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CLARIFICATION
JOC Staff |
The story headlined "Johnson & Higgins Set To Expand In Brazil," which appeared on Page 13A on Tuesd
FREIGHT RATE FUTURES
JOC Staff |
Mar. 15, 1995 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
Maritime
NATURAL DISASTERS COST INSURERS $15 BILLION IN '94
Liz Shuker |
The value of insurance claims resulting from natural catastrophes worldwide jumped to $15 billion in
ILLINOIS INSURER BUYS OKLAHOMA AGENCY
Journal of Commerce Staff |
Arthur J. Gallagher & Co. has bought the Walter Bryce Insurance Agency Inc. of Tulsa, Okla. Terms of
PEOPLE - INSURANCE
Wire and Staff Reports |
LLOYD'S OF LONDON (London) - Ron Sandler has been named director of special projects. He will report
INSURANCE BRIEFS
Wire and Staff Reports |
CALIF. QUAKE CLAIMS REACH $11.2 BILLIONRAHWAY, N.J. - As California tries to recover from th
REGULATORS OK $1.75 MILLION TO FUND ELECTRONIC RATE, FORM FILING SYSTEM
Margo D. Beller |
An electronic rate and form filing system that would streamline an insurance company's ability to do
FOREIGN COMPANIES POUNCE AS FIJI TO SELL A SHIPYARD
Reuters |
The South Pacific nation of Fiji has decided to sell its financially troubled shipyard, which alread
Maritime
Maritime
REVAMPED AND FREE OF TROOPS, SUBIC BAY BUILDS A TRAFFIC BASE
Cecilia Quiambao |
Nearly three years after the last U.S. warship weighed anchor from the naval base, Subic Bay is begi
Maritime
Maritime
PEOPLE - MARITIME
Wire and Staff Reports |
MITSUI O.S.K. LINES (AMERICA) INC. (Concord, Calif.) - Karl Wozniak was named marketing manager for
Maritime
Maritime
US DOLLAR AGAIN MOVES DOWNWARD AS MARK DISPLAYS BROAD STRENGTH CONFIDENCE VOTE CALLED IN ITALY
Jon E. Hilsenrath |
The U.S. dollar declined Wednesday as the deutsche mark gained broad strength and the U.S. bond mark
NAVY GETS TOUGH LESSON IN CHARLESTON SHUTDOWN
Associated Press |
Some officials involved with the closing of the Charleston Naval Base and Shipyard say shutting down
Maritime
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
LEVAN TAKES OVER FROM HAGEN AS CHIEF EXECUTIVE OF CONRAIL
Journal of Commerce Staff |
A top management transition at Conrail Inc. continued late Wednesday when David M. LeVan was appoint
UK'S UNEMPLOYMENT RATE DECLINED TO 8.4 PERCENT IN FEBRUARY
Knight-Ridder Financial |
U.K. seasonally adjusted unemployment fell 27,400 in February from January to 2,364,700, the Departm
TRANSPORT BRIEFS
Wire and Staff Reports |
JAPAN RAISES SPENDING ON TRANSPORT BY 1.2 PERCENTTOKYO - Japan's transport budget fo
CANADA RELEASES TRAWLER TALKS WITH EU SLATED
Bruce Barnard |
Canada released the Spanish trawler Estai which it had been holding since last Thursday in a dispute
Maritime
Maritime
HOUSE BILL WOULD SLASH SEVERANCE PAY AT AMTRAK
William L. Roberts |
Legislation being drafted by House Republicans to restructure troubled Amtrak would sharply curtail
CHILE, ANXIOUS TO JOIN NAFTA, FEARS IMPACT OF MEXICO WOES
Kevin G. Hall |
Chile expects to have the first technical meeting on accession to the North American Free Trade Agre
Maritime
Maritime
HELMS SEEKS TO PUT TRADE AGENCIES UNDER STATE DEPARTMENT'S WING
Journal of Commerce Staff |
Senate Foreign Relations Committee Chairman Jesse Helms proposed a broad reorganization of the State
Maritime
Maritime
FAA ORDERS INSPECTION OF BOEING 737 RUDDER CONTROLS
