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HUGOTON TO ACQUIRE GAS, OIL PROPERTIES
Reuters |
Hugoton Energy Corp. said Tuesday it will buy natural-gas and oil propertiesfrom a major oil
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 21, 1995 Prev. Life of Contr. OpenOpen High Low
EXPORTS AND GENERAL IMPORTS _ SELECTED COMMODITY GROUPINGS (CENSUS BASIS _ IN MILLIONS OF DOLLARS)
U.S. Commerce Department |
APRIL 1995 MARCH 1995 APRIL 1994 EXPORTS* IMPORTS** EXPORTS* I
PANEL REJECTS PLAN TO RETAIN BAN ON DRILLING ALONG COASTS
Knight-Ridder Financial |
A House Appropriations subcommittee has rejected an attempt to save a 14-year federal moratorium on
SEVERE DROUGHT WITHERS CHINA'S HARVEST HOPES
Reuters |
Farmers in China's northwest Gansu province have given up hope for the summer harvest as crops withe
IMPORTS PUSH US TRADE DEFICIT TO NEW HIGH FIGURE FOR YEAR LIKELY TO BE LARGEST SINCE '87
Richard Lawrence |
The U.S. international trade deficit in April rose to a new monthly high of $11.3 billion as imports
CHINA TO EASE FOREIGN-EXCHANGE RULES FOR BUSINESSES WITH OVERSEAS FUNDING
P.T. Bangsberg |
China said Wednesday that foreign-funded firms will soon be given equal status with domestic ones in
COST OF CREDIT
JOC Staff |
Wednesday, June 21, 1995 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
PROSPECTS FADE FOR STRICTER EU IMPORT QUOTAS ON TV SHOWS
JANET McEVOY |
The prospect of stricter European Union limits on the number of Hollywood productions and other impo
SWEDEN'S ATLAS COPCO PURCHASES MILWAUKEE ELECTRIC TOOL
Reuters |
Swedish power tool maker Atlas Copco said Wednesday it agreed to pay $550 million for Milwaukee Elec
FED REPORT IS MIXED DOLLAR DECLINES
Kamran Pasha |
The U.S. dollar hovered near 1.39 deutsche marks on Wednesday and slipped below that level in aftern
STEEL IMPORTS FORECAST TO FALL AS EXPORTS RISE
Paula Green |
The head of a major steel association predicted that steel imports will decline as exports increase
DUTCH INDUSTRIES SEE OUTPUT DROP
Knight-Ridder Financial |
Dutch industrial production fell 3.6 percent in April from March because to reduced natural-gas outp
INDONESIA WINS LOAN TO ASSIST TELECOM WORK
Reuters |
The World Bank has approved a $325 million loan to help Indonesia modernize its telephone system.
Maritime
Maritime
FEAR OF CRIME, RECESSION SPANS GLOBE, SURVEY FINDS
Gordon Platt |
Crime and the economy are the issues of greatest concern around the world, according to the largest
Maritime
Maritime
US, CANADA APPEAR TO HAVE COME TO TERMS OVER BROADCASTING DISPUTE
John Maggs |
A deal appeared likely Wednesday to avert U.S. trade action against Canada in a contentious dispute
Maritime
Maritime
CORRECTION
JOC Staff |
The headline on a story about Malaysia, appearing on Page 3A in Wednesday's edition, should have ref
Maritime
Maritime
QUOTE TO NOTE ON ST. LAWRENCE SEAWAY:
_ David G. Sanders |
"Without a safe and reliable system, there is no way for us to improve our competitiveness."
