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Statesman Journal from Salem, Oregon • Page 28

Publication:
Statesman Journali
Location:
Salem, Oregon
Issue Date:
Page:
28
Extracted Article Text (OCR)

BUSINESS Page 60 Statesman Journal Salem, Oregon Tuesday, August 21, 1990 Gold prices (Republic National Bank): $410.10, up $0.50 Silver prices (N.Y. Comex): $5,129 per troy ounce People ate Zm Financial planner joins staff at Willamette Frank R. Vidin of Milwaukie has been named as planned giving officer for Willamette University i llJi i.lipw mmmggj Frank R. Vidin in Salem. Vidin's responsibilities will include contacting alumni and friends of the university and advising them on planned gifts and bequests.

Vidin also will he Mo WW TO V-' -M 'i 1 -1 ,3 1 Tfcav available for presentations on estate planning and charitable giving. Vidin formerly was in private practice as a financial planner. He is the co-author of Plain Talk About Estate Planning, a 90-mi-nute seminar on estate planning. He received the certified financial planner designation in 1983. He teaches part-time at the School of Business Administration at Portland State University.

Hartman starts district job with Army engineers PORTLAND Major Larry E. Hartman has assumed the job of deputy district engineer of the v. AP photo Members of the civil-rights group Operation PUSH march toward Nike headquarters in Beaverton. I U.S. Army Corps of Engineers' Portland District.

The Portland District has responsibility for the Prima' water PUSH mmarelhies Mote Rights group calls for end to 'apartheid corporate policies' Recycling measure questioned Opponents say it would cost jobs By Theresa Novak The Statesman Journal A get-tough environmental measure that would ban many types of non-recyclable packaging would cost untold jobs and millions of dollars to Oregon businesses, opponents of the proposal said Monday. "This isn't about recycling," said Ginny Burdick, a spokeswoman for the Oregon Committee for Recycling, an industry group opposed to the so-called Oregon Recycling Act. "It is a product ban. It is a meat ax. It does nothing to recycle products." Burdick, Kevin Dietly, an environmental consultant from Massachusetts and Arthur Christiansen, the president of Norpac Foods spoke against Measure 6 at a meeting Monday with the Statesman Journal editorial board.

Dietly said that the measure unfairly burdened industries with the full cost of seeking alternate packaging without weighing whether the recyclable packing was in the best environmental interest. In the long run, for example, it might be more environmentally sound to use disposable diapers than to use cloth diapers considering the amounts of hot water and laundry detergent required to clean cloth diapers. The Oregon Recycling Act would require that by 1993, all packaging on products sold in the state be: Reusable five times for similar uses. Made of 50 percent recycled material. Recycled at a rate of 15 percent, or made of material that is recycled at a rate of 15 percent.

By 2002, the packaging would have to be either recycled at a rate of 60 percent or be composed of at least 60 percent recycled material. Christiansen said that he opposed the measure because if it passed, it could shut down his food processing plant, which relies heavily on the use of plastic bags in processing fruits and vegetables. "Not one of those 18 lines would be legal," he said. But Joel Ario, the executive director of the Oregon State Public Research Group, said that the measure specifically exempted companies like Norpac that had no alternative but to use non-recyclable materials in their packaging. "Clearly, his company falls into that exemption," Ario said.

"But this measure would give manufacturers an incentive to develop alternatives." Ario blasted the allegation by members of the opposition that the recycling measure would cost jobs. "It has been proven that recycling creates jobs," he said. Ario characterized the battle about Measure 6 as a squaring off between his group's grassroots efforts and the big money of national packaging companies. "We hope to raise a quarter-million dollars," he said. "The fact is, they're going to outspend us 10 to one." According to a internal memorandum from the Committe for Recycling, up to $2.5 million could be spent on a media campaign designed to defeat the measure.

Members of the Oregon Committee for Recycling who oppose the measure include the Polystyrene Packaging Council, Food Services Packaging Association, Dow Chemical, the American Paper Institute and Chevron Chemical and many smaller Oregon panies. Oytfjr 1 resource activi-iSr I ties in Western western Washington. The district, one of four in North Pacific Division, is a diversified civil works program with emphasis on hydroelectric power, navigation, flood control, fish and wildlife, and recreation. Adult, Family Services adds Margonis to staff John S. Margonis was hired as manager of Information Systems at the Adult and Family Service Division in Salem, effective Aug.

30. His annual salary will be $54,204. "We will not rest until we bring Nike down to its knees," Chicago Alderman Dorothy Tillman said after being turned away from Nike's offices. PUSH has succeeded in winning "covenants" promising blacks greater opportunities at companies such as Coca Cola and Burger King. Last month, the group singled out the athletic shoe industry and Nike in particular, saying blacks buy lots of shoes but receive little in return.

