Credit indemnity losses surge as business failures rise
New York report from Allen Dilworth of American Credit Indemnity Co notes 1974 insolvencies up 11 percent and dollar liabilities up 48 percent. Past due collections increased 10 percent in number and 25 percent in dollars, with January 1975 figures up 27 percent and 32 percent respectively.
MENTIONED IN THIS ARTICLE
New York
UPI
Credit Indemnity
Allen Dilworth
American Credit Indemnity Co
Baltimore
Commercial Credit Co
United Press Intrnational
Dilworth
Credit insurance firms tighten grip amid rising defaults
A late industry report pegs fire loss at 3.7 billion with up to 1 billion suspected arson. Dilworth notes slow collections push costs up and force borrowing, shrinking credit indemnity coverage. Suppliers face stricter underwriting and guidance to curb risky accounts. consumer credit is largely uninsured. The Insurance Information Institute and police have warned of more arson in recent months.
MENTIONED IN THIS ARTICLE
Dilworth
Credit Indemnity
Credit Indemnity Company
Insurance Information Institute
More officers seek early retirement
NEW YORK officers from the military and navy are increasingly retiring early and seeking jobs in industry and academia. Booz Allen & Hamilton senior VP J Robert Harman notes reduced defense spending and disillusionment drive the trend, with graduates and those aligned with civilian government finding post service options easier.
MENTIONED IN THIS ARTICLE
New York
UPI
J. Robert Harman
Booz, Allen & Hamilton, Inc
Harman
Tucson merger battle pits locals against bank consolidation
A federal decision due within two months will rule on the proposed merger of Southern Arizona Bank and Trust Co and First National Bank of Arizona. Tucson leaders Mayor Lewis Murphy and Supervisor Ron Asta opposed the plan, cautioning it would concentrate deposits and steer growth decisions to Phoenix. Bank officials argued the merger would cut costs and expand lending and services, with a written report to the Comptroller of Currency.
MENTIONED IN THIS ARTICLE
Tucson
UPI
Southern Arizona Bank and Trust Co
First National Bank of Arizona
Lewis Murphy
Pima County
Ron Asta
Asta
Murphy
Southern Arizona Bank
Phoenix
U.S. Comptroller of Currency
Progress announces four major Scottsdale Daily Progress staff appointments
Gil Johnson, 26, named news editor and previously acting editor. Liz Coup named women's editor. Cheryl Crooks named entertainment editor. Lon Miller named business and real estate editor. Johnson joins from Yuba City Daily Independent Herald and UPI. Coup is Indiana native with MSU degree. Crooks worked at Palm Beach Times and Arizona Republic. Miller NAU graduate ex Prescott Courier staff.
MENTIONED IN THIS ARTICLE
Scottsdale Daily Progress
Gil Johnson
Liz Coup
Cheryl Crooks
Lon Miller
Johnson
Oregon
University of Oregon
Yuba City
Calif
Daily Independent Herald
United Press International
U.S
Wayne Morse
The
Progress
Indiana
Michigan State University
Palm Beach
Fla
Times
Steven Meltzer
Livesn
Scottsdale
Kansas State College of
Pittsburg
University
Morton Warns of 2000 Shortages in Metals and Water Demand
U.S. Interior Secretary Rogers C B Morton warns that by 2000 America could face a starvation diet of raw metals and water without new mineral and water resources. He cites aluminum demand eightfold copper fourfold chromium 2.5 times phosphorus triple and uranium up 15 times as nuclear power grows.
MENTIONED IN THIS ARTICLE
Frank T. Martin Copley
America
U.S
Morton
Commodity Closings Roundup From London to Chicago
Today's closing commodity prices show gold up with London at 175.00 and MM Mar at 177.40. Silver at 4.42, copper closed, wheat 4.04 1/4, corn 3.0934 down 2. soybeans 5.85 down 14 cents. Cattle 33.60, hogs 39.77, pork bellies 62.20, eggs 49.4 cents, Maine potatoes 3.35, treet 120.50, sugar closed. market not yet closed on some items.
MENTIONED IN THIS ARTICLE
Babbwil
Baker Oil
Bangor Phai
Aw Bendix
Beth Steel 2A
E Black&d
Boeing
BoiseCas
Barden
Borg
Vo Bost
Branift
Ave
CBS
Me CentTel
Cerro C
Cerra Td
Br Chasem
Chris Craftava
Chrysir
SM Citicorp
CocaCol
Colgate
Fa Curtiss
Cyprus
Diebold
We Disney
Va Dow
Oravo
Sae Presser
Kimbel
Sva
Sa Bu— Knight
Krato
Vo Kresge
Lloby McNi
Lockheed A
LoewCp
LTV Corp
Ve Lykes
Macmill
Macy
Mar
Jn Mar Mid
Ve Marsh
Massey
MoayerOs
McCror McBanea
McGroi
Va McLean
Merck
Mohsco
Wat Monogram
BM Monsan
MorrsKn
Motorola
Pal
Va NorfolkWs
I. Omarkin
Owentit
Uva M
Pan Am
Panhandle
PennDix
Pennpl
London
Maine
Also Mentioned on This Page
Scottsdale (Az
Daily Progress
Dow Jones
Indus
New York Stock Exchange
AlcanAl
Am Airlines
Abrand
AmCyan
Am Motors
AmSmit
Amta&t
Ametek Ini
AMF In
Ampex Cp
Amstar
Anacad
Apeco Corp
Armco
Arms Ck
Ashinoll Wa
AdlRicht
Atlas Corp
Avco Corp
Ametine
duPont
BascoCo
Eastern Air
EsinCo
Exxon
Faberge
Vo FerroCorp
Ma Fleming
GAF Cp
Wit Gam Sk
Gannett
Wat “Va GnAill
Dynamo
Ga'Steel Ind
Gillette
Great A&p
Bette Giwsfin
Hercules
Hershey
Hewitt P
Hilton Hill Gadges
Hobart C
Howardj
Idaho
Wat Matek Corprin
Ya Jantzen
Dohn&j
Don Logn
Josyens
Joy Aigtein
KalstAl
Rapid
Safewy
StroMb
StRegis
ScottPap
Sears
SIV Va Shellow
SlecraPe
SignalCo
Tandy Corp Teledyne
Texaco
Thriftyd
Val
Twcfx
UnoCal
UN Pac
Aliroyal
UniTet
UnivsOil
Uptonn
Utah Ith
Utah PL
UV Indust
Varian
Victor CC
Walgreen
Wie
Vo Wash
WstnAr
Wa Wu
WsBanc
Wmath
Westh Et
Erenes
Whirpool
Whit Con
Nao
Whittakr Co
Wickes Co
Vet
WinnDx
Xerox CO
Zale Corp
Zayre Corp ZenithRad
Zurn Ind
Kansas
Are State University
Arizona Republic Entertainment Department
Miller
Arizona
Northern Arizona University
NAU
Western Electric
Prescott Courier
Liz Doup
Second America
Rogers C.B. Morton
Ford
Madda Trading Company, Inc
Chicago Mercantile Exchange
L.duncan Brock
J. Milton Newton, Inc
Milton Newton, Inc
North Central Avenue Financial Center
Marne
Hudress
Scottsdale _ Sunburst Hotel
N. Scottsdale Road
J. J. Milton Newton, Inc
St. Petersburg
Tampa
Miami
Ft. Lauderdale
Orlando
Jarkadinville
Houston
Jackson
Mina
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!