Word: floor
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Dates: during 1930-1939
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...House on April 29, not the bill passed after more careful examination by the Senate on June 5. It was a brand-new tax bill, concocted in conference, a cross between the House and Senate bills. Day after its birth the hybrid bill was rushed to the House floor. No copies of the conference report had been printed. All that Representatives knew of it was what oral explanations their leaders gave. So weary were they, however, that they laughed, applauded, made speeches showing that they really did not know what they were voting on, then passed...
What the scrappy, all-inclusive Society of Independent Artists is to Manhattan, the No-Jury Society of Artists is to Chicago. Last month the 12th annual No-Jury show was scheduled to exhibit its 393 pictures in a large room on The Fair store's eighth floor. Last week, after a controversy on matters of artistic propriety had been waged between the No-Jury exhibition directors and the store's executives, the 200 artists picked up their canvases, walked out of The Fair ("A Great Store in a Great City"), opened their show instead in an old mansion...
...Lake Shore Drive, Chicago youths, adolescents and gallery-goers found that Modern Olympia had been given the show's most prominent position, at the top of the stairs leading to the second floor. Ration Box and Crucifix could be seen on the third floor, leaning against a radiator...
...regulation. Trading sins include manipulation, wash sales, dealing in options, bucketshop operations and routine fraud. Customers have to put up actual margins, something of an innovation for big speculators whose credit is good. One customer's funds may not be used to support another customer's accounts. Floor brokers and commission merchants with a futures business have to register with the Commission. Among the Commission's wide discretionary powers are the right to delay or advance contract settlements to prevent month-end squeezes, and the right to fix limits on the amount of trading...
...Congress last week SEC also sent its long-awaited, highly-involved study of thebroker-dealer, plumping for segregation of the two functions. Requesting no new legislation, SEC announced that its first step would be to offer floor members of stock exchanges the choice of being either straight brokers or traders for their own accounts. Exceptions will be made for specialists and odd-lotdealers...