Word: crawfords
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...July Crash (TIME. July 31). Stock and grain prices rebounded, then shuffled off in a secondary reaction as exchange offi cials prepared for resumption of normal trading. The Chicago Board of Trade retained limits on daily fluctuation but removed the minimum prices established when Edward A. ("Doc") Crawford was suspended for insolvency. Banned from the pit forever were all dealings in in demnities (options on grain futures contracts, generally regarded as pure gambling). The New York Stock Exchange voted to lengthen its short sessions into the full five-hour trading day, but in mercy to frazzled brokerage house clerks, whose...
...Wall & La Salle Streets were busy -doing their best to raise a New Deal plunger to the stature of Chicago's old-time giants. From the moment that it was whispered that Doc Crawford was the plunger whom Secretary of Agriculture Wallace shamed as largely responsible for the crash in grain prices, the Crawford legend grew like a puffball. Last week auditors were plowing through the books in his tiny office at No. 60 Beaver St., Manhattan, trying to find out just where the secretive little onetime physician stood. Few believed that Doc Crawford was a ruined man. Though...
Meantime the Press added these paragraphs to the Crawford legend...
...Vines and Allison were "over-tennised." John Tunis who goes abroad every summer to cover tournaments for the New York Evening Post said before the matches started that playing in Australia last winter had been bad for Vines, without explaining why it had not hurt Australia's Jack Crawford who beat Vines in the Wimbledon final. Said shrewd René Lacoste: "Certainly Vines could have been better but account must be taken of the way Austin maneuvered him around the court...
When the Board of Trade opened, barley dropped the full 5? allowed but other grains rose slowly. More interesting than prices to Board of Trade brokers was the suspension of E. A. Crawford & Co. for inability to meet commitments...