First of America Bank Corp. said it completed its acquisition of Midwest Financial Group Inc. for about $250 million. First of America, which now has 45 banks and $12.5 billion in assets, announced an agreement to acquire the Peoria, Ill., bank holding company in January. Midwest Financial has $2.3 billion in assets and eight banks. The Midwest Financial subsidiary banks will continue to operate under their current names until early 1990, when each will adopt the First of America name. Kalamazoo, Mich.-based First of America said it will eliminate the 13 management positions of the former Midwest Financial parent company. First of America said some of the managers will take other jobs with First of America. But it said that severance payments to those executives not staying with the company will reduce First of America's operating results for 1989 by $3 million to $4 million, or 15 cents to 20 cents a share.

Why will The Midwest Financial Adopt a new name

PHOTOGRAPH COLLECTING gains new stature as prices rise. Price records are being set at auctions this week. At Christie's, a folio of 21 prints from Alfred Stieglitz's "Equivalents" series sold for $396,000, a single-lot record. Other works also have been exceeding price estimates. In part, prices reflect development of a market structure based on such variables as the number of prints. This information used to be poorly documented and largely anecdotal, says Beth Gates-Warren of Sotheby's. "There is finally some sort of sense in the market," she says. Corporations and museums are among the serious buyers, giving greater market stability, says Robert Persky of the Photograph Collector. "When I see prints going into the hands of institutions, I know they aren't going to come back on the market." Most in demand: classic photographs by masters such as Stieglitz and Man Ray. But much contemporary work is also fetching "a great deal of money," says Miles Barth of the International Center of Photography.

How many of Alfred Stieglitz's prints sold at a record price?

Temperate climates have moderate temperatures. These climates vary in how much rain they get and when the rain falls. You can see different types of temperate climates in Figure 2.40. Mediterranean climates are found on the western coasts of continents. The coast of California has a Mediterranean climate. Temperatures are mild and rainfall is moderate. Most of the rain falls in the winter, and summers are dry. To make it through the dry summers, short woody plants are common. Marine west coast climates are also found on the western coasts of continents. The coast of Washington State has this type of climate. Temperatures are mild and theres plenty of rainfall all year round. Dense fir forests grow in this climate. Humid subtropical climates are found on the eastern sides of continents. The southeastern U.S. has this type of climate. Summers are hot and humid, but winters are chilly. There is moderate rainfall throughout the year. Pine and oak forests grow in this climate.
What are summers like in humid subtropical climates?