first-preference

Updated: August 8, 2026

All the Bulls in the zoological creation would have failed to elevate the drooping stocks and shares and first-preference bonds and debentures, which hung their feeble heads and declined day by day, the weaker of them threatening to fade away and diminish to a vanishing-point, as it seemed to some dejected holders who read the Stock-Exchange lists and the money article in the Times with a persistent hopefulness which struggled against the encroachments of despair.

M. E. (Mary Elizabeth) Braddon - Birds of Prey