ML20151N291
| ML20151N291 | |
| Person / Time | |
|---|---|
| Site: | 05000000, Shoreham |
| Issue date: | 05/09/1988 |
| From: | Weiss B NRC OFFICE FOR ANALYSIS & EVALUATION OF OPERATIONAL DATA (AEOD) |
| To: | NRC OFFICE FOR ANALYSIS & EVALUATION OF OPERATIONAL DATA (AEOD) |
| Shared Package | |
| ML20151N202 | List: |
| References | |
| FOIA-88-280 NUDOCS 8808080170 | |
| Download: ML20151N291 (10) | |
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\ UNITED s# ATEs NUCLE AR REGULATORY COMMISSION
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%. fi I WASHINGTON , ; 20555 May 9, 1988 N0'E TO: Files FRCH: Bernard H. Weiss, IRB/D0A/AE00
SUBJECT:
TELECON WI N ED REIS, 0GC, RE SHOREHAM CONTROL PLAN Ed Reis, 0GC, called me on May 9 in respense to Lee Spessard's April 29 memor-andum r.3 questing review and comments of the draft Shoreham Control Plan. Reis indicated that he thought that the draft plan was going in the right direction and that his comments were basically editorial in nature. Therefore, he was providing them to me orally rather than in writing. We discussed, in general, the approach of the control cell. He was in agreement with the concept that the controllers were to be objective and only ask questions to determine the l knowledge and information of the LERO personnel and not to imitiate State and ! local officials and be argumentative and hostile.
.A Y s/ , ,/
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/ , . .' . ' C
/) ' / ernard H. Weiss I
/ IRB/00A/AE00 l cc: G. Zech, IRB R. Hogan, NRR 8800000170 FOIA 000707 PDR PDR //
BELAIne8-200
LEP-88-0554 May 19, 1988 TO: Douglas M. Crock FROM: Charles A. Dave gkr#
SUBJECT:
Your May 17, 1988 Memo Listing Required Resources for the June FEMA - graded exercise of LERO Attached is a list of issues raised by the referenced memorandum and accompanying chart listing "Activlties to be Demonstrated by LERO." Due to the ongoing LERO drill this week, we have not yet had the opportunity to consider the objectives attached to your memorandum. We anticipate forwarding to you by tomorrow any questions about the objectives. I l
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3 i i i l I 1 l 1 i
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. Issues Raised by May 17 Menorandum 1
- 1. We would like to know approximate starting and ending times for day 1 and 3 of khe exercise,and specific for both starting and ending in-sequence and times out-of- for days 2 sequence events.
- 2. As to buses for the general population, we need more information. Under the LILCO Plan, all bus drivers are called out during drills, some are staging areas to drive real buses, picked and the atrest random driveattheir the routes in their cars. In order to provide the contracted services you requested we need the following information.
How will drivers for real buses be chosen? How will the FEMA evaluate the bus drivers and bus operations? similarly, how will FEMA evaluate school bus driver operations?
- 3. School bus drivers have been taken out of sequence for observation on the second day of the drill. Does that mean that school bus drivers need not be called out on day 1, or day 3 and that school relocation centers need not be activated?
- 4. Under the LILCO Plan, many outside organizations are called l by LERO for assistance. LILCO has asked each of these organizations to participate in the exercise, and some have agreed. LERO will place calla to actual organizations during the Exercise, telling them that there is a drill and that during an actual energency LERO would have requested whatever assistance is appropriate. Can we assume a LERO i controller will provide appropriate simulated data and information from these organizations for purposes of the exercise. Does this sufficiently exercise the interaction l with support organizations?
