The Law: Shark

On the way to gulping $150 million for its makers, the movie Jaws is spattering finny largesse all over the pop landscape. Shark teeth, selling for as much as $100 apiece unmounted, have bitten off a sizable hunk of the gimcrackery market in the form of necklaces, earrings and bracelets; Boston's New England Aquarium even sells small molars for 25¢ each. Fishing-gear dealers report a surging demand for the extra-heavy rigs—ranging in price from $200 to $1,000—that are needed to land the beasts on beach or boat. Shark-hunting clubs are booming.

The ultimate shudder,...

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