. Corn; growing, judging, breeding, feeding, marketing; for the farmer, student and teacher of agriculture, a textbook for agricultural colleges and high shcools. Corn. The sign-manual of the pit trader is simplicity itself, and with a very little practice anyone can become adept at it; but it calls for natural apti- tude to be a master of the strategy and general- ship demanded of a good broker. Corn having sold at 48 cents, for instance, a trader catches the eye of some one opposite in the pit who has 50,000 bushels to sell, and partly by telepathy, Jq^i-jq~'~7 l- partly by a motion of the c
. Corn; growing, judging, breeding, feeding, marketing; for the farmer, student and teacher of agriculture, a textbook for agricultural colleges and high shcools. Corn. The sign-manual of the pit trader is simplicity itself, and with a very little practice anyone can become adept at it; but it calls for natural apti- tude to be a master of the strategy and general- ship demanded of a good broker. Corn having sold at 48 cents, for instance, a trader catches the eye of some one opposite in the pit who has 50,000 bushels to sell, and partly by telepathy, Jq^i-jq~'~7 l- partly by a motion of the clenched fist, signals that he will take the "50 corn" at 48. The seller, in reply, holds up his right hand with the index finger extended horizontally, indicating that he wants 48| cents. The buyer motions acceptance and signals back -J. The two traders note on their cards "Sold 50 at i, Jones" and "Bot 50 at i, ; After they leave the pit they meet and check the operation. The hand being held horizontally, the clenched fist indicates the price in even cents. Each finger represents an added eighth of a cent up to five-eighths; the extended hand with the fingers close together means three-quarters and the thumb only, signals seven-eigths; but the whole hand displayed vertically means 25,000 bushels, each finger counting 5,000 bushels; whether offered or being bid for, is shown by a slight motion of the hand to or from the trader making the signal. The ofiScial reporter stationed in the pit sees all the signaHng, and party by ob- servation and partly on information given him by the traders, notes the latest price and gives it to a telegraph operator at his side to be "put on the ; Thus the price of grain is made every moment of the session and transmitted to all the markets of the world. When understood, the chaos of the pit becomes an intelligible language even to the nonparticipant. on. Please note that these images are extrac
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Keywords: ., bo, bookcentury1900, bookdecade1910, booksubjectcorn, bookyear1915
