Word: margin
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Dates: during 1940-1949
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...days last week, Wall Street' brokers thought that the long-ailing stock market had got the tonic it needed. On th first day after the reduction in margin requirements from 75% to 50% (TIME, Apri 4), trading on the New York Stock Ex change hit 1,800,000 shares and the Dow Jones industrial averages jumped 2.4 points. It was the biggest volume since November, best gain since October...
Although the new margin rule, in effect tripled the amount of borrowed money which could be used to buy stocks,* it did not bring many new customers into the market. Most of the stepped-up business was done by seasoned traders who were merely using their additional credit...
Behind the Times. Not since the House squeezed through extension of the draft by a one-vote margin on the eve of war in 1941 had its members been thrown into such an irresponsible panic. In the showdown, the economy-shouting Republicans had looked even worse than the Democrats. Republicans had followed their leaders, Joseph Martin and Charles Halleck, in voting 2 to 1 for Rankin's raid on the Treasury. Democrats, whose leaders stood fast against the bill, voted 3 to 2 to stop...
...margin, thought the police, was close enough to try for an upset; they rushed election headquarters with a big batch of last-minute votes for Yolanda. But when they arrived, said the police, canny General Otero's troops had got there first, with arms instead of votes. His soldiers bluntly told the police that the polls were closed...
...stock markets, which have been in the doldrums for months, this week got some long-awaited good news. The Federal Reserve Board cut the cash required for stock purchases from 75% to 50% of the stock price, the first margin reduction in over two years. FRB said it was relaxing margins "in the light of the general credit situation"; credit on stocks was near an alltime low. In effect, FRB was saying in another way that the danger of inflation was about gone...