Word: silk
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Citizens of Chicago were thus reminded that the ugly men who have supplanted the silk-hatted drivers of hansom cabs, were at war again. Policemen, whom taxi-drivers mortally hate and fear, could find no more definite clues to the burning than the likelihood that Checker cabbies had planned a mortal strategy. The sluggings, thefts, bombings, bumpings into and off, the strange noises of speedy warfare in the streets, continued in Chicago...
...away-down-south-in-Dixie list. She goes about the task with a directness arguing a magazine apprenticeship. The ever vernal poor girl-rich boy theme is introduced with legato variations. An opening scene in which an ant covered antique hinge is concealed by the ingenue, Sally, in her silk unmentionables only to be hastily plucked forth as the man, Richard Clarke, curio collector, appears for the first time, constitutes good bait for the reader. Unfortunately, the pace slows down after this...
Married. Howard Joseph Sachs, Manhattan banker & director (department stores, realty, silk); to Eleanor Burtis Saxe, staff-member of the Metropolitan Museum of Art; on Coates Island, Lake Champlain...
This establishes an opening price. But no actual trading will be done until the secretary has finished reading off the list of months, from October to April. When the "call" has been read, when a quotation has been fixed for delivery of silk in each of the next eight months, the men seated at the "ring" will begin to buy and sell. At the close of the day, the last quotations will be chalked up on a blackboard. On the following day, traders may not advance or lower these quotations (per pound) by more than 50?. Thus the exchange authorities...
Importers and manufacturers alike are among the 265 members of the new exchange. They paid between $2,500 and $6,000 each for the privilege of sitting at the "ring" and trading in silk futures Chief among them, youngest of Manhattan exchange presidents, is 37-year-old Paolino Gerli, scion of a long line of silk importers. His early training took him to Japan, where indifferent silkworms spin out 75% of the world's supply. Now he is vice president of E. Gerli & Co., largest of U. S importers, doing an annual business...