5. We intend to implement a shif t change on the morning of day 2, per our procedures. Does this suit? 6. Some discontinuity of play is apparently contemplated during the exercise. Can we assume that during discontinuities in play radiological data will be provided at the beginning of the time discontinuity to allow LERO players to do calculation as they would if play continued? 7. Your memorandum indicates that decontamination will be demonstrated at the trailer currently at Shoreham, by four decontamination teams. For training purposes the trailer at Shoreham is hooked up somewhat differently,from the way it will be hooked up at the reception center site. Does FEMA be hooked wantupa at simulated reception demonstration center sites? ofDoes how the trailer is to see a flexible storage tank? Does FEMA want FEMA to see four want to flexible storage tanks (one for each decontamination team)? Does FEMA vant trailer decon personnel to report to the reception center sites on day 1 or Shoreham on day 2 or both?
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- 8. does LERO determine where the 15 traf fic guides On and day 3,ivers 15 dr will be staged at a predetermined location?
Is it one location?
- 9. The objectives appear to contemplate de=enstration of a shift change in the field. How is that to be accomplished consistent with the LILCO Plan?
- 10. Certain activities on the attached chart, includin population bus routes homebound / curbside, pickups,g general mobility-inpaired at special facilities, and route alerting for deaf residents are listed as both "in sequence" and "out of sepence"., Will all these activities be demonstrated on a single day, or are "out of sequence" activities contemplated on a second day?
- 11. The accompanying chart lists U.S. Coast Guard boat alerting as "in sequence", with a question mark in the "out of sequence" column. What does that question mark mean?
- 12. How will PEMA evaluate WPLR's participation in the exercise?75 Will a FEMA representative go to any radio station? . w :,,4G
- 13. Please note that LERO does not have contacts with Riverhead,fty fd$. u fpd3,,
Harborview and Adelwirth Bus Yards. As such, LERO bus > drivers will not actually be handled at the bus yard dispatchers office. 1(AF*"+' 4AoidN'
- 14. In order to avoid unnecessarily the expense and disruption of keeping overto2,000 people available for three would it be possible indicate which non-shift fielddays, positions if any, must be available to activated on days 2 and 3 ,
(other than as noted in your memorandum) ?
CONFIDENTIAL - SCENARIO INFORMATION 1988 LILCO EMERGENCY PREPAREDNESS EXERCISE SCENARIO PLUME EXPOSURE (Day 1) Prooosed time Exercise Starts 0425 initial Conditions 100 % Power RHR Pump 'D'Out of Service RSST Out of Service CO2 System Out of Service Post LOCA H2 Recombiner Surveillance in Progress Tech. Spec. Leakage Exceeded 0435 UNUSURL EUENT Fire Potentially Affecting a Safety System 0535 UPS #2 RLERT Loss of Off Site Power 0655 Loss of Feed and Condensate Loss of Coolant Accident 0705 DBA 'A' Recire Loop SITE ARER EMER6ENCY Core Spray 'A' Trips 0710 Lose Containment Spray 0720 Lose All ECCS 0925 Lose Bus 102 Core Spray 'B' RHR 'B' RHR 'A' and 'C' injecting to leak GENER AL EMERGENCY-CONFIDENTIAL - SCENARIO INFORMATION l
