text_original: As a matter of fact he does not actually deliver the wheat sold to the speculative buyer. The transaction is usually completed by the speculator paying to the merchant the difference in value between the price at which the wheat was sold and the price to which it has fallen in the interval. This payment is insured by the speculative buyer depositing a margin of so many cents per bushel at the time when the transaction was made.
text_transcription: AS A MATTER OF FACT HE DOES NOT ACTUALLY DELIVER THE WHEAT SOLD TO THE SPECULATIVE BUYER THE TRANSACTION IS USUALLY COMPLETED BY THE SPECULATOR PAYING TO THE MERCHANT THE DIFFERENCE IN VALUE BETWEEN THE PRICE AT WHICH THE WHEAT WAS SOLD AND THE PRICE TO WHICH IT HAS FALLEN IN THE INTERVAL THIS PAYMENT IS INSURED BY THE SPECULATIVE BUYER DEPOSITING A MARGIN OF SO MANY CENTS PER BUSHEL AT THE TIME WHEN THE TRANSACTION WAS MADE
phonemes: æz ɐ mˈæɾɚɹ ʌv fˈækt hiː dʌznˌɑːt ˈæktʃuːəli dᵻlˈɪvɚ ðə wˈiːt sˈoʊld tə ðə spˈɛkjʊlətˌɪv bˈaɪɚ. ðə tɹænsˈækʃən ɪz jˈuːʒuːəli kəmplˈiːɾᵻd baɪ ðə spˈɛkjʊlˌeɪɾɚ pˈeɪɪŋ tə ðə mˈɜːtʃənt ðə dˈɪfɹəns ɪn vˈæljuː bᵻtwˌiːn ðə pɹˈaɪs æt wˌɪtʃ ðə wˈiːt wʌz sˈoʊld ænd ðə pɹˈaɪs tʊ wˌɪtʃ ɪt hɐz fˈɔːlən ɪnðɪ ˈɪntɚvəl. ðɪs pˈeɪmənt ɪz ɪnʃˈʊɹd baɪ ðə spˈɛkjʊlətˌɪv bˈaɪɚ dᵻpˈɑːzɪɾɪŋ ɐ mˈɑːɹdʒɪn ʌv sˌoʊ mˈɛni sˈɛnts pɜː bˈʊʃəl æt ðə tˈaɪm wɛn ðə tɹænsˈækʃən wʌz mˈeɪd.