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HomeMy WebLinkAboutRS04-Redevelopment Agency REDEVELOPMENT AGENCY -REQUEST FOR COMMISSION/COUNCIL ACTION rom: Glenda Saul, Executive Director Subject: PREVAILING WAGE RATES Dept: Redevelopment Agency Date: January 17, 1986 Synopsis of Previous Commission/Council action: 1/13/86 Public Hearing to consider a policy relative to the application of prevailing wage rates to public work projects and redevelopment. Recommended motion: (MAYOR AND COMMON COUNCIL) Continue to February 17, 1986. /~~~ ~~-I Signature Glenda Saul Contact person: Supporting data attached: YES Phone: 383-5081 All Ward: FUNDING REQUIREMENTS: Amount: $ N/A All Project: January 21, 1986 26~'1\Itt 1-21-86 No adverse I mpact on City: ''luncil Notes: Agenda Item No,~S-1 C .'Y OF SAN BERNARI1. .10 - REQUl ;T FOR COUNCIL AC'~ .ON STAFF REPORT At the Public Hearing on January 13, 1986, the Redevelopment Agency and the City Administrator were asked to solicit proposals from nationally known firms, to conduct a survey to determine the economic effect if prevailing wages were required on all Redevelopment Agency activities. Staff has contacted four of the large national certified public accounting firms which have government service components: Price Waterhouse Kenneth Levantha1 Arthur Anderson De10itte, Haskins and Sells. Only the latter indicated immediate interest and will send a representative to discuss details with us on January 22. The others stated they had no personnel, in this busy tax season, to make such a survey in less than six (6) months. Staff is in the process of following up on the three firms, which the City Administrator has determined as having done economic surveys in the past. Arthur Young and Associates, Los Angeles Ralph Anderson and Associates, Sacramento Applied Economic Systems, San Bernardino. Staff believes that proposals can be obtained and evaluated by the February 17th meeting. Attached, for information, are extracts of wage data taken from MEANS Building Construction Cost Data, 1986, and MEANS Open Shop Building Construction Cost Data, 1986. These are used by contractors to arrive at costs when preparing bids. Of possible interest, the attached article was sent to this office on January 16, 1986. Staff reiterates its opinion that requiring prevailing wage rates, where not mandated by Federal or State law, would undermine our competitive position to attract new development. 265G/MT 1-21-86 75-0264 H ou ({ L 'i W4 ~ 6' - I Ne L. '-' 0 1# ~ r- fI.-\# rr.: f;Lel'1; 11.!4/VS - BUILDIN?' CoII/S-rflvC-rtolJ r3 c)./ s ,"''''-s CoST 04,-1 -/9)" c .<I.-r~ Go IZ 'f Of'~/II )'#0 f' It 13 R I C 1<: L d::L1f~__~__ '7,J-' C41Z.('cN'C';I'2.. ( 0,30 C~M eN.' J~ I ~J5 _'1.__r..!_~ '],';'s _!. I c"'...., M 0 IV _":~_r3 o~_<.[fl_______ _____.. __c._,9~_1 I I ~--i---j'-~",-'[-.-+ , , ! ,....! _ t.3 t... .: cYf1::1. cLI3 N____________<__ u. -f--..!J,!-,- , Ii.'; L f' If_r'l..___ cE '9 U 'f'h-> N 1:__0 i"....z..A--(<>.1Z- ! I 'i_,..,'" " 11.7> r -4 I,^-,_-<c 1<- , "(L Q.J t/Aflo. '1.._ PlA5(~llc{<. '1, ).s _fLU^r~er<.._ f).., IS __R..<:>o r-n<5 r<.. IO,<{o 5H "-~( h ~"'C4 L- . LV 0 r"LIL c a. "'1,')',;' ___ S.[<'LL L ';-_Q__~.1: <3 "'_fl.,cO .tZ. I 0 ,,,.;- I /'LV Ci<- 0 rL I V J' R. 