Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1859-06-16
CUMBERLAND MARYLAND THURSDAY MORNING, JUNE l6 1850

BRoKHEs' TECHNIcALITIEs.- -Thompson's
Bank Note Reporter" thus defines some Of
the phrases used in stock circles and by
newspapers;
A "Bull,, is one who buys stocks on spec
ulation, thinking that they will rise, so that
he can sell at n profit. Ii is to lis Interest
to have stocks rise, and he Will resort to ey-
cry means to bring about the desired result.
\ Bear is one who sells stocks on spec
ulation, thinking they will all, SO that he
can buy in for less money to i1l his contracts.
| tits to his interest to break down the mar
ket, and he will resort to the most desperate
means to accomplish his object.
A A''Corner' is when the bears cannot buy
or borrow the stock to deliver in fuliilmcut
ofthcir contracts.
| A "Deposite" is earnest money lodged in
the hands of third party as a guaranty.
give up, "ten up" cct, is the language ex-
prcssive of a Dcposite.
"Overoadcd" is when the bulls cannot
take and pay for the stocks they have pur-
chased,
"Short is when a person or party sells
stocks when they have none, and expect to
buy or borrow them in time to deliver.
! Long is when person or party has
| pItHlllul supply OI SlpCkS.
A "Flyer" is tobuy some stock with n view
TO selling II in Il few days and either make
| or lose, as luck will have it,.
a Wash" is a pretended sale, by special
agreement between thc seller and buyer, for
tho purpose Of getting o quotation reported
| .sx>,p = ss--
~" \ correspondent Of the National In
telgenccr writing from n. York, says:-
The numbered and fifty representatives Of
The "IIard-shell" Democracy, lately assem-
pied at the Astor House, who invited a con-
| ference with the Democratic State Central
| Committee in order to preserve the party
intact for 1860, have received but cool en-
| cou~agcment from the committee The
lizards wish to postpone the appointment of
| delegates to the Charleston Convention until
| after the State election in 1859, but in this
| the ''Splts,' who have control of the Central
Committee, do not seem disposed to concur.
There is to be another meeting at the Astor
House on tie lOth From present appear
| ances there is no prospect Of any agreement.
1t is certain that one portion of the party
ere afraid Of an carly issue. They declare
their opposition TO y premature and dacnagng
strife, which Viii throw New York once more
| mo Jn9 iaVS oI lic t'cpOhIlcaHS on Jhc eve
! Of a Presidential election; that the question of
| the Presidency of the Unvention, will iney
liable prove lireband;" that grave differ
| cnccs, both as to measures and men, will be
developed, and the anticipation Of 4 struggle
at Syracuse in September next, for delegates
To the Charleston Convention, will fgh. the
torch of faction in every township of our
State Aud therefore they have passed re-
solutions declaring &" that the selections ct
delegate to the Chaleston Convention ought
to be postponed until after the local elections
and rclterating the request that the, State
Central Committee call meeting to take the
mattcr-into consideration" That all this will
result in open rupture is believed by all who
havcon intimate acquaintance with the hatred
existing towards each other by the leaders of
the respective factions.