The Archive · 1930

U. S. Grain Prices May Soar

Chicago, Aug. 4.

Drought continues throughout the entire Middle West section of the United States.

Grain prices are already being affected, in view of the apparent major reductions in crops which the Grought will cause unless drenching rains come at once.

Speaking over a radio hook-up today, Mr. Alexander Legge, chairman of the Federal Fatm Board, urged the farmers to use low-priced wheat as stock food and thus assist in reducing the surplus stocks with consequent upward trend of prices—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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