MEMO

A number of speakers, including three state lawmakers -- Sen. Peter Kinder and Reps. Mary Kasten and David Schwab -- will be on the "Risk Management for Small Business" program Friday at Drury Lodge.

The seminar, for persons interested in business growth with minimum risk and cost, will run from 7:30 a.m. to 11:45 a.m., and is sponsored by the Small Business Committee of the Cape Girardeau Chamber of Commerce, Missouri Small Business Development Center and University of Missouri Extension.

Other speakers and topics include Ken Myles, who will discuss "Risk Management Liability Insurance;" T. Ronald Hahs, "Business Life Insurance Planning;" Roger Idel, "Retirement Planning of You and Your Employees; Jack Knowlan and Lawrence Kasten, "Workers' Compensation; and Kurt May, "Legislative Health Update."

Cost of the seminar is $20. Additional information is available by contacting Joe McKeon, 335-0187.

Southwestern Bell Mobile Systems has announced an expanded home-calling area that enables its St. Louis customers to place and receive local cellular calls at airtime rates while in Kansas City, central Illinois and surrounding communities.

"The new home-calling area means savings for mobile system customers because it eliminates the daily roaming charges and roamer rates," said Frank Boyer, vice president and general manager of Southwestern Bell Mobile Systems.

Bell Mobile Systems now provides coverage at home rates over more than 50,000 square miles, including areas in Cape Girardeau, Sikeston, Rolla, Lake of Ozarks, Jefferson City, Kansas City and the central Illinois cities of Springfield, Bloomington, Quincy, Champaign and Decatur. Customers can take advantage of the home airtime rates immediately in Kansas City. Home rates will be extended to central Illinois June 1.

Southwestern Bell Mobile provides wireless communications to more than 2.2 million customers in 54 U.S. markets.

Fox 23 KBSI Television and Taco Bell are teaming up for a "Dreams Do Come True" Log-Built Home Giveaway.

The log home, built by Berry's Beaver Log Homes of Fredericktown, is valued at more than $80,000, and will be on lakefront property in Turkey Creek Lakes Resort at Loundes, Mo. The home is fully furnished and ready for occupancy.

Viewers enter the contest by filling out forms available at local Taco Bell restaurants and mailing them to Fox 23 KBSI. Names of potential winners will be announced by KBSI five nights a week. If the named viewer calls the KBSI winner hotline within 23 minutes, they win a $25 Taco Bell gift certificate and a key for the chance to win the house.

The prize will be awarded May 22 to the person who has the door-opening key.

Venture Stores Inc. has announced the roll out of TasteWorks, its own private label food line.

TasteWorks products -- fruit juices, cookies and nuts -- are already on the shelves of Venture's 104 stores. The fruit juice line includes cranberry, grapefruit and apple juices; cookies include devil's food, fudge graham, oatmeal raisin and chocolate chip; and nuts include dry-roasted peanuts, cocktail peanuts, whole cashews, sunflower seeds and mixed nuts.

Venture Stores, based in St. Louis, is a regional chain of discount stores that sell a wide variety of name-brand merchandise. The company had sales of more than $1.8 billion in fiscal 1993, and has 104 stores in nine states, including the Venture store in West Park Mall.

Scheduled airline service has resumed at Southern Illinois Airport near Carbondale for the first time in five years.

Midway Connection is beginning four flights per day from the airport, serving Springfield and Chicago's Midway Airport. The airline will fly 19-passenger planes on the route.

Airport manager Gary Schaffer said negotiations have been going on for two years to bring Midway Connection to the airport.

Airline officials said the last company to operate from Carbondale to Springfield carried 20,000 passengers a year. Midway Connection also serves Mount Vernon's Outland Airport.

Procter and Gamble Co.'s earnings fell 4 percent during its third fiscal quarter ended March 31.

The company earned $482 million, or 66 cents a share, down from $502 million, or 70 cents a share, for the same period a year ago.

Revenue was up 1.2 percent for the quarter, to $7.44 billion, from $7.35 billion a year ago.

The earnings loss was attributed to a big investment loss on two interest-rate swap contracts. Without the investment loss, the company said earnings would have been up 16 percent.

KANSAS CITY - Missouri's fourth-largest banking company has changed its name from United Missouri Bancshares Inc. to UMB Financial Corp.

The name was changed Thursday after approval by shareholders. The change was designed to reflect that the $6.5 billion company serves a broader area, operating 30 banks in Illinois, Missouri, Kansas and Colorado.

"UMB Financial Corp. is a strong name that can help us illustrate our ability to serve all communities, no matter in what state that community might be located," said Chairman R. Crosby Kemper Jr.

The company said it earned a record $13.3 million in the first quarter, a 41 percent increase. Alexander Kemper, president of the holding company's flagship bank in Kansas City, attributed the increase to "tremendous growth in our commercial loan business."

Also, the company acquired 12 Kansas banks last year, boosting earnings in the quarter by $1.7 million.

Boatmen's Bancshares reported profits were up 8 percent in the first quarter, while earnings per share rose 6.5 percent over the level of a year ago.

Net income was $85.6 million, up from the $79.2 million of the same period in 1993. Earnings per share were reported at 82 cents, up from the 77 cents of a year ago.

Chairman Andrew Craig said the first-quarter results were ahead of expectations. "We are increasingly confident that recent loan growth trends will continue, and we remain optimistic about the earnings outlook for the year," he said.

Boatmen's, the largest bank based in Missouri, has branches in Cape Girardeau and Jackson.

Roosevelt Financial Group Inc. reported a 27 percent jump in net income during the first quarter. Roosevelt, based in Chesterfield, earned $9.3 million in the quarter, compared to $7.7 million during the same quarter a year ago.

Per-share earnings jumped from $1.24 a year ago to $1.51 in 1994.

Roosevelt has a branch in Cape Girardeau.