Word: traders
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...Trader Magids has been driving an honest Arctic bargain for 20 years. It has to be honest, he explains, because Eskimos are not concerned with how far they go for their shopping. A small slip is likely to drive away a customer who came 400 miles by dog team, make him go 500 miles the next time to trade with someone else. No cash register affair, honesty in the Magids chain is a complicated matter involving as much as 15 years of credit. The Eskimos and, in Candle, the white residents bring in furs, gold, seal oil and reindeer meat...
...Trader Magids, who said last week in his Seattle hotel room that he had been "born and reared in little old New York City," was actually born 46 years ago in Vilno, Russia. At 18 he sailed from Hamburg for Candle, Alaska, to join his brother Sam, who was working in a chain of trading posts owned by Herbert Greenberg. In 1915 the brothers bought posts at Kiana and Kotzebue, started a chain of their own. Brother Boris enlisted in the U. S. Army in Wartime, thereby gained U. S. citizenship. After the War the Magids abandoned their post...
...underwent two operations, hovered for a month on Death's verge, then slowly began to recover in a Santa Barbara hospital. Meanwhile his mother, Mrs. Dorothea Livermore Long-cope, was charged with assault with intent to murder, released pending, appearance in court next week. His father, famed stock-trader, flew to Santa Barbara with his third wife, secured legal custody of his son. Last week Son Jesse walked out of the hospital, thin but well, chose to return to his mother...
Associated with Mr. Jacobs was a small, extravagantly mustached press agent named Benjamin Sonnenberg, whose tasks in the past have included making Mrs. Roosevelt a shoe saleswoman on the radio, promoting Trader Horn and the Grand Duchess Marie of Russia, urging socialites to play billiards. Promoter Jacobs and Press Agent Sonnenberg last week met five bridge players from France when they landed in Manhattan. Having beaten the masters of twelve nations at Brussels last June, the French team imagined that it and the Four Aces, winner of the Spingold, Vanderbilt and a dozen other U. S. trophies, would settle down...
When, last week, directors of Air Reduction Co. recommended a 3-for-1 split-up of its 835,000 shares, many a trader did the following problem in simple arithmetic...