Associated Press |
The Federal Aviation Administration ordered the immediate inspection of rudder control units on Boei
ZEDILLO VOWS TO PROTECT MEXICO'S MANUFACTURERS
John M. Nagel |
In what could signal another step toward protectionist trade practices, Mexican President Ernesto Ze
Maritime
Maritime
HONG KONG RATCHETS UP COUNTERFEITING PENALTIES
P.T. Bangsberg |
Stiffer penalties are on the way for violators of intellectual property rights "to protect Hong Kong
Maritime
Maritime
AIR TRAFFIC CONTROL PLAN BUFFETED BY CRITICISM
William L. Roberts |
Secretary of Transportation Federico Pena and Federal Aviation Administrator David Hinson ran into a
CUSTOMS ACT SHIFTS LIABILITY OF CITING VALUE TO IMPORTER
Bill Mongelluzzo |
Customs brokers who fail to demand the truth from their clients about the contents of a shipment wil
Maritime
Maritime
$14 BILLION NATURAL-GAS PROJECT DRAWS A STEP CLOSER IN ALASKA
WILLIAM DiBENEDETTO |
A plan to produce, transport and export Alaskan natural gas has cleared a crucial hurdle with the au
QUOTE TO NOTE ON U.S. ECONOMY:
Henry Kaufman |
"I believe that meaningful reductions in the budget deficit now are far more important than the bala
Maritime
Maritime
CANADIAN RAILS, UNIONS GET DOWN TO BUSINESS
Leo Ryan |
CP Rail System, bidding to end a weeklong walkout by employees, and Canadian National Railways, hopi
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
BAYER TO PRODUCE DYES IN CHINESE VENTUREBEIJING - Wuxi dyestuff plant in eastern Jia
TRADING WITH KENYA KENYA OFFERS AID AGENCIES AFRICAN PORT IN STORM
Maria Carlino |
With famine widespread nearby and civil war often raging north and east of its borders,Kenya has bec
Maritime
Maritime
MOTHBALLED NICKEL PLANT ATTRACTS INVESTORS IN ASIA
Cecilia Quiambao |
The government is looking for investors interested in rehabilitating a mothballed nickel refinery, r
FOREIGN FIRMS FIND OBSTACLE COURSE IN THAI BID TO OPEN ENERGY SECTOR
Ron Corben |
Foreign firms eager to capitalize on Thailand's move to privatize the energy sector say the governme
API WEEKLY REPORT GASOLINE INVENTORIES RISE IN US
Journal of Commerce Staff |
U.S. inventories of gasoline rose by 200,000 barrels during the week ended March 10, compared with t
CALIF. CROP LOSSES PUT AT $303 MILLION AND STILL GROWING OTHER INDUSTRIES FEEL RIPPLE EFFECTS
Peter M. Tirschwell |
More than confirming initial estimates of crop losses from wind, rain and flooding over the past wee
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday Mar. 15, 1995 Prevailing sellers' posted prices at the close of business, represen
MAY UNLEADED GASOLINE CONTRACT SLIPS FUTURES TRADERS SAY IT'S TIME TO BUY
Arthur Gottschalk |
With wholesale gasoline prices at close to seasonal lows, now may be the time to buy, energy futures
COMMODITY / ENERGY BRIEFS
Wire and Staff Reports |
GOLD STOCKPILES GREW IN FAR EAST IN 1994KALGOORLIE, Australia - Investors in the Far
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
USDA OFFICIAL SURE THAT CHINA WILL BUY WHEAT
Knight-Ridder Financial |
It could still be a "couple of years" before China imports U.S. wheat containing a fungus known as T
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of Mar. 15, 1995 Quotations are based on prices reported in the market or obtained from s
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