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INSURANCE EARNINGS
Wire and Staff Reports |
EXEL LTD. REPORTS NET OF $81.9 MILLIONHAMILTON, Bermuda - Exel Ltd. reported net income of $
COST OF CREDIT
JOC Staff |
Tuesday, Sept. 22, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
COMMERCE DESIGNATES MARINE SANCTUARY
Journal of Commerce Staff |
More than 5,400 square miles of coastal waters in the Monterey Bay area of California were designate
Maritime
OKLA. PORT REPORTS RECORD SHIPPING MONTH
JOC Staff |
August was its best shipping month at the Tulsa Port of Catoosa in more than 12 years, said Jon Stua
Maritime
COFFEE-CONSUMING COUNTRIES MAY REJECT UNIVERSAL QUOTA
Knight-Ridder Financial |
The coffee-consuming countries of the International Coffee Organization were expected to reject prod
LOW PRICES MAY FORCE CANADA FIRM TO CUT OUTPUT AT DOMINICAN PLANT
Knight-Ridder Financial |
Falconbridge, a Canadian nickel producer, is considering cutting output at its ferro-nickel plant at
GOLD FUTURES BUOYED BY MARKET UNCERTAINTIES
Wire and Staff Reports |
Buying from commodity funds and the trade pushed gold futures higher Tuesday as uncertainties in the
CANADA CHEMICAL SECTOR POSTS SMALL PROFIT GROWTH
Leo Ryan |
Financial results for the first six months of the year show some bright spots in Canada's chemical s
CHINA WON'T BUY US WHEAT IF JETS SOLD TO TAIWAN
Knight-Ridder Financial |
China will stop importing U.S. wheat if Washington goes ahead with its planned sale of F-16 fighter
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
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Transportation News Ticker, the |
Transportation News Ticker The dry cargo and tanker fixtures listed herewith and compiled in
Maritime
PUBLISHER'S NOTEBOOK
Don C. Becker |
Imagine an awards dinner with 35 acceptance speeches. The occasion was the 35th anniversary
FORMER AMBASSADOR SEES BOOM IN LATIN AMERICA
Kevin G. Hall |
Democratic and economic reforms in Latin America and a Bush administration trade initiative may comb
Maritime
RIG NUMBERS AT LOWEST LEVEL SINCE '74, OIL SERVICE FIRM SAYS
Anne Pearson |
The U.S. drilling rig fleet fell this year to its lowest level since 1974 and should slide even furt
FOREIGN EXCHANGE
JOC Staff |
Quotations, provided by Citibank/New York, Foreign Exchange Desk, are offered rates of New York City
MARINE INSURERS BLAST ADVICE ON SPILL LIABILITY
Janet Porter |
Marine insurers and ship inspectors said the advice attorneys are giving shipowners on how to minimi
Maritime
CLARIFICATION
JOC Staff |
The story "Ferry Fire Lawsuit to Be Heard in Florida" on Page 1B Sept. 17 quoted a spokeswoman from
Maritime
3M BLAMES WEAK ECONOMY FOR 3RD-QUARTER SALES SLUMP
Scott Carlson |
Minnesota Mining and Manufacturing Co. executives said that the company's domestic sales were flat f
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
CHEMICAL BRIEFS
Wire and Staff Reports |
GREAT LAKES CHEMICAL BUYS STAKE IN CHEMOLWEST LAFAYETTE, Ind. - Great Lakes Chemical Corp. h
AGGRESSIVE CHINA SELLING THREATENS INDIA SUGAR EXPORTS, LICHT SAYS
Knight-Ridder Financial |
An Indian contract to sell Jordan 200,000 metric tons of white sugar fell through after China underc
FREIGHT RATE FUTURES
JOC Staff |
Sept. 22, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INVESTORS BUILDING PORT FOR CHILE FOREST PRODUCTS
A.K. O'reilly |
Private investors are developing a new port in Corral, about 30 miles downriver from the city of Val
Maritime
INVESTORS DELAY PROJECTS IN ANGOLA UNTIL ELECTIONS
Milton G. Allimadi |
Business executives are delaying investments in Angola until after a landmark election scheduled for
Maritime
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange Sept. 22, 1992Residual Fuel Oil - (Dollars Per Met
MULTINATIONAL FUND ACCEPTS LOCAL LATIN LOAN GUARANTEES
Charles W. Thurston |
Most small businesses in Latin America long have been shut out of loans from big commercial banks, f
Maritime
BRAZIL, BANKS FINISH DEBT DEAL
(Reuter) |
Brazil and its creditor banks Monday said they have completed negotiations on the terms of a $44 bil
S&P: TRAVELERS, PRIMERICA "STABLE' FOLLOWING AGREEMENT ON STOCK SALE
From Wire and Staff Reports |
One day after Travelers Corp. announced a deal to sell over a quarter of its stock to Primerica Corp
FRENCH, GERMAN UK EXPORTERS DUMPING STEEL, COMMERCE SAYS
Journal of Commerce Staff |
French, German and British exporters are selling lead and bismuth carbon steel in the United States
STRICT ENFORCEMENT OF HARBOR TAX YIELDS WINDFALL
Michael S. Lelyveld |
A sudden surge in collections caused by stricter enforcement of the harbor maintenance tax has appar
TRADE BRIEFS
Wire and Staff Reports |
OFFSHORE PIPELINES, HYUNDAI FORM VENTUREOffshore Pipelines Inc. said it completed the format
Maritime
ENERGY BRIEFS
From Wire and Staff Reports |
NATURAL GAS STORAGE AT 63 PERCENT DESPITE ANDREWNEW YORK - Major U.S. natural gas st
DAILY PETROLEUM PRICES
JOC Staff |
Monday Sept. 21, 1992 Prevailing sellers' posted prices at the close of business, representi
SEA-LAND, MAERSK MULL US-S. AMERICA VENTURE
Allen S. Roberts |
Sea-Land Service Inc. and Maersk Line, encouraged by their success in sharing vessels on the slumpin
Maritime
NEGATIVE GROWTH FOR SOUTH AFRICA SEEN FOR 1992
Knight-Ridder Financial |
The World Bank expects South Africa's gross domestic product for 1992 to fall to minus 0.7 percent,
TAIWAN CONSUMER BOOM CONTINUES UNABATED
(Reuter) |
As the global economy falters and consumers cut back in many countries, Taiwan's consumer boom shows
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
Sept. 21, 1992 Copper Total, 43,333. Gold Total, .1,806,104.Silver Total, .27
CRB FUTURES INDEXES
JOC Staff |
The Commodity Research Bureau's future price index closed Friday at 201.99 up 0.12 which compares wi
DOMESTIC FREIGHT SHIPMENTS REVIVE AIR CARGO THROUGH PACIFIC NORTHWEST
John Davies |
Air cargo volume at major airports in the Pacific Northwest climbed to record levels in July and Aug
CRB FUTURES OUTLOOK - JAMES NEVLER GOLD PROVIDES LITTLE COMFORT IN CURRENT MONETARY CRISIS
James Nevler |
Ever since President Nixon closed the gold window in 1971, ending the Bretton Woods Agreement that h
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