Word: portlanders
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Dates: during 1980-1989
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...TALK BUT I HATE TO INTERRUPT GROUCHO. I SPOKE IN PUBLIC LAST YEAR IN PORTLAND WHEN I ASKED FOR A RAISE IN SALARY BUT I DON'T THINK ANYONE HEARD ME. I MAKE A PRACTICE OF SPEAKING EVERY TIME CHICO MAKES A GRAND SLAM. SO YOU CAN LOOK FOR ANOTHER...
...Bank of Danvers, the only bank in town, with 2,560 accounts and about $11 million in deposits, was declared insolvent by federal authorities and shut down until new owners could reopen it under another name. That same day 2,000 miles away, the Oregon Mutual Savings Bank in Portland also closed its doors before being taken over by an Idaho holding company. The bank had seen its net worth fall nearly 20% in just six months. Said President Jack Goetze: "Without a capital infusion, our net worth would have been seriously impaired in another ten months...
...still stands. But his Ridiculously Small Boat celebrity vanished in only two weeks, when Bill Dunlop, 42, a former truck driver from Mechanic Falls, Me., bobbed into the harbor at Falmouth, England, in Wind's Will, a teapot just over 9 ft. long that he had sailed from Portland. The two became friends, but McClean was not having second best; he told Dunlop that he would chain-saw several inches from Giltspur and sail the Atlantic again...
Giltspur could diminish even further; its owner is only 5 ft. 6 in. tall, and he still has his chain saw. But Dickinson is not rushing to challenge the record. Dunlop, meanwhile, could not be bothered about such trifles. Three weeks ago, he left Portland, Me., to sail Wind's Will around the world. He said he would be back some time in 1986, although he would not say just when. "I might be a day or two late," said Dunlop. "I don't want anyone down on the dock waiting...
Thomas Hicks has abandoned his commercial photography business in Portland, Ore., to devote himself to trading them. Webb Williams, Exxon Corp.'s trust fund manager, spends an increasing portion of his time investing in them for his company. So does Charles Stevenson, who operates his own New York-based money management firm. Venturesome traders across the U.S. are turning an esoteric-sounding new way of investing money into one of the hottest and fastest-growing ways to cash in on the bull market: stock index futures contracts. They are akin to commodities contracts, but on nothing so tangible...