A sudden fall in prices brought about by the efforts of one or more persons desiring to attain that end.
Corporations which manufacture rolling stock and other equipment for the railroads. Some of the most important are the American Locomotive Co., the American Car & Foundry Co., the Pressed Steel Car Co., and the Railway Steel-spring Co.
Rail, Weight of. It is customary to speak of a 50, 60, or 90, etc., pound rail. This means the weight of the rail per yard;that is, a " 90 lb. rail" weighs 90 pounds for each three feet in length.
See " Check."
A term .used in the stock market to express a rise in the price of stocks after a sudden decline.
The English equivalent of the American term " manipulate." An artificial level of prices brought about by interests powerful enough so to do, to the end that outsiders will be tempted to buy what those back of the move desire to sell. A common practice in the stock market.
From Witwatersrand, meaning White Water Range. As used in relation to mining and investment matters, it has reference to that part of South Africa in which is located the important gold mines of that section of the world. In somewhat the same sense as the expression " Wall Street," " Rand " has rather a broader meaning than a mere territorial one, in that' it goes a bit further so as to include the mines themselves and, in some instances, the people associated in their management.
A short name for Brooklyn Rapid Transit Co.
Short for " contango " rate. (See " Contango.")
Supposing that the reader understands " exchange," then the " rate of exchange " indicates price of the money of one country as reckoned in that of another.
The " ticker " abbreviation for " real estate." React. Prices may " react " after an advance. To " react ' means a change in the direction of prices from the upward tendency which had been existing up to the time of such reaction.