OCR Text |
Show LAW OF SUPPLY AND DEMAND IS BLAMED CH R'AGO, Sept. 1 b. 'harjc? by Com-mir-siuncr Ilatian of tlwi New York bureau bu-reau of weihu and measures that prirti manipulation by .'lucao tra.vt rs is rc-M'onsinle rc-M'onsinle for soaring wheat prices were characterized as absurd today by prominent promi-nent aicjuberii of the 'hicao board of trade. ''Tiie United States wheat crop in -100.000,000 bushels short." said J. V. G riff in, president nf ho boa nl. "The Canadian crop is 150,iO0,i.)ii0 short and the European crops are below the average. aver-age. The advance in wheat prices is due to the law of fiupolv and dtmiund, ami that only. It is absurd to suggest thui a jjronp of men could even momentarily momen-tarily control so vast a commodity as . heat. ' ' , Ilatigan 's charges were made in an appea 1 to 1 1: e federal trade commission at Washington for an investigation. |