MARKETS: Innocent Abroad

Hugo Loeser, a 57-year-old liquor importer from Chicago, went sightseeing in London's City (financial district) last week. Coming upon what he took to be a busy broker's office, he stepped in to have a look at stock quotations. The hubbub of voices steadily increased, so did shouts of "1401!" Puzzled and amused by this chant. Mr. Loeser suddenly noticed that I he was surrounded. Someone jostled him. His hat was knocked off. Next thing he knew he was in the street, straightening his rumpled clothes, looking up into the red face of a bobby.

Mr. Loeser had walked into the...

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