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DAILY PETROLEUM PRICES
JOC Staff |
Wednesday July 22, 1992 Prevailing sellers' posted prices at the close of business, represen
CORRECTION
JOC Staff |
The story headlined "Amerada Hess Hikes Residual Fuel Prices," on Page 7B Wednesday, wasincorrect. D
COMMODITY BRIEFS
Wire and Staff Reports |
TALKS AIM TO BREAK URUGUAY ROUND DRAWSenior negotiators in the six-year international trade
INSURANCE BRIEFS
Wire and Staff Reports |
STATE FARM SETTLES CASE, PAYS SOME BENEFITSState Farm Insurance, accused of refusing to pay
HUGO VICTIMS GET POWER-FAILURE COVERAGENEWSPAPERS
JOC Staff |
Barbara Esposito was in no mood to be jerked around. It was 1989, and Hurricane Hugo had just ripped
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago7/22 7/21 Change % Change: 6/26
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,200-$1,300per ton lots &
CHINA MAY EXPORT MORE COTTON COULD BE US COMPETITOR NEXT YEAR
Gregory Wright |
China could become a key U.S. competitor in the cotton market because it is expected to maintain hig
COST OF CREDIT
JOC Staff |
Wednesday, July 22, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
RUST BELT SEEN TRAILING REST OF US IN ECONOMIC RECOVERY
Chicago Tribune |
The industrial core of the Midwest is facing a hesitant recovery, plagued by the exodus of manufactu
CHINA ADMITS FIRING WARNING AT "K' LINE SHIP
(Reuter) |
China has acknowledged that one of its ships fired warning shots at a Japanese-operated cargo vessel
Maritime
NC PORTS AGENCY FIGHTS FOR BUSINESS AT HOME STATE EXPORTERS GET TAX BREAK
Alice Cantwell |
North Carolina watched for too long as products indigenous to the Tarheel state, such as tobacco and
Maritime
AIR CANADA STRANDED AT ALTAR BY BRITISH AIRWAYS-USAIR DEAL
Leo Ryan |
The projected alliance between British Airways and USAir leaves Air Canada standing at the altar, in
OSPREY'S COST, DEVELOPMENT WOES COOL AIR CARGO INDUSTRY INTEREST
Tony Seideman |
Aviation executives are downplaying the air cargo industry impact of Monday's crash of an experiment
PEOPLE - TRANSPORT
From Wire and Staff Reports |
Manuel Espinola was named manager of U.S. operations. A veteran of over 20 years with Aeromexico, hi
ACCESS TO RAIL SERVICE HELD VITAL TO IND. PORT
Tim Zorn |
The state's deepwater port here would gain business if the Indiana PortCommission were allow
AVIATION PACT ELUDES US-BRITISH NEGOTIATORS
Keith M. Rockwell |
Talks aimed at further liberalization of the air routes between Britain and the United States ended
BUSH'S CHANCES OF GETTING SUPPORT FROM ILA, ILWU SEEN VIRTUALLY NIL
Craig Dunlap |
The chances of President Bush receiving an election endorsement from the International Longshoremen'
Maritime
GLOBAL SALES BOOST PROFIT FOR DRUG COMPANIES
(Reuter) |
Strong international sales of prescription drugs and other products helped major pharmaceutical firm
JAPAN PLATINUM MARKET STARTLED BY SELL-OFF AFTER CATALYST NEWS
Knight-Ridder Financial |
Platinum merchants in Japan Wednesday were somewhat taken aback by the sell- off in overseas markets
US, JAPAN, EC, RUSSIA SIGN NUCLEAR FUSION PACT
(Reuter) |
The United States Tuesday signed a six-year $1.2 billion agreement with Russia, Japan and the Europe
UNITED SEEKS CONCESSIONS IN BA PLAN FOR USAIR UK URGED TO LIFT LANDING CURBS
Mark B. Solomon |
United Airlines will move to block British Airways' proposal to take a $750 million stake in USAir G
APPEALS COURT REFUSES TO WEAKEN JONES ACT, REJECTS CONOCO CLAIM
WILLIAM DiBENEDETTO |
A U.S. appeals court refused to weaken domestic shipping law requiring 75 percent American ownership
Maritime
WEYERHAEUSER REPORTS 44 PERCENT JUMP IN PROFIT
John Davies |
Weyerhaeuser Co., one of the nation's largest exporters of forest products, said second-quarter earn
Maritime
PORTS, SHIPPERS TO CONTEST PROPOSAL FOR GENERAL MOTORS TAX BREAK
Michael S. Lelyveld |
U.S port and shipper interests have decided to fight a proposed tax break for General Motors Corp. a
Maritime
400 LIVERPOOL DOCKERS WALK OUT IN DISPUTE
Keith M. Rockwell |
A labor dispute over a change in working conditions has shut down the principal container, timber an
Maritime
UNION PACIFIC, SANTA FE POST STRONG 2ND-QUARTER RESULTS
William Armbruster |
Two railroad holding companies reported strong second-quarter earnings gains Wednesday despite the n
FREIGHT RATE FUTURES
JOC Staff |
July 22, 1992 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) July 22, 1992Bid AskedCopper_
SPOT COMMODITIES
JOC Staff |
July 22, 1992 Included are list prices of suppliers. Quotations do not necessarily represent
SENATE PANEL VOTES TO KILL EXPERIMENTAL BEEF INSPECTION
Knight-Ridder Financial |
A Senate subcommittee endorsed an initiative in the House to kill the U.S. Department of Agriculture
MEXICO PLAN THREATENS US MEAT EXPORTS
Lester Aldrich |
American meat exports to Mexico could be cut severely if Mexican authorities go ahead with plans to
EC COMMISSION OKS NESTLE'S BID FOR PERRIER
Bruce Barnard |
The European Community Commission Wednesday approved Swiss-based Nestle's $3 billion bid for Perrier
Maritime
AUSTRALIA'S ECONOMIC INDICATOR UP
Knight-Ridder Financial |
The Natstat leading indicator of the Australian economy rose again in July, implying stronger prospe
TRANSPORT BRIEFS
From Wire and Staff Reports |
GERMANY CONSIDERS AIRPORT PRIVATIZATIONCANBERRA, Australia - The German government p
TRADE BRIEFS
Wire and Staff Reports |
TRADE PANEL CLEARS WAY FOR STEEL IMPORT PROBE WASHINGTON - The U.S. International Trade Com
Maritime
STRIKE HITS PINK SALMON TRAFFIC
JOC Staff |
Heavy volumes of canned pink salmon that normally begin moving from British Columbia by truck, train
FORMER MTA EXECUTIVE ASSUMES NY PORT POST
Journal of Commerce Staff |
The $5 billion capital improvement project undertaken by the Port of Authority of New York & New Jer
Maritime
CHEMICAL BRIEFS
Wire and Staff Reports |
MARION MERRELL DOW TO EXPAND HEADQUARTERSKANSAS CITY, Mo. - Marion Merrell Dow will spend $3
BALTIC FREIGHT INDEX
JOC Staff |
1063 (July 22, 1992) Previous day - 1060 The Baltic International Freight Futures Market in
Maritime
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