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QUOTA WATCH
American Association of Exporters and Importers Textile Quota |
Textile Quotas to Watch as of May 27, 1994* Country Category Description
Maritime
MEXICAN OFFICIALS ISSUE NEW CERTIFICATE OF ORIGIN
Kevin G. Hall |
Concerned about nations shipping goods into the country through third countries to illegally gain ta
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
US IMPORT PRICES ROSE 0.4 PERCENT IN APRILWASHINGTON - Prices of U.S. imports, exclu
Maritime
FUNDAMENTALIST TERRORISM PUTS EGYPT'S TOURISM IN HARM'S WAY
Tom Hundley |
Aswan is, lock, stock and wallet, a tourist town. For more than a century this sleepy Nile port has
TRW SUBMITS BID TO CHINA BANK TO PROVIDE TECHNICAL INFRASTRUCTURE
Reuters |
TRW Inc. said it submitted a bid to provide the technical infrastructure for a modern banking system
TRADE FAIRS
JOC Staff |
NORTH AMERICA China-U.S. Trade Exhibition. June 1-3. New Jersey. Matching U.S. manufacturers
Maritime
WORLD COTTON-FUTURES CONTRACT SUFFERS FROM LINK TO US PRICES
Patrick Kelly |
The parallel rise in world and U.S. cotton prices this year has curbed use of the world cotton-futur
A.M. BEST RETAINS RATINGS FOR CIGNA, USF&G
JOC Staff |
OLDWICK, N.J. - A.M. Best Co. left the "A-" ratings for Cigna Corp.'s property/casualty operations a
VENEZUELA'S BANK WOES BRING CALL FOR BOOST IN REGIONAL STANDARDS
Charles W. Thurston |
The impact of the near collapse of Venezuela's commercial-banking system has spread beyond Venezuela
Maritime
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
AETNA WILL IMPLEMENT 2,000 OF 4,000 ANNOUNCED LAYOFFS
Journal of Commerce Staff |
Aetna Life & Casualty Co. formally announced layoffs of 2,000 workers by the middle of next month as
INSURANCE BRIEFS
From Wire and Staff Reports |
NAIC SEEKS POWER ON INSURANCE TRANSFERSState insurance regulators said they, not the federal
COFFEE TRADERS PAY EXTRA TO SKIRT INDONESIAN DEFAULTS
Knight-Ridder Financial |
In order to avoid shipment defaults, some Singapore traders have paid higher prices for the Indonesi
BALTIC FREIGHT INDEX
JOC Staff |
1455 (May 31, 1994) Previous day - 1462 The Baltic International Freight Futures Market in L
Maritime
US INSURERS PUSHING CHINA TO ALLOW ENTRY TO MARKET
P.T. Bangsberg |
A reconnaissance tour last week rekindled interest among American insurance companies in China's pot
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP (New York) - John J. Salinger, president of the Trade and Political Ris
MASS. BAILOUT FUND WANTS INSURER'S PAPERS
Kimberly Blanton |
The state fund for bailing out defunct insurance companies has asked Massachusetts regulators to tur
SHIP FIXTURE BREAKDOWN
Ship fixtures are a product of Knight-Ridder Financial, TNT, |
GLOSSARY AR: American Tanker RateSchedule RevisedRS: American Tanker Rate Schedule
Maritime
APL, MEBA EXTEND THE DEADLINE ON CONTRACT NEGOTIATIONS BY 60 DAYS
Journal of Commerce Staff |
American President Lines Ltd. said Tuesday that contract negotiations with the District1/Marine Engi
Maritime
FREIGHT RATE FUTURES
JOC Staff |
May 31, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
STRONG YEN, WEAK PRICES TAKE TOLL ON JAPANESE SHIPBUILDING PROFIT
Olivier Fabre |
Japan's world-leading shipbuilding industry saw profit for the year to March 31 mostly sink as margi
Maritime
INTERNATIONAL BUNKER PRICES
JOC Staff |
Journal of Commerce Special LONDON - The following is the list of bunker prices obtained dur
BUSINESSMAN IS ACCUSED OF STEALING SHIPPING GEAR
Tacoma News Tribune |
A federal grand jury accused maritime businessman Panos S. Palas of Tacoma of involvement in a schem
Maritime
BUREAU VERITAS REJECTS 50 PERCENT OF SHIPS
Journal of Commerce Staff |
More than half the ships that applied to join the French classification society Bureau Veritas last
Maritime
MERGER WILL CREATE BIGGEST BROKER OF CHARTERED CONTAINERSHIPS IN US
Peter M. Tirschwell |
Two U.S.-based charter brokers, Commonwealth Shipping Ltd. and North American Chartering Corp., are
Maritime
BRAZIL TO DOUBLE EXPORT CAPACITY AT GRAIN TERMINAL
James Bruce |
Brazil's state-owned mining company Companhia do Vale Rio Doce (CVRD) is investing $35 million to do
Maritime
POLITICAL HARDBALL SLOWS OIL-SPILL RULE, SHIP INTERESTS SAY
Alan Abrams |
As they anticipated the Coast Guard missing its self-imposed deadline today for issuing an oil-spill
Maritime
DREDGING KEY TO US COMPETITIVENESS, LAWMAKER TELLS NEW YORK GROUP
Alice Cantwell |
A New Jersey congressman who helped end the impasse on federal permits to dredge the Port of New Yor
Maritime
5 UNIONS TO GIVE CONDITIONAL OK TO OIL-EXPORT EFFORT IN ALASKA
Stephanie Nall |
Five maritime unions said they will support congressional efforts to lift the ban on exporting Alask
Maritime
CANADA'S RAILWAYS ON TRACK FOR LABOR CONFRONTATION
Leo Ryan |
Barring a significant shift in current labor negotiations, Canadian observers expect the freight ope
ASIA TO US: GET OWN TRADE POLICY IN ORDER
P.T. Bangsberg |
U.S. trade policy in Asia is confused, hypocritical and naive, and probably will torpedo itself, sen
TEXTILE IMPORTERS PROTEST CUSTOMS' LIABILITY PROPOSAL GROUP SAYS CHANGES VIOLATE LAW'S INTENT
Robin Bulman |
Importers have charged the U.S. Customs Service with violating the letter and spirit of the new Cust
BROOKLYN DATA CONVERTER HELPS SHRINK THE GLOBE
Charles W. Thurston |
Noah Foxman gets a distant look in his eyes when he stares at the globe sitting on his desk in his o
SEA-LAND TO BECOME TOP MILITARY CARRIER
Peter M. Tirschwell |
Sea-Land Service Inc. will become the largest carrier of military cargo in the North Atlantic and Pa
JOURNAL OF COMMERCE - FAST FACTS WORLD RASPBERRY PRODUCTION, 1993
Washington Red Raspberry Commission |
United States 31.6% Poland 16.3%Chile 15.9%Hu
BRAZILIAN BANKS SEE CHANCE FOR CREDIT GROWTH
James Bruce |
After years spent watching reduced inflation open consumer credit markets for banks in other Latin A
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +11.815/23 101.95/24 101.75/25
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
COST OF CREDIT
JOC Staff |
Friday, May 27, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRADERS SAY DOLLAR WILL STAY WEAK UNTIL STOCK, BOND MARKETS RALLY
Gordon Platt |
Good news on the economy is bad news for the bond market, which is bad news for the dollar, foreign
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