Репродукција уторак, 4. мај 1993.

Man in the News; In Line for Fiscal Chief: H. Carl McCall

Date: 04 May 1993

By Joseph Berger

Joseph Berger

As president of the New York City Board of Education, H. Carl McCall could not get a majority to back him on an AIDS instruction program that stressed condom use and could not get the majority to join in trying to retain Schools Chancellor Joseph A. Fernandez. Yet, despite being on the losing end of such high-profile votes, Mr. McCall has generally comported himself with cunning, fairness and an eye on the navigable middle road that has drawn respect even from foes. So it was no surprise to those who have worked with him for the last two years, and those who have known him as a state senator or as a Citibank vice president, that Mr. McCall yesterday won an almost certain appointment as state comptroller. The appointment would make him the first black to hold a statewide elective office in New York.

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INSIDE

Date: 05 May 1993

Florio Orders Bids on Bonds Gov. Jim Florio is requiring New Jersey to accept bids on bond underwriting, a move appeared aimed at lessening the impact of a Federal investigation on a bond sale. Page B1. Unearthing Secret Files In a directive ordering a sweeping review of cold-war rules on Government secrecy, President Clinton has begun taking steps to declassify millions of documents. Page A18. Persistence of Mastectomy Many women with breast cancer still choose mastectomy, although lumpectomy is usually as effective. For some at high risk, mastectomy is a preventive step. Health, page C13. 'Angels' on Broadway Part 1 of "Angels in America," Tony Kushner's play about AIDS and the 1980's, had its New York premiere. Frank Rich's review is on page C15.

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A First Bow, This Time To the Press

Date: 04 May 1993

By Bill Carter

Bill Carter

As a dizzying circle of photographers screamed "Conan!" from every side and a dozen video cameras and a room full of reporters recorded his every utterance, Conan O'Brien officially entered the world of big-time show business yesterday. In the elegant setting of the Rainbow Room, Mr. O'Brien held his first news conference since NBC's surprise announcement last week that he would succeed David Letterman as the host of its weeknight comedy and talk show, "Late Night."

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On My Mind; Time For Apologies

Date: 04 May 1993

By A. M. Rosenthal

A.

Something important is missing in all the talk about how only American muscle and guts are bringing peace in Bosnia -- an apology to Cyrus Vance and Lord David Owen. The apology is a matter of decency. It is also a matter of understanding what happened, to help protect the peace in case it actually comes about.

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COMMONWEALTH EDISON TO IDLE 625 UNION WORKERS

Date: 04 May 1993

By Bloomberg News

Bloomberg News

The Commonwealth Edison Company said yesterday it would begin laying off 625 members of the International Brotherhood of Electrical Workers union in 30 days. The union represents about 12,000 of the more than 19,000 employees at the utility, which is based in Chicago. The utility said it could not avoid layoffs after union members refused to approve work rule changes that were intended to make operations more cost efficient. The company notified I.B.E.W. locals on Jan. 26 that it would begin layoffs unless the changes were approved. The utility said it offered a moratorium on layoffs and a voluntary early-retirement plan in exchange for the changes.

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INITIAL OFFERING OF 3DO IS PRICED AT $15 A SHARE

Date: 04 May 1993

By Bloomberg News

Bloomberg News

The 3DO Company's initial public offering of 2.9 million common shares was priced yesterday at $15 a share by an underwriting group led by Morgan Stanley & Company.

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CIRCUS CIRCUS WOULD RUN PROPOSED RIVERBOAT CASINO

Date: 04 May 1993

By Bloomberg News

Bloomberg News

Circus Circus Enterprises, based in Las Vegas, Nev., said yesterday that it had agreed to manage a proposed riverboat casino for the Trillium Corporation in Riverside, Mo., a suburb of Kansas City. Trillium, a developer in Bellingham, Wash., owns one of three sites that Riverside may select for the riverboat casino. Competing groups were scheduled to present proposals to the city today, Clyde Turner, the president of Circus Circus, said.

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CAMPBELL SOUP SETS EXECUTIVE STOCK OWNERSHIP RULES

Date: 05 May 1993

By Bloomberg News

Bloomberg News

The Campbell Soup Company said yesterday that it would introduce a stock ownership plan for its chief executive and about 70 other senior executives. Under the plan, David Johnson, the president and chief executive, would be required to hold in shares three times his 1992 base salary of $757,500 by the end of 1994.

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TEJAS GAS'S STOCK RISES AFTER AGREEMENT WITH EXXON

Date: 04 May 1993

By Bloomberg News

Bloomberg News

Shares of the Tejas Gas Corporation rose 13.8 percent yesterday after the company said it had agreed to buy substantially all of the Exxon Corporation's natural-gas pipeline systems in Texas and Louisiana. The transaction would roughly double the size of Tejas Gas, which operates 3,200 miles of pipeline that transport about 1.3 billion cubic feet of natural gas a day. Exxon's gas pipelines in the two states transport 1.6 billion cubic feet daily through 2,200 miles of pipeline.

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MARION MERRELL DOW ANNOUNCES COST-CUTTING MEASURES

Date: 05 May 1993

By Bloomberg News

Bloomberg News

Marion Merrell Dow Inc. said yesterday that it would reduce its work force by an undetermined number, cut executive compensation and adjust development efforts to get products to market more quickly. The company, which makes the Nicoderm smoking-cessation patch and the Cardizem hypertension drug, said it would move aggressively to reduce operating expenses. Last month, Marion Merrell said first-quarter earnings had declined 56 percent from the comparable period a year ago, as sales of key drugs, including the antihistamine Seldane, dropped sharply.

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