Word: lynch
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...That was at 2:30 p.m. At 3:30, the bloody details were known throughout the South, as well as in Malaya, the Philippines, the Dutch East Indies, and the islands of the Pacific. With a Japanese broadcast to the colored peoples of the world, the American institution of "lynch law" had become a deadly enemy of democracy in a very real as well as in a theoretical sense...
...educational conversion of the South would take much longer than the available time, which is nil. But some temporary relief may arise from anti-lynch petitions, like that which the Harvard Inter-Race Council will circulate tonight in an open meeting in the Lowell Junior Common Room. We cannot afford to let the lobbies, campaigns, and popular waves of indignation continue their peace-time feebleness into...
Like a diamond in a coal bin this week glittered the annual report of Merrill Lynch, Pierce, Fenner & Beane, biggest of all Wall Street brokers (TIME, Aug. 4). Although the security business is awful, Merrill Lynch, which lost $308,000 in the last nine months of 1940, earned a smacking...
...nurser of secrets, Merrill Lynch used most of a handsome 20-page report to tell Wall Street about its success. Its 29,886 new customers last year pushed M.L.'s total to 70,000 active accounts whose buying & selling amounted to 8% of all New York Stock & Curb Exchange transactions. M.L.'s commission: around $3,500,000. Another $4,000,000 came from commodity and underwriting business. The rest of M.L.'s $8,657,000 gross was interest income...
...Guard brokers still think of Merrill Lynch as a lucky upstart, resent its flashy merchandising methods, stick to their traditions of not publishing any annual reports at all. But none of them sneered at M.L.'s profit figures...