Second Wave


The flood of selling which had washed the props out from under the high price of grain swept on last week. Day after day the weary traders crowded the grain pits to sell, and sell again. At week's end the Chicago Board of Trade had witnessed the worst ten days in its existing records. May wheat had now fallen a total of 52¼¢ to $2.34¾ a bushel, and May corn 54½¢ to $1.96½.

The wave washed over into the stockmarket. The Dow-Jones industrial average fell 4.17 points Tuesday,...

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