l CONFIDENTIAL - SCENARIO INFORMATION Reisase Begins 1055 Valve fails open and ruptures downstream line Wind Direction from 085 Measured Dose Rate 700 mR/hr thyroid at 5 miles ! Wind Shift 1125 Wind Direction from 270 Forecast Duration 7 hrs Measured Dose Rate - 725 mR/hr thyroid at 5 miles Shi'. Change (Approx.) 1500 Exemise Ends (Day 1) 1700 1 INGESTON EXPOSURE (Davs 2 & 3 ) l Disconnected from Plume Exposure Scenario Assume that the wind initially toward the East and then shifted toward the Northeast The release to the environment has been terminated Day 2 Deposition (Easterly Plume) Emergency PAG's exceeded out to approximately 20 miles Preventive PAG's exceeded out to 35 to 40 miles l Day 2 Deposition (Northeasterly Plume) Emergency PAG's exceeded in Connecbcut Day 3 at 0800 - Advance 40 hours Day 3 at 1200 - Advance 17 days CONFIDENTIAL - SCENARIO INFORMATION
CONFIDENTIAL - SCENARIO INFORMATION LILCO EMERGENCY PREPAREDNESS EXERCISE
SUMMARY
TIME LINES EVENT M M M SUBMITTED PROPOSED Exercise Start 0800 0515 0425 Unusual Event 0810 0629 0435 Alert 0910 0559 0535 Site Area Emergency 1100 0759 0705 General Emergency 1300 0929 0925 Release Begins 1430 1130 (1) 1055 Wind Shift 1500 (2) 1630 (3) 4.125 (2) Shift Change 1700 N/A 1500 Exercise Ends 1900 1730 1700 Notes: (1) Major core damage occurs (Steam line break in Secondary Containment) (2) Wind at start of release - 085; persists for 1/2 hour then shifts - from 270; Forecast for 7 hours (3) Wind at start of release - 065; persists for 1 hour Shifts at 1630 - from 300 CONFIDENTIAL - SCENARIO INFORMATION
/ 1 m
/ S- J I ;2f- i Lilc! Appears on the Verge of Giving Up : Detr ' Ecison ~
lts icensing Effort for Shoreham Plant . Sta s Fermi 2. . P B s , u. s-rn.-,..A P Mt .L,_ ' =nmmission ee said it wo dee= empann Erksemnterest to "harmo- : t U, [oes Loorn . NEu YORK- After a bloody. years. , w:th the Jestres of its c stomers"-sug ' 1 I cng te teng Island Ughting Co ap i g+st.rg that the corre is;& might he p , Mars E". '..e serIe of abandoning its h. , L:co thwart a takeover by 2e Lcng Is!and By JOHN BWU {ensiry g-t for its controversial Shore- Power Authonty i Sta ff Hemort'r of Twr w ^t.t stu rr Jot. n.4. i mam m .. . .. goyer p arm b W ym waiting in MONROE. Mich.-Detroit Edison Co.,
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- unve from i after years of delays and huge cost o',er !
cr.a rm t he'e rett erated idr. chi f exeterview that heII miss:on **ShTOI" sull ex'pects W to
- s try:r:g Ac: earas charge RegJatoryCom-osn rules so , l powe,r plant in commereta! . 11 - - operatW St eh-- " -
mat an emergency evanauon dnll could lowing the utihty to start co!iecting con + m nths $n'd ' at ed 5 t Yet see be conducted without state and local offi. struction costs from its ratepayers. leng Is':U.d .s future energy needs can be coals But an NRC Ucensmg Board re. But the milestone, reached here Satur cently found that even if the rules are ut as d ssure for a settle. changed. L!co's osTi plaa is flawed. Given day mornirg, troit Edison. The $4.Mis a butersweet billien plant's ecsts one rnent of 'ne issue is building a]! around a!) the hkely court chal:enges, it could take have run so out of control that the ut!! sty is ! him-f t:.?, d another two years before a new dnll cou]d girding for a major interr.al austenty pro-clans, statb'ential businessmen, ity regulators pohu, be compM and Ulco pam, mcW a keen in manapa shareho.:e s. "The state has now indicated Mco doesM han mat W, gim that dams, a she W We and a , a real des;te to settle" dunng ta!Xs that last moroth New York pohuelans led by cut through attn'.lon of 300 jobs out of its j have bee:: under way for about a rnonth' Sen. Patnck Moymhan derailed a resolu. work force of 10,S00. te addet Don that would have lurated the amount As previously reported, the company m, Morener both New York Gov. Mano of tax free debt the pubhc power authonty also plus an after tax charge of $428 tral g Cuomo and Peter Bradford the head of could 'ssue in a takeover bid for Ulco. hon in the