Word: broker
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...investor must usually put up a minimum of $1,500 to $2,000 to buy a "parcel" of raw new spirits that his broker has bought from a Scottish distiller. In return, he gets a receipt from a bonded warehouse in Scotland giving him title to the whisky and bills for storage and insurance costs. After waiting out a three-year aging period specified by British law, he tries to sell his whisky to blenders who run short, or to other investors...
...year living it up. Then he married a Vietnamese girl, and his goals changed. Since last summer, he has worked for $400 a month as a consultant to Saigon's Ministry of Finance, helping set up the country's first securities market. Munroe, who was once a broker in Beverly Hills, is convinced that overseas investment in Viet Nam is about to take off. "By 1975, there should be a rush to invest," he says, "in everything from rice, fruit and fish to rubber, timber, molybdenum and oil. There are tremendous long-range business opportunities...
...growth seems most dramatic among "respectable people." A Wall Street broker keeps coke in his wall safe. A New York advertising firm is said to impress clients by giving out small samples. A Hollywood film editor says that some movie and record companies pay for the stuff out of their operating budgets because "people won't work without their wake-up calls...
...that the limitations are a dead letter. GSD films plans to show "Slaughterhouse-Five" next year (which complies with the two-year guide "Cabaret," (which will not). And the educational" criterion is even less of a hindrance. GSD, for example, showed "Little Big Man," "Putney Swope" and "The Pawn-broker" under the general educational theme. "Social adaptation to a changing environment...
...Adeline M. de Neufville, of West Hartford, Conn., was startled by the proxy statement from Security Pacific Corp., a West Coast bank holding company in which she and her broker husband own a few hundred shares. The statement seemed to say that over the next ten years company officers proposed to give themselves Security Pacific shares worth nearly $16 million at current prices, and the men who got the shares would not have to pay a cent. After her husband Lawrence assured her that that really was what the proxy statement said, the De Neufvilles began getting in touch with...