deals and Future deals. As to Beans, they are dealt oftener 
in Spots, while, with Bean Cake and Bean Oil, they are 
usually transacted in by Future Contract. 
(1) Spor BusiNess IN BEANS 
Spot business in Beans outside the Exchanges may be 
subdivided into (a) on the river, (b) on the market, (c) in 
the osier bins, and (d) on the train. 
River Beans are mostly carried by junks on the river 
and are distiguished from railway shipments. River Beans 
are dealt in most extensively at Yingkou (Newchwang), 
Tiehling, Antung, Tungkiangkou, Sankiangkou, and Fafeng- 
kou coming next. 
Beans carted over to the market are classed Ttnder 
this head. During the produce season in winter, stocks are 
brought by the owners by carts to the nearest market, or 
by the retailers who have bought the stocks direct from the 
producers. On the Changchun or the Kaiyuan Market 
alone, daily arrivals are sometimes measured by 5.000 car- 
loads or thereabouts. 
In most cases, business is carried on between the 
farmers and the local produce dealers or between the 
farmers and the local produce dealers and the wholesalers 
at the pricipal produce centres on the railway, little busi- 
ness being done by Japanese buyers direct. The wholesal- 
ers are also engaged in warehousing, financing, and also 
~Y