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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 01, 1960

Page

2

Wall Street Eyes Margin Cut Hopes as Rates Seen to Ease

Report discusses mood on Wall Street amid expectations that Federal Reserve margin requirements and money market easing could lower stock buying cash down from 90 percent. Analysts weigh possible 70 or 50 percent cash rules and note past margin cuts led to delayed price firming, with Dow trends cited through 1937 to 1949.

New York U.S Federal Reserve Board Fed Arthur Wiesenberger and Co

Margin Cuts and Index Movements Stir Wall Street Debate

The text tracks two late 1950s and early 1960s margin cuts in the stock index, noting shifts from 295 to 254, then from 445 toward 437 before a 250-point rise. It records onand off commentary that margin adjustments mirror market conditions rather than presage policy, while some in Wall Street would welcome another cut now.

Wall Street

Also Mentioned on This Page

Sam Dawson Tom Riley Linn County Cedar Rapids Mynette Craemer's Second Avenue Lorraine Shorty Pants S-M Merry Widow Warner Darling Warner's Cinderella Pirst Avenue Jack Borgenicht
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