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Wall Street Stories
Wall Street Stories

Chapter II

Chapter 2 of Wall Street Stories is here in full — 435 sentences across 87 reading sections, with audio for every sentence and word.

Cover illustration for Wall Street Stories
Context Illustration Reading 1/87 · 5 lines
English subtitles · tap any word to listen 1 / 5
They were men who never speculated”; sometimes they conducted financial operations.”
They had shears, not fleeces.
The prospectus of the Trust was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.
In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were listed on the New York Stock Exchangethat is, they were placed on the list of securities which members may buy or sell on the floor of the Exchange.
Tabularly expressed, the syndicate’s operations were as follows:
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LEARNER DICTIONARY
Archivist
/ˈɑːrkɪvɪst/
Editorial verification pending

A keeper or guardian of historical records and memories.

Wall Street Stories

Chapter II

Chapter 2 of Wall Street Stories is here in full — 435 sentences across 87 reading sections, with audio for every sentence and word.

Reading 1/87 · 5 reading units · Lines 1–5

Line 1
They were men who neverspeculated”; sometimes theyconducted financial operations.”
/ðeɪ wɜːr men huː ˈnevər ˈspekjəleɪtɪd səmˈtaɪmz ðeɪ kənˈdʌktəd fəˈnænʃəl ˌɑːpərˈeɪʃənz/
Line 2
They had shears, not fleeces.
/ðeɪ hæd ʃiːrz nɑːt ˈfliːsɪz/
Line 3
The prospectus of theTrustwas a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.
/ðə prəˈspektəs ʌv ðə trʌst wɑːz ə ˈmæstərpiːs ʌv pərˈsweɪsɪvnəs ənd ˈveɪɡnɪs ʌv slɪm stəˈtɪstɪks ənd əˈlʊrɪŋ ˌdʒenərˈælətiz/
Line 4
In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock werelistedon the New York Stock Exchangethat is, they were placed on the list of securities which members may buy or sell on thefloorof the Exchange.
Line 5
Tabularly expressed, the syndicate’s operations were as follows:

Learner Dictionary

These definitions explain words found in the current reading and keep every example grounded in its original sentence.

Oxford-style entry order: headword, part of speech, US IPA, concise definition, contextual example, and audio.

fleeces noun US /ˈfliːsɪz/

plural of “fleece” — the wool of a sheep or similar animal

From this reading “They had shears, not fleeces.”

generalities noun US /ˌdʒenərˈælətiz/

plural of “generality” — an idea or conclusion having general application

From this reading “The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.”

listed adjective US /ˈlɪstəd/

on a list

From this reading “In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.”

persuasiveness noun US /pərˈsweɪsɪvnəs/

the power to induce the taking of a course of action or the embracing of a point of view by means of argument or entreaty

From this reading “The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.”

prospectus noun US /prəˈspektəs/

a formal written offer to sell securities (filed with the SEC) that sets forth a plan for a (proposed) business enterprise

From this reading “The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.”

subscribed adjective US /səbˈskraɪbd/

(of a contract or will or other document) having a signature written at the end

From this reading “In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.”

syndicate's noun US /ˈsɪndɪkəts/

possessive form of “syndicate” — a loose affiliation of gangsters in charge of organized criminal activities

vagueness noun US /ˈveɪɡnɪs/

unclearness by virtue of being poorly expressed or not coherent in meaning

From this reading “The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.”

Word partnerships in these lines

English keeps certain words together, and knowing the pair is worth more than knowing each word alone. Every partnership below was counted across our whole published library, and earns its place by appearing far more often than two unrelated words of the same frequency would.

Shown as this reading writes them, with the form the library counts, what kind of pairing it is, and how often it occurs.

greater part adjective + noun

In this reading “In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.”

due course adjective + noun

In this reading “In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.”

list of verb + particle

In this reading “In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.”

All words in this reading · 63

Every word in these five lines is listed here, and every one of them can be played on its own.

Dictionary details are shown only when verified; these are not licensed Oxford entries.

25,000,000

Dictionary entry pending editorial verification. Tap Listen to hear the word.

