Der 18. Dezember 1993 war ein Samstag unter dem Sternzeichen ♐. Es war der 351. Tag des Jahres. Präsident der Vereinigten Staaten war William J. (Bill) Clinton.
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18th of December 1993 News
Nachrichten, wie sie auf der Titelseite der New York Times am 18. Dezember 1993 erschienen
A Dark Opinion of Baseball From a Sportswriter Who Knew
Date: 19 December 1993
By Herbert Hadad
Herbert Hadad
ROGER KAHN bounded about the well-lighted study of his hilltop home here with deft moves. Once a prep school third baseman, at 66 he remains athletic and sure.
He reached for memorabilia to show a visitor, who was seated at Mr. Kahn's 1959 Olympia manual typewriter, the instrument he used in 1972 to elevate the game of baseball to American literature in "The Boys of Summer," the same one he used to write a new and controversial book about New York's golden age of baseball -- 1947 through 1957 -- called "The Era."
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AMERICAN CYANAMID OUTLINES TERMS OF CYTEC DEAL
Date: 18 December 1993
By Bloomberg News
Bloomberg News
The American Cyanamid Company said yesterday that its shareholders would receive one share of Cytec Industries for every seven shares of Cyanamid they hold when the chemical operations are spun off. The record date for distribution will be Dec. 28. American Cyanamid announced in September that it would spin off Cytec, which manufactures chemicals and plant food. American Cyanamid intends to hold $200 million of Cytec preferred stock, a portion of which could be converted into a maximum 30 percent stake in Cytec. American Cyanamid plans to focus on its more profitable medical and agricultural businesses. Shares of American Cyanamid fell 62.5 cents, to $49.75, on the New York Stock Exchange yesterday.
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UJB FINANCIAL AGREES TO ACQUIRE VSB BANCORP
Date: 18 December 1993
By Bloomberg News
Bloomberg News
The UJB Financial Corporation agreed yesterday to acquire VSB Bancorp of Closter, N.J., for $71.7 million in stock. Each share of VSB will be exchanged for 0.7727 to 0.9444 share of UJB. UJB has acquired an option to buy as much as 19.9 percent of VSB's shares outstanding to deter rival bids. Shares of VSB rose $1, to $20, in Nasdaq trading, and shares of UJB rose 25 cents, to $24.50, on the New York Stock Exchange. VSB, which has $379 million in assets and six offices, owns Valley Savings Bank in northeastern Bergen County. UJB has $13.6 billion in assets and 250 offices in New Jersey and eastern Pennsylvania. It is the second-largest bank holding company in New Jersey, behind First Fidelity Bancorp in Lawrenceville.
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FIRST FIDELITY SETS EXCHANGE RATE IN PEOPLES DEAL
Date: 18 December 1993
By Bloomberg News
Bloomberg News
The First Fidelity Bancorp said that in its previously announced acquisition of Peoples Westchester Savings Bank, it would exchange 0.9390 share of common stock, or $40.86 in cash, for each outstanding share of Peoples. The exchange ratio was based on the average closing price of First Fidelity shares over a 10-day period that ended on Thursday. The average price in the period was $43.51. The acquisition is expected to be completed on Dec. 30. Under the plan, about 54 percent of the 5.47 million shares of Peoples will be exchanged for cash and the remainder for stock. The merger has a total value of about $227.2 million. First Fidelity, which has $32.6 billion in assets and is based in Lawrenceville, N.J., agreed in April to buy Peoples Westchester, which has $1.7 billion in assets and is based in Hawthorne, N.Y.
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NEWS SUMMARY
Date: 18 December 1993
International 3-7 LOANS BY YELTSIN MAY HURT RUSSIA In a move that could aggravate Russia's budget deficit and inflation, Boris Yeltsin granted subsidized loans for agriculture enterprises. 1 Al Gore was worried about starting "a diplomatic incident." 6 KENYA STARTS FIGHT ON AIDS After years of passivity, Kenya's Government is taking a forceful role against AIDS amid estimates that 800,000 of the country's 22 million people are infected with H.I.V. 5 U.S. HUNT BOLSTERED SOMALI An American envoy to Somalia said the failed effort to capture Gen. Mohammed Farah Aidid had bolstered him politically and militarily. 5 U.S. FRUSTRATED WITH ARISTIDE American officials expressed tepid support for the Rev. Jean-Bertrand Aristide and cited frustrations with the exiled Haitian leader. 7 CRAXI OF ITALY DENIES GRAFT Former Prime Minister Bettino Craxi denied accusations of personal corruption in Italy's bribery scandal but said he had long known of illicit political financing. 6 RABIN-ARAFAT MEETING IN DOUBT Israeli officials said disagreements with Palestinian negotiators were so serious that they might call off a meeting next week between Yitzhak Rabin and Yasir Arafat. 3 Nubariya Journal: Agriculture as diplomacy in the Mideast. 4 CHIP DISPUTE WITH TOKYO The United States is likely to seek special talks with Japan early next year because the American and European share of the Japanese computer-chip market is still falling. 37 North Korea denounced Washington's offer on atomic inspections. 3 National 8-11 SURGE IN HOME BUILDING New homes were built in November at the highest rate since early 1990, spurred by the lowest mortgate rates in 25 years. The increase in housing starts consisted entirely of single-family homes, reflecting what analysts say has become a sizable migration of apartment dwellers to their first houses. 