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 July 1, 1997

ADA Picks Jordan for National Account
OKLAHOMA CITY (JR) -- The American Dental Association's board of trustees recommended Monday that Jordan Associates be agency of record for a proposed national public awareness campaign.The budget is expected to be $30 million per year. Jordan, based...
Read preview Overview
Assembly Plant Strikes Cost GM $490 Million
DETROIT -- Strikes at assembly plants in Oklahoma City and near Detroit cost General Motors Corp. an estimated $490 million after taxes from lost production of 96,000 cars and trucks in the second quarter, the automaker reported Monday.The loss equals...
Read preview Overview
Blue Chip Stocks End Mixed
NEW YORK (AP) -- Stocks sputtered to a mixed finish Monday as investors winced at some hints of inflationary pressure just a day before a key Federal Reserve meeting on interest rate policy.The Dow Jones industrial average fell 14.93 to 7,672.79 after...
Read preview Overview
Building Permits
These lists of building permits issued by Oklahoma City include those issued for new residential and commercial construction, renovations, swimming pools, elevators and other projects. Permits are listed by number and include owner or contractor, address,...
Read preview Overview
Business World
They call these user friendly?NEW YORK (NYT) -- Today's personal computers have too many features and demand users learn far too much. Calling the machines "user friendly" because of their endless choice of fonts and screen patterns "is tantamount to...
Read preview Overview
Chamber Unleashes Pit Bull Donohue
WASHINGTON -- The half-dozen top lobbyists sipping cocktails in the dimly lighted library of the City Club suspended their talk of golf and dieting (without giving up red wine or red meat) to raise a glass to Thomas J. Donohue, head persuader for the...
Read preview Overview
Contractor's Final Payment Still on Hold
Officials with city-based J.L. Walker Construction Co. confronted the Oklahoma City Council last week, seeking help in securing their final payment of $2,000 on a job the firm did at the city's fire- training facility on Portland Avenue.They complained...
Read preview Overview
Crude Futures Rise to 3-Week High after Iraq Delays Sales
NEW YORK -- Crude oil rose amid speculation that Iraqi exports could be delayed until August, reducing oil supplies at a time of growing demand.The U.N. will announce in the next 10 to 14 days whether it will approve Iraq's oil pricing formula, a U.N....
Read preview Overview
Fed Leaders Ponder How Long Inflation Will Stay Tame
WASHINGTON -- Strong economic growth and low inflation. It's a combination that only Americans now nearing retirement had experienced for any length of time. Until recently, that is.In many ways it's back to the 1960s, back to an inflation rate that...
Read preview Overview
Former Disney Studio Chief Shows Importance of Video Releases
LOS ANGELES -- Just as Disney's Hercules is hitting theaters, the company's former studio chief has opened a small window into the real power of animation.Without animated hits like Fantasia and Beauty and the Beast, the Walt Disney Co. would have lost...
Read preview Overview
Higher 2nd Quarter Earnings Expected for Life, Property and Casualty Insurers
U.S. life insurers are expected to report higher second-quarter earnings because of stronger annuity sales, and analysts said a milder spring probably stoked profits at property and casualty insurance companies.Earnings for most life insurers rose about...
Read preview Overview
Increased Lending, Lower Expenses Help Boost Bank Earnings
U.S. banks' earnings increased by as much as 16 percent in the second quarter on a rise in lending, lower spending and an improving credit card business.Banks are expected to report loans for cars, houses and other special areas increased 8 percent to...
Read preview Overview
Investors Anxious over Conflicting Data
WASHINGTON -- Federal Reserve officials were confronted with conflicting economic data Monday as they prepared to decide whether higher interest rates are needed to control inflation. Despite the mixed signals, analysts said the latest reports did not...
Read preview Overview
Juvenile Crime Up in Rural Communities
TULSA (AP) -- Some of Oklahoma's small towns may no longer claim to be havens from urban crime.New statistics show an increase in criminal activity, particularly in rural communities and mainly among juveniles."I hate to put everything on the kids, but...
Read preview Overview
Keating Signs Bill Creating State Trauma System without Funding
TULSA (AP) -- A bill to create a statewide trauma system passed through the Oklahoma Legislature without the $748,000 appropriation needed to get under way.Lawmakers will have to wait until next year to consider the issue even though Gov. Frank Keating...
Read preview Overview
Microsoft Wants Information to Travel Down Real Highway
DETROIT -- Eager to take advantage of the hour a day the average American spends in a car, Microsoft Corp. is developing programs for dashboard-mounted computers that would allow drivers to check electronic mail, trade stocks and even surf the Internet...
