What Are Fancy Stocks?

They are new stocks quoted at fancy or high figures. Stocks that are notorious for manipulation and very speculative.

What Is The Fiscal Year?

It is the financial year of a corporation business or national treasury, at the end of which the accounts are balanced. In the United States the "fiscal year" closes on June 30th.

Which Are The Five Ports?

Boston, New York, Philadelphia, Baltimore and New Orleans.

What Are Fixed Charges?

In a railroad report they are: (1) Interest on funded debt; (2) interest on floating debt; (3) rentals; (4) taxes, and (5) sinking funds. It represents the profits of the corporation after all prior charges have been met, all expenses paid, and its maintenance sufficiently provided. Out of the surplus dividends are paid on the stocks of the company. There should also be deducted depreciation not covered by operating expenses, such as depreciation of investments held, bad debts, etc. What remains after this is done becomes "surplus," and is added to "profit and loss" or "surplus income account." One that becomes due regularly and permanently at stated intervals.

What Is Meant By Flat?

It means without interest. When stock is borrowed by bear traders, it frequently lends "flat" or without interest. The rate of interest is regulated by the floating supply and demand. If many brokers are carrying a certain stock, they are anxious to lend it at a rate of interest slightly below the call loan rate. If, however, many traders have sold a stock short, and it is scarce, the bears are willing to borrow it without interest. If the stock is cornered, the bears are forced to pay a premium for it. Bear traders are usually paid interest on the stocks they borrow.

What Is A Floating Debt?

A floating debt is unfunded indebtedness; indebtedness not represented by permanent security. Floating debts of railroads or corporations consist of money directly borrowed, money owed for miscellaneous purposes, and money payable within a short period.

It is the general unfunded indebtedness of a nation, State or corporation.

What Is A Flurry?

It is a sudden and big decline in the market causing much excitement.

What Is A Flyer?

It is the speculative purchase or sale of an occasional lot of stock or grain ostensibly for a quick profit.

What Do The Letters F. O. B. Mean?

Free on Board. When goods are purchased it means that the shipper delivers them to the cars or boat with no charge for handling or cartage.

What Is The Meaning Of Forcing Quotations?

When brokers wish to keep the price of a stock up, to prevent its fading out of sight, quotations are forced by small sales or by washing.