Word: traders
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...hard-hit Boston Stock Exchange decided to advertise. Simultaneously all exchanges were encouraged by further liberalization of margin requirements by the Federal Reserve Board. Last month the Board cut margin requirements from 55% to 40%. Last week's changes were not so radical but will aid many a trader when they go into effect January 1. Broadening Regulation T. they permit withdrawals from restricted accounts under special circumstances, allow customers to make deposits which need not be absorbed into the restricted accounts, separate commodity and security accounts...
...stocks which are so-called market leaders-stocks the price movements in which undoubtedly have a tremendous effect upon the general trend of prices. . . . These figures as a group are a challenge to the validity of the common assertion that the existence of the specialist and the floor trader is justified on the basis of their stabilizing influence on the market, and their resultant benefits to the members of the public who enter the market...
...professional trading member on the floor of the Exchange for his own account is one which has long pressed for solution. . . . Any study of our markets over the past twenty-five years will reveal that there has always been present a tendency upon the part of the professional trader to accentuate a declining market by selling short for speculative profit at a time when public distress adds a factor of demoralization...
...which Cordell Hull has patiently woven a network of reciprocal trade treaties with 16 foreign countries, is that tariff concessions granted to any signatory country are automatically extended to 70-odd non-signatory countries with which the U. S. has "most-favored-nation" agreements. From the standpoint of Free Trader Hull, this is the strongest point of his policy since generalizing concessions tends to increase the volume of world trade. But it has given many a Hull critic an opportunity to argue that with U. S. tariff favors so lightly won the non-signatory nations of the world will...
...Hudson Bay Company's Eastern Arctic Patrol Nascopie sounded her way through Bellot Strait. Snow shrouded the Arctic dusk as head on through the haze came the bow of another ship. Nascopie's Captain Thomas Smellie's incredulous hail got a booming reply from veteran Arctic Trader Patsy Klingenberg, from the deck of the Schooner Aklavik, eastbound to Baffin Island, and astonished Eskimo cheers from both crews echoed through the rock-bound channel. That night captains of both vessels described from their anchorages to Canadian Broadcasting Co. and NBC audiences their historic meeting. Hopeful for the growing...