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BRIEFS
From Wire and Staff Reports |
UAW SEEKS TO REPRESENTFEDEX DISTRICT'S LABORDETROIT - The United Auto Workers has petitioned
FRANCE'S GAN: WE'RE READY FOR PRIVATIZATION
Grog Smosarski |
French state insurer GAN, and its banking subsidiary CIC, are ready to be privatized, Didier Pfeiffe
SINGLE EUROPEAN MARKET REMAINS AN ELUSIVE PREY \ SCOPE OF LIBERALIZATION A CRITICAL QUESTION
Helen R. Macleod |
The single European market is nothing like a reality, despite a raft of European Commission legislat
NEW YORK BILL WOULD ENCOURAGE INSURERS TO SETTLE IN GOOD FAITH
Associated Press |
A bill has been introduced in the New York Legislature to make insurance companies pay legal fees in
BRIEFS
From Wire Reports |
CANADIAN FINDS OILOFF WESTERN AUSTRALIACALGARY - PanCanadian Petroleum Ltd. said it has made
ISC NAMES 2 TO TOP SPOTS AT CENTRAL GULF, FOREST
Journal Of Commerce Staff |
International Shipholding Corp. named two executives to the top management positions of its principa
LYKES CHIEF URGES MARAD TO REJECT CALL FOR CP DEAL REVIEW
Tim Sansbury |
To delay is to kill, the president of Lykes Bros. Steamship Co. said Friday in a letter urging the M
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,500-$1,600 per ton lo
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 248.08 up 1.47 whi
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeMay 9, 1997 *Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
May 9, 1997Included are list prices of suppliers. Quotations do not necessarily represent pr
SENATORS PUSH TO AX ENERGY
Patrick Kelly |
U.S. Republican lawmakers last week renewed their effort to abolish the U.S. Energy Department, call
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 9, 1997No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley 27.7
EXXON EYES SECOND PLANT IN SINGAPORE
Bridge News |
Oil giant Exxon Corp. is expected to approve the construction of a major petrochemical plant in Sing
GASOLINE PRICES
JOC Staff |
May 9, 1997RESELLER RACK Unleaded Mid- Premium-Unlead
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 8, 1997Prev. Life of Contr. OpenOpen High L
BRIEFS
From Wire Reports |
DOW JONES CHANGESUTILITIES AVERAGE LINEUPNEW YORK - In the biggest shake-up in 50 years, Dow
BRE-X SACKS KEY OFFICER, FILES FOR BANKRUPTCY PROTECTION
Associated Press |
Bre-X Minerals, the Canadian mining company whose stock was destroyed by revelations that its gold s
SPOT PRODUCT PRICES
JOC Staff |
May 9, 1997U.S. spot oil product price indications, sellers range, in cents per gallon, f.o.
AUSTRALIAN UTILITY FINDS AN OUTLET IN VIETNAM POWER GRID \ FIRM HOPES UPGRADE SPURS FUTURE DEALS
Ron Corben |
An Australian utility undertaking a $20 million upgrade of one Vietnamese power grid sees it as a po
BRIEFS
From Wire and Staff Reports |
FORMOSA PLASTICS PLANSSECOND PLANT IN USTAIPEI - Taiwan's petrochemical giant Formosa Plasti
TENKE MINING, ZAIRE REBELS STRIKE ACCORD
Associated Press |
A Canadian mining company is putting $50 million down on a copper and cobalt contract that could hel
MAJOR GAINS AND DECLINES IN CARLOADINGS \ THREE WEEKS ENDED MAY 3, 1997, VS. SIMILAR 1996 PERIOD
Adapted from Weekly Railroad Traffic, Association of American |
Cars CarsLoaded Loaded Change Railroad Category 1
CHINA, GERMANY TO STUDY CONVERTING COAL TO FUEL OIL \ PROPOSED PLANT WOULD BE FIRST OF ITS KIND
P.T. Bangsberg |
China is proposing to build what's billed as the world's first plant to convert coal directly into c
ASIAN SHIPOWNERS FOCUS ON HULL INSURANCE ISSUE
P.T. Bangsberg |
Insurance will be the focal point as Asian shipowners gather in Singapore today for the sixth time a
DAILY PETROLEUM PRICES
JOC Staff |
Friday May 9, 1997Prevailing sellers' posted prices at the close of business, representing t
PEOPLE ON THE MOVE
From Wire and Staff Reports |
DHL WORLDWIDE EXPRESSJoseph Riera has joined DHL Airways Inc. as senior vice president and c
LA COMPLEX EXCELS AT EFFICIENCY
Bill Mongelluzzo |
Waterfront employers in Southern California may complain about the cost of longshore labor, but a st
CHINA SETS FLOOR ON BOX PRICES
Peter Tirschwell |
Prices for new marine containers from the world's largest supplier have jumped 10 percent.Th
CHINA SEEKS TO REASSURE INVESTORS ON HONG KONG BORDER INTEGRITY
Mark Magnier |
Border smuggling between Hong Kong and the mainland - now rampant according to many analysts - will
JOURNAL OF COMMERCE - FAST FACTS \ NONFERROUS METALS: US TRADE BALANCE
Bureau of Economic Analysis |
No text.
IRANIAN OIL DEAL A SLAP AT US CURBS \ BRITISH-CANADIAN CONSORTIUM WINS PACT
Michael S. Lelyveld |
In a challenge to U.S. sanctions policy, Iran said Thursday that it has awarded an offshore oil deve
RUSH FOR COVER
Ronald Gift Mullins |
A power plant somewhere in Africa. A pipeline in the former Soviet Union. A telecommunications proje
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
COST OF CREDIT
JOC Staff |
Thursday, May 8, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, May 10, 1996 - May 8, 1997 (a graph)* An
"MR. YEN' TALKS, DOLLAR WALKS
Bridge News |
The U.S. dollar fell Thursday as Eisuke Sakakibara, an influential Japanese Finance Ministry officia
USDA WORRIED ABOUT LOSS OF ETHANOL EXCISE EXEMPTION
Bridge News |
Elimination of the federal ethanol excise tax exemption would ''increase the trade deficit significa
BRIEFS
From Wire and Staff Reports |
CHICAGO MERC EXPANDSITS CURRENCY TRADINGThe Chicago Mercantile Exchange late this week began
Maritime
HOUSE PANEL REJECTS PLAN TO RESTRICT THE EX-IM BANK \ REAUTHORIZATION DEEMED LIKELY FOR THE AGENCY
Richard Lawrence |
The U.S. Export-Import Bank won the first round Thursday against congressional critics seeking to re
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