Word: margining
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Last week after a ten-point decline and subsequent rise the industrial averages were again at 147. And again Governor Eccles spoke, this time not in person but through the Federal Reserve Board, not by word but by action. Without warning, the Reserve Board boosted margin requirements from a maximum of 45% to 55%. Applying only to new purchases, not to securities already in an account, the new rule is effective...
...which later joined Messrs. Libbey and Owens* to form in Libbey-Owens-Ford an eternal rival to Pittsburgh Plate. Although largest flat glassmaker. Pittsburgh Plate also expanded into the paint business and now ranks second to Sherwin-Williams as a U. S. paintmaker. But glass has a better profit margin, and Pittsburgh has by no means lost interest in glass. It got into safety glass through E. I. du Pont de Nemours, which made the binder, and for a while went 50-50 with the du Fonts in safety glass manufacture. In 1930 Pittsburgh bought out the du Pont interest...
William T. Pecora of New York, who finished in fifth place, strangely enough fought Lewis to his smallest margin of victory. Pecora's almost astounding speed garnered him four touches before he was finally vanquished...
...margin of 114 ballots 1000 Harvard students rejected "government old-age pension" in a poll of student opinion conducted by the CRIMSON on Tuesday...
...movement as a political force. The Representative is definitely on the proverbial spot. If he refuses to play in with the Townsendites, he alienates a substantial, even a crucial sector of the electorate. For there is always the danger that his opponent will acquiesce and thereby gain the deciding margin of votes...