Word: broker
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...stars as Marilyn Miller and Eddie Cantor. After leaving the Follies she took some business courses, got a job selling a financial letter in New York, married an engineer. She learned enough about the market to publish a financial letter of her own, and to be a customers' broker in several Wall Street firms before coming to Jacquin, Stanley two years ago. To General Partner Parsons, the market is just like a pretty girl. "It's like a melody," she says, "and if I can just learn the tune, I'll know what's coming next...
...Catch. Few stockholders knew just what it was all about-but Broker Arthur Wiesenberger thought he did, and he didn't like it. A specialist in investment trusts and a big stockholder in Selected himself Wiesenberger complained that under the merger, Selected common stock-holders would be 1) surrendering $1730 m dividend arrears for a mere $8 70 payoff; 2) swapping 76% voting control for 2% in the merged company; 3) missine out on a fat batch of capital gains that were not reflected by the market price of Selected. Wiesenberger began urging proxy holders to defeat the merger...
Costello was called in to testify twice, for a total of 7½ hours. He appeared dressed in the quiet good taste of a Wall Street broker, seemed in fine spirits (his briefcase, he told reporters, contained nothing but "two bottles of whisky and a pair of pajamas"), and acted as though he had just dropped in to see some old pals. The Senators were equally polite. Committee Counsel Rudolph Halley let it be known that Costello was "a good witness," said he had given information on a dozen politicos of both parties, which was "full of meat...
Last week dusk had shrouded the flatlands as the Pennsylvania's 5:10 express (the Broker) pulled out of Jersey City, crowded with standees. Veteran Engineer Joseph Fitzsimmons roared through a light ground fog. Ahead of him lay a spur. It was newly installed, had been opened only that afternoon. It swung gently off to the right, crossed a temporary trestle over an underpass, then paralleled the regular track to allow for construction of a new bridge for the Jersey Turnpike project...
Snapped Like a Whip. The Broker hit the spur at 5:43. The first cars lurched wildly. Just past the trestle, the steam locomotive toppled over on its side. There was a thunderous crash. One after another, the cars smashed ahead, tumbled down the embankment in a tangle of steel, slicing glass and mud-hurling bodies from their sides like maggots...