Monday, Jul. 04, 1988

Business Notes SHIPPING

What is the cheapest way to get 6,000 concrete blocks and 4,600 bags of cement to a remote Eskimo village? Answer: mail them. Sam Krogstad, a construction supplier in Anchorage, is sending the individually addressed blocks (postage: $4.33 each) and bags ($4.27) about 700 miles north to Wainwright, where they will be used to build a small harbor on the Arctic Ocean. Krogstad's bill for stamps will be about $45,000, less than what other shippers would charge.

The Postal Service is not pleased about the shipment, which will cost about $180,000 to deliver by truck and plane. But the agency can find nothing illegal about Krogstad's parcels, which weigh a few pounds less than the 70- lb. maximum for regular mail.