Chapter VIII. How Manchurian Beans are Dealt In The way Manchurian Beans, Bean Cake, and Bean Oil are dealt in may be roughly classed under two heads, one of them being business on the Exchanges and the other that outside the Exchanges which latter refers to the ordinary business practice as has been in vogue in Man- churia for vears. SECTION I.—BUSINESS ON THE EXCHANGE In Manchuria, there are Japanese Exchanges and Chinese Exchanges. (A) Ox JapaNESE EXCHANGES The Japanese Exchanges have been established by Kwantung Government according to the regulations govern- ing the Exchanges. To each of these Exchanges is attached a Trust & Guaranty Co. as the medium guarantying the actual delivery of the goods bargained for and also for settling ihe accounts. At present, such Exchanges are maintained at Dairen, Mukden, Kaiyuan, Ssupingkai, Kungchuling, and Changchun. The articles dealt in on these Exchanges vary more or less according to places, but each is generally divided into the Produce and the Currency Department. In the matter of Produce, the principal articles are Beans, Bean Cake, Bown Oil, and kaoliang. a0)