Business & Finance: Fall of Pynchon

Trading on the New York Stock Exchange was sloppy. Prices floundered about aimlessly. Slowly the ticker printed out its daily 2:15 message: DELIVERY TIME. The hum of trading became slightly louder.

In the Exchange's visitors' gallery a member of the big firm of Pynchon & Co. was showing a guest the usual sights. That crowd of brokers, he explained, was dealing in United States Steel; the Big Board with its continuously flapping little number cards was the method by which brokers are called to the telephone; the little gallery below the Board was known...

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