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DAILY PETROLEUM PRICES
JOC Staff |
Friday March 7, 1997Prevailing sellers' posted prices at the close of business, representing
CHINA IS CONFIDENT ON DAM PROJECT, REBUFFS SKEPTICS
Joe Studwell |
Rejecting widespread criticism of its plan to build the world's biggest dam, China insists there are
BRIEFS
From Wire and Staff Reports |
ARGENTINA'S YPF SEEKS20 PERCENT SHARE IN PIPELINEBUENOS AIRES - Argentine oil giant YPF is s
JOURNAL OF COMMERCE - FAST FACTS \ RESEARCH AND DEVELOPMENT: DEFENSE DEPT. OUTLAYS
U.S. Bureau of Economic Analysis |
No text.
FUTURE OF INSURANCE SEEN TO REST WITH TECHNOLOGY
Ron Lent |
Increased use of technology can help insurance companies ''run their back office for half of today's
QUESTIONS OF CONFIDENTIALITY \ A HASTENING OF EVOLUTION RATHER THAN REVOLUTION
Leo Abruzzese |
After years of bitter debate, the ocean shipping industry is on the verge of deregulation.Bu
PROVIDE AND ANALYZE INFORMATION OR PERISH, CUSTOMS BROKERS TOLD
Bill Mongelluzzo |
Under growing pressure to innovate or die, customs brokers are increasingly concerned about the futu
TANKER OWNERS COULD BENEFIT FROM OVERSUPPLY
Arthur Gottschalk |
Don't expect oil prices to rebound this year after sharp drops following increased production and fl
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
TRANSPORT SECTOR LED FEBRUARY SURGE IN JOBS
Tom Connors |
Transportation payrolls shared in a big February surge in employment that surprised economists and r
COST OF CREDIT
JOC Staff |
Friday, March 7, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.
DOLLAR GAINS FROM CONTRAST OF STRONG US, WEAK GERMANY, ANALYSTS SAY
Gordon Platt |
The dollar bulls feasted on a tale of two job markets last week, with the U.S. currency jumping to a
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, March 15, 1996 - March 7, 1997 (a graph)
PARALLEL MARKET \ FOREIGN EXCHANGE RATES*
Currency Data & Intelligence Inc., New York. |
As of Feb. 28, 1997Parallel Market Foreign Exchange Rates are based on unofficial, non-docum
BRIEFS
From Wire and Staff Reports |
MEXICO HAS SURPLUSIN JANUARY TRADEMEXICO CITY_Mexico revised its January trade statistics to
Maritime
ARGENTINA STEPS AROUND WTO ON FOOTWEAR TARIFF
John Maggs |
U.S. footwear companies are learning there are still many ways for uncooperative governments to get
Maritime
QUOTE TO NOTE
Jess Hordes, Washington director of Anti-Defamation League of |
''He was basically bumped. They didn't want this guy who was Jewish to make the visit.''
Maritime
US BIG THREE SEEN TAKING A WRONG TURN ON CURRENCY \ STRONG-DOLLAR COMPLAINT AN "OBSOLETE' APPROACH
Gordon Platt |
The Big Three U.S. automakers don't know what's good for them, or for America, when it comes to doll
Maritime
EU MAY GO TO WTO OVER US TEXTILE RULES
John Zarocostas |
The European Union, charging that new U.S. rules of origin on textile products could damage the comm
Maritime
BRIEFS
From Wire and Staff Reports |
US, JAPAN END TALKSON PAPER WITHOUT PACTTOKYO - Japan and the United States ended two days o
Maritime
PROTECTIONISM MAY HARM EURO-MED POTENTIAL
Bridge News |
Plans to create a free-trade zone involving 15 European Union member states and 12 southern Mediterr
Maritime
LATIN CUSTOMS OFFICIALS PUSH AUTOMATION DRIVE
Kevin G. Hall |
Latin American customs directors who met recently in this gateway city say they are pushing ahead wi
Maritime
NORTHWEST PORTS STILL VYING FOR AN EVER SHRINKING MARKET
William Dibenedetto |
It's still the same old story for Northwest ports in the forest products game: Diversify or die.
"GREEN' GROUPS SLAM CANADA'S PACT PROPOSAL
Russ Banham |
A Canadian proposal for an international forestry agreement has drawn some surprising opposition.
TRADELEADS
The following tradeleads appear exclusively in print in The |
OFFERS TO BUY* SEQUESTRENE FE 138 & TRIGARD 75 WP. Contact: Agrimag S.R.L. (Ciba Geigy). Tel
Maritime
RECOVERY FORECAST FOR PAPER TRADE \ OBSERVERS OPTIMISTIC ON IMPORTS, EXPORTS
Don Amerman |
Worldwide trade in paper products - depressed for much of 1996 - is showing signs of bouncing back.<
TREES ARE TREASURE TO SOUTHEAST PORTS
David Beasley |
Ports throughout the Southeast are investing millions of dollars in expanded facilities to handle fo
ILLEGAL LOGGING CASES SPROUT UP ALL OVER THE US \ INCREASE IN RUSTLING DUE TO RISE IN PRICES
Kate Thomas |
For years the Sisters of Providence, a Roman Catholic order headquartered in Indiana, owned timberla
BRIEFS
From Wire and Staff Reports |
MOST STATE FIRMS REPORTEDPROFITABLE IN VIETNAMHANOI - Almost four out of five of Vietnam's s
Maritime
MALAYSIA AIR IS LAUNCH CUSTOMER FOR BOEING'S NEW 777-200X TWINJET
William Dibenedetto |
Malaysia Airlines intends to buy up to 15 of Boeing Co.'s latest addition to its family of high-tech
Maritime
ASIAN LEADERS RAP TRADE BARRIERS ERECTED BY WEST \ HURDLES HANDICAP MARKET LIBERALIZATION
N. Vasuki Rao |
Asian leaders, under domestic political and social pressure, charged that new trade barriers arising
Maritime
QUESTIONS OF CONFIDENTIALITY \ CARRIERS, CUSTOMERS COOL TO LATEST REFORM MEASURE
William Roberts |
Shipping lines and their major corporate customers are dissatisfied with a pending Senate bill that
RENAULT UNREST AN ILL OMEN FOR EU
Bridge News |
French automaker Renault's restructuring plans have sparked a multinational workers' protest that co
Maritime
PRICE OF IMPORTED COFFEE BEANS TOPS $2 A POUND \ STRIKES, FROST AMONG PROBLEMS AFFECTING COST
Howard Simon |
Plagued by Brazilian port strikes and lower production forecasts, coffee drinkers worldwide will hav
CORRECTION
JOC Staff |
A story in The Journal of Commerce on Page 3B, March 7, headlined ''Mexico initiates changes before
INTERNET REPORTS SPARK POULTRY INDUSTRY OUTCRY
Reuters |
A plan to make U.S. Department of Agriculture safety reports available to consumers on the Internet
BRIEFS
From Wire and Staff Reports |
FREIGHT TRAIN DERAILSWEST OF PHOENIXMONTEZUMA, Ariz. - Vandals apparently released the brake
GLOBAL UNION GROUP BACKS JAPAN'S DOCKERS
Wire And Staff Reports |
The International Transport Workers' Federation, a global coalition of transportation unions, is sup
CHINA BANK LINKED TO OOCL BAILOUT
Bridge News |
A state-owned Chinese bank contributed nearly half of a $120 million package that saved the troubled
BALTIC FREIGHT INDEX
Journal of Commerce |
March 7: 1430
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