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DOLLAR DOWN ON JAPANESE MINISTER'S YEN REMARKS
Bridge News |
The U.S. dollar declined Monday after Japanese Ministry of Finance official Tadashi Ogawa said an ex
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 |
Monday, Jan. 6, 1997Percentages Per Year INTERNATIONAL INTEREST RATESCanada U.K
GINGRICH ETHICS PROBE COULD CAUSE GOP LONG-TERM HARM \ PRESENCE MAY HINDER RIGHT-WING AGENDA
William Roberts |
Republicans will decide today if Rep. Newt Gingrich deserves another term as speaker of the House, b
WTO RULES AGAINST US ON INDIAN WOOL APPAREL
John Zarocostas |
A World Trade Organization dispute panel ruled that U.S. import restraints on Indian wool garments c
CALIFORNIA EXPORTS GROW ANOTHER 10 PERCENT
Peter Tirschwell |
Fueled by continuing growth in Asia-Pacific trade, California's exports continued to surge last year
Maritime
BRIEFS
From Wire Reports |
AIRBUS CLOSES YEARWITH 301 FIRM ORDERSPARIS - Airbus Industrie received 326 firm orders for
Maritime
STRIKES INTENSIFY IN S. KOREA AS SHOWDOWN LOOMS
Jane Lee |
Labor strikes flared again in South Korea with renewed militancy on Monday after prosecutors summone
Maritime
BRIEFS
From Wire Reports |
JAPAN SHIFTING AID FOCUSFROM ASIA TO AFRICATOKYO - The Japanese government has decided to sh
Maritime
QUOTA WATCH
International Development Systems Inc., Washington |
Current Textile Quotas:Where the average recent utilization rate indicates full quota utiliz
Maritime
APPLE EXPORTERS BATTLE BAD WEATHER \ INDUSTRY STILL EXPECTS GOOD SALES, REVENUE
William Dibenedetto |
Northwest apple growers and processors are scrambling to get back up to speed after enduring a 10-da
Maritime
MANILA LIKELY TO ACCEPT US OFFER ON GARMENT EXPORTS TO SETTLE ROW
Associated Press |
The Philippines is likely to accept a U.S. government offer to increase Manila's quota for garment e
Maritime
QUOTE TO NOTE
Stuart Eizenstat, Undersecretary of Commerce, speaking about |
''A number of people called my mission a mission impossible. Many now say the mission is successful.
Maritime
MEXICAN ECONOMY GAINS BUT WORKERS BUY LESS FOOD
Associated Press |
Families of Mexican workers spend 11 percent less on food now than they did 10 years ago because of
Maritime
SAAB LOSES ITS WAY AFTER 7-YEAR GM TIE-IN
Brian S. Akre |
Seven years after General Motors Corp. bought a 50 percent stake in Saab Automobile AB to give the w
Maritime
BRIEFS
From Wire Reports |
UK FIRMS DON'T FEARHONG KONG BACKLASHHONG KONG-British companies don't fear a backlash again
Maritime
GOP SENATORS END RESISTANCE TO AMBASSADOR TO VIETNAM
Elsa C. Arnett |
Senate Republicans appear to have dropped their quiet opposition to President Clinton's attempt to s
Maritime
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ORION CAPITAL CORP.W. Marston Becker was appointed chairman and chief executive of the speci
BRIEFS
From Wire and Staff Reports |
HCC IN PACT TO BUYAVIATION & MARINEHOUSTON - HCC Insurance Holdings Inc. has agreed in princ
PATAKI APPOINTS ACTING INSURANCE SUPERINTENDENT
Margo D. Beller |
Gov. George E. Pataki named Gregory V. Serio as the acting superintendent of the New York Insurance
CRACKDOWN EXPECTED ON COLORADO INSURANCE
Staff And Wire Reports |
A ''bunch'' of bills aimed at cracking down on Colorado's insurance industry is expected this legisl
EARNINGS
From Wire and Staff Reports |
CHARTWELL RE REPORTSRECORD AFTER-TAX INCOMEChartwell Re Corp. posted record after-tax operat
STATE FARM TO INCREASE AUTO RATES IN LOUISIANA
Associated Press |
State Farm Mutual Automobile Insurance Co. will raise its overall rates an average of 2.8 percent in
HOUSE BANKING CHIEF OFFERS DEREGULATION BILL
Margo D. Beller |
Another year, another Congress, another attempt at federal regulation of banks selling insurance.
BRIEFS
From Wire and Staff Reports |
CSX SELLS SOMECONRAIL SHARESPHILADELPHIA - CSX Corp. said Friday it sold 85,000 shares of Co
SPOT COMMODITIES
JOC Staff |
Jan. 3, 1997Included are list prices of suppliers. Quotations do not necessarily represent p
BRIEFS
From Wire and Staff Reports |
SHIPSCOMPUTER GLITCH DELAYSKELANG'S CARGO CLEARINGKUALA LUMPUR, Malaysia - A compute
ERGONOMICS STANDARD KICKED BACK TO BOARD FOR CLARIFICATION OF TERMS
Bill Mongelluzzo |
A controversial ergonomics standard that the trucking industry says could cost millions of dollars t
PHILIPPINE BOXPORT PLAYER WITHDRAWS PLAN
P.T. Bangsberg |
The world's largest private operator of port terminals ''wouldn't touch the Philippines after this;
PACIFIC NORTHWEST RAIL SERVICE HIT HARD BY WEATHER WASHOUTS
Peter Tirschwell |
As exporters and transportation providers in the Northwest began sifting through the damage wrought
DRAYAGE INDUSTRY IS IN FLUX
Bill Mongelluzzo |
Trucking companies that haul intermodal containers at West Coast ports are grappling with the most d
CORRECTION
JOC Staff |
The story headlined ''UPS slaps hikes on a range of shipments'' that appeared Friday on Page 1B shou
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Bridge News, (formerly |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
BALTIC FREIGHT INDEX
JOC Staff |
1511 (Jan. 3, 1996) Previous day - 1513The Baltic International Freight Futures Market in Lo
TEAMSTER BALLOT BILL IS LOWERED \ POSTAL MOVE MAY MEAN A SMALLER GAP EXISTS
Chris Isidore |
The U.S. Postal Service reduced the bill for ballots it delivered in the election for president of t
FREIGHT RATE FUTURES
JOC Staff |
Jan. 3, 1997Baltic International Freight Futures Market Prev.Close High Low
BRIEFS
From Wire Reports |
LOMAK TO PURCHASEOIL ASSETS FROM COMETRAFORT WORTH - Lomak Petroleum Inc. said last week it
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,400-$1,550 per ton lo
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Jan. 3, 1997Quotations are based on prices reported in the market or obtained from sup
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 240.56 up 0.95 w
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