Word: broker
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...suit brought against Film Actress Claire Windsor by Marian Read in Los Angeles for alienating the affections of Broker Alfred C. Read Jr. (TIME, Sept. 25): decision by Superior Judge J. P. Sproul that the jury's award of $75,000 against Actress Windsor "was so grossly excessive and unreasonable as to raise the presumption of passion and prejudice." He ordered a new trial...
Bather In White Plains, N. Y. court J. Bruce Thompson, North Carolina cotton broker, demanded release from the insane asylum to which his brother had had him committed, was asked by the judge: "Isn't it true that at one time you tried to take a bath in corn whiskey?'' Replied J. Bruce Thompson: "I reckon I did try to do that in one of my more debauched moments...
...estimated to be as high as $100,000 a year. He is regarded as a shrewd businessman, has been a director of New York Life Insurance Co. for 18 years. Two years ago Dr. Butler closed out a brokerage account of some $300,000 on which he owed his broker $126,000. He borrowed the $126,000 on an unsecured note from Harriman National Bank & Trust Co., at the same time depositing his securities with the bank for safekeeping, not as collateral. The bank's president, his friend Joseph Wright Harriman, took the securi ties and, without Dr. Butler...
...shares at $31, thus filling only 1,500 of the buy orders, not 3,500 shares as he could have done. Presumably those people whose orders went unfilled had to pay higher than $31 to get their stock. Likewise while the specialist in American-La France & Foamite, Broker LaBranche, aware that there were orders to buy large blocks of stock, had guided his personal trading accordingly. The firm of LaBranche & Co. was not affected by its senior partner's fouled casts...
...Manhattan. Month ago Arthur S. Jackson, senior partner of Jackson Bros., Boesel, who managed their Chicago office's grain commission business (largest in the U. S.), died in Manhattan. Thus Jackson Bros., Boesel plans to become simply a Manhattan brokerage firm, passed on the title of biggest grain broker to Winthrop, Mitchell...