Wheat Fields and Markets of the WorldModern miller Company, 1908 - 418 páginas |
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Términos y frases comunes
acres agricultural America amount of wheat annually Antwerp approximately Argentina Australia Austria-Hungary average yield Balkan banks Bessarabia Black Sea Buenos Aires Bulgaria bushels bushels of wheat buyers Canada Caucasia central CHAPTER climate corn course crop rotation cultivation Danube drouth Duluth duty eastern elevator companies estimated Europe European Russia exports of wheat farm farmers flour France Galatz Germany grain exchanges grain trade growing grown Gulf of Taganrog harvest Hungary importing countries increased India Kansas labor Liverpool Manitoba ments miles millers mills Minneapolis Minnesota North Dakota northern Northwest Odessa peasants ports provinces railroad raised region river Roumania Saskatchewan season seed sell shipments shipped short crop southern spring wheat stations steamers Sulina supply tion United Kingdom vessels western wheat acreage wheat and flour wheat crop wheat lands wheat-growing countries Winnipeg winter wheat yield per acre
Pasajes populares
Página 239 - People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want.
Página 281 - February, 1859, with authority "to maintain a commercial exchange; to promote uniformity in the customs and usages of merchants ; to inculcate principles of justice and equity in trade ; to facilitate the speedy adjustment of business disputes ; to acquire and disseminate valuable commercial and economic information and generally to secure to its members the benefits of co-operation in the furtherance of their legitimate pursuits...
Página 281 - The fact that contracts are satisfied in this way by set-off and the payment of differences detracts in no degree from the good faith of the parties, and if the parties know when they make such contracts that they are very likely to have a chance to satisfy them in that way and intend to make use of it, that fact is perfectly consistent with a serious business purpose and an intent that the contract shall mean what it says.
Página 280 - Trade was incorporated we cannot doubt that it was expected to afford a market for future as well as present sales, with the necessary incidents of such a market, and while the State of Illinois allows that charter to stand, we cannot believe that the pits, merely as places where future sales are made, are forbidden by the law. But again, the contracts made in the pits are contracts between the members. We must suppose that from the beginning as now, if a member had a contract with another meml>er...
Página 281 - To maintain a Commercial Exchange ; to promote uniformity in the customs and usages of merchants ; to inculcate principles of justice and equity in trade ; to facilitate the speedy adjustment of business disputes ; to acquire and to disseminate valuable commercial and economic information ; and, generally, to secure to its members the benefits of co-operation in the furtherance of their legitimate pursuits.
Página 240 - Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want. It is true that the success of the strong induces imitation by the weak, and that incompetent persons bring themselves to ruin by undertaking to speculate in their turn. But legislatures and courts generally have recognized that the natural evolutions of a complex society are to...
Página 280 - We must suppose that from the beginning, as now, if a member had a contract with another member to buy a certain amount of wheat at a certain time and another to sell the same amount at the same time, it would be deemed unnecessary to exchange warehouse receipts. We must suppose that then, as now, a settlement would be made by the payment of differences, after the analogy of a clearing house. This naturally would take place no less that the contracts were made in good faith for actual delivery, since...
Página 281 - The said corporation is hereby authorized to establish such rules, regulations and by-laws, for the management of their business, and the mode in which it shall be transacted, as they may think proper.
Página 220 - Local topography has a marked effect on the amount of rainfall. Clean summer fallowing and alternate-year cropping, together with thorough tillage, are the basis of successful dry farming in the Great Basin. Wheat and alfalfa are the, most important crops now grown on the dry lands of the Great Basin. Thin seeding is found essential to the best results with these crops. Under the best methods of tillage the land appears to remain highly productive even where no other crop than wheat is grown. Dry...
Página 390 - D'Awtry, a member of the same society, living in Broad-street, being two of those Physicians that were presented by the College to the Lord Mayor and Court of Aldermen of the City of London...