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DAILY PETROLEUM PRICES.
JOC Staff |
Thursday July 28, 1994 Prevailing sellers' posted prices at the close of business, represent
FOREIGN FIRMS EXPECTED TO REPORT UP TO 5 OIL, GAS FINDS OFF VIETNAM
Associated Press |
Foreign companies exploring for oil and gas in Vietnamese waters willannounce as many as fiv
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +16.417/22 105.27/25 104.97/26
COST OF CREDIT
JOC Staff |
Thursday, July 28, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
WHITE HOUSE SEEKS EXPANSION OF EXPORT ASSISTANCE NETWORK
Richard Lawrence |
The federal government will expand by nearly 50 percent the number of its export assistance offices
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
EX-IM BANK TO FINANCE RUSSIA OIL DEALS
Journal of Commerce Staff |
The Export-Import Bank approved its first financing of U.S. exports to Russian oil producers under a
TREASURY BONDS PUSH DOLLAR PAST 100 YEN ON JOB NEWS
Regina Schleiger |
The U.S. dollar was mostly higher Thursday, helped by a rebound in U.S. bond prices. The dollar rose
WEEKLY COAL EXPORTS WEEK OF JULY 18-22, 1994
PIERS, New York |
Only table.
NORWAY'S JOBLESS RATE ROSE TO 5.8 PERCENT IN JULY
Knight-Ridder Financial |
The number of unemployed people in Norway rose by 5,743 in July to 124,347, or to 5.8 percent of the
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
INDUSTRIAL OUTPUT UP 4.6 PERCENT IN SPAIN
Knight-Ridder Financial |
Spain's industrial production rose 4.6 percent in May from April and rose 5.9 percent compared with
CHEMICAL PRICES
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of July 28, 1994 Quotations are based on prices reported in the market or obtained from s
SPOT COMMODITIES
JOC Staff |
July 28, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
USDA ACCEPTS BIDS FOR CHINA WHEAT SALESWASHINGTON - The U.S. Department of Agricultu
DOW CHEMICAL'S PROFIT UP 69 PERCENT ON PLASTICS, HYDROCARBONS SALES
Associated Press |
Dow Chemical Co. said improved plastics, hydrocarbons and energy sales helped contribute to a 69 per
ANALYSTS: DU PONT'S RESULTS EXCEEDED EXPECTATIONS
Associated Press |
Du Pont's record second-quarter earnings of $792 million exceeded expectations, analysts said.
SHANGHAI STOCK MARKET PLUNGES TO RECORD LOW
Andrew Browne |
Shanghai's A share market crashed to a record low close Thursday, and brokers said the meltdown woul
Maritime
GOLD RUSH IS POSSIBLE AS INFLATION DRIVES METAL PRICE, TRADERS SAY
Howard Simon |
Gold prices have been stuck in a range of $385 an ounce for most of this year, but inflationary pres
DESPITE PROTESTS AT US PRESSURE, CHINA SHUTS 4 PIRATE CD PLANTS
P.T. Bangsberg |
After much bombast and many sharp words, China quietly disclosed Thursday that it has closed four fa
Maritime
CHINA GOES TOE-TO-TOE WITH US IN TALKS ON GATT MEMBERSHIP
John Zarocostas |
In a show of brinkmanship diplomacy, China's Assistant Minister of Trade Long Yongtu warned other tr
Maritime
FDA PANEL REJECTS OVER-THE-COUNTER SALES OF ROGAINE
Reuters |
A Food and Drug Administration advisory panel recommended against FDA approval of over-the-counter s
CALIFORNIA MULTIMEDIA DISTRIBUTOR HOOKS UP WITH JAPAN COUNTERPART
Brian Johns |
A Southern California distributor of multimedia products has used a tried- and-true method to slip i
Maritime
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Wednesday at 232.58 up 0.06
YEN'S RISE HITS JAPAN'S SMALLER EXPORTERS HARD
Mark Magnier |
Sansei Electric Co., a small Tokyo-based manufacturer of antennas, display devices and specialty ele
Maritime
CANADIAN INACTION COULD COST CHURCHILL PORT MILLIONS
Associated Press |
Churchill stands to lose an estimated $750 million in shipping business unless Ottawa backs the nort
Maritime
QUOTE TO NOTE ON TRADE IN THE MIDDLE EAST:
_ House Majority Leader Richard Gephardt Proposing in a letter |
"By expanding economic opportunity to the nations that will determine the future of the Middle East,
Maritime
JACKSONVILLE PORT REVISES BREAKBULK CARGO RATES CUTS EXPECTED TO INCREASE COMPETITIVENESS
Craig Dunlap |
The Jacksonville Port Authority board recently approved a new rate schedule for the handling and sto
Maritime
LABOR VS. LABOR: OFFICERS' UNION SPARS WITH STAFFERS OVER "FAIR' REPRESENTATION
Tim Shorrock |
A maritime officers' union has become embroiled with its own employees in a labor dispute that has a
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
RATE GROUP AMENDS RULE ON USE OF US STATIONSNEW YORK - The West Coast of South Ameri
Maritime
CONTINENTAL, DELTA REPORT QUARTERLY LOSSES
Reuters |
Hit by fierce competition and a huge restructuring charge, Delta Air Lines said Thursday it lost nea
FLORIDA WEST ADDS FREIGHTER, SEEKS FURTHER EXPANSION
William Armbruster |
Florida West Airlines, seeking to expand its presence in the dynamic Latin American air cargo market
2 NEW ENTRANTS IN LATIN MARKET SHAKE UP ARROW, CHALLENGE AIR
Larry Birger |
With Latin American air cargo booming, two Miami companies have stepped in to fill a growing void in
PENA BLASTS EUROPEAN COMMISSION OVER GRANTS TO FRENCH, GREEK AIRLINES
Journal of Commerce Staff |
Secretary of Transportation Federico Pena Thursday blasted a decision by the European Commission to
TRANSPORT BRIEFS
Wire and Staff Reports |
DENVER AIRPORT MAY START WITH ALTERNATIVE SYSTEMDENVER - The city will not wait for
CANADIAN RAIL UNIONS STEP UP THE PRESSURE
Leo Ryan |
Unions representing tens of thousands of railway workers are turning up the heat as contract talks w
AMTRAK, CITING DELAYS, SEEKS ACTION AGAINST FREIGHT LINES
Rip Watson |
Amtrak officials are asking for Justice Department action against freight railroads whose poor perfo
GOODWILL GAMES PROVIDE A "MOVING' EXPERIENCE
William Armbruster |
As the Goodwill Games in St. Petersburg, Russia, approach their midway point, Kintetsu World Express
TRADE BRIEFS
From Wire and Staff Reports |
US, CANADA STILL AT IMPASSE ON WHEATThe United States and Canada remain at an impasse in neg
Maritime
PROMOTERS GIVE BOOST TO UK EXPORT DRIVE
HELEN MacLEOD |
Britain's Department of Trade and Industry gave itself a pat on the back Thursday for its export pro
Maritime
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