Nike executives met once in Chicago with PUSH leaders. PUSH officials demanded that Nike increase black employment and direct more of its business to black-owned banks and advertising agencies. Another meeting was set in Beaverton, but Nike officials cancelled it. Nike executives charged that their chief competitor, Reebok International had engineered the dispute to make gains in the market. PUSH executive director the Rev.

Tyrone Crider denied the Reebok connection, saying the Massachusetts company was next on PUSH'S list. PUSH stands for People United to Save Humanity. The group was founded by former presidential candidate Jesse Jackson. Nike was targeted first because it is the biggest company in a booming athletic shoe and apparel industry. Nike posted $2.2 billion in sales and a record $243 million in profits last year.

"The Nike corporation has zero blacks on their board, zero black vice presidents, zero jobs in most of the inner cities around this nation," Crider said. "Zero dollars in the African-American banks, zero ads in magazines, zero ads in black radio, zero ads in black newspapers. This is an apartheid policy." The sneakers are touted in high-profile television ads by black stars such as basketball players Michael Jordan and David Robinson, football and baseball player Bo Jackson, and filmmaker Spike Lee. No local black leaders were on hand for the protest. The Associated Press BEAVERTON About 40 people from Operation PUSH marched on Nike headquarters Monday, calling for an end to the athletic shoe company's "apartheid corporate policies." Nike security chief Patrick McElroy stopped the group at the door of the suburban office building.

He said no Nike executives would meet with them. The marchers wore T-shirts that read: "Say No to Nike." They often referred to apartheid, the system of enforced racial separation in South Africa. One woman shouted at McElroy as he barred the door, "This is America, not South Africa!" The Chicago-based civil rights group has called for a national boycott of Nike products, saying Nike officials deny blacks adequate employment and business opportunities. Nike officials say their policies and programs for minorities could be models for the industry. Agenda Keizer journal won't publish in August and editor for small publications around the country before returning to Salem in 1986.

He founded The Commercial Chronicle Publishing Company in 1989, a month after he published the first issue of Salem-Keizer Business Journal. The newspaper has four full-time employees, including Holloway, and a handful of part-time employees. Holloway said he would resume publication in September. Holloway refused to give details on the financial reorganization. Despite low advertising sales, Holloway said, the newspaper has filled a niche that he thought was not being served.

"I can tell you it has been extremely well received in the business community," he said. The newspaper has a circulation of 9,000 in the Salem-Keizer and Stayton areas. Most copies are sent to businesses free. Holloway, a Salem native, worked many years as a reporter been suffering from poor advertising sales since its first issue Feb. 1, 1989.

Holloway said that he started a professional marketing team in April and that sales have been picking up. The increased sales were not enough to compensate for losses in the past year, however. "It's been a struggle," Holloway said. "Like any new business, we undergo the same set of difficulties that any new business undergoes the first couple of years." By Allen Cheng The Statesman Journal The Salem-Keizer Business Journal is not publishing in August. The Keizer-based business publication is using the month to reorganize itself financially, Jack Holloway, the publisher and managing editor, said.

"We want to get on a stronger financial footing," he said. The newspaper, which is published on the second and fourth Thursdays of each month, has TODAY State Department of Agriculture Wine Advisory Board regular meeting, 12:30 p.m., Alber's Mill, 1200 NW Front Portland. Information: 378-3773. State Department of Agriculture Oregon Caneberry Commission regular meeting, 6 p.m., North Willamette Experiment Station, Aurora. Information: 378-3773.

Oregon Progress Board Public meeting, noon, State Capitol, Room H177, Salem. Information: 373-1220. Willamette Lutheran Homes Lecture, "Medicare Update," 2 p.m., 7693 Wheatland Road Keizer. Information: 393-1491 or 399-3074. WEDNESDAY Pioneer Place Grand opening of Saks Fifth Avenue store, activities through Sunday; Pioneer Place, 700 SW Fifth Portland.

International Small Business Exchange Program Seminar on foreign business connections, 10 a.m., World Trade Center, 121 SW Salmon Suite 210, Portland. Information: 274-7482. Marion Soil and Water Conservation District Monthly meeting, 7:30 p.m., 3886 Beverly Ave. NE, Salem. Information: 399-5746.

Oregon Cattlemen's Association Quarterly board meeting, today and Thursday, Tapadera Inn, Ontario. Information: 281-3811. The Statesman Journal welcomes information from the mid-valleycentral coast business community for its Business People and Business Agenda columns. Information must be typed and double-spaced. Photos of featured individuals will be considered for use but cannot be returned.

