jtatman/articles_87_07 · Datasets at Hugging Face

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CABLE TV INDUSTRIES reports earnings for Qtr to April 30
c-Net loss and after income from discontinued operations of $13,000.
BILL ON ETHICS EXCLUDES LAW CLIENTS
The bill now goes to the Governor, who is expected to sign it.
BOOKS OF THE TIMES
''Orphans'' is both a moving book and a wise one; it is a story of sadness - the kind of sadness that can kill - and of sadness overcome. And by the time you finish reading it, you understand why the picture on the cover gives as much prominence to Marie as to Eileen. In the end, the two sisters had to go their own ways; the aunt who pried them gently apart when Eileen was 12 knew what she was doing. But by then they had crossed the essential divide and saved each other from the worst wounds that being orphaned can inflict.
A DEFICIT HAUNTS ROYAL SHAKESPEARE
This year the company is playing to 91 percent of capacity in Stratford and 80 percent in London. If it had to lop off either limb of its operation, it would, in the words of the company's chairman, Sir Geoffrey Cass, be ''a great blow to British prestige.''
People
ADVERTISING
Placid Seeks to Lessen Banks' Role
Additionally, the plan called for the Internal Revenue Service to be paid over six years; the I.R.S. has filed a $550 million claim against Placid for back taxes. In the priority of debt payments, the I.R.S. is second to secured creditors, but before unsecured creditors.
ALASKA PIPELINE AT 10: OIL AND QUESTIONS FLOW
When the oil began to flow to market, money poured into the State Treasury. The state quickly became the biggest employer in Alaska.
ROLEY IS SPREADING THE CREDIT AROUND
''I will guarantee you,'' Riley said, ''we're gonna repeat.''
PICTURES SPOKE BEST IN N.B.A. FINALS
TV SPORTS
INERTIA DYNAMICS CORP reports earnings for Qtr to May 31
b-After a loss of $87,449 from discontinued operations.
MACARTHUR AWARDS OF $150,000 TO $375,000 GO TO 'OUTSTANDINGLY TALENTED' 32
Blacks and Changing American Institutions'' and chairman of sociology department at the University of Chicago. WRANGHAM, Richard Walter, 38, primate ethologist and associate professor at the University of Michigan.
US HEALTH INC reports earnings for Qtr to April 30
.16
SPINKS BATTERS COONEY FOR 5TH-ROUND KNOCKOUT
Carlos Hernandez was disqualified at 27 seconds of the seventh round of his heavyweight bout with Razor Riddick. Hernandez threw down Ruddock, and when Referee Vinnie Rainone tried to restrain him, Hernandez pushed Rainone. The referee stopped the contest.
MEDICAL NEGLIGENCE: A PROBLEM UNDER ATTACK
Although professional colleagues can usually detect signs of incompetence and negligence not apparent to the unpracticed eye, disciplinary action can confidently be brought for only the most egregious deviations from standard practice. What is needed is not a Presidential commission, nor an increase in the num-ber of lawsuits, but an injection of rationality into our legal system. JOHN A. KIRCHNER, M.D. New Haven, June 1, 1987 The writer is emeritus professor of otol
Large Families Need Health Care, Too
BITTER CHOICE: WORK OR HEALTH
Gooden Loses First
Rick Aguilera, whose right elbow problem has kept him out of action for nearly three weeks, will pitch in a simulated game no earlier than Thursday, two days later than originally planned.
Dow Gains 13.81 as It Nears 2,400
JWT Group Inc. rose 1 3/8, to 52, after receiving a sweetened $50.50-a-share takeover offer from WPP Group, the London-based marketing services concern. JWT's move to the $52 level is an indication that Wall Street believes that there still might be a higher bid.
DAY INTERNATIONAL reports earnings for Qtr to April 30
c-Net income The company said the latest second quarter results include a pre-tax charge of $8 million to establish a reserve to cover future operating losses of a unit until it is sold and to offset employee severance costs related to a restructuring.
Week's Steel Output Up
Steel production rose to 1.72 million tons last week, up nine-tenths of 1 percent from the previous week's 1.7 million tons, the American Iron and Steel Institute reported yesterday. Output amounted to 79.8 percent of capacity during the week, compared with 79.1 percent the week before. Production so far this year totals 37.9 million tons, down 7.7 percent from 41.06 million tons a year earlier.
FALWELL ASKING PTL'S DONORS TO SEND IN AN EXTRA $50 EACH
PTL officials had earlier said the Bakkers would have to be out of the house by today, but Mr. Falwell said Sunday that the couple would be a allowed reasonable time to pack and leave.
ASA LTD reports earnings for As of March 31
Net investment income for the latest period totaled $17,629,361, or $1.84 a share, compared with $16,578,189, or $1.73 a share, for the year-ago period.
TO BEAT HEAT, SEERSUCKERS AND BEACHES
Costas T. Constantine, who is in charge of hiring lifeguards for state beaches, said the state had reduced the minimum age for lifeguards from 18 to 17 to ease the shortage. But only nine 17-year-olds have been hired so far.
Words in Berlin
Aides described Mr. Wright as ''a little unhappy'' about the oratorical coincidence. But when the Democrat was questioned, he said: ''I don't believe the President copied me. I'm not going to sue him for plagiarism.'' BRIEFING
De Wit Bout Doubtful
SPORTS PEOPLE
MCCORMICK & CO reports earnings for Qtr to May 31
