One dollar or one per cent. a share on stock is one "point." Stock advances and recedes by "points," and is always so quoted.

"PRIVILEGES."

"Puts," "calls" and "option" come under the general head of "privileges."

"PROMOTER."

A broker who secures the capital to finance corporations.

"REALIZING."

Closing out stocks or contracts of any kind to secure profits.

"SOFT SPOT."

A general but slight weakness shown in prices.

"AN OVERSOLD MARKET."