Word: bond
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
From the all-time high of 106 in December 1936, the Dow-Jones bond average fell to a low of 83 in March. Then the Government's desterilization program and the fall in commercial loans, gave bonds a rally quite unlike anything stocks have enjoyed, and the average jumped to 88, has since steadied at 85. Despite this pleasant development, the annual frolic at the Sleepy Hollow Country Club which Wall Street's bond traders enjoyed last week, cost them no sacrifice; for bond buying, like stock buying, is in the doldrums...
...last week total bond trading on the New York Stock Exchange was a pee-wee $3,270,000. smallest five-hour day in 20 years. The same day, trading in bonds on the over-the-counter market, which has been grabbing more & more of the bond business, was estimated at $18,000,000. Over-the-counter bond trading amounts to wholesaling such as that of banks and insurance companies buying and selling huge blocks at a time ($5,000,000 in one deal is not unusual). Deals this big are virtually impossible on the Exchange because the attendant publicity would...
...consider how to increase bond-trading on the floor of the Exchange, SEC Chairman William O. Douglas last week sat down with a round table of Exchange members, potent Wall Street investment bankers and representatives of the big insurance companies. Ideas broached to aid the Exchange included: 1) lowering the commission charged from one-quarter of a point to the one-eighth generally charged OTC; 2) admitting big bond dealers and institutions to associate membership on the Exchange...
...basis for further reform by the Exchange, Chairman Douglas and acting Exchange President William Martin Jr. drew up a "round table" of Exchange and SEC members to discuss: i) problems of floor administration such as the question of segregation of broker and dealer activities; 2) increasing the amount of bond trading on the floor; 3) commission rate revision; 4) development of odd-lot trading; 5) creation of a depository for customers' securities. These are Chairman Douglas' "five favorite ideas...
University fellowships to: Josef Alexander '38, Theodore L. Agnew Jr., University of Illinois. Henry D. Aiken 1G, John Ashmead Jr. '38 James R. Balsley Jr., California Institute of Technology. Roger S. Bender 2G, Francis G. Blake Jr. '38 William H. Bond 1G, Halvor N. Christensen 1G, Arthur LeR. Cohen 1G, I Bernard Cohen 1G, Francis M. Cresson Jr., University of Pennsylvania Museum. Francis S. Doody, Tufts College. Avran Douglis, University of Chicago. Charles W. Dunn, McMaster University, Ontario. Gwynne B. Evans 1G, Mackarness H. Goode, Culver Military Academy...