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LONG BEACH TO SELL HARBOR REVENUE BONDS PROCEEDS TO FUND HANJIN TERMINAL
Bill Mongelluzzo |
Amid mixed signals in the financial markets, the Port of Long Beach today will go out for bid on $34
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
MITSUI TAKES A STAKE IN VIETNAMESE CARRIERTOKYO - Mitsui O.S.K Lines Ltd. said it ac
Maritime
REPORTEDLY UNHAPPY WITH US FLAG, OMI WILL SELL TANKERS TO HVIDE
Alan Abrams |
U.S. tanker and dry-bulk giant OMI Corp. will sell three U.S.-flag chemical tankers to Hvide Marine
Maritime
RUSSIA'S NUKE SALES DRAW FIRE FROM WEST
Michael S. Lelyveld |
Wherever Russia's Ministry of Atomic Energy finds an export opportunity, the West sees a nuclear nig
THREE JOFC STAFFERS NAMED TO NEW POSITIONS
Journal of Commerce Staff |
Aviva Freudmann, The Journal of Commerce's deputy editorial director, has been named the paper's Can
COST OF CREDIT
JOC Staff |
Wednesday, Nov. 15, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
JAPAN OFFICIAL SEES 5-YEAR LOAN CLEANUP
Knight-Ridder Financial |
Finance Minister Masayoshi Takemura said Wednesday that all bad loans at Japanese banks can be dispo
MEDICARE MAY BE KEY LINK IN EASING BUDGET IMPASSE BUT GINGRICH FIRM ON 7-YEAR LIMIT FOR BALANCING
Tom Connors |
Day Two of the partial federal government shutdown brought no clear movement toward ending the fundi
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
Journal of Commerce |
(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Nov. 21 '94 - Nov. 15, '95 (a graph) (2)
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by Reuter Money Service, are selling rates among
BRAZILIAN GOVERNMENT FORCES LINES TO DROP PORT OF SANTOS SURCHARGE
Michael Fabey |
The Brazilian government recently forced shipping lines serving the Port of Santos to drop the conge
DOLLAR DOWN IN THIN TRADING DEUTSCHE MARK SURGES BACK
Knight-Ridder Financial |
The U.S. dollar declined Wednesday, as the major focus was still on the budget impasse, leaving many
MARITRANS TO ORDER US-MADE TANKERS
Alan Abrams |
Betting on the survival of a 1920s law reserving domestic cargo for domestic ships, a Philadelphia t
Maritime
11 CHINESE TO IMMIGRATE TO TAIWAN
Reuters |
Taiwan has approved 11 immigration applications by mainland Chinese, including a Chinese court offic
DOLE BACKS DOWN ON BANANA AMENDMENT
John Maggs |
Senate Republican leader Bob Dole, in a tactical move, backed down this weekfrom his demand
Maritime
MARITIME REFORM PLAN TERMED WORTH THE RISKS FEARS OVERBLOWN, SHIPPERS TOLD AT CONFERENCE
Gregory S. Johnson |
Rejecting warnings that shipping reform will result in an industry upheaval, supporters of deregulat
Maritime
EC COMMISSION SEEKS TO HELP FILMMAKERS FIGHT HOLLYWOOD
Reuters |
The European Commission Wednesday proposed that the European Union set up a guarantee fund that coul
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
PORT OF IBERIA SUED TO HALT DREDGING PLANLAFAYETTE, La. - Environmentalists are suin
Maritime
MAINE WHARF NEEDS REDESIGN, REGULATORS SAY
Associated Press |
Plans to build the Sears Island cargo port wharf on solid fill are "simply environmentally unaccepta
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 242.02 off 0.80 w
LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Nov. 15, 1995*Brent Crude Oil - (Dollars Per Barrel)
SPOT COMMODITIES
JOC Staff |
Nov. 15, 1995 Included are list prices of suppliers. Quota tions do not necessarily represen
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - Nov. 15, 1995 Prev. Life of Contr. OpenOpen High Low
GASOLINE PRICES
JOC Staff |
Nov. 15, 1995 RESELLER RACKUnleaded Mid- Premium-Unlead Premium-Unl
NEW HAVEN RESIDUAL FUELS
JOC Staff |
Nov. 15, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
SPOT PRODUCT PRICES
JOC Staff |
Nov. 15, 1995 U.S. spot oil product price indications, sellers range, in cents per gallon, f
TRANSPORT EARNINGS EARLY RETIREMENT COSTS DRIVE DOWN UPS INCOME
Wire and Staff Reports |
United Parcel Service, hit by a onetime charge for early retirement, reported a drop in income despi
API WEEKLY REPORT CRUDE OIL INVENTORIES DECLINE
Special to The Journal of Commerce |
U.S. crude oil inventories fell by 4.8 million barrels during the week ended Nov. 10, compared with
CHINA PLANS NINE MORE PLANTS TO MEET POLYETHYLENE DEMAND
P.T. Bangsberg |
China plans nine more polyethylene plants as demand continues to outstrip supply, as it does for mos
JUDGE HOLDS ENERGY DEPARTMENT IN CONTEMPT OVER NUCLEAR RECORDS
Associated Press |
A federal judge has held the Energy Department in contempt for failing to release documents on missi
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
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