Oklahoma City Times (Oklahoma City, Okla.), Vol. 93, No. 307, Ed. 2 Monday, February 14, 1983 Page: 7 of 17
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from Hughes Communications, a
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Ford outlines
Downtown workers
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“In today's world of i-
formation overload,
there is stiff competition
for your message to be
heard. Humor gives you
an edge,” said Malcolm
Kushner, one of the
three funny people at
Golden Gate Writers, a
company specializing in
one-liners.
The lawyer-turned-gag
writer says "the audi-
ence is usually so re-
lieved and happy to hear
a joke, it doesn't take
much to make them
laugh.”
Kushner says a good
joke can blunt hostile
barbs from shareholders
or pointed questions
from reporters — and i
actually help business. i
$
Weekdly
245g
240
satellite channels give MCI beaming prospects
Near-term lifting of foreign ex-
The shares of Lacana Minlag, trad-
Wall Street
1 .
computer systems. Accordingly, these
shares look like a viable play anytime
you can catch them below $30. Earn-
ings look like $2 75 a share this year
and could reach $5 in 1984.
1,
• v
whose newsletter is sent
to about 5,000 sub-
scribers, most of them
corporations. “If you can
joke in a crisis situation,
it implies that you’re in
control of the situation."
- Bond Buyer Index
* Mm at 20 municipal bonds, 20 year
■ mehanritles, various ratings
11%germaaaaaazauaz
ing on the Toronto Exchange under
the symbol LCNAP as well as OTC,
have advanced from $3 to the $8-9 lev-
el where they are trading at 50 times
earnings.
The financial crisis in Mexico has
blocked the payment of dividends, of
which a further $1 million was sched-
uled during 1982. Impact is serious
because mining operations there are
currently 22 percent of revenues and
30 percent of net assets.
change controls is unlikely, although
export of precious metals is again
permitted. Meanwhile, peso earnings
will be much larger and will facilitate
purchase of bargain-priced assets in
conjunction with existing local part-
ners.
All units are debt-free and Lacana s
own finances are excellent. It has 65
percent of a joint venture with two
life insurance companies that have
acquired 10 percent of Husky Oil's
conventional production in Western
Canada.
Gold activities include 26 percent
of the highly successful Pinson mine
and another surface deposit in Neva-
da whose start-up decision is believed
to be imminent.
Pinson is among the lowest-cost
Commodity futures Index
. Index of weekdv closina Drices of
Ae27 key commodities; 1978-100
repair plan
DETROIT (AP) — Ford Motor Co. plans to guaran-
- tee repairs on certain cars and trucks for as long as
. customers own the vehicles, a company spokesman
' says.
: “The dealer and Ford guarantee service repairs,"
; under the proposed program, Michael Davis, public
. affairs manager of the Ford parts and service divi-
: Catching Up_______
‘a
By Johannes Steel
Ma Communicatiens (NYSE-MI
CIC) shares are trading strongly at
the $39-40 level because MCI added
128,000 new customers in the Decem-
3 Airline moving to Houston
S ■ HOUSTON (AP) - Continental Airlines Corp. is
I 5 planning to move its corporate headquarters and ex-
- ecutive offices from Los Angeles to Houston by July
• 1.
ber quarter, a substantial improve-
ment over the previous two quarters,
in each of which customer growth was
well over 100,000.
MCI's provision for taxes could in-
crease from the current level of 28
percent to 33 percent to 35 percent
due to several factors including high-
er profit margins, higher state and lo-
cal taxes, the depletion of investment
tax credit carry-forward, and the
FASB’s proposed treatment of invest-
ment tax credits under the new tax
law.
The latest development is that MCI
; has acquired 24 satellite channels
Money supply (M1)
j
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1
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4
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Money
Servicee
adl
highly prized attribute
in leaders," said Orben,
-w-,
P."amss E"
E ww"" A
ee"
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Hughes Aircraft subsidiary, This will
enhance and ensure capacity for
MCI's long distance telephone net-
work. MCI has now fully emerged as
the largest long-distance telephone
competitor of AT&T. Each of the 24
satellites acquired can be subdivided
into more than 2,000 telephone units.
