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The Honolulu Advertiser from Honolulu, Hawaii • 11

Location:
Honolulu, Hawaii
Issue Date:
Page:
11
Extracted Article Text (OCR)

The Honolulu Advertiser Wednesday, April 29, 1992 All MONEY Market Data Bank Tim. April 28,1092 Job safety checks lacking, union says ivianieis at a Glance DOW 3307.92 SAPSOO 409.11 NYSE 225.12 0.18O- AMEX 383.04 NASDAQ 5S0.33 How states rank on workplace safety A now report says there are 10,000 worker deaths and 6 million Injuries a year in the U.S. The annual death rate per 100,000 workers by state: 0 a 6.0 9.9 1 0.0 -1 4.9 a 1 5.0 and over Dow inches up 3.36 in unremarkable day Associated Press NEW YORK The stock market staged a turnaround yesterday, eking out a small gain In the final hour of what amounted to a dull session. Nikkei on holiday Japanese financial markets were closed Wednesday (last night, Hawaii time) In observance of Greenery Day, a national holiday. It Is part of Japan's Golden Week vacation period that lasts through May 5.

The Dow Jones average of inspectors and the states have about the same number to inspect nearly 6 million work sites. This averages to inspections once every 84 years for all work places or once every 25 years just for Job sites that are considered especially hazardous, such as in the shipbuilding, meat-packing and metal-working industries. It would take Hawaii's inspectors 16 years to inspect all of its job sites at least once, according to the report. As one of the 23 states with a workplace safety plan accepted by OSHA, Hawaii has both federal and state safety inspectors. Ellen Kondo, an official with the state Labor Department's Division of Occupational Safety and Health, said there were 26 state inspectors last year.

Those 26 inspectors are responsible for ensuring the safety of all the state's public employees and workers for the state's 26,862 private-sector employers. Last year, Kondo said, the 26 inspectors conducted a total of 1,659 private- and public-sector workplace inspections. Kondo said DOSH is hampered by a shortage of money. Funding for the state plan is set by the federal government with matching funds provided by the state. OSHA inspectors too few to inspect most work sites Advertiser Suff and News Services WASHINGTON The government has pinched the resources of its worker safety program so tightly that the average American Job site can expect to see federal inspectors just once in 84 years, AFL-CIO officials charged yesterday.

"Workplace inspections by OSHA, the federal agency that is supposed to protect health and safety, have become a once in a lifetime experience," Thomas R. Donahue, AFL-CIO secretary-treasurer, said in releasing the union's report "By and large, fines are very low and inspection infrequent. OSHA is clearly an agency with a weak bark and an even weaker bite," he said. "In effect, the nation's employers are not afraid to neglect or ignore the health and safety of their employees." A spokesman for the Occupational Safety and Health Administration, Doug Fuller, said, "The issue isn't how many times 30 industrials, which had been in negative territory for most of the day, added 3.3G points to close at 3,307.32. But declining issues out jd Hawaii: 6XT numbered gaining ones by about 9 to 7 on the New SOURCE: AP York Stock Exchange.

Kniqhl-RKfctor Tnbun JUDY TREIBLE 0472892 Volume on the floor of the Big Board came to 186.72 million shares as of 4 p.m., up from 172.87 million in the previous session. for the agency is granted. President Bush is asking for $293.9 million in OSHA funding for fiscal 1993 $2.6 million less than the estimated fiscal 1992 budget authority. Over the past decade, OSHA's funding has slipped by 34.5 percent compared to the federal budget's overall growth. OSHA has fewer than 1,000 OSHA can get to every work site.

The important thing is getting to the work sites where safety is a problem and targeting our resources as effectively as possible and that's something OSHA is doing very well." It's something OSHA will have to do better if the current administration's budget request during April, But James Schroeder, an analyst with MMS International in Chicago, dismissed the report, saying, "most of that gain was based on future expectations, not based on hard-and-fast numbers" reflecting the current condition of the economy. Separately, the government said the nation's gross domestic product rose 2 percent in the first quarter, pretty much in line with expectations. Another report, which contributed to the mixed outlook, showed a sharp slump in single-family home sales for March. "There's a true lack of con The market opened on a weak note and drifted lower, continuing a trend that has developed since the Dow set a record high nearly two weeks ago. But trading was extremely thin, with most investors staying on the sidelines while they await more concrete evidence that the economic recovery is taking hold.

