Business: Big Farmer Broke

The biggest wheat raiser in Texas and one of the biggest in the U. S. called his creditors together two months ago and told them he was broke. Last week a rural hardware store to which he owed $600 petitioned him into receivership.

The farmer was Hickman Price. Four years ago he gave up a $50,000-a-year job with Fox Film Corp. to raise wheat on an industrial scale. His new neighbors in the Texas Panhandle chortled at the idea. But in 1931 they came from miles around to see the Price Plant in full blast...

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