Word: wheat
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Dates: during 1930-1939
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Last week in the corn belt, farmers were getting their fields in tilth for corn. In the wheat belt, spring wheat was being seeded -two weeks late because of cold. In the northern half of the cotton belt, cottonseed was going into the ground. In Texas, cotton plants were coming up. On the prairies-save where dust and drought had ruined it-winter wheat was growing green and waving in the breeze. In farmsteads everywhere newly farrowed piglets were lying like pink sausages at the teats of deflated sows. And in Washington, now that May was there, a crop...
Every broker knew what the "peculiar circumstances" were: with 4,000,000 bu. of wheat, rye, corn and oats, Rosenbaum Grain Corp. had gone to the wall the previous afternoon. The scarcity of wheat caused by Drought had eaten into Manny Rosenbaum's warehouse business. Income from storing other people's wheat (1½? a month per bu.) had sunk out of sight; in its place was a heavy drain on cash for upkeep and taxes. And loans from banks were large. Rosenbaum Grain Corp. filed petitions in Delaware's and Chicago's Federal Courts...
When news of the failure flashed westward, both the Kansas City and St. Louis grain exchanges closed down. Wheat sank on the Winnipeg and Minneapolis exchanges, only major grain markets open in all of North America. Grain brokers from coast to coast held their breath in anticipation of a grand market smash...
...whose names were kept secret) to close out the Rosenbaum open contracts privately. Within a half hour after the market opened. President Boylan proudly announced that the job had been done. The liquidation was accomplished with a net loss for the day of only 1? in the price of wheat...
Young Grass. Previous tests on the nutriment value of cereal grasses, said Dr. C. F. Schnabel of Kansas City, Kans., were misleading because the grass was too old. Dr. Schnabel took tender, young shoots of wheat, barley, oats, rye, ground them to a meal tasting like malted milk powder, found its food value two to five times greater than spinach, carrots, lettuce or chard, its vitamin content up to 50 times greater. Hens fed on this meal laid twice as many eggs containing fivefold as much Vitamin...