Word: margined
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Dates: during 1930-1939
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...keep distress selling of the estimated $2,000,000,000 to $4,000,000,000 worth of Anglo-French-owned U. S. securities from cracking the market, already depressed by widespread bearishness on domestic business prospects, obvious aids would be: 1) to relax margin requirements to protect investors; 2) to further ease credit through the Federal Reserve; 3) to put a floor under Exchange prices by setting a limit on each day's fluctuation, such as the Government now does in the wheat market. One precaution Administration leaders took last week was to prod Congress into extending until...
...summer camp with no telephone. While they were there, Drexel told Bird's secretary that her employer wanted her to arrange a $10,000 loan from the bank. She used her power of attorney to obtain it and Drexel bought $100,000 worth of stock on margin in Bird's name. Before Bird could extricate himself, the crash had come and he was short $239,000. He borrowed that amount from a friend...
...block by depositing 10% of the purchase price on the line, the balance payable on delivery. Because the Treasury takes care to make new issues attractive, they invariably command a premium over the par purchase price, thus anyone can take a free ride on what amounts to 10% margin by selling his allotment before delivery. Author Porter figures that some $80,000,000 worth of free rides have been taken on the $15,000,000,000 in Treasury notations since...
Marked by the spirited attacking offense f Gay Dillingham, the Harvard polo team held the Army to a closer margin than most critics expected. In the first two chukkers the West Pointers definitely outplayed the Crimson scoring four goals to Harvard's two in each...
...technique was worked out by Texas-born, 30-year-old Physicist Wilmer C. Anderson who, on the basis of his experiments so far, believes he has reduced the margin of error in measuring light's enormous speed to two and one-half miles per second. When his program of measurements is completed, he expects to have the most accurate figure ever obtained for the velocity of the universe's fastest thing...