FLT

As printed on the tape by the stock ticker these letters mean flat (without interest); see Flat. ) Fluctuation. An upward and downward movement in price. ) The smallest fluctuation (quotable change in price) permitted on the New York Stock Exchange is 1-8 of 1 per cent, which is equal to $12.50 on 100 shares of stock of the par (face) | value of $100 each or on $10,000 of bonds. The smallest fluctuations in commodities are: Grain 1-8 of j i i » =. — - I cent a bushel, equal to $6.25 on 5,000 bushels (someti there is a “split” quotation of 1-16 of 1 cent); lard, 1 cent per 100 pounds, equal to $8.50 on 250 tierces (85,000 pounds); pork, 2 1-2 cents per barrel, equal to $6.25 on 250 barrels; short ribs, 2 1-2 cents per 1,000 pounds, equal to $12.50 on 50,000 pounds; cotton, 1 point (one-hundredth of a cent) per pound, equal to $5 on I00 bales (50,000 pounds); coffee, 5 points per pound, equal to $16.25 on 250 bags (32,500 pounds); silver bullion, 1-8 of I cent per ounce, equal to $1.25 on 1,000 ounces. \ Flurry. A speculative term, meaning a’sudden commotion in prices of securities or commodities or in the rates for money. 204