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Though brokers moaned that expenses were so high they could hardly earn their carfare, the nation's biggest brokerage house last week turned in a rosy annual report. Merrill Lynch, Pierce, Fenner & Beane (variously known to gagsters as "We, the People," "The Thundering Herd," "All This and Fenner, Too") did 9.4% of the round lot (blocks of 100 shares) trading on the New York Stock Exchange in 1948, and 12.9% of the odd-lot (less than 100 shares) business. It made a net profit of $1,704,513. This was nearly three times as much as it made...

Author: /time Magazine | Title: WALL STREET: Grass-Roots Broker | 2/14/1949 | See Source »

...most cattlemen, feeding was only one of many trying problems. On the plains there was hay in plenty-if it could be gotten to the herd. But cattle (which, unlike sheep, refuse to eat snow) were dying of thirst as well as hunger. The cold froze their eyes, feet, scrota and udders. It also threatened next year's stock-weakened cows and ewes would be unable to produce calves and lambs...

Author: /time Magazine | Title: National Affairs: Death on the Range | 2/7/1949 | See Source »

...trained eye." Meanwhile, he became a demon boxer, wrestler, rugby player. Before he got his medical degree he shipped on an Arctic whaler as naval surgeon, began the voyage by hanging a mouse on the steward's eye, ended it covered with snow and blood after charging a herd of seals with a poleax. "I just feel as if I could go anywhere, and do anything," he told his admiring mother...

Author: /time Magazine | Title: Books: The Prefabrication of Holmes | 2/7/1949 | See Source »

Here & there police and soldiers, armed with Sten and Bren guns, did their best to herd the homeless into improvised stockades to protect them from the blacks. From one stockade the panicked Indians tried to escape by jumping from a 500-foot cliff as a swarm of Zulus bore down on them screaming shrill battle cries...

Author: /time Magazine | Title: Foreign News: Bulala! | 1/24/1949 | See Source »

Spills & Falls. Motormaker Wilson is a cattle breeder (Ayrshires), and at Windrow Farms, 20 miles from Longmeadow, has the largest private herd in Michigan. He used to play a fast game of tennis, still fishes and hunts occasionally, and is a good swimmer. He gave up ice skating after breaking his hip in a fall, and reluctantly gave up riding to hounds with the Bloomfield Open Hunt after breaking his shoulder in a spill from a balky hunter...

Author: /time Magazine | Title: AUTOS: The Forty-Niners | 1/24/1949 | See Source »

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