Word: margin
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...fans or stumped the experts like this year's Notre Dame crew. One day they put on terrific second-half rallies; next day they roll up a lead and play second-half dead ducks. They have won six of their twelve games by a bare three-point margin or less...
...Federal Reserve Board last week fired another shot to bring down the highflying stock market. It raised margin requirements to 100%, virtually put all stock buying on a cash basis. Twice in the last year, the board has popped away. Last February it upped requirements to 50%, in July to 75%. The bull market went right on. No one expected this pop would stop it. Reason: most stock buying has been on a cash basis for some time...
...this minor misery, the President has Adviser George Allen (219 Ibs.) and Military Aide Harry H. Vaughan (228 Ibs.) Heavyweights Allen and Vaughan began their own reducing race Jan. 1, will end it on Valentine's Day, with the champion receiving $1 for every pound of his winning margin. Their referee is Harry Truman, whom they call their "fact-finding committee." The President was mercifully excused from the race, it was explained, because "he didn't have the ammunition"-i.e., pounds...
...experimental theater that will serve as a "showcase" for new talent, and a children's theater. The repertory theater will have its own acting company, but will hire special guest stars for each production. Managing Director of Theatre Inc. is Actress Lawrence's husband, Producer Richard Aldrich (Margin for Error, My Dear Children...
Much for Little. On top of this the market was "thin," i.e., it needed a comparatively small number of buyers to send a stock up. This was partly due to the Federal Reserve Board boost in margin requirements in July. By putting stock trading close to a cash basis, it cut down the number of day-to-day traders, thus reduced the stock in circulation. Example : in one day, the purchase of 800 of Du Pont's outstanding 11,000,000 shares sent the stock...