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Posts tagged as “FCOJ”

Duke & Duke Collapses Under Commodities Futures

PHILADELPHIA, PA – Duke & Duke Commodity Brokers, one of the largest brokerage firms in Philadelphia, has collapsed after the first day of trading this year after the United States Department of Agriculture reported a favorable conditions for coming orange crop production. The brothers Randolph and Mortimer Duke, who have helmed the firm since its inception in 1949, have reportedly sold their seats on the Philadelphia commodities Exchange having failed to meet margin call on their frozen concentrated orange juice futures contracts.… Read more

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