text_original: The presence of such a body of men whose wits are trained by experience of market movements, and who are ready at any moment to back their judgment by buying and selling large quantities of wheat for future delivery, is considered to exert a steadying effect on the price of wheat, and to lessen the extent of fluctuations in the price.
text_transcription: THE PRESENCE OF SUCH A BODY OF MEN WHOSE WITS ARE TRAINED BY EXPERIENCE OF MARKET MOVEMENTS AND WHO ARE READY AT ANY MOMENT TO BACK THEIR JUDGMENT BY BUYING AND SELLING LARGE QUANTITIES OF WHEAT FOR FUTURE DELIVERY IS CONSIDERED TO EXERT A STEADYING EFFECT ON THE PRICE OF WHEAT AND TO LESSEN THE EXTENT OF FLUCTUATIONS IN THE PRICE
phonemes: ðə pɹˈɛzəns ʌv sˈʌtʃ ɐ bˈɑːdi ʌv mˈɛn hˌuːz wˈɪts ɑːɹ tɹˈeɪnd baɪ ɛkspˈiəɹɪəns ʌv mˈɑːɹkɪt mˈuːvmənts, ænd hˌuː ɑːɹ ɹˈɛdi æɾ ˌɛni mˈoʊmənt tə bˈæk ðɛɹ dʒˈʌdʒmənt baɪ bˈaɪɪŋ ænd sˈɛlɪŋ lˈɑːɹdʒ kwˈɔntᵻɾiz ʌv wˈiːt fɔːɹ fjˈuːtʃɚ dᵻlˈɪvɚɹi, ɪz kənsˈɪdɚd tʊ ɛɡzˈɜːt ɐ stˈɛdiɪŋ ɪfˈɛkt ɔnðə pɹˈaɪs ʌv wˈiːt, ænd tə lˈɛsən ðɪ ɛkstˈɛnt ʌv flˌʌktʃuːˈeɪʃənz ɪnðə pɹˈaɪs.