RISE AND FALL
PRICES IN CHICAGO
EFFECT OF ANNOUNCEMENT
NEW YORK, 20th September. Chicago grain prices rose and, fell today in accord with alternating developments with regard to the charges that the Russian Government is disorganising market values by short selling. After, a hesitant start wheat jumped 2 5-8 cents a bushel, in response to orders to halt any such action by Russian agents. The late weakness of wheat was simultaneous with Mr. Bunnell's telegram to Mr. Hyde that Chicago is recognised as the world market, where hedging and the protecting of grain all over the world in all positions is customary. Closing quotations were never at an actual rally from to-day's bottom figures, and were unchanged to. half a cent lower than at yesterday's close.
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Bibliographic details
Evening Post, Volume CX, Issue 72, 22 September 1930, Page 9
Word Count
126RISE AND FALL Evening Post, Volume CX, Issue 72, 22 September 1930, Page 9
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