARGO AS WORLD GRAIN MARKET SOFTENS
Erich E. Toll |
The sale in grain shipping is being held over. Grain exporters are likely to continue paying
ILL. REGULATOR WON'T RENEW QUILL FOUNDER'S LICENSE
Margo D. Beller |
The Illinois Insurance Department has refused to renew the license of Quill Marine Insurance Underwr
SPOT NATURAL GAS PRICES
JOC Staff |
COASTAL GAS MARKETING COMPANY Coastal Gas Marketing Company (formerly ANR Gathering Company)
TRANSPORT BRIEFS
From Wire and Staff Reports |
AMERICAN AIRLINES SETS CARGO-CARRYING RECORDFORT WORTH, Texas - American Airlines carried mo
FREIGHT RATE FUTURES
JOC Staff |
Sept. 29, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange Sept. 29, 1992Prev. Life of Contr. OpenOpen H
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Sept. 29, 1992Brent Crude Oil - (Dollars Per Barrel)
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Sept. 29, 1992Residual Fuel Oil - (Dollars Per Met
BONN, E. GERMAN STATES CAN'T AGREE ON CLEANUP
Knight-Ridder Financial |
Bonn and leaders of three eastern German states failed to reach agreement over how to share the cost
FLORIDA POWER TO RAISE RATES BY AVERAGE 8.4 PERCENT
Adam Yeomans |
Electric prices charged by Florida Power Corp. will increase an average of 8.4 percent under a rate
DOLLAR FALLS ON EXPECTATIONS FED WILL LOWER INTEREST RATES
Knight-Ridder Financial |
The U.S. dollar declined against European currencies Tuesday, primarily on market expectations that
ECUADOR PLANS NOVEMBER DEBT TALKS
(Reuter) |
Ecuador is planning to start negotiations over its $6 billion debt to commercial banks in November,
RUBLE HITS LOW IN MOSCOW TRADE
Knight-Ridder Financial |
The ruble Tuesday reached a record low in trading at the Moscow Exchange, Radio Russia reported.
PUERTO RICANS SEE TRADE ZONES AS KEY TO COMPETING WITH MEXICO
Larry Luxner |
Local manufacturers, worried about the recently announced free-trade pact encompassing the United St
Maritime
OFFICIAL SAYS GUYANA SET TO SELL SUGAR INDUSTRY
Knight-Ridder Financial |
The Guyana government is negotiating the sale of the state-owned sugar industry with two prospective
MALAYSIA SEES SELF-SUFFICIENCY IN PLASTIC RESINS BY 1995 NATION EXPECTS TO EXPORT SURPLUS
P.T. Bangsberg |
Malaysia expects to be self-sufficient in production of plastic resins such as polypropylene and pol
P&G, NIGERIA FIRM FORM JOINT VENTURE
JOC Staff |
Procter & Gamble Co. and Link-up Investments Ltd. of Ibadan, Nigeria, formed a joint venture to mark
Maritime
INSURANCE BRIEFS
From Wire and Staff Reports |
BETTER CODE ENFORCEMENT NEEDED, STUDY SHOWSA recent report found that property damage caused
LIABILITY INSURERS FIGHT RULES ON CARRYING CARGO BY SEA
Brigitte Maxey |
The liability insurers that provide coverage for the world's shipping fleet are fighting rules gover
HOPPER CAR FLEET FALLS AS GRAIN OUTPUT STALLS
Gregory S. Johnson |
The number of hopper cars in the nation's grain-hauling fleet will continue to fall unless something
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Monday at 200.00 off 1.21 which compares w
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago9/29 9/28 Change % Change: 9/3
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