'Y',/o ..Vv..l"- l.<c 1<..5" fl. . c,qj U iJ ("IV S I;. f'.,___~J'u2.'.!"c.ta" If' ..e, ,;'0 1'-).. ~~. :ld .0 Co' "1+ I 9 . '- 0 "10, I ~r, 9.0 I ----I tJ..'1 f ., ,..-- , ~u_____ '73 l?-, '-( '" I 9. 0 ?- o. '0 7!>" I "I,)';: 103 I '1, 'i '" II j~ J. ')., .,., '77 I 7, )- 0 'i-/ ;"2.70 11- ~ ')...0,';-0 { 0 3 I Co 1": ( 0 ?- ( <)90 1'- " f1 c A- AJ' / CA:> ~ 5 "1,-~ ~ / r ..} ~ ,- ..:J. ~ -"'? (,111--7""- '" ~~ Labor rates used In thIs edItion are lilted below for January 1, 1986 The base rates are the averages of the 30 largest cities in the U S The rales have been rounded out to the nearest Set and the base rates Include fringe benefits but do not include Insurance or taJICes. The billing rate figures include taxes, insurance and the Subcontractor's Overhead and Profit. .; Base Rite Work. Averlle Subs Subs Tot.1 Rate WIth Incl. FrlnlU .rs Find Over. Subs Overhlld & ProfIt Subs 0 & P Abbr Tlld. Houfly Oaily Compo Over. hud Protot % Amount Ins hud Hourly Oally ....kNk S~llIed Worker~ Average {35 Irade~J $20 50 I $16400 93% 138% 128% 10% 459% $ 940 $29 90 $239 20 Helpers Averagp (5 trades) 1555 12440 98 130 466 7.25 2280 t8240 FOIemen AveraRe, In~lde (50it over trade) 2100 16800 93 128 459 965 3065 24520 foremen Average, Out.lde ($200 ovef trade) 2250 18000 93 128 459 10 35 3285 262 80 CI~b Common Building laborers 1590 127 20 10.1 110 449 715 2305 18440 A~be Asbestos Workers 2275 18200 7.7 160 475 10 80 3355 26840 Boil BOIlermakers 2275' 18200 6.6 160 464 10.55 3JJO 26640 Brie Brlcklayer~ 2050 164.00 76 110 424 870 2920 23360 8rhe Bricklayer Helper~ 1600 12800 7.6 11.0 424 680 22 80 18240 Carp Carpenters 20.00 16000 101 110 449 900 2900 23200 Cell Cement finIshers 1920/ 15360 59 11.0 407 780 2700 21600 Elee Electnclans 2240 17920 4.0 160 438 980 32.20 25760 (lev fleY'atof Con~huctors 2265 181.20 5.5 160 453 1025 32.90 26320 Eqhv EqUipment Operators. Crane or Shovel 21.05 16840 7.2 14.0 450 945 30.50 244.00 EQmd EQUipment Operators, MedIum EqUIpment 20.60 16480 72 14.0 45.0 925 2985 238 80 t.Qit EqUipment Operators, lIght EqUipment 1945 15560 72 140 45.0 875 2820 22560 Eqol EqUipment Operator~, Oilers 1750 14000 72 140 450 790 2540 20320 Eqmm EqUipment Operator~, Master MechaniCS 2180 174.40 7.2 140 45.0 980 3160 252 80 r,!az GlaZiers 20.15/ 16120 79 110 42.7 860 2875 23000 Lath lathers 20.10 16080 63 110 411 825 2835 226 80 Marb Marble Setters 2010 16080 7.6 11.0 424 8.50 2860 228 80 MI!l Millwrights 2075 16600 66 110 41.4 860 2935 234 80 Mslz MosaIC and Terrazzo Workers 19.90 15920 54 110 402 800 2790 22320 Pard Pamters,Ordmary 1925' 154.00 7.7 11.0 425 8.20 27.45 21960 P:,st Pamters. Structural Steel 2000 16000 270 11.0 618 1235 3235 25880 Pape Paper Hangers 1950 15600 7.7 11.0 425 830 2780 22240 Pile Pile Drivers 2010 16080 17.0 160 568 1140 31.50 25200 P:as Plasterers 1990' 15920 7.7 11.0 425 845 2835 22680 Plah Plasterer Helper~ 16.50 13200 7.7 11.0 42.5 700 2350 18800 Plum Plumber~ 22.55 18040 48 160 446 1005 32.60 260 80 Rodm Rodmen (ReinforCing) 2175 17400 168 140 546 1190 3365 269 20 Role Rooters, CompositIOn 1880 15040 182 110 530 995 2875 23000 Rots Roofer~, Tile & State 1895 15160 182 It 0 530 1005 2900 23200 Rohe Roofer Helpers (CompositIOn) 13 75 11000 