CHICAGO GRAIN MARKET
STATE REGULATION ISSUE Press Association—By Telegraph—Copyright. NEW YORK, May 6. (Received May 7, at 10.80 a.m.) A Chicago message states that there is a marked decline in the volume of trading. This is attributed to the activity of tho State Legislature on the question of drastic regulation of the Chicago grain market. A Bill establishing a regulatory commission to supervise trading with dictatorial control over dealings in grain futures was passed by the State Senate, and now goes to the Lower House of Assembly. This State regulation agitation was brought about by the failure of the Marketing Corporation and subsequent investigation regarding the Armour Grain Company. Tho opponents of the movement claim that the enforcement of the proposed law would drive the Board of Trade out of the State. Exports predict that trading will bo erratic until the situation is altered.
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Evening Star, Issue 19550, 7 May 1927, Page 6
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144CHICAGO GRAIN MARKET Evening Star, Issue 19550, 7 May 1927, Page 6
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