Margin May Cut Stock Volume and Speculator Profit
Higher stock margin requirements could reduce trading activity and potential profits for margin buyers as the Fed raises cash ante to 70 percent from 50 percent. The impact on prices may be temporary, with most buyers investing cash. Credit use rose 43 percent to about $7 billion while consumer credit grew 10 percent.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Federal Reserve Board
Fed
Mmost
Credit Iotes
Oldest Maytag Winner Receives New Washer
Mr. and Mrs. Earl M. Lewis of RFD 9 Myersville win the Oldest Maytag Contest from L. B. Nicodemus Home Appliance Center and Farm Equipment Center. Their 1923 Maytag washer, in use 40 years for a family of four and others, is exchanged for a new unit after over 200 entries.
MENTIONED IN THIS ARTICLE
Earl M. Lewis
RFD 9
Myersville
L. B. Nicodemus Home
North Market Street
Farm Equipment Center
Thurmont
Margin trading and Fed signals discussed at Martinsburg meeting
A October talk at Newton D. Baker Hospital Martinsburg West Virginia outlined how high margin requirements and rising credit influence stock yields. The event noted bull markets attract margin traders and suggested Fed actions in response to growing trading volume and credit.
MENTIONED IN THIS ARTICLE
Fed
Woodsboro Legion Auxiliary Meeting Report
The Woodsboro Legion Auxiliary met October 29 at 7 30 p m in the Legion home. President Mrs Maxine Murray led the session with prayers the pledge and national anthem. She noted a presidents secretaries meeting in Baltimore October 27 with Mrs Murray Mrs Jane Young and Mrs Clara Rippeon in attendance.
MENTIONED IN THIS ARTICLE
Newton D. Baker Hospital
Martinsburg
W. Va
Murray
Nettie Eyler
Young
Maude Lind
Rnestine ‘Smith
Rippeon
Mildred Eyler
Mary Jane Harris
Poppy
Betty Eyler
Department
Emerson Hotel
Carroll
Westminster
Smith
Doris Ramsburg
Harmony Grove
American Legion Auxiliary
Glen W. Eyler Post No. 282
Woodsboro
Legion Home
Maxine Murray
Baltimore
Jane Young
Clara Rippeon
Murray al
Also Mentioned on This Page
Sale! Playtex Living Bras
Woodsboro Legion Auxiliary
All Weather
Orion
Coats
Alove
Fairfield
Judy Bond
Macshore
Rhoda Lee
Gordon Peters
Dacron
SALEE
Bela
Geld
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