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Show h = 1996 The Salt Lake Tribune BUSINESS Tuesday March26, B8 ‘ = WORLD BRIEFS isnt eo (= EEE | know about the New | me York, American and le: FIENNES| ASDAexchanges Mobil Restructuring Qyame. To Save $1.3 Billion NEW ORLEANS — Mobil Corp.'s chairman said Mondaythe company’s ongoing restructuring is expected to be finished by year's end and should yield annuAl savings of $1.3 billion in 1997 I wish I couldtell yourestrue- said turing is finished. It is not,” Lucio Noto at the Howard Weil Energy Conference in New Or- leans The company’s restructuring likely will include more downsizing. In 1995, Mobil’s restructur- ing and asset sales reduced the number of employees by 14 per- centOf tothe50,400 $1.3 billion goal, $750 million is expected to come from redesigning Mobil’s staff and 00 million from restructuring Mobil’s U.S. refining operations. Mad CowDisease No MassSlaying Yet LONDON — Fears over mad cowdisease are already hammering theBritish beef industry, and depending on the government's ultimate reaction, the country’s broader economy also could be shaken. Londonfinancial marke’ rattled Mondayby concerns that xa) fk 1 o-e-°-0-0-o i ae «ne av0euai fg sac, Hye a setaniaea khigh d- Anew Droste ae t 0 US money. n i gh-low range bag 5 es not cover the entire eae angeis adjusted split trom or with the date of theold stock. Divider ted on the primary tock dividend v- Trad market nak aunigntedae te erat s Tollowngfootnotes Speerinthe ; extra. b Annual rate plus stock a-Also extra o jividend. ¢ Liquidating dividend. e Declared paid France in praceding 12 months. 1 Oe : Frere paid after n abn aar,astoa gettoe en accumula Omet eu wath dividends in arrears. r- Declaredor paid in 2 months, plusstock dividend. t- Paid in in preceding 12 months. estimated cash valueoror ex-dividend of ex-distribution date in xful . Ex-dividend z Sales in y Ex-dividend or sales Preferred. pp Holder owes installment(s) price. rt- Rights. unUnits wed -Wher wi- When issued. wt- Warrants ww With warrants xw Without warrants, vj in tankruptey or receivership of being reorganized under Nordstrom : vie) / day act or securites assured bysuch | companies The current market prieg of ings ratio. @PE: Price/Earnstock expressed as am tle of Its total a company's per share earnings for the previous 12 month Vol: Number of shares, hundreds, that tra Pans | or the closing Oras: The last price the stock sold for, price Ocrs The change between yesterday's andthe previous day's clos closing price the government could begin a costly mass slaughter of British cattle — a sensational step that has beenputoff for now 287 19 The pound got a slight lift against thedollar and the German mark after the government saidit was not immediately taking dras- tic steps tofight mad cowdisease, gua nowsuspected as the source of 10 cases of a fatal and incurable brain illness in humans. batts + abe oe Discovery ZoneFiles In Bankruptcy Court Sreee FORT LAUDERDALE,Fla. — Discovery Zone has turned out to be the company that not even te ot Blockbuster Entertainment, the company with the magic touch with videos, could rescue. Discovery Zone, the Fort Lau- 4) ATMOS st uihPit utSec AuLODE s ‘iloZone very wal derdale-based operator of chil- dren’s recreation centers, filed for Chapter 11 bankruptey protection from its creditors on Mond ay. The move comes as a fallout from the company’s too-rapid expansion in 1993 and 1994. The company, started in 1990, now Aunt fie MB. {ine 19 27 26 2748 386. 