Business: Bread & Butter

Back for another run last week was that familiar U. S. drama concerning joy in the market place and despair on the farm. While drought withered crops and pastures in a score of states, the nation's commodity markets staged the most exciting show since the great drought of 1934. A large part of the entire U. S. spring wheat crop was but worthless stubble. Winter wheat on the other hand had already been mostly harvested. Early in June the price of wheat was less than 85ยข per bu. Last week it sold as...

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