Sentence:  Well, you know all about how we dine, and assume, as you may, that we never ate more heartily, <WSD>hob</WSD>[-]nobbed more cordially, or interchanged with more frankness and sincerity all the affectionate social amenities which flow from a community of feeling amongst men who are bound together by the great bond of intellectual citizenship, members of the great "mysteries" of knowledge. 
Meaning of the word marked with <WSD> tags:  To associate with in a friendly manner, often with those of a higher class or status.