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 March 24, 1999

Analysts Doubt OPEC Will Undercut Economy
NEW YORK -- From giant automakers to tiny bed-and-breakfasts, businesses of all kinds could be pinched if OPEC's plan to cut oil production sends prices sharply higher.But economists are optimistic that any future energy price increases won't be big...
Bill Reduces Bureaucratic Paperwork
A bill approved Tuesday by the Senate Finance Committee would do away with a layer of bureaucratic paperwork for most Oklahoma corporations subject to the state franchise tax.As it came over from the House, House Bill 1278, Sen. Jim Maddox, D-Lawton,...
Biomedical Research Sheds New Light on Peptic Ulcers
This is not a new story, but an old one. Yet, amazingly, many people do not know it.Peptic ulcers are caused by a bacterial infection, not by stress! (Although stress can play a role in some peptic ulcers.)For most of my medical career, it was the prevailing...
Business World
Judge Judy reignsNEW YORK (AP) -- Head to the bench, Oprah and Rosie. The new queen of daytime television takes no guff. Tart-talking Judge Judy Sheindlin has single-handedly led a revival of the court show genre and surged to the top of the daytime...
Court Extends Guidelines in Product-Liability Suits
WASHINGTON (AP) -- The Supreme Court gave American businesses more ammunition to fend off product-liability lawsuits Tuesday by extending the reach of guidelines that let trial judges exclude "junk science" as evidence.Those guidelines, fashioned in...
Current Nursing Shortage More Serious Than Those of Past
WASHINGTON -- Driven in part by an aging population and the turmoil of managed care, the nation's hospitals are experiencing a shortage of registered nurses, especially the specialized, highly trained nurses who staff operating rooms, emergency rooms,...
Economists Expect Moderate Effect on U.S. from OPEC Cut
VIENNA, Austria (AP) -- OPEC nations voted Tuesday to cut crude oil production deeply and maintain the reductions for a year, a decision that could further drive up the cost of driving, flying and shipping products in the United States.However, economists...
Foundation Gears Up for Scientific Research Lecture Series
The Oklahoma Medical Research Foundation is preparing the second in a series of free public lectures demonstrating how scientific research results in new and more effective drugs, treatments and medical procedures.Entitled "From Bench to Bedside: Biomedicine...
Hardware Chain Puts Inventory on Internet
Sutherland Lumber and Home Center now sells its wares through the online home improvement store Housemart.com.The agreement gives Housemart.com instant access to close to $50 million in building material products from Sutherland's inventory, using a...
Helping Small Manufacturers Grow
As NATO authorized air strikes Tuesday against Kosovo, two small companies in northeastern Oklahoma stepped up their production efforts.They build seemingly mundane, yet critical parts for the F-16 Fighting Falcon, a key U.S. Air Force jet that could...
In Deflating Economy, It Pays to Think Small
You've done a great job this year. Congratulations! Your raise will be 1 percent.If you are lucky. One percent, lucky? It is, if deflation sets in.Welcome to the 21st century, a new world where wages and prices go down even as the economy booms. For...
Merrill Lynch's Steamroller Rolls on, Bumps or No Bumps
Juggernaut. Steamroller. Mother Merrill. Those are the nicknames most commonly associated with Merrill Lynch, a brokerage firm that long ago decided that it wanted to be No. 1, or very close to it, in everything Wall Street does.The names were never...
More Workers Catching Office Naps
BRISTOL, Conn. -- Ssshhhhh. Mel Meyer is sleeping on the job.The salesman snoozes unashamed on his desk this wintry afternoon, even as the phones ring off the hook outside his door. Yet his boss is not aghast at Mel's siesta, not upset that Mel's hands...
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,...
New Bandage Devised to Clot Blood Promptly
WASHINGTON -- It is a common, but still horrifying image. A traffic accident, a shooting, a fall or a stabbing. And the victim lies dead in a pool of blood, life drained away by severe hemorrhaging that could not be stopped in time.As blood is the fluid...
Panel Passes Mental Health Insurance Bill
The House Insurance Committee on Tuesday approved a "mental health parity bill" aimed at providing insurance coverage for persons with biologically based mental illnesses.It was the second time this year the committee has approved such legislation.Approved...
SBC, Ameritech Merger Passes Another Step
WASHINGTON (AP) -- The Justice Department gave conditional approval Tuesday to SBC Communications' planned takeover of Ameritech in a merger that would create the nation's largest local telephone company.The merger would combine two Baby Bells into a...
Selleck's Returning
Film and television star Tom Selleck, who received a Wrangler Award at the 1998 Western Heritage Awards from the National Cowboy Hall of Fame, will return this year to be a host at the black-tie dinner on April 24. He'll not only be one of the hosts...
Some Analysts Don't Expect Rise in Rates
WASHINGTON (Bloomberg) -- Federal Reserve policy-makers aren't likely to increase U.S. interest rates when they meet Tuesday, analysts say. And with inflation at a 12-year low, they're also not expected to signal that such a change could come in the...
Some Collectors Garner Vintage Military Vehicles
PORTLAND, Ore. -- Collectors of vintage military vehicles can drive around with all the bravado of Gen. George Patton, confident that the objects of their affection were built to last.After all, going to war is the ultimate in endurance testing.The downside...
Stock Barometers Decrease
NEW YORK (Bloomberg) -- U.S. stocks tumbled Tuesday, driving the Dow Jones Industrial Average further away from the 10,000 milestone, amid concern profits and sales are falling at major corporations such as Coca-Cola and Dell Computer."There really isn't...
Ten Ways Networks Assisting in Own Demise
By dribs, by drabs, by hook and by crook, cable TV channels are luring viewers from the seemingly helpless broadcast networks.The old networks, you might say, find themselves on the bloody end of the course of natural events, their comfortable oligopoly...
To Cover or Not to Cover: That Is the Question
Recently I became aware of a local health maintenance organization (HMO) that was asked to rule on whether they should pay for breast reduction surgery for a patient. It was clearly a surgery that the patient wanted, and her physician indicated the procedure...
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,...
Wells Completed
Received: 3/22/99The following list is compiled by county, operator, well name and location.Beaver County BRG Petroleum Corp., Tulsa -- #1A-28 Cope -- e/2 w/2 nw 28-5n- 28ecm Kaiser-Francis Oil Co., Tulsa -- #1 Sharp -- sw se sw 11-6n-21ecm Nadel & Gussman,...
Wells Spudded
Received: 3/22/99Completion reports are compiled by county, operator and well information.Creek County Chambers & Hendrix Oil & Gas Inc., Skiatook/918-396-3788 -- #6 Cooper 1A -- se ne nw 19-18n-11e; TD 700'; perf. Cleveland 680-90', no test data provided...