first quarter. The charge reFL , New Yort state's Public Serklee Commis- Thi.s. analysts expect a takeover bid by flects Fermi 2 costs that state regulators I sion, have recently hardened their already the Ong Island Power Authonty at any considered imprudent and won't allow De-suff oppos'.uon to Shoreham* time. L!co is now senug for about 59 a troit Edison to collect, as well as costs for Finding Alternatives share and a state appointed commission an oil fired plant removed from the rate , has found that an sis a-share tender offer base. The company, however, also faces "Shoret.rn mustn't be allowed to own. would be fair. the possibihty of addftlonal Fermi 2 re-and we c.n't :et 11 open." the governor de- "The handwnting is on the wall. It's lated charges in 1955 that could total hun-clared euber this month in his annual ume (for Mr. Catacostresa to give up the dreds of millions of do!!ars. In a rate case ,i State of me State message. Meanwhile. the p!rnt and save the compny," says Danicj now pending before the Michigan Pub:2c ' Bradfort:ec commission in November or- Scotto, utihty bcnd ana'yst for LF. Roth. dered L4a to develop by Apnl plans for Service Commissicn, Detrott Ed: son is y schild & Co. meeung f.ture power needs without Shore- seeking to recover a remaining $1.7 bilhon j l ham, m pan by stressing conservauon and m Fermi 2 construction costs. But Wilixn .. l IAng, chairman of the commission, sa d i.' independe .: power production. Mr. Cataco. NWb i Sinos sa : he is trying to do so, "there is a good hkehhood" that the uu:.ty [ l won't recene the fu:1 amount. Mr. Cuomo doesn't think I.cng Islud Defense Electronics Concern Detro:t Edison s troub:es, and rexated I i could be e,acuated dunnt a nuclear-plant l accident. And for years he has effecuvely 'gD.S h0 OI DECd
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kept the ;: ant from being licensed by re- SLnger Co. reported that earmngs m:"ss' ion, have left Wall Stree the utthty, and some secunties ana!)ts fus ng to parucipate in the federally re- plunged in the fourth 4t.arter and !vil year, are quesuoning whether Detroit Ed: son q9:ed e:.ergency evacuation dn!!. pnmanly because of cos.s associated with "Lui year, we said Shoreham has less will be able to maintain its 42 cents a share severa) aerospace elect.otics development quarterly divtdend. Dan:el:e Seitz, an ana , than a 50". chance of ever going into serv- prerrams. lyst with Smith Barney. Harns l'; ham & ice." san Pau! Parshley, utthry bond ana- The Montvale. N.J., concern's net in. lyst for Donaldson, Lufkin & Jenrette Se- Co., forecasts the company's 1953 earnitgs come for the quarter shd 578. to $13.6 mij, at about $1.60 a share, down from what she cunties Q)rp. "Now we think there's only hon, or 59 cents a share, f om 131.7 milhon, a 25". chance." estimates as 13.25 a share for 1987 (Much Anal)%s say one possible alternative to or 11.44 a share. Revenue rose 14". to of the drop reflects the loss of a proot-1563.4 million from $495.7 million, boosting accounting item known as allow-Shoreham would be a ne'.e Ulco gu fueled Results for the lates: quarter include ance for funds used dunng construcuon, power plant usmg some Shoreham equip- which the utlhty can no longer acen;e row 19.2 rrdihon of exanses re:ated to the $10.6 ment. Tt.at p: ant, along with hydropower bilhon tender offer for Smger's common that Fermi 2 is operating commercia!!y.) from Quebec that New York state recently stock by a Bil2erian Pansers Ltd. subsidt- "The dividend obviously trJght be a bit - centracted for could presumably take the ary. That charge was pa Jal'y ef.' set by a tenuot,s. ' Ms. Seitz said.
