Word: margining
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...John Wellington Finch, dean of the University of Idaho's School of Mines, was called to Washington to be made Director of the U. S. Bureau of Mines. The day he arrived to receive his commission it was discovered that the President had not signed it. Scribbled on the margin was the note: "Held up because of political objections by the P. M. G." (TIME, July 30). Mr. Farley had found that the 61- year-old engineer, who had mined in Siam, Siberia, South Africa, Turkey, India and China, had once described himself as a Republican, had even tried...
...Perhaps you could get a Government check to apply on your margin account by having Mr. Wallace kill a few of your pigs or plow under some of your corn...
...start in politics in 1914 when the late "Sunny Jim" Rolph, then Mayor of San Francisco, appointed him to the city's Playground Commission. When Mayor Rolph got to be Governor in 1930 he appointed Florist Rossi to the mayoralty. Mayor Rossi survived by a narrow margin an election in 1931 in which the city charter was changed, making him a "strong mayor." Last week he needed all the power at his command...
Tame compared to Chairman Kennedy's threats was the Commission's first official ruling: none of the 200-odd clerks, office boys, stenographers and other employes it is about to hire may buy securities on margin or otherwise speculate on the market. They may buy securities outright but must notify the Commission of any such purchases within 48 hours...
...will not go into effect until Sept. 1, the deadline for registration of stock and exchanges. The Commission has no technical jurisdiction over any but registered stocks which are bought and sold in interstate commerce, cannot put its rules of fair practice into operation until registration begins. Its margin requirements do not take effect until Oct. 1. The S.E.C. will take over enforcement of the Securities Act of 1933, now under the Federal Trade Commission, Sept. 2. But lest pool operators try to make a killing before the Securities Exchange Law becomes effective, Chairman Kennedy announced that he would exert...