Economic data released yesterday proved conflicting. The Conference Board reported a dramatic improvement in consumers' outlook KITV csdled profitable despite Ttik's debt dio cameras, internal switching stations are located. Bankruptcy Court notice pub viction in the near term," said Eugene Peroni, an ana' lyst with Janney Montgonv ery Scott in Philadelphia. equipment and a playback machine new equipment that employees "wanted for a long time," the source said. All of the purchases have required approval of the Bankruptcy Court in Wisconsin.

KITV and its Maui and Hilo satellites are counted as one of Tak's total of six television Hawaii television station KITV Channel 4 continues to operate profitably and in fact has been spending more on equipment and improvements than in most other recent years, sources said yesterday. "All of our stations are operating profitably," said Linda Anderson, assistant to the president of Tak Communications when asked about a large lished yesterday in the Honolulu Star-Bulletin. Tak Communications, burdened with debt taken on in assembling the chain of six TV and three FM-radio stations, filed for Chapter 11 reorganization almost 16 months ago. Although the company is based in Maryland, it filed the petition in Wisconsin, where four of its TV The legal notice outlines procedures for creditors to file proofs of claims and interests. KITV general manager Dick Schaller was out of town yesterday, but a source familiar with the operation said "it appears to be very solvent." Not only has KITV had its Ala Moana facility repainted and re-roofed but it has purchased stu Dow Jones Industrials NYSE Average High 3329.83 Low 3273.03 i 3400 i I i i 235 230 225 220 215 210 3300 3200 I I OOMI .9 f-3100 i 3000 1....

31 14 21 28 March April 31 7 March 14 21 28 April HAWAII STOCKS J.B. Havre Securities From Sales 52,100 12,200 400 2,700 Chng Sales Clse Chng V4 MaunLoa 37,100 6V4 Va unch PaclntSvc 932 unch V4 PioneerFd 5,600 1B1i -V Reslnclnv 4,800 10 1A unch Schuler 93,400 16Va -fVi unch Clse 24V2 45V 15V4 41 Va 18B 24 91 6B 32 25V 7Va 37V 13B 127B HAWAII MUTUALS unch BancpHaw Barnwell BrkHillPty CBBncshrs CPBInc Cyanotech DoleFood FirstHaw HAL Inc HawElecIn IntHldCap MauiLand 101,500 31,700 24,400 From First Pacific Management Corp. Vt Sell Buy Chng unch IstHawMuni 10.56 10.56 HawPacFd 8.72 unch HawnTaxFr 11.11. 11.57 unch LeahiTaxFr 13.01 13.01 INDEXES MOST ACTIVE STOCKS Now Voik CKM Chanae Stock ..225.12 4 0.11 IntCoran 336.000 116 EngirSvc 285,700 1 4 Vi ImCp 280.000 25'1 -V. Nubro .252,200 25 -H 205.700 4 HrtgtMd 203.700 Industrial 261 .42 4 0 32 Trentoort 203.79 4 0.92 Clou Dig 25V.

