Chase fires 9 execs over losses in Drysdale failings
Chase Manhattan Corp dismissed nine executives including two top officers over the Drysdale Government Securities default and Penn Square loan participations tied to a 161 million quarterly loss. Richard Higgerson was reassigned as the board met amid a probe and stock rose after the smaller loss than feared.
MENTIONED IN THIS ARTICLE
New York
UPI
Chase Manhattan Corp
Drysdale
Oklahoma City
Chase
William R. Hinchman Jr
Wayne G Hanson
Richard J Higgerson
Chase Board of Directors
Penn Square Bank
Federal Deposit and Insurance Corp
Chase Stock
Penn Square
Energy Department
Continental Minors of
Chicago
Airline executives fix baggage woes with speed
In Fort Worth, early 1930s American Airways president gathered managers from across the country to ensure baggage was fast in transit after traveler complaints. The move boosted efficiency, a guide to corporate America quotes.
Wyoming Oil Lottery Opens With Public Draws
Santa Ana California special report describes Wyoming public drawings offering oil lease rights to US citizens. entrants risk minimal $1 postage and handling with a August 12, 1982 deadline. The B Ryan Snyder Company will send entry cards and instructions.
MENTIONED IN THIS ARTICLE
Santa Ana
Calif
Wyoming
B. Ryan Snyder Company, Inc
Oil and Gas Lease Division
East Fourth Street
California
Snyder Company
Thatcher backs besieged Home Secretary amid palace breach probe
London sources say Prime Minister Margaret Thatcher continues to back Home Secretary William Whitelaw as he prepares to testify on security lapses at Buckingham Palace. The scandal follows an intruder entering the queen's bedroom and the bodyguard's resignation over a homosexual liaison, while Britain faces strikes and rising unemployment.
MENTIONED IN THIS ARTICLE
London
UPI
Willam Whitelaw
Margaret Thatcher
Whitelaw
Queen Elizabeth
Buckingham Palace
Thatcher
Royal Palace
Falklands
Government Communications
Poor students likely to be teachers study
CHAPEL HILL N C UP I reports the first study supporting the idea that poor college students are likelier to become teachers and stay long in the field. Using SAT data from 4 416 graduates, researchers say low scoring whites, blacks show greater likelihoods to enter education than high scorers with stark differences by gender and race.
MENTIONED IN THIS ARTICLE
Chapel Hill, N.C
Victor S. Vance
Campbell University
Phillip C. Schlechty
University of North Carolina
National Institute of Education
Melon cups runneth over in Shanghai flood of fruit
Shanghai is flooded with watermelons as residents gobble them up while thousands of trucks and boats bring in fruit. Local officials report fruit shops and improvised melon stands operate from dawn to night, selling between 6,500 and 8,500 tons daily, the highest since 1949.
MENTIONED IN THIS ARTICLE
Peking
UPI
Shanghai
Xinhua
Also Mentioned on This Page
Ter
KIS
Irish Republican Army
HMS
Hermes
South Atlantic
Steve Polansky
Market Inc
Dewey Rd
Amherst
Sanatorium
Bologna
Udae Smating
Racnn Randalle
Weinz
Bopott Ooofe
Kellogg’s
P- Grocer
Clinton
Oro Cheeringhouse
United States
Puerto Rico
Kellogg
Kellogg Gonpony
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