Word: winnipeg
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Dates: during 1910-1919
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...hedge" by short sales on the exchanges when they buy to grind or to ship. If the wheat the miller buys to grind goes down, and with it the price of flour, his loss is offset by a profit on the short sale, and vice versa. When "futures" at Winnipeg were forbidden recently, grain ceased to come in from the farms, as buyers were afraid to buy from the farmers unless they could "hedge" by a "future" at Winnipeg. The prohibition had to be removed. (4) By collecting information of worldwide conditions of supply and demand, and expressing them...