Word: margining
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...slim margin, took the decisive bout. Champion Norman C. Armitage, a chemist himself, and famed Photographer Nickolas Muray, took two bouts apiece. Final score: U. S., 54; Great Britain...
...Exchange members who handle about 70% of the total U. S. brokerage business, took in $1,502,000,000 in commissions in five and two-thirds years. Next in importance was interest, footing up to $320,000,000 and largely derived from charging customers a slightly higher rate on margin accounts than brokers pay banks. Third was trading profits-$237,000,000. Miscellaneous income was $92,000,000. From this gross income of $2,153,000,000, $1,262,000,000 was deducted for expenses. Another $102,000,000 was dropped in bad accounts. Including the six odd-lot houses...
Jumping off to an early game lead, the Kirkland House hall club out-batted and out-fielded the Lowell baseballers to finish up with an easy 10-5 margin in one of the House diamond contests held yesterday afternoon on Soldiers Field...
...counsel to the pre-War Pujo money trust investigation, had spoken of the bill's original draft as "impossible, impracticable." Testifying before the Senate Committee last week, the aging attorney criticized many provisions as deflationary and indiscriminate, found numerous glaring omissions. Roundly he denounced a fixed formula for margin requirements, urged instead discretionary power in the hands of the central credit body, the Federal Reserve Board. The Senators and their counsel, Ferdinand Pecora, were impressed...
Neither Mr. Untermyer nor Mr. Pecora had reckoned on Senator Carter Glass, who was loth to see his ward, the Federal Reserve Board, in the role of margin clerk to the nation. Few days later the peppery little Virginia Senator marched into the Banking & Currency Committee, whose headlined sessions he is usually too busy to attend, and jammed through an amendment creating a separate stock exchange commission to administer the whole bill- just what President Whitney has been demanding. A thumping victory for the bill's opponents. Senator Glass's revolt cleared the way for thoroughgoing revision...