Word: grains
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Dates: during 1930-1939
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...normal: 2,500,000,000), smallest since 1881. Buyers scouring the country for corn were finding that farmers were not selling, needed far more feed than they had grown. Husking bees had been postponed for want of ears to husk. And in the Chicago grain pit, traders suddenly realized that outstanding sales of corn for September delivery were double the supply in terminal grain elevators. Suddenly corn bounced up 3⅞? per bu., nearly the full 4? limit allowed by the Chicago Board of Trade...
...great corn states of Iowa and Illinois, the temperature rose to 115° and in the grain pit corn kept pace, next day mounting a full 4? to $1.16 a bu. This put democratic corn ahead of aristocratic wheat ($1.14 a bushel) for the first time in six years. Next day September-delivery corn rose 3!^ to $1.igf, a price unequaled since the great days when War-starved Europe bought all the U. S. grain it could get. and cash corn sold...
...they got it, at a cost of some $30,000,000, in the form of a 510 mile spin from The Pas, Manitoba, prime junction on the Canadian National Railways. Another $25,000,000 went toward fitting up Churchill as a port, building a 2,500,000-bu. grain elevator (TIME, Sept...
Last year only six freighters visited Churchill. The five-year average of grain exported is a mere 3,000,000 bu. The town, itself, once planned to become a metropolis, remains a huddle of shacks on the naked shingle beside the Bay. The Hudson Bay Railroad runs but one train a week...
...lease of Elk Hills. Today it is a hodgepodge of the remaining Doheny oil lands in Bakersfield, Long Beach, Ventura, Kettleman Hills, a big interest in Tide Water Associated Oil, a number of California corner lots, an eleven-story building in Los Angeles, four ranches which raise cattle, grain, fruits...