Margin changes spark debate on securities credit limits
The article argues against maintaining high margin requirements for stock purchases while consumer debt soars. It notes past margin shifts, the persistent gap between stock and consumer credit, and the market’s current nervousness after an 11 year boom. Also mentions monument square nickname in Portland and a lead-glove innovation.
MENTIONED IN THIS ARTICLE
New York
Marriner Eccles
Federal Reserve
Wall Street
Reserve
Market Volume Surges on Margin Cut and Decontrols
The market this week showed a sharp rise in daily volume to about 2,242,120 shares driven by margin cuts from 75 to 50 percent and price de-controls on items like copper cigarettes and aluminum. Prices rose modestly but closed well off the week’s highs and near record production, with profit taking and cautious trading prevailing amid higher volume and lower margins.
MENTIONED IN THIS ARTICLE
Elmer
Walzer United Press
New York
Wall Street
American Telephone
E. W. Bliss
Cities Service
Eres Oil
Standard Offornia
Continental
Jail escape claim ends with stroll through town
In Nodusky Michigan sheriff officers report Robert Jolin claimed a jailbreak by removing loose bricks from his cell to walk around town. A lie detector test indicated he was telling the truth.
MENTIONED IN THIS ARTICLE
Ndusky, Mich
Sher U
Robert Jolin
Jolin
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Duke University
Paula Levin
Fishkill, N. Y
Betty Brooks
New Rochelle
N. J
Duke
Suion
Peg Baker
Atrice Diebold
Barbara
Reilly
Jane Seyffert
Hampton, Va
Duke Nursery
Margaret Altany Durham
Wally Reichenberg-Hackett
Fry
Yates Clark
Leesburg
Fla
Yates
Ace
Dawson
Raleigh
Electrolux
Portland
Monument Square
Maine
Wiseacres
National Geographic Society
Acme
Alabama Mills
Atlanta Gas Light
Bank of America
Bank of Manhattan
Bassett Furniture
Bausch & Lomd
Beneficial Corp
Sialls
Blue Bell Inc
Blue Ridge Ins
Buffalo Eclipse
Butler's Inc Co M
Butler's Inc
Cannon Mills
Carolina P
Cone Mills
Copeland
Dan River Mills Co
Dan Riv Mills
Delta Air Lines
Dixie Home Stores
Drexel Furniture Co
Dan
Ivey J.B & CO
Jefefraon Stand Ins
Kellogg
Essescesvesen
Kineveeseee Ul Life & Casualty Ins Co
Lone Star Steel
McLean Truck Co
Nicholson File Co
Norden Labs
Issee
North Carolina RA
Occidental Life Ins
Ohio Water Service
Oswego Falls Corp
Oswego Falls
Sscesseiveese
Peninsular Telephone
Permutit Co
Ssesseeeves
Piedmont & Northern Rwy
Piedmont Aviation
Piedmont Nat Gas
Piedmont Nat
Amer
Pyramid Life Ins Co
Rhinelander Paper
Robertson H H
Rose
Royal Dutch Petroleum
Saco Lowell
Schering Corp
OPS
Sere
Seaboard
Security Natl Bk
Smith-Douglass Er Ecene
Sonoco Products
Spindale Millis
Eecesess
State
Southern Webbing
U Stonecutter Mills
Stromberg Carlson Com
Stromberg Carlson
Taylor Biscuit
Tecumseh Prod Co
Taylor Instrument Co
Sence
Tenn Gas Trans
Texas Eastern Trans
Textiles Inc Com
Textiles Inc
Timesine Coseeccsccescess
Trans Gas Pipeline
U. S. Potash Co
Essees
van Camp Sea Food
Wachovia Bk & Tr Co
Warner & Swasey Co
Western Car Tel
West Point Mfg Co
Wilmin
Orkin
North State
Randleman
Coe
Bible Baptist Mission Rev. C. RR
High Point
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