Sapulpa Daily Herald (Sapulpa, Okla.), Vol. 78, No. 150, Ed. 1 Sunday, March 8, 1992 Page: 8 of 20
This newspaper is part of the collection entitled: Sapulpa Herald and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
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»
_Business
Security expands drive-in facility
By the Herald Staff
Security National Bank is enlarging
and remodeling their drive-in bank
facility.
The drive-in is located across the
street from the main bank offices at
315 E. Dewey.
Workmen have been tearing out
portions of the old drive-in bank this
week and will be working about two
months to complete the project,
according to Mike Bezanson, bank
president.
The project which will modernize
the drive-in bank as well as enlarge it
is "due to customer demand and to
provide added convenience,” he said.
’The time was right to make this
change,” he said. It has been in the
planning stages for three years.
The drive-in will go to six lanes
instead of four and a new system of
Economy shows improvement
NEW YORK (AP) — Wallets
opened. Washing machines were sell-
ing. So were houses. Payrolls grew.
Could it be? Is the recovery really —
finally — under way?
A string of some of the most
convincing — and consistent —
evidence yet that the much-heralded
economic rebound has taken hold
surfaced last week.
It all started with the purchasing
managers, a league of business execu-
tives who buy the raw materials that
feed the nation’s factories. Members
reported increases in production, new
orders and new export activity during
February in what was their most
upbeat report since last fall.
Robert Bretz, chairman of the
group’s business survey committee,
went so far as to characterize the
growth in production as “vigorous.”
Govcrmcnt data seemed to back up
the notion that the economy was show-
ing tangible signs of life even earlier.
In January the government’s main
forecasting gauge jumped 0.9 percent.
Consumer spending rose 0.2
percent; construction spending rose
1.3 percent; factory orders were up 0.4
percent. New home sales soared 12.9
percent, and the supply of unsold
homes sank to the lowest level in more
than five years. It seemed the decisive
moves by the Federal Reserve to lower
interest rates late last year were having
an impact on consumers.
Initial data for February showed
that retail sales were much stronger
than expected in a typcially sparse
month for storcowncrs. And employ-
ers expanded their payrolls by a
grcatcr-than-cxpcctcd 164,000 jobs
last month, even though the employ-
ment rate rose to 7.3 percent, its high-
est level since summer 1985.
moving the paperwork is being
installed that will provide quicker
service and more security, Bezanson
said.
Two of the six lanes will be desig-
nated for commercial accounts and the
bank will add Saturday morning hours
to its operation when the facility is
completed, Bezanson said.
“It will make the operation more
efficient,” he said.
The main facility is being remod-
eled so that it has an open lobby with
entrances from Dewey and Oak.
During the construction phase, two
temporary units arc being used to keep
the drive-in open, Bezanson said.
The drive-in bank was built in 1971.
Bank improvements
Concrete workers George Morales and Corky David
smooth out a new driveway at the Security National Bank
Drive-In on Dewey Avenue. The drive in, built in 1971, is
undergoing a major renovation which will add two more
service lanes and improved information transfer capabili-
ties. Improvements arc also planned for the main bank.
(Herald photo by Jan Evans)
STOCKS OF LOCAL INTEREST
FRIDAY CLOSINGS
past due
Canadian lumber import tax
could increase building prices
Industrials
Volume
Adv/DecAJnch
New York Gold
New Yoik Silver
NASDAQ
BankOklahoma/BOKCC
l^ncaster Glais/LANC
Quaker Chemical/QCHM
TBC Coip /TBCC
Food Lion/FDLNA
Wheatley 1st Corp/WTXT
Park Communicationa/PARC
NYSE
American Tel & Tel/T
Amoco/AN
AMR Corp/AMK
Arco/RCM
Chryslcr/C
Compaq Computer/CPQ
Walt Disney Co/DIS
DuPont/DD
Ford Motor/F
Genera] Motors/GM
Int'l. Bus. Machi./IBM
1MCO Recycltng/IMRI
Int'l. Technology ATX
3221.38 -20.12
184,433.830
620/1078/524
*349.30 $349 80
$4.15*4 18
5/16 11/32
42’/- +'/.
20'/. -'/.
15’/- -%
21’/. -'/.
13'/- +'/.
15'/.
16/.
29'/.
155
44
35%
36%
86%
Kentucky Utils Co./KU 24%
McDonalds Corp/MCI)
OK Gas & FIcctnc/OGIi 38%
ON1-OK lnc.A/KE 14’/.
ORYX linergy Co/ORX 20%
Occidental Petrol. Corp./OXY 19
Phillips Pet.A* 22%
Reading & Dalcs/KB
Rockwell Int’l/ROK 26%
Scars/S 45%
Southwestern Bell/SBC 58%
Sun Inc/SUN 27%
Texaco lnc/FX 57
Tyson Foods/I YSNA 17%
WalManAVMT 52%
West Mass Hanksharcs/WMBS
Home Depot Inc. A ID 61%
Colonial Gas Co./CGi:S 27V-
Santa Fe Pacif. Pipclinc/SFI. 32%
MUTUAL FUNDS
Income Fund of America
Inc./AMFX’X 13.25
txird Abhrtt Gov’t Fund I.AGVX 2.91
Putnam High Yield/PIDGX 12.70
Washington Mutual/AWS1IX 15.61
Colonial Tax Fxempt FumJA'OI.TXl3.23
-%
40
-%
-%
-V-
+%
-%
1%
+%
+%
-%
-’/-
-%
-%
-%
7V-
-1%
+%
-%
14.06
3.06
13.33
16.56
13.89
"When my husband lost his job, we tried to live on credit cards. But, that was six months ago.