34 20 BuriRsc 15 213 228 + 18.7 1. Bushnd 12 wie CBL Ase 19 208 2148 +9 ¢ 11 286 + i718 | CIGNA Chait Bostonian ‘Marcus’; 110.00 ress shoe Bostonian weaves newlife into the traditional with leather From their Florentine Collection, crafted in Tutly Alberto 20 366 29 Alcalaan 21We 3008 Abert lining andsole. Solid tan leather or tan leather/linen 7-11,12.14m. In Men’s Shoes has about 350 outlets. “This is a question of a company that grew too quickly, without the infrastructure to do orderly and profitable growth,” said company spokesman Robert Mead. Since Blockbuster managers took yl a ae om mpl g nae over the company last May, ‘‘everybody’s been focused on getting 1h clan 1035 that company fixed,” he said | SaaneyPe CapeoAut Capone. 14 Cape i penkt tdsw S15 “Today, we took a major step in that direction.” Thebankruptcyfiling came because the company isn’t generating enough cash to pay off its ” 721 126 3606 27% + is + 1489 390 284% $200 million debt. Thefiling allowed the companyto obtain $15 Is Plaza, EashionPlace and Ogden City Mall. To order, call 1-800-695-8000. a my million in financingto pay day-toCareRity 26 shipping charge on mail/phone orders 7: 686 621 Deltad pl 1 38 +3 day expenses. Rockefeller Center Investors OK Buyout ‘: % i Sy Ba ER Mano MiSchott MacPrug. 27 weer af2 £52555 abe on a NEW YORK — Rockefeller GtLach 15-137: GNiron Center Properties Inc. sharehold- ers voted to back the proposed $306 million buyout by an invest- mentgroupled by Goldman Sachs & Co., the company said Monday. A Rockefeller Center official said holders with 59 percent of the company’s outstanding shares have voted for the merger agree- ment. The transaction required the approval of a simple majority of shareholders The approvalfollows a federal judge's refusal Thursdayto grant Chicago investor Sam Zell's request to block the vote, removing thelast obstacle to the conclusion of a lengthybattle for control of the landmark property. NYSE Actives Amererd Anngs eeee 61 atl 48h 2013080 55% +4 456 6H = Ampeo Anre NASDAQ Diary Market Volume Utah Stocks ei CBOT5.000 bu PORK BELLIES CMER WHEAT CATTLE CATT EEDER HOGS-Liverd/97 LeanicM minimum- dollars per dushe! cents per Ib cents per Ib cents per Ib. a se SD38/3¢ C NASD" fe +% Hee 24 Lasrep NASD +i +14 -1e —18 4 502 ‘oath in 305 Bll, smalied, adjusted foe ‘aaturty if Mackert OSDas Markerl NASD 6% t My PST Ve oNASD S88 acces fe Eeetet asp ite — 2% er 0 NASD SeeND NASD NAsDitst a S.46675 UITA Stock Index Uiah-beadquartered | Inder Samper,of 10,Seteare andro iden 22 ents per Ib NMER 42,000 gal- cents per L HEATINGOI LIGHT SWEET CRUDENMER 1,000 bbl. dollars per bbl btw 10,000 mm btu's. $ per mm Gb Nar! 42,000 gal- cents per gal GOLD 100 tr ollars per troy oz Apr 96 SILVER(1000) 1,000 ox cents per J HI GRADE COPPERNCMX 25,000 Ibs. cents per Sea +h H * Had 8 | Hidin TQ) Hanae 1s 374 15% 4 —___BASD TP __Tnd_Prey —_____SXSE ol Adv 174,958.71 hae | ‘avanced fee tet sangre Yet Becined Tot Vol 410310310 476 Unchanged 32 Prev, VolS95.434,450 475, Total issues: Highe New Lowe New & Commodities Mouth Vol. Settle che, GuIMBe NASD EX Units ame Gueeee wee Grains dollars per bushelMay 96 329 CORN CBOT5,000 bu 0 CBOT 5,000 mi lars per bushelSlay 96 8 Z| SOYBEAN MEAL —CBOT 100 tons- do ton SOYBEAN OIL CBOT 60,000 ibs per 100Ibs.bushelM dol ars per BOT 5,000 bu minimum: SOYBEANS eae at a in e 8 m . * aH » 38 2a 1242 = 2%: By, sattesy 2 Cikorp wlio ‘ier 32%—% Apis #2 1208 Coabel 1119 30% 10m Ase a6]43 361 i 1a BotBeer Apex 15 2864 259 20% —% Cal 18 243 27% 14K Arce Dow Jones Averages|NYSE Diary Meu ie 1400 es t = re , |NASDAQ Actives AMEX ‘Actives +. GTEDE pfY 190 2 GTEDE plz 30 A%erair {gp" 1") $395.00 $297.85 $3093 60 $398 40 $398.60 $395. s5022 $5534 he e |