Lucien Obed Hooper; Financial Analyst
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Lucien Obed Hooper, 92, a financial analyst whose commentaries guided Wall Street during a career that spanned more than six decades. Hooper began working in the securities industry in 1922. He went to Wall Street as an investment analyst with E. A. Pierce & Co., where he worked from 1923 through 1927 and then headed the research department of Frazier Jelke & Co. from 1927 through 1938. In 1941 he moved to W. E. Hutton & Co. as director of research, where he became senior analyst and then a senior vice president in 1963, before moving to Thomson McKinnon in 1974. Hooper first began writing about the stock market in 1919, and his market letter was published by Shearson, Hammill & Co. from 1928 through 1941, when Hooper moved to Hutton. The last issue of the newsletter, which was called the Hooper Letter, was published in late June. Hooper also was the author of a regular column in Forbes and Financial World magazines and the book “The Best of Times.” In New York on Tuesday.
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