b-Includes a gain of $3.6 million, or 31 cents a share, from the sale of property for the quarter and 6 months.
Chase Manhattan
FINANCE/NEW ISSUES
Dollar Continues Climb As Gold Prices Retreat
CURRENCY MARKETS
FRETTER INC reports earnings for Qtr to April 30
b-Net income
On That Filibuster
The bill would provide, among other things, for public financing of Congressional campaigns. A vote to end the filibuster failed last week, and another is scheduled today. Demonstrators will rely on a number of props, including a wheelbarrow full of fake money and a large check made out to senators by ''PAC Inc.'' BRIEFING
APPEALS COURT ORDERS DEAVER TO STAND TRIAL
Colonel North, the former aide at the National Security Council, is challenging the authority of Lawrence E. Walsh, an independent counsel, to force him to give a sample of his handwriting to the grand jury investigating the Iran-Contra affair. The appeals court ruled that Judge Robinson had erred by holding Colonel North in contempt without first considering his challenge to Mr. Walsh's authority.
TRIAL CHANGES ARE SOUGHT BY REVOLUTIONARIES
The defendants are the Laamans, Mr. Levasseur and his wife, Patricia Helen Gros, 31, both of Calais, Me; Thomas Manning and his wife, Carol Ann Manning, 31, of Sanford, Me; Richard Williams, 38, of Boston, and Christopher Everett King, 36, of Cambridge, Mass.
ADVANCE CIRCUITS CORP reports earnings for Qtr to May 30
c-Net loss
Scott Cable Bid
COMPANY NEWS
FINANCE BRIEFS
* Kansas City Power and Light Co.'s first mortage and secured pollution control revenue bonds rating was raised to A-3 from Baa-1 by Moody's, which also lifted the rating on the company's general mortgage bonds and preferred stock to Baa-1 from Baa-2.
INTERNATIONAL EFFORT AIMS TO SAFEGUARD WILDLIFE TREASURES OF MADAGASCAR
''We're not interested in making zoo animals,'' Dr. Seal said. ''We're interested in preserving biological diversity.''
NOTES ON FASHION
Lynn von Furstenberg offered a succinct critique of the show. ''Hubba, hubba,'' she said.
BLOOMSDAY OBSERVANCE
Early this year, the Federal Communications Commission adopted new ''indecency'' standards. One commissioner specifically mentioned the language in ''Ulysses'' as possibly violating the rules. Last month, the Pacifica Foundation petitioned the F.C.C. for what it called ''a declaratory ruling regarding a future broadcast'' - WBAI's sixth annual Bloomsday program. On June 5, the F.C.C. declined to make an advance ruling, leaving unanswered the question of whether it would take action against tonight's broadcast.
Corrections
A map yesterday with an article about the search for treasure aboard the sunken ship Republic off the New England coast mislabeled two islands near the wreck. The names, Nantucket and Martha's Vineyard, were reversed.
Bronx Hospital Starts Building Program
Governor Cuomo inspecting ceremonial shovel before a ground-breaking ceremony at Bronx-Lebanon Hospital Center. The event kicked off a $181 million building program that includes renovation and modernization of existing buildings and construction of new ones. (NYT/Chester Higgins Jr.)
Guatemalan Volcano Erupts
The Pacaya volcano, 18 miles from here, began spewing lava and ash and caused a nearby town to be evacuated, a spokesman for the national observatory said today. The volcano, which has been sporadically active since January, erupted early Sunday. No injuries were reported but National Emergency Committee officials ordered the evacuation of the town of Caracol, which has a population of about 600.
G.&W. Unit's Offering
FINANCE/NEW ISSUES
Gold Demand Higher in 1986
''Demand for gold for investment and hoarding purposes, therefore, appears to have picked up strongly,'' it said.
A 2d Pond's Unit Is Sold in a Month
COMPANY NEWS
BENEFIT'S 4 YOUNG ORGANIZERS
''We each have our own agendas, but they seem to complement each other rather than compromise each other,'' Mr. Stern said.
TRACKING THE ELEVATION OF A FRIEND OF MEESE
''The job of Human Rights Representative demands a reasonably large set of skills,'' Mr. Novak said. ''You have to learn the language of the U.N. and master a lot of legislative history. It takes a considerable degree of organizing and politicking in order to win the votes.'' WASHINGTON TALK
New Look at Drug Fever
SCIENCE WATCH
INVESTING IN CHINA: STILL HARD
Similarly, China's tax laws constitute a formidable obstacle to any successful investment, the two lawyers said. ''Foreign investors coming to China are faced by an increasingly complex web of tax legislation, regulations and rulings that appear to lack consistency in their interpretation and implementation from one locality to another,'' they said, ''and allegedly arbitrary taxation is frequently mentioned as a deterrent to investment.'' COMPANY NEWS
MOHAWK DATA SCIENCES CORP reports earnings for Qtr to April 30
c-Net loss The company said the decline in fiscal 1987 revenue reflects its restructuring program which was completed April 30, 1986.
GOING OUT GUIDE
Summer Festival performances take place Tuesdays through Sept. 1, from noon to 2 P.M. There is no admission fee.
Chile's Right-Wing President Welcomes a Chinese Official
General Pinochet, asked a few months ago whether it made sense for a strongly anti-Communist regime to have growing links with China, said it was important that China, unlike the Soviet Union and Cuba, practiced a policy of noninterference in the domestic affairs of other nations.

