Future Trading: Hearings Before ..., 66-3, January and February, 19211921 - 1070 páginas |
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Página 5
... fix a late date , if possible , so that they may have an opportunity to come here . It takes about 48 hours to get here ... fixed as the time , if that is convenient . The CHAIRMAN . It has been suggested that the time allotted to these ...
... fix a late date , if possible , so that they may have an opportunity to come here . It takes about 48 hours to get here ... fixed as the time , if that is convenient . The CHAIRMAN . It has been suggested that the time allotted to these ...
Página 16
... fixed at which you buy the corn , and when you sell it you divide up among the farmers from whom you received it the dividend or whatever it is ? Mr. MIDDLETON . Yes ; we have a cooperative system of distribut- ing earnings . We give so ...
... fixed at which you buy the corn , and when you sell it you divide up among the farmers from whom you received it the dividend or whatever it is ? Mr. MIDDLETON . Yes ; we have a cooperative system of distribut- ing earnings . We give so ...
Página 33
... fixed because we are to pay the market price at time of delivery . But , ordinarily , grain comes to us every day for sale that day on a market that we must fix . Now , gentlemen of the committee , there is nothing mysterious about how we ...
... fixed because we are to pay the market price at time of delivery . But , ordinarily , grain comes to us every day for sale that day on a market that we must fix . Now , gentlemen of the committee , there is nothing mysterious about how we ...
Página 47
... fixed price . Mr. TINCHER . And the board of trade , or I will not say the board of trade , but to distinguish between boards of trade and chambers of commerce and the grain exchange , on which men FUTURE TRADING . 47.
... fixed price . Mr. TINCHER . And the board of trade , or I will not say the board of trade , but to distinguish between boards of trade and chambers of commerce and the grain exchange , on which men FUTURE TRADING . 47.
Página 49
... fixed ? Mr. REYNOLDS . They fixed the price . But let me qualify that a little ; I say they fixed the price - if we found any one who would buy grain above the fixed price , and we notified the Grain Corpora- tion , and they allowed it ...
... fixed ? Mr. REYNOLDS . They fixed the price . But let me qualify that a little ; I say they fixed the price - if we found any one who would buy grain above the fixed price , and we notified the Grain Corpora- tion , and they allowed it ...
Términos y frases comunes
Agriculture believe BERRY bill board of trade bought bucket shop bushels of wheat BUTLER buyer CALVIN CARAWAY cash grain cash wheat cents a bushel CHAIRMAN chamber of commerce CHAMBERLAIN Chicago Board commission committee commodity consumer contract cooperative corn cotton exchanges crop CROSBY deal deliver DICKINSON difference ECKHARDT elevator export fact farm farmer Federal Trade Commission flour fluctuations future contracts future delivery future market future trading gambling GATES gentlemen Gilbert N grades grain business grain exchanges handling HARGIS HARWOOD hedge HULINGS HUTCHINSON JACOWAY Kansas legislation manipulation margin MCKINLEY MCLAUGHLIN of Michigan mill miller Minneapolis MURRAY North Dakota oats operations option Orleans Cotton Exchange producer profit protect purchase PURNELL question REYNOLDS risk sell seller Senator DIAL ship short selling sold speculation statement STEENERSON SUMNERS thing TINCHER tion to-day transaction VOIGT WOLLIN
Pasajes populares
Página 826 - ... in commerce, and if it shall appear to the Commission that a proceeding by it in respect thereof would be to the interest of the public, it shall issue and serve upon such person, partnership, or corporation a complaint stating its charges in that respect and containing a notice of a hearing upon a day and at a place therein fixed at least thirty days after the service of said complaint.
Página 283 - Provide that in case cotton of grade other than the basis grade be tendered or delivered in settlement of such contract, the differences above or below the contract price which the receiver shall pay for such grades other than the basis grade shall be the actual commercial differences, determined as hereinafter provided.
Página 704 - It is true that the success of the strong induces imitation by the weak, and that incompetent persons bring themselves to ruin by undertaking to speculate in their turn. But legislatures and courts generally have recognized that the natural evolutions of a complex society are to be touched only with a very cautious hand, and that such coarse attempts at a remedy for the waste incident to every social function as a simple prohibition and laws to stop its being are harmful and vain.
Página 584 - Of course, in a modern market contracts are not confined to sales for immediate delivery. People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want.
Página 836 - The person, partnership, or corporation so complained of shall have the right to appear at the place and time so fixed and show cause why an order should not be entered by the commission requiring such person, partnership, or corporation to cease and desist from the violation of the law so charged In said complaint.
Página 579 - The objects of the corporation, as declared by the charter and by-laws, are " to maintain a commercial exchange ; to promote uniformity in the customs and usages of merchants ; to inculcate principles of justice and equity in trade ; to facilitate the speedy adjustment of business disputes; to acquire" and to disseminate valuable commercial and economic information ; and generally, to secure to its members the benefits of co-operation in the furtherance of their legitimate pursuits.
Página 830 - ... cattle are sent for sale from a place in one State, with the expectation that they will end their transit, after purchase, in another, and when in effect they do so, with only the interruption necessary to find a purchaser at the...
Página 585 - Such a view seems to us hardly consistent with the admitted fact that the quotations of prices from the market are of the utmost importance to the business world, and not least to the farmers; so important, indeed, that it is argued here and has been held in Illinois that the quotations are clothed with a public use. It seems to us hardly consistent with the obvious purposes of the plaintiff's charter, or indeed with the words of the statute invoked. The sales in the pits are not pretended, but,...
Página 671 - In the view which we take, the proportion of the dealings in the pit which are settled in this way throws no light on the question of the proportion of serious dealings for legitimate business purposes to those which fairly can be classed as wagers or pretended contracts.
Página 284 - Government as to the classification of any cotton for the purposes of this paragraph shall be accepted in the courts of the United States in all suits between the parties to such contract, or their privies, as prima facie evidence of the true...