You can sell the futures and buy stocks when there is a gap between the prices. The gap will soon go to 0, and then you can buy the futures and sell the stocks and keep the profits.
For the people using EFP's to earn interest income on the cash in their accounts, is this EFP income classified as a short-term capital gain instead of interest income?
The publishing date of the article is October 29, 1986, so the exchange rate seems to be about right. I don't know what it is the interest in a 21-year old news article.