Margin Calls Expand as Stocks Slump
A fragment notes growing margin calls on investors as stock prices fall, pressing traders to post more cash or acceptable collateral. The text hints at tighter requirements and potential account liquidations, reflecting broader market stress.
Margin calls and stock market fears ripple from postwar era
In a fragmentary report, readers note margin requirements and calls during a volatile market. It mentions a 18 year old Michael Servey of 6015 Sharon Lane NW receiving a margin call as brokers demand more cash or securities to cover losses. The piece weaves in stray references to the postwar period, Federal Reserve rules, and stock buying on margin affecting investors nationwide.
MENTIONED IN THIS ARTICLE
New ‘York
New York
Lovering
Michael
Servey
Ivelf
Joseph Servey
Sharon Lane
al Federal Reserve
NYSE
Warnhig Batt
Culver
Air Force
Colorado Springs
Federal Reserve
Appointments to West Point and Air Force Academy Listed
Those receiving appointments to West Point are Kirk Tbbetts, son of Mr. and Mrs. Tbbetts. Accepted for study at the Air Force Academy are Scott Moore, son of Mr. and Mrs. Warren Moots of 1014 Pawnee Drive NW, Jenus Cerney, son of Mr. and Mrs. Cerney of 45 Valley Drive, Marlon Hyde, son of Mr. and Mrs. Hyde, and Clint Hyde, son of Mr. and Mrs. Hyde of Clinton.
MENTIONED IN THIS ARTICLE
Air Force Academy
Scott Moore
Mra
Warren Moots
Pawnee Drive
Jénus Cerney
Mew
Robert Cerney
Valley Drive
Marlon
Ton Hyde
Amdiurn
Whithutt Hyde
Clinton
West Point
Kirk Tbbetts
Military Kin Receive Appointment to Kings Point
A series of names including Mr and Mrs Crabbs and others appear linked to a Kings Point appointment to the merchant marine academy. The piece then surveys margin trading risk and how investors face calls for more funds, with cited figures on margin accounts and Federal Reserve requirements, noting a contrast with 1929 dynamics.
MENTIONED IN THIS ARTICLE
Willa Crabby
Gol
Roger A. Crabbs
Cedar Tripids
Merchaint Marine Academy
Kings Point
Director of Research Named for Pentagon
Washington reports Dr. Malcolm Currie of Fullerton California will become the new director of research and engineering in the defense department. President Nixon announced the appointment after accepting the resignation of Dr. John Foster who had held the post since 1960. Currie 45 has been vice president for research and development at Beckman Instruments in Fullerton.
MENTIONED IN THIS ARTICLE
Washington
UPI
Malcolm Currie
Fullerton
Calif
Defense Department
Nixon
John Foster
Currie
Bear
Beckman As Sociales, Inc
Candy stores blamed for kids' beer drinking in Bristol
Bristol council of Alcoholism warns that local candy shops market shandy to children. The near beer made from lemonade and 2 percent ale allegedly fuels thirst for stronger alcohol, as officials describe.
MENTIONED IN THIS ARTICLE
Bristol
England
Bristol Counell
Alcoholism
Emncll
Morris Plan promo hints at saving and winning
A terse promotional line urges engagement with Morris Plan by claiming a win comes from saving, noting even squirrels are taking the hint. The exact offer and context remain unclear from the fragment.
MENTIONED IN THIS ARTICLE
Morris Plan
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