The New York Times Century of Business / Floyd Norris, Christine Bockelmann

Anyone who likes to spend an occasional afternoon at the public library in front of a microfiche machine pouring over old newspapers and magazines will find The New York Times Century of Business a more convenient and pleasurable diversion. Beginning with J.P. Morgan and concluding with Bill Gates, Floyd Norris, the chief financial correspondent for The Times, and Christine Bockelmann, a former business editor at the paper, have collected and reprinted over 100 of the most important and intriguing business stories that have run in The Times over the last century. The real fun in viewing history this way--especially business history--is the immediacy that's often lost in other retellings. For example, when the markets crashed in 1929, the headline read, "Stocks Collapse in 16,410,030-Share Day," which is followed by the hopeful rejoinder "But Rally at Close Cheers Brokers." The story concludes, "Wall Street was a street of vanished hopes, of curiously silent apprehension and of a sort of paralyzed hypnosis yesterday." The other stories, such as "Dies in Vat of Hot Beer" and "Electronic Computer Flashes Answers, May Speed Engineering" help to make this book irresistible. And, who knows, it might even save you a trip to the library. --Harry C. Edwards
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