Word: duals
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Dates: during 1930-1939
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...Street was a notable improvement in demand for margin clerks, that unsentimental class of brokerage house employes whose thankless task it is to keep tabs on customers' accounts. For the guidance of the Federal Reserve Board, which administers the credit end of Federal stockmarket control, Congress suggested a dual formula for fixing margin requirements which has been in effect since 1934. A broker could lend a customer the greater of either: 1) a flat percentage (now 45%) of a security's current market value; or 2) 100% of the lowest price-since July 1933, so long as that...
...Haven Conn.--An impressive Yale swimming team, undefeated in 12 years of dual intercollegiate swimming competition conquered Harvard 45-26 for their one hundred fifty-first straight victory...
...reason given by the Reserve Board for its campaign to liquidate chairmen is that it will put an "end to dual executive responsibility," something Chairman Eccles abhors. Another excuse was economy. Total salaries of the twelve chairmanships amounted to $285,000 annually. However, the Reserve Board has not the slightest legitimate interest in profits of the Reserve Banks, for the stockholders are the System's 6,400 member banks...
...shortly after M. Taittinger, said that he opposed the pact because if would lead Germany to believe that she was being encircled. Such sentiments are truly encouraging when they come from a French Nationalist, and may possibly open the way to a new Eastern Locarno far quicker than a dual pact with Soviet Russia, which would have the double effect of alienating the Little Entente as well as Germany and Poland. If the Left can come to some agreement with the Right on this issue and abandon the policy of "einkreisung" which has been such a point of friction between...
Lilies of France (see cut). In Paris last week he was visited by a most anxious and disgruntled young nephew who suddenly arrived from Belgium-"His Majesty, Otto, Emperor of Austria and Apostolic King of Hungary," as this handsome and 100% legitimate pretender to the Dual Crown is styled by devoted Austrian and Hungarian monarchists...