ARCHLI

bull

Dictionary of American Words And Phrases by John Russell Bartlett.

A stock exchange term for one who buys stock on speculation for time, i. e. agrees with the seller, called a bear, to take a certain sum of stock at a future day, at a stated price; if at that day stock fetches more than the price agreed on, he receives the difference; if it falls or is cheaper, he either pays it, or becomes a "lame duck." This description of a bull from Grose's Slang Dictionary, corresponds precisely with the bulls of Wall street, who speculate in stocks in the same manner. See Lame Duck and Bear, the names of other classes who figure in the stock exchange.


There was a sauve qui peut movement to-day in the Stock Market, and the clique of bulls finding it impossible to stem the rush, gave up the attempt to stem the market and let things go down with a run. . . . Such a state of the market as is now exhibited, is nearly as bad for the bears as the bulls.--N. Y. Tribune, Dec. 10, 1845.

There is something of a panic in Wall street, and the bulls fare hard.--N. Y. Journal of Commerce, Dec. 10, 1845.

It is usual for the brokers to collect in Wall street, sometimes in such numbers as to obstruct the way. This led to a petition to the board of aldermen complaining of

"An encumbrance upon the sidewalks, for that every week-day morning, between 9 and 11, certain bulls and hears do congregate upon the sidewalk, on the northerly side of Wall street nearly opposite Hanover street, in such numbers as entirely to obstruct the way of foot passengers, so that they are compelled to take the middle of the street, or cross over to the walk on the opposite side." The prayer is, "that the nuisance may be abated." Ald. Dod moved to lay the memorial on the table. Ald. McElrath said that the petition was very respectably signed, and trusted it would receive a respectful consideration: the petitioners were serious, asked the removal of an obstruction, and used the terms well known.--N. Y. Tribune, 1847.

Dictionary of American Words And Phrases by John Russell Bartlett.

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