;' ace of Shcreham for new electncity
$3 m1? hon extraordttiary tax credit and Mark Lufug, an analyst with Salomon
- sources.1.ajysts say. other year-end ad;tstrner.ts
- Brcthers Inc., forecasts 1956 earmngs at Mr. Parsh:ey and other analysts say For the full year. prott fe ! 6F to 126,4 Mr. Cata:3str.os's posuon has been deten. about 52 a share and said he is wort:ed ,;
milhon, or $1.01 a share, ccmpared with hoout how state regulators will treat De-ating s'. .ce Sovember, when str e utihty SSM milhon, or 13.82 a share, m 1956. troit Edison's pend;ng rate case.
<gulato s strongly hinted at a rateJreeze The Biltenan unit has extended its $50- In the running 12 months ended Sept.
unless L.co plans for a future" without a share tender offer for a 1 of Smger's 21.2 Shoretar ' hat was t!>4 tick; the carret 30. 1937 Detroit Ed: son had net income cf w as that ;' R co ab).ndoned Sh0reham, tra milhon shares nutstandtr.g unul 12:01 a.m. Wednesday, 3559.5 milhen, or $3.25 a share, on rese-riue of 32.87 bilhon. Its s!Ock closed Fnday
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] ^*M HlCKSVILLL. L_l, Jan M - Tr.e ! sta;e ad the executive director of the' b ' N W'M .p Long bland Lichting Company anJ si n Can su mer Protection Boa rd.l t'
) New York Staie, tryirm to put the st@ s ,. . . nviously we are gsing to do no M .g Y **= mate on the ahoteham nuclear poacc at msches the operation of M .*, ; JJ plant behmd them, have miensif,cd neShar.. *j u.. n today or forever. And obvi-M 7 * = , p g f *
' t d,,,, gotiations inat could close Shoreham m., .cy are locking for some kind of; T
h'. M 7g2 .. but allow Lilco to remain an independ. agn ment that leaves the compar'y : - ent. investor ow ned utihty. w hic as an mvestor.ow ned utshly."
- The alternative, pubhc o;ficials and or u we ,y,a,,anee j i
c',m financial ,,analy n.,,sts said, would hkely bc 8
' * * ' " *Wm an attempted takeover of Lilco by the Lsst December it was announced
" - * "~ 3 Long tsland Power Authority, the state that officials from the slate and Lincor l N 880WT3# agency empuwcred to try to bring pub- hac met as a group for the first time.
DM lic power to l.ong island. Bat r.cgotiations then were contmued.
- k. '
Y While the negotiations continuc, the by W.est ment bankers for both sides. [ N power authority, from all signs, is 17. the last several weeks, however,-
,;;, M 6 y ~".." preparing to vote to try to take over the Mr. Kessel and Vincent Tese, a mem '
- 2. gl utshty. The authority's board has ber of the powcr authority and chair-scheduled meetings for the next threc ma. of the State Urban Development
. ~
d-g Fridays, any of which, officials said, Corporation, havo mot with Lilco offi , m ye,ar8m we e ., could end with a vote to proceed. cers. ,
;g ;{, "We are in the homestretch," said Power authority officials, w ho asked Stephen Villano, a vice president of the not to be identified, said M r. Kessel wa s
; power authority. meet.ng several times a week with; Lilco officers, while Mr. Tese has had,
*% e See an End Coming' several phone conversations with Mr, rm w. :.m o.u.' Analysts and state officials say the Catacotnos.
37th Avenue in Jackson Heir.:s. contair_ one clear result of the negotiations be. 5 ecess is hardly assured,however. ' tation cases in the last rtine mort.as. tween Ldco and the state, combmed "Ymee has always said negotiationsi with the lakeover threat,is that efforts wert a long shot," said a spokesman to win a commercial cperating license for Mr. Tese, Harold Holier. "But he '
< = . for Shoreham will soon be abandoned thtr.as they are the surest way to msure '
1y "We see an end coming," said Paul tha: Shoreham ncycr operates on Long' I ..O.,eSty vi O,, Cs
- 11. 4 C. Parshley, a utthty analyst wah an m- Isla .d."