182 It 0 530 730 2105 16840 Shee Stipe! Metal Workers 2270 18160 63 t60 461 10.45 33.15 26520 ~,Pfl Sprinkler Installers 23.25 t8600 55 160 453 1055 3380 27040 SIPI Steamllllers or Plpefltlers 2275 18200 4.8 t60 446 10.15 3290 26120 Stan Stone Masons 2030 16240 7.6 t 10 424 860 2890 23120 Ss....k Structural Steel Workers 2170 17360 193 140 571 1240 34.10 272 80 il:1 llle layers (Floor) 1975 15800 54 110 402 795 27.70 22160 11'11 TIlt Layer Helpers 1560 t2480 5.4 110 40.2 630 2190 17520 lrll lruc~ Dflvers, llr.hl 1635 13080 86 110 43.4 7.10 2345 18760 Irhl! lrurk DrlY'er-:l, HeilY'Y 1660 13? 80 86 110 434 720 2380 19040 S~, y; I Welder-:l, Structural Steel 21 70 17360 193 140 571 1240 3410 272 80 'i'bl ~ "'Wff'(kHl~: 1590 127 20 ?O 7 110 555 880 2470 19760 "'Nut Included In Avtlit!;es of ./ ./ ./ ./ " ./ ,/ ./ ./ INSTALLING CONT~ lCTOR'S 0'. ;RHEAD AND PROFIT r ..... ....#J1 / We',,}"'; J~t rol'~ r ""J...........t':'.,....~ ~~ 'f ..)..-,.... Below are the _... Installing Conlraclor's percenlage mark- ups applied to direct labor rates to arri"" II typical billing rates Column A:. Base rates including fringe benefits Bre described in Column A In hourly and daily terms. These figures are the sum of the base rate. employer-paid fringe benefits such 8S vacation pay, employer-paid health and welfare costs. pemllon costs, plus apprentice trainIng costs. Column B: Workers' Compensation is 8 national average of states which have established rates in each trade. Column C: Average Fixed Overhead is a total of average rates for U,S, and State Unemployment (5,5%), Social Security (FICA) (7,05%), BUilder's RISk (0.38%), and Public liability (0.82%). All the rates except Social Security vary from state to state as well as from company to company. Mass, State Unemployment Tax ranges from 1,5% to 5.7% plus a small experience rating assessment the following year on the first $7,000. Federal Unemployment Tax is 3,5% of the first $7,000 of wages. ThiS is reduced by a credit for payment to the state The minimum Federal Unemployment Tax is 0.8% after all credits. Combined rales in Mass vary from 2,3% to 6,5% of theflrsl $7,000 of wages. The combined average U.S, rate is about 5.5% of the first $7,000. Contractors with permanent workers will pay less since the theoretical annual wage for skilled worker is $10.05 x 2000 hours or about S20,1oo per year, The average combined rate for the U.S. would therefore be 5.50'% x $7,()()(P.- 20,100 : 1.92% of total wages. , ., ~-;- Columna 0 Md E: Percentages in Columns 0 and E are based on the presumption Ihat the subconlractor being used in any given project has an annual billing rate 01 bel ween $500,000 and $1,000,000. Smaller subcontractor's percentages for overhead are usually higher. The overhead percentages for a subcontractor vary greatly and depend on a number of factors: the subcontractor's annual volume; his engineering and logistical support costs, his staH requirements, and the size of the equipment he is required to use on a particular construction project. The figures for overhead and profll Will vary depending on the type of job, the job localion, and the prevailing economic conditions. These factors should be examined very carefuily for each job. For the