Doc Wright Retires for Third Time from Progress Staff
Willard B. Doc Wright, 67, retires for the third time after a 10 year run as assistant publisher and advertising director of the Progress. His career spans ownership of Phoenix Sun, promotion work at The Arizona Republic, Oklahoma City Times, Des Moines Register Tribune, and Chicago Sun. He plans to continue independent publishing and adverting work while overseeing the Wright millions investments if needed.
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Willard B
Doc) Wright
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The
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Chicago Sun
Stock market declines again in midafternoon trading
New York stocks weakened again as the Dow Jones industrial average fell to 973.08 by 2 p.m. after a brief mid session rally faded. Declines outnumbered advances by more than 3 to 2 among NYSE issues as light trading continued and bargain hunting attracted little support.
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NEW York
New York Stock Exchange
Commodity closings from Madda Trading Co
Closing prices for gold silver copper wheat corn soybeans cattle hogs pork bellies eggs potatoes plywood cotton sugar and related futures. May potato and May cotton show notable moves with prices listed and market status noted as not closed.
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Maine
Agriculture in sound shape amid peacetime finance
New York AP report cites farm real estate valued at 423 billion dollars with 51.9 billion debt at year start as proof of solid condition. Walter Penn of Equitable Life Assurance says farmers are top notch businessmen worthy of credit and Equitable holds 1.1 billion in farm loans.
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New York
Executive
Philodendra
Walter Penn
Equitable Life Assurance Society
Equitable Prudential lead farm lending growth since 1912
The farm loan market has expanded from tentative 1912 loans to 25 000 loans in 47 states with 2 445 billion in total loans. Insurers Equitable and Prudential dominate while total industry commitments reach 7 billion. Penn notes farm earnings and lending safeguards amid land price volatility and 25 percent down payments.
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Minnesota
Bank Women to Meet in Joint NABW Arizona Session
North Central Arizona and Southern Arizona NABW groups plan a Saturday meeting at Camelback Inn with Tucson and Phoenix members gathering at 10 a.m. for coffee, 10:30 a.m. business, 11 a.m. program, and 12:30 p.m. lunch. The event combines two NABW annual events and includes the Ladies of the Legislature program inviting all female state legislators.
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