Arkansas Business back issues from July 1990:
Highway 10 plan an ill-fated dream. (Arkansas) (editorial)
Jul 02, 1990 ... Highway 10 Plan An Ill-fated Dream The Highway 10 plan came under pressure again June 19 as a group of property owners asked the Little Rock Planning Commission to moderate a proposed overlay district. The plan's goal is simple enough: Keep Arkansas 10 as scenic and uncongested as ...
Bullish indicators. (real estate market in Arkansas) (editorial)
Jul 02, 1990 ... Bullish Indicators It's been three and a-half years since $1.5-billion FirstSouth collapsed in a spectacular fiscal ball of flame, signaling the beginning of the end of the state S&L lending explosion. That era of loose money artificially propelled the state's construction fever, ...
Privatization: a solution to LRSD woes. (Little Rock School District) (column)
Jul 02, 1990; Leveritt, Alan ... Privatization: A Solution To LRSD Woes Support for the Little Rock public schools by the business community has been an article of faith since the debacle of 1957. But I am beginning to wonder if we were wrong. While East Europeans have been abandoning their ...
Honor among debtors: justice and morality sometimes clash when businessmen hit bankruptcy court.
Jul 02, 1990; Waldon, George ... Honor Among Debtors Nearly two years ago, Larry Donald Atkinson decided his two Stuttgart-based trucking ventures could go no farther. Atkinson & Co. Truck Brokers Inc. and Atkinson & Co. Trucking Inc. were carrying a combined debt of about $2 million when their namesake CEO ...
Winrock's vision for Arkansas: Winrock International's focus shifts to a "third world" community named Arkansas.
Jul 02, 1990; White, Mel ... Winrock's Vision For Arkansas Winrock International is a five-year-old nonprofit institution, with an annual budget of around $30 million, that has dedicated itself to helping poor people in rural areas around the world. It assists with reforestation in the Sudan. It ...
The glut is gone: apartment occupancy is strong, but the mood of the players is fueled by apprehension tinged with optimism. (apartment market in Arkansas)
Jul 02, 1990; Waldon, George ... The Glut is Gone The condition of the local apartment market has come full circle since the go-go days of development that characterized the mid-1980s. In Little Rock alone, 6,519 units were permitted during 1982-86. Absorption has taken care of many of these units created in the ...
Miracle, or debacle? Arkansas Federal Savings Bank, the little thrift that thinks it can. (company profile)
Jul 02, 1990; Kern, David F. ... Miracle, Or Debacle? Arkansas Federal Savings Bank is teetering on the brink of insolvency, already well below net capital requirements and with a sinking bottom line that appears headed for the deep end. Last year, the thrift lost $1.6 million and its net worth is now just ...
Slow land rush: Arkansas real estate brokers tell tales of woe about the RTC. (U.S. Resolution Trust Corp.)
Jul 02, 1990; Kern, David F. ... Slow Land Rush Arkansas Real Estate Brokers Tell Tales Of Woe About The RTC Arkansas property values won't be depressed much by the government sale of assets accumulated by insolvent thrifts, local experts say. But anyone trying to obtain information about, broker or ...
Cooking up a success: Continental Cuisine launches a new restaurant continuing its growth. (company profile)
Jul 02, 1990; Lorenzen, Rod ... Cooking Up A Success Little Rock restaurateur Paul Bash is glad to share his recipe for success, but pinning him down long enough to get it is an entirely different matter. A typical day finds Bash busily scooting among the five restaurants he owns through Continental ...
Hartwick's hydro: the $155-million NLR hydroelectric plant struggled with cost overruns, press bashing: was it worth the trouble? (Terry Hartwick)(North Little Rock)
Jul 02, 1990; Hathorn, Clay ... Hartwick's Hydro The $155-million NLR Hydroelectric Plant Struggled With Cost Overruns, Press Bashing: Was It Worth The Trouble? On a good day Terry Hartwick, peddler of furniture, may sell a couple of sofa ensembles to some honeymooners. Five years ago he was pushing an ...
Healthcare cost cutter: new laser gallbladder surgery slices recovery time increasing business productivity.