26 4 "1 214 -Vi 9'1 It 22V, 43' Vi 20' 4W Utility 96 90 4 0 29 Finance ..171.27 Now York Salea 2.431,300 1410,000 2,309.200 2.224.700 2.207,700 1.715,600 1,692,100 1.492.900 1.483,600 1,457,800 1,432,100 1,411,400 1.363.500 Amman TRENDS Clot Chang Indtl. Unocal Gtiio. PtnlVn SJflNib Compq fomko. BakerHu BankAm TT TelMeiA0 Torclmrti HofflcD QenMel. 43' NASDAQ 56 '1 CIom Chang NMSCompo 247.67 -216 NMSIndu! 241.70 -400 OTCCompot 560.33 4 61 21 61 40H 4' 76VI 1a Now York Advanced 727 798 Declined 955 902 Unchanged 571 513 Total ieeuea 2253 2213 Now high 32 40 New Iowa ...26 20 Amnion Advanced 246 230 320 305 1.333,000 1,326,200 GOLD, SILVER rlrofu 11 npi Uji Uj lu (0 n))n uiktimmimiu iai' tmmmi.iiwm' Yeiterday Pntvtout Odd 33696 336.60 American Stock Salti ClottCh VangB 535.200 34 Amdahl ..454.600 16 MetrMW 353,600 22 -V, Unchanged 215 229 Total Mm 711 764 New tnghe 6 6 New Iowa 13 12 Silver 3.90 3.941 Platinum 342.50 J42.S0 FOREIGN EXCHANGE DOW JONES Fan.

currency DolKr Ki In doners Ion. currency Tue. Men. rue. Mon.

Stock Opan High Low Cloee 30lndut 3291 52 3329.13 3273.03 3307.92 20Trene 1353.14 1 367.34 1337.63 1 353.33 15 UM 206.94 208.63 205.67 207.75 66 Stock 1168.22 1179.44 1158.34 1170.61 Chng 4 331 4 316 106 Argent 1.0100 1 OlOO .9900 9900 Austral' 7540 75SS 13263 1 3236 Austria 0859 0860 11 64 1163 Britain 1.7745 1.7770 .5635 5627 Canada 8364 6362 1 1956 1 1959 STANDARD POOR'S Colombia 001739 .001739 574,91 57491 400mdu. 20 ECU 1.24250 124290 .8048 .6046 Egypt 3008 ,3008 3 3250 3.3250 2218 2231 4 5090 4 4825 France ...1792 .1794 5 5790 5 5755 40U1U. High ...465.49 361.92 146.84 34.27 139.79 409.69 384.59 Chng 0.67 181 4 0.60 0.14 1.30 4 0.66 1.11 Clot 484.59 351.92 14564 34.12 13641 409.11 383.54 Low 481.25 348 66 145.03 33.67 137.69 406.13 380.95 400 500 100 Germany .6044 .6048 1 6544 1 6535 Hong Kong 1293 1292 7.7350 7,7373 Inonsia 000496 000496 2015 52 2014 50 Israel 4129 4214 2 4220 2 3729 Italy 000804 000805 1244.00 1243 00 007513.007513 13310 13311 3943 3934 2 5360 2 5420 Mexico 000325 000326 3075 50 3069 00 Nethrlnds .5373 .5385 1 8610 1 8570 Zealand .5350 .5345 1 8692 1 8709 Norway 1543 .1648 6 4800 6 4605 SUGAR FUTURES Work) ugw No. 11 Futures Htnfc Open .976 .9.52 May. Low 963 945 691 862 6.80 8 92 982 966 907 695 6.89 8 83 8.79 Settle 975 964 9.92 893 969 6.91 Sent 21.33 21.46 21.70 21.67 21.67 21.76 UMpins.

006 0409 24 65 24 43 Portugal 007163.007176 1 39.60 1 39 35 Saudi Arab 2667 .2667 3.7490 3 7490 Singapore 6048 6046 1 6535 1 6540 So.Wea 001284.001284 778 70 779.00 So. Africa 3481 .3478 2.8725 2.8750 Spain ....009648 009653 103 65 10360 Sweden .1669 .1675 5.9910 5.9715 Switzertnd 6592 .6538 1.5170 1.5295 Taiwan 0400 0400 2501 26 00 Thailand .03897 .03897 25 68 25 66 4.05 04 4 07 .06 .05 Chg .02 4.04 8.83 Domeitic sugar No. 14 Future Own High Low 21.33 21.32 21.32 21.46 2148. 21.45 Jul Sep. Nov.