purpose of estImating the cost of a project. it is reasonable to assume a 13.8% cost for the subcontractor's overhead, and a 10% cost for the subcontractor's profit. Column F: Column F lists the total of columns B, C, 0, and E. Column G: Column G is Column A (houriy base labor rate) multiplied by the percentage in Column F (Sub's 0 & P percentage), Column H: Column H is the total of Column A (hourly base labor rate) plus Column G (Sub's 0 & P hourly rale). Column I: Coiumn I is Column H multiplied by eight hours, A B C D E F G H I 8ase Rate Work- A~eraee Subs Subs Total Rate with Incl. Fringes ers' fixed Over- Subs Overhead & Profit Subs 0 & P Abbr. Trade Comp, Over- head Profit Hourly Oaily Ins, head % Amount Hourly Oaily Skwk Skilled Workers Average $1005 $ 80.40 93% 13.8% 228% 10% 55.9% $ 560 $15.65 $125.20 Helpers Average ($2.00 under trade) 8.05 6440 9.8 230 566 4.55 12.60 100.80 foremen Average, ($200 over trade) 12.05 96.50 93 228 55.9 675 1880 150.40 Clab laborers 6.95 55.60 101 210 54.9 380 1075 8600 Asbe Pipe or Duct Insulators 9.95 79.60 77 26.0 57.5 570 15.65 125.20 Ball BOilermakers 11.85 J 94.80 6.6 260 564 670 1855 14840 Brie Bnck or Block Masons 9.25' 7400 7.6 21.0 524 4.85 14.10 11280 Carp Carpenters 1030 8240 10.1 21.0 549 565 15.95 127.60 Cell Cement Fmlshers 965' 77.20 5.9 210 507 4.90 14,55 116.40 flee Electricians 1115 89.20 4.0 260 518 600 17.15 137.20 flev Elevator Constructors 11 30 9040 5.5 260 553 625 17.55 140.40 Eqhv Equipment Operators, Crane 1175 94.00 7.2 24.0 550 645 18.20 145.60 Eqmd EqUipment Operators 9.45 7560 72 240 550 520 14.65 11720 Eqmm Equipment Mec.hanics 1175 9400 72 240 55.0 645 18.20 14560 Glaz GlaZIers 9.75~ 78.00 7.9 21.0 52.7 5.15 14.90 119.20 lath lathers 10.30 82.40 6.3 21.0 511 5.25 1555 t24.40 Mill Mlllwnghts 10.30 8240 6.6 210 514 5.30 1560 124.80 Pard Pamters 950 ' 7600 7.7 210 52.5 500 1450 116 00 PIle PIle Drivers 10 30 8240 170 260 668 690 17.20 137.60 Plas Plasterers 9.250 74.00 7.7 210 52.5 485 1410 11280 Plum Plumbers 1275 10200 48 26.0 54.6 695 1970 15760 Rodm Rodmen (Reinforclngl 7.75 6200 168 240 646 500 12.75 102 00 Rofc Roofers 1040 8320 182 210 -630 6.55 1695 135 60 Shee Sheet Metal Worke" 9 95 7960 63 260 56.1 5.60 1555 12440 Spri Sprinkler Installers 1290 10320 5.5 260 553 715 ,005 16040 Slpl Plpef,"e" 11 85 9480 48 260 546 6.50 1835 14680 Ston Stone Masons 925 7400 76 210 524 485 410 112 80 Sswk Structural Steel Ereclors 1225 9800 193 240 671 820 2045 16360 TIll Floonne Installers 1040 8320 5.4 210 502 520 1560 12480 lrh, Truck DrIvers 810 6480 86 210 I 534 435 11245 9960 Wrck Wreckers 695 5560 207 , 210 655 455 1150 9200 , , , , I II I I! I { t t I I quire m;,~jur ('dllt-;&liuual ami lahur-hm:t.: (UlIUllillllt'llh." 'l1ll' p:uu.:1 :If.,u 1I0ll'd Ihal \\'nlllt'll t'n. Rant'l'ls art' !llll~in" 10 "clilh.Tl'nll:llln'~u- 1IIl'IIl iu lhl' \\-orL funt.... ",'illi IIIW('I ~11.tril'" ..mo hi~lllT raH'~ of .Iolt 11I111- O',l'r. Sut.:h Ul'dUm'll1 h..l:<l a "Ji"~lUlll.I~- in~ dll"Cl on Jc.'mall' slUckms in lhc ,"t.1ucallunal pip('li,u: who SL'1.' lht' lillllrc~ beneflls uf lIu.:i!" iB\'L'Slllu.."nl in science and cnginccrlug (.qllG.IliulI erooed." "',.. i >.1 " Davis..e.