Shares of Amdahl Carp. (ASE-
AMH), having advanced from $17, are
meeting resistance at $33. They prob-
ably will settle back into the upper
20s before making a new base. The
company is expected to regain mo-
mentum in the long-delayed ship-
ments of its new generation of com-
puters.
There is bound to be greater recog-
nition of Amdahl as the technological
leader in large-scale commercial
.E
18 17 bt 21 M4 21 M 4 11 16K> 4
24 new
r its dealers to commit themselves before advertising
• the offer, Davis said.
• The buyer of any new car would be obligated to
: have repairs done by the dealer who sold it, and any
: subsequent repairs for the same complaint would be
3 free, he said.
• The warranty would not include standard mainte-
3 nance such as oil and filter changes, but applies to
Hmajor mechanical items such as the engine or trans-
» mission, Davis said.
3: "Basically, it's to encourage owners of Ford prod-
ucts to continue to get their cars serviced at the
dealership," Davis said. w - —-d
t Ford currently offers a plan in which it pays ser-
Evice and maintenance costs, including oil and fillet
j changes, on selected cars for two to three years or
3724,000 to 36,000 miles.
am
sional buyer of stock. shares are a core holding of many in-
Air Produets A Chemicals (NYSE- stitutions who own over 50 percent of
APD) will earn about $3.90 per share the 155 million shares outstanding,
{orthe fiscal year ending Sept. 30, The stock is currently widely rec-
1983, which is about 10 percent less ommended by the major Wall Street
than had been expected by the Street retail houses who see it trading in the
consensus. Up from the low $20's the mid 50s next year.
stock is now consolidating at the $39- The shares of Norfolk a Southern
41 level. Earnings for fiscal 1984 look (NSC). merged with Southern Railway
like $5 a share. last June, will probably earn $6 60 a
Trading volume in the shares of share this year. The stock has a
American Home Produets (AHP) has strong base at $52-53 where it yields
been climbing since last August. 5.2 percent. In 1984 earnings could
Technically the stock now has a two- reach $8 a share if the economy con-
year consolidation phase behind it. tinues its slow recovery.
Jokes aid
medicine
go down
SAN FRANCISCO
(AP) — Because lunch-
eon speeches sometimes
seem like an invitation
to snooze, corporations
are turning to profes-
sional joke writers to
give their speakers a lit-
tle more punch — and a
few more punch lines.
Business leaders have
found a good reason to
keep their eyes n the
laughter curve: Comedy
can be cost-effective. In
other words, yuks mean
s r
{i
a
' 5 The company. formed Oct. 31 after Texas Air Corp,
acquired Continental Airlines and merged it with
Texas International Airlines, will retain a base of
5 operations in Los Angeles, said Continental Presi-
3 lent Stephen M. Wolf
230V EEIEE
225W4441 KI
14 21 204 1118
Jen . tab
I
■ternational financial panic.
5 Finance ministers from around the world agreed
o the increase, which was a compromise between
gthe United States and other major industrial powers.
; The 47.5 pe cent increase would raise the IMF's
lending pool from a current pool of about $66.5 bil-
Jion to $98 billion by the end of 1983, providing the
"increases are approved by the national legislature
of each member country.
Broker reports acquisition try
sales."
Other companies that p -
ESS* lor unwanted guests
lips Petroleum and Vi- * .
acorn Cablevision Question: Our insur __ __The three Marion Anderson
“Humor, if used cor- ance agent says that if
rectly and tastefully, someone trespasses on
can be a real plus," said our property and is hurt---comXAgeJ 1880 ror eacn. How From survey findings
Dan Droege, corporate he can sue for damages. V do I convert them to in the three cities and
communications man- even if we've posted "No cash? response to programs of-
ager for Phillips Petro- Trespassing" signs. Is he business would be suit- fered a report will be
leum Co. of Bartlesville, right? able for franchising, but Answer: You'll have to compiled. A decision to
OK. He suggests "more Answer Yes if some- we don't know how to get take them to a coin deal- ask for more funding
than a few funnies up one is injured on your started. Are there fran- er; the government will follow and the offer-
front. " property, he has the chise consultants who doesn't buy them back, ing of a similiar survey
Droege said execu- right to sue regardless can help us? In fact, it has a surplus, program to other cities.
tives use humor because of the steps you've taken Like the three other , .
