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 February 18, 1999

Appeals Court Hears Cases vs. Sight N' Sound
The following summaries of recently filed local and 10th Circuit opinions were compiled by metro attorney John Gatliff. Oklahoma Supreme CourtFor the week ended Feb. 16 Fern Alice Towne vs. Carol Ann Hubbard, honorable judge of the District Court of...
Bill Would Open Up Judge Opportunities
OKLAHOMA CITY (JR) -- Legislation endorsed by the state House Judiciary Committee would change the way vacancies in the office of district judge and associate district judge are filled.Currently, candidates submit applications to the Judicial Nominating...
Business World
Fingerprint chipsTOKYO (AP) -- A newly developed computer chip can quickly identify fingerprints to help safeguard electronic money cards, portable phones and other electronic devices, the chip's creator said Wednesday. The new chip, developed by Japanese...
CONOCO Replaces 110% of Production
HOUSTON (JR) -- Conoco and its equity affiliates added 234 million barrels of oil equivalent to proved reserves in 1998, replacing 110 percent of the oil and natural gas produced during the year.Reserves additions were mostly driven by drilling discoveries...
Cross Timbers Posts Net Loss
FORT WORTH (JR) -- Cross Timbers Oil on Wednesday reported a net loss of $71.5 million for 1998, or $1.65 per share.Cross Timbers, which has an office in Oklahoma City, had net income of $23.9 million, or 60 cents per share, for 1997.The 1998 loss included...
Digital Imaging Sparks AFS Sales
Growing demand for digital imaging software by financial institutions has accelerated sales growth for Advanced Financial Solutions.Sales for 1998 soared to $31 million from $17 million for 1997 and AFS President Gary Nelson expects sales for 1999 to...
Dow Declines for Second Day
NEW YORK (AP) -- The Dow industrials dove into the close for the second day in a row on Wednesday, matching big losses in the broader market that resulted from aggressive sales of technology shares.The Dow Jones Industrial Average ended Wednesday down...
El Reno Attorney Elected to ABA Council
Fletcher Dal Handley Jr. has been elected to the Council of the American Bar Association's Tort and Insurance Section. Handley is a partner in the El Reno law firm of Fogg, Fogg and Handley.His practice centers on personal injury law, primarily in the...
Housing Starts Surge, but Factory Output Crawls
WASHINGTON (AP) -- The housing boom just keeps going and going and going. Defying economists' predictions, builders in January started construction on new houses and apartments at the fastest seasonally adjusted pace in 12 years.But a separate report...
Judge Gives Pilots More Time
DALLAS (AP) -- A federal judge Wednesday gave American Airlines' pilots union more time to defend itself against contempt charges that stemmed from failing to halt a sickout that at one point grounded more than half the flights of the nation's second-largest...
Learning Proper Etiquette for the Power Lunch
BOSTON -- Judith Re joined her guests at the round banquet table, delicately placed her napkin on her lap, and began telling horror stories.There was the executive who routinely took her shoes off under the table, then lost one. The man who sneezed directly...
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,...
Multiple Layoffs Hit Job Markets
PITTSBURGH (JR) -- The labor market was fed a bowl full of layoffs on Wednesday as cost-cutting companies eliminated jobs.The layoffs included a wide range of industries including food, airline, tires and financial services.Pittsburgh-based H.J. Heinz...
No Big Fare Slashes Foreseen
DALLAS -- As American Airlines restores operations to normal, the nation's second-largest airline is expected to take steps to win back the business of passengers alienated by cancellations during a pilots sickout.But experts say that because of high...
Preserving the Lee Way Legacy
Interstate highways were still mostly a dream back in 1951 when Frank Swindle started driving a five-speed gasoline-powered truck for Lee Way Motor Freight in Oklahoma City. Trucks shared two-lane highways such as U.S. Routes 66 and 77 through Oklahoma...
Regulators Approve AT&T, TCI Transaction
WASHINGTON (AP) -- AT&T's plan to take over cable giant TCI was approved by federal regulators Wednesday, clearing the way for a deal that could provide consumers a new choice for local phone service.The deal was valued at nearly $32 billion when it...
Skeeter's Preference
As I sat before my computer trying to decide between solitaire and mine sweeper, the door flew open banging against the wall and in rushed a breathless Skeeter. A gasping Skeeter explained that he had important matters to discuss and could not wait for...
Some Investors Buying Up Oil-Related Bonds
NEW YORK (Bloomberg) -- Some investors are seeking bargains among the bonds of oil and oil field service companies, which were battered as a worldwide glut drove crude oil prices to 12-year lows.Occidental Petroleum, Union Oil of California and Baker...
State Agencies May Win Right to Get Private Comp Coverage
OKLAHOMA CITY -- State agencies would be allowed to obtain private workers compensation insurance under a bill approved Wednesday by the Oklahoma House of Representatives Judiciary Committee.Rep. Chris Hastings, R-Tulsa, said House Bill 1362 could save...
The Deal Still Rules in Today's Merger Mania
It was a chilly Tuesday in January when Michael Birck, chief executive and co-founder of Tellabs, found himself stuck at O'Hare International Airport in Chicago. With snow piling up, he was hard pressed to make the 2 p.m. speech he was scheduled to give...
TWA Posts $79.1 Million Loss for Quarter
ST. LOUIS (AP) -- Trans World Airlines lost $79.1 million in the quarter ending Dec. 31, bringing losses for the year to $120.5 million.The St. Louis-based carrier hasn't had a profitable year since 1988."We are not satisfied until we are earning consistent...
U.S. Ups Emergency Reserve, Again
WASHINGTON (AP) -- For the second time in a week, the government took steps Wednesday to increase the amount of oil in its emergency reserve, hoping also to help the ailing petroleum industry reduce supplies on the market.The Energy Department announced...
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 Spudded
Received: 2/16/99The following list is compiled by county, operator, well name and location.Alfalfa County Arrowhead Energy Inc., OKC -- #1-26 Gene -- nw se sw 26-27n-9w Beaver County BRG Petroleum Corp., Tulsa -- #1 State McFarland -- c nw 5-4n- 23ecm...
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