Marketing Hay At Country Points

Excerpt from Marketing Hay at Country Points Speculators work' in divers manners. Lack of space does not per mit a full discussion of the workings of speculators. One or two illustrations will serve. Foreign speculators are those who think that prices are going to advance considerably in the immediate future. They appear in a producing section and contract for hay at' a price which the country shipper can not afiord to offer. In many instances no money is paid down to bind the bargain, because the producer is so elated with the high'price he believes he will get upon delivery of his hay. If the market does strengthen, the deal goes through; but if the market fails to advance and the price drops, the speculator suddenly leaves the region. Sometimes a few dollars per ton are paid down, and if the speculator has to break his bargain he will sometimes go to the regular country shipper and try to get relief by turning over the business upon receipt of the money paid out. When this is done, the regular shipper has the hard task of trying to convince the producers that the speculator' s high price was all wrong in order that he may be able to buy hay at what it is really worth. Such speculators cause a great deal of trouble and dissatisfaction and serve no legitimate aid in the marketing of hay. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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