text_original: The primary reason for dealing in futures is that the merchant who buys a large quantity of wheat, which he intends to sell again at some future time, may be able to insure himself against loss by a fall in price whilst he is holding the wheat he has bought.
text_transcription: THE PRIMARY REASON FOR DEALING IN FUTURES IS THAT THE MERCHANT WHO BUYS A LARGE QUANTITY OF WHEAT WHICH HE INTENDS TO SELL AGAIN AT SOME FUTURE TIME MAY BE ABLE TO INSURE HIMSELF AGAINST LOSS BY A FALL IN PRICE WHILST HE IS HOLDING THE WHEAT HE HAS BOUGHT
phonemes: ðə pɹˈaɪmɚɹi ɹˈiːzən fɔːɹ dˈiːlɪŋ ɪn fjˈuːtʃɚz ɪz ðætðə mˈɜːtʃənt hˌuː bˈaɪz ɐ lˈɑːɹdʒ kwˈɔntᵻɾi ʌv wˈiːt, wˌɪtʃ hiː ɪntˈɛndz tə sˈɛl ɐɡˈɛn æt sˌʌm fjˈuːtʃɚ tˈaɪm, mˈeɪ biː ˈeɪbəl tʊ ɪnʃˈʊɹ hɪmsˈɛlf ɐɡˈɛnst lˈɔs baɪ ɐ fˈɔːl ɪn pɹˈaɪs wˌaɪlst hiː ɪz hˈoʊldɪŋ ðə wˈiːt hiː hɐz bˈɔːt.