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The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts". [1] In 1955, two onion traders, Sam Siegel and Vincent Kosuga, cornered the onion futures market on the Chicago Mercantile Exchange. The resulting regulatory actions led to the passing of the act on ...
Vincent W. Kosuga (January 17, 1915 – January 19, 2001) [1] was an American onion farmer and commodity trader best known for manipulating the onion futures market.Public outcry over his practices led to the passing of the Onion Futures Act, which banned the trading of futures contracts on onions.
In the late 1950s, United States onion farmers alleged that Sam Seigel and Vincent Kosuga, Chicago Mercantile Exchange traders, were attempting to corner the market on onions. Their complaints resulted in the passage of the Onion Futures Act, which banned trading in onion futures in the United States and remains in effect as of 2024. [5]
Locally, Sangamon County saw a decrease from July 1 of 2020 to 2023 of 196,144 to 193,491, or 1.35% of the county's population was lost. An aerial view of Springfield is seen on Monday, April 1, 2024.
Thursday’s numbers show Illinois’ population in 2020 was 12.79 million people. The following year, the state was 12.70 million people. In 2022, Illinois continued to shrink with 12.62 million ...
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This is a list of census-designated places in the U.S. state of Illinois, by county. Census-designated places (CDPs) are unincorporated communities lacking elected municipal officers and boundaries with legal status. [1] The term "census designated place" has been used as an official classification by the U.S. Census Bureau since 1980. [2]