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COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
MULTIPLE SCLEROSIS DRUG NEARS HUMAN TRIALSSYDNEY, Australia - A drug to fight multip
FLORIDA HURRICANE FUND MAY FACE CHALLENGES
George F.W. Telfer |
It will take years for Florida's new state hurri cane catastrophe fund to build up enough to withsta
INDONESIAN COFFEE EXPORTERS DEFAULT IN BOOMING MARKET
Abdul Jalil Hamid |
Some Indonesian coffee exporters have defaulted on their cargoes to take advantage of boom prices, a
SPOT COMMODITIES
JOC Staff |
May 25, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
PRIVATIZATION OF INA UNDETERRED BY CHANGE IN ITALY'S GOVERNMENT
P.K. Semler |
The privatization of Italy's largest state-owned insurance group Istituto Nazionale delle Assicurazi
INCO LTD. BRACES FOR POSSIBLE STRIKE AS LABOR CONTRACT TALKS CONTINUE
Darcy Keith |
Canada's Inco Ltd. has begun preparations for a possible strike next week at its Sudbury, Ontario, n
GREENWICH STUDIES OFFER FOR THERAFECTIN RIGHTS
Marian Uhlman |
Edwin Thompson, the feisty former chief executive for Greenwich Pharmaceuticals Inc., has not given
LACK OF BIDS FOR KEMPER SUGGESTS APPEAL IS LIMITED
David Dishneau |
Resounding silence. That's been the public response so far to Kemper Corp.'s decision to consider ta
COURT RULES FIRMS CAN GET CLEANUP FUNDS WITHOUT SUIT WEYERHAEUSER WINS WASH. CASE
Lorraine Iannello |
Businesses do not have to wait for government lawsuits before they can file claims with insurers for
1ST-QUARTER WORLD GOLD DEMAND SEEN FIRM DESPITE HIGHER PRICES
Andy Home |
Demand for gold in the first quarter of this year was "firm" despite the rise in the price of gold d
NC BUSINESSES, WORKERS FEUD OVER COMP REFORM
Hunter T. George Ii |
Business leaders are begging lawmakers to reform the workers compensation system in North Carolina,
LAWMAKERS SEEK TO ADVANCE AIRPLANE LIABILITY BILL
Curt Anderson |
A bipartisan group of legislators announced plans Wednesday to file a petition to free a small airpl
SENATORS SHELVE BID TO LIFT EXPORT BAN ON ALASKAN OIL
Stephanie Nall |
Senate supporters of exporting Alaskan oil have postponed an effort to lift a statutory ban on selli
Maritime
ITALY POSTS DEFICIT IN PAYMENTS BALANCE
Knight-Ridder Financial |
Italy posted a balance of payments deficit of 202 billion lire (US$126.5 million) in April, but reco
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Tuesday at 234.69 off 3.67 w
DAILY PETROLEUM PRICES
JOC Staff |
Wednesday May 25, 1994 Prevailing sellers' posted prices at the close of business, represent
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 25, 1994 Quotations are based on prices reported in the market or obtained from su
FREIGHT RATE FUTURES
JOC Staff |
May 25, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
INFLATABLE DAMS TOUTED AS EFFECTIVE AGAINST FLOODS
Matt Crenson |
Los Angeles engineer Norman Imbertson invented inflatable dams in 1956. Los Angeles Power & Light pu
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1496 (May 25, 1994) Previous day - 1499 The Baltic International Freight Futures Market in L
Maritime
NEWPORT NEWS WINS NAVY DESTROYER WORK
Knight-Ridder Newspapers |
Newport News Shipbuilding won a $5.6 million contract from the Department of the Navy to do maintena
Maritime
COSTS TO US RISE FOR SHIP ABANDONED IN ALABAMA
Associated Press |
A leaky 387-foot ship anchored at the Alabama State Docks has been abandoned by a Venezuelan company
Maritime
SHIPOWNERS' GROUP MAY REQUIRE RECOGNIZED VESSEL CLASSIFICATION
Janet Porter |
Shipowners who wish to join the International Association of Dry Cargo Shipowners may have to demons
Maritime
BALTIC EXCHANGE GIVES NOD TO HARPER AS NEW CHAIRMAN
Knight-Ridder Financial |
Alan Harper, managing director of Jacksons Commodity House, will succeed Peter Tudball as chairman o
Maritime
PORT OFFICIAL ALAN J. KAN DEAD AT 46
Journal of Commerce Staff |
Alan J. Kan, vice chairman of the Port Everglades Authority, died of a heart attack Monday. He was s
Maritime
CAST TO SWITCH FROM BULK VESSELS TO DEDICATED CONTAINERSHIPS
Leo Ryan |
Cast (1983) Ltd. soon will be replacing its five combination container-bulk carriers, known as conbu
Maritime
MARITIME BRIEFS
Wire and Staff Reports |
DOT DREDGING PANEL TO HOLD HEARING TODAYHOBOKEN, N.J. - The U.S. Department of Transportatio
Maritime
PROPOSAL OFFERS LIABILITY BREAK FOR USE OF DOUBLE-HULL TANKERS
Alan Abrams |
In what would be the first legislative change to the 1990 Oil Pollution Act, congressional leaders a
Maritime
UN CRITICIZES TREATMENT OF ROMANIAN STOWAWAYS
Michael S. Lelyveld |
An official representative of the United Nations High Commissioner for Refugees criticized the treat
Maritime
ALTAMIRA ATTRACTS INVESTMENT ROLE GROWS
Kevin G. Hall |
Surrounded by undeveloped land, equipped with three modern container cranes and a key element in Mex
US CITES SPECIFIC CASES OF CHINA TRANSSHIPMENTS
Robin Bulman |
The United States has presented China with three specific allegations of textile transshipments in t
HOUSE PANEL ADDS YARD SUBSIDIES, ALTERS TONNAGE FEE
Stephanie Nall |
Shipyard proponents in the House voted Tuesday to add shipbuilding subsidies to the administration's
MEXICO'S NEW RULES WOULD REQUIRE STRICTER SPANISH PRODUCT-LABELING
Kevin G. Hall |
The Mexican government is putting the finishing touches on new rules that will require U.S. and othe
JOURNAL OF COMMERCE - FAST FACTS GROWTH FORECASTS, 1994
Organization for Economic Cooperation & Development, Business |
Expected economic growth, after inflation, in developing Asian countries. South Korea 5.5 p
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +12.945/18 100.85/19 101.15/20
BEIJING DENIES CHARGE THAT PRISONERS INSPECT EXPORTS SHIPPED TO THE US
P.T. Bangsberg |
China, eager to maintain its trade status with the United States, issued a strong denial Tuesday tha
AFTER PUSHING THE NEW, US FALLS BACK ON OLD IN JAPAN TALKS
John Maggs |
The Clinton administration has agreed to drop many of its controversial demands in comprehensive fra
COST OF CREDIT
JOC Staff |
Tuesday, May 24, 1994(Percentage Per Year) INTERNATIONAL INTEREST RATESCanad
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
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