delivery, it is available as a financing instrument to its 
holder. 
‘c) BUSINESS ON PAPER 
Business on paper may be distinguished from the other 
methods, in that no bean stocks come in as an actual factor 
of the bargain. Both price and quantity are gareed upon 
between the parties concerned in advance as in the other 
cases, but when the time of delivery arrives, what margin 
there is left from the current standard quotation is paid by 
the party who owes is. Practically, the transactions 
strongly smuck of speculative nature. 
The Chinese authorities have good reason to have 
prohibited the questionable practice, and few deals are 
nowadays carried on openly on the lines indicated. 
hs