"There is a large class of brokers in Wall street, who sometimes control a good deal of money, and who make speculation their business. These generally unite in squads, for the purpose of cornering--which means, that they first get the control of some particular stock, and then, by making a great many contracts on time, compel the parties to pay whatever difference they choose, or rather what they can get; for they sometimes overrate the purse of those they contract with."
A Week in Wall Street, p. 81.
The remarkable fluctuations in the Stock market, are chiefly the result of a successful cornering operation.
N. Y. Journal of Corn.
The Erie Rail-road cornering has been a very unfortunate affair for many members of the board.
N. Y. Herald.