Word: margining
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...were: 1) an immediate move to give relief to Wall Street stock traders; 2) clear evidence that New Deal was giving thought to helping Business and Business was beginning to regret the bitter things it had said about New Deal spending. During the week, the Federal Reserve Board loosened margin requirements,, effective Nov. 1, thus carrying stocks through their steadiest week in two months (see p. 59). By week's end, Washington was seriously considering the possibility that Congress must soon revise and modify the capital gains tax and the undistributed profits tax, which Business bemoans as a stumbling...
...Commission and one-time Chairman Joseph P. Kennedy. Though no connection was admitted by those involved, within two days the New Deal took a step for which brokers and bankers had clamored since the stockmarket smash began over ten weeks ago. Without offering explanation, the Federal Reserve Board reduced margin requirements for stock purchases from...
...mushroom. Since then the Dow-Jones industrial averages have risen slowly to 194.40, and fallen sharply back to an unhealthy 125.73. By last week, the contraction of prices had reduced the equity of so many traders below 55% that, according to Frazier Jelke & Co., at least half the margin accounts were "restricted" (i.e., not eligible for new transactions which would increase the margin deficiency...
...defeat wasn't entirely unexpected. From the past records of all three teams it was evident that the Crimson runners were up against some very tough competition. For Princeton had been undefeated to date, and the Blues had lost only to Dartmouth, and that by a narrow margin...
...they went through an excursion similar to Dr. Beebe's junkets to the bottom of the sea in a bathysphere. Prices on Monday had fallen in the worst break of the current decline and everyone anticipated that opening prices Tuesday would be down as a result of widespread margin calls...