vestment bank, Donaldson, Lufkm & Mr. Catacosinos said negotiations . Jentette Inc. "And with respect to were proceeding "as rapidly as one
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15, where partment, Sgt. Dw.e K.Aer, said the Shoreham,I don't expect that it will cp. coad hope for, given the complexity of ; s a play. pohce had been workq or. the case cra te commercially." the tssaes that w e have to deal with." smce last year and belase: that pub. Another analyst, D.miel Scotto. a h'cy movedhetty might interfere v.t. their abdity
- Crunch Your Way Through' sociated managing director of L F. Rothsenild, brk City. to catch the anacker. Unterberg, Towbm, said, "Obviously "*here are a lot of isst es that have to ,
r the day The principal of St Joan of Arc, secur tv holders across the board are bc mo ted through," he said, adding ,
~
enough to Angela Travia, said thr after the first basically war weary and would hke to that he thought it would take 30 to 60, res," said student at tne school wu attacked last sec an en days before a settleTient could be . irked m the October, parents mere sent brochures able end..d to the situation - a profit, rear.ed "It is just a process you have n everyone alerting thern and s rner ng was held "I'm not prepared to wnte off Shore. to crunc.h your way through." . Ohparents Guidance Coumelors ham yet," he added "But it would Cn % ali strect "everybody is waiting y hgure (hil- seem that at this time, the licensmg of fur something to happen. said Mark
.ble to take The re, action of the community's Shoreham m Washington is stalled, and D Luft'E the directcr of utthty stock children is 6fficult te gauge. Mrs- so the chances of a negotiated scitic, research at Salomon Brothers. "My ,-
>out safety Travia said that in be school, some ment aie better " gucts is that they vill vork out some 1 attending inghtened students han been helped snr1 of compromisc involving not oper-n the same by guidance counselon Jennifer I. Lilco's chairman, Wilham J. Cata- atmg Shorcham for2ver or ai least put-led by their Lee, a Syeared collen stv:'ent said, counos, said that while he was heart. tingit m mothballs /'
however, that her two y t.nger sisters, ened by the intensity of the state's nc. "From talkmg vilh the company on Jome woi k- who are 7 and 10,have na shown fear, w nged their gotiatiuns. he was not prepared to end and off," he cont macd, "l*ve found that their chil, "I guess urdess someteg happens Lilco's efforts to win a commercial op- they are not wed anymore toward run. - to you, you <bn't even 1:.nk about it," eratmg hcense for the 820 megawatt ning Shoreha m." Ms Lee sani Shoreham plant. kco. Indeed, has said that it has Pus, Undercoser ard untrmed officers "The key element is this cc.mpany's pla .s for supplymg power to Long Is-i" said P.it and members of the G are.an Angels cbbg ' tion to it s customers in providing lar w.:nout the Shoreham plant - but
- of her are now patroll.ng the s:reets of aack. adequate, rehabic, af f ordable energy," noN ,1 beheves,as rehable or mexpen-1%c al. son Heights. he said "The question still remains sn e as Shoreham. * '
parents On Saturey, a mer >cr cf the An- that if Shoreham were not to operate, Ec rn. clear plant, at $$ bdhon, a the a t work and gels, who idemthed ht aelf as Swan, how could tha company supply the co.:.try's costhest power mstallation in, pn. Now, l'rp heard over h:s wa!!ne t&c that a man energy that it is obhgated to supply." te P.s cf what it costs to produce a kilo *g 35 happen to inting the suspect's cect.ption had Mr. Catacosinos said the state now w a", c clectricity. In a decision las't' . pne call" been seen m the reghb; .co. appeared to be serious about try mg to No cmter to deny Lilco's request for ty were disa. As Swan walked t s c., up 52d work with Lilco to Imd an answer to an M muhon rate mcrsase, the State
- uted before Street, he said his gre.! Cd be out Lon R !sta nd's energy needs. PL;.:e Seruce Commission ordered
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i . . . . . cerned" atmt' long term ' power 'surp!y G I . O ' r 71 analyst for Drexel H.arnham Lambert I wittumi Shorrham Mr. Erstel. meanw hile. [llCO, State 21QL/CS said > ten michi t . waturd at til to 10 a share. But he said that deprnds on an reiteratni that the state sor's reach an , -
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agreement t=4ng reached as he antici agreement that permits stwnrh.nn to ot<r-1 i ' ver ly[UnllleGCll, 1 pates. whereby talco is anowed to remver ste. Shoreham's hcrnsing has been held up for years because of state armi local gov- l p'. j 1 6 h from ratepayers over a 10 year permd a D. .d Lt *s i
. total of $3 5 tulhon of Shoreham's cost. ernment concern ufrther the area sur-r
,A4 Delicate Point S-hanag, -niw-id<i.h-e .+ r-ndmg the nuni c~u ~ sa- n rp' y
' fer lafeo any retern on its investment m ated if there was a serious acadent. -{ N f
Shoreham.
