Word: brokering
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Last week the jittery community suffered a further shock. In Meridian Hills, wealthy food broker Herschel Burney came home one night, found his 39-year-old wife, Mary Lois, dead on a bed, her face half blown away by a shotgun blast. Her murderer got away...
...Broker's Tip. New York Stock Exchange members decided that commissions on stock transactions will henceforth be charged on money volume rather than on a per share basis. Estimated increase in commissions: 20%. Brokers have been doing none too well this year while the market has drifted in the doldrums. But in October it picked up to 28,634,629 shares, the year's best...
...truck gave the car a push. At 20 m.p.h., the engine coughed and then settled into a steady roar. At 140 m.p.h., Cobb shifted into second gear, into high at 240 m.p.h. About halfway down the 14 mile course he entered the measured mile. Cobb, a London fur-broker, had spent over $30,000 to try to break his own 1939 land-speed record (369.7 m.p.h...
...Scare. The Chicago Mercantile Exchange was impressed. It raised margins on butter trading by 66%, on eggs 25%. Many a grain broker privately ordered his customers to post higher margins. But the grain-exchange officials took no heed of Mehl. Board of Trade President J. O. McClintock said firmly: "A margin fixed at an extreme limit is likely to throw . . . the market out of gear...
...established. While all the American republics see eye to eye on the general nature of the defense treaty, Argentina has an important reservation. She wants the right to veto collective action. On that issue, Fernandes will have a chance to fulfill Brazil's traditional role of honest broker...