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...site. Centre of grain trading for 44 years, the old building has seen trading in eleven billion bushels of "cash" grain, amounting to 6,000,000 full freight cars. Here P. D. Armour, Joseph Leiter, James A. Patten and many another operator became famous. Here Arthur Cutten, prominent in Wall Street's late bull market, took the title of Corn King from J. Ogden Armour. Here "Old Hutch"-P. B. Hutchinson-ran the price of wheat from 89¾? a bushel to $2.00, then watched the market collapse to 60?. Present value of a Trade seat...
...success of the new organization depends largely on the past and future prowess of C. Francis Jenkins, who invented "the first practical motion picture projector," and whose laboratories have recently been devoted to televisionary experiments. The announcement of the new capitalization came at a time when Wall Street was talking of nothing but the break in the market and made therefore less stir in financial circles than it would have a week before...
...these enterprises are connected with Wall Street. Biddle, along with social register companions, was accused only a fortnight ago of sharing with Mayor Walker a plot to convert the dismal restaurant which now sits like a spider, webbed with paths, at the centre of Central Park, into a civic banquet hall, thus encouraging patronage and improving the circumstances of the waiters who are employed there by the present lessee, Theatrical Zitell...
Such escapades have made Anthony Joseph Drexel Biddle Jr. popular but they have not, naturally, made him considered a financial authority. While other sound names- Charles G. Dawes, Victor C. Bell, Harris Hammond - were listed on the Jenkins directorate, Wall Street wondered why, if television were now an immediate commercial possibility, General Electric Radio, or some other established power had not helped to back it. There appeared to be, however, a friendly alliance with de Forest of which young Biddle is also chairman...
...John Smith, U. S. citizen, decides that he may as well collect some of the easy profits available on Wall St.'s bull market. From the bank he draws his life savings of $15,000. A study of margins shows him that with this $15,000 and a friendly broker he can purchase $150,000 worth of stocks. From a study of market news he picks any five stocks which seem to be favorites of the bull operators. For example: Curtiss Aero, International Harvester, Montgomery Ward, Radio, Victor. So Speculator Smith speculates in 100 shares of each of these...