The May 29, 1997 was a Thursday under the star sign of ♊. It was the 148 day of the year. President of the United States was William J. (Bill) Clinton.
If you were born on this day, you are 29 years old. Your last birthday was on the Friday, May 29, 2026, 28 days ago. Your next birthday is on Saturday, May 29, 2027, in 336 days. You have lived for 10,620 days, or about 254,880 hours, or about 15,292,807 minutes, or about 917,568,420 seconds.
Date: 30 May 1997
By JOE LAPOINTE
Joe LAPOINTE
Profile of and interview with Eric Lindros, tough and talented player for Philadelphia Flyers; 24-year-old Lindros, after five seasons of erratic spurts of success, injuries and controversy, seems poised to join superstars like Mario Lemieux, Wayne Gretzky and Mark Messier as captains of championship teams; photo (M)
Date: 30 May 1997
By NICK RAVO
Nick RAVO
New York City transit police officer Paolo Colecchia is found guilty of second-degree manslaughter for fatally shooting unarmed man on Bronx subway platform; Justice Ira R Globerman hands down verdict in State Supreme Court in Bronx after nonjury trial; Colecchia becomes second NYC police officer ever convicted of committing homicide while on duty; shooting death of 25-year-old Nathaniel Levi Gaines Jr reviewed (M)
Date: 30 May 1997
By EDWARD A. GARGAN
Edward GARGAN
Market Place: Hong Kong's latest fast-buck scheme reaches market and climbs like a rocket as shares of one of China's celebrated red chip companies, Beijing Enterprises Ltd, goes public and more than triples in price; just a few weeks before Hong Kong is to revert to Chinese control on July 1, phenomenon known as tulip mania is sweeping British crown colony; tulip mania occurred in Holland 350 years ago when tulip bulbs assumed staggering value, but when it became clear that tulips were just tulips, realization wrecked havoc across much of Dutch economy; early stages of tulip mania are spreading over Hong Kong; last week, frenzied investors emptied bank accounts and lined up for hours for a chance to by stock in Beijing Enterprises, which is owned by Beijing city government; red chips, as Chinese companies are known, are Hong Kong's latest tulip; red chips have recorded staggering gains for a year; index of 41 such mainland companies is up 127 percent since June 1996, the overall market 30 percent; graph; photo (L)
Date: 30 May 1997
Meridian Industrial Trust agrees to buy, in separate transactions, 86 industrial properties from Ameritech Pension Trust, a unit of Ameritech Corp, and Prudential Insurance Co of America for $358 million; purchases will expand Meridian's portfolio by 9.3 million square feet, to 21 million square feet (S)
Date: 30 May 1997
By Stuart Elliott
Stuart Elliott
Possible sale of Bozell Jacobs Kenyon & Eckhardt may be near as competitors Omnicom Group and True North Communications pursue separate acquisition bids (L)
Date: 30 May 1997
By FLOYD NORRIS
Floyd NORRIS
Toy Biz, a company at the heart of battle for control of Marvel Entertainment, has changed sides again; Toy Biz, which owns right to make toys based on characters in Marvel comic books, says it has terminated deal with Marvel bondholders; bondholders, led by Carl C Icahn, are battling for control against current management and bank lenders (M)
Date: 30 May 1997
By GINA KOLATA
Gina KOLATA
Study has found that some doctors are removing and storing sperm of men who have just died; practice, feasible for two decades, is still rare, but it is becoming more common; most of requests for dead men's sperm are from family members, and medical experts are starting to debate when and whether procedure should be permitted; study, by Dr Arthur Caplan, director of Center for Bioethics at University of Pennsylvania, and his colleagues, was based on survey of 273 infertility centers in US and Canada; centers say they know of no children who had been conceived with sperm that was posthumously retrieved; survey is published in June issue of Journal of Urology (M)
Date: 30 May 1997
Stock of First Republic Bancorp falls 10 percent after company says it is no longer exploring possible sale or merger (S)
Date: 30 May 1997
By PETER TRUELL
Peter TRUELL
Zurich Insurance Group is close to acquiring Scudder, Stevens & Clark, money management firm, for estimated $1.5 billion; big Swiss insurance company would be trying to broaden its asset management expertise and provide complement to its Zurich Kemper Investments subsidiary that would bolster that unit's performance (L)
Date: 30 May 1997
By BENJAMIN WEISER
Benjamin WEISER
Federal jury awards $37,000 to street musician Robert Turley, who said he was harassed and even arrested by police when he tried to play in Times Square and Central Park; city lawyers deny that Turley was harassed, and say police were properly enforcing rules on street noise (S)