A temporary drop in grain prices sympathetically with stock exchange prices usually happens but as the Department of Agriculture points out, the overriding fact in grain is that this year's world wheat harvest is estimated to be 500 million bushels less than that of last year, which will result in a very low carryover at the end of the harvest year.
Statement on the National Business and Economic Situation
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More from Herbert Hoover
Executive Order No. 4610, approved March 10, 1927, as amended by Executive Order No. 4833, March 19, 1928, and by Executive Order No. 5001, November 23, 1928, is revoked effective July 1, 1932.
So much of the order of June 8, 1926, creating Reservoir-Site Reserve No. 17, as affects the lands hereinafter described is hereby revoked
I do so with the deepest regret because of the distinguished service you have rendered and the fine place you have been able to make for yourself in the Diplomatic Service.
I had the pleasure of his acquaintance and I shared the admiration he inspired in all who knew him by his joyous humanity and his unlimited interest in and devotion to the happiness and well-being of others.
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