~con sets new foe OTA :!ioitp th.d smlll' millna-ilil" ""'Hillin- U(" In 1M.' IIl1clt'ITCPU'S('IIIt'd in s{"it.'lIn' :111(1 ('Il~illt'("rin~. In I~)X~. III.l(ls and Ili"IMllini l'iUh IlMtk "l' k~, 111:111 :\':;. HI Iht, pt..ople worlill~ ill 1110'(' lide"'. 'Ill(' 1 "II.H',I ;Illnhlllt" 11H'ir poor ,hl)win~. tn ull<:nor sl'nllubl'Y Sdll)lll pn'lMLIIUlIl and criticil.cs the N.llloual SCll'un' I"nund;ltion, which was "mandated to takc a k.ukrship roll, in this arL'a, bUI Ihus Car has nol done so:' sonally supporls Ihe aCI, he said he wonld represenl Ihe wishes of Ihe 4,000 cil y olTlCials who make up lhe league, TIn.' drive ag-3lnsl Da\'is-Bacon was laullched by Donlla Owens, mayor of Toledo, Ohio, and chaimoman of ,he finance, administration and intL'rgovern- mental relations policy commiuee. She chargt.--d lhat the law mcreascs the cost of Cederall y funded conSlruction proj- <'(IS by 25%, Her repeal measure was approved by Koppers plans'senBng spree- 10lal inveSlmenl," says Pullin, When lhe reorganization plan is CHlnplcu:d, the company eSlimates lhal CM&S will aC- coum for 53% of Koppers' lotal invesl- mt."nl, and il t'Xp~cts thai percentage to move even higher, MoS! of lhe expan- sion will be in the infrJstru(Ulrc.repJir markel. which lhe company expeCls 10 remain strong for severoal years, pullin says Koppers is already in ne- gOlialio~ls to 3cqwn.'.thrcc crusl~ed-ro~L finns With salt's towhng: almost ~:\U nul- 1iun, l1u.~y include a quarry in S~'I";U:USC:, N,Y" ow lied b) Allied-Si!;lIal, InL, Mor- ris Township, NJ . Pullill headed Koppers' Ot&5 opera- tion lor ncarly 15 YL'ars bel_xc bl'ill~ nallll.od lhairman of 1I1l" cumpany in April, 19~2, )luring Ihal lime, he in- crcast.'d lhe unal's l'~'rning:s 50.fold, making il Koppl'rs' most prolilahk, NOnl'lhelcss, hl' do..'s nul see Kuppers be(omill~ 101ally ul'ic:nled to that lilaI'. Let. For luuH.lerm gTowth, In.' foun'dc:s, "We obviuu!'tly IICl'd 10 dc..'\'elnp all addi. tionallc};", hut nol g:rcatly dilli.'n:nt frolll Ih.., hll!'tilH..'SSl'S Wt.' ha\'L' n'mOlinill~. \\'", havc smnl' thou~IIlS UIl th~lt, hUl IhL'y're iIlHH;lllln.' al Ihis poiul:' Good idea. "l\lJPI)t.'rS'!}lau to rcSlnl<'. lurl' is .. guod IlulIg:," (('dares nUIl.lld l'~,t1isUII, all OIllalvsl Wilh il\\'('SlIlll'ut linll Cy"1S J. b",.clln', Nl'w Yurk City, "Tlu:ir lIIarLl'I n:s('arfh (ll'opk tc.,lIlhl'm the t)tuluoL ((}r domt.'slil sll'd and J(JI'~. .; ...... 01'.\ prnlid' lh;11 1i.llri~1l IMlioll:llfii wall pirL Ul) su~ut.' uf Ihl' SI,KL in l'nt:l. lU'{'rul~ l"t lU',lllOIl, Tht'). 11(1\, .u,ttllull It)!. :1' IIlUdl ,t.. .(:)/:;, ul ~r,uhuh' ('II~I. m'e.'rin~ c'urolhlll'lIh, hUI .Ue.' riul'Ulg !'ttHlIl' tUwe.'lll. "SUllIl' luuln.'lilil'll ..uti. ('li('!'t ('UIIH'lIlllkll Illal'~ I .11(' l~lklll~ Jub~ al ImH'r pay ill unkr lU 1"l'IIl.IIll all llll~ (ounu,,:: sa)'s UTA. "lhus driving- d()\,n !\illarll.'S and n~du(ing op~onul1uie.:s for lJ':;, "nginccl's," · Davis-Racon ACI foes have a new ally lhis ).C'ar-lhe Nalin"al League of Cities, In a polic)' abool.laee, lhe league's full membership has vOled 10 suppon a re- JM=?! of the h:deml prc\'ailillg~w~l~c law. VOling at the grou}J's annual business meeting last month, league members \ overrode Ihe wishes of Ihe usnally-pow- \ erful resolulions commiucc, as well as Ihose of Ihe leah'llc', neW presidelll. San \ Amonio Mayor Hl'nr)' G, Cisneros, A1- .',Ihougl. Cisneros conceded thaI he per- " One of lhe biggest names in roadbuild- . lug matc:riah-KupPl'rs Co., 1m:" Pius. burgh, says il will .ell 10 businesses lhal accOUIll for 34 % of ils invesled capilal. 