A bucket (10) has a bottom surface (11) and opposed side walls (12, 13) as well as adjoining opposed end walls (14, 15) extending upwardly from the bottom surface (11) forming an open top defined by a rim (21). A bail (24) has one end pivotally attached to the side walls (12, 13) and the other end carries a handle (28). Spouts (18, 19) are formed at the top of each end wall (14, 15). An assembly (33, 37) is provided to hold the bail (24) in a generally horizontal position adjacent to the rim (21). When the bail is not being so held and is pivoted such that its handle (28) is adjacent to an end wall (15), its pivot length is such that when the bucket (10) is stacked with like buckets (10A, 10B, 10C, 10D, 10E), the handles (28) of the lowermost three buckets (10, 10A, 10 B) are underneath a spout (19) of the lowermost bucket (10) and the handles of the fourth and higher buckets (10C, 10D, 10E) rest in the spout of the third bucket therebelow.