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SEA-LAND TERMINALS GETTING BACK TO NORMAL AFTER RESUMPTION OF WORK OVER WEEKEND
Allen R. Wastler |
West Coast terminal operations of Sea-Land Service Inc. resumed over the weekend after lying dormant
FORWARDER ACTING AS FRONT FOR CIA WINS $4.8 MILLION IN CALIF. COURT
William Armbruster |
The California Supreme Court has upheld a lower court's award of $4.8 million in damages, plus inter
SAUDIS EXPECTED TO STICK TO QUOTA EVEN IF PRICES RISE
Knight-Ridder Financial |
Saudi Arabia will stick to its 8-million-barrel-a-day production quota until year end and does not n
ENERGY BRIEFS
From Wire and Staff Reports |
OPEC BASKET PRICE ROSE 57 CENTS LAST WEEKLONDON - The price of OPEC's basket of seve
SAUDI CAPACITY CLOSINGS TO HIT 2 CRUDES
Knight-Ridder Financial |
Saudi Arabia's program of temporarily closing spare oil-production capacity will be concentrated mai
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - May 2, 1994 Prev. Life of Contr. OpenOpen High Low
*LONDON OIL FUTURES
JOC Staff |
International Petroleum Exchange Apr. 29, 1994Brent Crude Oil - (Dollars Per Barrel)
GASOLINE PRICES
JOC Staff |
May 2, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Premi
SPOT PRODUCT PRICES
JOC Staff |
May 2, 1994 U.S. spot oil product price indications, sellers range, in cents per gallon, f.o
NEW HAVEN RESIDUAL FUELS
JOC Staff |
May 2, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%Bu
THE ALASKAN PARTY'S OVER, AS BP CUTS BACK PERKS
Kim Fararo |
For years, oil workers on Alaska's North Slope lived a speeded-up version of the American dream. The
UNDERWATER SALT FORMATIONS HIDE OIL RESERVES IN GULF OF MEXICO
Associated Press |
Offshore oil drillers are seeing dollar signs under piles of salt in the Gulf of Mexico. New
COAL TERMINAL REPORT
JOC Staff |
May 2-8, 1994 This table shows the vessels scheduled to call at U.S. coal terminals andthe e
OFFICIAL URGES INCENTIVES FOR GULF GAS, OIL DRILLING
Knight-Ridder Financial |
The director of the U.S. Interior Department's Minerals Management Service, Thomas Fry, Monday urged
ENERGY BRIEFS
From Wire and Staff Reports |
NYMEX CRUDE FUTURES RISE TO $17.24 A BARRELNEW YORK - New York Mercantile Exchange c
DAILY PETROLEUM PRICES
JOC Staff |
Monday May 2, 1994 Prevailing sellers' posted prices at the close of business, representing
NEW JERSEY UTILITY COMPANY TURNED ON BY COMPETITION
Arthur Gottschalk |
In the brave, newly competitive world of public utilities, some utilities will be more competitive t
VENEZUELA MAY FURTHER OPEN OIL OUTPUT TO FOREIGN INVESTMENT
Knight-Ridder Financial |
Venezuelan oil authorities are planning to allow substantially more foreign investment in developing
COMMODITY / CHEMICAL BRIEFS
From Wire and Staff Reports |
STUDY: AIDS PATIENTS CAN BENEFIT FROM DRUGSYDNEY, Australia - High doses of the drug
KR-CRB FUTURES INDEXES
JOC Staff |
The Knight-Ridder Commodity Research Bureau's future price index closed Friday at 225.04 up 1.89 whi
ROADWAY, CF MAY SHUT DOWN 41 TERMINALS
Rip Watson |
While Teamsters officials began the battle Monday for ratification of a new National Master Freight
SPOT COMMODITIES
JOC Staff |
May 2, 1994 Included are list prices of suppliers. Quotations do not necessarily represent p
CHINA POISED TO IMPORT COPPER AS STOCKS DWINDLE, TRADERS SAY
Cary O'reilly |
China is ready to import large amounts of copper later this month or in early June despite the curre
SAUDI ARABIA INVITES BIDS ON PHOSPHATE MINE PROJECT
Reuters |
Saudi Arabia Monday invited foreign and national firms to submit bids for a $1.7 billion phosphate m
SPOT METALS PRICES
JOC Staff |
Commercial Quantity Aluminum ingots_ $1,100-$1,150per ton lots &
KENNECOTT TO CUT COSTS WITH MODERN COPPER PLANT
John Keahey |
It used to take thousands of well-paid Kennecott workers to produce copperfrom the depths of
ROCHE HOLDING TO BUY SYNTEX IN DEAL VALUED AT $5.3 BILLION
Knight-Ridder Financial |
Roche Holding Ltd. will acquire U.S. health-care services giant Syntex Corp. in a deal valued at $5.
JOURNAL OF COMMERCE - FAST FACTS SOURCES OF COMPUTER IMPORTS
Trade Inflo, Frederick, Md. |
Nov. 1993 to Jan. 1994 Total: $1.4 billionExports same period: $2.3 million.Japan
JUDGE REFUSES TO ISSUE INJUNCTION IN CENTRALIZATION OF NJ CUSTOMS
Alan Abrams |
Dealing a sharp blow to the hopes of those opposed to Customs' New Jersey inspection centralization
TAIWAN'S TUNTEX PLANS 2-STAGE PETROCHEMICAL COMPLEX
Knight-Ridder Financial |
Tuntex Group plans to build its T$150-billion (US$1.89 billion) petrochemical complex in two stages,
US COMPANIES WARNED ABOUT RUSSIAN TAX
Geoff Winestock |
U.S. companies have been advised to reconsider making loans to their Russian subsidiaries or partner
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of May 2, 1994 Quotations are based on prices reported in the market or obtained from sup
**BALTIC FREIGHT INDEX
JOC Staff |
1414 (Apr. 29, 1994) Previous day - 1397 The Baltic International Freight Futures Market in
Maritime
SHAREHOLDERS SUE APC, SAY OFFICERS MISREPRESENTED FINANCIAL SITUATION
Journal of Commerce Staff |
American President Cos. is being sued by a group of shareholders who claim company officers conceale
Maritime
COST OF CREDIT
JOC Staff |
Monday, May 2, 1994 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
RAILCAR BUILDERS FACE SHORTAGE OF WHEELS
Lawrence H Kaufman |
A combination of events, both here and abroad, has led to a shortage of domestically produced steel
MIAMI'S BERTRAM YACHT INC. MAY SAIL TO ANOTHER SITE DUE TO CITY PLAN
Larry Birger |
This city could lose its No. 1 boat builder, Bertram Yacht Inc. Gruppo Varasi, the Italian c
Maritime
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +8.004/26 98.64/27 98.64/28
*FREIGHT RATE FUTURES
JOC Staff |
Apr. 29, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
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