A term which has about the same meaning as "manipulated." When the stock market has been "rigged" it is understood that events have been made to transpire in accordance with the wishes of those powerful enough to effect such results. A trap is rigged to catch the unwary animal; the market is rigged to catch the unwary speculator or investor.
As used in reference to speculation, it is practically the same as "clique."
Used in London to designate the "ordinary shares" of the Rio Tinto Co., Ltd.
A complete transaction; i. e. buying what has been sold, to make good one's contracts, or selling what has been bought. A purchase of 100 shares of Union Pacific followed by its sale is a " round transaction."
The Baltimore and Ohio R. R. Co.
Where transactions in foreign exchange occur in London.
United States Rubber Co.
Rubber Goods Manufacturing Co.
The unit of money in Russia, and equal to 51 1/2 cents in United States money.
1 "Run on a bank." A prevailing belief that a bank is insolvent, or in a condition likely to make it difficult for the depositors to secure their money on demand, often causes a sudden panicky rush among the bank's depositors for the purpose of withdrawing what is due them. This is referred to as a "run" and sometimes brings financial disaster to the bank, or at other times a prompt payment of all claims may restore confidence, stopping the "run."
A bank's "runner " is its messenger. (See " Tout.")
See "Open Account," which is the same thing.
The Government securities in India being payable, both principal and interest, in "rupees" (a silver coin equal to $.3244 1/3 United States money), are termed "rupee paper." When, however, payment is demanded in England, bills of exchange on Calcutta are given.