=CURBSTONE BROKER:= One who usually, not being a member of the stock exchange, goes from office to office or transacts his business on the curb. =DELIVERY:= The actual turning over to the buyer of the thing bought. If delivery is offered after hours, the buyer may refuse it until the following business day, but the seller has no right to demand interest for extended time. =DIVIDEND:= A portion of the profit of a corporation authorized by the board of directors to be paid to the stockholders. =DUMP:= An amount of stock that is forced upon the market for the purpose of getting rid of it. It does not mean so much the disposing of an undesirable investment but in offering any investment in large amounts. =EVEN:= A broker is even on stock when he has contracted to receive and deliver equal amounts of the same stock with another broker. A settlement of the difference in prices is the only thing called for. =FLURRY:= A small panic. An excitement caused by a rapidly falling market and advancing money rates. =FUTURES:= Buying or selling grain for future delivery. Literally speaking when you buy grain in February which is known as _May grain_ you contract for delivery in May at prices then existing. =IN SIGHT:= The amount of grain, coffee, cotton, tobacco, or any commodity available for immediate use. =LIMIT:= A price which a broker must not exceed in executing an order for his customers. It may also be a restriction of the amount to be purchased or sold. =LISTED SECURITIES:= Securities before they can be listed upon any board of trade or stock exchange must have complied with certain rules of the exchange. This does not imply that listed stock has any greater intrinsic merit than unlisted stock but it merely shows that certain facts and figures in relation to the security have been given more or less publicity. =LONG:= One who holds stock or grain for a rise in price, or, one who has a contract under which he can demand such stock or grain on or before a certain day. The opposite of _short_. =MARGIN:= An amount of money deposited with the broker to insure him against loss; a part of the purchase or selling price. =O:= The "Ticker" abbreviation for _offered_ when accompanied by figures; for instance, "G. N. O. 76" would mean that Great Northern Common Stock was offered at $76.00 per share. =OPEN MARKET:= A market where any or all may buy or sell. =OPEN ORDER:= An order which is good until cancelled. =OPTION:= An agreement of purchase or sale, good only for a certain time.