Word: bromagen
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...Mercantile Exchange, predicts that there will be 3,000,000 by the end of the decade. Major brokerage houses are opening new commodity departments; Merrill Lynch recently started a commodity newswire. In late 1970 there were no mutual funds dealing in commodities; now there are 43. Last week Rufenacht, Bromagen & Hertz, a brokerage house, bought a membership on the Chicago Mercantile Exchange for $125,000, or $30,000 more than the price of the last seat sold on the New York Stock Exchange...
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