Word: yorke
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Dates: during 1930-1939
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Franklin Roosevelt's first job was as clerk in the Wall St. law offices of Carter, Ledyard & Milburn, but that firm is prouder of the fact that in its 55 years as counsel to the New York Stock Exchange, it never lost a case. Neither fact, however, moved the Stock Exchange's Acting President William McChesney Martin Jr. and the "Reform" party. Their new brooms are sweeping out the "Old Guards" of ex-President Charles R. Gay who were uncompromising toward SEC. Roland Redmond, senior Carter, Ledyard partner, was a great & good friend of Richard Whitney...
...Morris "a coming blue chip." Cynical tobacco stock specialists, however, were still unconvinced. Noting that more than two-thirds of Philip Morris sales are urban, they wondered whether, with its sophisticated slant, it would ever have truly national appeal. And they shook gloomy heads over the action of New York City (where Philip Morris sells one-fifth of its smokes) in imposing a 1? a package cigaret tax two months ago. Other cigaret companies could pass this on to the consumer. Philip Morris to maintain its fixed price policy must either absorb the tax or reduce its famed dealer profit...
...descendant of Daniel Boone, a newspaperman who has worked in Honolulu, New York, the Dutch East Indies, Author Robertson called his family chronicle Travelers' Rest. When Northern firms turned it down he organized the Cottonfield Publishers with two friends, brought out the book at a cost equal to the price of "19 bales of eight-cent cotton." An honest, spotty book. Travelers' Rest traces the violent history of an old Southern family through their fights with nature, the neighbors, and each other, shows old pioneers with their buckskins off and their coonskin caps hanging from the wrong hatracks...
...best-selling novel usually outsells a best-selling work of nonfiction, two to one. Last month Lin Yutang's philosophic miscellany of Chinese wisdom, The Importance of Living, was the only book that sold equally well in New York City and San Francisco, in Chicago and Dallas, Tex. And although its total sale fell slightly short of Marjorie Kinnan Rawlings' The Yearling, it was head and shoulders above rivals in its own field, and the only work of non-fiction in the past season to sell on the scale of best-selling novels...
...books begin to sell in Manhattan and Boston, then become popular in Chicago, often become best-sellers in cities of the West and South after their Manhattan popularity has dwindled. Ten percent of all books sold in the U. S. are sold in New York City and its leading favorite outsells the headliner of Boston, Chicago, Los Angeles, Cleveland, Pittsburgh and San Francisco combined. Thus a new novel like Howard Spring's My Son, My Son!, now leading the field in New York City, has just begun to sell in the West and South, although its total sale...