Word: margining
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...shares of Steel. The buyer then disappears from the picture. The broker, being owed 100 shares by his short-selling customer, demands from him a deposit of 30 or 40% of the amount involved as protection. If the stock starts going up and the customer cannot put up more margin, the broker buys TOO shares of Steel himself, charges it to the customer and evens up his books. If it goes down and the customer decides to cover, he merely buys 100 shares which, in effect, he gives to the broker to close out the transaction. The difference between selling...
Although they held the Yale fencers even until the final match, the Freshman swordsmen went down to defeat by the narrow margin of 9 to 8 on Saturday in the Indoor Athletic Building in the last meet of the Year...
Fighting fiercely for every point yesterday the Dunster squash racquets team submerged the Lowell players in both league A and B in the Lowell courts, taking some of the games with the margin of one point only, and winning in each league...
Lowell has won the Pell trophy for taking the greatest number of matches in all three leagues put together, and has won the league C tournament in both half years by a comfortable margin. In the first half year Dunster captured league A with considerable ease, but was nosed out in league B by Lowell. In the latter half of the season the tables were reversed and Lowell captured league A, while Dunster tried to content itself with the crown in league...
...addition to the relay, Wood swam the 220 and the 440, maintaining a narrow lead over Strong of Penn in the latter event to win by a two-foot margin in 5 minutes, 16 seconds. Wood won the intercollegiate 440-yard championship last spring with a time of 5 min., 4 sec. and if he swims in this event against Yale is likely to take first place. Yale made a clean sweep of the first a year...