they want “people to un- to keep people away. Answer, yes LutL, medals issued so far in belore emP-oye6S
derstandthattheyehu State laws vary, carefu" in chOsing onhe. the, American lArts wermunuryeyadrswere
man, too, not just corpo- general you are liable ACcording t0 the inter- medallion series, the An- “ A. (E.
rate robots in pinstripe for injuries caused by natiorangrtncthsents. derson medal has sold app;roacthedain March
satetythazards,yquotan ditloin washingin, poorly: “Xs» wt
tocorrectnabr oken DC'' some people with thegeing Prigeforg on needs were Of the com-
stair or a dangling tree little experience have 2504.50 a troy ounce on munity and the organ-
limb, for example. Nor- set themselves up as Friday, for any of these =n they represented,
mally. damages award- franchise consultants medallions, which bear m 5 1
ed as a result of such a and promise much more the likenesses of noted From this response,
suit would be covered by than they can deliver Americans. Thus the Planned Parenthood was
your home owners insur- Your best bet is a lawyer half-ounce Marlon An- able to list needs on the
ance. You are also liable who is familiar with Person medal will fetch employee survey and
- but not insured - for drawing up franchise aboye $221. Two_ large have the worker check
injuries caused by ex- contracts and with Fed-
treme measures you eral Trade Commission
take to keep strangers rules on franchising. For
Ot your property' So it S a recommendation, try a
not advisable to put up franchise operator in
an electric fence or bury your area or the locar
land mines in your lawn, her association.
V
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a 2•
dmn Kb
• Learning to be your non-traditional setting,
own person setting per- said Diane Krous, anoth-
sonal goals. er site coordinator.
• Keeping love in The downtown work-
marriage. ing situation is a little
• Raising children. more inflexible —
• Marriage. hours,” said Krous.
• Balancing work and This inflexibilty can
families. play havoc with one of
Of topics for sexuality the groups the survey in-
i : CHICAGO (AP) - Officials of Rose A Co. of Chica-
' ‘go, the nation's fourth largest discount broker, say
2 Manhattan Corp. is negotiating to acquire it.
* Rose President John L. Rose said "discussions are
5. under way that might lead to the acquisition of Rose
* by Chase.” Chase Manhattan Corp. is a New York-
? based holding company for Chase Manhattan Bank,
: third largest in the United States.
• UAW talks involve steel firm
2 DEARBORN, Mich. (AP) - The United Auto
2 Workers union has begun contract talks which could Phillips subscribes to
2 play a significant role in whether a Japanese consor- Bob Orben’s newsletter,
• tium buys most of Ford Motor Co. s Rouge Steel sub “Current Comedy.” Or-
• sidiary. . ben, who lives in Arling-
‘ The consortium wants a new labor contract with ton, ya is a former
• 4,000 U5. workers which would make the money los- eomedy writer for Red
. ing steelmaker "cost competitive with other U.S. Skeitor Dick Gregory
2 producers,” said Donald Ephlin, UAW vice president nd others. He also
; in charge of the union's Ford department, wrote speeches for for-
2 mer President Gerald
Ford.
“A sense of humor is a
J ■ • 2 • ’.
MN.H !:6Ne ..12
„mergency loan pool boosted
1 ] 2 WASHINGTON (AP) - The International Mone
j ‛tary Fund has been given authority to boost by 47.5
; percent its emergency lending fund to help debtor
nations stave off default and avoid triggering an in-
1083
1 7 14 21 a 4 11
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-
By Tim Chavez
A study performed by
the Planned Parenthood
Federation of America
on employees in three
downtown Oklahoma
City firms found the
greatest percentage
were concerned about
learning to better them-
selves and understand- programs, priorities of itially focused on — the
ing life changes. employees were: “pink collar worker,"
.. . • • Life changes — the single woman rais-
Called the Working male female. ing a family, Krous said.
