Wednesday, December 12, 2012

Tokyo Rice Pit

click to enlarge photo

Above is a rare photo from 1936 of the rice pit in Tokyo.  The original caption on the photo notes that trading in rice "overshadowed their stock exchange in the volume of business transacted."

Wish there was more I could add on it especially of how the primary rice market shifted from Osaka, where standardized futures began trading in the 1600s, to Tokyo.
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