The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1894-08-08
.NICKNAMING STOCKS

Things move 50 fast and breath Is 4
precious down in Wall street that tbs
brokers have to resort TO a shortening
up Of the names Of the stocks listed on
the exchange.
To designate them 10y their long
winded titles in the course Of the days
business would be absolutely impossi
ble: hence the authorizations, some o
which are faeetious, and to the unini
tiated. meaningless. The stock Elk
change list contains the names of Il
different stocks, for almost all o
which there are characteristic abbrevi
aiions.
For instance, when buying and sell
ing or giving orders 10 clerks over tele-
phones. brokers cannot take time 10 re
peat such long name rs Chicago
Rock Island and Pacific They sim
plv say Rocky" or ar l."
Another long drawn out name is
that of the Richmond and West Poini
Terminal Railway and Warehouse
company, which is boiled down in
brokers' parlance 10 ar. T."
Columbus, Hooking Valley and To
ledo Railroad company is corrupted in
10 shocking Valley" while General
Electry company Is spoken ofas ''Gen-
eral Flee .Pede" is much easiel
and quicker said than Peoria, Decatur
and Evansville, yet the former means
the latter.
some of the other stocks which have
had their names trimmed down TO suit
the convenience or fancy Of Wall street
are the American Sugar Refining COM
many. which is called sugar" Chica-
90 Gas Trust company, Gas" and
Chicago, Burlington and Quincy rail-
road. Burlington.
The preferred stock Of the Northern
Pacific Railroad company is known as
..Nipper.u Toledo, Ann Arbor and
North Michigan Is easily handled as
..Tan.u United states Rubber eompa-
nv's stock is facetiously called "Rub-
l.er halls on account of the violent
manner in which the stock bounded
mn and down when il was first put on
the market.
The stock of the Missouri Pacific
railroad, the favorite property Of the
Goulds i known to Wall street IL
"Mop.n Tommy bod" was the
name bv which the stock of the Tole
do. Delphas and Burlington railroad
company was known to brokers II
Wall street for years. But little L
heard of il now. But almost everyone
has heard Of Nickel Plate" in con
nection with railroad, but compare
lively few know that the title is sim
nlv the brokers' nickname OF the New
York. Chicago and st. Louis railroad
The name originated when the roa'
was constructed, everything CONNECTED
with il being of the best and "all nick
el plated.n ~ as the saying was then.
sThe Big Four" Is the common titl'
of the Chicago, CINCINNATI, Columbu
and II. Louis railroad by reason of TN
four big cities which the road con
meets .Jr. p" Is used for Union Pa
cifie. and Erie" in place OF New
York. Lake Erie and Western raiiroa'
company.
The stock of the National Lead com
many i spoken of a. LEAD" and a
times when the price of the stock !
declining or at standstill, brokers am
speculators tell each other that "lea'
is heavy much to the mystifieatiol
of the greenhorn who never heard G
lead being other than heavy.
whisky sometimes ''whiskers,
which is the brokers name for tn
stock of the Distilling and Cattle Feed
inc company, IS another term whic
has often caused both fun and trouble
Some time ago a well-known brokel
in writing To "A customer who l. tota
al,stinance advocate, spoke OF "tha
whisky YOU got from me-" The broS
er meant "A block Of the stock of tn
Distilling and Cattle Feeding comp;
nv. which he had sold TO the customeI
Is1t in the letter he had used the stree
term Of whisky"
The customers wife, who Is ais
strict ON the temperance platform, 60
hold Of the letter. After giving lac
better half a curtain lecture on the ev
Of intemperanee, madam hied herse
TO the brokers' Office in Broad stree
and shaking the letter in his face d'
manded in the presence Of the ono
employees what lac meant by giyin
her husband whisky and leading hin
to become a drunkard.
Telegraph i the Wall street alis
Of Western Union Telegraph comp:
nv's stock, a. i .'Cordage, " or ''Twine,
of the stock Of the National Cordae
company. "D. and H." means IL
Delaware and Hudson Canal compan,
"St. Paul" or paul" the Chicag'
Milwaukee and It. Paul, and "k. Il.
or "Kitty, the Missouri, Kansas an
Texas railroad,
The stock Exchange is more con
monty termed "The Board" by ii
brokers, and the condition of the stoc
market they also designate in the
own manner.
The. market may be either livel,
strong, steady, feverish, tired or sici
The bottom may De knocked out OF
or Il may be dead.
. The term "lanIb" was applied TO Il
man with more money than know
edge of the ways of the stock mark
who went into Wall street to speculat
He was almost invariably shorn of a
/ he had, but of late years the genuii
lamb has been an unknown quantii
in the strret.-N y World.
, To Remove the 0dor Of Perspiratio
The camDhorafsd hath Is not refreSl