stocks

noun[plural only]2

1. •
   A device, similar to a pillory, formerly used for public humiliation and punishment.

   • Opposite the almshouses is the bow-fronted post office and shop, while near by, beneath the trees on the green, is the old whipping post and stocks, the latter pierced by five holes. — 1980
2. •
   The frame upon which a ship is built, and from which it is launched.