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Russian Commodities And Raw Materials Exchange

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August 3, 1991 | ELIZABETH SHOGREN, TIMES STAFF WRITER
Hundreds of fledgling Soviet brokers crowd around two trading pits as an announcer in a big bow tie reads off what's for sale today at the Russian Commodities and Raw Materials Exchange: 100,000 jars of mayonnaise, 65 tons of sheet steel, a shiny new Porsche sports car and much, much more. When a broker hears what he wants, he raises a blue, yellow or red card with the number of his brokerage company. He scans the room for the card of the firm that has the item for sale.
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NEWS
August 3, 1991 | ELIZABETH SHOGREN, TIMES STAFF WRITER
Hundreds of fledgling Soviet brokers crowd around two trading pits as an announcer in a big bow tie reads off what's for sale today at the Russian Commodities and Raw Materials Exchange: 100,000 jars of mayonnaise, 65 tons of sheet steel, a shiny new Porsche sports car and much, much more. When a broker hears what he wants, he raises a blue, yellow or red card with the number of his brokerage company. He scans the room for the card of the firm that has the item for sale.
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