Word: broker
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...broke sharply (TIME, March 21), the number of odd-lot sales rose sharply. But, in general, the small investor is not an in-and-out-of-the-market speculator. Chief reason: it is slightly more expensive to buy or sell odd lots at a given price since an extra broker's commission of one-eighth of a point is charged...
...blue chips (the big investment trusts and M.I.P. usually buy only blue chips). Merrill Lynch, Pierce, Fenner & Beane, which sells more stock to small investors than anyone else, has another reason for their new shrewdness about the market. Thanks to a widespread educational campaign by Merrill Lynch and other brokers, small investors have no hesitation about going to a broker for the same information that was once available only to large investors...
...economics education on the public school level, Monroe C. Gutman '05, New York investment broker, has donated $50,000 to the Graduate School of Education for a comprehensive study of the best method of elementary teaching in the basic history of the United States government and economy...
...addition to spreading more information, brokers are going to have to do some leg work to get new customers. In the upper-income bracket ($10,000 and over) 65% of the people who have never owned stock reported that they had never been in contact with a broker, and half the adult population does not even know where to find a broker...
...British talent for murmuring graceful commonplaces. Made from a Robin Maugham novel, Line on Ginger, the picture begins when a stockbroker (Jack Hawkins), home from an afternoon of golf, surprises a burglar (Michael Medwin) in his house. The man proves to be "Ginger" Edwards, a soldier the broker commanded in his regiment during World War II-and a good soldier he was. What has gone wrong with him? The broker asks, but before he can get an answer, Ginger takes French leave.* As the broker goes from one to another of his old soldiers, looking for the fugitive, the decline...