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EAST, WEST GERMAN GAP WON'T BE CLOSED QUICKLY
Knight-Ridder Financial |
The gap in private and public living standards between western and eastern Germany cannot be closed
INSURANCE BRIEFS
Wire and Staff Reports |
MOODY'S DOWNGRADE ANGERS TRAVELERSHARTFORD, Conn. - Travelers Corp. published a shar
JAPANESE RICE FARMERS STEAMING OVER PLAN TO LIFT BAN ON IMPORTS
(Reuter) |
In the pouring rain, more than 150 Japanese weekend vacationers take off their shoes, jump into the
SINGAPORE OIL FUTURES
JOC Staff |
Singapore International Monetary Exchange June 5, 1992Residual Fuel Oil - (Dollars Per Metri
DAILY PETROLEUM PRICES
JOC Staff |
Friday June 5, 1992 Prevailing sellers' posted prices at the close of business, representing
MARITIME BRIEFS
From Wire and Staff Reports |
NEPTUNELINK INFORMS AUSTRALIAN SHIPPERSSINGAPORE - Neptune Orient Lines Ltd. introdu
Maritime
COMEX METAL WAREHOUSE
JOC Staff |
June 5, 1992 Copper Total, 33,175. Gold Total, .1,640,185.Silver Total, .266,
CANADIAN BEEF EXPORTS TO US ON PACE TO SET RECORD HIGH IN '92
Dwayne Klassen |
Canadian beef exports to the United States are on a pace to establish a record high in 1992, industr
AGROCHEMICAL PRODUCERS FRET OVER EC FARM-SUBSIDY CUTS
Ira Breskin |
Most agrochemical producers will be hurt by the European Community's recent decision to significantl
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 5, 1992 Prices in the spot chemicals table include spot quotations or list prices
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
ZURICH EXPECTS GROWTH IN GROSS PREMIUMS IN '92
John Zarocostas |
Zurich Insurance Co., Switzerland's largest insurance company, expects growth in gross premiums this
TEXAS LAWMAKERS HIT INSURERS OVER WORKERS COMP RATE HIKES
From Wire Reports |
State insurance officials were criticized by lawmakers last week for accepting maximum increases in
INSURERS EXPECT BATTLE ON DIVIDEND PAYMENTS
Paul Dykewicz |
The insurance industry appears to be heading for a clash this week with state insurance commissioner
LATIN NATIONS BAND TOGETHER IN COMPLAINT OF BANANA QUOTA
Scott Norvell |
Six Latin American countries agreed to join Costa Rica in a formal complaint to the General Agreemen
Maritime
FLIGHT-TRAINING COMPANY GETS EASTERN FACILITY
Knight-Ridder Newspapers |
The nation's largest flight-training company has taken over Eastern Airlines' abandoned facility at
Transport, Trade and Regulation News
LESS-THAN-TRUCKLOAD CARRIERS SEE BLEAK FUTURE IN WEAK ECONOMY
Mark B. Solomon |
These are trying times for the nation's less-than-truckload carriers. Buffeted by competitor
MCDONNELL DOUGLAS TO PHASE OUT ITS PLANT IN TORRANCE, CALIFORNIA
Journal of Commerce Staff |
McDonnell Douglas will phase out its Torrance, Calif.-based facility as a fabrication plant, the com
JAPAN BANKS WEIGH DROP IN SHORT-TERM PRIME
Knight-Ridder Financial |
Some money dealers here have begun discussing a possible drop in the short- term prime rate, followi
TRAVELERS TO EXPAND STOP-LOSS COVERAGE
Journal of Commerce Staff |
Travelers will begin to market stop-loss insurance for self-funded employee benefit plans through In
PLAN TO REVAMP MEXICO'S PEMEX MAY DRAW OUTSIDE INVESTMENT
Alva Senzek |
A proposal to restructure Petroleos Mexicanos SA, Mexico's state-owned oil company, could open the d
NY OIL OPTIONS
JOC Staff |
New York Mercantile Exchange June 4, 1992CRUDE OIL(1,000 barrels; dollars and cents
DUKE POWER TO DELAY BUILDING NEXT COAL PLANT
Joseph Menn |
Reduced expectations for industrial growth in the Charlotte area and a new emphasis on conservation
CANADA LIFTS BAN ON RUSSIA FREIGHTERS BUT HARD CURRENCY WORRIES STILL LOOM
Leo Ryan |
Canada lifted its two-month-old ban on Russian freighters that had been calling there to pick up gra
Maritime
EC MINISTERS STRIVE TO WRAP UP SINGLE-MARKET TAXATION PLANS
Knight-Ridder Financial |
European Community finance ministers meeting in Luxembourg Tuesday expect to try to finalize Europea
Maritime
EX-AROCHEM PRESIDENT PLEADS NOT GUILTY TO 24 FRAUD CHARGES
Knight-Ridder Financial |
Will Harris, former president and chief executive officer of AroChem, a Connecticut-based oil tradin
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
Annual 1 Mo. 3 Mo. Year Daily Smoothed Ago Ago Ago6/5 6/4 Change % Change: 5/12
CHEMICAL BRIEFS
Wire and Staff Reports |
TONEN, NIPPON STEEL DENY MERGER REPORTSTonen Chemical Corp. and Nippon Steel Chemical Co. ha
NEW GUATEMALAN FIRM LOOKS TO BRING AIRCRAFT MANUFACTURING TO LATIN AMERICA
Shelley Emling |
Glasair Aircraft Co. SA, which is opening a manufacturing plant here in mid- August, hopes to become
Maritime
EDWARDS RETURNS AS GULFPORT DIRECTOR
Journal of Commerce Special |
Bill Edwards, former Port of Gulfport executive director, is back at the helm. Mr. Edwards,
Maritime
LIRA, POUND, KRONE BATTLE FOR FINAL EC CURRENCY SPOT
Tim Jones |
The Danish krone, sterling and the Italian lira look set to battle it out for the bottom spot on the
DUNKEL REFUSES TO DROP MARITIME, OTHER SERVICE INDUSTRIES FROM GATT
Keith M. Rockwell |
Market-opening reforms under negotiation in global trade talks must include service industries like
COMMUNICATION TIME-LAG LEAVES TRUCKERS SKEPTICAL
Tony Seideman |
Time is more important than money for truckers who want to communicate with vehicles on the move, sa
Transport, Trade and Regulation News
US IMPOSES TRADE EMBARGO ON YUGOSLAVIA
(Reuter) |
The United States Friday imposed a trade embargo on Yugoslavia in a tightening of sanctions against
BANK, AIRLINE WORKERS TO JOIN INDIA'S STRIKE ON JUNE 16
Knight-Ridder Financial |
Employees of banks and airlines are expected to join a nationwide strike set for June 16, bringing b
NORTHWEST JACKET ELIMINATED AS CAUSE OF MECHANIC'S BURNS
Knight-Ridder Newspapers |
Officials for Northwest Airlines and Machinists Air Transport Lodge 143 have ruled out thecompany's
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
ZAIRE OFFICIALS TALK COBALT SALES
Knight-Ridder Financial |
Representatives from Zaire's Gecamines are due in Tokyo this week to discuss the outlook for cobalt
LLOYDS DROPS BID TO GET CONTROL OVER MIDLAND BANK
(Reuter) |
Britain's Lloyds Bank Friday abandoned the fight to win control of Midland Bank PLC, leaving victory
MEBA'S CULLISON GROUP CLAIMS VICTORY WITH MARINE CARRIERS INC. AGREEMENT
Tim Shorrock |
The leaders of an embattled maritime union last week signed an agreement to provide licensed enginee
Maritime
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