hotel business. They buy stocks put on the local marked
in their own account or deal in produce on commission on
behalf of their clients. They make up an important medium
in produce business in Manchuria. .
River Beans or cart Beans are generally stored in osier
bins in the wholesalers’ or bean mill yards. Each bin may
hold 800-800 ‘‘koku’’ Beans. Business in osier bin Beans
is conducted direct in most cases between wholsalers and
bean mills and on this account, the business is commonly
larger-scaled than business in river-or cart-Beans. Another
peculiarity is that ogier bin Beans are disposed of more
frequently by Forward contract than in Spots.
Train Beans are such as are stored within the station
yards or in the wholesalers’ yards, and they are dealt in
between wholesalers, between wholsalers and bean mills,
or between wholesalers and merchants. Business is usually
concluded by means of samples
2) By Forwarp CONTRAQT
(a) ForwaArD CoNTRACT DEALS
Both price and quantity are agreed upon in advance
between sellers and buyers to effect delivery of the stocks
at the date named. Ordinary goods are made the standard
as in the case of spot deals, ‘and the standard currency and
Juantity units in different localities are gone by.
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