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 May 1, 1998

Benefits for Road Warriors
Want to stand out as a generous employer in these retention- conscious days? Consider footing the bill for your traveling employees' airline club memberships, or fitness club fees on the road.It's nothing special to pay for traveling workers' long-distance...
Business World
Church in a boxFRANKLIN, Tenn. (AP) -- Pete van der Harst isn't a man of the cloth, but he knows how to pack the pews. And the vestments and Bibles, too. Van der Harst owns Portable Church Industries, a company in Troy, Mich., that caters to new churches...
Clients Fear Rising Salaries of Lawyers
Freshly minted associates at New York's prestigious law firms have hit a monetary milestone -- annual compensation exceeding $100,000 - - and that is making corporate clients nervous.In recent months, the firms, flush with work on mergers and corporate...
Earnings Limousine Hits Bump
NEW YORK -- U.S. companies' first quarter earnings rose 3 percent, the smallest quarterly increase since the end of 1991, as a rising dollar and the Asian financial crisis crimped revenue growth."Earnings got a reality check," said Jeffrey Bianchi,...
Economic Reports Spur Rally from Bonds to Stocks to Dollar
NEW YORK (Bloomberg) -- U.S. bonds Thursday staged the biggest rally in six months after reports on labor costs and economic growth showed low inflation, quelling concern that the Federal Reserve will raise bank lending rates soon.The benchmark 30-year...
Greenberg Leads Fourth Changing of Guard at McDonald's
CHICAGO (AP) -- In a changing of the guard, McDonald's on Thursday replaced its chief executive as the world's largest fast-food chain struggles to fend off domestic competition.In its announcement, the company said domestic chief Jack M. Greenberg will...
Growing with the Market
The story of Norman's DMG Real Estate Services mirrors that of the local real estate market.What began in the `80s as a management company for foreclosed properties has grown into a full-service firm overseeing apartments and condominiums, developing...
Jury Awards Widow $1.5 Million in Rural Hospital Negligence Suit
A legal battle that bounced from a district court, up to the Oklahoma Supreme Court and back down, has landed an elderly widow $1.5 million for her husband's death at a rural hospital.A Beckham county jury awarded Ethel Bookout the judgment in her negligence...
Legislators Seek Investigation of Impact of Airline Alliances
WASHINGTON (Bloomberg) -- U.S. legislators have urged federal regulators to investigate the potential competitive harm of a handful of recently announced U.S. domestic airline alliances.The formal announcement Thursday that United Airlines and Delta...
Lower Product Prices Reduce Anadarko Petroleum Results
HOUSTON (JR) -- Anadarko Petroleum on Thursday said that lower commodity prices curbed earnings for the first quarter.Net income for the quarter totaled $7 million, or 12 cents per share, down from $34.4 million, or 58 cents per share, for the first...
Mahalia Returns to OKC
Anyone who's ever heard Mahalia Jackson sing never will forget her and her magnificent voice. A musical, based on the life of this outstanding singer, will play in Oklahoma City's Civic Center Little Theatre on May 15-17. Direct from a successful national...
Massachusetts' Tighter Gun Restrictions Big Blow to Manufacturers
BOSTON -- For companies that make pistols, doing business in Massachusetts is about to become a lot tougher.The state's Attorney General Scott Harshbarger, bypassing the Massachusetts Legislature, has imposed some of the tightest restrictions ever on...
Monterrey Acquires Kingswood Square Apartments
Monterrey Associates has bought the 248-unit Kingswood Square Apartments at 4224 NW 10th St. from Kingswood Associates for $2.47 million.Constructed in 1973, the 190,444-square-foot complex is in poor condition, according to county records. Monterrey...
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,...
National Log Home Industry Growing
My yearning began on a cold, gray summer day a few years ago on our family's first trip through the Rocky Mountains. The back road we drove that day followed the winding course of the Rio Grande, through a broad canyon with walls of pine. Far below the...
New Corporations
Information includes name, service agent, address, and incorporator.Incorporated August 20, 1997.L & J Telecom Services, Inc. Richard D Wells, 603 N Bdwy, Poteau OK 74953. Jeanne Cleveland. Feet First For Kids, Inc. Timothy E McCoy, 2986 E 77th St, Tulsa...
Offices Recycle Planes, Trains and Automobiles
NEW YORK -- When Foote, Cone & Belding decided to decorate its new offices with a New York theme, the advertising firm faced a logistical hurdle: How to get a taxi into the elevator.An old yellow Checker cab was just one of the recycled props the company...
Premier Plans 2-for-1 Stock Split
WASHINGTON -- Premier Parks will ask shareholders to approve a 2- for-1 stock split at the theme park operator's next annual meeting.The company's directors already have cleared the split, according to Premier Parks' preliminary proxy filed with the...
Recommendations
A partner in a law firm was asked to write a letter of recommendation for a former associate. The partner remembered the associate as someone who would not work without being constantly pushed. Nevertheless, she did not wish to stand in the way of...
States Consider Antitrust Suit to Block Release of Windows 98
WASHINGTON -- As many as 13 states are poised to bring a broad antitrust suit against Microsoft that would include an attempt to prevent the release of the much-anticipated Windows 98."We're on the verge of court action that would block the release of...
Strong Growth, Labor Costs Hold Inflation Levels in Check
WASHINGTON (Bloomberg) -- The U.S. economy grew at the fastest pace in a year during the first quarter and a smaller-than-expected increase in labor costs helped push down inflation to levels not seen since Dwight Eisenhower was in the White House."It's...
The True Xena, Realtor Warrior Princess
NEW YORK -- In the testosterone forest of commercial New York real estate, where mostly male brokers make millions of dollars selling and leasing Manhattan skyscrapers, Mary Ann Tighe is Xena the Warrior Princess.Consider her recent "trophy deals": bringing...
Travelers Accelerate Spending in State
Domestic travelers spent more than $3.2 billion in Oklahoma in 1996, a 6.3 percent increase over the previous year, according to a report issued Thursday by the State Tourism and Recreation Department.Ranked 36th among the 50 states and the District...
U.S. Mortgage Rates Increase to Year High
McLEAN, Va. (Bloomberg) -- The benchmark U.S. mortgage rate rose this week to its highest level so far this year, Freddie Mac reported Thursday.The average rate on a 30-year fixed-rate mortgage rose to 7.22 percent in the week that ends today, from the...
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,...
Web Sites Changing the Face of Real Estate Industry
For those who still don't believe the Internet will change the way real estate transactions are done, take a look at two online services making waves in the commercial and residential sectors.Property Market's Web site, an international listing service...
Wells Completed
Received: 4/29/98Completion reports are compiled by county, operator and well information.Beaver County Stephens & Johnson Operating Co., Wichita Falls, TX/940-723-2166 - - #2 Balko South Unit, Tr 9 -- c se nw 10-1n-22ecm; TD 6100'; perf. Kansas City...