COMMODITIES: Buyer's Market

In front of the battery of telephone booths on the trading floor of the Kansas City Board of Trade, brokers stood in lines five-deep one day last week, waiting to call Harrison 6464. From offices and farms all over the Midwest, others were also trying to get the magic number of the Commodity Credit Corp.'s regional office. At Harrison 6464, the switchboard operators worked mightily to handle the traffic; more than 500 calls jammed their board. Everybody wanted to sell cash wheat.

Last week's deluge of selling ended the wait-&-see attitude which farmers had maintained since the February break in...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!