Business & Finance: Sold

Some years back, when George Leon Loft, son of George W. Loft, famed "penny-a-pound-profit" candyman, was a member of the New York Stock Exchange, he appeared on the trading floor in a smart new spring suit. Knowing his reputation for being ready to buy or sell anything, friends of Mr. Loft surrounded him and began to auction off the suit. When the price reached $100, George said "sold." Into a telephone booth he stepped, removed the suit, tossed it out to the purchaser, remained in seclusion until another suit was brought from his home.

Last week this same Mr. Loft was busily...

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