Jasper County Democrat, Volume 18, Number 18, Rensselaer, Jasper County, 5 June 1915 — Why the Local “Board of Trade” Closed Up Shop. [ARTICLE]

Why the Local “Board of Trade” Closed Up Shop.

The Lafayette Journal says that the A. W. Graham & Co., of that city who Were at the head of the branch “board of trade” conducted here by W. W. Hill, “have retired from the business on account of the uncertain grain market which has prevailed for some time. The firm suspended operations Tuesday. Mr. Graham denies that any assignment was made and stated to the Journal that a crazy market made it unprofitable to do business at this time and so he ‘just quit.’ In a way there were no losses,” said Mr. Graham, “for the money lost at this time, was only the winnings in previous deals.’’ It is rumored that a few Rensselaer parties lost some money by the closing up of the business here. It was reported here that the company at Lafayette had failed, which was the cause of the Rensselaer branch being closed. There have been several different parties engaged in this line of business in Rensselaer during the past twenty years, and evidently it has been a paying line for those conducting it. It has been current report that a great man) .auusand dollars have been Lst to the game here. And yet the supply of suckers never seems to be exhausted nor to profit by the experience of others.