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Commentary
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COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
LEFTOVER OIL, GAS LEASES SOLD IN COOK INLET AREAANCHORAGE - Four oil- and gas-lease
DAILY PETROLEUM PRICES.
JOC Staff |
Wednesday Nov. 15, 1995 Prevailing sellers' posted prices at the close of business, represen
LAUNCH OF A MUTUAL FUND BREAKS GROUND FOR AIG
Margo D. Beller |
The American International Group has entered the mutual-fund business with a product aimed at parent
AUSTRALIA'S FAI, EXPECTING TO TURN AROUND THIS YEAR, PLOTS ASIAN BUY
Jason Szep |
Australian insurer FAI Insurances Ltd. is seeking a broader Asian expansion, with plans for a region
INSURANCE BRIEFS
Wire and Staff Reports |
STATE FARM ADDS JOBS IN NEW YORK STATEALBANY, N.Y. - State Senator Joseph L. Bruno p
EARNINGS
Wire and Staff Reports |
HCC POSTS SIZABLE JUMP IN PROFIT FOR THIRD QUARTER, NINE MONTHSHOUSTON - HCC Insuran
PEOPLE - INSURANCE
Wire and Staff Reports |
NEW YORK LIFE INSURANCE CO. (New York) - Seymour Sternberg was named president and chief operating o
CEOS' AVERAGE COMPENSATION DECLINED BY 23.2 PERCENT IN 1994 STUDY: $1.14 MILLION WAS INDUSTRY NORM
Margo D. Beller |
Overall compensation for insurance industry chief executives, including salaries, bonuses and incent
LLOYD'S CHIEF EXECUTIVE MIDDLETON RESIGNS POST
HELEN MacLEOD |
Peter Middleton, chief executive of Lloyd's of London, has resigned, it was announced Wednesday.
PRUDENTIAL TO REORGANIZE, CUT STAFF TO PARE $800 MILLION IN EXPENSES
Journal of Commerce Staff |
The Prudential Insurance Co. said Wednesday it was reorganizing its businesses and cutting staff to
BILL TO LIFT BAN ON EXPORTS OF ALASKA OIL GOES TO CLINTON
Stephanie Nall |
Only President Clinton's signature stands between Alaskans and the legal right to export oil from th
JAPANESE PRINTERS POST HIGHER 1ST-HALF PROFITS
Reuters |
Major Japanese printing firms Dai Nippon Printing and Kyodo Printing posted higher profits for the f
SINGAPORE JUSTICE IN BARINGS CASE WILL MOVE QUICKLY, LAWYERS SAY
Reuters |
The trial of former Barings futures trader Nick Leeson could be over very quickly, possibly even by
CHINA TO LAUNCH MONEY MARKET,
Associated Press |
China is planning to set up a national interbank money market by Jan. 1, which will help the central
COFFEE CROP, UNDAMAGED BY STORMS, SHOULD EXCEED FORECAST IN MEXICO
Knight-Ridder Newspapers |
Mexico's 1995-96 coffee crop is likely to reach 4.6 million 60-kilogram bags, up from a previous est
FIRM HOPES CARS TANK UP ON NATURAL GAS
Journal of Commerce Staff |
While last week's new rules opening natural-gas transmission, storage and distribution to private-se
PEMEX CHIEF SEES NATURAL-GAS TRADE EQUILIBRIUM IN MEXICO
Kevin G. Hall |
Mexico enjoys a trade surplus in natural gas, but the opening of the sector to private and foreign i
BALTIC FREIGHT INDEX
JOC Staff |
1709 (Nov. 15, 1995) Previous day - 1691 The Baltic International Freight Futures Market in
Maritime
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Nov. 15, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
Maritime
MARITIME CALENDAR
JOC Staff |
SOUTH STREET SEAPORT MUSEUM. Ongoing. New York. Exhibits and programs. Contact: (212) 748-8600.<
Maritime
Maritime
RICHMOND TO DEDICATE WHARF RENOVATION
JOC Staff |
The Port of Richmond today will dedicate a wharf extension in ceremonies marking the completion of t
Maritime
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
MEXICAN OFFICIALS STUDY SALE OF INSURANCE FIRMThe Finance Secretariat said it is preparing t
SOFT INTERMODAL DRIVES TTX TO CUT BUDGET
Rip Watson |
TTX Co., one of the nation's largest buyers of rail freight cars, is slashing its 1996 capital budge
JOURNAL OF COMMERCE - FAST FACTS LEADING MARKETS IN 1994 FOR US RED MEAT EXPORTS
U.S. Meat Export Federation |
No text.
ADMINISTRATION THREATENS VETO OF TRANSPORT BILL
Stephanie Nall |
The Clinton administration, after standing quietly on the sidelines most of the year while Congress
SUPERGROUP CALLED KEY TO SHIP LINES' SURVIVAL
Mark Magnier |
Imagine a supergroup to which all shipping lines belong - one that allows unfettered discourse on ra
DEVELOPERS OF GIANT SHIP PRESS WASHINGTON FOR FUNDS
Tim Sansbury |
Developers of the world's largest cruise ship are optimistic the Maritime Administration will soon g
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 21 '94 - Nov. 14, '95 (a graph) (2)
INVESTORS, FEARING NEW TAX RULES IN CHINA, RACE TO CONCLUDE DEALS
Knight-Ridder Financial |
Foreign investors are hurrying to get contracts signed before a rumored Jan. 1 cancellation of the t
COST OF CREDIT
JOC Staff |
Tuesday, Nov. 14, 1995 (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
DOLLAR DIPS AS TRADERS SEE WASHINGTON GRIND TO A HALT
Knight-Ridder Financial |
The U.S. dollar declined slightly Tuesday as traders waited for news on the budget talks in Washingt
SERVICE CUTS WON'T AFFECT MOST US WATERWAYS
Paul F. Conley |
Maritime commerce in the U.S. heartland will be largely unaffected by the reduction in federal servi
MARITIME BRIEFS
Wire and Staff Reports |
SANTOS WORKERS DELAY STRIKE, AGREE TO TALKSAO PAULO - Dockworkers' unions at Brazil'
Maritime
Maritime
CLINTON-CONGRESSIONAL STRUGGLE OVER BUDGET IS STILL AT IMPASSE
Tom Connors |
The budget battle between President Clinton and Congress that sent about 40 percent of the federal w
SUEZ CANAL TRAFFIC FELL IN SEPTEMBER
Knight-Ridder Financial |
Egypt earned less from Suez Canal tolls in September as canal traffic fell compared with August.
Maritime
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: U.S. Department of CommerceU.S. and Foreign Commercial Service<
Maritime
Maritime
ACCORD BETWEEN ILLINOIS CENTRAL, UTU WOULD SET PRECEDENTS DEAL TARGETS RULES ON PAY AND ASSIGNMENTS
Rip Watson |
The United Transportation Union and Illinois Central Railroad have announced a precedent-setting agr
GREENBRIER, CONRAIL DISCUSS PLAN TO BOOST WORK LEVELS
Rip Watson |
Conrail Inc. and Greenbrier Cos. are discussing a move that would boost work levels at a Pennsylvani
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