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FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
US AUTOMAKERS IN CANADA URGE END TO LOW TARIFFS ON S. KOREAN AUTOS
Leo Ryan |
The Canadian units of the U.S. Big Three auto manufacturers have urged the federal government to rap
Maritime
Maritime
VOLATILE DOLLAR UNCHANGED AFTER EARLY DROP
Knight-Ridder Financial |
The U.S. dollar was trading nearly unchanged in the late afternoon from opening levels here after sp
Maritime
Maritime
EU SETS DEADLINE TO SETTLE SINGLE CURRENCY DIFFERENCES UNION STILL PLANNED BY END OF DECADE
Bruce Barnard |
The leaders of the European Union Tuesday set themselves a year-end deadline for settling outstandin
Maritime
Maritime
AUSTRIA'S TELECOM REFORM SLOWED BY INEFFICIENCY
Milan Ruzicka |
Austria has set out to implement its ambitious plan to reform the state-run telecom monopoly, but th
Maritime
Maritime
PSYCHIATRIST SUES WISCONSIN BLUES
Associated Press |
A psychiatrist has filed a lawsuit claiming she lost custody of her children after her health insura
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
HONG KONG BULK LINE JOINS WITH THAI SHIPPING LINE
P.T. Bangsberg |
A Hong Kong bulk operator is tying up with a shipping line partly owned by the government of Thailan
Maritime
Maritime
SRI LANKA PORT DOUBLES INCOME AFTER GRAFT ATTACK
Rohan Gunasekera |
Daily earnings at the Port of Colombo doubled last week after Sri Lankan Ports and Shipping Minister
Maritime
Maritime
GROUNDED STEAMBOAT'S CAPTAIN HAD CLEAN SAFETY RECORD
Associated Press |
The captain who grounded the giant steamboat American Queen on the Ohio River for four days has a cl
Maritime
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
LABOR AGENCY AWARDS GRANT TO PHILA. YARDPHILADELPHIA - Philadelphia Naval Shipyard w
Maritime
Maritime
STUDY: CHINA'S BOX TRAFFIC COULD INCREASE BY 300 PERCENT
Janet Porter |
The volume of container traffic to and from China could quadruple over the next few years in respons
AUTO PARTS: WATERBORNE EXPORTS
Compiled by the Journal of Commerce from database of Port |
No text.
LAWMAKER BACKS OFF BID TO MAINTAIN COMPTROLLER'S POWER ON INSURANCE SALES
Margo D. Beller |
A member of the House Banking Committee agreed not to block an amendment curbing the comptroller of
CANADIAN PROPERTY/CASUALTY INSURERS PREPARE FOR SHAKEOUT TO CONTINUE
Sarah Davison |
Canadian property/casualty insurance companies are bracing for a tidal wave of consolidation that al
GOODA WALKER INVESTORS, INSURERS TURN DOWN VOLUME IN THEIR ROW
Journal of Commerce Staff |
The battle between investors who lost a fortune on Gooda Walker underwriting syndicates at Lloyd's o
CONNECTICUT WATCHES AS INSURERS GO IN FOR A SPATE OF DEAL-MAKING
Associated Press |
Some major insurance companies here are looking at deals with out-of-state corporations to merge, se
CORRECTION
JOC Staff |
A story appearing on Page 8B on Tuesday, "Senator and Shipowner to Receive AOTOS Awards," incorrectl
TEXAS REGISTRATION COSTLY FOR MEXICAN CARRIERS
Kevin G. Hall |
Mexican motor carriers looking across the Rio Grande to this U.S. frontier city are upset that Texas
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
MERCK DRUG SEEN AID IN PROSTATE PROBLEMSLONDON - A team of Scandinavian scientists s
INSURANCE BRIEFS
Wire and Staff Reports |
MOODY'S REVIEWS RATINGS OF TRAVELERS FOR UPGRADENEW YORK - Moody's Investors Service
A.M. BEST CO. AFFIRMS "A+' RATING ON ZURICH-AMERICAN INSURANCE POOL
JOC Staff |
A.M. Best Co. has affirmed its highest rating of "A+" for the Zurich- American Insurance Pool, Schau
LLOYD'S MOVE DASHES INVESTORS' HOPES OF PROFIT-TAKING
Liz Shuker |
It's been some time since the Lloyd's of London insurance market was moved to give, rather than rece
INDIAN ALUMINUM COMPANY PLANS TO BOOST OUTPUT
Hari Ramachandran |
India's state-run National Aluminum Co. plans to raise its output and focus on value-added goods to
VENEZUELA'S CONGRESS DEBATES LEGISLATION TO OPEN OIL MARKET
Knight-Ridder Financial |
Venezuela's Congress met in joint session Tuesday to begin final debate over a proposal to allow for
JAPAN'S IMPORTS OF US COTTON UP 20 PERCENT, BUT DIP SEEN COMING
Knight-Ridder Financial |
Japanese imports of raw cotton from the United States from January through May rose more than 20 per
VARIETY OF INSECT PESTS POSE THREAT TO CROPS IN SOMALIA
Reuters |
A host of pests, from locusts to army worms, threaten to ravage Somalia's crops two years after a de
JUDGE OKS $65 MILLION SETTLEMENT IN OCCIDENTAL CHEMICAL RELEASE CASE
Associated Press |
A judge has approved a $65 million settlement between Occidental Chemical Corp. and thousands of peo
COASTAL OIL, GAS DRILLING MORATORIUM WINS HOUSE APPROPRIATIONS SUPPORT
Reuters |
The U.S. House Appropriations Committee voted Tuesday to continue the moratorium on oil and gas dril
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
'95 OIL PRODUCTION ON TARGET, VIETNAM SAYSHANOI, Vietnam - Vietnam is on course to p
DAILY PETROLEUM PRICES.
JOC Staff |
Tuesday June 27, 1995 Prevailing sellers' posted prices at the close of business, representi
MAINE LEGISLATURE ENDORSES SALE OF REFORMULATED GASOLINE IN SOUTH
Glenn Adams |
The legislature handed Gov. Angus King a major victory as it endorsed the centerpiece of his clean-a
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
Maritime
POWERINE TO CLOSE CALIF. REFINERY
Knight-Ridder Financial |
Powerine Oil Co.'s 45,000-barrel-a-day refinery at Santa Fe Springs, Calif., will cease operations b
US CLOSER TO INVESTMENT IN RUSSIAN REFINERY UPGRADE
Associated Press |
The United States is likely to agree on investment in the modernization of an oil refinery in the Ru
PIER IX TERMINAL HOPES CEMENT WILL BUILD BUSINESS
Lisa Huber |
Pier IX Terminal Co. plans to build on cement. The terminal, which saw its exports fall dram
Maritime
Maritime
OOCL PLANS OFFICE IN BRISBANE, AUSTRALIA
From Wire Reports |
Orient Overseas Container Line Ltd. said it will open its own office in Brisbane, Australia, on July
Maritime
Maritime
WYOMING PREPARES TO ALLOW USERS TO CHOOSE THEIR OWN GAS SUPPLIER
Associated Press |
Wyoming consumers may soon be able to choose their own natural gas supplier in much the same way the
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 27, 1995 No. 4/ No. 6/ No. 6/1% 1% 0.5%Buckley
TENASKA WASHINGTON SUES BONNEVILLE OVER POWER PACT
WILLIAM DiBENEDETTO |
Tenaska Washington Partners II, angry at a federal power agency's decision to walk away from a 20-ye
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