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The Collaborative International Dictionary
To milk the street

Milk \Milk\ (m[i^]lk), v. t. [imp. & p. p. Milked (m[i^]lkt); p. pr. & vb. n. Milking.]

  1. To draw or press milk from the breasts or udder of, by the hand or mouth; to withdraw the milk of. ``Milking the kine.''
    --Gay.

    I have given suck, and know How tender 't is to love the babe that milks me.
    --Shak.

  2. To draw from the breasts or udder; to extract, as milk; as, to milk wholesome milk from healthy cows.

  3. To draw anything from, as if by milking; to compel to yield profit or advantage; to plunder.
    --Tyndale.

    They [the lawyers] milk an unfortunate estate as regularly as a dairyman does his stock.
    --London Spectator.

    To milk the street, to squeeze the smaller operators in stocks and extract a profit from them, by alternately raising and depressing prices within a short range; -- said of the large dealers. [Cant]

    To milk a telegram, to use for one's own advantage the contents of a telegram belonging to another person. [Cant]