People's Pilot, Volume 5, Number 3, Rensselaer, Jasper County, 11 July 1895 — Failure on Chicago Board of Trade. [ARTICLE]

Failure on Chicago Board of Trade.

Chicago, July 10.—One failure has so far been recorded as a result of the late weakness in wheat. This morning G. Montague & Co. announced their inability to carry out their contracts. Mr. Montague is w’ell known on the board of trade and in Chicago, where he has been engaged in the flour business for many years. He has been carrying long wheat down from a high figure and yesterday’s 5-cent break was the straw that broke the camel's back. Assets and liabilities have not yet been estimated.