Word: margining
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...current Harvard financial set-up makes doubly imperative the acceptance of the N.Y.A. offer, for the rise in dining hall wages--in spite of the adjusted rates--will cut down the profit margin upon which the Temporary Student Employment Plan depends for its existence. Since the N.Y.A. funds are to serve the same purpose as the T.S.E. money, i.e., work-scholarships, there is no reason why the government grant cannot be used to make up part of the salaries now paid by T.S.E. "Pride goeth before the fall" and a haughty University can best serve its own ends by accepting...
Harvard's 15 man ski team captured the sixth annual Harvard-Dartmouth slalom by a margin of 1 minute, 43.2 seconds over the half-mile course at Pinkham Notch, N. H., late Sunday afternoon...
...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...