Jul 02, 1990; Meins, Jan ... Healthcare Cost Cutter On March 23, general surgeons Frank Ludwig and John DeLoach made medical history in Arkansas. They performed the state's first laparoscopic laser cholecystectomy to remove a gallbladder at Baptist Memorial Medical Center in North Little Rock. Although it ...
Disorderly sale of S&L branches threatens state banking health. (column)
Jul 02, 1990; Ford, William Clay, Jr. ... Disorderly Sale Of S&L Branches Threatens State Banking Health Late in the summer of 1989, the United States Congress finally passed an act designed to reform and resolve the problems in our nation's thrift industry. The "Financial Institutions Reform Recovery, and ...
S&L bailout brings benefits to Arkansas. (savings and loans) (editorial)
Jul 16, 1990 ... S & L Bailout Brings Benefits To Arkansas The latest wrinkle in the $300 billion S & L bailout is the news that Arkansas will be a big winner in the greatest government subsidy program of all time. Stripped of all excess verbiage, the bailout is nothing more than a ...
Let the Diamond test drilling continue. (Crater of Diamonds State Park, Arkansas) (editorial)
Jul 16, 1990 ... Let The Diamond Test Drilling Continue Now that test drilling at the Crater of Diamonds State Park is under way, it would be ludicrous for U.S. District Judge Susan Webber Wright to halt the drilling until an adequate testing of the site is accomplished. In her June 27 ...
Thrifty prosecution: country lawyer turned U.S. attorney sets his sights on savings & loan fraud. (Charles A. Banks)
Jul 16, 1990; Kern, David F. ... Thrifty Prosecution Three years ago, Charles A. (Chuck) Banks was a country lawyer in Mississippi County. Some of the state's poorest people were his clients in murder and personal injury cases. Now as then, the east Arkansas native is a Republican and so loyal to the ...
Making of a Mecca: local leaders are exploring the possibility of a city arena/entertainment center. (Little Rock)
Jul 16, 1990; Hathorn, Clay ... Making Of A Mecca Despite the failure of two major projects aimed at revitalizing downtown Little Rock, a group of innovators has been meeting for the past six months putting together ideas for a major central city arena/entertainment center that could run as high as $50 million ....
50 top private companies in Arkansas: food product companies, grocery chains dominate list of top private firms. (includes information on companies off the list, new to the list, oldest on the list and companies not listed) (directory)
Jul 16, 1990; Gibson, Carolyn ... 50 TOP PRIVATE COMPANIES IN ARKANSAS In 1988, the first year Arkansas Business published a list of the Top Fifty privately held corporations in the state, the reactions to our inquiries ranged from flattered, to surprised, to mildly outraged, that we had, and were about to ...
Rural power: First Electric Cooperatives's stable rates mean good news for companies' futures. (50 Top Private Companies in Arkansas) (company profile)
Jul 16, 1990; Gibson, Carolyn ... Rural Power It was 1937 when First Electric Cooperative Corp. of Jacksonville erected its first utility pole to lay the ground work for distribution of electric power in central Arkansas. Today, they serve more than 46,000 customers in parts of 13 counties, are the largest ...
Going to the mat: bout with Alabama competitor gets Mad Butcher down, but not out. (50 Top Private Companies in Arkansas) (company profile)
Jul 16, 1990; Gibson, Carolyn ... Going To The Mat When the Mad Butcher goes to the mat, it's not to rassle, though with a name like that, the company sounds like a fit opponent for the likes of Hulk Hogan. Last year one of three Mad Butcher-owned stores in Pine Bluff faced off with Food Warehouse out of Alabama, ...
AP&L's damage control: the May 20 flooding of Lake Catherine resulted in millions of dollars of damages as AP&L's credibility, competence is questioned. (Arkansas Power and Light)
Jul 16, 1990; Walker, Wythe, Jr. ... AP&L's Damage Control This spring, "an act of God," as Arkansas Power and Light officials like to say, dumped up to 13 inches of rain in less than 24 hours into the area near and around the eastern end of Lake Hamilton on Saturday night, May 19. The unprecedented torrential rains ...
