Noda wasn't hedging or even speculating in the normal sense; he was playing a giant game of cat and mouse with the markets.
As in the grain and cotton markets, dealers protect themselves against price fluctuations by hedging in the future market.
Business on the Exchange followed its usual course, and the customary hedging of purchases was done by dealers.
The future contract, besides being used for the delivery of coffee during stated months in the future at a given price, is also used for hedging purposes.
Just before we came to it I asked a man who was hedgingon the side of the road how much he got a day.
Dear Sir, "I was sory as how I did not see you on thursday night when you came with Acting to Covent garden to do a small hedging in the linkinsheer handicap.
The Jessica Story assists Dramatic Hedging in regard to Shylock.
The perfection of Dramatic Hedging lies in the equal balancing of the conflicting feelings, and one of the most powerful scenes in the whole play is devoted to this twofold display of Shylock.
Has not God chiefly made use of afflictions as means of hedging me in, and shutting me up to my choice of this portion, as well as showing me that He is a sufficient portion without any other?
Similarly, the commandment which affirmed so strongly the sacredness of the family, by hedging round the house-mother with this special defence held implicit in it all that rare and lovely purity which the best type of Christian women exhibit.
If this was not hedging there never was hedging in any question of philosophy in the world; and so far as she could make out philosophy was simply the science of hedging.
As far as I could," said I--another of those damnedhedging responses that for the life of me I could not manipulate properly.
I peered and again made out the sober, stern faces hedging me, but they gave me no answer to my mutely anxious query.
The field labourer of northern countries may be but a hapless hind, hedging and ditching dolefully, or at best serving a steam-beast with oil and fire; but in the land of the Georgics there is the poetry of agriculture still.
The field-labourer of northern counties may be but a hapless hind, hedging and ditching dolefully, or at least serving a steam-beast with oil and fire, but in the land of the Georgics there is the poetry of agriculture still.
But this hedging philosophy requires that long run should be there; and this makes it inapplicable to the question of religious faith as the latter comes home to the individual man.
It is like those gambling and insurance rules based on probability, in which we secure ourselves against losses in detail by hedging on the total run.
This was to be the boundary of her world, this white and black rim of the forest hedging all about.
Now, albeit rounder, firmer and fuller of figure than when she had departed in search of that bigger world beyond the rim of the hedging forest, it was the same Miss Lady of the Big House once more.
And, specially, since scarcely potent he Through hedging walls of houses to inject His exhalations hot, with ardent rays.
For hunting by pit-fall and by fire arose Before the art of hedging the covert round With net or stirring it with dogs of chase.
He had, therefore, with some difficulty, provided himself with funds, and was prepared to set about his hedgingoperations as soon as he could find Madam Gordeloup on his return to London.
He would be lessening the odds against himself by a judicious hedgingof his bets.
I expect if the truth was known very few notables or officials have not been hedging with the Arabs.
I'll make a hedging bet and break even with you, Mr. Massingale," he said.
More and more he had been compelled to buy and hold, until now the bare attempt to unload would have started the panic which was only waiting for some hedging seller to fire the train.
There were open spots and aisles and squares of sand; and hedging rows of prickly pear and the huge spider-legged ocatillo and hummocky masses of clustered bisnagi.
As already stated, a hedging bill had been discovered, on the scene of the murder, smeared with blood, and unquestionably the weapon with which the crime had been committed.
Beside the corpses, lay a large bottle wrapped in straw, and a bloody hedging bill, which undoubtedly had been the instrument used to accomplish the murder.
He knew now that what he had called hedging circumstances had been God's very Hand.
And here he was with no hedging circumstances to keep him in the right path, standing at the parting of the ways.
Thus, by the hedging process, the merchant loses a possible profit on a falling market, but at the same time fails to suffer a loss when the market is against him.
Hedging as Practiced By Cotton Manufacturers The manufacturer's hedging is necessarily somewhat different in practice, though the same in principle.
Illustration: The floor of the New York Cotton Exchange] How Merchants Secure Protection by Hedging The cotton merchant, in making a hedge, would proceed in this fashion.
In normal times the selling of merchants and the buying of manufacturing engaged in actual and bona fide hedging transaction has been estimated by competent authorities to make up fully seventy-five per cent.
