MARCH 10, 1994
CARTEL MEETING IN MAUI, HAWAII
CARTEL MEMBERS FIX PRICES ON A GLOBAL BASIS
Segment 4 - March 10, 1994, Maui, Hawaii - Video Tape | UNKNOWN MALE: | (ui).
| | UNKNOWN MALE: | (ui).
| | WHITACRE: | Anybody got a calculator?
| | MIMOTO: | (ui) calculation.
| | WHITACRE: | This makes it, what does it calculate over 72 cents, isn't it?
| | YAMAMOTO: | It's 74 cents.
| | MIMOTO: | 74 cents?
| | YAMAMOTO: | Yeah.
| | WHITACRE: | 74 is it?
| | YAMAMOTO: | Uhm, seventy now.
| | WHITACRE: | Good. Was a week ago.
| | UNKNOWN MALE: | (ui).
| | WHITACRE: | (ui) cents with a...
| | VETTER: | Is 1.16.
| | WHITACRE: | 1.16.
| | YAMAMOTO: | 72? 74.
| | VETTER: | 72 cents?
| | YAMAMOTO: | Oh. No, no, 74.
| | VETTER: | 74?
| | WILSON: | A $1.16.
| | VETTER: | 74 cents? A $1.16, yeah?
| | MIMOTO: | Well...
| | UNKNOWN MALE: | Oh, that's okay.
| | WHITACRE: | That's right in the $1.20 is the...
| | YAMAMOTO: | Um hum...
| | WHITACRE: | uh, less than truckload price.
| | VETTER: | Uhm. Okay so (ui).
| | WHITACRE: | $1.20 a pound.
| | VETTER: | Minimum.
| | UNKNOWN MALE: | (ui)
| | YUN: | Absolute minimum.
| | MIMOTO: | Delivered truckload price.
| | YAMAMOTO: | (ui).
| | MIMOTO: | But anyway.
| | YAMAMOTO: | Yes.
| | MIMOTO: | That's it. For-for Canada, 1.45.
| | WHITACRE: | I gave you the price what it is today, this is what we ought to push for. I mean it's 3.15, 3.20 right now.
| | MIMOTO: | Uhm.
| | WHITACRE: | I think to go to 3.55 is a little heavy right now...
| | MIMOTO: | From now.
| | WHITACRE: | in my opinion.
| | MIMOTO: | From now.
| | WHITACRE: | Right. From tomorrow, from tomorrow.
| | MIMOTO: | Oh.
| | WHITACRE: | It's already nighttime in Canada.
| | YAMAMOTO: | (Laughs).
| | CHAUDRET: | Uh, not on the West Coast.
| | MIMOTO: | U.S.A.
| | YAMAMOTO: | (ui).
| | MIMOTO: | U.S.A.
| | WHITACRE: | (ui).
| | YAMAMOTO: | Yeah.
| | WHITACRE: | U.S.A.'d be the same story.
| | MIMOTO: | (Clears throat).
| | WHITACRE: | Well instead of pinpointin' a lot of examples, why don't we?... Well like I told you, we made some mistakes, too, in U.S.A. 3, uh-uh, and we took care of it. The guy that was doin' that. U.S.A., I think we ought to go back, you know our target was a $1.20. We ought to get it back on target.
| | WILSON: | How far below are ya?
| | WHITACRE: | At least 10 cents.
| | WILSON: | Then, I wouldn't go to a $1.20.
| | VETTER: | No, uh, uh, I think that's a little bit, uh, you were mentioning for Europe, I think.
| | WHITACRE: | Well this is a $1.16 right there in Canada.
| | VETTER: | Yeah. Maybe...
| | WHITACRE: | But...
| | VETTER: | we should have Canada about, uh...
| | WHITACRE: | (ui).
| | VETTER: | 1.15, 1.16. At the same price in the States and Canada. And going back to 1.20, 10 cents up.
| | WHITACRE: | Delivered price, full truckload.
| | VETTER: | 1.16.
| | WHITACRE: | 1.16, you agree?
| | WILSON: | A $1.16.
| | VETTER: | A $1.16...
| | MIMOTO: | A $1.16 (laughs) huh?
| | WHITACRE: | Full truckload, a $1.16.
| | VETTER: | $1.16.
| | WHITACRE: | Which is the correspondence, same thing in Canadian...
| | MIMOTO: | Right.
| | WHITACRE: | price.
| | VETTER: | Then we are at, then we are at equal...
| | MIMOTO: | A $1.16. (ui).
| | WHITACRE: | (ui).
| | MIMOTO: | (ui).
| | WHITACRE: | Delivered.
| | MIMOTO: | Everyone? Delivered?
| | WHITACRE: | Yeah.
| | VETTER: | Yes, delivered.
| | YAMAMOTO: | Too big number. I...
| | MIMOTO: | Full truckload?
| | VETTER: | Full truckload.
| | MIMOTO: | Absolute, absolute...
| | WHITACRE: | Effective tomorrow.
| | MIMOTO: | minimum.
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U.S. Department
of Justice