Health-care crisis: big blue struggles for survival; some small groups feel the squeeze. (Arkansas Blue Cross and Blue Shield)
Jul 16, 1990; Kern, David F. ... Health-Care Crisis There's a small business in Arkansas struggling to maintain health-care insurance coverage for its 11 employees. Arkansas Blue Cross and Blue Shield insures the business, but Big Blue is struggling in the face of cumulative losses of $23 million in 1987 and ...
SW Mall imbroglio: appeals decision could set precedent for writing contingencies into contracts. (Southwest Mall near Little Rock)
Jul 16, 1990; Kern, David F. ... SW Mall Imbroglio Getting a judge to enforce all the terms of a real estate contract may be more difficult now that an Arkansas Court of Appeals has ruled that the agreement can be thrown out if it doesn't cover all possible contingencies. That's the reaction of ...
Taking the heat: corporations, individuals must take responsibility for the environment. (Environmental Systems Co.'s plan to build a hazardous waste plant in Arizona) (column)
Jul 16, 1990; Ritchey, David ... Taking The Heat Arizona is hotter than hell and for sure, a lot hotter than July in Arkansas. Environmental Systems Company, a Little Rock-based company, learned how hot Arizona can be. In fact, Ensco may have gotten burned in Arizona. Ensco planned a multi-million ...
Forest management: false information, distortion chop away at clearcutting facts. (column)
Jul 16, 1990; Curran, Mike ... Forest Management Probably the single most controversial and divisive issue that the Forest Service has had to deal with is the forest management practice of clearcutting. It has been the subject of much concern and attention by the media, conservation and environmental ...
Dillard's chewing on Marshall Field's Stores? (Dillard Department Stores continues expansion, may also buy Marshall Field's Stores)
Jul 30, 1990 ... Dillard's Chewing On Marshall Field's Stores? Expansion hungry, and cash rich, $3-billion Dillard Department Stores may be about to take a little bite out of Chicago retailer Marshall Field's Texas stores. Marshall's was bought recently by Target Stores parent company, ...
Dirty job. (Catlett Corp. starts construction works on Lakewood Plaza nursing home)
Jul 30, 1990 ... DIRTY JOB: Dirt work is under way for Catlett Corp.'s 28,000-SF Lakewood Plaza nursing home at 2323 McCain Blvd. in North Little Rock. ...
Fill 'er up. (Keltner Marketing Corp. buys a gas service station from Chevron USA Inc.)(Realdeal$)
Jul 30, 1990 ... Fill 'Er Up The Colony West Chevron station has a new owner in a $457,000 transaction (about $16 per SF). Businessman Ron Keltner bought the operation at 10200 Rodney Parham Rd. from Houston-based Chevron USA Inc., which owns about a half-dozen other service stations around town. ...
The numbers are in. (Galaxy Broadcasting Ltd. paid $3.25 million for the KEZQ radio station including the building and antenna lease)(Realdeal$)
Jul 30, 1990 ... The Numbers Are In Remember when Wally Tucker and his investment crew of KEZQ employees and out-of-staters bought North Little Rock's easy listening FM radio station? We were curious about the details of that $3.25 million acquisition. Here are the numbers: ...
Five down, one to go. (The Pulaski Heights United Methodist Church bought five properties and needs only one more to complete land to enlarge parking area)
Jul 30, 1990 ... Five Down, One To Go The Pulaski Heights United Methodist Church is one parcel away from assembling the land for an enlarged parking area. Church officials would like to expand to the east and close Spruce Street between Woodlawn and Lee as part of the deal. However, ...
Clearing house. (Duckworth-Alco Stores Inc. sells some of its warehouse properties)(Realdeal$)
Jul 30, 1990 ... Clearing House Duckworth-Alco Stores Inc. sold off some more of its Little Rock warehouse property at 9500 Forbing Road recently. Jack and A.D. West of West Tree Service fame bought the parcel for $225,000 and deeded it over to their business partner William R. ...
