Word: backstop
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Princeton's young sophomore hurler, John Eide, was paired with Mort Waldstein of Harvard as the two pitchers chosen for the second team, giving the alternate aggregation a brace of south-paw hurlers. Stocky Lee Turner, Cornell catcher, was named to the backstop position...
...most difficult problem facing Coach Floyd Stall is the catching situation. Bob Regan, regular Varsity backstop last year, graduated and Paul Delahoyde, promising Sophomore, expects to be drafted before the spring season...
...second thought, Jesse's plan struck Wall Street as much less alarming. What he had really offered was to backstop SEC with RFC cash if the former gets into trouble enforcing its new competitive bidding rule. Issues involving $100,000,000 or more may prove too big for competing syndicates to tackle, and that is where RFC will step into the picture. Right now there is a case in point: Columbia Gas & Electric's $120,000,000 issue, for which not even Halsey, Stuart has been able to get together a syndicate...
...Chairman Jerome Frank got the backstop idea while he was complimenting Jones on his tough handling of the Arkansas State issue he took at a "reasonable" price and resold promptly at a profit. He asked Jones if he would similarly make a market in big utility deals, and last week Jones made public his promise to compete for any big issues which bankers seemed to be negotiating for on their own terms. Subsequently he will accept piecemeal bids from bankers or market the bonds direct to insurance and trust companies. In that event, probably more gilt-edged flotations would...
...winning tally came in for the visitors when Barsscs on first with a single tried a steal. Harvard's backstop, Bob Regan, throw to Keyes at second but on the toss Beinstein reached home from third...