Word: grafton
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...punchdrunk and nearly broke to cheer when the ticker tape stops moving. But last week such an intermission was welcome to the Street. The market turned on its side (at around 115 on the Dow-Jones industrials average) and lay still. Wrote New York Post Columnist Samuel Grafton: "The 'better technical position' assumed by the investor consists of his lying flat on his back in the gutter with one foot on the curb, his eyes closed and his mouth open. In this position he neither buys nor sells, and so is described as 'steadier...
Instead of golden thrones on a dais, there was a Leap Year Birthday Cake four feet six in diameter, with 196 candles. Instead of the Royal Family, patrons (and arbiters) were the Duchess of Grafton, the Marchioness of Reading, Lady Lawrence, Mrs. Winston Churchill and Lady Duncan. Instead of being on the Crown, as at Buckingham Palace, the party cost each of the 1,100 guests a matter of 32 shillings sixpence ($6.37). And to emphasize that Britain is grimly at war, men not in uniform committed what in peacetime London would have been the most unpardonable faux pas-instead...
Sixty post-debs of '39 and earlier vintages came in brightly colored ball dresses, but the '40 debs wore demure Court gowns of white. Two ventured crinolines, Lady Cecilia Fitzroy, cousin of the Duke of Grafton, Miss Mary Philippa Gary, niece of Viscount Falkland. Since Britain is bent on making this a democratic war, privates in uniform did not have to stay off the dance floor, as in 1914-8, twirled about the Great Room of the Grosvenor on a social par with their officers. With healthy appetites, debs and escorts gobbled large slices of the vast cake...
...with her own café society group, including the orchidaceous Marquesa de Casa Maury and brilliant carrot-haired Editor Brendan Bracken of The Banker. Spotting "Winston," the whole party livened up, everyone sang For He's a Jolly Good Fellow, and at midnight the Duchess of Grafton permitted something about as daring as has ever been seen at a top-drawer Mayfair ball. Each of the young men, fine apple-cheeked lads mostly and quick to blush, was given a Leap-Year favor which he had to decide on the spot to wear either red side out or green...
...School has 24 full-time teachers for its total of 380 students (Harvard has 31 for 1,400 students). Yale law students get individual instruction in small classes, have as teachers such topnotchers as Arthur Linton Corbin, Edwin Borchard, James Grafton Rogers (until recently they also had William Orville Douglas, now a Supreme Court Justice, and Thurman Arnold, now Assistant U. S. Attorney General). Average age of Yale's faculty is 43, of Harvard...