Word: optionals
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...Taussing went on, "has recently taken a step which may seem inconsistent with his previous activities, but which is quite in accordance with his continued strong wish for bettering international relations. He has proposed that Germany now give notice that she will avail herself in two years of the option to withdraw from the League of Nations. Germany was admitted to the League long after the war had ceased and has taken an active part in its work only during the last few years. Dr. Bartholdy feels, however, that the League has not accomplished what it might and that Germany...
...Puts and calls are options. A put is an option which guarantees that its maker will buy a stated number of shares within a given time limit at a certain price. A call is an option which guarantees that its maker will sell stock in the same manner. A 30-day put or call costs $137.50 for 100 shares. The price at which the stock will be bought in a put is at a certain number of "points-away" below the market and a call is the opposite. The "points-away" are governed by supply and demand. Traders use puts...
...option as to dates was made since it is possible that some members may not be able to play because of examinations on Memorial Day. The exact date will be announced in the near future when final word is obtained from the Yale team...
...time at a White House function-although his wife's attendance at a White House tea two years ago caused a ruction-Representative Oscar De Priest, Chicago Negro, shook hands with the President, retired with Mrs. De Priest to the East Room, leaving to the other guests the option of speaking to or ignoring them. Mrs. De Priest was gratified when Secretary Lament's wife, a fellow Chicagoan, stopped to chat. Speaker Longworth came over, slapped Mr. De Priest on the back, shook his hand...
Ordinarily, 50-year licenses are issued to hydroelectric plants provided that the Government audits the power company's investment so as to have data for rate-regulation and for an option of buying the plant when the license expires. Last July the old Power Commission (consisting of three Cabinet members) asked Attorney General Mitchell if it would be legal to issue to Appalachian Power Co. a special, permanent "minor part'' license omitting the Federal audit,* for its plant at New River, Va. The Attorney General forthwith declared the special license valid for plants not on navigable streams...