People's Pilot, Volume 3, Number 45, Rensselaer, Jasper County, 27 April 1894 — BROKE ALL RECORDS [ARTICLE]

BROKE ALL RECORDS

Wheat Dropped to 57 1-4 Cents on the Chicago Board of Trade. Chicago, April 26. —May wheat broke all records and sold on the board of trade at 57 X cents, the lowest price ever recorded. It was the climax of the depression that has forced the market lower and lower during' the last three weeks, and the whole bull fraternity is squirming. The situation seems hopeless for them. Where the descent will stop there is no telling. There are many who say that wheat will reach fifty cents a bushel or maybe less.