Word: bushell
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Dates: during 1940-1949
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Commodities. That national defense spending would do consumer goods little good was the opinion of last week's commodity markets. Most prices fell. Worst sufferer was a consumer and export commodity-wheat. July futures dropped from $1.08½ a bushel to 79? with such breath-taking speed that Secretary of Agriculture Henry Wallace asked the Exchanges to limit trading for the third time since the turn of the century, set Saturday's close as the floor under which no trading would be permitted. Chicago complied by pegging the price, Kansas City and others followed suit. Another casualty...