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SPOT METALS PRICES
JOC Staff |
Commercial QuantityAluminum ingots_ $1,300-$1,500 per ton lots
LOS ANGELES THREATENS SUIT OVER PIPELINE
Associated Press |
A California state agency gave preliminary approval to a 132-mile pipeline that would carry crude oi
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Apr. 12, 1996Quotations are based on prices reported in the market or obtained from su
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Thursday at 260.66 up 1.75 w
ENRON OIL & GAS EARNINGS SLIPPED IN FIRST QUARTER
JOC Staff |
Enron Oil & Gas Co. posted first-quarter net income of $25.9 million, down from $29.6 million for th
SPOT COMMODITIES
JOC Staff |
Apr. 12, 1996Included are list prices of suppliers. Quotations do not necessarily represent
LONDON OIL FUTURES
JOC Staff |
International Petroleum ExchangeApr. 12, 1996 Brent Crude Oil - (Dollars Per Barrel)
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Apr. 12, 1996Prev. Life of Contr. Open Open High Low
SHELL OIL TO POSITION HUGE PLATFORM TO DEVELOP DEEPEST WELL IN GULF
Alan Gersten |
Shell Oil Co. this week will move a colossal platform offshore to develop the deepest well in the Gu
STATE LAW THREATENS GROUP DISCOUNTS
Associated Press |
The largest auto insurer in Massachusetts says that unless a state law is changed, as many as 90 per
FARMERS GET EXTENSION ON SPRING CROP COVER
Associated Press |
Farmers have been given until May 2 to obtain catastrophic-risk protection coverage for their spring
DAILY PETROLEUM PRICES
JOC Staff |
Friday Apr. 12, 1996Prevailing sellers' posted prices at the close of business, representing
CHINA CUTS COAL EXPORT TARGETS
P.T. Bangsberg |
China is cutting its target for coal exports this year by 10 million metric tons, or 25 percent, say
COST OF AUTO INSURANCE STILL RISING IN NEW JERSEY
Thomas Martello |
A new report distributed by New Jersey's Insurance Department shows auto insurance costs continue to
LOUISIANA LEGISLATORS CLOSE TO BAN ON SOME PUNITIVE DAMAGE AWARDS
Wire And Staff Reports |
A final vote in the state Legislature is expected to reinforce state Senate approval of a revived bi
BRIEFS
From Wire and Staff Reports |
PHELPS DODGE POSTSLOWER QUARTERLY PROFITPHOENIX - Phelps Dodge Corp., the nation's largest c
SOUTH CHINA SEA OIL CLAIMED BY MANY NATIONS
P.T. Bangsberg |
Vietnam is accelerating a smoldering territorial dispute with China, embroiling two U.S. oil compani
BRIEFS
From Wire and Staff Reports |
TANKER LAWSUIT BEGINSIN ENGLISH HIGH COURTLONDON - Investors in a failed tanker fund seek $7
HEARINGS SET FOR SUPERFUND \ BOTH CHAMBERS PUSH FOR FLOOR VOTES BY MEMORIAL DAY
Margo D. Beller |
The Senate has leapfrogged over the House in scheduling hearings on a bill reforming the 15-year-old
FORMER UK AGENT FOR ABC PLANS TO LAUNCH SERVICE
Janet Porter |
The former U.K. agent of bankrupt ABC Containerline is planning to start a liner shipping service be
REGIONAL LTL CARRIERS FORM PARTNERSHIPS
Chris Isidore |
Partnerships between regional less-than-truckload carriers are allowing them to reach beyond their g
TCU SETS STRIKE DEADLINE AFTER MEDIATION DROPPED
Journal Of Commerce Staff |
The Transportation Communications Union, representing 43,000 clerical workers and freight car mainte
COPYRIGHT TALKS COME TO A HALT IN CHINA \ US OFFICIAL EXITS WITHOUT COMMENT
Joe Studwell |
The fragile Sino-American relationship stands at a crossroads - again.Along one fork lies a
TEXAS PANEL REVIVES TOLL ROAD PROJECT AT MEXICAN BORDER
Kevin G. Hall |
Making a Lazarus-like comeback, a controversial private toll highway proposed at the border with Mex
SATELLITE MAKERS WARY OF CLINTON EXPORT MOVE
Michael S. Lelyveld |
The Clinton administration has called a well-timed truce in an interagency turf war over exports of
SHIP LINES URGE CENTRAL DISPATCHING FOR TRUCKS
Bill Mongelluzzo |
Hoping to head off a politically imposed solution to the congestion problem at the ports of Los Ange
BRIEFS
From Wire and Staff Reports |
135-MILE LINE ADDEDTO BNSF SALES LISTOROVILLE, Wash. - Burlington Northern Santa Fe Corp. ha
DOCUMENTATION PROBLEMS ABOUND
Bill Mongelluzzo |
Cotton shippers and freight forwarders who book cotton for export are making an urgent plea to the s
SEATTLE PORT MAKES ROOM FOR EXPANSION
WILLIAM DiBENEDETTO |
The Port of Seattle is starting the long and expensive process of acquiring properties and relocatin
COST OF CREDIT
JOC Staff |
Thursday, April 11, 1996(Percentages Per Year) INTERNATIONAL INTEREST RATESCanada
BRIEFS
From Wire and Staff Reports |
FELIXSTOWE OPENSNEW CONTAINER TERMINALLONDON - Britain's Port of Felixstowe expects containe
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRIEFS
From Wire and Staff Reports |
WESTERN PACIFIC PLANSTO BUY BOEING 737SSEATTLE - Western Pacific Airlines, a new-start disco
DOLLAR RISES ON MARK, HOLDS STEADY AGAINST YEN
Knight-Ridder Financial |
The U.S. dollar rose against the Deutsche mark Thursday and was unchanged against the Japanese yen.<
APL SEEN AS MAJOR LTC RIVAL IN BIG PORTS
Peter M. Tirschwell |
American President Lines will be a viable competitor for less-than-containerload business between ma
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
The Center for International Business Cycle Research at |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, April 14, '95, - April 11, '96 (a graph)
PACIFIC RATE-MAKING GROUP MOVES TO CORRECT FREIGHT-CHARGE BONERS
WILLIAM DiBENEDETTO |
It's usually best to acknowledge a mistake and move on, and that's what a rate-making group of outbo
SPAIN JOBLESS RATE DECREASES
Knight-Ridder Financial |
Spain's unemployment rate in March was 15.30 percent, down from 15.44 percent in February and 16.47
FLEXIBLE DISTRIBUTION SYSTEMS ESSENTIAL
Gregory S. Johnson |
Supply chain managers better get used to the idea of continually revamping their distribution system
WASHINGTON STATE EASES SMALL TANK BARGE RULES
Journal Of Commerce Staff |
Washington state's marine safety office has given small tank barge operators a big break by lowering
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