| 1 | The bidding process will be managed by Morgan Stanley. | |
| 2 | At auction the buyer bid and bought the wool for his mill. | |
| 3 | Click to open a web page and an automated auction begins. | |
| 4 | It is in this high-volume, low-cost market that real-time bidding is advancing. | |
| 5 | Prices would be lower because credit would not be competing with money to bid up these goods. |