Word: margin
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...Board shot off the first round by lifting the ban on margin trading on the stock exchange. Instead of requiring stock buyers to pay cash in full for stocks, they will soon be permitted to buy stocks on 25% margin-i.e., pay 75% cash, borrow the rest from brokers. This did not satisfy Wall Streeters. New York Stock Exchange President Emil Schram grumbled that margins should have been set at 50%. But everyone agreed that the failing market needed a shot...
...expansion. Four days before the FRB announcement, the market had its worst sinking spell in nearly two months. Stocks fell one to ten points; the Dow-Jones industrial averages dropped 2.76 points to 172.49. The day after the announcement, the market, which had recovered somewhat, bounced up, even though margin trading would not actually start till February...
Despite a successful Brown push in the 400 yard relay for the often crucial seven points, the lap margin still wasn't good enough to make up a gap that would have needed more than a doubling of the Bruins' points...
After Ed Peterson had sent the Big Red off to a 1 to 0 lead with a free throw, Steve Davis dunked a neat pivot to give the Crimson the margin, and the visitors from Cambridge stayed there for thirteen minutes of the first half...
...close decision to the Milton captain in the 145-pound match that threatened to go either vay until the final whistle. Jim Waddell von a decision for the Crimson at the 121-pound class as did Jim Westfall in he 128-pound class. Bill Currier won by a good margin of the 136-pound weight...