File:Wall Street guide - (1902) (14804332293).jpg

Identifier: wallstreetguide00jlmc (find matches)
Title: Wall Street guide /
Year: 1902 (1900s)
Authors: J.L. McLean & Co.
Subjects: Stock exchanges
Publisher: New York: J.L. McLean
Contributing Library: Columbia University Libraries
Digitizing Sponsor: The Durst Organization

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g property or closing con-tracts in order to realize or secure profits. Rebate.—The return or repayment of a percentageof an amount paid for property, transportation, com-missions, etc. Regular Stock.—The term regular is used in a stockexchange transaction to distinguish it from a trans-action in the account. When stock is sold regular,the actual stock is delivered the following day andpaid for by the receiving broker in full. Rentes.—The public securities of France (pro-nounced Ronts). Replevin.—The process or action taken to recoverpossession of goods or chattels wrongfully detained. Reprisal.—Property taken by a nation to satisfythe injury done by an enemy. River Plate—The Rio de La Plata in South Amer-ica, forming the boundary line between Uruguay andArgentina. The country tributary to it is largelywheat-producing, and wheat from that locality i-called in general River Plate wheat. Ruble.— (Russia.) A gold coin valued at 77.2 cents;a silver coin valued at 49.2 cents.
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WALL STREET GUIDE. Rupee.— (India.) A coin valued at 29.3 cents. Sack.—Jute sacks (or bags) in which flour is ex-ported contain 140 pounds. To reduce sacks to bar-rels, multiply by 5 and divide by 7. A sack of coffee isestimated at 200 pounds of Rio and 133 pounds of Java. Scalper.—One who trades in options continuallyand, by reading the temper of the market at the mo-ment, tries to get a profit out of the minor fluctua-tions; also applied to irregular railroad ticket brokers.The term is coming into general use in other lines. Seller the Year.—A contract giving the seller theprivilege of delivering property at any time withinthe year. Example: A buys of B, through a broker,5,000 bushels of year wheat. A has not the rightto demand the delivery of the wheat before the lastbusiness day of the calendar year. B, however, hasthe privilege of tendering the grain at any time.Should the market price of wheat decline ten centsa bushel between the time of the purchase and thelast day of

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