Read preview Overview
Mortgages
The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description, and (when available) the property's street address. Listings of mortgagor and mortgagee...
Read preview Overview
NationsBank to Purchase Securities Firm
NEW YORK (AP) -- NationsBank Corp. Monday confirmed it has agreed to buy Montgomery Securities for $1.2 billion in the latest example of the convergence of the banking and securities businesses.The deal, which had been rumored since last week, represents...
Read preview Overview
New Corporations
Information includes name, service agent, address, and incorporator.Incorporated December 9, 1996.Morning Star Mental Health Services Inc John Majors, 707 E 7th St, Weleetka OK 74880. B Gordon Allen. Lawn Argonomist Inc Michael H Haelsloop, 9138 S 85th...
Read preview Overview
New Locations
Received:06-12-97ALFALFA COUNTYChamplin Exploration, Inc., #1 Gray (Water Supply), s/2 ne nw 20- 28n-9w, 1780'fsl & 1980'fwl, TD 5005'...Reenter 3994'L/Tonkawa, On Permit BLAINE COUNTY National Energy Group, Inc., #8-1 Mickie, nw ne sw 8-18n-13w, 2293'fsl...
Read preview Overview
Pennsylvania Man Pumps Same Oil Wells for 73 Years
TITUSVILLE, Pa. -- Berle Rigby was born next to his grandfather's oil wells and pumped them for most of his life. Now, three of the wells are a century old, and Rigby is still pumping, the same way his grandfather did.He has stayed for 73 years with...
Read preview Overview
QuickQuote Offers Consumers On-Line Insurance Information
People now have the ability to purchase an increasing amount of products and services over the Internet.Among those is insurance.The QuickQuote Network uses Internet technology to provide independent insurance agents and brokers in the United States...
Read preview Overview
Rancher Finds Efficiencies in Yak Business, May Give Up Cattle
FORT RICE, N.D. -- Dale Rebenitsch is too embarrassed to say how many of his cattle were killed during recent blizzards. But he's delighted to yak about his yaks -- and may even give up his cattle for them."The nastier the storm, the less the yaks eat,"...
Read preview Overview
Scratching out a Niche
In its first 47 years, Brown's Bakery became a downtown institution. While competing with giant grocery chains killed off most other small bakeries, William Brown attracted a growing stream of customers by making cakes and other baked goods from scratch.But...
Read preview Overview
Securities Firm Pays State $800,000 Settlement
A New York securities firm has paid the State of Oklahoma $800,000 as part of a settlement to a lawsuit accusing three brokerages of overcharging the state, officials announced Monday.New York-based Mabon Securities Corp. is one of three sued by the...
Read preview Overview
Selling Olds
People looking to buy a new car should never worry about price. That's the least-expensive part of the transaction."Whatever you decided to buy, the price tag is going to look like the national debt, so find the car you like, equipped the way you want...
Read preview Overview
Sniffing out the Drug Trail
An Oklahoma City investigation firm is breaking ground in the fight against drugs.Believed to be the first private agency employing fully trained and certified drug-sniffing dogs, Investigation Inc. conducts confidential investigations before police...
Read preview Overview
S&P Upgrades Fleming's Stock Rating to Stable
Standard & Poor's upgraded Fleming Cos. Inc.'s outlook from negative to stable on Monday.The rating also affirmed the wholesale food distributor's double "B" corporate credit rating. Additionally, Standard & Poor's has raised its rating on the company's...
Read preview Overview
State Starts Down New Road
To paraphrase an old song, it could be the start of something big in state government when the new fiscal year begins today.From a purely statistical viewpoint, July 1 will usher in a busy time at the Oklahoma Department of Transportation as the agency...
Read preview Overview
Supreme Court Ends Term with Big Business Decisions
WASHINGTON -- The business world celebrated historic victories and suffered stinging defeats during the Supreme Court term that ended Friday.In some of the biggest decisions -- announced during the term's final week -- the high court stood up for free...
Read preview Overview
Television Proves to Be Quite Bad for Business
LOS ANGELES -- The man in the gray flannel suit should be wearing prison stripes. The American businessman will steal your money, your company, your spouse. When he makes a killing, the bodies are real.If you're sputtering that Uncle Bix is truly a swell...
Read preview Overview
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,...
Read preview Overview
With SBC Talks over, What Will AT&T Do?
For AT&T, the big question is: Now what?On Friday, the nation's largest telephone company suspended negotiations to merge with SBC Communications -- talks that AT&T never formally acknowledged, though they consumed the company's top executives and drew...
Read preview Overview