200 



NOTES AND QUERIES. 



[2»'» S. VIII. Sept. 3. '59. 



Ocean Table Telegraphs (2"^ S. viii. 148.) — In 

 Mr. Tho. Allen's pamphlet on his Systems of In- 

 land and Svhmarine Telegraphy, he gives the fol- 

 lowing list of the cables which have been laid. It 

 contains the information which J. W. G. G. re- 

 quires, with the exception of the cost; and as I 

 suppose it may be relied upon as ccrrect, I copy 

 it for his benefit : 



This list is dated Dec. 1859. 



R. E. L. 



Bull and Bear of the Stock Exchange (2"* S. 

 viii. 79. 138.) — The following extracts are from 

 Gibber's Play of 2%e Refusal, or the Ladies Philo- 

 sophy, produced in 1720. 



This comedy affords ample proof that all the 

 gambling terms of the day must then have been 

 very generally understood ; for it abounds in al- 

 lusions to the doings in 'change alley, and one of 

 the characters, Sir Gilbert Wrangle, is a South 

 Sea Director. 



" Granger. (To Witling, who has been boasting of his 

 gain.) 



And all this out of 'Change Alley ? 

 " Witling. Every shilling, Sir, all out of stocks, 



Puts, Bulls, Rams, Bears, and Bubbles." 



And again : — 



" There (in the alley) you'll see a Duke dangling after 

 a Director ; here a Peer and a Prentice haggling for an 

 eighth ; there a Jew and a Parson making up differences ; 

 here a young woman of quality buj'ing Bears of a Quaker ; 

 and there an old one selling refusals to a lieutenant of 

 Grenadiers." — Act I. So. 1. 



"Puts" I take to be what is styled "put and 

 call," and thus managed : — Price and time being 

 agreed on, one party pays down a certain sum ; in 

 consideration of which he has the power to call 

 for delivery of the stock, or difference, on the set- 

 tling day. If the market be against him, he has 



the option of closing the transaction by the sacri- 

 fice of the " put," or deposit. 



"Bubble" only meant an undertaking, or 

 scheme, and was not used ih its present sense. 



Does the following, from the same play, offer a 

 clue to the origin of the term " Bull" ? 



" Witling. I raised my fortune. Sir, as Milo lifted the 

 Bull, by sticking to it every day when it was a Calf." 



In conclusion, what was the signification of 

 "Ram" ? This is the only place in which I have 

 met with it in connexion with the subject. 



Charles Wtlib. 



The Etymon o/" ver?j" (2°'^ S. viii. 113.) — The 

 profound critique and philological acumen of 

 your correspondent M. Philarete Chasles, 

 throw doubt on this word being a descendant of 

 the Latin verus. I am of the same opinion on. 

 this point, whatever be its real parent — Kymric 

 or Gothic. For in the East-Anglian counties, 

 where the pronunciation is pure, and at least 

 thoroughly exempt from the cockneyism of inter- 

 changing V and w, the word is always pronounced 

 wery. And this form of pronunciation is the re- 

 sult of no confusion of sounds, but is an invaria- 

 ble error of speech. H. C. C. 



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We iMve been compelled to postpone otir usual Notes on Books. 



G. S. Cliaracteristics of Men of Genius was completed in 2 vols. 1846 ; 

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A. Z. Samuel Bagnall, Incumbent ofRuncorn,is ofDoivning CoJlege, 



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