CABLE TV INDUSTRIES reports earnings for Qtr to April 30

c-Net loss and after income from discontinued operations of $13,000.

BILL ON ETHICS EXCLUDES LAW CLIENTS

The bill now goes to the Governor, who is expected to sign it.

BOOKS OF THE TIMES

''Orphans'' is both a moving book and a wise one; it is a story of sadness - the kind of sadness that can kill - and of sadness overcome. And by the time you finish reading it, you understand why the picture on the cover gives as much prominence to Marie as to Eileen. In the end, the two sisters had to go their own ways; the aunt who pried them gently apart when Eileen was 12 knew what she was doing. But by then they had crossed the essential divide and saved each other from the worst wounds that being orphaned can inflict.

A DEFICIT HAUNTS ROYAL SHAKESPEARE

This year the company is playing to 91 percent of capacity in Stratford and 80 percent in London. If it had to lop off either limb of its operation, it would, in the words of the company's chairman, Sir Geoffrey Cass, be ''a great blow to British prestige.''

People

ADVERTISING

Placid Seeks to Lessen Banks' Role

Additionally, the plan called for the Internal Revenue Service to be paid over six years; the I.R.S. has filed a $550 million claim against Placid for back taxes. In the priority of debt payments, the I.R.S. is second to secured creditors, but before unsecured creditors.

ALASKA PIPELINE AT 10: OIL AND QUESTIONS FLOW

When the oil began to flow to market, money poured into the State Treasury. The state quickly became the biggest employer in Alaska.

ROLEY IS SPREADING THE CREDIT AROUND

''I will guarantee you,'' Riley said, ''we're gonna repeat.''

PICTURES SPOKE BEST IN N.B.A. FINALS

TV SPORTS

INERTIA DYNAMICS CORP reports earnings for Qtr to May 31

b-After a loss of $87,449 from discontinued operations.

MACARTHUR AWARDS OF $150,000 TO $375,000 GO TO 'OUTSTANDINGLY TALENTED' 32

Blacks and Changing American Institutions'' and chairman of sociology department at the University of Chicago. WRANGHAM, Richard Walter, 38, primate ethologist and associate professor at the University of Michigan.

