MARKET ACTIVITy IN BREMEN.

UTLIRE transactions, of course, entail certain expenses,

1 which constitute something of a bürden on the running business, while economy is a necessity for every mercantile enterprise. Out of this, originated the desire to establish a "future" market in Bremen. People feit sure that it would greatly assist the development of the market, to be able to trade in "futures" within their own portals. A certain amount of ambition may also have lent its weight. The etablishment took place, though, not under the auspices of the Bremen Cotton Exchange, but in the form of an independent society. Early in 1914, the market commenced its activities, and it was soon found, that all expectations were realised, and even sur= passed. The Clearing house, which was startedsimultaneously, fulfilledall requirements. The business with the Spinners had now a foundation, which answered all demands of modern times. Covering transactions, which previously were cabled to New^york and Liverpool, could be executed here every minute within business hours. Where Orders from Spinners were concerned, the whole transaction could be done by tele= phone. The "future" market blossomed out in such a way, that no fears were entertained for its successful future.

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