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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jan 16, 1990

Page

4

Merger reporting blocked by Ernst & Young restraining order

Bowman's Accounting Report, an Atlanta based newsletter, was barred by Ernst & Young in New York State Supreme Court from publishing any reference to confidential information about the Ernst & Young Arthur Young merger. A hearing is scheduled for Monday.

New York Atlanta Ernst & Whitney Arthur Young Ernst & Young New York State Supreme Court Bowman

Stocks of local interest slide amid recession fears

New York stocks weakened with the Dow down 6.61 to 2,662.76 at noon as decliners outpaced gainers about 3 to 1. Tokyo's Nikkei fell 666.41 points while U.S. blue chips such as Merck, General Electric, Exxon and McDonald’s declined. Local quotes show grain prices and a Kansas City cattle market report with hog and beef quotations and weights.

New York Hilton At&t IBM WA Wat Amocos Wo Kmart Bevo Arkla MAPCO Merck Cbiwr Va Monsan Censow Morgan Chase Motorla Va Mylan ConAgs PepsiCo Disney Philpin He duPont PhilPet Exxon ReiGro Rover Royld Rnam Gannett OM A —M SalleMs Mi Ye— H GenEl Tokyo Wall Street New York Stock Exchange General Electric McDonald’s

LRM plans move of hot mix plant near East Hills Park

LRM Industries plans to relocate its hot mix asphalt plant from North Lawrence to a site south of the East Hills Business Park on K 10. Howard Hasler says the move may occur this year or next, with similar capacity but more room. Rezoning from agricultural to heavy industrial is on the January 24 Lawrence Douglas Planning Commission agenda. Garage Door Group has begun production at the park while Penn Plastics seeks $6 million in industrial revenue bonds to move in.

East Hills Business Park LRM Industries Inc Lincoln North Lawrence Howard Hasler North Second Street Hasler LRM Tom Linda Meisenheimer East Hills Lawrence Douglas County

Retailers stay open despite bankruptcy

Bloomingdale's and eight other chains moved quickly to reassure customers and employees they will stay open and well stocked while under Chapter 11 protection. Federated and Allied Stores sought protection for 260 stores in 28 states, with no layoffs planned, as courts approved continued pay and benefits.

Cincinnati Bloomingdale’s New York Abraham & Straus Carol Sanger Federated and Allied J. Vincent Aug Jr Sanger Jockey International Campeau U.S

Inventories and sales up as economy expands in November

Washington AP reports November inventories rose 0.5 percent while sales climbed 0.7 percent, signaling stronger demand relative to stock. Automakers Chrysler Ford GM warned of temporary layoffs due to excess inventories. Mazda trimmed U.S. production later in the month. Commerce says inventories reached 796.8 billion, sales 523.6 billion, with the inventory to sales ratio at 1.52 months.

Washington Chrysler Corp Ford Motor Co General Motors Corp Mazda Motor Corp. of Japan Commerce Department

Also Mentioned on This Page

Magazine KPERS Marshall Crowther Kansas Public Employees Retirement System Pension World Magazine Crowther Pension World Kansas Houston Baker Hughes Inc California Louisiana North Dakota Michigan New Mexico Ohio Farmers Co-Op Lawrence Wheat Midland KC Livestock Kansas City Eeves Fleming Hercules Kmart Eeveee Kroger Eae Eeesevee Ee Merck Creeee Ee Quaker Oad Ewan Sallie Mae Sas Edo Santa Fe Babes Ee Sears Eeeees Eee TRW Trinova Fee UtiliCorp I Cn Alee Wal-Mart Wee Woolworth Enone Edward v. Jones Co. Schimb Ucarb Hs SwAirl Texaco Ja Toyrus Winder 1924 Judy Craig Indiana Wolken Bros Lawrence, KS Four Seasons Design & Padeling Centers White Lakes Tower Plaza SW Plaza Drive Texaco Inc Marvin S. Traub Pro-Print, Inc Mass Jane Bateman Jane Bateman 28Th Terrace
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