US HEALTH INC reports earnings for Qtr to April 30

.16

SPINKS BATTERS COONEY FOR 5TH-ROUND KNOCKOUT

Carlos Hernandez was disqualified at 27 seconds of the seventh round of his heavyweight bout with Razor Riddick. Hernandez threw down Ruddock, and when Referee Vinnie Rainone tried to restrain him, Hernandez pushed Rainone. The referee stopped the contest.

MEDICAL NEGLIGENCE: A PROBLEM UNDER ATTACK

Although professional colleagues can usually detect signs of incompetence and negligence not apparent to the unpracticed eye, disciplinary action can confidently be brought for only the most egregious deviations from standard practice. What is needed is not a Presidential commission, nor an increase in the num-ber of lawsuits, but an injection of rationality into our legal system. JOHN A. KIRCHNER, M.D. New Haven, June 1, 1987 The writer is emeritus professor of otol

Large Families Need Health Care, Too

BITTER CHOICE: WORK OR HEALTH

Gooden Loses First

Rick Aguilera, whose right elbow problem has kept him out of action for nearly three weeks, will pitch in a simulated game no earlier than Thursday, two days later than originally planned.

Dow Gains 13.81 as It Nears 2,400

JWT Group Inc. rose 1 3/8, to 52, after receiving a sweetened $50.50-a-share takeover offer from WPP Group, the London-based marketing services concern. JWT's move to the $52 level is an indication that Wall Street believes that there still might be a higher bid.

DAY INTERNATIONAL reports earnings for Qtr to April 30

c-Net income The company said the latest second quarter results include a pre-tax charge of $8 million to establish a reserve to cover future operating losses of a unit until it is sold and to offset employee severance costs related to a restructuring.

Week's Steel Output Up

Steel production rose to 1.72 million tons last week, up nine-tenths of 1 percent from the previous week's 1.7 million tons, the American Iron and Steel Institute reported yesterday. Output amounted to 79.8 percent of capacity during the week, compared with 79.1 percent the week before. Production so far this year totals 37.9 million tons, down 7.7 percent from 41.06 million tons a year earlier.

FALWELL ASKING PTL'S DONORS TO SEND IN AN EXTRA $50 EACH

PTL officials had earlier said the Bakkers would have to be out of the house by today, but Mr. Falwell said Sunday that the couple would be a allowed reasonable time to pack and leave.

ASA LTD reports earnings for As of March 31

Net investment income for the latest period totaled $17,629,361, or $1.84 a share, compared with $16,578,189, or $1.73 a share, for the year-ago period.

TO BEAT HEAT, SEERSUCKERS AND BEACHES

Costas T. Constantine, who is in charge of hiring lifeguards for state beaches, said the state had reduced the minimum age for lifeguards from 18 to 17 to ease the shortage. But only nine 17-year-olds have been hired so far.

Words in Berlin

Aides described Mr. Wright as ''a little unhappy'' about the oratorical coincidence. But when the Democrat was questioned, he said: ''I don't believe the President copied me. I'm not going to sue him for plagiarism.'' BRIEFING

De Wit Bout Doubtful

SPORTS PEOPLE

MCCORMICK & CO reports earnings for Qtr to May 31

b-Includes a gain of $3.6 million, or 31 cents a share, from the sale of property for the quarter and 6 months.

Chase Manhattan

FINANCE/NEW ISSUES

Dollar Continues Climb As Gold Prices Retreat

CURRENCY MARKETS

FRETTER INC reports earnings for Qtr to April 30

b-Net income

On That Filibuster

The bill would provide, among other things, for public financing of Congressional campaigns. A vote to end the filibuster failed last week, and another is scheduled today. Demonstrators will rely on a number of props, including a wheelbarrow full of fake money and a large check made out to senators by ''PAC Inc.'' BRIEFING

APPEALS COURT ORDERS DEAVER TO STAND TRIAL

Colonel North, the former aide at the National Security Council, is challenging the authority of Lawrence E. Walsh, an independent counsel, to force him to give a sample of his handwriting to the grand jury investigating the Iran-Contra affair. The appeals court ruled that Judge Robinson had erred by holding Colonel North in contempt without first considering his challenge to Mr. Walsh's authority.

