Word: corne
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...colleges, excluding Yale, whose home games will be sponsored by the Socony-Vacuum Oil Co. of New York. Ohio State, having held out against the trend (together with Minnesota, Princeton and Harvard, which still held out this year), finally succumbed-but not exclusively-to the Kellogg Co. (Corn Flakes), which also has contracts with the University of Oklahoma, Northwestern, Vanderbilt, Nebraska and Fordham. Michigan State has signed up with the Olds division of General Motors and the University of Iowa with Brown & Williamson (Sir Walter Raleigh) Tobacco Corp. For the third year Humble Oil & Refining Co. of Houston will have...
...since Thomas Montgomery Howell tried unsuccessfully to corner corn six years ago has the Chicago grain market witnessed such a knockdown battle as took place last week. Though the nation's corn bins will soon overflow with the biggest corn crop since 1932, corn supplies last week were very low because last year's carryover was the smallest of this century. With deliveries of September corn futures due on Sept. 30, longs had the best opportunity in many a harvest moon to soak shorts...
...group of about 350 first class men listened to the three addresses as they smoked corn cob pipes in what corresponds, but only a very little, with the famed Freshman Smoker. Afterwards beer was served in an informal got-to-gather with faculty and student leaders...
...similar situation occurred last July when potent Cargill Grain Co. held the long interest, and potent Farmers National Grain Corp. the short. At the last minute Farmers suddenly pulled 500,000 bu. of previously invisible corn out of the hat, gave Cargill a severe drubbing as the price fell 27?. Last week brokers suspected that Cargill was out to get even. However, there was little chance that a serious squeeze would materialize, for the Secretary of Agriculture has power to extend trading to prevent such things. Last week the Commodity Exchange Administration was visibly disturbed, uttered warnings about manipulation...
...base acreages lor the major soil-depleting crops. Cotton, for example, would be reduced from 34 million to 29-31 million acres. Other base acreages suggested: potatoes, 3,100,000 to 3,300,000 acres; rice 825,000 to 875,000 acres; tobacco, 1,400,000 acres; corn, 92,000,000 to 96,000,000 acres. Wheat was not mentioned, for wheat farmers, having yet to produce a normal carryover, may plant unrestricted...