Information and photos should be brought to the newspaper at 280 Church St. NE or mailed to the Statesman Journal, P.O. Box 13009, Salem, Oregon 97309. Please mark the envelope for Business People or Business Agenda. OPEC won't meet about boosting oil production Soviets seek OPEC status The Associated Press MOSCOW Russia's foreign economics minister said Monday the Soviet Union's largest republic would like to join the 13-member Organization of Petroleum Exporting Countries.

Viktor Yaroshenko told a news conference that the republic considered itself free to join such organizations because of its assertion of independence of central Soviet control. The republic's parliament has decided that it controls its territory's resources. markets at Cambridge Energy Research Associates in Paris, agreed. "Saudi Arabia probably would have preferred to do it with OPEC's authorization. (But) they'll do it," he said.

Meanwhile, Venezuelan President Carlos Andres Perez said Monday that several OPEC nations with the capacity to increase oil production expected to meet within days, despite the OPEC announcement. Monday's news was greeted with generally higher prices on the New York Mercantile Exchange. The September contract for West Texas Intermediate, the benchmark U.S. grade of crude, was down 7 cents to $28.56 per 42-gallon barrel. But later contract months settled higher.

The Associated Press BRUSSELS, Belgium OPEC officials said Monday that they would not hold an emergency session to consider increasing oil production to help make up for the shortage caused by the Mideast crisis. But analysts predicted that Saudi Arabia, the world's largest oil exporter, would fulfill its pledge to boost output by as much as 2 million barrels a day to try to steady nervous oil markets. "It is beyond assumption. The kingdom of Saudi Arabia is going to increase production," Peter Gignoux said. He's the director of the international energy department at Shearson Lehman Brothers Inc.

in London. Peter Bogin, the associate director for oil In Brief Market ReportStocks of Local Interest SAFECO Washington Insurance holding co. 2760 I Monday I (TW! 2656.44 1 2720 2680 rJ I 2640 i.JegaO TueWedThu Fri Mon $37.6251" $38' Plus, Cirrus will share their bank machines NEW YORK Cash-strapped consumers will soon have access to about twice as many automated teller machines. Plus System Inc. and Cirrus System the nation's largest networks of ATMs, announced a formal agreement Monday to share their machines.

"Plus and Cirrus are no longer competing for ATM locations," D. Daniel Browning, president of Plus System said in a statement. "Competition in the future will be based on the value and service we provide." From APGNS wires Officials: Gasoline prices will keep rising Expect to pay more at the gasoline pump this week. Prices are primed to rise, fueled by rising crude oil prices and the end of a week of price freezes, officials said. Gasoline futures rose Friday to 95.97 cents a gallon, up 8V2 cents.

That is one of the biggest increases since the 1979 oil crisis, Tom Kloza of the Oil Price Information Service said. It's bound to affect prices at the pump, he said. Prices have been kept artificially low because of political pressure. "I think people are in for a very, very rude awakening," Kloza said. Safety agency cites UPS for violations WASHINGTON Federal officials proposed $280,000 in fines Monday against United Parcel Service, accusing the company of willfully violating federal safety laws requiring that job-related deaths and injuries be reported.

The Occupational Safety and Health Administration officials said the violations took place at the company's Watertown, facility. Stock Close Albertson's 33Vfa Btoject. Bohemia Inc. 8V Boise Cascade 31V Coachman Ind 5'A Com'l 15Vfe Costco Dayton-Hudson 58 Vi Epitope 6 Fabrictand 8 First Security FPS Computing 1Vi Fred Meyer 15 Hewlett-Packard 34A Intel 33V Infl Yogurt Co 4Vfc James River 23Vt KeyCorp 21'i Longview Fibre 10Vt Mentor 13 Microsoft 55 Vi M-Knudsen 49Vj Nike 73V4 25'A 35H NW Nat Gas 24 OreMet 9 Oregon S33 PACCAR 33V. PacrflcCorp 19 Pacific 25 Pope ft 18Vt Portland Gen.

16H Precision Cast 31 Vi Riedel 9 SAFECO 30 Sequent 221i Tektronix 13 Teledyne 19Vi Timbertlne 9 T.J.Int 21 Univar 13 U.S. Bancorp 24V Wash. Energy 20 Wash. Fed. 25 Western Bank 11 V4 West One Bancorp ....21 Weyerhaeuser 21Vi Willamette Ind 45 WTD Industries Ti Courtesy of Shearson Lehman Hutton I $30.50 In.

32 OOW GAINS 11.64 The Dow Jones average of 30 industrials recovered 11.64 to 2,656.44 on an upswing in blue-chip stocks. Stock listings5, 6D 29 Week's close for past 12 weeks Exchange: OTC.

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