A triad of overnight hotel and motel deals. (three hotels/motels were bought and sold in a matter of weeks)(Realdeal$)
Jul 30, 1990 ... A Triad Of Overnight Hotel And Motel Deals What's with all the hotel/motel action taking place in Little Rock during the past few weeks anyway? First to check in was the 122-room Hampton Inn at 6100 Mitchell Drive in southwest Little Rock. That sale came in at $2.57 ...
Boom and bust: poorly conceived properties keep WLR's 85 percent retail occupancy rate below expectations. (Several commercial properties in West Little Rock are unoccupied)
Jul 30, 1990; Ford, Kelly ... Boom And Bust Poorly Conceived Properties Keep WLR's 85 Percent Retail Occupancy Rate Below Expectations Ask the people involved in developing and leasing West Little Rock retail space if they believe the market is over built and the answer you get is a resounding ...
Arkansas woos Hollywood. (Arkansas holds symposium to attract major motion picture companies and encourage home-grown motion picture industry)
Jul 30, 1990; Gibson, Carolyn ... Arkansas Woos Hollywood Movie Moguls Offer Advice To Arkansas Film Hopefuls, But Disappointed By Small Crowd The dream was Hollywood, but the gathering place was Little Rock. A high-powered panel of Hollywood movie magnates and Arkansas maverick film makers powwowed ...
Rich man's land. (Edgehill, Little Rock, Arkansas, is the enclave of the rich)
Jul 30, 1990; Waldon, George ... Rich Man's Land Demand For Old Money Habitat Drives $20 Million In Edgehill Sales Since 1980 The Edgehill addition isn't the first Little Rock neighborhood envisioned as an enclave for the city's economically endowed. But over the years, it has become perhaps the ...
Enabling the disabled. (The Americans with Disabilities Act of 1990 brings the disabled into the work force and small businesses must make way for them)
Jul 30, 1990; Ford, Kelly ... Enabling The Disabled The New Disabilities Act's Scope Rivals 1964 Civil Rights Legislation In Affecting Businesses, Big And Small One of an estimated 300,000 disabled Arkansans, Veronica Haverluk hasn't let her diminutive size stop her from getting a job. A ...
TCBY's thorn-in-the-side. (not everybody shares Caroline Levy's analysis of stocks of TCBY Enterprises Inc.)
Jul 30, 1990 ... TCBY's Thorn-In-The-Side While TCBY stockholders apparently put a lot of stock in what Shearson Lehman Hutton analyst Caroline Levy says of the $145-million frozen yogurt company, the trade magazine Institutional Investor doesn't value her opinion as highly. Levy, ...
Worthen record profits no cause for alarm. (Worthen Banking Corp. posts 132 percent profit jump in second quarter of 1990 as compared to 1989)
Jul 30, 1990 ... Worthen Record Profits No Cause For Alarm Did your eyebrows go up like ours did when you saw $1.79-billion Worthen Banking Corp.'s 132 percent profit jump in the second quarter of this year, compared to the same quarter last year? Usually, banks with exploding profit margins are ...
Arkansas stock opportunities. (Stockbrokers give their views on Arkansas stocks)(Arkansas Investor)
Jul 30, 1990 ... Arkansas Stock Opportunities On June 4, a group of Arkansas stockbrokers gathered together to share their views on Arkansas stocks. Geneva Bailey from A.G. Edwards & Sons in Fort Smith; Chris Collier of Shearson Lehman Hutton; Tom Hill of Merrill Lynch Pierce Fenner & Smith; Alex ...
Investing in the bond market. (bondbrokers give their views on investing on fixed-income products)(Arkansas Investor)
Jul 30, 1990 ... Investing in the Bond Market On June 5, a group of Arkansas bond-brokers gathered to share their views on fixed-income products as they relate to the individual investor. John Compton of T.J. Raney & Sons, a division of Morgan Keegan; Ann Eckess of Crews and Associates; and Bob ...
A conversation with Jack Stephens. (Jackson T. Stephens)(Arkansas Investor) (interview)
Jul 30, 1990; Barnes, Steve ... A Conversation with Jack Stephens It's Memorial Day, the day before the primary elections. Scores of men and women who are running for office, and hundreds of men and women who believe in them, are pounding on doors and harrassing shoppers and papering the landscape with flyers ...
