National Waterways Conference Cosponsoring Seminar On Transportation Futures Markets

A seminar which will examine the market in contracts for future bulk transportation will be held at the Westin Crown Center Hotel in Kansas City, Mo., on April 25-27.

The seminar, "Transportation Futures Markets— An Option for Tomorrow?" will be cosponsored by Iowa State University's Extension Service of Ames, Iowa, and the National Waterways Conference, Inc., Washington, D.C. It will deal primarily with barge, rail and truck futures as a tool for hedging transportation rate and capacity risks.

Dr. C. Phillip Baumol of Iowa State University's Department of Economics, will deliver the keynote address and R. Richard Carter, vice president-agricultural products marketing, Burlington Northern Railroad, will be the luncheon speaker.

Another speaker will be Morris L. Larson, executive vice president of the Merchants Exchange of St. Louis, which conducts a daily "call session" for grain barge freight, including the spot market as well as forward placements.

In all, some 20 speakers and panelists including shippers, carriers, economists and consultants will participate in the seminar.

For more information on the seminar, contact: Seminar Coordinator, National Waterways Conference, Inc., 1130 17th Street, N.W., Washing ton, D.C. 20036; or telephone: (202) 296-4415.

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