Together project, he • Mental health.
study was aimed at the • impotence infertil- Thirty-seven people
downtown business com- , impolencermeti answering the survey
aowniown ousiness torn , and sexual response, singj. and raisin?
munity. Its purpose was } were single ana raising
to find and offer educa- ..peonie in generai are a family. Beginning in
tional programs needed neoPl 1 R November, Planned Par-
uonai program- nituiu very concerned about , 'eromnd Ami
ernhngcommmynitkeana mat) o ih rop famly
sexually aidldarbara cucaninonpana'ocae
The project is fi- Chappell, site coordina- workers,
nanced by the Andrew lor for the Mellon proj- session was
« Mellon Foundation. ± prenentedinanuaryt
Planned Parenthood, out The reason the down- OG&E workers on Lave
of its New York City of- town area was chosen in Marriage. The most
fice, targeted the proj- for the survey was to successful seminars are
ect for three cities aim the survey at dis- offered over the lunch
across the country. cussing family life in a hour. Krous said.
For a small city, Yaki-
_________ ma. Wash., was chosen. A ■
Ms . । e • • - . ia • j - 2ze , For a mid-sized city, Ok- fl ninfKT cc Ac fov
Atari game transformed anomaMYwauzcelsas J 1 1 v -m-5 -ad
Atari Inc. has unveiled a low-cost computer keybeard which tuns its 2611 ’ he urban area choice. | •
video game player into a bone computer. The unit has 8k bytes of memory and After funding is ex- QXD6E6) 4) 0AI
will retail far less thaa $11, Atari officials said. hausted in May, a film M- --- - g---
“Norman Cousins says will be made of program
SHS Home owners liable ESS panel s approval
of such efforts.
A bill giving county voters the right to impose a
Several firms were sales tax on themselves is expected to have clear
contacted in the down- sailing through a Senate committee Tuesday, law-
town area, with OG&E, makers say.
the C.R. Anthony Co. and The bill would allow counties to levy a sales tax of
Liberty National Bank up to 2 percent if voters approve it in an election
gold medallions from electing to participate Proceeds from the tax would be used for operation
the U.S. Mint in August in the study, and maintenance of county government, as well as
1980 for $323 each. How From survey findings for construction.
The measure, by Rep. Charles Peterson, D-Checo-
tah, and Sen. Robert Miller, D-Beggs, is scheduled to
come before the Senate Finance Committee on Tues-
day.
Last week the House of Representatives approved
it 81-18.
Also last week, Senate President Pro Tempore
Marvin York said the county sales tax bill probably
would have a good chance of passing the Senate.
Another senator said privately that it probably
would sail through the Senate because it is permis-
sive legislation, making imposition of the tax a local
option
Counties depend on the ad valorem tax on proper-
ty for most of their financing, but Peterson said oth-
er sources of revenue are needed.
“The ad valorem taxpayer is going to quit one of
these days," Peterson said.
Cities were given the right to levy local sales tax-
es in 1965, but previous attempts by Peterson and
others to extend that right to county government
have been unsuccessful.
'Tve had some counties that say they can pass it,"
dealers, Manfra Tordel- their preference Peterson said.
la & Brookes (59 W 49th ' Opponents of the bill have suggested county voters
St New York NY Of 2,000 total workers, probably would be reluctant to impose an additional
10020) and Deak-Perera at_the three locations, tax on themselves
(630 Fifth Ave., New 375 answered the sur- Three cities - Pond Creek, Tuttle and Alva -
York NY 10111), will vey. Eight more men have 4-cent local sales taxes, another 117 cities and
buy medallions by mall, participated than wom- towns have a 3 percent local sales tax, and 263 cities
Manfra Tordella & en. are assessing a 2 percent local sales tax, the Oklaho-
— „ . Brookes charges a flat Of topics for family ma Tax commission said.
Question: My wife and $8 per medal; Deak-Per- life programs that would A 1 percent local sales tax is levied in 46 cities
I make and sell ice • era's fee is 4 percent. be most interesting, list- and towns,
cream. We believe our Question: I bought monegsrniomnmie. ed most were:
------------------------------------------------
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23
1 sion said. “The customer pays for the repairs and,as
3 ; long as he or she has the vehicle, never has to pay
I > again for the same repair.”
- The automaker has enlisted 30 percent of its deal-
• ers for the lifetime guarantee, but wants the rest of
8601 ______
t 1017.24/31
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Standard, Jim. Oklahoma City Times (Oklahoma City, Okla.), Vol. 93, No. 307, Ed. 2 Monday, February 14, 1983, newspaper, February 14, 1983; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1848813/m1/7/?q=%22clark+rogers%22: accessed June 20, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.