TRIAL CHANGES ARE SOUGHT BY REVOLUTIONARIES

The defendants are the Laamans, Mr. Levasseur and his wife, Patricia Helen Gros, 31, both of Calais, Me; Thomas Manning and his wife, Carol Ann Manning, 31, of Sanford, Me; Richard Williams, 38, of Boston, and Christopher Everett King, 36, of Cambridge, Mass.

ADVANCE CIRCUITS CORP reports earnings for Qtr to May 30

c-Net loss

Scott Cable Bid

COMPANY NEWS

FINANCE BRIEFS

* Kansas City Power and Light Co.'s first mortage and secured pollution control revenue bonds rating was raised to A-3 from Baa-1 by Moody's, which also lifted the rating on the company's general mortgage bonds and preferred stock to Baa-1 from Baa-2.

INTERNATIONAL EFFORT AIMS TO SAFEGUARD WILDLIFE TREASURES OF MADAGASCAR

''We're not interested in making zoo animals,'' Dr. Seal said. ''We're interested in preserving biological diversity.''

NOTES ON FASHION

Lynn von Furstenberg offered a succinct critique of the show. ''Hubba, hubba,'' she said.

BLOOMSDAY OBSERVANCE

Early this year, the Federal Communications Commission adopted new ''indecency'' standards. One commissioner specifically mentioned the language in ''Ulysses'' as possibly violating the rules. Last month, the Pacifica Foundation petitioned the F.C.C. for what it called ''a declaratory ruling regarding a future broadcast'' - WBAI's sixth annual Bloomsday program. On June 5, the F.C.C. declined to make an advance ruling, leaving unanswered the question of whether it would take action against tonight's broadcast.

Corrections

A map yesterday with an article about the search for treasure aboard the sunken ship Republic off the New England coast mislabeled two islands near the wreck. The names, Nantucket and Martha's Vineyard, were reversed.

Bronx Hospital Starts Building Program

Governor Cuomo inspecting ceremonial shovel before a ground-breaking ceremony at Bronx-Lebanon Hospital Center. The event kicked off a $181 million building program that includes renovation and modernization of existing buildings and construction of new ones. (NYT/Chester Higgins Jr.)

Guatemalan Volcano Erupts

The Pacaya volcano, 18 miles from here, began spewing lava and ash and caused a nearby town to be evacuated, a spokesman for the national observatory said today. The volcano, which has been sporadically active since January, erupted early Sunday. No injuries were reported but National Emergency Committee officials ordered the evacuation of the town of Caracol, which has a population of about 600.

G.&W. Unit's Offering

FINANCE/NEW ISSUES

Gold Demand Higher in 1986

''Demand for gold for investment and hoarding purposes, therefore, appears to have picked up strongly,'' it said.

A 2d Pond's Unit Is Sold in a Month

COMPANY NEWS

BENEFIT'S 4 YOUNG ORGANIZERS

''We each have our own agendas, but they seem to complement each other rather than compromise each other,'' Mr. Stern said.

TRACKING THE ELEVATION OF A FRIEND OF MEESE

''The job of Human Rights Representative demands a reasonably large set of skills,'' Mr. Novak said. ''You have to learn the language of the U.N. and master a lot of legislative history. It takes a considerable degree of organizing and politicking in order to win the votes.'' WASHINGTON TALK

New Look at Drug Fever

SCIENCE WATCH

INVESTING IN CHINA: STILL HARD

Similarly, China's tax laws constitute a formidable obstacle to any successful investment, the two lawyers said. ''Foreign investors coming to China are faced by an increasingly complex web of tax legislation, regulations and rulings that appear to lack consistency in their interpretation and implementation from one locality to another,'' they said, ''and allegedly arbitrary taxation is frequently mentioned as a deterrent to investment.'' COMPANY NEWS

MOHAWK DATA SCIENCES CORP reports earnings for Qtr to April 30

c-Net loss The company said the decline in fiscal 1987 revenue reflects its restructuring program which was completed April 30, 1986.

GOING OUT GUIDE

Summer Festival performances take place Tuesdays through Sept. 1, from noon to 2 P.M. There is no admission fee.

Chile's Right-Wing President Welcomes a Chinese Official

General Pinochet, asked a few months ago whether it made sense for a strongly anti-Communist regime to have growing links with China, said it was important that China, unlike the Soviet Union and Cuba, practiced a policy of noninterference in the domestic affairs of other nations.