Word: portlands
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...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...
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...
...lobster and steamers were tasty, and the ban on alcohol at Fort Williams Park was relaxed so the nation's Governors could enjoy beer and wine. Still, there was a bigger reason for the rare harmony that pervaded the National Governors Conference in Portland, Me., last week. Democrat and Republican alike, most of the state executives are being forced to raise state taxes and cut services, partly because Congress and the Reagan Administration refuse to do the same thing at the federal level, and that is not their preferred mode of governing...
...Portland...
...city of Dallas estimates that less than 50% of some 10,000 teen-agers looking for work will find any this summer. Already a record number of teens have signed up with the city's summer-employment program. Says Barbara Blackburn, coordinator of the summer-jobs program in Portland, Ore.: "The need is great; it just breaks my heart...