High Seat

The brother of a legend made a record for himself last week for selling his New York Stock Exchange seat for $226,000, newest high seat price; buyer was one Malcolm E. Falk, broker, who exuberantly counted on his buy becoming worth half a million dollars in five or ten years; seller was Walter L. Ross, brother of famed, because lost, Charley Ross.

In 1874, kidnappers snatched up Charley Ross and his older brother Walter. Walter was six years old. He knew the street where he lived and the house number. He could remember faces and places. Shrewd, the baby-snatchers threw him aside; people took him home. But Charley disappeared.

He became a legend -- like Jesse James, John Brown, the Boston Burglar, and at present in the Kentucky Mountains, Floyd Collins (TIME, June 27). His brother became a broker.