First American Bancshares seeks regulatory approval for four-bank holding
A group of Kansas City area businessmen seek to form First American Bancshares Inc to own four banks including the under construction First American Bank in Lenexa. They ask the Fed to merge Kansas Bancorporation and Wyandotte Bank Corporation into the new holding company, expanding assets to about 200 million dollars.
MENTIONED IN THIS ARTICLE
Lenexa
Kansas City
First American Bancshares Inc
First American Bank
Federal Reserve Bank of Kansas City
Kansas Bancorporation Inc
Home State Bank of
Kan
Wyandotte Bank Corporation
Wyandotte Bank of
Edwardsville Bank
Edwardsville
First American
Stocks of local interest end year with mixed Wall Street gains
New York markets closed the week on a positive note as the Dow rose to 2,741.68 at midday, with 745 advances, 566 declines and 543 unchanged. Philips Morris and IBM moved modestly while Dresser Industries fell on canceled Smith International deal, and volume reached about 70 million shares. Kansas City hog and cattle quotes show steady to mixed prices amid active week for futures and futures delivery schedules.
MENTIONED IN THIS ARTICLE
New York
LF. Rothschild & Co. Inc
Ottawa
Stern Brothers & Co
Kansas City
Underwood, Neuhaus & Co. Inc
Houston
Franklin
Ernest M. Fleischer
Rothschild
Va Nyse
Hilton
IBM
JohnJns
BallyMf
Kmart
Lillys
Bordens
Va Maxus
Mesalp
Va Mobil
Dexter
Papl
Pfizer
Disney
Entergy
Royld
Exxon
Ryder
Sears
Wall Street
New York Stock Exchange
Smith International
Dresser Industries
Dresser
Philip Morris
International Business Machines
American Telephone & Telegraph
American Express
NYSE
American Stock Exchange
Kansas
Indicators point to slow economy in 1990 outlook
Washington AP reports the Commerce Department's Index of Leading Economic Indicators rose 0.1 percent in November, suggesting slower growth ahead but not a recession. Analysts expect 1990 GNP to grow around 1.2 to 2 percent, with inflation and employment data shaping policy.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Frank McCormick
Bank of America
San Francisco
Eastern Airlines to lay off 600 as salaries trimmed
Eastern Airlines announced Thursday it will lay off 600 employees, mostly managers, and cut wages by 10 percent or 20 percent for about half the workforce. The move aims to save about $100 million annually after selling Latin American routes to American Airlines for 471 million and downsizing amid bankruptcy proceedings.
MENTIONED IN THIS ARTICLE
Eastern Airlines
Thomas J. Matthews
Eastern
Miami
American Airlines
Federal Bankruptcy Court
Days Inn Lawrence Gains Our All Seasons Motel Brand
Zenith Management Co announces the All Seasons Motel at 23rd and Iowa joins the Days Inn national chain. The Days Inn Lawrence will undergo remodeling, featuring 85 upgraded rooms, new furnishings, and enhanced lobby and exterior. Hospitality execs cite a 15 percent business increase post remodel and emphasize Days Inn's nationwide reservations network.
MENTIONED IN THIS ARTICLE
All Seasons
23Rd
Iowa
Days Inn National
Zenith Management Co
Days Inn
Lawrence
America
Eva Powell
Bill DeSanto
Zenith
Nishings
DeSanto
Powell
Duluth
Minn
Junction City
Manhattan
Mi Zenith
United States
Also Mentioned on This Page
Franklin Savings
General Motors
Fairfax
Nettie H. Seabrooks
London
HBO
Broadcast Music Inc
Home Box Office Inc
BMI
Time Warner Inc
John Lennon
Paul McCartney
Farmers Co-Op
Lawrence Wheat
Midland Elevator
KC Livestock
CME
Allied Signal
Seeeeneseee
Bmac Ee
Fleming Aanwee Ee
FMC
KPL
Kmart Ese Eenesseaesens
Kroger
Quaker Ous
Sallie Mae Eee Eee
TexUtll
Toyrus Ual
Varley
Martin Crutsinger
McCormick
Fed
Bush
Agis Salpukas N.Y. Times News Service
Thews
Pan Am
U.S. Bankruptcy Court
Southern District of
Burton R. Lifland
Ported Eastern Management
Journal- World
Journal-World Office
INTERNAL_MEDICINE GROUP
P.A
Gerald B. Pees
Gregory D. Schnose
Richard F. Sosinski
M.D
Harvard
Lawrence, Kansas
Clinton Parkway
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