Word: broker
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Shocked British bankers and investors last week read a bulletin written by Oswald T. Falk, member of the London house of Buckmaster & Moore. Broker Falk advised all his clients to sell all their British stocks and buy stock of U. S. or colonial enterprises. No sentimentalist, he did not even palliate his statement in the manner of the Stock Exchange Gazette (London) which declared: "Hard times get the best out of individuals and out of nations. . . . The pent-up energies of this nation will not be restrained forever...
With the cabled approval of President Hoover, 65-year-old Eugene Roy, broker, former President of the National Clearing House, was chosen to serve as temporary President of Haiti from the retirement of President Louis Borno (May 15) until a properly constituted presidential election is held "at the earliest possible date...
Norris Case. Attorney-General Mitchell went before the Supreme Court of the U. S., and appealed the famed Norris liquor-conspiracy case. Alfred E. Norris, New York broker, had ordered liquor by telephone from a Philadelphia 'legger. A U. S. District Court found him, as purchaser, guilty of conspiracy with the 'legger because transportation was involved (TIME, Oct. 14). A Circuit Court of Appeals reversed this interpretation of the Dry law. Attorney-General Mitchell asked the Supreme Court to set aside the Circuit Court's ruling which, he said, "Has made the enforcement of Prohibition laws more...
Married. Bernice, daughter of Walter Percy Chrysler, motor maker; and Edgar William Garbisch, Manhattan cotton broker, onetime (1924) West Point & all-American footballer; in Manhattan. After the wedding, the Garbisches sat down to a 30-in. tall cake in smart Sherry's Restaurant with 1,000 guests including Mr. & Mrs. Alfred Emanuel Smith, Mr. & Mrs. John J. Raskob, President & Mrs. Alfred Pritchard Sloane of General Motors Corp...
Vincent E. O'Neill, 50, member of the Board of Governors and onetime Vice President of the New York Curb Exchange explained why he was retiring. Said he: "Some years ago I asked a broker friend of mine why he was leaving the Street and he said, 'I prefer to travel on a steamer rather than in a wheel chair,' and I've never forgotten that...