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Currently talco is aircady collecting ' about 51 tnllion of Shoreham's cost plus IV.R. GracC F,orms e a s- j
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l NEW YORK-Talks between New York
, state and leng Island Ughting Co. on the about 137. Interest, from ratepayers, said Mr. Keltenyt. Ile sahl his prehminary cal' culations itso suggest that under this scc-bOCOd [ owl bCHlMTC 3 4
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~ . future of Ulco and its Shoreham nuc! car y O M *
'pywer plant have reached a "quite dell- nano, laico might be able to pay in tW)
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I cafe point /* with both sides aware that if the arrearages on its preferred dnidends yllI I CISf0Id = , , ,. an agreement is to be reached **11 must be that stood at roughly 3265 milhon, as of ' ; l Pt the next few weeks /* a state negotiator Dec. 31. tie further said such an agree- """**'4""J"**"^**"f*8*"" aI z'i . l
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' l said ycMerday. ment could result in a one time 107 rate C } ' , '
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' g NEW YOltK-W.it. Grace & Co. said u . .
[ Ibchard Kessel. executive director of boost. cornhanal ds moa pnMucts <!nimn with gj ,,j L ,j New Yor Js State Consi.mer Protection Without disclosing details of the ta!Ls. two S&W 1:ertsford 11.C processmg rom
' ;Ikeard, also said in an interview that while Mr. Kessel sut gested that IJfro's fears of panies in a joint venture.
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'the state isn't o;) posed to a takeover of a supply shortage rould tse solved by build. Acconfmg to Grace, the senture. Gr.u'c e 3Jlco by a pubhC power authority, a **nego- ing natural gas fired tur hine units. as Con. i
~tlated settlenwnt" 'nat keeps IJiro "finan sothlated Ediwe ra. of New York dat whe-n m b %dd N hy ad ds M
'y: i r eally w hat.a. '" while the company alun it ha t sh.u tagr> In the istos. Mr. Kencl U""'""""""'*""'"'"#""""""'"'" t\]ag-]f[ Acces ; j ltt' wWs lxgot supphm of a orna ;o.4 b ~ dons Shorrharn. would be "better." suggested the gas turbines rou!d thfe IJfro clin ite malucts to tiu haking, a ontn- l)! Otigill lo,Vot! IIV l',
' 'N ilopes for an early resolution of the over until a nev transmission line is laid Dwary and dairy businnses. kU S{00,}5 IIIIll,)'Cl Il,(Ill,II' l longstandmg Shoreham issue pushed Ulco under Inng Island Soimd to bring in rela- Grace holds a 57. stake in the New
?1 stock up 62 5 cents a share yesterday to tively inexpensive hydropower from Can. York-based venture, while lendon tused
'39 625 a share, in heavy New York Stock ada and upstate New York.
A Ulco sgv>kesman saki that, even with S1W Hensford owr.s the remainder. Cho.l
- Exchange composite tradmg. Grace said its contobution to the ten- .
