Word: fenner
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Dates: during 1940-1949
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Backyard Lode. Even Wall Street had a bonanza: the Exchange's biggest firm, Merrill Lynch, Pierce, Fenner & Beane struck gold in its own backyard. From a modest net of $147,000 in 1942, when it was desperately stripping ship to sail out of the market doldrums, Merrill Lynch kited its profits 33 times to $4,854,000. To do that, Merrill Lynch had to buy & sell $3,000,000,000 in securities and commodity contracts. The profits will not be long in pocket. Taxes, which are not computed in the net-Merrill Lynch is a partnership and taxes...
...granite precedent was shattered, a male stronghold crumbled, and stock trading was enlivened last week when a woman went to work on the floor of the New York Stock Exchange for the first time in 150 years. She was good-looking, young (18), auburn-haired. But Merrill Lynch, Pierce, Fenner & Beane - the brokers she represented-guarded against too great a panic by garbing her plainly in a tannish gabardine uniform. Even so there was excitement, and will be more. For Helen Hanzelin, until three months ago a junior in Long Island City's Bryant High School, is only...
...Miss Fenner long ago gave up trying to explain to her youngsters why Tom Sawyer is a good book and Tom Swift not. She just makes the good books sound interesting so that the kids start reading them. To introduce Uncle Tom's Cabin, she tells her children that it started a war. When a seven-year-old demands "a good murder mystery," Miss Fenner suggests Freddy the Detective: it generally turns out to be just what he wanted, though it has no murders and Freddy is only a pig. Titles, says Miss Fenner, are important...
...Miss Fenner has no must list for child reading, observes: "When you come right down to it, there are precious few children's books that one couldn't live without." Still favorites, says she, are Tom Sawyer, Black Beauty, Pinocchio, Treasure Island, Grimms' Fairy Tales. But many modern stories are popular...
...Miss Fenner recommends as "good books to read aloud in family groups": Hugh Lofting's Story of Doctor Dolittle, Margery Bianco's Street of Little Shops, Walter Brooks's To and Again, Kenneth Grahame's Wind in the Willows, Howard Pyle's Robin Hood and Wonder Clock, Arthur Chrisman's Shen of the Sea, Stephen Benét's Book of Americans...