1 BOOT CAMPS ARE CRITICIZED As Congress prepares to spend hundreds of millions of dollars to open more military-style boot camps for young offenders, the concept is criticized by many academics and corrections officials who say they have achieved meager results. 1 CIVIL RIGHTS NOMINEE WITHDRAWS President Clinton's latest choice to be the Justice Department's civil rights chief withdrew from consideration, apparently because of opposition from many black members of Congress. 1 ROLE AS POWERFUL GO-BETWEEN The newly nominated Pentagon chief, Bobby Ray Inman, is being asked to step in as a powerful go-between to deal with troops who continue to view President Clinton with unease and who, unchecked, could easily undercut him. 8 NEW CHIEF, NEW BUDGET FIGURES Anxious to settle a public dispute between the Pentagon and the White House before Mr. Inman takes over as Defense Secretary, senior Administration officials said estimates of a $50 billion Pentagon shortfall had shrunk to $31 billion. 8 KEVORKIAN RELEASED FROM JAIL Dr. Jack Kevorkian was released from jail and placed under electronic surveillance after he pledged to stop helping people kill themselves until the constitutionality of Michigan's law banning physician-assisted suicide could be resolved.8 ACCUSATIONS OF SCIENTIFIC THEFT A Government researcher has accused senior scientists at the National Institutes of Health of trying to steal credit for her discovery of an important new vaccine to prevent a type of meningitis. 10 The Vatican affirmed its condemnation of the use of birth control. 10 Metro Digest 25 DEPUTY MAYOR NAMED Mayor-elect Rudolph W. Giuliani named John S. Dyson, a former chairman of the New York State Power Authority, as his deputy mayor for finance and economic development, filling out the top tier of the New York City administration. 1 DUM-DUM-DEDUM The middle-aged master builder finally decides to marry the actress-model mother of his infant child, a week after she unveils her new line of maternity clothes, in a ceremony at the grand hotel formerly managed by his former wife. The bride wears white, le tout New York is invited, and if an iota of social opprobrium attaches to the event, no one seems to notice. The Age of Innocence it's not. 1 Neediest Cases 26 Business Digest 37 Arts/Entertainment 13-19 Sports 30-34 Football: Fox outbids CBS for N.F.C. games. 1 Obituaries 24 Editorials/Op-Ed 22-23 Editorials Tears enough in Northern Ireland. Gay-bashing, democracy-bashing. On the avenue. Repeal the pol tax. Letters Russell Baker: One of the best. Charles S. Maier: Is it 1933 all over again? Liesl Schillinger: Down on the Christmas tree farm. Lawrence J. White: G.M.'s bookkeeping game. Bridge 19 Chronicle 29 Crossword 17
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NEWS SUMMARY
Date: 19 December 1993
International 3-23 THAI LINKS TO THE KHMER ROUGE A Khmer Rouge compound in Thailand is only part of the evidence of close ties between Thailand -- through its military, police and merchants -- and the guerrilla group. 1 U.S. WANTS NEW IRAQ PENALTIES Washington wants to impose more requirements on the Iraqi Government for lifting the United Nations ban on oil exports by Baghdad. 1
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No Good News for The Knicks, On or Off the Court
Date: 18 December 1993
By Clifton Brown
Clifton Brown
A bad day for the Knicks ended with another frustrating loss to the Chicago Bulls. Making big plays at crucial moments, the Bulls sent a message to the Knicks by defeating them tonight, 98-86, before the usual noisy capacity crowd at Chicago Stadium. The loss ended a five-game winning streak for the Knicks (15-5), who learned earlier in the day that they would be without point guard Doc Rivers for the rest of the season because of reconstructive surgery he must have on his left knee.
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COMPANY NEWS;
Architect of a Turnaround Named Chief at Winnebago
Date: 18 December 1993
By Richard Ringer
Richard Ringer
Winnebago Industries, the recreational vehicle manufacturer, yesterday gave the title chief executive to Fred Dohrmann, the architect of its financial turnaround.
Mr. Dohrmann, 61, the president and chief operating officer since 1991, takes over as chief executive from John K. Hanson, the company's founder, who will continue as chairman. The chief operating officer's post will be dropped.
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Reuters Is Buying Teknekron
Date: 18 December 1993
By Lawrence M. Fisher
Lawrence
Reuters Holdings P.L.C. said today that it had agreed to pay $125.1 million in cash for Teknekron Software Systems Inc., a private company that competes with Reuters in the market for computerized financial trading systems. Teknekron, based in Palo Alto, Calif., south of here, has primarily served Wall Street trading firms, but has recently diversified into providing software services to large manufacturing companies.
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COMPANY NEWS;
Georgia-Pacific Chief Sees Divided Results by Division
Date: 18 December 1993
By Jerry Schwartz
Jerry Schwartz
The Georgia-Pacific Corporation said today that it expected record revenue this year from its building products division but that prices in the paper products division had fallen to a 50-year low.
A. D. Correll, who became chairman of the forest products company on Dec. 2, said the two parts of the company's business had experienced far differing levels of demand.
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