Word: stocked
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Dates: during 1940-1949
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Public Record. As a prosecutor, he piled up an imposing list of convictions: Irving ("Waxey Gordon") Wexler (income tax evasion); "Lucky" Luciano (prostitution); Jimmy ("The Honest Blacksmith") Hines (Tammany graft); ex-Stock Exchange President Richard Whitney (grand larceny). Along with the bigwigs, he put away scores of smaller fry in the policy, loan shark' and extortion rackets...
...week long, stock exchange traders watched the ticker for some sign that the previous weekend's sudden spurt in both prices and volume of trading (TIME, March 29) indicated the long-awaited break in the 22-month-old bear market...
...spirit was high at the start, as wit Victor Borge dashed in from shows at the Copley and Statler to regale the Freshmen with some of his stock Danish patter and piano playing. Much amused by flying programs, flashing cameras, and beer-serving waiters, Borge supplied the only hush of the opening act when he performed novelty arrangements of the Blue Danube and Polonaise...
Though Bank of New York stock was selling at $360, slightly more than one-third the value of Fifth Avenue stock ($960), the merger calls for four shares of New York stock for every one of Fifth. Result: in a day, Fifth Avenue stock jumped to $1,350. The Bank of New York was willing to offer this $2,300,060 windfall to Fifth Avenue stockholders because it wanted to get its uptown locations...
Panics & Pestilence. The excitement of the stock flurry was mild compared to some that the rockbound, conservative Bank of New York has had since it was founded by Alexander Hamilton. It was the first bank in the then small (pop. 23,000) city of New York. Its immediate success brought two more banks-and worries-for Banker Hamilton. "'Tis impossible," he wrote in 1791, "but that three great banks in one city must raise such a mass of artificial credit as must endanger every one of them, and do harm in every view...