The Wheat Industry for Use in Schools
The Wheat Industry for Use in Schools
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In our eReader you can find the full English version of the book. Read The Wheat Industry for Use in Schools Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Wheat Industry for Use in Schools
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Companies operate these elevators for the profits which are derived from storage charges. They do not take the chances of speculation. When the elevator runs short of stored grain, the com- pany is likely to buy enough to refill, but it im- mediately sells for future delivery with storage charges added. This is called covering. It not only removes the company from danger of loss due to falling prices, but also prevents the chance of gain as a result of advance. The grain may then change ownersh...ip many times and still remain in the same elevator. Sometimes it re- mains in storage in this way for a year or more.
The Wheat Exchange. - - The buying and sell- ing of wheat for future delivery has given rise at various places to speculative markets. The most famous of these in this country is the Chicago Board of Trade. Here many forms of farm products are handled, but wheat because of its MARKETING 141 world relation is probably the most typical. A part of the exchange dealing with wheat is known as the wheat pit.
What to read after The Wheat Industry for Use in Schools?
You can find similar books in the "Read Also" column, or choose other free books by Nels August Bengtson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Companies operate these elevators for the profits which are derived from storage charges. They do not take the chances of speculation. When the elevator runs short of stored grain, the com- pany is likely to buy enough to refill, but it im- mediately sells for future delivery with storage charges added. This is called covering. It not only removes the company from danger of loss due to falling prices, but also prevents the chance of gain as a result of advance. The grain may then change ownersh...ip many times and still remain in the same elevator. Sometimes it re- mains in storage in this way for a year or more.
The Wheat Exchange. - - The buying and sell- ing of wheat for future delivery has given rise at various places to speculative markets. The most famous of these in this country is the Chicago Board of Trade. Here many forms of farm products are handled, but wheat because of its MARKETING 141 world relation is probably the most typical. A part of the exchange dealing with wheat is known as the wheat pit.
What to read after The Wheat Industry for Use in Schools?
You can find similar books in the "Read Also" column, or choose other free books by Nels August Bengtson to read onlineMoreLess
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