See "Continue" - meaning the same.
(First read "Contango.") Those - i. e. the "bulls" - who do not wish to pay for and accept delivery of stocks bought, and thus are willing to give the "contango" rate in order to either delay the delivery until the next "settlement," or to others to "carry" the stock for them in the meantime. (See "Takers-In.")
Used in London to designate the ordinary shares of the Consolidated Goldfields of South Africa.
As defined by the Federal Reserve Act, this term "shall be construed to include goods, wares, merchandise, or staple agricultural products, including live stocks."
See Sec. 15, "Federal Reserve Act."
Short time notes for the payment of which grain is pledged, or the plain notes of dealers in grain whose credit is sufficiently well established so that it is not necessary for them to secure their indebtedness by any of their stock in trade.
Bonds bearing this title have been issued in Indiana for the purpose of defraying the cost of grading, draining, and surfacing roads with gravel. They have invariably been "special assessment bonds" (to which subject refer).
In London, £1,000 value in "stock" is spoken of as "one," and £500 as "half."
Used in London to designate the ordinary stock of the United Rwys. of Havana.
Higgling of the Market. Adam Smith applied this term to operations by which the market price of an article was kept within desired bounds - prevented from either going too high or too low.
House (The). That part of the London Stock Exchange where the trading is done is called "The House."
A life insurance policy which does not condition its payment, in case of death, upon the insured not having committed suicide.
This is more popularly termed an "open end mortgage," to which subject refer.
To extend the time for the payment of an obligation.
The advance in prices and increase in bank resources are not due to currency inflation, for on July 1, 1914, the ratio of money in circulation to the total bank resources was 13%, and on July 1, 1920, money outside of Treasury and reserve banks was only 10% of total resources of national and State banks. (See " Gold Inflation.")