Word: broker
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Dates: during 1920-1929
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Years ago, a case occurred where the Exchange was not so fortunate; and the petitioning member was allowed, in the teeth of the market's authorities, to return to the floor. However, the law cannot compel one man to trade with another. The broker in question was "sent to Coventry." No one recognized or spoke to him. His bids and offers were ignored and he could do no business on the Exchange floor. After an hour or so, he gave it up and retired from the Stock Exchange as gracefully as possible. Never since that time has the Exchange...
...Stock Exchange signals predominate, since Mr. Morris is a broker, but none of his signals are used by any one except himself and three of his colleagues. Mr. Morris said that the board to which the signals are flashed was invented 20 years ago by Mr. A. Erwin, Mr. Morris' connection began 18 years ago, and he has been developing the signals over since. The board and the signals have been copyrighted, and have been sold to three of Harvard's football opponents, Dartmouth, Brown, and Holy Cross...
Besides being a broker and a signaller, Mr. Morris does practically all the announcing for athletic events in Boston. His voice never gives out, although he frequently announces five or six afternoons a week and two or three evenings. The Arena is the most difficult place, according to Mr. Morris, in which to announce. The acoustics are extremely bad and Mr. Morris, although he has announced at hockey games for over three years, has never been able to find one spot from which he can reach the entire audience...
...extraordinary fact that the silk-stocking element is often the greatest offender in whispering campaigns. It is the woman with the low-necked dress and with orchids, and it is the young broker seeking to justify his political prejudices, who lend themselves to being carriers of these scandal stories...
...position of President of the New York Stock Exchange is one of the highest and most responsible posts in American finance. It carries no salary, compels the holder largely to give up his business as a broker on the Exchange floor. This hardship has recently been lessened by allowing a partner of the Pres.dent to take care of his buying and selling duties there; this is the only case where any one not the owner of a Stock Exchange "seat" can engage in dealings on its "floor." In recent years it has been customary to reelect a new Exchange President...