For thousands of Oklahoma families, pink slip6 have become rod ink. For many others, "charge
it” has become a way of life. For some of us, the roof over our heads has become a house o
cards. Getting help may be long pest due. But where there’s hope, there’s help. We offer both.
Confidential: Non Profit
CONSUMER CREDIT
COUNSELING SERVICE®
For Appointment Call 744-5611
Outside Metro Area 1-800-324-5611 — TDD 744-0614
WASHINGTON (AP) —The Bush
administration’s push toward taxing
imports of Canadian lumber would
increase wood and housing construc-
tion costs for Americans as much as
$1,500 per house, Canadian officials
say.
The Commerce Department,
moving to protect U.S. lumber produc-
ers, said in a preliminary ruling Friday
that a 14.5 percent import duly would
be needed to offset Canadian subsidies
on softwood lumber shipped to the
United States.
The U.S. International Trade
Commission had said in December —
also in a preliminary ruling — that
subsidized lumber from Canada was
hurting domestic manufacturers. But
the Bush administration had not previ-
ously estimated the level of the alleged
subsidy.
The Commerce Department and the
ITC now will conduct a final review
before deciding this summer whether
to levy a countervailing duty on
BOND CALLS
Creek Cnty Okla Fin Auth Single Family Mtg Rev Ser A
Several Issues DTD 3/1/80, Base Cusip 225477, Called 3/1/92, Var Prices
Cusip #225477AQ1 DTD 3/1/96, Maturity 3/196, Called 3/2/92 at 102
S Edward D. Jones & Co. 227-1292
lumber imports from all or some of
Canada’s provinces.
Canadian leaders say there is no
subsidy and have indicated they will
appeal any duty to a binational panel
under the General Agreement on
Tariffs and Trade.
Park Newspapers
34th in circulation
By the Herald Staff , - j
ITHACA, NY — Park Communi- J^|p COUIlt OOWIl
cations, Inc., ranks 34th in daily ®
circulation among U.S. newspaper
groups according to figures compiled
by the Morion Research division of
Lynch, Jones & Ryan, New York
stockbrokers.
Morton Research credits Park
Ncwsapapcrs with a circulation of
318,392 daily and 188,078 on
Sundays.
Park Newspapers is the parent
company of the Sapulpa Herald.
Infonnation Furnished by Edward D. Jones & Co., Sapulpa, OK
Jim Kirkpatrick, Mgr.
Family Medical Clinic
announces
BRANKA MILOS, M.D.
Board Certified in Pediatrics
has joined the staff of Family Practice Physicians
in Pediatrics — providing child care from birth
to 18 years of age.
For an appointment call:
224-3069 or 224-9620
1004 E. Bryan__Sapulpa, OK
HOUSTON (AP) — There were 13
fewer working oil and gas rigs in the
country this week, leaving the national
count at 660, Baker Hughes Inc. says.
The rig count had been making an
uneven recovery since striking a
record low of 653 on Jan. 31, record-
ing small gains in the two previous
weeks. A year ago, the count stood at
948.
To Prowlers,
Darkness Is .
An Invitation.
light Fights Crime
A dark house is an easy target. Installed By PTOS.
Law enforcement statistics prove A licensed electrical contractor
it And well-lit exteriors actively handles installation. Simply sign
JS your name to the Lite-Watchman
prevent crime. agreement he provides. The cost
This simple fact sparked OG&Es ^ on your electric
introduction of the Lite-Watchman installments over the next
Program. It makes buying and months
easy alKnomicTwith it, you For your free ^Watchman
can take up to 24 months to pay, --ral1 *&b
PORCH LIGHT
POST LIGHT
PLOOD LIGHT
interest-free.
^ Choose From Five
Types Of Fixtures.
chung light provides automatic dusk-to-
dawn operation. And is so energy-
BT efficient, the operating cost is
— pennies a day. The high-pressure
sodium bulbs provide a soft glow
of light, last 8-10 times longer
than a standard bulb, and provide
more light per watt.
brochure, call OG&E or any
licensed, bonded electrical con-
tractor today. And fight crime
with light.
WALL LIGHT
Lite-
Watchman
OQ*f&
KLBCTRIC MRV1CI
V
•*. •
»;i m
-#p *
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Lake, Charles S. Sapulpa Daily Herald (Sapulpa, Okla.), Vol. 78, No. 150, Ed. 1 Sunday, March 8, 1992, newspaper, March 8, 1992; Sapulpa, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1498550/m1/8/?q=j+w+gardner: accessed July 2, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.