Word: ib
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According to the Times-Call, the 7½ Ib. rainbow trout caught by Publisher Fred G. Bonfils of the Denver Post and glorified in that exaggerating sheet, was a tame trout named Elmer "known to hundreds of visitors to the Miller preserve, from whom he would accept remnants of lunch, coming half out of the water to eat out of their hands. A friendly and sociable trout was Elmer and he did tricks for the tourists including a watery rendition of 'Sweet Adeline' when his crumbs were soaked in the drippings of the picnic flask...
...that day an airplane streaked away to Austin, Tex. where a copy of what came to be known as Louisiana's "Drop-a-Crop" act was handed to Governor Ross Shaw Sterling with Governor Long's suggestion that Texas also prohibit 1932 cotton planting. Thus to a monster (250 Ib.) Governor of a monster (265,896 sq. mi.) State was passed a monster (15,685,000 bales) cotton problem...
...grew some 14,250,000 bales of which less than half found a market. To a carry-over of 9,000,000 bales the South this year is adding a crop of more than 15,000,000 bales. It is this glut of cotton, selling for about 6¢ per Ib. and far outrunning world consumption, which last week agitated not only the South but also the Federal Government and foreign countries...
When cotton was selling for 10, per Ib. early in April. William Wrigley Jr., Chicago gum tycoon, thought it looked like a good investment. He announced he would buy 200,000 bales with the proceeds of his gum sales in the South (TIME, April 13). Last week cotton hovered just above 6? per Ib., which meant that Gum Man Wrigley had so far sustained a 40% paper loss. But 6? cotton looked like a good investment to another Chicagoan. Edward Aloysius Cudahy Jr., president of Cudahy Packing Co. More cautious than Gum Man Wrigley, Meat Packer Cudahy announced that...
...Cudahy added that his cotton would be held for one year or until the price reached 10? per Ib. At that level a $660,000 profit would be shown for the Cudahy Packing...