Word: wheatly
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Dates: during 1920-1929
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...Department of Agriculture came out of a brown study and announced its June estimates for 1925 grain crops. The most interest was displayed in the wheat estimate, for the emissaries of agriculture traveling through the wheat belt had found the winter wheat, which constitutes about two thirds of the wheat produced in this country, short of stalk, thin in stand†, short of head-, with heads not well filled or empty...
...Winter wheat 407,000,000 bushels...
Last Black Friday that is, March 13 when the Messrs. Jesse L. Livermore (Manhattan) and Thomas Howell (Chicago) loosed an avalanche of wheat and rye that proceeded right through the bottom of the grain market, Mr. Arthur Cutten (Chicago) was notably annoyed and the U. S. Department of Agriculture was somewhat alarmed (TIME, Mar. 23, 30, BUSINESS). Mr. Cutten was annoyed because he, the big holder of wheat and rye, was feeling bullish, and his enormous paper profits were being swept rudely into oblivion . Also , Mr. Cutten felt that the catastrophe had been timed purposely to do him injury, since...
...same time and keep on selling until it was time to buy again and start the price-swing going upwards. The Messrs. Livermore and Howell are alleged to have made between them some 22 millions on the operations. Some Europeans lost much money, others saved much by buying necessary wheat shipments when the price was down. From the U.S. standpoint, this latter feature was not creditable to the Messrs. Livermore and Howell as an "economic service," for the U.S. farmer lost a fat slice from prices he had hoped to command this month and next...
...tobacco crop was marketed for about $500,000,000 and was raised by some 450,000 U.S. farmers. As a farm enterprise, tobacco in this country is exceeded only by corn, hay, cotton, wheat and potatoes...