In this line of business, no fixed market is specified, 
the deals being put through generally between the producers 
and the local dealers or oftener between the dealers and 
bean mills or produce merchants. Business between local 
dealers and others at the larger centres along the railway 
takes place comparatively less frequently. 
(b} Grex Crops IN THE FIELD 
Dealing in the green crops in the field is a peculiar 
way of forward contract business in vogue in Manchuria, 
especially in North Manchuria. A bargain is concluded 
genedolly on the basis of an estimate harvest of Beans and 
a price considered as fair about the time of delivery. Such 
bargains are concluded with the producers or farmers about 
June or July by fixing the time of delivery. 70-80 per cent 
of the contract price is paid as earnest money in advance, 
and the contract is countersigned by a suitable guarantor. 
The stocks are taken delivery of against the contract paper 
on paying the balance of the price at the appointed date. 
The above method is repeated from year to year by 
Chinese produce dealers and foreign firms like the Wassards, 
ete., in North Manchuria. In some locality, the buyers 
will pay the full price in advance against a certificate for 
delivery of the bean stocks handed by the seller. This 
certificate is known as ‘‘feitzu,”’ and pending the time of 
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