Word: margin
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Dates: during 1940-1949
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...first "boo" came from J. M. Mehl, administrator of the Department of Agriculture's Commodity Exchange Authority. The Board of Trade's margin requirements, raised only the week before, were still too low, said Mehl. He asked that they be doubled in order to "lessen the danger of a boom-&-bust situation...
...Scare. The Chicago Mercantile Exchange was impressed. It raised margins on butter trading by 66%, on eggs 25%. Many a grain broker privately ordered his customers to post higher margins. But the grain-exchange officials took no heed of Mehl. Board of Trade President J. O. McClintock said firmly: "A margin fixed at an extreme limit is likely to throw . . . the market out of gear...
Ahead at the end of the second round, Fuller lost his margin in the third to the burly Negro from Indianapolis who ranks as the top amateur heavyweight in the country. By this loss, Fuller, at least temporarily, lowered his chances of becoming the American 1948 Olympic representative in the unlimited class...
...decision went to Clemmons on the strength of a good boxing performance in the late stages of the third round. Apparently somewhat puzzled in the first round by Fuller's crouching style, Clemmons stood off and threw left jabs. The round went to Fuller by a small margin...
Hollywood is in the dreadful predicament of a pauperized nabob suddenly reduced to four limousines. Oldtimers are telling newtimers that the town has never been so scared. Chief apparent reason: the new "confiscatory" British tax, which would rob Hollywood of its comfortable profit margin (TIME...