Word: farr
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...have been the bane of savers -- particularly senior citizens -- who have watched their income from investments rapidly shrink away. A six-month bank CD that paid 8% interest a year ago now yields just 4.9%. "People are turning off their phones for a month to get by," laments Irene Farr, 73, a retired clerical worker who lives in a senior community in South Bend, Ind. "They just have no way to live. It's a dignified form of destitution." Moreover, the low rates that have caused such pain have so far failed to pull the economy out of its slump...
Under the fluourescent "FLO" of the Florsheim'sShoes sign was the jewellers' beautifully carvedmarble entrance; a tiny door led into a lobby withtwo brass elevators. I wanted Farr Bros., on the8th; the elevator doors opened into a slightlyancient little world completely removed from theglitz eight stories below. There were six or sevenglass and wood doors in the hallway. Next to theelevator, which had bare blue and red bulbs forits up/down signals, was a glass mail chute with abrass-embossed eagle on the slot...
...Farr wasn't in, and next door a man was veryinvolved with a ring and a five foot talloxyacetalyne blow torch, So I went down the hallto Taber Fowley, Wholesalers and Jobbers.Cardboard boxes were hanging haphazardly off rowsof wooden shelves; a huge iron safe, with goldgilt, was piled up with ragged-edged ledgers.Behind the counter was a tiny old man with a bluev-neck sweater and tufts of silver hair in hisears; he was looking through a pince-nez at abracelet...
...Farr? Old man Farr just left,I think." Heturned to his assistant, a 17-year old with astriped sports shirt and spiky moussed hair. Theyseemed to be great friends. "You seen whether theyclosed up over there...
...Apparently Farr was an irregularbusiness man; "People come and go pretty fast overthere," they warned me. The 17-year-old asked ifI'd strung pearls before: "Oh, you probably won'tget the job if you're not experienced." Theyexplained to me what went into pearl stringing,which the old man said the kid was good at--armsfolded across his stripes, the kid nodded inconfident agreement. I could hear them stilldiscussing Farr while I waited for the elevatordown...