Word: transaction
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...explorer's back. Bill had not known his wife could take shorthand, because he had never met her (except for a few minutes before a football game) until the day they were married. He had called her by long-distance telephone at her home in Attleboro, Mass., to transact some other business, ended by asking her to marry him. As for the interview, Stefansson later wrote Bill a letter and said it was the greatest piece of reporting he had ever seen...
...French paralysis of industry and trade continues to grow. It is a situation which abounds in paradoxes. The greatest of them all, of course, is the fact that the strike is intended to force the hand of a newly-elected Leftist government which was placed in power to transact many of the specific measures demanded by the strikers...
...insure to investors protection comparable to that provided ... in the case of national securities exchanges," Congress gave the Securities & Exchange Commission exceedingly broad authority to regulate the country's over-the-counter markets. These markets are operated by some 5,000 securities dealers who transact an annual business variously estimated to be from 50% to 300% larger than the total volume handled by all U. S. stock exchanges. Two prime characteristics of this huge market are that nearly all business is done by telephone and that no one knows much about it. Last year, having established control over stock...
...cannot force a holding company to register but Title I of the Act states that "after Dec. 1, 1935, unless a holding company is registered . . . it shall be unlawful for such holding company, directly or indirectly" to transact normal business. Maximum fine for each violation: $200,000. SEChairman James McCauley Landis has made registration easy, insisting that filing will not impair the powermen's right to challenge the Act's constitutionality at a later date. Last week in a final effort to woo the industry under the wire Chairman Landis offered to accept "conditional" registration which would...
Broker Pierce is a hardworking, handsome, kindly man whose life and love is his company. His genius for absorbing other people's businesses gives his partners plenty to do. The four or five who mill around the New York Stock Exchange floor could never transact all their customers' business on a busy day. Four more are locked in a cashier's cage all day signing checks and certificates. Others buy and sell commodities. Curb shares. Those who do not have offices congregate in a great partners' room filled with rolltop desks. But even the oldest employe...