Regulating Transactions of Cotton Exchanges, Hearings Before ..., 70-1 on H.R. 11017 ..., April 11 ... May 8, 19281928 - 202 páginas |
Términos y frases comunes
actual cotton ADKINS amendment American Cotton Shippers ASWELL bales of cotton Board of Trade bushels buyer cents CHAIRMAN CLARKE CLAYTON commodity Congress contract market Cotton Association cotton futures exchange cotton market cotton merchants Cotton Shippers Association crop dealer delivered Department of Agriculture farmer Federal Trade Commission firm fixed FULMER future trading futures contracts futures market Galveston Gilbert N going GOUGH grade of cotton grain exchanges grain futures act hedging Houston HUBBARD interest JONES KETCHAM KINCHELOE legislation limit manipulation mill MILLER month notices of delivery number of bales operations Orleans Orleans Cotton Exchange present producer proposed purpose of artificially regulations retendering SAFFORD Secretary of Agriculture sell seller shipped short selling Smith-Lever Act sold South southern delivery speculation spinner spot cotton spot markets tender TENNY tion to-day transactions wheat York Cotton Exchange York exchange York market
Pasajes populares
Página 185 - ... if any for the modification or setting aside of its original order, with the return of such additional evidence. The judgment and decree of the court shall be final, except that the same shall be subject to review by the Supreme Court upon certiorari as provided in section two hundred and forty of the Judicial Code.
Página 186 - It shall be unlawful for any person to deliver for transmission through the mails or in interstate commerce by telegraph, telephone, wireless, or other means of communication any offer to make or execute, or any confirmation of the execution of, or any quotation or report of the price of, any Contract of sale of grain for future delivery...
Página 161 - Articles normally in such current of commerce shall not be considered out of such commerce through resort being had to any means or device intended to remove transactions in respect thereto from the provisions of this Act. For the purpose of this paragraph the word "State" includes Territory, the District of Columbia, possession of the United States, and foreign nation.
Página 162 - ... products and by-products thereof in interstate commerce, and that such fluctuations in prices are an obstruction to and a burden upon interstate commerce in grain and the products and by-products thereof and render regulation imperative for the protection of such commerce and the national public interest therein.
Página 176 - Provide that cotton that, because of the presence of extraneous matter of any character, or irregularities or defects, is reduced in value below that of...
Página 70 - When the governing board thereof does not exclude from membership in, and all privileges on, such board of trade, any duly authorized representative of any lawfully formed and conducted cooperative association of producers...
Página 183 - ... or values of middling cotton and of other grades of cotton for which standards shall have been established by the Secretary of Agriculture: Provided, That if there be not sufficient places, in the markets of which are made bona fide sales of spot cotton of grades for which standards are established by the Secretary of Agriculture to enable him to designate at least five spot markets in accordance with section...
Página 161 - contract of sale" shall be held to include sales, agreements of sale, and agreements to sell. The word "person" shall be construed to import the plural or singular, and shall include individuals, associations, partnerships, corporations, and trusts.
Página 186 - Provided, That nothing in this section shall be construed to prohibit the Secretary of Agriculture from making or issuing such reports as he may deem necessary, relative to the conduct of any board of trade, or...
Página 180 - Subject to Internal Revenue Code, section 4863.'" (c) Delivery allowances. For the purpose of this section, the differences above or below the contract price which the receiver shall pay for cotton of grades above or below the basis grade in the settlement of a contract of sale for the future delivery of cotton shall be determined by the actual commercial differences in value thereof upon the sixth business day prior to the day fixed, in accordance with...