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

adeterminerUS /ə/

used before a singular noun to mean one of a group, when it is not a particular one

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

alluringadjectiveUS /əˈlʊrɪŋ/

highly attractive and able to arouse hope or desire

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

andconjunctionUS /ənd/

used to join words or parts of a sentence that go together

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

asconjunctionUS /æz/

at the same time that; because; in the way that

From this reading Tabularly expressed, the syndicate’s operations were as follows:

bondsnounUS /bɑːndz/

plural of “bond” — an electrical force linking atoms

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

bothdeterminerUS /boʊθ/

the two together, not just one

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

buyverbUS /baɪ/

obtain by purchase; acquire by means of a financial transaction

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

conductedverbUS /kənˈdʌktəd/

past form of “conduct” — direct the course of; manage or control

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

coursenounUS /kɔːrs/

education imparted in a series of lessons or meetings

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

dueadjectiveUS /duː/

owed and payable immediately or on demand

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

ExchangenounUS /ɪksˈtʃeɪndʒ/

chemical process in which one atom or ion or group changes places with another

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

expressedadjectiveUS /ɪkˈsprest/

communicated in words

From this reading Tabularly expressed, the syndicate’s operations were as follows:

financialadjectiveUS /fəˈnænʃəl/

involving financial matters

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

fleecesnounUS /ˈfliːsɪz/

plural of “fleece” — the wool of a sheep or similar animal

From this reading They had shears, not fleeces.

floornounUS /flɔːr/

the inside lower horizontal surface (as of a room, hallway, tent, or other structure)

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

followsverbUS /ˈfɑːloʊz/

third-person singular of “follow” — to travel behind, go after, come after

From this reading Tabularly expressed, the syndicate’s operations were as follows:

forprepositionUS /fɔːr/

intended to be given to, or used by, somebody

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

generalitiesnounUS /ˌdʒenərˈælətiz/

plural of “generality” — an idea or conclusion having general application

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

greateradjectiveUS /ˈɡreɪtər/

greater in size or importance or degree

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

hadauxiliary verbUS /hæd/

the past form of “have”, used to form the past perfect

From this reading They had shears, not fleeces.

InprepositionUS /ɪn/

inside something, or within a place, period, or state

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

isauxiliary verbUS /ɪz/

the form of “be” used with he, she, it, or a singular noun

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

listverbUS /lɪst/

give or make a list of; name individually; give the names of

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

listedadjectiveUS /ˈlɪstəd/

on a list

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

masterpiecenounUS /ˈmæstərpiːs/

the most outstanding work of a creative artist or craftsman

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

maymodal verbUS /meɪ/

used to say something is possible, or to give permission

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

membersnounUS /ˈmembərz/

plural of “member” — one of the persons who compose a social group (especially individuals who have joined and participate in a group organization)

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

mennounUS /men/

the force of workers available

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

neveradverbUS /ˈnevər/

not ever; at no time in the past or future

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

NewadjectiveUS /nuː/

not of long duration; having just (or relatively recently) come into being or been made or acquired or discovered

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

notadverbUS /nɑːt/

used to make a word, phrase, or sentence negative

From this reading They had shears, not fleeces.

ofprepositionUS /ʌv/

belonging to, or connected with, somebody or something

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

onprepositionUS /ɑːn/

touching and supported by a surface

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

operationsnounUS /ˌɑːpərˈeɪʃənz/

financial transactions at a brokerage; having to do with the execution of trades and keeping customer records

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

orconjunctionUS /ɔːr/

used to join alternatives or possibilities

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

partnounUS /pɑːrt/

something determined in relation to something that includes it

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

persuasivenessnounUS /pərˈsweɪsɪvnəs/

the power to induce the taking of a course of action or the embracing of a point of view by means of argument or entreaty

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

placedadjectiveUS /pleɪst/

situated in a particular spot or position

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

prospectusnounUS /prəˈspektəs/

a formal written offer to sell securities (filed with the SEC) that sets forth a plan for a (proposed) business enterprise

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

publicnounUS /ˈpʌblɪk/

people in general considered as a whole

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

securitiesnounUS /sɪˈkjʊrətiz/

plural of “security” — the state of being free from danger or injury

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

sellverbUS /sel/

exchange or deliver for money or its equivalent

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

shearsnounUS /ʃiːrz/

large scissors with strong blades

From this reading They had shears, not fleeces.

slimadjectiveUS /slɪm/

being of delicate or slender build

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

sometimesadverbUS /səmˈtaɪmz/

on certain occasions or in certain cases but not always

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

speculatedverbUS /ˈspekjəleɪtɪd/

past form of “speculate” — to believe especially on uncertain or tentative grounds

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

statisticsnounUS /stəˈtɪstɪks/

a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory to estimate population parameters

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

stocknounUS /stɑːk/

the capital raised by a corporation through the issue of shares entitling holders to an ownership interest

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

subscribedadjectiveUS /səbˈskraɪbd/

(of a contract or will or other document) having a signature written at the end

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

syndicate'snounUS /ˈsɪndɪkəts/

possessive form of “syndicate” — a loose affiliation of gangsters in charge of organized criminal activities

From this reading Tabularly expressed, the syndicate’s operations were as follows:

Tabularly

Dictionary entry pending editorial verification. Tap Listen to hear the word.