28% of ils s,les and a Ihird of ilS em- ployees, It imends \0 focus on il. CoII- 5U'Uclion Matl'rials and Senircs Group (CMkS) and chemical oper.llions, On Ihe block is olle of Koppers' lhree main busincss s{.gml"llls--thc fl\'c.unit t:nj:ine,'red Metal I'roduclS Group, WhlCh dc.-signs and manubclUres ma. chinC'ry. plus live c1a{'miral.rc:latcd busi. n~cs. The move will result in a on~-lime $1 00'11Iillion w,ile-oll' lhal will produce ,n eamings loss for 1985, $pending mone~. Kopp,'rs Chairman ChariI" R, I'ullin sal" lhal Ihe sale of the ass{'ts will Jlso l)roduCl' more than $160 miUioll in G1sh, !\Olll{' of whirh will be used to buy additional conslnu:tion- rdal<'d OPl'l',llions, 'l1,c company cur- rentl}' owns construction and paving.mJll'rials fOlupanic..'!'t in 17 stall'S, ulduding lhe Nello (., Teer Cu" IIIC., Du,iwn, N,C, Koppers' 01&5 husim'ss is ranked 50lh on EN It's Top ,ilK) list Wilh l!lllt ronlr,rts of S:\~U.4 million, pullin puims oul lhat Ihe dil'l'slilure prOh'l-am will .l<'rd"r.,te KOPl','rs' ill- cn'asin~ fue.:us nil C~I&S husim.'ssl's. In JUH5, "dll'S'" rc..'hioll;,1 Upl'l~tlioIlS .1(. COllBtl'd it}.. '1t')I~.~ ul' lhl' nunp~IIl)''s tnlal InH'sIIH(.'nt, ;11,,1 \\'1I1 t.,,,1'1l a pll'-lax re. lunl of approxim;lIdr ~:''1u uu .tvc:r"~c 54 J/JB;~&JJNJ4-- 1 I ; I i severallcaguc (onunauccs, hut was nar- rowly re:jlx:t\.'d b... the: n'~ululiolls (Om- nlince, hs members \'oll'd insll'ad 10 sUl'pon a higher thre.hold fur lhe appli- calion of Da\is-Bacon and some: (h3n~l'S in how prl'Vailing '\d~CS are de- finl'd, OWl:IlS lhell broug:ht lhe i.s~ue 10 Ihe 1I00r, where a repeal S(;lICOlelll ,",as adopted on a voice vOle, It appears howl'ler, thallhe lIew poli- cy ma\' take a back seal 10 olher issues lhal afl'ect urban tunding. .'il's not nee. essalily.high on our lisl of priOlilies," says a spokesman. '"Tax reform, t G",mm-Rudman alld delicil redumoll, J ' for example, "'Irk much hi!;her:' I}' I / I' . .__..""",.l"~' ..1.... ,_/.-H'Io, ,..,<~" .~, .....,c., ".- - ". : .. ..;.....'~ ':~ ,} '-i ,-"-:'~: - \\",-};~ ~ -j-ZJ4\': .-'- "-''', --- ~-~~ ,i~~,\\, ' I(~. '" .,'.. ' I ..... ,'. f-" , LJ..iLj, ?; .. ',4' .\'..~~. . ( .- Pullin wanlS 10 suenglheO consUUC1oOO ...... I . . r , i I ~ t , , ! I ings is really lerribll'. and the)' ,",'ill con- ltUlle lO lose business lO ou:rscas producers. That's "'hy lhl'v"rc gL'uin~ out of the coke LH~illC~S ",'hen' thl..'''\'c Slink a lot nf mOlll')'." Paui..un pfl'(liClS 11,,11 K(~lp"'" "will lake \il>l hj~gl"'l balh" in ("uLe aud piston riug:s, bul h{' daims ils I'lhlu.m.lll'rials busilll'!'tl\ is OIU' oC lhe b",t III lhl' ,,"r1J, '11)L' di\'c:sliull'l' i., thl' sc'cuml m.'ljOl lUll' I()I' K'.\)(lcrs in .IS Illall~' lears, 111 IHH-l. il suit its loss.ridt.ku bl~iul'l'riHg- and CIJUl\inU:liull (;IUUp to 'b~III()1U1 "'"isl'r 1':lIgilll'l'rS, IlIc. O"UlIl<l, (:..lif.- ;'1 slll,.,idi.lry uf R;lyuwml IHll'rnaliual.tl. IlIe.. Jluusl<m (ENIt !)/ Ill/XII', !lXl, · f ;