THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from October 29, 1999

20 Years Old and Going Strong
In the eyes of Tim Stinneford, Dickinson Theatres' decision to build a 10- screen theater in Heritage Park Mall cements the retail center's resurgence."The movie theater is going to help us tremendously in bringing in the extra traffic into the mall...
Bank of America to Open Its Facility in Quail Springs
Bank of America will open its Quail Springs Banking Center at 2102 W. Memorial Road on Monday.The lobby will be open from 9 a.m. to 5 p.m. Monday-Thursday and 9 a.m. to 6 p.m. on Friday. The drive-up will be open from 7:30 a.m. to 6 p.m. Monday-Friday...
Braddock Questions Administrative Law Judge System
There is no uniformity in how administrative law judges are hired or appointed by state agencies, nor in their required qualifications or salary, says Rep. David B. Braddock, D-Altus.Braddock told the Oklahoma House Administrative Rule Review Committee...
CBS Earnings Beat Expectations
NEW YORK (AP) -- CBS earned a better-than-expected $35 million in the third quarter on strong performance in its TV network operations and its Infinity Broadcasting radio and outdoor advertising division. CBS, which plans to merge with entertainment...
Chesapeake Income Up
OKLAHOMA CITY (JR) -- Chesapeake Energy on Thursday reported sharply improved earnings for the third quarter.Net income for the quarter totaled $18.1 million, or 14 cents per share, compared with a net loss of $4.1 million, or 8 cents per share, for...
Contractors' Complaints Lead to Highway Study
Complaints from some highway construction contractors has prompted an interim study by the Senate of the procedures followed by the Department of Transportation upon completion of highway work.In Senate Interim Study 99-45, Sen. Ben Robinson, D-Muskogee,...
Cracking the Japanese Market
FLORENCE, Ore. (AP) -- On a small farm behind unmarked gates, Roy Carver fools a rare green root into thinking this coastal town is really a mountainside in Japan. He turns a dial and whoosh! -- he has created mist, fog and rain inside 23 greenhouses...
Cross Timbers Reports Higher Earnings, Record Production
FORT WORTH (JR) -- Cross Timbers Oil on Thursday reported improved earnings and reported record natural gas production in the third quarter.Net income for the quarter totaled $13.5 million, or 28 cents per share, compared with net loss of $31 million,...
Growth Rebounds at Rate of 4.8%
WASHINGTON (AP) -- Economic growth rebounded from a sluggish spring at an annual rate of 4.8 percent in the third quarter, while a modest rise in Americans' wages and benefits eased inflation fears. The two government reports, released Thursday, paint...
Keep the Goal in Mind
What do you do with employees who are highly productive, motivated, competent, work well with one another -- but constantly break corporate rules? Ignore them? Punish them? Reward them for their creativity and productivity?That's the dilemma presented...
Kerr-McGee Profits Rise
OKLAHOMA CITY (JR) -- Higher oil and gas prices along with increased production boosted third quarter results for Kerr-McGee.Kerr-McGee said on Thursday that income for continuing operations before special items for the quarter totaled $104 million,...
McCaleb: State's Highway Construction, Maintenance Program `Underfunded'
Oklahoma's highway construction and maintenance program is drastically underfunded, Transportation Secretary Neal McCaleb said Thursday."People have the perception that we are some sort of superfunded agency," he told an audience of the seventh annual...
MCI WorldCom Earnings Almost Triple
NEW YORK (AP) -- Third quarter operating profits nearly tripled at MCI WorldCom, the telecommunications juggernaut that's acquiring Sprint in the biggest corporate takeover ever. The supplier of long-distance and Internet services said Thursday it earned...
[ Mortgages.]
A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description,...
Motel 6 Renovates Metro Area Hotels
In an attempt to remain competitive with the newer hotel properties coming online, Motel 6 has completed renovations of three metro properties and is planning a fourth.Just completed by the Accor-owned company was the most extensive makeover. Formerly...
Officials Ponder Benefits of Shipping Lane
TEXARKANA, Ark. (AP) B A 134-mile shipping lane on the Red River is years away, but local officials believe such a project could be a boon to Texarkana's economy. If developed, the shipping channel would create a navigable waterway from the Texarkana...
Oklahoma Cultural Coalition to Honor Pulitzer Prize Winner Momaday
Five governors (present and past) and their wives are serving as honorary chairmen of the third annual Gala sponsored by and benefiting the Oklahoma Cultural Coalition. The dinner, at which Pulitzer Prize winner N. Scott Momaday will be honored, will...
Phillips' Quarterly Income Soars
BARTLESVILLE (JR) -- Phillips Petroleum's third-quarter net income soared to $221 million from $46 million on improved oil and gas prices and cost controls that included 1,340 job cuts, the company said Thursday. The Bartlesville-based company reported...
Production, Prices Push Apache to Record Level
HOUSTON (JR) -- Apache Corp. on Thursday said that the combination of higher production and stronger oil and gas prices pushed third quarter net income to a record $67.8 million, or 59 cents per share.Net income for the quarter was up from $2.6 million,...
State Agency Clears Almost $1 Million for Seeding for Nine Oklahoma Firms
OKLAHOMA CITY (JR) -- Contracts totaling nearly $1 million dollars were signed Thursday by the Oklahoma Technology Commercialization Center.The contracts clear the way for nine Oklahoma advanced technology companies to use seed funding under the OCAST...
The Living-Wage Movement
MISSOULA, Mont. (AP) B John Leathers makes $6.15 an hour as a cemetery groundskeeper for the city, a job that will last only until winter comes. He moonlights as a bowling alley mechanic at $6.75 an hour. He puts in 80 hours a week and still lives paycheck...
Top Area Home Sales
1. Judith S. Raulston has bought a 4,820-square-foot house at 2521 NW Grand Blvd. for $690,000 from Frances and Ernest R. Daffer. Constructed in 1995, the house offers four bedrooms, three-and-a- half baths and a three-car garage.2. Karen H. Stevens...
Wall Street Rallies Behind Labor Cost Index
NEW YORK (AP) -- A benign report on labor costs sparked a broad- based rally on Wall Street Thursday as investors who had abandoned stocks jumped back into the market, believing once again that inflation is under control. The Dow Jones Industrial Average...
[ Warranty Deeds.]
A list of Warranty Deeds filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each warranty deed includes book and page numbers, the owner of the property granting the property to a new owner,...
Windsor Law Center Buys Office Building
Windsor Law Center has bought a 7,436-square-foot office building at 4700 NW 23rd St. for $280,000 from Dr. Glenn Ashmore. The building will be converted for use as law offices. Steve Lay of Thomas Lay Realtors handled the transaction. Betty Cummins...