Maritime
Maritime
INFRASTRUCTURE CAN BE WEAK LINK IN INTERMODAL CHAIN
Rip Watson |
Intermodal transportation is designed to yield benefits for customer and carrier alike by combining
SACHS CALLS ON IMF TO CONFER WITH RUSSIA ON RUBLE'S FUTURE TIGHT-BUDGET POLICY AT ISSUE
Michael S. Lelyveld |
As Russia's ruble jumped in value again this week, a leading U.S. economist called on the Internatio
Maritime
Maritime
INSURANCE BRIEFS
Wire and Staff Reports |
RATINGS OF FRANKONA PUT UNDER REVIEWOLDWICK, N.J. - A.M. Best Corp. placed under rev
UPS ALONE ON 28-FOOT CONTAINERS
Chris Isidore |
The 28-foot container right now only fits one company, although it's a big one - shipping giant Unit
CONTAINER LEASING RATE RISES AS TRAFFIC WITH FAR EAST BOOMS
Russ Banham |
Ocean carriers are leasing more containers than they have in years, a result of increased ocean traf
EAST-WEST TRADE CARRIES MOST CONTAINER TRAFFIC
Bill Mongelluzzo |
Maritime industry analysts who are asked to define the three most important qualities necessary to b
LESSORS WANT TO SEE BOX RATES GO HIGHER
Peter M. Tirschwell |
Leasing rates on marine containers are up 3 percent to 7 percent on average since last summer and ar
INSURERS FACE PROFIT POTHOLES IN GROWING ASIA AUTO MARKET
Reuters |
Asia's US$5 billion car insurance industry will double by the year 2002, but insurers face a bumpy r
LOUISIANA TOUTS INTERMODAL PORT DEVELOPMENT PLAN
Maria Carlino |
With interstate and international trade growing, tourism in the state capital of New Orleans on the
APPEALS COURT RULES FORD CAN SUE INSURERS IN CALIF.
Margo D. Beller |
Ford Motor Co. will be allowed to continue its lawsuit against several insurance companies for envir
CARRIER EXECS WATCH BRISK TRADE GROWTH WITH CAUTION
Montieth Illingworth |
Economists believe that worldwide trade levels will grow briskly for at least the next five years an
NEW USES FOUND FOR BOXES
Gregory S. Johnson |
One thing you can say about the trusty freight container - they sure are useful. Besides car
CATASTROPHIC OPTION CALL SPREADS
Chicago Board of Trade |
For quotes on National, Midwestern or other markets, call the CBT trading floor during trading hours
WASH. INVESTIGATORS RECOVER $1.7 MILLION
JOC Staff |
Investigators for the Washington state Insurance Department have recovered more than $1.7 million fr
IOWA CORN-YIELD CONTRACT PICKING UP STEAM AT CBT NEW MARKET OFFERS FARMERS A SAVINGS
HELEN R. MacLEOD |
Three weeks into trading, the new Chicago Board of Trade's Iowa corn-yield futures contract is repor
AIR CARGO CARRIERS, ANALYSTS WARM UP TO POOLING PLAN FOR CONTAINERS, PALLETS
William Armbruster |
An effort to help airlines cut the cost of their cargo operations by pooling containers and pallets
BOXED CARGO SPURS NEW WAREHOUSING IN DEVELOPING NATIONS
Doug Harper |
Throughout much of the less-industrialized world, privatization and creeping capitalism all spurred
PEOPLE - INSURANCE
Wire and Staff Reports |
AETNA INTERNATIONAL INC. (Hartford, Conn.) - Frederick C. Copeland Jr., was named president of Aetna
TRADE DEFICIT WIDENS 11.3 PERCENT IN PHILIPPINES
Knight-Ridder Financial |
The Philippines' trade deficit widened 11.3 percent, to $2.75 billion in the first four months of 19
Maritime
Maritime
CONRAIL SETTLES FEDERAL SUIT OVER PHILADELPHIA ASBESTOS
Journal of Commerce Staff |
Conrail Inc. has paid $800,000 to settle a suit brought by the U.S. Environmental Protection Agency
MEXICO DETAILS PLAN TO DIVIDE AND SELL NATIONAL RAILROAD
Kevin G. Hall |
Transport officials in Mexico have spelled out the specifics of their plan to privatize and divide t
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