From this reading Tabularly expressed, the syndicate’s operations were as follows:

thatconjunctionUS /ðæt/

used to introduce what somebody said, thought, or felt

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

ThedeterminerUS /ðə/

used before a noun that is already known, already mentioned, or the only one of its kind

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

TheypronounUS /ðeɪ/

the people, animals, or things already mentioned, as the subject

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

timenounUS /taɪm/

an instance or single occasion for some event

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

TrustnounUS /trʌst/

something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

vaguenessnounUS /ˈveɪɡnɪs/

unclearness by virtue of being poorly expressed or not coherent in meaning

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

wasauxiliary verbUS /wɑːz/

the past form of “be” used with I, he, she, it, or a singular noun

From this reading The prospectus of the “Trust” was a masterpiece of persuasiveness and vagueness, of slim statistics and alluring generalities.

wereauxiliary verbUS /wɜːr/

the past form of “be” used with you, we, they, or a plural noun

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

whichpronounUS /wɪtʃ/

used to introduce a clause giving more about a thing just mentioned

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

whopronounUS /huː/

which person or people

From this reading They were men who never “speculated”; sometimes they “conducted financial operations.”

YorknounUS /jɔːrk/

the English royal house (a branch of the Plantagenet line) that reigned from 1461 to 1485; its emblem was a white rose

From this reading In due course of time the public subscribed for the greater part of the $25,000,000 of bonds, and both bonds and stock were “listed” on the New York Stock Exchange—that is, they were placed on the list of securities which members may buy or sell on the “floor” of the Exchange.

Chapter 2 of Wall Street Stories by Edwin Lefevre holds 435 sentences, grouped into 87 reading sections of at most 5 sentences. The text is the source edition, unabridged, and the chapter records which sentences cover which part of the work so that nothing is dropped. Every word can be tapped for its pronunciation and dictionary entry.

What does chapter 2 of Wall Street Stories contain?

Chapter 2 holds 435 sentences of Wall Street Stories, unabridged, divided into 87 reading sections.

This page carries chapter 2 of Wall Street Stories by Edwin Lefevre exactly as it stands in the source edition, without abridgement. It runs to 435 sentences, grouped into 87 sections of at most 5 sentences so that a reader can take the chapter in steady, finishable pieces. The chapter also stores a coverage record mapping every one of its sentences to a part of the work, which is how the edition demonstrates that no line was dropped.

How do I study chapter 2 of Wall Street Stories?

Work through the 87 sections in order, replaying any sentence and tapping unfamiliar words for their entries.

Each of the 87 sections in this chapter is short enough to read once, hear once, and then re-read with the vocabulary in view. Tapping a word plays it alone and opens its dictionary entry with IPA, part of speech and meaning, so the reader is never forced to guess a pronunciation from spelling. Working section by section keeps a long chapter from becoming an undifferentiated wall of text, which is the usual reason a reader abandons a work of this period.

Can chapter 2 be read aloud to me?

Yes — every sentence and every individual word in chapter 2 can be played aloud in United States English.

Audio covers the whole chapter: any sentence can be played, and any single word within it can be played on its own. The voice uses United States English. For a work of this period that matters, because spelling is an unreliable guide to pronunciation for vocabulary that has fallen out of daily use, and a learner who guesses wrong tends to keep the error. Hearing the word in its own sentence, and then alone, settles it.

Questions about reading Wall Street Stories

Common questions about reading Wall Street Stories by Edwin Lefevre on this page, its source edition and its audio.

Is this the complete text of Wall Street Stories?

Yes. All 2595 sentences of Project Gutenberg eBook #54130 are kept, with a record of which sentences cover which part.

Which edition of Wall Street Stories is used?

Project Gutenberg eBook #54130, unabridged. The Project Gutenberg header, footer and licence are removed.

How long does Wall Street Stories take to read?

About 216 minutes of reading across 519 sections of 5 sentences each, at an unhurried pace.

How to read Wall Street Stories section by section

How to work through Wall Street Stories section by section, using the audio and the tap-to-define vocabulary.

  1. Open a chapter

    Choose one of the 6 chapters of Wall Street Stories to begin.

  2. Read one section

    Each section holds 5 sentences; read it once through.

  3. Listen and tap

    Play the section aloud, then tap any unfamiliar word for its entry.

Vocabulary met early in Wall Street Stories

Words and structures a reader meets early in Wall Street Stories, each tappable for pronunciation and meaning.

Seemed
A word that appears in the opening chapter of Wall Street Stories; the reader can tap it to hear it and see its dictionary entry.
Fullerton
A word that appears in the opening chapter of Wall Street Stories; the reader can tap it to hear it and see its dictionary entry.
Colwell
A word that appears in the opening chapter of Wall Street Stories; the reader can tap it to hear it and see its dictionary entry.
Famous
A word that appears in the opening chapter of Wall Street Stories; the reader can tap it to hear it and see its dictionary entry.