What Is A Quarter?

In England dealers figure 2,240 pounds to the ton. A quarter of wheat consists of eight bushels, or 480 pounds.

What Is A Quintal?

In metric measure it is equal to 220.46 pounds avoirdupois.

What Is A Readjustment?

It is the reconstruction of a corporation when all the stockholders are in favor of the plan. In a readjustment, when new bonds are issued bearing a lower rate of interest than the old ones and an exchange is made with stockholders, the loss of interest is usually made up in a bonus of stock or in other security. Other forms of exchanging are adopted at times, at the pleasure of the particular corporation. Readjustment of financial corporations without foreclosure proceedings are not frequent, though sometimes are carried through.

What Are Realizing Sales?

Sales of stocks made to secure profits.

What Is A Rebate?

When part of an amount paid to brokers for commissions or transportation is returned to the customers it is said to be "rebated."

What Are Receiver's Certificates?

They are certificates issued by a receiver for the purpose of raising money for a corporation when under the jurisdiction of a court. The court must approve the certificates and they then constitute a first lien upon the net earnings and property of the corporation in receivership.

What Are Receiving Houses?

Grain houses which make a business of receiving and selling cash grain.

What Is A Recovery?

A quick upward movement after a decline in market prices.

What Are Registered Bonds?

Government bonds which are payable only to the order of an individual or corporation, the name of the owner being registered at Washington. If stolen or lost "registered bonds" cannot be transferred.

What Is A Rehypothecation?

It is taking collateral on which a loan has already been secured and securing another loan on the same collateral by the parties who made the first loan. If not done with the consent of the owner it is illegal..

What Is A Released Endorsed Bond?

If a bond is deposited as security for bank circulation, or to comply with insurance laws and so endorsed, it may be released by having the released property acknowledged before a notary public, according to New York Stock Exchange rules.

What Are Rentes?

They are bonds and other securities representing the government indebtedness of France; also the sums paid as interest on this indebtedness are classed as rentes.

What Is A Reorganization?

Applied to the compulsory reconstruction of a corporation thereby differing from readjustment. It follows receivership and foreclosure proceedings. The plan of reorganization ordinarily is to pay the first mortgage bonds and unpaid interest in full. If they desire, holders may exchange their bonds of the old company for bonds of the reorganized corporation, together with or without stock. Holders of old bonds, that prefer cash, are paid. In some cases holders who exchange their old bonds for new, receive cash for the unpaid interest.

What Is Meant By Repudiation?

It is a term applied usually to the rejection of a part or a whole of its debt by a government, but is sometimes used to imply the rejection of any debt or obligation.

What Is A Revenue Account?

It comes from two principal sources in a railroad accounting: (1) operation, and (2) interest on loans and investments or rentals. Gross income from operation consists of revenue from passenger and freight transportation, baggage, storage, mail, stockyards, steamers, elevators, balance of car mileage, switching charges, telegraph companies, etc.

What Is Rigging The Market?

The same as manipulation of stocks by insiders.

What Is Ringing A Cotton Contract?

It is a form of settlement of cotton contract differences employed at one time. It is the crude idea involved in the Clearing House principle, and was designed to eliminate the receipt and delivery of the cash cotton.

What Is River Plate Wheat?

The Rio de la Plata forms the boundary line between Uruguay and Argentina, and the adjoining territory produces wheat which is known in the trade as "River Plate Wheat."

What Is A Room Trader?

A member of an exchange who speculates for his own profit and loss.