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1983 Year

BUSINESS
January 25, 1985 | BILL RITTER
Rebounding from a small profit in 1983 and a loss in 1982, Bank of Commerce reported a profit of $501,000 for the year ended last Dec. 31, a 15.1% return on the bank's equity. The bank reported a $100,000 profit in 1983 and a loss of $194,000 in 1982. The bank also plans a $7-per-share, 12% preferred convertible stock offering this spring that could raise its current 6% capital ratio to as high as 8%, President Peter Q. Davis said.
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NEWS
March 26, 1990 | From a Times Staff Writer
Although space in local jails rose 44% nationally between 1983 and 1988, an even larger surge in inmates cut average space for each prisoner by 6%, the Bureau of Justice Statistics reported Sunday. The increased jail space was outstripped by a 54% increase in inmates, leaving nearly 10% of the nation's 3,316 locally run jails under court orders to relieve crowding.
SPORTS
November 9, 1990 | CHRIS FOSTER
Anaheim Savanna, once one of the least successful high school football teams in Orange County and last season among the most notorious, erased some bad memories Thursday night at Glover Stadium. By virtue of a 42-0 victory over Magnolia, the Rebels clinched a spot in the Southern Section Division VI playoffs. It will be their first playoff appearance since 1983. A year ago, the Rebels finished as the Orange League's co-champion with Valencia.
CALIFORNIA | LOCAL
November 18, 1986 | Lanie Jones \f7
A 2-year-old boy drowned in his family's swimming pool, becoming the 20th child to die by drowning in Orange County this year, authorities said Monday. Deputy Coroner William King said the mother of Justin Medeck, 2, left him in the care of a baby sitter Sunday morning. When she returned home at noon, she found him face down in the pool, King said.
NEWS
March 28, 1998
Betsey Cushing Roosevelt Whitney, 89, multimillionaire philanthropist and widow of John Hay "Jock" Whitney. Also the first wife of James Roosevelt, Whitney was the last surviving of three Cushing sisters of Boston known for their beauty, charm and influential marriages. Her wealth had been estimated at $700 million. As President Franklin D. Roosevelt's daughter-in-law, she often served as White House hostess when Eleanor Roosevelt was absent. Later, as Mrs.
NEWS
May 17, 1994
Royal Dano, the durable character actor who graced some 300 films and television shows over more than four decades, died Sunday at his home in Santa Monica. He was 71. Dano died of pulmonary fibrosis, and his wife, Peggy, and son, Richard, were at his side, said Milton Ebbins, Dano's manager. Ebbins said the Western and action film entertainer was also known for portraying Abraham Lincoln.
NEWS
May 7, 1995 | SEAN WATERS, SPECIAL TO THE TIMES
Los Angeles City College is on the brink of eliminating the school's baseball program and writing a final chapter to a story that produced many heroes in the course of 63 years. Vice President Dr. Mary Spangler confirmed earlier reports by The Times that the program was being eliminated because of budgetary concerns and lack of support from students and faculty. "From our preliminary meetings, the administration is led to believe the baseball program will be dropped," Spangler said.
CALIFORNIA | LOCAL
June 6, 2009 | Andrew Blankstein and Joel Rubin
Shortly after she sat down at her desk on the third floor of LAPD headquarters Friday morning, Det. Stephanie Lazarus was told a suspect in the basement jail had information on one of her cases. The 25-year police veteran went quickly downstairs. As Lazarus removed her firearm to pass through security, she unknowingly walked into a trap. There was no suspect -- only questions about a terrible secret police believe she has been harboring for more than two decades.
BUSINESS
May 7, 1985 | BRUCE HOROVITZ, Times Staff Writer
Cushman Electronics Inc. on Monday reported its sixth consecutive quarter of net losses, forcing the Newport Beach-based firm to cancel its regular second-quarter cash dividend. The radio and telephone test equipment manufacturer reported a loss of $450,000 for the second fiscal quarter ended March 31, compared with a loss of $349,000 for the prior-year period. Cushman's six-month net loss nearly doubled, to $711,000, from a net loss of $347,000 during the first half of its 1984 fiscal year.
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