Word: wheatly
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Dates: during 1920-1929
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...straw in our hats is mainly obtained from special varieties of wheat in China, Japan and Italy, which are pulled before ripening, bleached and braided by hand labor. The braids are then exported to the U. S. and turned into hats by our factories...
Hard on the heels of an unprecedented break in wheat came a severe reaction in the stockmarket. With money rates rising slowly, and an evident tendency on the part of Secretary Mellon (who, incidentally, is Chairman of the Federal Reserve Board) to look askance at the large sums of money loaned hy banks on stocks and bonds, such a fall in share prices is not fundamentally surprising. There has been the further factor of evident over production in many basic industries to give pause to undue optimism...
...some time, wheat prices have appeared weak and unable to stand at $2.00, much less advance beyond that high price, although news concerning the wheat outlook was in general encouraging...
Suddenly, toward the end of the week, the fireworks began. Under an avalanche of selling, wheat declined 15? in a single day to $1.66, along with a 17? decline in rye. Old grain traders declare that never in the history of the business has such a price-range been seen in a single...
Colonel Thompson himself was in Egypt at the time that the tomb of TutankhAmen was opened and secured a promise from the Egyptian Government that he should have some wheat if any were found. But not a grain has been discovered. He obtained, however, 200 or 300 grains of pedigreed wheat from other tombs, averaging 3,000 years in age. A little of this was planted to make certainty of its infertility doubly sure. Under the most favorable conditions, it failed to sprout. Some of the wheat was ground to flour, however, and chemical tests made. Faint reactions were obtained...