Comeback

The New York brokerage firm of Munds, Winslow & Potter employed until recently a ruddy, sturdy, white-haired man, past 65, who was in his way unique among salaried customers' men. He was George Mallory Pynchon, until two years ago the self-made head of Pynchon & Co which was a member of 16 exchanges, had eleven branches, was the oldest and largest

U. S. commission house in Paris and London. His friends and former clients ranged from Cineman Winfield Sheehan and Steelman Charles Michael Schwab to Lady Mendl (Elsie de Wolfe). Since 1931 when the House of Pynchon fell (borne down largely by the collapse of General Theatres Equipment securities), Banker Pynchon has lost his mansion at Greenwich. Conn., his yachts, his millions. Shrunken security values have reduced the settlement which Pynchon creditors expect to run about 25-c- on the dollar, denying him the chance of saving any stake with which to recoup his fortune. Wall Street, feeling that Mr. Pynchon had failed with honor, was glad last week to hear an announcement: the brokerage firm of Mallory, Eisemann & Co. (Franklin I. Mallory, husband of Molla Bjurstedt and no kin of Mr. Pynchon; Alexander Eisemann, onetime head of Freed-Eisemann Radio Corp.) is henceforth to be Mallory, Pynchon & Eisemann.

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