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SPOT COMMODITIES
JOC Staff |
July 3, 1996Included are list prices of suppliers. Quotations do not necessarily represent p
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 248.66 off 0.95 w
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeJuly 3, 1996 Brent Crude Oil - (Dollars Per Barrel)
BRIEFS
From Wire and Staff Reports |
ANGLO AMERICAN FIRESSTRIKING MINE WORKERSJOHANNESBURG - Anglo American Corp. said it fired 1
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - July 3, 1996Prev. Life of Contr. OpenOpen High Lo
ALASKA PUMP STATIONS CLOSE \ IT'S BEGINNING OF END FOR STATE'S OIL WEALTH
Jim Clarke |
Technicians in the control room at Pump Station 8 on the trans-Alaska pipeline pushed a half-dozen b
INDONESIAN GROUPS REJECT FREEPORT TRUST FUND PLAN
Reuters |
Two ethnic groups living near the giant mine of Freeport-McMoRan Copper & Gold Inc. in Indonesia's I
CRUDE SUPPLIES UP IN LATEST WEEK
Journal Of Commerce Staff |
U.S. crude oil inventories rose by 3.1 million barrels during the week ended June 28, compared with
A GIANT OUT WEST: RAIL MERGER OK'D \ $5.4 BILLION UP-SP DEAL APPROVED WITHOUT CONDITIONS
Rip Watson |
Union Pacific Corp. won unanimous approval to acquire Southern Pacific Rail Corp. without burdensome
JOURNAL OF COMMERCE - FAST FACTS \ PORT OF HOUSTON'S BOX CARGOES
PIERS database, New York |
No text.
US, VIETNAM READY TO SIT, TALK TRADE
Richard Lawrence |
U.S.-Vietnamese trade ties - which have evolved more slowly than U.S. business hoped after diplomati
DOLLAR SLIPS AGAINST MARK BUT BULLIES THE YEN
Knight-Ridder Financial |
The U.S. dollar declined against the Deutsche mark Wednesday as the Federal Reserve left interest ra
SLEEPY LINE HEADS SALES LIST
Kevin G. Hall |
Whoever wins the bid for the Chihuahua al Pacifico in the first segment of Mexico's pending railroad
COST OF CREDIT
JOC Staff |
Wednesday, July 3, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, July 7, '95 - July 3, '96 (a graph)* Ann
COTTON SHIPPERS SEEK TO LOCK IN RATES QUICKER \ EXPORTERS SAY PLAN WOULD BENEFIT ALL
Peter Tirschwell |
U.S. cotton exporters, saying they are dissatisfied with the way ocean carriers set freight rates, a
JOBS, WAGES EXPECTED TO CHART FED COURSE ON RATES IN AUGUST \ NO ACTION TAKEN AT JULY 3 MEETING
Tom Connors |
Labor market pressure holds the key to whether the Federal Reserve Board will boost interest rates n
HONG KONG'S NEW AIRPORT MOVES TOWARD TAKEOFF
P.T. Bangsberg |
The bridge is in place, track-laying has begun on the railroad and land reclamation is well under wa
ADMINISTRATION DENIES KNOWLEDGE OF LIST OF LIBYA SANCTIONS VIOLATORS
Michael S. Lelyveld |
The Clinton administration this week denied knowledge of a reported intelligence list of 40 foreign
BRIEFS
From Wire and Staff Reports |
JAPANESE ECONOMYCONTINUES RECOVERYTOKYO - The Japanese economy continues to recover moderate
Maritime
QUOTE TO NOTE
Donna Lee McGee |
''We want our government to force the Canadians to come to the negotiating table, fess up to their e
Maritime
BRIEFS
From Wire and Staff Reports |
LUFTHANSA POSTS DROPIN PRETAX PROFITFRANKFURT - Lufthansa German Airlines said Wednesday its
OFFICIALS: NEW BILL MAY CLEAR WAY FOR ROUND OF PORT AND RIVER PROJECTS
Tim Sansbury |
Prospects for a new round of port-deepening and inland river projects, the first authorized since 19
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARYAR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
RESIDENTS SHRUG OFF SOVEREIGNTY CHANGE \ HONG KONG FATE TIED TO FINANCES
P.T. Bangsberg |
More even than the change in sovereignty, it is the state of the economy that will determine Hong Ko
Maritime
CHINA PUMP-PRIMING PLAN MAY SIGNAL EASIER CREDIT
Gene Linn |
An influential Chinese think tank is urging the government to release 400 billion yuan ($48 billion)
Maritime
OUTSOURCING CATALYSTS DETAILED
Gregory S. Johnson |
A blurring of traditional transportation boundaries and increased demand for time-definite service w
BRIEFS
From Wire and Staff Reports |
COWS BARGE CANALIN VENICE PROTESTVENICE, Italy - Livestock breeders herded cows onto barges
Maritime
FREIGHT RATE FUTURES
JOC Staff |
July 3, 1996Baltic International Freight Futures Market Prev.Close High Low
BALTIC FREIGHT INDEX
JOC Staff |
1173 (July 3, 1996) Previous day - 1178The Baltic International Freight Futures Market in Lo
VIRTUAL OFFICE A SHIPPING INDUSTRY REALITY \ LINES SEE IMPROVED SALES STAFF PRODUCTIVITY
Bill Mongelluzzo |
Some see it as a way to improve the productivity of the sales staff. Others say it is simply an excu
BRIEFS
From Wire and Staff Reports |
JAPAN TO BOOST SPENDINGON SCIENCE, TECHNOLOGYTOKYO - Japan's Cabinet approved an ambitious p
Maritime
BRIEFS
From Wire and Staff Reports |
MOBIL ORDERS 2 TANKERSFROM SUMITOMOFAIRFAX, Va. - Mobil Shipping and Transportation Co. has
FOREIGN HOLDINGS IN US REACHED NEW HIGH IN 1995, COMMERCE SAYS
Journal Of Commerce Staff |
Foreign holdings of U.S. assets hit a new high last year, as foreign investors poured record sums of
Maritime
JAPAN CONTINUES HARD LINE ON MICROCHIPS AND AVIATION
Tim Shorrock |
Japanese trade officials this week continued to take a hard line on semiconductors and civil aviatio
Maritime
WHEN ONLY HIRED GUNS WILL DO \ SURVEY: MORE FORTUNE 100 FIRMS OUTSOURCING COMPANY ACTIVITIES
Gregory S. Johnson |
When Disney World's Minnie Mouse gets ready for lunch, Jack Donovan is the one who feeds her.
BORDER GROUP PROPOSES US AID FOR FIRMS THAT PLEDGE WARTIME USE OF FACILITIES
Kevin G. Hall |
The Border Trade Alliance wants to extend to manufacturers on the U.S.-Mexico frontier a federal pro
Maritime
ITALY, FINLAND WILL JOIN EU'S EXCHANGE-RATE GRID
Bruce Barnard |
Italy, Finland and possibly Sweden, will enter the European Union's exchange-rate system in the fall
Maritime
MEXICO UNVEILS A TAX RELIEF PLAN TO HELP ITS STRUGGLING BUSINESSES
Kevin G. Hall |
Mexico will continue to maintain a fiscal surplus despite a new tax relief plan unveiled this week t
Maritime
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