Jen. 21.69 21.70 21.69 21.0 t.m 21.0 21.65 21.67 21.65 21.69 Turey 000155 000154 645800 647700 Venruel 01 54 01 54 65 0700 65 0300 May DIVIDENDS EARNINGS CORRECTION GenPfysicS I .06 5-6 5-15 company corrects record date. LoctiteCoro a 19 6-5 7-1 correcting amount of increased declaration declared on prn in. SPECIAL Am List ..100 5-22 8-1 Hogan Systems 15 5-29 6-16 FirstLine-" of Credit application and provide us with some other financial information, then drop the material off at anv First Hawaiian branch. .11 8-12 8-30 That's right.

If you ned cash right amy, but don't need more than a $50,000 line to stan with, we can give you the Company Per. Ami. Pec. Date IRREGULAR Eaton Vance Inc 25 5-1 5-15 includes distribution of .16 from capital gains. STOCK Constarlntl 6-11 6-2 2 lor 1 spilt Fitervlnc 5-15 5-29 3 lor 2 split FstBncp Indiana 5-13 5-29 I- 3 for 2 split GKcwrBncp 10pc 5-5 5-28 Junobgnting 1 5-16 6-8 1- 2 lor 1 split.

Louisiana Pac 1 515 6-5 3 lor 2 split. Newberry Bncp 1- 2 lor 1 split subject to approval: record I pay dales INITIAL FstBncp Indiana Juno Lighting Preleneo IncoOpp Todd AO 05 0,15 7-1 .0825 5-21 5 29 .015 5-8 5-29 El Conaohdatad Edison IstQtr Year Ai S116.482.0O0 $108.61 And what's more, we'll waive all closing costs. So, if you're in a hurry and need no more than a $50,000 line of credit, come see us fast. This is a limited time offer. Nellnco PerShani money within 15 working days.

Guaranteed. Or we'll give you a $100 bill. the only "ifs" arc: you must qualify for the line, your improved property must be in Hawaii, and there are no special circumstances that would require us to get an appraisal on the property. Minimum line available: $10,000. How do you know you can qualify? Easy.

Just complete our Equity .55 urrent Rs SO 47 SO 43 Firet Mississippi 3rdQtr Year Ago S122.796.0O0 $020 unannouncea 515 6-1 Net Loss PerSnar PeosiCa Inc. INCREASED IstQtr Year Ago $241 .500.000 $205.400000 $030 $026 Nellnco Per Sha' First Hawaiian Bank 515 6-1 5-15 6-1 5-11 6-1 58 5-29 5 -16 6-1 5-15 5-29 5 29 6-12 Tanneca mc. IstOtrYear A Nutmeg mdust 3 lor 2 spin. AFLAC hid Colorado NtiBksnr Constar Intl Great WestmFncI Lockheed Corp Louisiana Pac Marshall Winy Owens I M'nor Schermg Plougn UGICot) USLIFECorp United SvgflkMT, Ago 000 SM 000.000 051 000 0 The Answer is Yes. Nellnco Par Sham Member FDIC $0.20 OS0.03 065 6-15 6-30 WhtriBOOl CdfD IslOf Year Ago $35 000.000 $24.000 000 $049 $0.36 Tf-flN tl- Knl irill net evrfrti APR THf nrn.nl ret mvwl ihm 1.

Ymi mnl rflrrv inuiranrf on the nmnertV that secures thrcnpHit .39 5-8 5-26 .325 5-29 7-1 .42 5-15 6-1 .14 5-11 5-25 Nellnco PerSnre C-incoma, oxoss. 61 "TUT VTPP.TKai K.iivkdnc nrvrn twvMtM rtf a rnamnUlixrl snnliltun narlrt tvt at! ciinrvtrrino 4vMimanTe loan nnrfvntatrt fnr mmnlftr iVtailc 111 WrUWUV beW 4V kJ MM JO lVgilW vyvu ItVVlJJ itwnivHi jnHaitivii aeavivva, bum u)nri utif uuvuuivutv, trffc tvmam r- iirnoe.

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About The Honolulu Advertiser Archive

Pages Available:
2,262,631
Years Available:
1856-2010