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ALUMINUM PRICES ON THE WANE WITH COPPER \ ANALYSTS PLACE BLAME ON SUMITOMO AFFAIR
Howard Simon |
Aluminum prices are sinking along with copper as traders scramble to make margin calls and other fin
LLOYD'S ACCORD LEAVES US NAMES ON THEIR OWN \ AGREEMENT SPARKS HEAVY CRITICISM
Helen R. Macleod |
California has signed.So have Louisiana, New York, Colorado and Rhode Island, states represe
BERTHA'S DAMAGES CARRY HEFTY PRICE TAG
Ronald Gift Mullins |
After Hurricane Bertha blew onto the North Carolina coast on Friday, the storm swept up the eastern
PEOPLE ON THE MOVE
From Wire and Staff Reports |
AMERICAN INTERNATIONALGROUPMartin J. Sullivan, senior vice president and regional president
PROGRESS REPORTED IN DOCK TALKS
Journal Of Commerce Staff |
Slight progress was reported in talks over the weekend for a West Coast waterfront contract.
NEW YORK INSURERS FACE $98 MILLION COMP TAX
Margo D. Beller |
Insurance companies, including the State Insurance Fund, will be hit with a $98 million tax under th
SENATE HEARING EXPECTED ON NATURAL DISASTER PLAN
Ron Lent |
Sen. Ted Stevens, R-Alaska, is finalizing language on a legislative plan to establish a national nat
AUTO DISCOUNTS CAUSE SHIFTS IN MASSACHUSETTS MARKET
TOM MCNIFF Jr. |
Membership group discounts on automobile insurance rates are leading to shifts in the Massachusetts
PEOPLE ON THE MOVE
From Wire and Staff Reports |
ST. PAUL REG. William Davis was named to the new position of senior vice president-worldwide
GORE, INSURERS DISCUSS ARSONS IN CHURCHES, COVERAGE HELP PLEDGED
Margo D. Beller |
Insurance industry officials met with Vice President Al Gore and other Clinton administration offici
CULTIVATING NEW MARKETS
Russ Banham |
The three largest U.S. manufacturers of heavy construction and farm equipment predict bullish export
LLOYD'S POSTS PROFIT, ITS FIRST IN FIVE YEARS
Helen Macleod |
Lloyd's of London Friday reported its first profit in five years. For the underwriting year 1993, th
STABLE RATES SEEN FOR ROLL-ON MARKET
Erich E. Toll |
All is calm on the high seas.Exporters and importers should enjoy stable rates for shipping
JAPANESE CAR CARRIERS EYE NEW ROUTES \ AUTOMAKERS RESPOND TO DROP IN EXPORTS
Sheri Horn Hasan |
With Japanese automakers exporting fewer vehicles from Japan, Japanese car carriers have been forced
FAST FERRIES POSE SAFETY CONCERNS \ INSURERS WORRY ABOUT THE DANGERS IN CONGESTED SHIPPING LANES
Janet Porter |
Fast ferries slicing through the water at speeds of up to 40 knots are set to revolutionize sea tran
WHEN IT COMES TO LOADING, VEHICLE SHIPPERS PREFER ROLL MODEL
Tim Sansbury |
Let my cargo roll.That is the prevailing sentiment among shippers of automobiles, tractors a
LATIN AMERICAN ROLL-ON CARRIERS RISE ABOVE OFTEN TRICKY TRADE
Michael Fabey |
Like other shipping companies in the Latin American trade, carriers of roll-on, roll-off cargo are r
2ND VOTE SCHEDULED FOR PLAN TO LEVY WOOL IMPORT FEES
Paula L. Green |
Importers of wool products are getting a reprieve as the U.S. government heads back to the voting bo
Maritime
SPOT PRODUCT PRICES
JOC Staff |
July 12, 1996U.S. spot oil product price indications, sellers range, in cents per gallon, f.
BERTHA NO MATCH FOR CAT TEAMS \ ADJUSTERS AT READY FOR HURRICANE CLAIMS
Ronald Gift Mullins |
Like generals marshaling their forces, insurers amassed their catastrophe teams along the southeaste
BRIEFS
From Wire and Staff Reports |
GUARDIAN BUYS UNITOF LEGAL & GENERALLONDON - Guardian Insurance, the general insurance subsi
BRIEFS
From Wire and Staff Reports |
BEIJING BANS BURIALSON AGRICULTURAL LANDBEIJING - The Beijing city government has banned bur
CALIFORNIA EARTHQUAKE BILL STALLS IN SENATE
Ron Lent |
The insurance industry sustained a setback Thursday when legislation that would start up a $10.5 bil
EAST GERMANY SEEKS CHEMICAL INVESTMENT
Knight-Ridder Financial |
The eastern German chemical industry urgently needs further investment for a permanent recovery, the
CHINA EXPANDING EXPORT CREDIT INSURANCE \ 2 STATE COMPANIES 1ST TO BENEFIT FROM COVER
P.T. Bangsberg |
Export credit insurance, long a staple of Western and many Asian companies, is a new idea in China.
BRIEFS
From Wire and Staff Reports |
COURT REJECTS UK BIDTO SUSPEND EU BEEF BANBRUSSELS - The European Court of Justice on Friday
NEW DELHI INDUSTRIES ORDERED TO SAVE ELECTRICITY
Associated Press |
With lights flickering on and off around India's capital, industries have been ordered to close for
BRIEFS
From Wire and Staff Reports |
SFS OPENS DISTRIBUTIONFACILITY AT PARIS AIRPORTPARIS - Leading independent French cargo hand
BARWIL APPOINTS NEW SUBAGENTS
Journal Of Commerce Staff |
Barwil Oceanic Agencies, serving as agents on the U.S. West Coast for BHP International Marine Trans
DAILY PETROLEUM PRICES.
JOC Staff |
Friday July 12, 1996Prevailing sellers' posted prices at the close of business, representing
CUBA A CLINTON DILEMMA: ANGER FLORIDA OR US ALLIES
Journal Of Commerce Staff |
President Clinton faces a dilemma over Cuba. He can risk the wrath of key U.S. allies and major busi
WASHINGTON PORT HOPES RAIL LINK PLAN WILL ATTRACT ADM
WILLIAM DiBENEDETTO |
Large port or small, it seems everyone is thinking about rail corridors these days. Officials at a s
AUTO PARTS: US WATERBORNE IMPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 12, 1996Quotations are based on prices reported in the market or obtained from su
TRADERS SEE HOPEFUL SIGNALS IN TALKS WITH MEXICAN TRUCKERS
Kevin G. Hall |
Trade and transport interests along the southeast Texas border with Mexico are hoping it'll be busin
BRIEFS
From Wire and Staff Reports |
US, BOSNIA SIGNINVESTMENT AGREEMENTSARAJEVO, Bosnia-Herzegovina - The United States and Bosn
Maritime
US FASTENS IMPORT QUOTAS ONTO SALVADORAN SKIRTS
Paula L. Green |
The global Textile Monitoring Body - an arm of the World Trade Organization - has until the end of t
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
TENSIONS MAY RUN HIGH IN US-COLOMBIA AIR TALKS
Michele Kayal |
With economic sanctions looming and Colombian President Ernesto Samper's U.S. visa revoked, U.S. and
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 250.73 up 0.70 w
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