Word: lynch
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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...
...Merrill Lynch boosted its business by going after the small investor in its 98 offices throughout the country. Just how well it did its job was shown by the geographical breakdown on its business. The Eastern states (New York, Pennsylvania, New Jersey and New England) contributed 22.7% of the total security and commodity business; the Southeastern states, 22.1%; the Middle West, 20.5%; the South Central, 17%, and the Western states...
...game that slowed down often, wingman Rip Lynch, back from a long illness, knocked over Bruin skaters with his fast, scrappy playing. He also shot in one of the four pucks...
Goals: First Period-Hatch (H) (Harris), 6:45; Lynch (H) (Timpson), 9:08. Second period-Harris (H) (Snelling, Kollegian) 3:42; Murphy (B) (Gubbins, Wheeler), 5:03; Harris (H) (Hatch, Kollegian), 6:01; Gilbert (B) (Wheeler...
...Lynch will be back in his usual right-wing slot with Fred Koch and Bill Timpson. Even though the line is rusty, it now will have its strong right flank and complete balance...