-' Also yesterday John Kc!!cnyi utlhty gas f utbines, the utthty would still tse "con, ture consisted of three cocoa uruts basnt in [Yll(( 17U[lle ['OT/[I)[lO the U.S.. the Ne'Ivtlands and Singapore ~
"{"" ~l'"l { p } # 8(""[ '
and valued at sto na+=. Heristonrs iwo
- FUTURES OPTIONS facihties in West Herhn and the Nether- MInagett1Pnt O I{eSe It
?:' :
- lands are valued at M numon. In adddion. } rgct congjgjons-)
e'", : ,.ne. 'r$a I $' - awee,. sm,=v n. i+se o,.,. w,,,o e,su ,S u n ane ie.us<Us. w an"s *, Herisford will maKe payments to Grace of as much as 52.9 rmthon over the next Iwo ffCUT1'd[UC['OT((b((O
,caen ue n s eoe m. ; u.us ou m.. years.
" Pedro Mata. president of Grace's cocoa SkUCN Ill!!rkCl dCCIkUPS-
.Y . E(( u.'*"U.N*sv4 en,$.~,7en Uf[" " ""r uE.Use ~** ***'**' IE.' *",,;**d
""'* products darsion, will serve as press. lent gI
.1"
.5 Ssw ", ",3 $ rI S r C5* " " We 7,""",,*,""'. of Grace Cocoa. L
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;;;; :: :;; *" Market Access I'lus
-,." ::: ':t ';;
e e *- o Steel Output Ibise Iast Week tbrunoll l,ebruar)' 10' I 4 m
- u. . o .. , u. x.n... .. . unw ,.,, , .
, =.,,=o o ,.,.e n; .se 3.,u- o% ,.,es, e o. PITTSHtrHGil-Itaw steel production n soven ans u e n sue n., u.e. e., se o,. w, ,. i,.e. eur.
Ejl e.'*"L.Y."*p,. u, .17 p. . I',, ,f,' " "*" "*"A ",",,, ' "5 '" "" "*'.' "" !l"" by the nation's nulls increased 0 4", iast
, $r I r it)Ve N! 111 PHI I187 L.e ' t u , ~; ; w-k 'a i n.=' t-= t" a' i x '.=' '.o ut
"# ll:'s ",; "2 '",: ,,
ow M Jw 0,, " T;, s e, 7.;,e, a--.. en o .a the previous wrrl. the Anws can tron ;tttd lgelj i yaili tlt'let'Itlllie-c nw m o is . e en
, st - s t ut nx,e 397. from ti., yOtt r IHVCSlit) Pill])l'OfP e ,, , , , ,"
ror . . . . ~ . e,. ..,_ a w ,o ao o ne us. ues eve.
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e,
,.ro. ,s,. .,,,e, or ,e ui . . e,, ,,,,,
l.345.000 tons produced a year earher. .,
=
[O r d et a l. lS. v. .'. I- ' .*, G.I * - O'=*a*'ad.*'8"""**""** The industry um! E6 9'*, of its cagubil-
. sov e e am me at u en ses e ; e ,, :=.
lty last week, conipated with M 6'". the A G. lif wm.f d Sons. Inc. Ebbt-e - 'N [ n.,'<u'.U*p,c m ,, $ . Y p.. Pnte I' " FeO< sb"*,'" As
,<""' F etH"",, JM, me Apr e preyyggs gegk an j 63 ]**, a year cather, I,c. Icn L1-Itache S. .
us u se s ee Ma, u<
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w
,. . so = nnn., ,s,e, . .as. e.sen n .o n -.in i se
** 94
....en e e.e e% 9 w a e o.u r , a.nc,w w .~ sw s o.w, e,s.uace
.. n r .op- a *. g g pg y, gg g l@ ((g g
___ _. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ _ _ . _ _ _ _.}}